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InstaForex Review and Information 2024

InstaForex Information and Review InstaForex
Voting Rating InstaForex does not participate in the Forex Rating
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Regulation BVI FSC, FSC Saint Vincent
Trading software MetaTrader4, MetaTrader5, WebTrader, Mobile Trader
Headquartered 4th Floor, Water's Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin Islands

The InstaForex brand that was established in 2007 unites several companies providing services of online trading in various regions across the globe.  Nowadays, the companies operating under InstaForex brand have a vast clientele including more than seven million traders. InstaForex offers its customers vast opportunities for effective work on the international forex market, providing a variety of investing services from registering a new account to profit withdrawal as well as on-time technical and client support.

Our priority is to provide the wide range of services to every customer at any stage of work from new account registration to money withdrawal. Trading conditions are rightfully considered to be among the best ones in the world. Traders have access to a great variety of financial tools numbered more than 300.

Trading at instaforex.eu is facilitated through the MetaTrader 4 platform, while at instaforex.com both MT4 and MT5 platforms are available.  Apart from conventional desktop trading, it is possible to trade on the go with InstaForex as it provides the self-developed MobileTrader app and the WebTrader platform for trading through a web browser.  Moreover, InstaForex offers a wide range of trading tools and in-house MT4 plugins such as Pattern Graphix and Superior Forex Desk. Apart from currency pairs, customers of InstaForex can trade CFDs on shares, CFDs on cryptocurrencies, CFD on commodities, and CFDs on futures and indices. InstaForex offers qualitative trading services and continuously improve the technologies.

Trading conditions

  • 300+ trading instruments, including currency pairs, stocks, metals, commodities, and cryptocurrencies
  • Cent and standard accounts in three currencies (USD, EUR, and RUB)
  • No minimum deposit
  • Over 10 ways to deposit and withdraw money: Visa, MasterCard, bank transfer, electronic payment systems, cryptocurrency wallets
  • Modern trading platforms for PCs and smartphones: trading apps and WebTrader

At instaforex.com the maximum leverage is  1:1000. The spreads are fixed ranging from 3 pips on majors. The minimum trade size is 0.01 lot, while the minimum deposit is $1. At instaforex.eu the maximum leverage for retail clients is 1:30. The spreads are either fixed  (2-7 pips) or floating (starting from 0.8 pips).

At instaforex.com various bonuses and promo campaigns are regularly held. InstaForex gives up to 40% bonus for every deposit and up to 100% for the initial deposit. Moreover, the broker regularly holds contests for demo and live accounts, giving away generous money prizes and posh autos. Currently, InstaForex customers can join in the supercar campaign and win Ferrari F8 Tributo.

InstaForex offers the ForexCopy service for social trading. Within this service, traders can get commissions for providing their trades for copying while followers can copy deals of successful and experienced traders. There is also the PAMM system. It enables investors to put their money in profitable PAMM projects while traders can benefit from accrued investments. InstaForex brand has received numerous awards from reputable business editions and expo brands for the high quality of its services. The companies behind the brand continuously review the needs of traders and improve their products and services.

Clients are everything that matters to InstaForex. Focusing on their needs, we offer qualitative and superior trading services. Besides, we continuously improve technologies to maintain our leading position.

What is ForexCopy?

ForexCopy is a service that allows you to earn money by copying trades of successful traders. Alternatively, you can provide your trades for copying and get extra profit from it. When traders open new positions, they are automatically copied to the Followers’ accounts. Traders charge a commission for copying their positions, which our company can cover.

