Instaforex cent account brokers

Here we have compiled a listing of the best cent account forex broker options for you to choose from.

Huge forex bonuses

Top 5 Best Forex Cent Accounts for 2021, instaforex cent account brokers.

These 5 are the top cent account forex brokers in the industry and a great starting point if you are opening a forex cent account. If you are searching beyond cent accounts and wish to open a standard account type with a very low minimum deposit, you should also make sure to check out our listing of the best brokers with nano lot size.

Top 5 best forex cent accounts for 2021

Top rated:

There are often many types of accounts available to try within the fx broker that you choose to deal with. Among these is the cent account.

Particularly if you are a forex trader trying to balance risk management with getting involved in forex trading, this may be the ideal solution for you.

With that in mind, we have collected more information and a selection of what we consider to be the best forex cent account options in the industry for you.

What is a cent account?

As you may be able to guess from the name, cent accounts facilitate trading in the smallest denomination of currency through micro lot trading. These trades can typically be opened with as little as 0.1 nano lots. One of the other keys to the cent account is the fact that your account balance shows as cents, for example, a $10 deposit would appear as 1000 US cents in your trading account.

This low volume trading availability makes cent accounts some of the cheapest and lowest-risk account options for those traders who may be new to the industry. They are also highly accessible due to the low or no minimum deposits that are often involved.

If you are searching beyond cent accounts and wish to open a standard account type with a very low minimum deposit, you should also make sure to check out our listing of the best brokers with nano lot size.

Top 5 cent accounts

Here we have compiled a listing of the best cent account forex broker options for you to choose from. These 5 are the top cent account forex brokers in the industry and a great starting point if you are opening a forex cent account.

1. FBS

The first forex broker featured is FBS. With this brokers cent account, trading can be started with a micro lot of 1,000 currency units and you can then trade with as little as 0.1 nano lots which is 10 currency units. The FBS minimum deposit is also great value at just $10 for europeans and $1 for non-europeans.

In the majority of cases, no FBS fee is attached to your deposit and the broker also makes a fully operational demo account available for a 90-day period to test the service. This period can be further extended through contact with the FBS support team.

At FBS, cent accounts are supported by the availability of both MT4 and MT5 trading platforms and a wide range of assets are available. This includes 28 currency pairs and 10 cfds for trading if you are in europe, and 35 currency pairs and 30 cfds if you are outside europe. The FBS floating spread starts from 1 pip.

Why should you choose FBS?

They have developed a global reputation as one of the most trusted forex brokers in the world.
There is a wide and diverse range of assets to choose for cent accounts, particularly outside europe.

Instaforex broker review

Reviewer : justin freeman

Published: 12th august, 2020.

Broker information

Platform info

Platform: MT4

Web based: no

Mobile trading: no

Broker services

Open free
demo account

Expert summary

The company provides a wide range of services to its customers, which covers everything from the moment of opening an account to the moment of withdrawal of earned funds.

Instaforex has gained a leading position in the field of such services. This is entirely due to the fact that the company offers favourable trading conditions and a wide selection of trading instruments.
The total number of trading instruments exceeds 300 pieces. Instaforex, like all other brokers, provides access to the most popular metaquotes software (MT4).

It should be added that traders are given leverage. The leverage is from 1: 1 to 1: 1000. You can conduct the trading process, both with commissions and without.

The company systematically updates the available financial instruments. Clients who work with instaforex were among the first to work with bitcoin and one of the first to offer the opportunity to trade cfds in global companies.

Today, the company offers not only brokerage services in the forex and binary options market, but also other features:

• professional training for beginners and experienced traders who wish to develop.
• forexcopy accounts
• PAMM accounts
• free trading terminals with a convenient user interface

According to the ideology of the company, all the activities of the company are based on improving trading conditions and creating comfort for all customers. However, there are many dissatisfactions of former and current customers online. According to the instaforex website, the broker received a number of awards for the best broker. However, the list of praises and praises of the website about instaforex services and the attention paid to their customers contrasts significantly with the many forum posts about the poor service they actually provide.

The company also offers a $ 200 welcome bonus for new customers. Many online posters say they either didn’t receive this bonus or claim that the company used it in fraud.

Instaforex website contains non-native english text. Despite the attractive appearance, the english text on the instaforex website is clearly not native with obvious grammatical errors. For example, this is one of the first lines that attracts your attention on the site:

“instaforex trading conditions are universal tools for managing funds in the forex market.”

Although this linguistic flaw is admittedly unlikely to have a big impact on your forex trading, this is the red flag of a forex scam for a company. Essentially, if a company can afford to pay for a trendy website, at least they can make the text on it written in proper english.

At first glance, if you can handle bad english, the website seems like a legitimate forex broker, even claiming to be the “best broker in asia.” nevertheless, even this statement is worrying, because the verb “break” in the terminology of the forex market implies the action of manipulating the two sides in the trade.

Free demo account

Broker summary

The instaforex website consists of a comprehensive site with a wide variety of features for a forex broker and gives a quite impressive initial visual appearance.

The website has extensive pull down menus for all types of forex participants from beginners to seasoned traders, and it has an area for partners where you can register as a referral partner with the company. They offer four different partnership arrangements such as an introducing broker or a “trade-partner” where you recommend instaforex to your friends and family.

The website gives the overall impression of a foreign, yet professional, forex brokerage that provides many incentives for new traders to join up. One such incentive is the opportunity to win a lotus elise sports car and a cash bonus when opening a new account.

Also, the trading platform offered is apparently “the most dynamically developing trading platform based on metatrader 4 terminal.” in addition, the mobile version for windows mobile and multiterminal are offered by the broker.

Broker introduction

According to the instaforex website, the broker has garnered a number of awards for best broker.

Established in 2007, instaforex is the registered trademark of the instaforex group. The multi-asset, multi-regulated CFD broker is headquartered in mesa geitonia, cyprus and has more than 260 representative offices globally. Instaforex offers around 300 CFD instruments across forex, shares, indices, metals, oil & gas, and cryptocurrencies.

The subsidiaries include instant trading ltd, instant trading EU ltd, instavestor ltd, insta service ltd, and insta global ltd. The regulators include cysec, the british virgin islands financial services commission, and the central bank of russia. The firm provides services to global clients from its offshore-registered firm in saint vincent and the grenadines.

