InstaForex Broker Review

Founded in 2007 and headquartered in Kaliningrad, Russia, Instaforex emerged as one of the best forex brokers based in Eastern Europe. The high leverage of 1: 1000 in the region dedicated to crippling leveraged traders makes it stand out.

InstaForex serves beginner and expert traders. Either you can start by opening a demo account or a real trading account that only requires $ 1 in a minimum deposit. In both cases, all InstaForex traders have access to training resources and video tutorials.

Here are all the InstaForex account types that we found on the company’s website.

1. Insta-Standard Trading Accounts
2. Insta-Eurica Trading Accounts
3. ECN Trading Account
4. ECN Pro Trading Account
5. Scalping Trading Account

Instaforex has one simple rule – customers should use the same banking method for deposits as well as withdrawals. The company processes payout requests and deposits between the hours of 10:00 a.m. and 7:00 p.m. (UTC+3) from Monday to Friday.

InstaForex has an interesting feature called Chancy Deposit. If traders make a deposit of at least $3000, they will get the opportunity to win at least $1000. Every month, the company chooses an account at random and credits the prize of $1000 to it. So far, Insta Forex has given away a total of $432,399 in Chancy Deposit prizes.

You can choose from a variety of payment methods to make a deposit or withdrawal at InstaForex: MasterCard , Visa, PayCo, Bank Wire, ePayments, Bitcoin, Neteller, Skrill, Cash.

InstaForex is a reputed online trading company which caters to mostly to the Asian market. It has proved to be an excellent choice for advanced traders as well as beginners.