Sunday, August 5, 2012
Instaforex Broker review
InstaForex is an impressive online Foreign exchange broker. From the moment you access the InstaForex website, you see exactly what I mean. Before even getting in to the spread-free (ECN) & ultra flexible Foreign exchange trading offered by the InstaForex broker, you will be impressed with the informative & modern-looking design on InstaForex.com.
So far so good, fast withdrawal, many option to fund and withdraw, good support easy to open account. Great bonus program etc no important disadvantage. Just suggestion if they could lower the spread it would be perfect. Overall I will give 5 stars.
While some might think it is a little overloaded with knowledge, the organization of the site makes it simple to follow. The site is available in a whopping twenty languages already giving you an indication of the kind of broker you are dealing with.
Additionally, the InstaForex broker is active on the promotions side, & while that ought to not be a determining factor in selecting a broker, it is always fun to see nice sports cars & other prizes on the home page of broker'swebsite.
The InstaForex Company is in the business of providing a comprehensive range of services for funds trading on the international financial Foreign exchange market. The company is actually a member firm of the InstaForex Companies Group. That group is described as uniting investment & financial consulting companies all over the world.
While InstaForex calls themselves the leading broker of Asia, traders from all over the globe are welcome to trade with the InstaForex broker & will be impressed with the trading features offered by this broker.
Now, at this point I will say that as a professional reviewer, I could not help notice that the English on the site is filled with errors & clearly not written by native English speakers. This is not a deal breaker obviously, but in my view, InstaForex ought to invest in a professional writer as well as speaker for their on site videos.
The answer is actually summarized well on the site itself & the list of unique InstaForex features is truly impressive. For starters, InstaForex supports 107 funds tools & 34 CFD contracts making it of the most flexible brokers I have ever encountered.
While the site clearly targets Asia, it is much available to traders wherever they might be. So, now to the large query, why would someone pick the InstaForex broker over the hundreds of other online Foreign exchange brokers?
InstaForex also hosts a informative training section on the site for beginner traders to learnt they market. All the steps needed to trade with InstaForex are also explained by video, which is a lovely & useful addition to the site.
In terms of deposit, InstaForex offers traders the ability to open an account with as small as $10 & a leverage of unprecedented proportions. I have never seen a broker that supports a one:!000 leverage, but InstaForex does, although, that ought to be used with the utmost caution. Moving along, InstaForex has 24/7 support including a responsible live chat service.
InstaForex also offers traders to practice their skills with a free demo account, which is something recommended by all Foreign exchange specialists. In addition, InstaForex offers up to the minute news & analysis on their site so traders do not must look elsewhere before opening a trade. As for the trading itself, InstaForex entered in to an agreement with the leading trading application developer MetaQuotes Application Company soon after the new company was registered.
Hence its trading platform is based on that company popular MetaTrader four product. InstaForex offers types of accounts: the Insta.Standard accounts & the Insta.Eurica trading accounts, which are more suitable for beginner traders.
The InstaForex broker also implemented a used trading account type called Pamm (Percentage Allocation Management Module). This will permit traders to interact with each other & transfer money to be traded be someone else.
All this with the security of the InstaForex brand. Contracts are in place with major western contractors, who provide access to the funds market. The company's informational services are based on agreements initiated with major media companies specializing in financial markets in the U.S., such as Dow Jones News.
InstaForex claims to service over 140, 000 individuals & corporate customers as clients. From my review of InstaForex, they are well on their way to becoming a leading online Foreign exchange broker. It is no surprise therefore, that the InstaForex broker was named the Best Broker in Asia by the British edition of Word Finance.
The InstaForex team of specialists is comprised of a group of professionals in financial consulting, legal support, as well as operations. InstaForex continually seeks to attract top specialists from various fields who are connected to online-trading service providers. In addition to everything they have already mentioned, InstaForex is on top of the latest Web two.0 trends with social profiles on Twitter as well as corporate blogs, making their team of professionals more available to the average trader & giving them an edge as a Foreign exchange broker.