Spreads & leverage

You are able to sign up to the forex broker instaforex with a deposit as small as $1.

Instaforex meets the standards and needs for traders of any kind. As for those who like to afford to take risks, so for conservative traders who prefer not to take risks. For example, a company offers trading using leverage from 1: 1 to 1: 1000.

Also, to meet the different needs of its customers, instaforex gives them the opportunity to choose the type of their account.

Traders can open an account without a commission with classic spreads, accounts with a commission instead of spreads, cent accounts, segregated accounts or islamic accounts. Regardless of the type of your trader, instaforex has favourable conditions for trading.

Cent account

Spreads 3 – 7 pips or 0 pips and 0.03% – 0.07% commission

Standard accounts

Spreads 3 – 7 pips or 0 pips and 0.03% – 0.07% commission

ECN accounts

The minimum deposit is $ 100 (for a standard account) and $ 1,000 (for a professional account)

The average floating spread is 1.2 pips (for a standard account) and 0.8 pips (for a professional account)

Scalping account:

1.2 pips average floating spread

Instaforex boasts multiple resources and has won several awards in client services. Instaforex offers around 300 CFD instruments which includes: forex, shares, indices, metals, gas, cryptocurrencies and oil. As a client of instaforex, you are able to trade in futures and binary options.

Additionally, instaforex offers both metatrader 4 and 5 platforms, and these are available across web, desktop and mobile applications.

Open your account today

Platforms & tools

As mentioned above, as a trader with instaforex, you are able to use both metatrader 4 and 5 platforms, which are available across web, desktop and mobile applications.

In addition to metatrader 4 and 5, you are able to use IFXBIT and instatick. Metatrader and IFXBIT are predominantly used for CFD trading, where as instatick can be used for traders that want to bet on binary options.

The use of metatrader 4 is a user-friendly experience with an easy-to-use interface that is accessible in 39 languages.

MT4 supports all browsers, including: windows, macos, as well as iphone and android devices.

Instatick is the binary options trading platform on instaforex, and claims to have won over 40 international awards. You are able to sign up and deposit funds in three currencies, which are: USD, EUR and RUB. With a clear interface and accessible in ten languages, it’s an easy tool to use.

Trading tools that the company offers for its traders:

Over 100 currency pairs

Over 80 popular US stocks

Gold and silver trading

Futures CFD

Options and binary options

Commissions & fees

Instaforex charges the following fees:

A copy-trading fee – these are for traders that copy the strategies of professionals. This includes a commission of 0.5 pip per lot on ALL copy trades.

A swap fee – this is for holding overnight positions in any of the financial instruments on the instaforex site.

Instaforex charges a commissions of 0.03%-0.07% on the insta eurica and cent eurica accounts, while the other two accounts available with instaforex carry zero commissions.

Like all online brokers, instaforex receives most of its income from spreads, which remain elevated in all comparisons and vary depending on the specific account that the client has.

As already mentioned above, the platform offers two different types of accounts: standard and eurica. The main difference between these accounts is as follows: standard accounts use fixed spreads starting at 2 points, while eurica accounts use fixed commissions starting at 0.02%.

EU customers have other types of accounts, such as ECN, ECN pro and scalping, which are supported by a floating spread of 0.8 or 1.2 pips.

Novice traders are advised to take commissions rather than spreads to ensure efficient trading due to little experience in the financial market.

As mentioned above, commission brokers are relatively elevated. The average spread in the ECN pro account starts at 0.8 pips, while the insta. The standard account comes with fixed spreads ranging from 2.0 to 7.0 pips, the rest of the accounts are listed at 1.2 pips.

Education

Instaforex does NOT have a separate education section on its website, which is most unusual for a broker. However, this does not mean that there’s no resources for traders trading with instaforex.

All you need to do to find educational an analytical resources is look under the ‘for beginners’ and ‘for traders’ sections.

We recommend that beginners can find all of the information required under the ‘for beginners’ section and if you are an experienced trader looking for something more advanced, we recommend you look under the ‘for traders; section.

Beginner traders can get free courses to test their trading strategies. And as soon as a client opens an account and deposits real funds, a possibility is given to subscribe to the newsletter of analytical news and trading signals, which was prepared by experienced traders of the company, who spent a lot of time analysing the market.

The company also offers access to the economic calendar to study market events on their website. Moreover, the client can use the trading simulator and see repetitions of his transactions.

The client can use the latest online trading technologies to access information resources and news. This is why thousands of beginners and professional traders use instaforex.

Free demo account

Customer service

You are able to content instaforex via livechat, email and callback request. Unusually, instaforex does not provide a telephone number for individuals and clients to call, except for those that have registered in europe.

Additionally, you can contact instaforex through viber, telegram, whatsapp, facebook messenger and skype.

Final thoughts

In conclusion, we find instaforex an accessible and easy-to-use broker. Instaforex operates in several countries with numerous licences and has millions of customers using its world-class trading platforms.

There is an abundance of educational resources on the site, and the account opening process is simple and easy to navigate. Individuals registering with instaforex in europe can be sure that the safety of their funds are secure, however, the same cannot be said for international clients.

Unfortunately, the trading costs are very high, and the helpdesk system could be better. Instaforex gives you the opportunity to participate in partnership programmes, as well as contests and campaigns, so this can be seen as a bonus.

In addition, the old line of “if it is too good to be true, it probably is” comes to mind when considering the alluring instaforex “welcome bonus”, in addition to the supposed opportunity to win a pretty sports car.

However, we consider instaforex to be a reliable broker, and one that provides excellent trading conditions.

Instaforex review

Instaforex is a well-established broker since 2007. Instaforex has a headquarter in russian federation. It is are generally well-suited for instaforex to provide their forex/CFD trading services to global clients.

Simple yet detailed information upon this broker can be seen below.

Features

Interest rate on funds

Islamic accounts available

Account information

This broker offers insta.Standard, insta.Eurica, cent.Standard and cent.Eurica. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by instaforex is up to 1:1000. Meanwhile, you can open an account with a starting capital of $1

If you want to look for further information about this broker's offered account(s), please take a look at the list below.

