A Basic Traders Guide to Forex Trading With InstaForex

InstaForex are one of the most well known Forex brokers in Asia with their base being located in Russia. Established in 2007, InstaForex now has over 2 million traders registered with them worldwide and over 1000 new sign ups every single day. This broker has won many awards including Best Broker in Asia, so investors can be sure that their assets are in safe hands. Their trading platforms are safe and secure.

Which Account Types are Offered by InstaForex?

instaforex brokerInstaForex offer a range of different account types to ensure suitability for trading for all levels of experience. Those who are beginner would do well to start out with an Insta.Eurica account which has no spread and allows newcomers to get to grips with the basics of trading before embarking on a more complex account type.

The Cent.Standard and Cent.Eurica trading accounts are also accessible to newcomers as they only require a minimal trade volume. This limits risk while enabling traders to experiment with different strategies.

The Insta.Standard account can be used by all kinds of traders from novices to the most experienced, and within that account type, there are three different accounts which allow universality of trading for all kinds of investors. The Micro Forex allows a deposit of as little as $1 while the Mini Forex requires only $100 and the Standard Forex needs only $1000 to set up. This enables traders to deposit an amount that meets their needs.

Anyone who wishes to experiment with the trading platform before committing their money can open a demo account to practice before registering for a full account.

Which Trading Platforms are Available?

InstaForex’s main trading platform is the famous Meta Trader 4 which offers a host of benefits to investors. Fully customisable, it is extremely user friendly and can be used easily by both novices and those with more experience in the markets. With its host of helpful analytical tools it facilitates monitoring of the financial instruments and can be used both on PCs and on mobile devices making it an excellent choice for traders on the move.

The WebTrader platform is also available to InstaForex’s traders and allows three different modifications depending on the trading approach of the investor. Those who wish to buy and sell options can also download IFX Option Trade which makes trading simple and convenient.

Other Useful Information About InstaForex

InstaForex offer traders the option of branching out into other tradable assets as well as simply foreign currency exchange. Investors with InstaForex can try their hand at trading stocks, indices and commodities in order to maximise their profits.

Withdrawal and deposit of funds is simple with InstaForex, although traders must use the same method for both placing and withdrawing money. As well as the more traditional methods of credit and debit card and bank transfer, online methods are also available including Skrill, MoneyBookers and Neteller. Trading with Bitcoins is also possible and they can be deposited without incurring any fee.

InstaForex are well known for their excellent bonuses and incentive schemes, with many different types of deal on offer to encourage new sign ups as well as to reward loyal existing traders. From Welcome bonuses to Volume bonuses, investors who choose InstaForex can maximise their profits by taking advantage of one of these offers.

The InstaForex website also offers some education resources to help traders to hone their skills and strategies. Their training courses and videos are very useful, while their trading simulator is also a popular tool.

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What is the InstaForex Customer Service Experience Like?

InstaForex take pride in offering excellent customer support to both the Asian and European markets. The multi-lingual team speak English as well as other popular languages and can be contacted via numerous methods including telephone helplines, Skype, email, and live chat. The customer support centre can be accessed 24 hours a day and they helpfully provide different telephone contact numbers for different departments to enable traders to easily access the correct help that they require without having to pass through lots of different representatives first.

Why Should I Choose InstaForex for Forex Trading?

Traders choosing InstaForex can expect to benefit from a number of advantages:
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