Serving clients since 2010 and being an EU regulated broker, InstaForex.eu has gained an established position in the trading industry. InstaForex.eu, using ECN technology, provides access to a wide variety of assets, including stocks, commodities, indices, cryptocurrencies, ETFs, currencies, US synthetic stocks and baskets of stocks in the form of CFDs. The total number of trading instruments available is over 2500.
The InstaForex.eu website is operated by the Cypriot investment company Instant Trading EU Ltd. Regarding the regulations, in addition to having the license No. 266/15 issued by CySEC, the broker is also supervised by the Czech National Bank (CNB), the National Bank of Slovakia (SNB) and the Polish Financial Supervision Authority (KNF). Therefore, InstaForex has branches in the Czech Republic, Slovakia and Poland, where it provides services in local languages. The company is a member of the Investor Compensation Fund (I.C.F), which additionally protects customer funds. Besides, the broker provides protection against negative balance.
InstaForex accounts
It is worth noting that InstaForex.eu offers 3 types of accounts for MT4 and 3 types of accounts for MT5. The wide selection of account types is a clear advantage as each trader can choose the conditions that suit him best.
ECN accounts
By using the electronic communications network, InstaForex.eu offers ECN accounts that are available for both MT4 and MT5. There are three levels of these accounts: ECN, ECN Pro and ECN VIP. Basically, they differ in terms of deposit requirements and the amount of commission charged. So professionals who are experienced in trading large volumes will likely find PRO and VIP accounts more convenient. All ECN accounts offer market execution and raw floating spreads. It’s worth noting that MT4 accounts offer around 260 trading instruments and lower margin requirements, while MT5 accounts offer over 2,500 instruments.
VIP accounts
VIP accounts are created to meet the needs of the most demanding customers. InstaForex.eu cares about its VIP clients by offering unique trading conditions:
- personal account manager
- no fees for deposits / withdrawals
- free VPS server
- low trading costs, strict spreads and very low commissions
Deposits / withdrawals
For convenience, InstaForex.eu accounts are available in five currencies: EUR, USD, PLN, CZK and GBP.
To deposit or withdraw money, customers can use the following payment methods:
- Visa / Mastercard
- Bank transfer
- Neteller
- Skrill (Moneybookers)
- Sofort
- Rapid
- Payoma
- some countries support the additional payment methods that have been used
described in the Policy on costs and fees.
Deposits are usually processed instantly, within minutes, although the processing time is agreed to be up to 3 business days. Withdrawals are usually processed within a few hours, although the processing time is agreed to be up to 24 hours. Importantly, if your deposit is 10,000 EUR or more, InstaForex will also cover the deposit and withdrawal fees. You can make up to 3 withdrawals per month at no extra cost.
Assets available
InstaForex.eu has quite a lot to offer its clients, including over 3,500 trading instruments (on MT5 accounts).
We offer all popular assets:
- stocks,
- commodities,
- currencies,
- cryptocurrencies,
- energy,
- US synthetic stocks.
You can trade the latter for free. Moreover, when trading with some popular cryptocurrencies (BTC, ETH and Ripple), no spread is charged. A basket of stocks is also available which can improve the investment process by allowing clients to gain exposure to a range of stocks selected by the brokerage firm’s specialists.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.34% of retail investor accounts lose money when trading CFDs with this CFD provider. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
I have quite positive impressions from trading. With the withdrawal of funds no problems, and the level of profit is quite good, as for me.