Minimum position 0.01 lot

Overnight interest rates (swaps)

Instruments traded

Besides lots of currency pair, instaforex also offers some instruments you would like to trade on, such as forex, gold & silver, CFD, binary options and cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Cryptocurrencies
1:3

Minimum position 0.01 lot

Overnight interest rates (swaps)

Instruments traded

Cryptocurrencies
1:3

Minimum position 0.0001 lot

Overnight interest rates (swaps)

Instruments traded

Cryptocurrencies
1:3

Minimum position 0.0001 lot

Overnight interest rates (swaps)

Instruments traded

Cryptocurrencies
1:3

Payment methods

Bitcoin : as a payment method, bitcoin is reliable for its low cost and quick process. Brokers have been integrating bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

Neteller : like paypal, neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept neteller as a payment method for their clients' fund deposit and withdrawal. Although the neteller system is available almost all over the world, it remains particularly popular in europe.

Skrill : mostly, all forex brokers provide skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a skrill e-wallet account.

Wire transfer : wire transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Instaforex also provides payment with alipay, credit/debit cards, litecoin, SOFORT, tether (USDT) and unionpay

Trading platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, instaforex offers you metatrader 4 and metatrader 5.

Customer support

Do you have any question or find any trouble related to instaforex? If you do, you should reach instaforex's support to get the information that you need. Here is the detail of the broker's customer support:

Extensive review

Instaforex is an international broker that provides trading services to traders globally. Since it was founded in 2007, instaforex offers clients from various countries as many as 7 million traders. Based in kaliningrad, russia, instaforex always attempts to improve the quality of the company in order to captivate the hearts of their clients.

Their hard work can be proven, one of which is by achieving a variety of awards, including best forex cryptocurrency trading platform 2018 by UK forex awards, best ECN broker asia 2018 by IBM, forex broker of the year for eastern europe 2018 according to le fonti awards, development, and success award at financial olympus 2016-2017, etc.

There are 4 types of account offered by instaforex representing a universal trading tool that help to work on international financial markets, such as insta.Standard, insta.Eurica, cent.Standard, dan cent.Eurica. Trading account types differ by the methods of accounting spreads and commissions, which are picked by the trader opening an account.

Insta.Standard account is relevant for standard trading terms on the forex market and allows a trade to be settled with classical spread and with no fees. Traders will be charged a fixed spread every time they make a transaction. Spreads that are provided ranging from 3-7 pips. The main advantage of this type of accounts is its universality, as a trader can change the trading leverage and work with a deposit size convenient for traders.

Different from insta.Standard accounts, insta.Eurica accounts do not require payment of any spread on opening a deal. Therefore, this type of instaforex account is suitable for beginner trader with a minimum transaction of 0.01 lots.

There are also other types of accounts instaforex, namely cent.Standard and cent.Eurica which can be used for beginner traders because they can use the minimum transaction volume, which is 0.0001 lots (the cost per lot is USD0.1 cent). Deposit currencies that can be used by traders are EUR and USD (for all types of accounts).

Instaforex provides many variants of leverage, which gives traders a big chance to get more profit. Clients are provided with leverage between 1:1 to 1:1,000. With a minimum initial deposit requirement of only USD1 (for all types of accounts), instaforex clients have the opportunity to get a 30% to 100% deposit bonus.

Not only that, but beginner traders are also exempt from confusion in determining forex trading strategies. Because instaforex provides forexcopy services that allow traders to copy orders from professional traders in just a few minutes.

And then, there are around 300 trading instruments offered by instaforex for traders. In addition to currency pairs, there are also futures, shares, gold, silver, cfds, bitcoin, and others.

Every instaforex client is free to choose a trading platform that can be tailored to their needs. There are four types of trading platforms available, including instabinary, webifx, metatrader4, and metatrader5. Each platform has advantages and disadvantages. Instaforex also provides video tutorials on how to register on each platform. It aims to make it easy for beginner traders who want to join instaforex.

If a trader still confused after seeing the video tutorials, traders can contact customer service available 24 hours connected to various social media, including email, skype, whatsapp, telegram, viber, twitter, and phone call. On the instaforex website, there are around 30 languages provided to facilitate traders from various countries.

The trader can also help themselves with trading calculators provided on the instaforex website. Traders can accumulate currency pairs, leverage, volume, and currency used.

The payment system in instaforex is also diverse. Traders can pay deposits via visa, mastercard, skrill, neteller, payco, as well as wire transfer. All in all, instaforex is a rounded broker for many types of traders.

Instaforex review and ratings

Availability

Instaforex group accepts clients from all over the world, excluding USA and some third-world countries.

Distinctive features

Simple registration and verification process.

Copy-trading service (forexcopy) offered for the clients.

Binary option contracts available for trading.

Own pool of PAMM trading accounts.

Trading instruments

Forex broker offers the following underlying assets for FX trading.

110+ currency pairs	based on major and minor world currencies.
5 crypto pairs	based on bitcoin, bitcoin cash, ethereum, litecoin and ripple.
7 indice cash cfds	based on baskets of different blue-chip stocks and US dollar index.
7 indice futures	based on baskets of different blue-chip stocks and US dollar index.
5 metal spot cfds	based on gold, silver, platinum and palladium.
3 metal futures	based on gold, silver and copper.
7 energy futures	based on crude oil (WTI, brent), heating oil, gasoline and natural gas.
14 soft futures	based on wheat, soybeans, soybean oil, soybean meal, corn, orange juice, lumber, cocoa, coffee, cotton, sugar, live cattle, lean hog, feeder cattle.
90+ stock cfds	based on shares of US companies.

Forex broker offers the following underlying assets for binary options trading (visit binary.Instaforex.Com)

20+ currency pairs	based on major and minor world currencies.
1 crypto BO	based on bitcoin.

Comprehensive review

Instaforex is a large and global online brokerage established in 2007. Although the team and top management is mainly russian, the broker is today registered and regulated in several offshore jurisdictions around the world, including the EU jurisdiction of cyprus. It offers very high trading leverage of up to 1:1,000 in the entities regulated outside of europe, which fortunately also accept european traders.

