InstaForex Trading Account – Review, Types, Process, Benefits, Charges & more

Check our all details about InstaForex Trading Account here.

InstaForex is an international trading company launched in 2007. It provides trading services in the Forex currency market to more than 7 million traders.

InstaForex offers access to 300+ trading instruments. Along with Forex instruments, it also allows trading in CFD, PM stocks, options, futures.

Being one of the fastest-growing brands, it has built itself a high-profile reputation. The companies operating under this are completely regulated and licensed to provide services.

It offers qualitative and superior trading services. To keep improving technologies is what this company aims to achieve.

With over 30 industry awards, InstaForex has placed itself among the best brokers.

InstaForex Trading Account and Benefits

Being a choice of millions of traders, InstaForex is much preferred and trusted.

It offers a brilliant opportunity to explore the world of trading.

InstaForex allows trading in financial instruments, currency pairs, stocks, metals, and cryptocurrencies.

With an intention to keep things simple, it offers only the MetaTrader 4 platform to its users.

It is a well-invested trading system that meets all the needs of any trader. But compared to some desktop-only platforms, InstaForex offers more than that.

It lets its customers access their trades using mobile devices via the Mobile Trader app.

It is available on both the Google Play store and the iOS App Store. Besides that, the Forex Portal app provides live quotes, analysis, and trading signals.

For beginners, the Forex courses app is a great way to enter into new horizons and start trading.

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InstaForex Trading Account Charges

Trading using the InstaForex trading account requires no deposit.

It utilizes the spreads and commissions for the platform.

The amount of commission/ spread varies according to the specific type of account held by a client.

Standard accounts use fixed spreads beginning from 2 pips. In a similar way, Eurica accounts charge commission starting from 0.02%.

Other account types have a floating spread of 0.8 or 1.2 pips.

Going on commission rather than spreads can provide better returns with fewer fees.

So, traders who are starting can take trading-related decisions in a more enlightened way.

For all the deposit & withdrawal purposes, InstaForex offers a variety of methods.

All the deposits made are commission-free.

But the payment processing system may charge certain fees for withdrawals.

Traders can use bank cards, bank wire transfers, Skrill, etc. as methods to deposit and withdraw.

Types of InstaForex Trading Account

Types of accounts provide the same amount of leverage. The accounts available on InstaForex are- Standard, Eurica, ECN, ECN Pro, Scalping. It also offers a free demo account. Let’s understand them in detail:

Standard Account

• No minimum deposit
• Spread- from 2 pips
• No commission
• Leverage- 1:30
• Currencies for this account- EUR, USD, and GBP

Eurica Account

• No minimum deposit
• Spread- 0.8 or 1.2 pips
• 02% commission
• Leverage- 1:30
• Currencies for this account- EUR, USD, and GBP

ECN Account

• Minimum deposit- 100 EUR
• Spread- 0.8 or 1.2 pips
• No commission
• Leverage- 1:30
• Currencies for this account- EUR, USD

4ECN Pro Account

• Minimum deposit- 1000 EUR
• Spread- from 0.8 pips
• No commission
• Leverage- 1:30

Scalping Account

• No minimum deposit
• Spread- 0.8 or 1.2 pips
• No commission
• Leverage- 1:30

InstaForex also offers a Demo account to its users. It gives the new traders a chance to hone their skills by experiencing real-life trading.

The demo account has virtual money and lets the users understand different functionalities.

InstaForex Account Opening and Trading Process

Opening an InstaForex account is quite a simple process and takes only a few minutes. The registration process allows the users to carry out transactions in the Forex market.

The following steps will let you open an account within minutes.

• Go to the official website by searching the name “InstaForex” on Google.
• Once opened, it will need the user to accept the terms of the Public Offer Agreement.
• Next, the user has to fill a special registration form to receive their credentials via e-mail.
• Immediately after, the user will have the Forex trading account number, trader password. These help in carrying out transactions and accessing client cabinets.
• It will also send via e-mail the phone password to contact InstaForex specialists. Also, a PIN code for confirming withdrawals.
• Deposit money into the forex trading account to carry out operations for the first time. The trader has to do this within 30 days of account registration.
• The trader can finally set up a trading terminal on their PC or mobile phone and start trading!

The minimum deposit fee is $1. The traders can choose to trade in a variety of instruments available on the website. With around 300+ assets to deal in, InstaForex is suitable for all kinds of traders.

