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InstaForex Europe Forex Broker Review By Forex Serbia

gandra | Published on the sun 25 Dec 2022 - 18:17 | 64 Views

This year, InstaForex celebrates its 15th anniversary. Shortly after its foundation in 2007, the international broker signed a cooperation agreement with MetaQuotes Software, an industry leader in online trading software.

Since then, InstaForex has grown not just into a reliable broker providing access to all global financial markets but also a progressive fintech company. The brand has chosen innovation as its top priority.

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All information that may be of interest to a trader or investor can be found at the following link: https://www.instaforex.com/il/for_traders 

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InstaForex was one of the first brokers to introduce trust management technologies and give its clients an opportunity to copy trades of successful traders. The company also developed its own services – PAMM, ForexCopy, and Passive Investments systems.

The company continues to expand its services worldwide. Nowadays, InstaForex has representative offices all across the globe and works with traders from all over the world. Its clients have already opened more than 7 million trading accounts.

Favorable trading conditions are not the only thing that makes the broker so popular. InstaForex also provides one of the best bonus programs in the market and holds various contests and giveaways on a regular basis.

Along with public recognition, InstaForex has a high-performance rating. It has won prestigious awards and has been recognized as the best broker in Asia, Eastern Europe, and the CIS multiple times.

Trading Platforms

Traders can speculate on the financial markets using several user-friendly platforms.

InstaForex offers the MetaTrader 4 and MetaTrader 5 platforms. MT4 and MT5 provide one-click trading, between 9 (MT4) and 21 (MT5) timeframes, support for automated trading, a range of indicators and analysis tools, financial news updates, and secure logins.

InstaForex also offers a Multi-terminal solution. Compatible with MetaTrader 4, the terminal allows users to manage multiple accounts simultaneously. The downloadable software is compatible with Windows OS.

The online broker also offers a straightforward WebTrader platform. Clients can trade directly through an internet browser, with no download required. The WebTrader offers three layouts (Classic, Dashboard, Charts), market news and forex analysis, plus synchronization with InstaForex’s other platforms.

In addition, account holders can use the FastTrader platform. This has been designed for making tick trades. The terminal offers six-digit quotes, a clutter-free interface, and is accessible via web browsers.

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Pattern Graphix is available to all InstaForex clients for free

Download Link: https://www.instaforex.com/il/pattern_graphix 

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Tick Trades

One of the good things InstaForex offers to clients is to conduct tick deals right through a web browser with the help of its unique InstaTick Trader platform. Featuring an intuitive interface, this platform enables you to benefit from price fluctuations within a stated period of time with ease and convenience. Yet, be sure to learn how to use the system smartly.

Mobile Apps

In late April this year, international broker InstaForex released an updated version of its mobile application on Google Play. The InstaFintech Group professional development team has made the application better and more functional.

Representatives of the company have always emphasized that timely updates of the trading platform are important because they bring traders pleasure and contribute to successful transactions. The new design of the application is just about that.

The developers have thoroughly enhanced the interface to make it even more user-friendly for our clients. For example, the fresh update makes it easier to conduct transactions. In addition, the app received widgets for displaying user balance and a separate trading panel at the bottom of the screen along with other features awaiting you in the app.

The abundance of functions of the InstaForex mobile platform is multifunctional, which is an important reason why so many traders choose it. By now, more than 1,000,000 users have already appreciated the application. We have no doubt that the new set of functions will gain in popularity in the market.

The company took into account the requests of users and added the possibility of partial closing of positions in the new version of the application. Now users can easily edit their transactions.

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Superior Forex Desk will make your workflow with open orders more intuitive and convenient. After installing the plugin to your PC, you can use it with other technical tools available in MT4. This advanced software is open to all InstaForex clients for free too.

Download Link: https://www.instaforex.com/il/superior_forex_desk

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In addition, the mobile platform has a function for calculating profits and losses for each deal and real-time updating of quotes. Trading from charts has become a lot easier thanks to new features. Now users can save their settings, as well as trade from full-size charts. The updated mobile platform also allows traders to get informed about essential market events. Now everyone can turn on instant notifications that won't let them miss any news.

InstaForex is particularly proud of its large team of professional analysts. In the new version of the app, they continue to publish their useful trading recommendations and opinions on current financial events regularly.

InstaForex has also added a lot of analytical tools that can help traders build an efficient trading plan. Now traders have access to technical analysis summaries, and overviews of financial indicators of companies. Notably, it supports requotes when opening/closing trades. That means that in case of high volatility the price can change sharply the client will get a chance to confirm the opening and closing of the position with the changed price.

The company also draws the attention of traders to the updated economic calendar which has become much more user-friendly with the new version of the application.

I also want to remind you that, users of iPhone, iPad, and Mac can also benefit from it. The company updated the market and trader app for iOS and MAC too.

The latest version of the trading platform beloved by many traders turned out to be more functional than the previous one. Users of Apple devices can partially close and edit orders. The economic calendar, trading signals, and patterns of technical analysis to the new version of the app It was also added.