Instaforex maintains a large number of so-called introducing brokers around the world. These are independent companies that receive commissions for all trading activity generated by the clients they introduce to the broker. Currently, instaforex claims it has 260 such offices spread out around the world, providing a steady flow of new clients to the broker.

The broker offers a special “forexcopy system” where inexperienced traders can choose to automatically copy the trades made by more experienced traders with good track records. The traders to follow can be chosen based on 20 searchable criteria, and the copy-trading set-up can be cancelled at any time.

Another unique benefit with instaforex is the large video library available on its website as part of its “instaforex TV” initiative. Here, traders can watch interviews with leading trading experts from around the world, technical analysis gurus, and others to get inspired and learn more about profiting from forex and other financial markets.

The trading instruments offered by instaforex include all the usual things, plus a few extras. The selection of forex pairs is particularly good with this broker, with more than 110 currency pairs available to choose from, which is far more than most other brokers. In addition, the broker offers cfds based on the stocks of more than 90 american companies, 5 cryptocurrency pairs, as well as commodities and stock indices cfds.

In contrast to many other brokers these days, instaforex also offers binary options based on a variety of underlying assets for traders who prefer that method of trading.

In order to trade binary options, however, clients will need to use the instabinary platform. This is a web-based trading platform that runs directly in the user’s web browser window, which means there is no need to download any software. The platform is developed by instaforex to meet the needs of binary options traders in particular, and comes with nice and clean charts for easy trading.

Another trading platform developed by instaforex is webifx. This platform also runs directly in the trader’s browser, and can be used to trade both forex and cfds on a range of assets. The platform is well-designed, with a minimalistic and simple look, and with charts from the popular charting service tradingview.

In addition to these trading platforms, the metatrader 4 (MT4) platform is also available for traders who prefer to stick with this classic trading platform which has stood the test of time in the retail trading community.

Instaforex offers four different account types for clients to choose from based on their individual needs:
– insta.Standard account, with wide spreads and no commissions
– insta.Eurica account, with no spreads and commissions from 0.03%-0.07%
– cent.Standard account, designed for new traders and with wide spreads
– cent.Eurica account, for new traders with tight spreads and commission-based trading

Lastly, customer service is available 24 hours a day, with local phone numbers for nine countries, as well as through popular apps like telegram, whatsapp, skype, and others channels.

Instaforex

Company instaforex

Founded in 2007

Online since 2008

Offices in

Alipay

Bitcoin

Credit/debit cards

Litecoin

Neteller

Skrill

SOFORT

Tether (USDT)

Unionpay

Wire transfer

Arabic

Azerbaijani

Bulgarian

Chinese

Czech

Dutch

English

Georgian

German

Indonesian

Italian

Japanese

Latvian/lettish

Lithuanian

Malay

Polish

Portuguese

Russian

Slovak

Spanish

Turkish

Ukrainian

Urdu

Vietnamese

Account types:

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $1

Minimum position size 0.01 lot

Spread type fixed

Spread on EUR/USD, pips 3

Scalping forbidden

Expert advisors allowed

Trading instruments

Forex 1:1000

Gold & silver 1:100

CFD 1:10

Binary options

Cryptocurrencies 1:3

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $1

Minimum position size 0.01 lot

Spread type fixed

Spread on EUR/USD, pips 0

Commission (one-way) per 1 std. Lot $30

Scalping forbidden

Expert advisors allowed

Trading instruments

Forex 1:1000

Gold & silver 1:100

CFD 1:10

Binary options

Cryptocurrencies 1:3

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $1

Minimum position size 0.0001 lot

Spread type fixed

Spread on EUR/USD, pips 3

Scalping forbidden

Expert advisors allowed

Trading instruments

Forex 1:1000

Gold & silver 1:100

CFD 1:10

Binary options

Cryptocurrencies 1:3

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $1

Minimum position size 0.0001 lot

Spread type fixed

Spread on EUR/USD, pips 0

Commission (one-way) per 1 std. Lot $30

Scalping forbidden

Expert advisors allowed

Trading instruments

Forex 1:1000

Gold & silver 1:100

CFD 1:10

Binary options

Cryptocurrencies 1:3

Reviews

202 reviews of instaforex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

Good broker, but with high spreads, mt4 available, fast withdrawal

I often have trips out of town or overseas and I find it really convenient that instaforex has a quality mobile platform. Not all brokers could provide this but instaforex made sure that I their clients will have the same trading experience when we use the mobile platform. This is only one of the many great things about this broker and I am so proud to say that I am with them.

I've prefered instatrader mobile platform and their fixed spread in the market. As I am a full-time scalper and fixed spread is so profitable for me. Here I can trade instantly from anywhere on the platform and I can also analyze my trade using this mobile platform. Although I've traded with their 1:1000 leverage too, as my orders didn't stop out. I also get the free signal from their specialist which makes a profitable deal for me. I've earned $350 gradually and withdrawal money through neteller within 24 hours. Totally instaforex broker is perfect for me.

I started trading with insta since last winter. It’s not so big time to evaluate a broker. However, so far so good, I run three expert advisor of the same account using VPS and may orders are making profit continually. I did 12 withdrawals until now, every time I received within 5 hours. There were not any delay for this period. Overall, very positive feedback for instaforex.

Last two years I have traded with instaforex, really their MT4 platform has nice execution and that has many professional services like islamic account, forex copy, PAMM system, instawallet. On their platform I can customize with any EA too, also their mobile traders' platform is easy for busy traders. Till now I have invested more than $2K and I am able to manage my account double, I have so many transactions via skrill account, which response within 4 hours. Actually, I seem that instaforex always tries to give me a solid service in the competitive market with high tech and market analysis.

The website of instaforex is the most informative page I have ever visited. I won't dwell too much on the technical such as the platform, spreads, execution, and transactions because they are all great and a lot of other traders have already commended them on that. I just want to give emphasis on the less noticed but also crucial part of this company: their website. Here is where we get all the information we need and they really provide almost everything. Also, I'd like to stress on the fact that despite the complete information, the website doesn't seem too packed.

I hope instaforex is a scam broker. They was don't give me my money. I was withdraw 57 USD and i was make profit 86 usd. But they don't give my profit. I was able to withdraw only 52 usd.

