Instaforex was created in 2007 and it is registered in Cyprus. It is regulated by CYSEC and BVI FSC with license numbers 266/15 and SIBA/L/14/1082 respectively.
|Head Office||Kaliningrad, Russia|
|Broker Type||Market Maker|
|Trading Platforms||MetaTrader 4
|Trading Instruments||Forex, Options, CFDs, Bitcoins, Metals, Commodities.|
|Payment Systems||Visa/MasterCard, Skrill, Neteller, Payco, Bank Wire, Mega Transfer, Paxum, Boleto, Alipay,|
InstaForex Trading conditions
The broker offers a maximum leverage of 1:1000 on all account types. This leverage is not available to bonus accounts. Stop out level is 10% and the broker offers a 5% annual interest rate on account balances. You will have to install their mt4 or mt5 platform to test their execution speed and spreads.
Instaforex account types
The broker offers about four types of account; They are Insta.Standard, Insta.Eurica, Cent.Standrard and Cent.Eurica. All account type has a minimum deposit of $1. All cent account has a maximum deposit of 1000 USD. Another broker Profiforex has an advantage of no maximum deposit on cent accounts.
There have been several reports that this Forex broker is scamming its traders. It is all over the internet, so you should not ignore this. Still, the broker has a large client base, which makes us wonder whether the reports are true. Trading with this Forex broker is completely at your own risk.
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