The Official Instaforex Broker Review
One of the things that many people don’t realize when they first get into the world of trading is that having the right broker is essential to success. Now of course, a broker can’t make you trade properly, but with that being said, a good broker shouldn’t charge you huge fees and moreover a broker should also allow you to trade with mostly all assets that exist. Well, this is exactly what we are here to talk about today, a very popular broker known as Instaforex.
Now we are aware of the fact that there are of course many scam brokers out there. In other words, there are plenty of brokers that aren’t registered or licensed and therefore aren’t legally allowed to operate. In layman’s terms, there are plenty of criminal brokers out there who want nothing more than to steal your money. Well today we want to take a look at instant Forex in terms of its legitimacy. As a little hint, we do know for a fact that this is a legit broker, but just in case we will provide you proof of such below.
Moreover, we’re not here just to look at whether or not this broker is legitimate, but also what its features are and how it can benefit you and your Forex trading game. Today we are here doing an instaforex review to find out exactly what features and benefits it has for its members. Remember, Instaforex is at this time one of the most popular brokers out there, and there are many good reasons as to why it is so darn popular. Let’s take a closer look.
What Exactly is Instaforex?
OK, so as we have established by now, instaforex is of course primarily a Forex broker. Now, with that being said, although the primary purpose of this broker is Forex trading, you can also trade many other asset types with it, something that we will discuss further below in the sections regarding what you can actually trade with this broker.
Now what we do need to say is that Instaforex is just a broker, not actually a trading platform, or in other words, you do need to actually place your trades on a legitimate trading platform and you do need to have that trading platform synced up with this broker. The official recommendation here is that you use the meta trader four trading platform in conjunction with Instaforex.
One of the pieces of evidence that we want to provide you with here today in terms of proving the legitimacy of this instaforex broker are all of the different awards that it has received in the past years. Now, awards alone usually aren’t enough to prove the legitimacy of a broker like this, but with that being said, we did our research and due diligence here, and we know for a fact that every single last one of the awards that has been awarded to this broker are actually legit.
These are real awards, not just fake awards that other scam brokers list in their credentials. Just some of the awards that this broker has gotten in the past years include Best Forex Copy Trading Platform 2017, Best ECN Broker 2017, Most Active Broker in Asia 2020, Best Affiliate Program 2020, Best Forex Broker Eastern Europe 2019, Best Forex Broker Central and Eastern Europe 2020, and more. In terms of its legitimacy, this is definitely a very good sign.
Instaforex Registration & Licensing
Of course, the number one piece of evidence that we want to provide you with here today, which proves without a shadow of a doubt about this instant Forex broker, is indeed the real deal is that it is actually registered and licensed, as a good Forex broker should be.
Instaforex is licensed by BVI FSC, with the license number SIBA/L/14/1082. Moreover, Insta Service LTD is registered with reg number IBC22945 with FSC Saint Vincent. Keep in mind that these are of course real credentials, so you don’t have to take our word for it because you can go look up these things for yourself. The bottom line here is that this broker is legitimate, not a scam.
Official Business Partnerships
In terms of its legitimacy, the other thing that we want to discuss about instaforex is the fact that it does actually have many different legitimate and official business partners. One thing worth noting here is that this broker actually has its own rally car race team in the Dakar Rally race.
Moreover, this particular broker, or at least the company behind it, also has its own racing team known as Dragon Racing. The professional Muay Thai Champion, Vladimir Moravchik, is also closely associated with this broker. Once again, these are real associations and partnerships that you can go look up for yourself. Yet another piece of evidence that proves just how legitimate this broker is.
Trading with Instaforex – Important Facts & Features
OK, so now that we have done our best to prove that instaforex as a broker is legitimate, licensed and registered. We do now want to provide you with some basic information about trading with it. What can instaforex as a broker do for you?
- One really cool thing to note about this particular broker is that it allows you to trade with over 107 different currency instruments. In other words, you can trade more or less any forex currency pair out there using this broker.
- Instaforex also allows you to trade cryptocurrencies such as Bitcoin. This broker also allows you to trade CFD’s on both futures and U.S. stocks. This particular broker even allows you to trade contracts on both gold and silver, and it even allows for digital options trading as well.
- What is also important to note here is that there are two main account types that you can open. One of these account types is the trader’s account that is designed for people who want to engage in lots of manual trading. The other account type that you can open is more of a passive income or investment account where you invest your money into other profitable traders, which means that you can make up to 1000% profit per year without actually having to trade.
- The other thing that we want to mention here is the fact that the instant Forex broker also features a demo account that you can use for free. This is an account that allows you to trade under real market conditions, but does not use real money. Therefore you can use this demo account to test out the broker itself as well as your trading abilities before you start risking real money.
The Instaforex Broker – The Verdict
At the end of the day, if you need a legitimate and safe broker that is primarily designed for Forex but also allows you to trade on virtually every other market out there, then you definitely want to check out Instaforex.