Is InstaForex Legit?
Before you invest your money in InstaForex, you need to know whether it is a legitimate broker. A scam broker will claim to be regulated but display fake regulatory licenses and addresses, which is why you should verify information from several sources. It would be best if you also exercised constant vigilance while sending money online. If you have lost money with InstaForex, you are not the first person to experience this. Take this as a learning experience and seek to avoid making the same mistakes.
InstaForex is a regulated broker.
InstaForex uses the MetaTrader software, a market-leading trading platform. This software is available on desktop and mobile devices, enabling users to view nine different time frames and utilize various technical analysis tools. It also regularly helps traders stay informed on financial news and the economic calendar.
This regulated broker also pays out profit to traders promptly. Payments are typically processed within one to three business days. InstaForex has a client support team available via email, instant messaging, and social media. Clients can also access customer support through QQ, Telegram, and WhatsApp. The company has over seven million clients and has won various awards.
InstaForex is a leading forex broker, offering trading products and services for various markets. Its customers can work with precious metals, cryptocurrency, and stock market assets. Its services are top-quality, and it has worked with leading software developers to ensure high customer service and security. The company has been in the business for over 12 years and has received numerous client accolades.
It offers a 100 percent bonus on your first investment
When you open a trading account, you can take advantage of the InstaForex 100 percent bonus on your first investment. This bonus is applicable for deposits of up to $2000. It cannot be withdrawn, but you can use it to trade and earn profits.
The InstaForex 100% Deposit Bonus is available to new and existing clients. It doubles your initial investment and allows you to make even more money in Forex trading. The best part is that you are not limited to a certain amount of money to use the bonus. If you lose, you are only required to forfeit your bonus.
The InstaForex support team provides 24-hour customer support and can communicate in Arabic, English, Indonesian, and Malay. If you want to practice before you invest, you can sign up for a demo account and try out trading with a minimum deposit of $10.
It charges 2% for withdrawals.
While it is common to see Forex brokers charging 2% or more for withdrawals, this is not the case for all sites. The fees vary according to jurisdiction and payment method. InstaForex EU does not charge any fees for deposits. For withdrawals, the company requires that you deposit at least five euros. You can also use Skrill or Neteller to make a withdrawal. If you use a credit card, the fee is one euro.
InstaForex is regulated in several jurisdictions and is a member of the Investor Compensation Fund, which was created in 2002 under the Investment Firms Act. This means that the company is fully compliant with EU financial regulations. Traders will be pleased to learn that their accounts are protected by this fund and are not at risk of losing their money.
Some incentives and bonuses can be claimed with an InstaForex account. You can learn more about these bonuses on the InstaForex website. Most bonuses have conditions that must be met before you can withdraw your money. For example, you can get a bonus of up to $2000 on your first deposit. This bonus will not be available for withdrawal, however.
It offers a free demo account.
To help you learn about the forex market, InstaForex offers a free demo account that you can open in a few minutes. This account allows you to trade over 300 financial forex instruments without making risky deposits. It also allows you to practice trading in multiple languages.
Once you have gained some profits on the demo account, InstaForex will allow you to make your first deposit. This is possible using more than 20 payment methods, depending on your country. Besides, you can get various bonus offers when you deposit money into your trading account. The bonuses vary depending on the size and reception circumstances. Finally, if you are satisfied with your trading experience, you can withdraw your profits.
InstaForex’s free demo account lets you explore their MT4 system before you invest money. It gives you a feel for actual trading and can be used to decide whether you want to open an account. Just fill out the form and choose which type of demo account you want to open. Then, you’ll receive the information you need to access the demo account.