InstaForex Trading Information 2024

WWW https://www.instaforex.com/
Address 4th Floor, Water's Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin Islands
Headquarters 4th Floor, Water's Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin Islands
24 hour support
Partnership programs
Trust management
Free education
Bonuses, Promotions
Sponsorship contests, competitions
Mobile trading
Automated trading
Daily analysis
Demo account
24/5 trading
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type fixed
Pip spread on majors 3
Maximum Leverage 1000
STP, $ 1000
ECN, $ 1000
Standard account, $ 1
Mini account, $ 1
Popular payment methods Bank cards, bank wire transfers, China Union Pay, Solidtrust transfer, WeChat, Alipay, PayCo
Account currencies USD, EUR
Available assets currency pairs, CFDs on shares, CFDs on cryptocurrencies, CFDs on commodities, CFDs on indices and futures
Languages English, Spanish, Chinese, Portuguese, Russian, French, Dutch, Polish, Arabic, Malaysian, Indonesian, Urgu, Slovak, Czech, Bengali, Vietnamese, Italian, Thai, Hindi, Romanian
Platforms MetaTrader4, MetaTrader5, WebTrader, Mobile Trader
Broker type ECN
Regulation BVI FSC, FSC Saint Vincent
Foundation 2007

InstaForex Traders' Reviews

My experience with InstaForex has been frustrating, particularly concerning the withdrawal process. Despite repeated attempts over two weeks, my requests for withdrawal have consistently failed. Each time I contact customer support, I'm told that my issue has been escalated to the finance department and will be addressed urgently. However, there's no follow-up or resolution, and I'm left without any concrete answers. I followed their instructions precisely, attempting to withdraw funds using the same method as my initial deposit, but I keep encountering a "Request sending failed" error. This ongoing issue, coupled with the lack of communication and resolution from InstaForex, has been disappointing. Based on this experience, I find it difficult to recommend InstaForex. The lack of effective support and unresolved technical problems have significantly impacted my view of their reliability as a forex broker. For anyone considering InstaForex, I'd advise caution and suggest exploring other options, as the service and response to issues may not meet expectations.
  11 Jan 2024  

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Stay away! A total scam, they took money from my account, last I heard they call this theft! Impossible to withdraw.
  19 Dec 2023  

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There is an opinion that InstaForex helps to drain your deposit. I'm not 100% sure yet, but I'm very much inclined to this opinion, while I'm trying to deal with technical support, my claim has been under consideration for the second month. my advice to you, do not trade on the entire deposit, otherwise an unexpected stop-out will drain your deposit.
  20 Jun 2023  

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Lately I have seen a lot of mega positive reviews about InstaForex on various forums. I don’t know who composes them, perhaps the broker’s employees themselves. In my opinion, it is certainly possible to work with them, but like all others, there are enough minor problems and shortcomings. So trade carefully and think with your head, and do not rely on the advice of pseudo analysts with three classes of education.
  9 Apr 2023  

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XM Human Broker - Transparent, Fair and Focused on the Client

No hidden terms in pricing, execution, or promotions. Same quality of services, market order execution and level of support for all clients regardless of investment size, investment goals and financial situation. Easy and convenient systems for opening and managing account(s), for depositing or withdrawing funds. and for trading the international markets.

This page just saved me from making a big mistake. Was just about to deposit before I thought of looking for customer reviews online.
  5 Apr 2023  

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Instaforex management are scammers. Once you deposit say goodbye to your money. Just watch out for this space. They will never interrogate my comments because they know they are not genuine and they have no image to protect. Anyone fall victim is gone. Alots of people have fall victim including myself.
  12 Mar 2023  

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I believe Instaforex has got some issue with withdrawal, just stay away. Instaforex is a scam company. When you gain big profit, they will freeze and disabled your account and start to monitor your account closely to avoid you to withdraw. I have experienced it with losing few thousand dollars such as "cancel error trade", direct disable whole account and request you to deal with antifraud department. They will hunt and wipe out bigger profit account, just stay away this scam broker.
  9 Feb 2023  

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Total waste of time, after creating a real account with the no deposit bonus of $1000, I tried to register the account with all required documents but they take long and always reject the documents, I try to deposit but they say varify first. Now the platform on MT4 is complete bullshit, the broker freezes sometimes even for hours or a day or more, horrible and frustrating experience, there are better or let me say real brokers out there, leave this one.
  7 Sep 2022  

