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Overview

InstaForex was eatsblished by a group of companies InstaForex Group in 2007. In a very short time the broker has taken the leading position by providing quality services to its customers, confirmed by numerous awards. "The Best Broker in Russia-2009", "The Best Forex Broker in Asia-2009", "The Best Broker in Asia-2010", "The Best Retail Broker" (The award of the European CEO), "The Best Retail Forex Broker", "The Best Broker in Asia-2011", "The Best Broker in Asia 2012", "The Best Broker of the CIS-2012" are the main awards of InstaForex.

At the moment the broker InstaForex is #1 in Asia and it occupies one of the leading places among the largest brokers of the world.

Anyone can pass online learning of Forex trading on the site of the broker, as well as take part in numerous competitions that allow customers to obtain fairly big Forex bonuses.

Bonuses

InstaForex broker holds a lot of contests, allowing traders to win not only good cash prizes, but also very expensive gifts.

The contest Race FX-1 is held weekly and it is mainly suitable for beginners, who would like to increase their working capital. After registering for the contest, the participants receive a special demo-account, comprising $40,000. During the week, it is necessary to participate actively in trading and earn money. Winners are announced at the end of the contest, i.e. those traders who are able to earn the highest sum of money.

Distribution of prizes:

-the 1st place - 500 USD

- the 2nd place - 400 USD

- the 3rd place - 300 USD

- the 4th place - 200 USD

- the 5th place - 100 USD.

These funds are transferred to the trading accounts of the winners of the competition, but they are not available for withdrawal, but they are available for trading and the entire obtained profit can be withdrawn from the trading account at any time.

The contest One Million Option is held on special demo accounts and all the traders, who have trading accounts on InstaForex, can become participants.

Rules of the contest:

- all participants receive 1000 points

- it is allowed to enter no more than one option per day for the following currency pair: EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, GBP/JPY, EUR/JPY, GBP/CHF, EUR/GBP, as well as Gold and Silver

- for each won option 10 points are accrued

- for each lost option 10 points are deducted.

At the end of the week results are summarized and traders with the highest score receive cash prizes.

Distribution of prizes:

- the 1st place - 500 USD

- the 2nd place - 400 USD

- the 3rd place - 300 USD

- the 4th place - 200 USD

- the 5th place - 100 USD.

The contest Happy Deposit is a lottery, where traders, who fund accounts in an amount not less than $3,000 for trading on the foreign exchange market, can participate. Each week the draw occurs, one trading account wins and its owner receives a $1,000 prize. The competition takes place during the whole year and its total prize pool comprises more than $500,000.

The contest Miss Insta Asia 2013 is a beauty contest among female traders. Six winners will share the prize pool of $40,000. Winners are determined by the public online voting among customers of InstaForex.

The contest The Great Race is a competition on demo accounts of InstaForex traders. It is enough just to sign up for it and start trading on a demo account with a startup capital of $100,000. The contest takes place in four stages, where the winners are identified by earning the greatest sum of money. They receive cash prizes and go to the final, where large sums of money are also drawn. Eleven prize places are provided for four stages. The winner gets $3,000 and goes to the final race, and the trader, who gets the eleventh place, is awarded by $100 and a trip to the final. The final has fourteen prize places, where for the first place $6,000 is paid, for the second place $3,500 is paid, for the third place $2,300 is paid and so on reducing. The customer, who gets the fourteenth place, receives a cash prize of $100.

The contest Lucky Trade is held on demo accounts and it is open to all Forex traders of InstaForex.

Rules of the contest:

- duration is two weeks

- the startup capital is 30000 dollars

- commercial operations are conducted on major currency pairs and pairs of cross rates

- customers may use any trading strategies and Forex trading

advisors.

The winners are determined based on the rating that is calculated by the number of transactions with positive and negative results.

Distribution of prizes:

- the 1st place - 1000 USD

- the 2nd place - 750 USD

- the 3rd place - 500 USD

- the 4th place - 250 USD

- the 5th place - 200 USD

- the 6th place - 150 USD

- the 7th place - 100 USD

- the 8th place - 50 USD.

The contest Devices from InstaForex is held among Forex traders, who fund your trading accounts in an amount not less than $500. Contestants have the right to participate in the three draws of prizes, which are held every two weeks with the help of a lottery. Lottery winners receive gifts from the broker: iPhone, iPad and Samsung Galaxy Tab. Since the contests are held during the whole year, traders can participate in it several times, the only condition is the crediting the account at $500 and more.

