InstaForex Review – Is InstaForex Scam or a Legit Crypto Broker?

InstaForex Review

InstaForex logo

For more than a decade, InstaForex has been a global brokerage brand. The companies that have come together under this name provide CFD and forex trading and excellent all-around support to their customers, who number an astonishing seven million in total. Read our InstaForex review to learn more about this worldwide trading platform and to determine whether or not this broker would be a good fit for your trading requirements.

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A Glance At InstaForex

InstaForex has established a solid reputation as one of the most well-known and rapidly expanding trading platform by sponsoring various high-profile events. It is a fully licensed and regulated trading platform to provide trading services around the world, with a special emphasis on the European Union. InstaForex is a great fit for investors of all sizes, and it is easy to use.

InstaForex website

In 2007, InstaForex made its debut on the global financial services market as a forex broker. With continued growth and expansion, the brand now has over 260 distinct branch offices and locations in over 100 countries across the world.

As a result of high-profile sponsorships with athletes and clubs such as Ales Loprais, Borussia Dortmund, Daria Kasatkina, Ole Einar Bjrndalen, and HKM Zvolen, among others, the brand was able to make a significant impact on the public perception of their product.

Multiple Assets

As the name of the business suggests, InstaForex is primarily a forex brokerage, with a diverse range of other assets available to complement the forex products offered by the company. Trades can diversify their portfolios among over 100 distinct currency pairs now available on the site, providing a complete and comprehensive diversification of portfolios.

Furthermore, the broker provides its clients with access to an even broader selection of products, including the ability to trade equities, indices, commodities, and cryptocurrencies through the use of contracts for difference (CFDs).

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InstaForex trading assets

Up To Date Trading Platform

Many online brokerage firms and providers offer their unique versions of trading platforms, but unlike many of their competitors, InstaForex has chosen to stick with the tried and true MetaTrader 4 (MT4).

The MetaTrader 4 download, on the other hand, is rapid and uncomplicated. Aside from that, InstaForex offers a number of self-developed plugins, including single Click Trading and Advanced Forex Desk.

 The MetaTrader 4 platform may be a huge plus for traders who appreciate the aesthetic, infrastructure, and familiarity with the platform. It also offers a Client Cabinet, which provides some more versatility. The trading system MT4 is a well-invested, well-planned, and sophisticated platform that does virtually everything that a trader could want.

Different Devices Compatibility

Because InstaForex exclusively enables trading via the well-known MT4 platform, traders benefit from all of the features of such a robust and well-developed platform, including the option to do trading from a mobile device.

Customers of InstaForex can use the MobileTrader app, which is available on Google Play and the iOS App Store.

Traders have given this app a positive response and a high rating. InstaForex also offers the Forex Portal App, which provides live quotations, analysis, trading signals, and other valuable information, and also the Forex Courses App is useful for novices.

InstaForex is fairly well known for the numerous tools and features to mobile customers, compared to certain desktop-only platforms.

Demo Account Option

Demo accounts are available for free at InstaForex, allowing new or experienced traders to refine their skills and familiarize themselves with the platform in general. The sample account is pre-loaded with imaginary funds, giving you a good idea of how real-world trading with might feel.

Giving the trial account a go is a wonderful way of getting back into the swing of things and grasping the numerous functions of InstaForex’s trading platform for novices to trade or those who were out of the field for a while.

Robust Security

InstaForex ensures its customers’ technical and financial security by employing security measures comparable to those used by banks. Two-factor authentication, anti-phishing technologies, and segregated accounts for high-value deposits are all part of this.

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Summing Up

InstaForex is a good choice for an online trading platform. It uses the popular trading platform MT4 to provide traders with a good experience while ensuring their customers’ safety through adequate regulation and effective safety measures.

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