Instaforex is a piece of shit russian broker.

All positive review were fake coming from their IB or instaforex it's self.

Don't be fool by them. Do your research.

These bastard ain't worth shit. Stay away.

I have a mini account with instaforex for five years. In the MT4 platform always I got fast order execution, which less than a second. So a perfect position brings profit for me. Besides I have found profitable trading tools and best service with them, such as PAMM and forexcopy system, which is the best system in the market to earn money. They have given me 30% deposit bonus when I invest my fund. While I have many withdrawals via skrill payment system. So I say instaforex are the professional broker.

I started to trade with instaforex after testing their demo account. I joined with a startup bonus of 1500$ and made my 10% profit within the first 2 weeks. I enjoy the trading conditions and the stable platform MT4. I use time frame M15 which suites me best. My trading involves currency pairs EUR/USD, USD/CAD and gold, with an average profit of 400$ a month. I never had hidden commissions or problems with withdraw money. The broker is reliable.

Hello to you over there. It's bolarinwa jacob taiwo from nigeria.I had a very big problem on my neck and i need your help that is the reason why am writing you this message to help me out. I withdrew this morning but they asked me to provide my phone password before they can pay me but i was told that my phone password was not correct. Pls,i need your help at this junction.I love during business with instaforex that is am crazy about it. Kindly help out with my phone password.Thanks.

This is the sickest sh*t broker i ever tryed out ! ' deleting stop losses ' stopp losses don't hold it goes trough and back. When u go to toilette or to sleep they delete your SL's. Sometimes you have loss trades u don't even know ' from what'. Money goes from self like magic and so on'. Don't let you enter hack's don't let you exit trades often u must click 30 times or restart the mt4 to go out a position. Pfuj ' gods curse on them.

The antifraud department already replied you about your concern.

My name is ruel yas alcober today june 20 2017 my account block by instaforex without any reason first i made witdraw amount 0f 133$ after a weeks i recieve my witdraw in ny skril.Then i start trading again.Friday june 17 2017 i made 214$ in witdraw it again to my skrill in then sunday i check my account if i recieve my withdraw in still not there.I woke up monday morning in i still dont recieve my withdraw.I contact support in they tell me dont worry you will recieve your withdraw today..Then tuesday when i check my skrill still dont have it..In when i try to log in to my account i cant log in it say wrong password i contact live support then win they check my account they said my account was block by anti fraud department.In they said i will contact antifaruad deoartmebt in send scan id in ny phone password in account number.I send all my available ducuments id with my photo.In now untill now i dont recieve any email fir anti fraud to explain to me why they block my account.I know all they rules in i kkow in my self that i clear in i dont vialoted any rules.They said they will review my acvoubt within 10 days.So if ever within 10 days i dont recieve my withdraw i will update.Im sad right now dont have energy.I dont know any reason why they did it..Sad instaforex

I think instaforex is the best. They have fast processing on my withdrawal request and they are very transparent. The news they have provided on their website is very helpful on me. They are my number one broker and they are deserving for the a lot of awards.

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Forex brokers with micro and cent accounts 2021

Forex brokers with micro and cent accounts allow their clients trade for real but without putting significant funds at risk. Advantages of companies allowing trading on cent and micro accounts are evident for the forex newcomers who have just began their trading career. Such clients need access to the minimal transaction volume, which makes them have the real feeling of the market, as distinct from trading on a demo account. Brokers and dealing desks offering cent and micro accounts make their clients feel more confident when opening real deals as thus they do not put their funds at risk. Forex brokers featuring cent and micro accounts are no longer rare on the currency market; however, not too many companies are ready to set the minimum deposit size at $1. Our list will help you choose a forex broker to start trading with at an easy rate.

Read our extended forex guide to find out how to choose the best forex broker 2021.

Start forex trading now! Open forex account with the best forex brokers 2021.

Convert popular currencies

Forex forecasts

Cryptocurrencies trading forecasts

The cryptocurrency market experienced an increased wave of selling pressure and within the last hour bitcoin (BTC) price dropped below the $30,000.

Bitcoin (BTC) slid under $33,000 for the first time in over a week on jan. 21 as selling pressure gathered to drive price action lower. Data from cointelegraph.

The price of bitcoin (BTC) dropped sharply from $37,800 to $35,000 overnight, liquidating $572 million worth of cryptocurrency futures positions. There are three.

Take a researched, confident step into the markets, by getting to know all there is about trading cfds. Discover more about excentral's five asset classes by going over our free and easy ebooks and following our video tutorials. Go deeper into the trading pool, by improving your technical and fundamental analysis skills with our trading strategy tutorials. And for trading's sake, make sure to book your place for excentral's next webinar, for a shot to get to know michalis better. Or schedule your 1-on-1 with him instead.

The price of ether (ETH), the native cryptocurrency of the ethereum blockchain network, has been soaring since the beginning.

Bitcoin's price seems to have settled down somewhat following its major rally, and subsequent fall and correction. This has seen the coin now sitting.

Over the past two months the open interest on bitcoin options has held reasonably steady even as the figure increased by 118% to reach $8.4 billion.

Automated trading systems are an opportunity to create passive earnings in the financial markets for all users. Successful and proven strategies are integrated into the algorithm of advisers, which will make it possible to earn on the pricing of assets without delving into the subtleties of technical analysis. We present the top 10 forex advisors including equilibrium, excalibur, night owl.

Top 10 forex advisors 2021

A variety of web terminals and specialized software makes a choice of a trading platform a difficult one for a novice trader. What should be this vital decision based on? To begin with, it is necessary to highlight the main criteria that high-quality software must meet for making money on financial markets.

Instaforex - cent.Standard account

About the cent.Standard account of cfds, commodities, cryptocurrency, forex, indices, precious metals, stocks/shares (metatrader 4, metatrader 5/DD) offered by instaforex.

Type and conditions

Please rate this trading account

*3 stars are standard line.

General trading conditions

By opening an cent.Standard account with instaforex, you can trade cfds, commodities, cryptocurrency, forex, indices, precious metals, stocks/shares through metatrader 4, metatrader 5 trading platform.

Mainly instaforex cent.Standard account offers DD execution model, the maximum leverage is 1:1,000, spread is fixed from 3 pips.

