January 29, 2021
InstaForex is an award-winning, multi-asset broker based in Limassol, Cyprus. Founded in 2017, it is now the preferred platform of over 7 million traders across the globe. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), giving clients in the EU a high level of security and effective legal protection.
Offering of Financial Investments
The firm offers a range of instruments available to trade as CFDs, with leverage of up to 1:30. Tradeable instruments include more than 100 currency pairs, several indices, and a handful of digital currencies. At InstaForex, customers can trade:
InstaForex EU Trading Account Types
InstaForex has six different types of trading accounts, all of which give access to all asset types, fast execution, and a choice of platforms. InstaForex MT4 trading is available with all account types, and there is always a swap-free option on request. Accounts offered include:
- ECN account
- ECN Pro account
- Scalping account
- VIP account
InstaForex also provides a risk-free demo account to allow new customers to try out the platform.
InstaForex EU Commission and Fees
At InstaForex, the commissions and withdrawal fees charged will depend on the type of account that the customer holds, and, of course, the instrument that is being traded. With a Standard account, there are no commission fees, and fixed spreads are offered, starting at 2.0 pips. With an Insta.Eurica account, spreads start at 0.0 pips and commission fees are from 0.02%. ECN accounts provide floating spreads and no fees, whereas a Scalping account also provides a fee-free trading model with floating spreads from 1.2 pips. The above charges apply to forex trading. Fees and charges will vary between asset classes and will be different for individual instruments within those asset classes. InstaForex pricing is transparent, and is clearly laid out on the website.
InstaForex EU Platforms and Tools
InstaForex offers a choice of platforms, including MT4, WebTrader and MobileTrader. InstaForex MT4 traders have access to all the tools, technical indicators, features and third-party plugins that they will have come to expect. The platform is versatile and intuitive and allows for automated trading, mobile trading and social trading. WebTrader is a simple, browser-based platform that can be used from almost any device, with a full set of tools and functions and easy access to all assets.
InstaForex EU Research
InstaForex provides an excellent research section, which can be found under the ‘Analytics’ tab on the website. Here, customers will find forex analysis and reviews, analysis of charting patterns, and daily videos focusing on a specific forex pair or instrument. In this section, customers will also find an economic calendar and Forex TV, which features educational videos explaining various aspects of trading, and looking at specific tools, strategies and techniques.
InstaForex EU Mobile Trading App
This broker offers a powerful and convenient mobile trading app, available for both iOS and Android devices. The app can be downloaded free from the App Store or the Google Play Store, and allows access to all the same assets, and most of the same features and functions, as trading from the desktop. The app has a user-friendly interface, an online news feed, and a wide selection of free, integrated tools and indicators.
Should I trade with InstaForex EU?
InstaForex EU is a reliable, user-friendly CFD broker that allows easy trading of multiple assets, all from one account.
- Fully regulated
- Choice of account types
- Over 200 instruments
- Mobile trading
- No bonus offered in EU
- Limited number of cryptocurrencies
- MT5 platform not currently available
Is InstaForex regulated?
Yes, the broker is regulated in the EU by the Cyprus Securities and Exchange Commission (CySEC), and it is a member of the Investor Compensation Fund (ICF). In addition, the firm is registered with relevant bodies in other jurisdictions it operates in. InstaForex is well-regulated and considered a safe broker to use.
How to trade on InstaForex?
Trading on InstaForex EU is very simple. Account opening is quick and easy, and is done entirely online. There is a choice of deposit options, including credit card, bank wire, Skrill or Neteller. Once your account is funded, you can start trading. There is a demo account available if you would like to practice first.
Is there an InstaForex app?
The InstaForex MobileTrader app allows you to manage your trading account from anywhere in the world, at any time, as long as you have your smartphone and an internet connection. The mobile app is available for iOS and Android devices, and can be downloaded free from the App Store or Google Play.