The key differences between accounts are in the minimum deposit and commissions. It is also worth noting that MT4 accounts have approximately 260 trading instruments and lower deposit requirements, while MT5 accounts have more than 2,600 instruments. For beginners, InstaForex offers video tutorials and downloadable training courses. Finally, online webinars are available to both novice and established investors, as well as demo accounts. As a well-invested, carefully designed and robust trading system, MetaTrader 4 and MetaTrader 5 do practically everything a trader could want. It’s worth pointing out that MetaTrader 5 is the better fit for experienced traders, however.
DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Thanks to my account manager’s consistent guidance, i felt a genuine need to express my deepest token of appreciation. Compare InstaForex with the top 3 similar brokers that accept traders from your location.
Besides, the secured transaction area will allow you to use the quick link to make a deposit and withdrawal of funds from your trading account without logging in. InstaForex hasn’t created its own trading software yet, whereas some traders look for in-house platforms today. Variable spreads, lower commissions and more make the ECN VIP account attractive to demanding traders. The company covers all deposit fees, for any amount, on all account types in all currencies.
Another reliable feature is the VPS hosting service that InstaForex offers. This Virtual Private Server is a computer in the data center, and it works the same way as a regular computer. You can connect your tablet or phone to the VPS, and you can use it for nearly free with this service. The server is best for traders who want to trade at night, outside of normal trading hours. Provided by InstaForex, Insta-Futures are a way to trade futures against other traders through a platform that has been backed by a financial group with a dozen years of market experience. Trading futures is tricky, but Insta-Futures is an innovative way to go about the process.
Benefits
You can choose from a good variety of flexible account conditions and generous range of funding methods. Strict regulation helps to give clients peace of mind whilst the support team is very prompt and efficient. If you want to get started, signup takes just a few minutes and the minimum deposit is only $1. There is even a free demo account if you want to try them out without making a financial commitment. All in all, I think they can be a great choice for those of you want to primarily trade forex.
As with all managed accounts and copy trading, past performance is by no means any guarantee for future performance. Founded in 2007, InstaForex has been providing its clients with access to the Forex market for years. The company offers innovative service and high-tech customer support, and it boasts over a million clients from around the world. InstaForex allows access to global trading floors and products, from Forex to ECN to derivatives and commodities. Different account types are offered to suit all kinds of traders, and the platform also offers a free demo to ensure you can get to grips with the system and try it before you buy.
InstaForex.eu is an online brokerage offering over 2,600 trading instruments. The company offers CFD trading ands provide a great all-round service. Besides being a sponsor to several high-profile sports organisations it is also famous for winning numerous awards. The broker is regulated by the Cyprus Security and Exchange Commission (CySec) and fully compliant with European legislation.
The trading platforms, segregated accounts, insta-futures, and VPS hosting are all designed to keep xcritical cheating trading reliable with this broker. Another nice feature of this broker is that they offer you the option a virtual private server (VPS). A VPS allows you to run your trading platform 24/7 without needing your own computer switched on. This can be useful for those who have a poor internet connection at home or need to run an automated trading system all of the time.
- This includes the use of two-factor authentication, anti-phishing technologies.
- The Partner Area is intended for the affiliate program participants.
- I am a huge fan of the MetaTrader desktop platforms as I find them to be very user-friendly.
- The mobile platforms are useful for those who need to trade whilst on the go.
Top Features
Therefore, you can access your account from any device and the platform will always be up to date. Founded in 2007, InstaForex provides industry leading online brokerage services to millions of traders all over the globe. They offer you a reasonable 300+ trading instruments in multiple markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs. You can trade online through modern and powerful trading platforms with good execution speeds, variable or fixed spreads and competitive trading costs. There are 9 trading servers for uninterrupted distribution of your orders. Account types are flexible which is great to support your different strategies whilst I was impressed with the good variety of funding options.
The other conditions are the same as the normal standard account including higher spreads with no commission fee. In terms of accounts, InstaForex let you choose between a cent and standard account in three currencies, USD, EUR and RUB. Each account has access to all instruments and differs by the spreads and commission fee. You can choose depending on whether you prefer low spreads or no commission. I personally like the Eurica account as it has the lower spreads which is important for my scalping strategies.
User Experience
We have over 20 years of experience when it comes to trading online so we know what to look for. InstaForex have a few extra add-ons for the MT4 platform including magic button and one click trading. The magic button simplifies the process of placing, managing and closing orders. One click trading increases efficiency and allows you to choose the same settings for every position. You can use the platform on all of your device as it is freely available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).
Mobile Apps
These methods include bank transfer, credit card and online payment processors. This gives greater flexibility for the needs of each individual client. For instance, I prefer digital wallets as I find xcritical official site it to be the quickest way to get funds into my trading account which is important if I need to act quickly on some market news. On the other hand, those without a digital wallet may be happy to wait a few days for a bank transfer to clear whilst they experiment on a demo account. The company’s contests, campaigns, and bonuses, reveal the broker to be a business that cares about its traders’ experience.
None the less, it will do the job if you are just looking to follow market prices and manage your trades with minimal fuss. I actually use MT4 because it was the first platform that I became accustomed to. Not only is it packed with tons of features, but you can also get an almost endless number of add-ons for it and even create your own.
There are some useful tutorial videos on the website that explains how to use this tool. I think this is a good tool for getting alerted to potential trading signals without needing to stare at the charts all day long. It can also help educate beginner traders on how to spot various chart formations. MT5 is a more advanced version of MT4 with some additional features.
There is a range to choose from with differing specifications (RAM, processor, disk space, cores, etc). The more you have in your account with InstaForex, the less the VPS will cost. If you maintain a balance over $5,000 then you can apply for a free VPS.