Available base currencies

The account bsse currency is only available in EUR, USD.

Negative balance protection

Instaforex adopts NBP(negative balance protection), this means that you will not lose more than you deposit in your forex & cfds investment.

Margin call & stop out

In the cent.Standard account, margin call is 30% and stop out is set to 10%, so all your positions will be automatically closed when the margin level reaches down to 10%.

Allow trading strategies

Instaforex allows eas (expert adviser, automated trading), hedging, news time trading trading and does not allow scalping trading in a platform of cent.Standard account.

Before opening accounts with instaforex, find out more information and their promotions.

Click here to find out more company details.

Instaforex trading accounts comparison

Here are the details of all forex trading accounts of instaforex.

The international broker with huge community all over the world, offering superior trading conditions.

Comments

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Hercules.Finance

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Who is hercules.Finance?

Hercules.Finance is a financial education website powered by a team of financial specialists and IT experts, mainly introduce solutions of forex, CFD and commodity investment, and a number of payment services. With more than 30 partnered companies all over the world, hercules.Finance offers trusted and timely information for investors and users of the services. By referring to hercules.Finance, you can find all latest news/information, financial technical/fundamental analysis, main/exclusive bonus promotions of partnered companies and a number of educational materials of finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.Finance.

Risk warning

Foreign exchange and contracts for difference ("cfds") are complex financial products that are traded on margin. Trading forex & cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, forex & cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of forex & cfds is not a reliable indicator of future results. All information on hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.

Instaforex

Company instaforex

Founded in 2007

Online since 2008

Offices in

Alipay

Bitcoin

Credit/debit cards

Litecoin

Neteller

Skrill

SOFORT

Tether (USDT)

Unionpay

Wire transfer

Arabic

Azerbaijani

Bulgarian

Chinese

Czech

Dutch

English

Georgian

German

Indonesian

Italian

Japanese

Latvian/lettish

Lithuanian

Malay

Polish

Portuguese

Russian

Slovak

Spanish

Turkish

Ukrainian

Urdu

Vietnamese

Account types:

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $1

Minimum position size 0.01 lot

Spread type fixed

Spread on EUR/USD, pips 3

Scalping forbidden

Expert advisors allowed

Trading instruments

Forex 1:1000

Gold & silver 1:100

CFD 1:10

Binary options

Cryptocurrencies 1:3

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $1

Minimum position size 0.01 lot

Spread type fixed

Spread on EUR/USD, pips 0

Commission (one-way) per 1 std. Lot $30

Scalping forbidden

Expert advisors allowed

Trading instruments

Forex 1:1000

Gold & silver 1:100

CFD 1:10

Binary options

Cryptocurrencies 1:3

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $1

Minimum position size 0.0001 lot

Spread type fixed

Spread on EUR/USD, pips 3

Scalping forbidden

Expert advisors allowed

Trading instruments

Forex 1:1000

Gold & silver 1:100

CFD 1:10

Binary options

Cryptocurrencies 1:3

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $1

Minimum position size 0.0001 lot

Spread type fixed

Spread on EUR/USD, pips 0

Commission (one-way) per 1 std. Lot $30

Scalping forbidden

Expert advisors allowed

Trading instruments

Forex 1:1000

Gold & silver 1:100

CFD 1:10

Binary options

Cryptocurrencies 1:3

Reviews

202 reviews of instaforex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

Good broker, but with high spreads, mt4 available, fast withdrawal

I hope instaforex is a scam broker. They was don't give me my money. I was withdraw 57 USD and i was make profit 86 usd. But they don't give my profit. I was able to withdraw only 52 usd.

Instaforex is a piece of shit russian broker.

All positive review were fake coming from their IB or instaforex it's self.

Don't be fool by them. Do your research.

These bastard ain't worth shit. Stay away.

The antifraud department already replied you about your concern.

Submit your review

To submit your own forex broker review for instaforex fill the form below. Your review will be checked by a moderator and published on this page.

Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing.

Instaforex review

Table of contents

Broker information

Broker services

Platform info

Pros	cons
multiple trading platforms	delayed order execution
CFD and binary options	IFXBIT platform failed to load
multi-asset, multi-regulated	high fixed spread
more than 260 representative offices

Traders’ viewpoint

Instaforex is an ECN broker operating out of cyprus. The broker offers traders the choice of CFD and binary options on 300+ products comprising FX, commodities, cryptocurrencies, indices, shares and futures.

The product mix, however, mostly covers FX with over 100 pairs, while the other assets make up the rest of the offering. The USP of the brokerage is the four trading platforms: MT4, MT5 and two proprietary trading terminals – one for binary options and the other for CFD trading.

The broker’s licences pan several countries, though the key regulator is the european-based cyprus securities and exchange commission (cysec).

As long as you are a resident in any of the EEA countries, your deposits are safe, you come under negative balance protection, and your personal information is secure due to the stringent regulatory framework.

When it comes to trade execution, you can place orders online or via live chat. The platforms support all trade execution modes, and according to instaforex, the execution venue is interactive brokers.

The CFD broker’s website is very informative and has all the information you need to know about instaforex. You can also monitor real-time data and live charts directly on the website, courtesy of tradingview. The software supports seven types of charts in nine time frames with 80+ technical indicators and almost an equal number of drawing tools.

Instaforex is right at the top when it comes to trading conditions. However, client trading costs are high due to the massive spread.

Although the broker makes up for this to a certain extent by not charging commissions, the costs are still high. If you are a professional trader, you have a choice between high trading costs, the zero spread account type, the security of deposits and competitive brokerages.

About instaforex

In terms of trading, the instaforex broker offers about 300 CFD instruments across forex, shares, indices, metals, oil & gas, and cryptocurrencies.

Clients are able to execute trades in futures and binary options. Clients can access the broker’s offerings from the cutting-edge metatrader 4 & 5 platforms, available as web, desktop and mobile applications.

If you are a crypto enthusiast, instaforex offers the IFXBIT platform to trade cryptocurrencies, while binary options enthusiasts can access the exclusive instatick trader.

