Table of Contents
Summary
Instaforex.eu appears to be a reliable and competitive broker for traders looking for ECN services, especially those interested in a wide range of trading instruments and platforms like MT4 and MT5. The broker's regulation by the Cyprus Securities and Exchange Commission (CySEC) and inclusion in the Investor Compensation Fund suggest a secure trading environment. The flexible account types, leverage options, and comprehensive support for various deposit and withdrawal methods cater to both novice and experienced traders. However, the limited educational resources available in Polish could be a drawback for Polish-speaking beginners. Overall, Instaforex.eu is positioned as an appealing option for traders who value a blend of robust regulation, diverse trading options, and accessibility, provided they can navigate or compensate for the educational material limitations.
Instaforex.eu – opinions and review of the broker
instant Trading EU Ltd is a Cyprus-based investment firm that provides investment services under the Instaforex.eu website and is regulated by the Cyprus Securities and Exchange Commission with license number 266/15. Instaforex.eu operates in the ECN model (i.e. it acts as an intermediary in transactions rather than directly participating in them).
Company | Instant Trading EU Ltd |
Country | Cyprus |
Year of creation | 2010 |
Broker Type | ECN |
Minimum Deposit | 200 EUR |
Deposits/Withdrawals | bank transfers, credit cards, online payments (Skrill, Neteller) |
Minimum Position | 0.01 lots |
Leverage | up to 1:30 retail client up to 1:100 experienced client up to 1:500 professional client |
Account currencies | PLN, EUR, USD, GBP, CZK |
Negative Balance Protection | YES |
Platform | MT4, MT5, Webtrader, and Mobile Trader |
Regulation/Licensing | CySEC (license number 266/15), KNF, CNB, NBS |
Support | Polish – 24/5 |
Instruments | over 2500 |
Disclaimer: CFDs (Contracts for Difference) are complex instruments that involve a high level of leverage risk to trade. 72.88% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.
Offer
InstaForex.eu provides clients access to instruments from the forex, cryptocurrency and capital markets. In addition to dozens of currency pairs, the broker offers CFDs on the most popular companies, indices, commodities, ETFs and precious metals. InstaForex.eu traders may try to make money on global currencies and the exchange rate differences of companies such as the Walt Disney Company, Facebook, Inc., Apple Inc. or Johnson & Johnson.
Brokerage Account
The broker allows traders to choose from three account types – ECN, ECN PRO, and ECN VIP– on the MT4 and MT5 platforms. In the case of the MT4 platform – the minimum deposit for the ECN account is 200 EUR (or equivalent in other currencies), for the ECN PRO, it is 2,000 EUR, and for the ECN VIP, it is 10,000 EUR. For the MT5 platform, it is 1,000, 10,000, and 50,000 EUR.
Shared Platforms
To satisfy both novice and experienced traders, Instaforex.eu gives you access to the Meta Trader 4 and Meta Trader 5 trading platforms. The tools are intuitive to use and extremely functional.
MT4 allows you to perform detailed technical analysis based on numerous indicators and charts. It also allows you to copy other users’ trades and trade with just one click. The platform supports devices on various operating systems, including Windows and MAC. Investors can also use it from their smartphone or tablet. MT4 gives you access to more than 260 instruments.
The MT5 platform offers many more opportunities, including the ability to invest in over 2,500 instruments and an account held in Polish zloty. In addition, we can open an account in currencies such as EUR, USD, GBP, or CZK.
InstaForex.eu For traders who want to operate several trading accounts simultaneously, he suggests downloading a tool called MultiTerminal, which makes account management much easier.
Education and support of advisors
With beginner traders in mind, Instaforex.eu has created a virtual course from which you can learn how the currency market works and how to use the trading platform it provides. The tutorials also cover issues related to conducting analysis (both technical and fundamental). Unfortunately, many of the educational materials on the broker’s website have not been translated into Polish.
It is important to note that Instaforex.eu, as one of the few foreign brokers, has its representative office in Poland. The customer service office in Bydgoszcz is open from 9:00 a.m. to 5:00 p.m. Advisors can be contacted by phone, email or WhatsApp.
Additional services
With its clients in mind, Instaforex.eu maintains an economic calendar that includes the dates of financial events that may affect the prices of instruments.
How do I create an account on Instaforex.eu?
You are creating an account on InstaForex. eu is easy, and most importantly, it is done electronically. To open an account, all you need to do is go to the broker’s website, fill in the application form available, and confirm your data. For verification purposes, you need to send a scan of a document proving your identity and place of residence. If all the details are entered correctly, the broker will activate the account within 72 hours.
Beginner traders can open a demo account to learn how the foreign exchange market works. InstaForex.eu demo is also a great solution for those who would like to test trading strategies without the risk of losing their capital.
Instaforex.eu Reviews
In Poland, Instaforex. eu is not as recognizable as X-Trade Brokers or TMS, so many investors approach its offer with great caution. The opinions of people who have decided to open an account with the broker are quite good.