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InstaForex Trading Account – Features

300+ trading instruments

InstaForex has a lot to offer to its clients.

From over 300 financial assets, it offers currency pairs, commodities, metals.

There are Futures, Options, Stocks, Spot instruments as well as CFDs on indices S&P 500, Bitcoin, and others.

ForexCopy System

This system allows the traders to use the years-long experience of successful traders. any user can increase their earnings by copying deals of professionals.

It allows choosing a trader based on 20+ criteria and copies their trades.

PAMM System

Along with a friendly interface, the system is also efficient. With the help of this service, the trader can manage the funds of several investors.

This lets the investors earn without trading. It lets the traders earn higher profits for managing investors’ funds. This system enhances usability for both investors and traders.

Tick Trades

For a new trader, Tick trades are the best way to start.

These trades ensure stable profits with limited risks.

InstaForex provides educational material, basic trading strategies, and let’s examine real cases.

Market analysis

This feature provides fresh forecasts and reviews.

Expert outlooks, technical and fundamental forex analysis make trading easier and profitable.

Multi-language customer support

Its customer support service offers qualified and timely guidance to all its clients.

Their team is always ready to tackle all sorts of issues their clients have anywhere in the world. Proficient in around 17 languages, the support staff is capable of sorting things out in no time.

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InstaForex Trading Account – Conclusion

As an online trading platform, InstaForex is a great choice.

It provides a globally appreciated MT4 platform to its clients. It aims to cater to its traders by giving an enriching experience and utmost safety.

Also. it provides adequate security using two-factor authentication, anti-phishing technologies. Also, it has segregated accounts for high-value deposits.

InstaForex offers a lot of features and benefits to its clients which makes it preferred. It attracts traders by giving attractive leverage with low fees.

It is also very easy to access, set up, and use and thereby, suits traders at different levels.

The different types of accounts match the needs of all investors and traders.

It also lets the users create and try a demo account before setting up a real account.

Not only it helps in getting used to the platform, but it also provides educational tips and makes it easier to use.

InstaForex Online Trading – FAQs

Here is the list of FAQs related to the InstaForex online trading account:

Does InstaForex provide online trading?

Yes, InstaForex is an online trading platform.

A user can trade available assets by requiring only a stable internet connection.

A trader can also access the platform using a mobile application and also a portal app to check live quotes.

What are the commission charges in InstaForex?

There are zero commission charges when using InstaForex.

It is a commission-free platform for trading but Spread charges may apply.

All these charges depend on the type of account used by the client and are applicable then.

Does InstaForex provide a demo account for trading?

Yes, it offers the facility of a demo account with virtual money and no risk factor.

It allows trying new strategies and learning new methods of trading.

It is suitable for beginners and allows them to adjust to the platform.

Is trading free at InstaForex?

Yes, trading at InstaForex is free of cost but some spread charges may apply.

There are no commission and deposit charges but they may apply on withdrawals.

The amount of charges may vary depending on the specific type of account.

Does InstaForex provide Spot Metals trading?

Yes, InstaForex provides spot metals trading in precious metals.

The website offers key indicators to know more about the market trends. It helps in enhancing profits and increasing profitable opportunities.

What are Spot Metals trading charges at InstaForex?

There are no spot metal trading charges associated with InstaForex.

Yet, it is advisable to clarify this with the customer support that InstaForex has. InstaForex has live chat, email, telephone facilities available in 17 languages.

The support staff is available to cater to all sorts of queries.

Does InstaForex provide stock trading?

Yes, InstaForex provides stock trading options.

It offers around 300+ financial instruments to trade-in. It also includes stock indices, crypto, and precious metals.

The website displays the stocks available for trading at the moment.

What are Spreads at InstaForex?

Spreads offered by InstaForex are very competitive.

It is usually wider than its competitors. The higher the deposits, the better the spreads will be. But, they are less competitive with lower account tiers and start from 0.8 pips to 1.2 pips.

Is InstaForex safe for trading?

Yes, the InstaForex trading account is reliable and safe.

Being regulated by the CySEC ensures high-end security to its users’ funds.

It secures all the transactions using two-factor authentication and anti-phishing technology.

It also complies with necessary data protection laws.

Does InstaForex provide trading tips?

Yes, InstaForex provides many useful trading tips to its users.

It also has educational resources as well. It provides tips and guidelines to ensure high profits, daily market updates as well.

Fill up the Form – Open Forex Trading Account Now!

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