You can sign up for an instaforex account with a minimum initial deposit of $1. The trading conditions include all types of order execution modes, zero to high spreads, high leverage, maximum trade size, position lock margins, margin calls and stop out levels.

When it comes to market analysis, the broker provides several resources, which we have highlighted in this instaforex review under the education section.

Instaforex has won several awards for client services. These include best broker in asia, western europe and CIS countries, with the most recent accolade being the most active broker in asia 2020 by atoz markets.

The firm supports prominent athletes and sports teams from around the world, and offers bonuses, contests, prizes and raffles running into the millions of dollars every year. With 24/7 support, multiple deposit/withdrawal methods, and a global client base of more than seven million, instaforex is a prime broker in the CFD space.

Who does instaforex appeal to?

Instaforex appeals to all classes of traders – beginners, experienced and professionals. That’s because the ECN broker has something on offer for everyone.

The multiple trading platforms support manual, automated and copy trading features across CFD and binary options. Also, the broker’s trading conditions are top class, with multiple order execution modes, hundreds of analytical tools, and several educational and training resources.

Clients can also register for bonuses, actively participate in the contests and promotions, and win prizes worth millions of dollars every year.

Money managers, on the other hand, have a broad choice of affiliate programmes, can choose between PAMM and MAM accounts, and can participate in the promo offerings of the CFD broker.

Account types

Instaforex offers traders the choice of four account types: cent eurica, cent standard, insta eurica and insta standard. Traders can also opt for the instant account or the swap-free sharia account. In this instaforex review, we will look at the features, similarities and differences between the account types.

Standard features of the trading accounts include being able to deposit funds in either USD or EUR, a $1 minimum deposit, and a maximum trade size of 100 lots. When it comes to trading conditions, clients can place instant orders with maximum leverage of 1000:1. The margin calls are at 30% and the stop out levels are at 10%. Active clients can earn interest of 5% per annum on deposits and inactive clients can earn interest of 2% per annum.

There are a few differences in the account types. The insta accounts do not have a maximum limit on deposits, while the deposit cap on the cent accounts is at $1,000.

The eurica accounts have zero fixed spread, while the commission on the other two accounts is at 0.03%-0.07% of the volume. There is no commission on the standard accounts, while the spread can range from 3 to 7 pips.

The following illustration highlights all the features of the four account types:

Markets and territories

Instaforex has over seven million clients from more than 260 countries. The CFD broker provides 24/7 client support in more than 30 languages, and the website is also accessible in 22 tongues. Instaforex is an active participant in various international expos and financial conferences and has taken part in more than 50 such events so far.

To ensure speedy, uninterrupted trading and distribution of client orders, instaforex has nine servers spread across various countries. It maintains its servers in intermediary data centres. When it comes to coverage, instaforex’s presence can be felt in almost all the regions except the US and a couple of other countries.

Instaforex instruments and spreads

Instaforex offers more than 300 tradable instruments across asset classes and market segments. In this instaforex broker review, we have emphasised all the product offerings and their features.

The product mix includes CFD trading in FX, precious metals, energy, cryptocurrencies, stocks and indices.

Besides providing access to the spot markets, instaforex gives traders the choice of trading futures and binary options.

Futures contracts are available in precious metals, crude oil, natural gas and agro commodities. The binary options offering includes intra-day and expiry contracts in FX, precious metals and share cfds.

The following table highlights all the tradable instruments at instaforex:

Tradable instruments	description	number of products
forex	110
precious metals	gold – 100,500 ounces, silver	03
energy	07
cryptocurrencies	05
shares	89
indices	07
commodities futures	26
binary options	21 FX pairs, 49 cryptos, gold, silver	72

The fixed spreads offered by instaforex are a component of the account type. The broker charges a spread of 3 to 7 pips on the insta standard and the cent standard accounts.

In comparison, individuals registering for the other two account types – insta eurica and cent eurica – do not have a bid-ask difference. Scalpers and algo traders may find the spreads a little high for their liking, despite the broker not charging a commission. One way to avoid the high spread is to choose either the zero spread insta or the cent eurika accounts.

Instaforex fees and commissions

This instaforex CFD review covers all information related to the fees and commissions charged by the broker. The CFD broker charges the following fees:

Swap fee – for holding overnight positions in any of the financial instruments. These differ across products.

Copy-trading fee – these fees are for traders following and copying the strategies of professionals. It includes a commission of 0.01 per lot on profitable trades and 0.5 pip per lot on all copy trades.

The commission is a component of the account type. The broker charges a commission of 0.03%-0.07% on the insta eurica and cent eurica accounts, while the other two account types carry zero commission.

Instaforex platform review

The instaforex broker offers clients the choice of four trading platforms: metatrader 4 & 5, and the broker’s proprietary IFXBIT and the instatick platforms. While metatrader and IFXBIT are for CFD trading, instatick is only for traders betting on binary options.

In this instaforex review, we analysed the demo applications of the client trading MT4 and instatick terminals, and have detailed the key features of the platforms and the purpose they serve.

The instaforex metatrader 4 platform is a user-friendly interface available in 39 languages and is accessible on all computers and mobile devices.

The trading terminals include the web, desktop, mobile applications. MT4 supports all browsers – windows, linux, macos, and the handheld android and iphone devices. All the platforms come with reliable data protection and free access to the MQL5 community.

Here are some of the other key features of the instaforex MT4 platforms:

Access real-time streaming data with product-wise spread.

Three chart types in nine time frames.

The technical analysis tools include 30 indicators and 24 graphical objects.

All the platforms support multiple order types, including one-click trading.

View open positions, account history and trading exposure.

The desktop terminal also features market depth, automated trading, quick access to download trading signals, and the option to carry out copy trading.

The other features of the downloadable app include placing trading alerts.

Monitor live news from fxwirepro and other sources.

Illustration of the instaforex MT4 desktop terminal:

Instatick is the instaforex binary options trading platform. It has won over 40 international awards. You can sign up and deposit funds in three currencies: USD, EUR and RUB.

The platform comes with a clean user interface, is accessible in 10 languages, and supports cfds in FX, precious metals and shares. You can execute both intra-day or carry positions until expiry with a minimum deposit of $1.

Here are some of the primary features of the platform:

Access to 21 FX pairs, two precious metals, and 49 share cfds.

