Binary Options Broker | |
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Official website | |
Social network | |
Head Office | Shamrock Lodge, Murray Road, Kingstown, St. Vincent |
Company owner | InstaForex Group |
Types of support | [email protected]Feedback form on the siteCallback from the websiteChatifx.supportTelegram+44 (741) 845-05-28+44 (741) 845-05-28 |
Languages | English, Spanish, Italian, German, Portuguese, Polish, Turkish, Chinese, Arabic, Etc. |
Terminals | MetaTrader 5, MetaTrader 4, MetaTrader 4 MultiTerminal, WebTrader |
Liquidity providers | J.P. Morgan, Citibank, UBS, Barclays, HSBC, Morgan Stanley |
Min. first deposit | From 1 USD |
Brokerage commission | Up to 0.7% |
Bonuses | |
Free demo account | |
Adjustable | Yes |
Regulators | BVI FSCSIBA/L/14/1082 FSC№ 24321 IBC 2017 |
Licenses | Licensed Licensed by the Financial Services Commission of the British Virgin Islands (FSC) under the Securities and Investment Business Act (SIBA) of the BVI. License Number: SIBA/L/14/1082 (Active) |
Types of accounts | Demo, Insta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica |
Methods of replenishment | Neteller, Skrill, Wire transfer, Cryptocurrencies, Cash, terminal, Bank card (Visa/MC), Tether, Dash, NEO, Ripple |
Withdrawal methods | Neteller, Skrill, Wire transfer, Cryptocurrencies, Cash, Bank card (Visa/MC), Tether, Dash, NEO, Ripple |
Number of assets | 300+ |
Types of assets | Currency pairs Futures Metals CFD Cryptocurrency |
Account Currencies | EUR, USD |
Expiration | From 1 minutes to 1 months |
Mobile apps | There are mobile apps (iOS) |
Weekend trading | Yes |
Tournaments/competitions | A variety of contests are held on a regular basis |
Trader training | Webinars, Forex TV, charts |
Affiliate Program | RegistrationRemuneration for referrals |
Advantages | Advantageous trading conditions Simple and user-friendly interface Fixed Income Large selection of tools Impeccable reputation in the financial market, license Copy-system with years of experience Unique PAMM system Cryptocurrency trading A wide range of deposit bonuses The ability to choose the size of the leverage Comfortable deposit and withdrawal conditions |
Disadvantages | Trading platform freezes There are no such contracts as range or spread |
Company requisites | Legal name: InstaForex Group Legal address: Shamrock Lodge, Murray Road, Kingstown, St. Vincent |
Date of update | August 23, 2024 |
Overall assessment | 8.8/10 |
Is InstaForex a Scam? Complete Review and Real Customer Feedback
Partners of InstaForex get the opportunity to use the broker’s newest technology and quality services when they trade. InstaForex organizes the access of partners to intraday and longer options. Beyond this, traders have available to them many trading tools, such as cent accounts in EUR and USD, the value of which can vary from one hundred to fifty thousand. The difference between intraday options and urgent options is that intraday options can last from 1 min up to 24 hours and urgent options can last for up to 2 weeks. The quantity of operations that a trader can make in day isn’t limited by brokers. Traders that have decided to work with InstaForex will have at their disposal the most popular trading tools (gold, silver, more than 20 currency pairs, and around 70 types of assets of the CFD system).
The first thing that can be interesting for customers of Instaforex is the combination of simple strategy, big coefficient of profit, comparative predictability of risks and profit, independence of profit from market conditions and the simplicity of the trading process. You can try out the features of Instaforex at any time.
Intraday Options
This option has significant discontinuity (a five-minute step in the timeframe M5), and also, in the first half hour, one step of one minute only. This option is a good opportunity to acquire an option or abandon it. And, surely, it is an interesting opportunity to purchase this option an unlimited number of times in a day.
The trader should remember that the option price is fixed at the time of opening of the candle. Beyond this, buying intraday options from InstaForex requires choosing a time interval of purchase for the option on the next day and thinking out the prognosis of change prices of the assets and only afterward can you purchase a contract with a certain denomination in the chosen direction.
Urgent Options
When a trader works with Instaforex, he has the opportunity to trade in urgent binary options, which are contracts with fixed conditions, where income is known from the beginning and the time limit is increased to 4 weeks. Also the broker allows the postponing of the purchase of options for 2 weeks. If the prognosis of the change of price of concrete asset, that was from buy moment until end of option, is right, trader start to have profit.
Open a Demo Account on InstaForex
Almost all brokers, including Instaforex, provide the opportunity for beginner traders to work on demonstration accounts. You can open a demo account without registration and for zero cost.
Archive of Quotes
To ensure a more accurate analysis and assessment of the market, the broker saves on his server an archive of quotes, access to which is provided to all registered traders. Access to all assets and tools that are used by the company allows traders to make effective analyses. Information needed by a trader is given out automatically and already issued in the form of a table. For more detailed information, send a request including the following:
- essential tool;
- exact timeframe;
- date on which the quote is requested.
Life Feed Service
Besides all of this, you can get access to service Life Feed from a broker. This service provides the opportunity to monitor all necessary information for options trading. Such information includes data about operations with options and the demonstration results of other traders that work with this service and many others.
Regulator of the Broker
Since its founding in 2007, InstaForex has developed a solid reputation. The majority of customers say it is a safe, responsible company. Instaforex is regulated by RAPFM. The main office of this company is in Kaliningrad. This company’s profit allows it to sponsor a lot of sporting events and several teams. You can either trade through fourth MetaTrader, which sis equipped with additional add-ons, or work directly in your account. It is also important to note that the minimum deposit is only $1, and the maximum deal can be $1000. The size of the deal is always fixed at 80%.
Complaints About Instaforex
Our team has searched the Internet and found some negative reviews but, in our opinion, these are just the machinations of competitors. Those that were fair and reasonable critiques were settled by the company in a positive manner.
The most important good qualities of InstaForex are the following:
- Simple and comfortable interface, that you can easily use immediately after you start to use it;
- Fixed profit – 80% and independent of any trading conditions;
- Many tools that other brokers typically don’t have;
- Possibility to choose the way of the working process (personal area or MT4);
- Many ways to withdraw or deposit money.
Unfortunately, there is one negative: an insufficient type of options contracts. There aren’t types of contracts like range or spread.
Conclusion
Normally, some experts find defects in some options platforms. Of course, we can’t say that this is ideal, but the development of InstaForex unequivocally attracts attention from traders. This occurs because because the broker platform is convenient and functional. Other companies don’t have this. Customers get more significant opportunities to make a winning deal, because of the opportunity of extended selection of expiration time and the change time for beginning operation. And the reputation that traders achieve during trade gives them hope for withdrawing money without any problems.
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