Disadvantages
Beginner traders may need help to learn how the market works well with an account on Instaforex.eu, as the broker provides a few educational materials in Polish.
Advantages
InstaForex.eu has an interesting offer, which is why traders from Poland are becoming increasingly convinced of it.
What entices investors to open an account?
- Access to the economic calendar
- The ability to make deposits and withdrawals in a variety of ways, including through online payments Przelewy24, Neteller, and Skrill
- Customer service in the country
- Member of ICF (Investor Compensation Fund), which guarantees the security of funds
Conclusion:
Instaforex.eu appears to be a reliable and competitive broker for traders looking for ECN services, especially those interested in a wide range of trading instruments and platforms like MT4 and MT5. The broker’s regulation by the Cyprus Securities and Exchange Commission (CySEC) and inclusion in the Investor Compensation Fund suggest a secure trading environment. The flexible account types, leverage options, and comprehensive support for various deposit and withdrawal methods cater to both novice and experienced traders. However, the limited educational resources available in Polish could be a drawback for Polish-speaking beginners. Overall, Instaforex.eu is positioned as an appealing option for traders who value a blend of robust regulation, diverse trading options, and accessibility, provided they can navigate or compensate for the educational material limitations.
FAQ
1. What is Instaforex.eu?
Instaforex.eu is a Cyprus-based investment firm operating under the ECN model, providing investment services in forex, cryptocurrencies, and CFDs on various assets. It is regulated by the Cyprus Securities and Exchange Commission (CySEC).
2. When was Instaforex.eu established?
Instaforex.eu was established in the year 2010.
3. What type of broker is Instaforex.eu?
Instaforex.eu operates as an ECN broker, acting as an intermediary in transactions rather than directly participating in them.
4. What is the minimum deposit required to open an account with Instaforex.eu?
The minimum deposit required to open an account is 200 EUR.
5. What platforms does Instaforex.eu offer for trading?
Instaforex.eu offers trading on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, along with Webtrader and Mobile Trader options.
6. What leverage does Instaforex.eu offer?
Instaforex.eu offers leverage up to 1:30 for retail clients, up to 1:100 for experienced clients, and up to 1:500 for professional clients.
7. Are there any protection measures for negative balances?
Yes, Instaforex.eu provides negative balance protection for its clients.
8. What kind of customer support does Instaforex.eu offer?
Instaforex.eu offers customer support in Polish 24/5, including a customer service office in Bydgoszcz, Poland. Support can be reached via phone, email, or WhatsApp.
9. Can I open a demo account with Instaforex.eu?
Yes, beginner traders are encouraged to open a demo account to learn how the foreign exchange market works without the risk of losing real money.
10. What are some advantages of trading with Instaforex.eu?
Some advantages include access to a wide range of trading instruments, various deposit and withdrawal methods, customer service within the country, and the security of funds provided by membership in the Investor Compensation Fund.
11. What are some disadvantages of trading with Instaforex.eu?
A noted disadvantage is the limited availability of educational materials in Polish, which may affect beginner traders’ learning experience.
12. How does one open an account with Instaforex.eu?
To open an account, visit the Instaforex.eu website, fill in the application form, confirm your data, and submit a scan of a document proving your identity and place of residence. The account is typically activated within 72 hours.
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Author: Jessica Owens
Jessica is a certified forex trading expert and passionate educator with 15 years of trading and teaching experience. She holds certifications from the Chartered Institute for Securities & Investment (CISI) and has conducted numerous workshops and online courses on forex trading.
Jessica’s mission is to demystify forex trading for beginners and help seasoned traders refine their strategies. Her comprehensive approach to trading education has helped thousands of traders achieve their financial goals.
Risk Warning for Forex Trading
Trading Forex and leveraged financial instruments involves a high level of risk and may not be suitable for all investors. Before trading Forex or any other financial instrument, you should carefully consider your investment objectives, experience level, and risk appetite. You may lose some or all of your initial investment, so you should not invest money you cannot afford to lose. You should be aware of all the risks associated with Forex trading and seek advice from an independent financial advisor if you have any doubts. Market conditions can fluctuate significantly, leading to potential substantial gains or losses. The past performance of Forex trading is not indicative of future results.
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The Review
Instaforex.eu
Istaforex.eu is positioned as an appealing option for traders who value a blend of robust regulation, diverse trading options, and accessibility, provided they can navigate or compensate for the educational material limitations.
PROS
- Regulated by CySEC:
- Offers access to over 2500 instruments, including forex,
- Multiple Trading Platforms
- Flexible Account Types and Leverage Options
- Diverse Deposit and Withdrawal Methods
- Negative Balance Protection
- Educational Resources and Support
CONS
- Limited Educational Materials in some alanguages
- less Recognition and Brand Awareness
- Complexity for Beginners:
Review Breakdown
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Trading experience
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Trading tools
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Trading Conditions
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Customer support
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Fees and commissions
Instaforex.eu DEALS
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