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The company unilaterally reset the account, the story is as follows. On Monday, the account was in a bad state, out of $4100 of funds, about $230 remained and 38% of the margin. But on Thursday morning, when the closing happened, the account already had $690 and more than 110% margin. In support, they answered me that the stop out worked. As a reminder, according to the company's rules, a stop out can be triggered at 30% margin, but usually a forced close is triggered at 10%. But at that moment, the account had more than 110% margin. Here is the support message. Account: 3736347: Orders were closed on account 3736347 although there was no margin call. The margin was over 100%. That is, when the account was in a safe zone, the purchase was simply closed and that's it. There was a partial stop out on the account, no problems. What does stop out mean to you? And how is it no problem? This means that some of the deals were closed because there were not enough funds to support them. I had $4100 now I have $609. This cannot be, there were enough funds in the account. There are no errors on the account. If you do not agree, you can file a claim. The claim can be sent to the Dealership Department by e-mail. The Client's claim must contain: - full name; - Account number; - date and time when the dispute arose; - number of the disputed order; - a description of the claim without emotional overtones. On Monday, the account had less than $230 and a walrus less than 38%? and at that moment it was $690 and the margin was over 100%. I think the company is not interested in solving this situation.
  25 Aug 2022  

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They are fraud . They are not paying my withdrawals for one month I am trying to contact them and they giving answer that you're request is forwarded to corresponding department. Just it They are fraud don't waist you're money and time.
  4 Jul 2022  

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Spam marketing using unethical methods like unsolicited messages. They are ignorant to the use of your personal information and laws relating to marketing in individuals respective countries. Stay away! I was scammed by a Gloria/Irene.
  7 Jun 2022  

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Why don't they reply to your comment?
Molemo   15 Jun 2022
In past 7 years I never had an issue, but now? Stay away. Rubbish customers service.
  9 May 2022  

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Instaforex is a very bad financial service. My money withdrawal holding more than 45 days still. Please use other platform.
  6 Apr 2022  

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Did you received your money?
Elifariji Kabonda   5 Sep 2022
Through most comments I can conclude that instaforex is rubbish, glad I didn't waste my time begin to trade as I've recently opened my account with their scam 1000 usd.
  3 Apr 2022  

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The Best Online Brokers 2024

In the ever-evolving world of financial markets, the role of an online broker remains pivotal for investors aiming for success. As we step into 2024, the landscape of stock trading is more dynamic and technology-driven than ever, necessitating a guide to navigate the plethora of options available. This comprehensive review aims to dissect the essential aspects of choosing a broker, ensuring that both novice and experienced investors can make informed decisions.

It’s telling me I made an account yet I am not interested in anything like this at all. how do I delete this account?
  21 Mar 2022  

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I am having difficulty in withdrawal and when I asked customers service they informed me that a third party deposit is in my account so in order to resume my services I have to first deposit the balance money and than I would be able to resume the services. My only question is it legit?
  18 Oct 2021  

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This platform is horrible, their customer service is poor and unable to solve issues, the bonus system is a scam, do not invest here. You can learn with their demo account but do not invest here, you will suffer from frustration when you want to withdraw you money back.
  15 Oct 2021  

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This is a scam. I just want my money back that's all. they kept on making mistakes now I keep on paying money non-stop.
  10 Oct 2021  

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I participated in the FX rally contest of the instaforex and fortunately secured 4th position. but when the time came to give prises they did not give me prise. and the reason that they give you have used the two accounts on the same IP address, which I have not done. all I can say is that this is a biggest fraud company. and please do not ever do a mistake to deposit anything in it.
  2 Oct 2021  

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Just got this message from Service when trying to withdraw: “Sorry, sir, your total funds have been reported to the Central Bank of the United Kingdom. You must complete the tax payment before you can withdraw your account funds. Regardless of the profit part or the principal part.”
  3 Sep 2021  

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All InstaForex Reviews

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