Supports all browsers and is available only as a web-based terminal.

Comes with six-digit quotes and is customised for tick trades.

Start trading intra-day binary options in five-minute to three-hour time frames.

Access to live chat support or callback request.

Mobile trading

The instaforex MT4 mobile trading application is accessible on android smartphones, iphones and ipads and has most of the features of the computer-based terminals.

The best part of the instaforex broker’s MT4 offering is that all the platforms, even on the demo account, are in sync. It doesn’t matter if you are trading on your PC or mobile, you can still monitor positions, view pending orders, trade history and account balance. You can download the app from google play or the apple app store.

As part of our extensive evaluation, we reviewed the instaforex MT4 mobile app from a demo account, and have highlighted the key features, along with screenshots and a short video of the app.

The key features of the instatrader mobile app include:

Multiple order execution options.

Three types of charts in nine time frames with 30 technical indicators and 24 analytical objects.

Real-time streaming data.

Live monitoring of positions, trading history and account balance on the go.

Alerts and push notifications.

Access to live news from fxwirepro and other sources.

Live chat to communicate with other traders from the metatrader community.

Instaforex does not provide traders with the opportunity to carry out social trading. However, clients can copy the trades of professionals and successful traders from the broker’s trading community.

The instaforex broker allows copy trading in FX binary options, and the feature is accessible on metatrader 4. Forex copy trading on the instaforex platform is beneficial to both copy traders and followers. Copy traders registering with the broker profit either in the form of daily commissions, profit share, commissions per trade, or commissions based on the volume of copied trades irrespective of profits/losses.

Followers, on the other hand, can benefit from copying the strategies of profitable traders. To ensure adequate risk management, beginners can follow several traders or strategies, adjust the copying ratio, or set copy trading parameters based on volumes.

There are several subscription options for followers, which include daily charges, commission per deal, or on only profitable trades.

Crypto

Instaforex cryptocurrencies trading is accessible from metatrader 4 and instatrader’s proprietary IFXBIT platform. However, the CFD broker offers a limited choice of only five digital currencies, comprising bitcoin, bitcoin cash, ethereum, litecoin and ripple.

Instaforex charges a commission of 0.1% on crypto trading. The spread varies from 50 to 12,000, and virtual currencies such as litecoin and ripple have a minimum lot size of 100 and 10,000 respectively.

Charting and tools

Metaquotes and tradingview are associated with the instaforex broker as its technology partner. While the former provides cutting-edge trading platforms with lots of analytical tools and automated and copy trading features, the latter is the official provider of real-time quotes for instaforex.

Tradingview is an active social network for traders and investors in the financial markets. In this instaforex CFD broker review, we have distinguished the analytical tools based on the trading platform:

Three chart types in nine time frames

Analyse charts using the 60 technical indicators and 46 graphical objects

Market depth

Financial market news

Automated trading

Option to download indicators, trading signals and expert advisors

Access to the metaquotes programming language

Three chart types in 21 time frames

Analyse charts using the 30 technical indicators and 24 graphical objects

Open up to 100 charts at a time

Supports advanced market depth comprising tick chart and time & sales

Access all the order types, including one-click trading

Financial market news

Automated trading

Option to download indicators, trading signals and expert advisors

Access to the metaquotes programming language

User-friendly platform, accessible as a browser-based, tablet and smartphone application

Supports CFD trading in cryptocurrencies, FX, shares, indices and futures

Customisable interface

A tick chart dashboard

Charts accessible in nine time frames

30+ technical analysis tools

Live market news

Education

Unlike most of the other CFD brokers, instaforex does not have a separate education section on its website. However, you can find lots of educational, training and analytical resources for traders/investors under the ‘for beginners’ and the ‘for traders’ sections.

Beginners can also get all the information they need while choosing a product or service. However, if you are looking for something more specific or advanced, you will be able to find them in the analytics section.

Illustrated below are the various educational and analytical resources offered by instaforex:

Trader protection by territory

As mentioned earlier, instaforex is a multi-regulated CFD broker headquartered in mesa geitonia, cyprus. Our in-depth instaforex broker review covers all the regulators monitoring the european broker and the scope of client protection:

In europe, instant trading EU ltd comes under the directives of cysec.

The other licences/registrations of the instaforex subsidiaries are:

Instant trading ltd (BVI) is a licensed BVI FSC firm, under licence number SIBA/L/14/1082.

Instavector ltd (russia) is licensed by the russian central bank, under licence number 039-11737-100000.

Insta service ltd and insta global ltd. Have registrations in FSC saint vincent. The registration numbers are IBC22945 and IBC24321, respectively.

The cyprus investment firm (CIF) comes under the mifid directives, which allows it to offer its services to the other countries within the EEA and outside the EU. The cysec regulations also bring the instaforex broker under the membership of the investor compensation fund (ICF).

Retail investors in europe receive protection and compensation of up to €20,000 if the broker fails to settle claims or goes into administration. European residents signing up with the broker are also eligible for negative balance protection, stringent client privacy, and data security framework of the regulator.

How to open an account

If you are an international client and wish to register with instaforex, you have the choice of four account types: insta standard, insta eurica, cent standard and cent eurica. The account opening process is quick and straightforward.

However, before you start the process, you are required to fill out some basic information and submit. Once you have done this, use the login credentials and go to the client area, where you can complete the rest of the account opening procedure. Submit your ID and proof of residence documents, download the trading platform of your choice, deposit funds, and start trading.

Customer support

The instaforex broker provides several client support options to get in touch with the helpdesk. These include live chat, callback request, email and the support area where you can find answers to frequently asked questions.

We found it intriguing that instaforex has not provided telephone numbers for individuals or clients to get in touch, except for those registering in europe.

Besides these support channels, you can also reach out to the broker via several other approaches such as viber, whatsapp, skype and facebook messenger.

Illustrated below is the contact information to get in touch with instaforex:

As part of this instaforex broker review, we also got in touch with the live chat team several times to gauge the response time and the quality of support offered. Based on our interactions, we found the response time to be

so, let's see, what we have: cent accounts are perfect for beginners, but what are the best brokers offering it? Find out thanks to our top 5! Click here now at instaforex cent account brokers