Item: instaforex
Rating: 7.01

instaforex

Cyprus | 10-15 years | Environment D |

Regulated in Cyprus | Market Maker (MM) | Medium potential risk

https://www.instaforex.eu/

Website

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Company Summary

instaforexReview Summary
Founded	2007
Registered Country/Region	Cyprus
Regulation	CYSEC
Market Instruments	forex, commodities, stocks, cryptos
Demo Account	✅
Leverage	Up to 1:1000
Spread	0 pip
Trading Platform	MT4, MT5, multiterminal, web, and mobile trader
Minimum Deposit	$1
Customer Support	Contact form, 24/7 customer support
	Tel: +35725654112
	Address: 4th Floor, Water's Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin Islands
	Email: support@instaforex.eu
Regional Restrictions	the USA

instaforex Information

Instaforex is a regulated broker, offering trading on forex, commodities, and stocks with leverage up to 1:1000 and spread from 0 pip on MT4, MT5, multiterminal, web, and mobile trader. The minimum deposit requirement is $1.

Pros and Cons

Pros	Cons
With demo account	With regional restrictions
Regulated by CYSEC
MT4/MT5 platforms available
Low minimum deposit of $1

Is instaforex Legit?

Yes. Instaforex is licensed by CYSEC with license number 266/15 to offer services.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
Cyprus	CYSEC	Regulated	Instant Trading EU Ltd	Market Maker (MM)	266/15

What Can I Trade on instaforex?

Instaforex offers trading on forex, commodities, stocks, and cryptos.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Cryptos	✔
Options	❌
Bonds	❌
Indices	❌
Equities	❌
ETFs	❌

Account Type

InstanstaForex offers four types of live accounts. Besides, it also offers demo accounts and Islamic Account.

Account Type	Minimum Deposit
Insta.Standard	$1
Insta.Eurica	$1
Cent.Standard	$1
Cent.Eurica	$1

Leverage

The broker offers maximum leverage at 1:1000. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

instaforex Fees

Account Type	Spreads	Commission
Insta.Standard	3-7 pips	❌
Insta.Eurica	0 pip	❌
Cent.Standard	3-7 pips	❌
Cent.Eurica	0 pip	❌

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, mobile, web	Beginners
MT5	✔	Desktop, mobile, web	Experienced trader
Multiterminal	✔	web	/
Web	✔	web	/
Mobile trader	✔	Android，iOS	/

Deposit and Withdrawal

The broker accepts via Skrill, Neteller, Visa cards, MasterCard cards, bank transfers and cash payments.

Deposit Methods	Processing Time	Fees
Neteller	instant	❌
Visa and MasterCard cards	24 hours	❌
Skrill	24 hours	❌
In cash	1-4 hours	❌
Bank transfer	4 days	❌

Withdrawal Options

Please pay attention to the commission which a bank can charge for an operation: up to $30.

Withdrawal Methods	Minimum Withdrawal
Bank wire	$300
Wallets/Electronic payment systems/Bank cards	$1

Withdrawal Methods	Processing Time
Via MoneyBookers/Skrill	1-7 hours
Other online payment systems	1-7 hours
Bank transfer	2-4 days
Visa card	1-6 bank days