The contest Best Trading, Luxury Driving is organized for traders, who fund their trading accounts in the amount of $1,500 and more. The draw of the main prize Porsche Cayenne is held once a year. The winner is determined by using a random algorithm, which uses the Porsche-numbers.

The contest InstaForex Sniper is held on demo accounts among all traders of InstaForex.

Rules of the contest:

- duration is one week

- the startup capital is 10000 dollars

- customers may use any trading advisors and trading strategies

- at least 5% of the profits should be obtained on currency pairs GBPUSD and GBPJPY.

The winners are Forex traders, who receive the highest profit from trading during the week.

Distribution of prizes:

- the 1st place - 500 USD

- the 2nd place - 400 USD

- the 3rd place - 300 USD

- the 4th place - 200 USD

- the 5th place - 100 USD.

The contest Evora Lotus is Your Trading Forex Bonus is held among traders, who credit the account for the sum of $1,000 and more. The winner is determined with the help of a random algorithm that uses the Lotus-number and the winner gets from the famous broker a new sports car Lotus Evora as a gift.

The contest The Real Scalping of InstaForex is held on demo accounts and it is open to all customers of the broker InstaForex.

Rules of the contest:

- duration is one month

- the startup capital is 20000 dollars

- customers may use any trading advisors and trading strategies

- commercial operations are possible only on the major currency pairs and pairs of cross rates

- the maximum quantity of open transaction is 5

- Stop Out - 10%.

Forex traders, who receive the highest profit for the month, will be awarded by cash prizes.

Distribution of prizes:

- the 1st place - 2000 USD

- the 2nd place - 1500 USD

- the 3rd place - 1000 USD

- the 4th place - 500 USD

- the 5th place - 400 USD

- the 6th place - 300 USD

- the 7th place - 200 USD

- the 8th place - 100 USD.

Training

Broker InstaForex strongly supports new Forex traders, publishing learning materials on its site and uploading the video material. In addition, all new users, who decide to try their luck at trading on the foreign exchange market, after making a deposit in the amount of $100 have access to the "training course for beginners". They learn from course what the Forex market is, what technical analysis is, what fundamental analysis is, how to use Forex indicators and how to set up Forex trading advisors. If necessary, customers can sign up for webinars, where highly qualified teachers will help to study the foreign exchange market and trading on it.

Terms of trading

The broker InstaForex offers the following conditions of trading for Forex traders:

- the foreign currency account (the base currency)

- no minimum deposit

- 30% Forex bonus for account funding

- the leverage is from 1:1 to 1:1000

- 107 currency pairs, gold, silver, securities, CFD on futures)

- spread from 1 point (operation without spread is allowed, but they are with commission)

- 13% per annum interest on free funds

MetaTrader 4

- multi-language support

- Instant Execution order

- MetaQuotes Language 4 (operations with Forex trading advisors)

- quotes export via DDE

- charts printing.

Forex indicators (recommended)

- Zero Cross Alert

- Big Bars FromH

- Divergence Trader Ron

Forex expert advisors (recommended)

- RelativeR2 (a trading advisor, which is able to operate in automatic mode using Forex indicator Stochastic Oscillator)

- Golden proffit AUTO (an automatic trading advisor, which operates using Martingale method after a competent setup).

Investments

InstaForex broker enables customers to invest money in the PAMM-accounts, with which successful Forex traders work. The profit of the trader is discussed individually, but on average it is 15-20%.

Unique features

InstaForex has its own TV, which covers all the important news about the foreign exchange and stock markets, as well as forecasts on major currency pairs are made experienced traders.

Many Forex advisors with descriptions and recommendations for use are available on the site of the broker, which allows making trading on the foreign exchange market more profitable.

Add/withdraw funds

InstaForex offers the following methods of deposit and withdrawal of funds: VISA, MasterCard, Webmoney, Yandex.Money, QIWI, Moneybookers, moneta.ru, RBKMoney, Ukash, IntellectMoney and bank transfers.

Contacts

Broker InstaForex provides the comprehensive support to its customers via online chat, e-mail address [email protected], Skype instaforex.support and by phone 8-800-200-07-91.

Cons and pros

+ worldwide reputable broker

+ no minimum deposit

+ small spread

+ big range of leverage

+ a lot of learning materials

+ online training

+ many promotions and contests.

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