Buzz
Established since 2007, InstaForex is one of the leading online forex trading platforms today, trusted and chosen by over 2 million customers worldwide.
Moreover, the trading platform has received numerous major awards in the industry, supporting over 100 different currency pairs in the international forex market along with a range of flexible trading options. This allows investors in Australia and worldwide to trade with over 300 different trading assets.
With access to over 100 currency pairs, InstaForex traders can set leverage at any level from 1:1 to 1:1000 and can utilize a range of trading tools as well as market analysis.
Additionally, InstaForex provides customers with commission-free accounts. To learn more about which assets InstaForex allows trading, refer to the article below by Mytour.
What assets does InstaForex allow trading?
InstaForex allows customers to trade a variety of different trading assets, including:
- Foreign Exchange (Forex)
Customers can engage in trading 107 different currency pairs, including major currency pairs such as EUR/USD and USD/GBP, etc. The spread starts as low as 0 pips, depending on the type of account the trader has opened.
- Contract for Difference (CFD)
InstaForex offers the opportunity to trade CFDs on 88 different US stocks. Traders can also trade CFDs on a variety of futures contracts and indices, including metals, energy, agricultural products, Dow Jones, FTSE 100, Hang Seng, etc.
- Gold and Silver:
The trading platform also allows customers to trade and leverage the price fluctuations of gold and silver.
Why Choose to Trade with InstaForex?
Below are some reasons explaining why you should choose to trade with InstaForex:
- Trading Platform:
InstaForex clients can choose to use either the MetaTrader 4 or MetaTrader 5 trading platforms. The advantages of these platforms include ultra-fast order execution, support for a wide range of trading tools, and the ability to trade on both computers and mobile devices. Additionally, the WebTrader platform is also available, allowing traders to execute trades directly in the web browser.
- Bonuses:
InstaForex regularly offers bonuses. Upon opening an account for the first time, traders will receive a bonus of 30% of their initial deposit.
- Available Markets:
InstaForex provides access to over 100 different currency pairs in the international forex market and CFDs on US stocks as well as global indices and a variety of other trading assets.
- 24/7 Customer Support:
InstaForex offers 24/7 customer support via live chat and phone calls. Additionally, the website contains a wealth of instructional materials to help traders learn about forex and CFD trading.
- Forex Market Analysis:
Traders can access and read a variety of market analysis reports and financial market news, evaluate the development of forex trading platforms, and market charts to execute trades more effectively as well as monitor the performance of major stock exchanges.
InstaForex Trading Accounts
InstaForex supports 4 main types of trading accounts including:
- Insta.Standard Account: The Standard account incurs no fees, suitable for all traders regardless of experience level.
- Insta.Eurica Account: This type of account is designed specifically for new traders getting familiar with spreads starting from 0 pip on most trades.
- Cent.Standard and Cent.Eurica Accounts: These two types of accounts are tailored for new forex traders. These account types allow traders to test their trading strategies with minimal risk.
Below is a comparison table of Cent.Standard and Cent.Eurica accounts:
Customer Support and Resources on InstaForex
According to InstaForex reviews, the platform provides customer support via phone 24/7 in select countries worldwide, excluding Australia. Traders can also inquire about their accounts via email, Skype, Twitter, and various instant messaging options, or seek answers on the InstaForex website.
- Read more: InstaForex Review
In addition to the FAQ section, the trading platform also offers dedicated support, where traders can access assistance on a range of forex trading questions. There are videos, guides, and even training for new traders to familiarize themselves with how the forex market operates and how to maximize their accounts.
Transaction Fees with InstaForex
Customers can open a trading account with InstaForex for free, but they will incur commission fees or spreads when placing trades. The fee level depends on the different types of accounts.
Standard and Cent.Standard accounts incur spread fees ranging from 3 to 7 pips.
Insta.Eurica and Cent.Eurica accounts charge fees of 0.03 - 0.07% of the trading amount.
Above are some crucial details about the forex trading platform InstaForex. We hope that after reading this article, readers will have more insights into what assets InstaForex allows trading. Additionally, you can explore some withdrawal tips for IC Markets accounts if you are using their services.
Plus500 and Changelly are also gaining significant attention. You can check out the reviews of Plus500 and Changelly to get the most detailed information about these platforms, helping you invest effectively.
- Read more: Plus500 Review
- Read more: Changelly Review
