This is my review on Instaforex forex broker. Many people has been asking in forums and also asked me personally about them and whether they should join Instaforex. If you are unsure about them, you could read my review and comments from visitors of this site below.
If you would like to know more about them, please visit Instaforex Official Website.
Real Reviews from Real Traders
For my case, insta forex is a very good broker. i have become they client since 2008. from what i know they are not scammer. how can a scammer build forex office around the world. i think you should read more about insta forex. here’s the wiki link so you can read a little bit more :http://en.wikipedia.org/wiki/InstaForex
or maybe you can be they client for a day or two, and see it for your self. if a company make mistake and they dont fix it, maybe they are a scammer. but insta forex listen to clients, and believe me they fix all the time. including update they website.
I trade with them from some time now and all I can say is that they are a good broker. Their services and client support are excellent so definitely not a scam. They are very friendly with new traders and they have many contest for them so that is a big advantage for new traders or those who want to participate. Good broker.
Have an account with this company and am very pleased as they have started to really turn things around with the service problems in the past. Wish they offered Visa or MasterCard debit card on account and deposits to the account using credit cards and PayPal. The 1 to 1000 leverage is the best in the industry, and 13.0% interest on account balance is the best in the industry. Commissions are a a bit high, but with the interest this is not negative thing, as few brokers even come close to paying this much. And if you do not trade at all you get 6.0% interest. This is a fun company with contests constantly going on. Great for MT4 traders. The company says they are best Forex broker in Asia. I agree with them whole heartedly.
Sebastian, United States
Instaforex Fast Facts
Instaforex is one of the most popular forex brokers in Malaysia. It was formed in 2007 by Instatrade Corporation. On August 2010, Instaforex was named the “Best Forex Broker – Asia” by a reputable British magazine on business and finance , World Finance Magazine.
In autumn 2011 international European CEO Awards named InstaForex the “Best retail broker of the year”.
In November 2011 Abu Dhabi hosted the 9th Middle East Forex & Investment Summit 2011 exhibition. Following the exhibition InstaForex Company was awarded The Best Retail Broker.
Instaforex is an ECN broker and is regulated by the Russian Federal Service for Financial Markets (FSFM) through its mother company, Instatrade Investment.
Instaforex is one of the few forex broker that provides leverage up to 1:1000.
Is Instaforex forex broker a scam?
Instaforex is not a SCAM. Perhaps you have read some negative reviews about Instaforex on the Internet and on forums. A lot of these reviews are fake (though some a genuine). In cases where the complaints against them are true, Instaforex representatives are on standby to attend to genuine cases and try to resolve it as soon as possible.
In the forex world, it is very important to build a solid reputation. Instaforex has managed to do that by employing a competent team of PR specialist who roam around blogs and forums to answer questions and issues from clients.
Why Instaforex Is an Outstanding Forex Broker?
A few features sets Instaforex apart above the rest.
1. Deposit size
Instaforex has one of the lowest deposit size in the Forex industry. With a mere 1 USD initial deposit, anybody can start to trade. Most of their clients began as new traders with a $10 deposit, and have developed into professional traders with thousands of dollars.
Instaforex gives the clients flexibility on their trades. If you plan to trade with them, you can choose any leverage from 1:1 up to 1:1000 depending on the risk management strategy you use when trading. If you are a conservative trader who prefers to abide to long-term strategy and profit, then a 1:100 leverage is for you. If you are more adventurous and a risk taker, then a 1:1000 is more suitable for you.
3. No spread forex broker
This was virtual unheard of a few years ago. Spreads are a fact of life in Forex but at Instaforex, you can trade without a spread.
4. Provides Swap Free Accounts
This is also known as Islamic Accounts. They are intended for traders who use trading systems that do not take into account the impact of swaps or those customers who can not use swaps owing to their religious beliefs.
Should you deposit your money with Instaforex?
If you are unsure of Instaforex, you can start by using their free demo account to get a feel of how to trade with Instaforex. However, nothing beats trading live with real money. If you are a bit more experienced already, you can start with a minimum deposit of USD 10 and top up from there.
It’s pretty awesome what Instaforex has achieved in Malaysia. If you are reading this now, I’m very sure it is not by coincidence that you stumbled upon this blog. You must have been looking for a review about Instaforex and my site was just at the right place for you to read about them.
I’ve been observing Instaforex for several years now. They are genuine. They have massive followers in Malaysia due to the unparallelled quality of service and support they give to clients here. Just check out what has been said about them in the local forums and you will know what I mean.
I highly recommend that you check them out at their official website.
To your success,