Company profile
InstaForex Review SummaryFounded2007Registered Country/RegionBritish Virgin IslandsRegulationFSC(Suspicious clone)Market InstrumentsForex, Commodities, Indices, Shares, Crypto, FuturesDemo Account✔LeverageUp to 1:1000SpreadFrom 0.0 pipsTrading PlatformMetaTrader 4, WebTrader, PAMM System, ForexCopy SystemMin Deposit$1Customer SupportEmail:support@instaforex.com24/7 Online Chat:YesPhysical Address:4th Floor, Water's Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin IslandsInstaForex Information Set up in 2007, InstaForex offers a wide range of trading instruments and high leverage possibilities. Two main advantages of the company are low deposit requirements and thorough educational resources. However, some traders would be concerned as it lacks control in large markets.Pros and ConsProsConsLow minimum deposit of $1Suspicious clone by FSCHigh leverage up to 1:1000No MetaTrader 5 platformSpreads of indices from 1.5 pipsIs InstaForex Legit?CategoryDetailsRegulatory StatusSuspicious CloneLicense TypeRetail Forex LicenseRegulated ByThe Virgin Islands(FSC)License NumberSIBA/L/14/1082Licensed InstitutionInstant Trading LtdWhat Can I Trade on InstaForex? InstaForex provides over 300 instruments, including forex pairs, commodities, indices, shares, futures, and cryptocurrencies.Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Shares✔Crypto✔Metals✔ETFs❌Account Types InstaForex offers standard live accounts. Also, a demo account is available.Account NameMinimum DepositFeaturesSuitable ForStandard Account$1Leverage up to 1:1000cent accounts, swap-free optionsSuitable for all levels of tradersTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable ForMetaTrader 4✔Web, Mobile, DesktopAll trading levelsWebTrader✔WebBeginners and casual tradersPAMM System✔Web, DesktopInvestors seeking managed accountsForexCopy✔Web, DesktopTraders interested in copy-tradingDeposit and Withdrawal InstaForex does not charge fees for deposits. The minimum deposit required is $1 for the Standard Account.Deposit OptionsMin. DepositFeesProcessing TimeBank Transfer$1Free1-3 business daysCredit/Debit Card$1FreeInstantPayPal$1FreeInstantBitcoin$1FreeVariesLitecoin$1FreeVariesEthereum$1FreeVariesTether$1FreeVariesOther Payment Methods$1FreeDepends on method chosen
Is InstaForex safe or scam