Another advantage of the new app version is more comprehensive analytical functions. In the app, you can find fundamental and technical analysis, video reviews, analytical articles for beginning traders, an overview of the company’s financial indicators, and many other things. You will get fresh and the most relevant financial news, which will make your trading even more profitable.

Moreover, you will have a chance to improve your trading strategy by getting recommendations from InstaForex professional analysts, which will regularly appear in the app.

Spreads & Commission

Spreads depend on the account type and instrument. Average forex spreads with the Standard and MT5 accounts come in at around 3 pips while the Eurica account offers zero pip spreads along with a commission charge of 3 currency units.

Spreads vary between stocks and shares but come with a 0.1% fee, similar to cryptocurrencies. There is a 0.01 tick cost with the broker’s InstaFutures. Head to the broker’s official website for a breakdown of fees by trading instrument.

Leverage

When we used InstaForex, leverage between 1:1 and 1:1000 was available to us. Traders can choose the leverage they need to suit their strategy and risk appetite.

In comparison to competitors, InstaForex offers high leverage which means greater profit potential in return for a small initial deposit. It is worth noting, of course, that leverage can magnify losses too.

Payment Methods

InstaForex offers a selection of international and local payment methods. Traders can deposit and withdraw using traditional wire transfers, bank cards, cryptocurrencies like Bitcoin, plus local transfer solutions.

Deposit times vary from instant with some options, such as PayCo, to three hours with crypto payments, and up to 24 hours with bank cards. Most local transfers are processed within two working days and bank fees may apply.

Note, the payment system and currency must be the same for both deposits and withdrawals.

InstaForex processes payments Monday to Friday, from 8 am to 5 pm (UTC+00).

Account Types (1 USD minimum deposit)

Link: https://www.instaforex.com/il/account_types

Link: https://www.instaforex.com/il/oys-account


How to trade on Instaforex?

To trade InstaForex you obviously need to open an account first, select the trading platform you wish to use, pass education if you’re a beginner, make a deposit and get into the trading process itself.

Bonuses and Promotions

InstaForex has been known to offer generous bonuses that will assist traders and investors with a long-term mindset to expand their asset base. Clients can earn and withdraw bonus money after the requirements are fulfilled. InstaForex also runs periodic promotional events in the form of trading competitions in live and demo accounts.

Customer Support

Do you have any questions or find any trouble related to InstaForex? If you do, you should reach InstaForex's support to get the information that you need. Here is the detail of the broker's customer support:

InstaForex offers the following support options to its customers, 24/7 customer service by a multi-lingual team, and a broad selection of communication methods such as phone calls, live chat, e-mail, or any messengers.

Why Choosing InstaForex Broker?

If you are still hesitating and cannot make up your mind whether to sign in to InstaForex, or not, there is one more option in front of you – check out its biggest benefits. 

Considering these strong points you are now aware of the biggest benefits that InstaForex broker can offer you. 

Is that all about this broker?

Well no, there's more just keep reading. 

InstaForex EU 

Instant Trading EU Ltd (instaforex.eu) is the European Union broker, raking in awards for years. There are a lot of educational tools and there is even a section on the main site dedicated to beginners. This broker seems welcoming of new investors, so we say it is recommended for traders of all experience levels, no matter whether they are old pros or novices.

Crypto Trading

Cryptocurrency has taken the trading world by storm in the past few years, and you can access over 70 cryptocurrencies with this broker. According to this broker, you can trade 24/7, trade NO spreads for BTC, ETH, and XRP and very tight spreads and low commissions (0.05% for VIP accounts) with no hidden fees, and generally have great conditions on this “competitive alternative…to Forex.”

Educational Features

Instant Trading EU Ltd values its new traders, and it appears to want to teach them as much as possible. Education is provided via video tutorials, written content, an online course, and more. After you complete the educational course, your material is downloaded so you can retrieve it when you need it. The video library covers a selection of key topics about Forex, completing the entire educational section. There is also the possibility of achieving the status of an “Experienced Client.” in Poland, therefore gaining access to higher leverage.

Branches in Europe.

The well-recognized brand has had its history since 2007. European license (CySec) was received in 2015, and authorization from Slovak, Polish and Czech regulators was received in 2020 and 2021, in the same years the company opened local branches in those countries.

InstaForex EU Account Types

You can choose from three different accounts, as this broker offers a wide range.

ECN accounts are available for both MT4 and MT5. These accounts are of three levels: ECN, ECN PRO, and ECN VIP. Basically, they differ from each other by the deposit requirements and commission values. So, professionals who are used to trading big volumes are likely to find PRO and VIP accounts more convenient. All ECN accounts offer market execution and raw floating spreads. MT4 accounts have approximately 220 trading instruments and lower deposit requirements while MT5 accounts have more than 2,500 instruments.

A very interesting offer, especially for beginner traders, is an ECN account on the MT4 platform where the minimum deposit required is only 200 EUR (or equivalent in other currencies like USD, PLN, and CZK).

Conclusion

The awards prove the point that Instant Trading Ltd is, overall, an excellent broker. It offers fantastic educational tools and a wide range of account types to its clients. This is an excellent broker for traders of all experience levels.





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