Forex Copy Trading Social and mirror trading platform

Automated trading within InstaLimeFxes via ForexCopy, which allows traders of all experience levels to copy the orders of the most successful traders. With the system, it is still possible to adjust settings and cancel copied orders. The orders that the copied trader executes for forex, stocks, and cryptocurrencies become signals that your account then automatically copies in return for a small commission.

A contract for difference (CFD) allows traders to speculate on the fluctuating prices of an asset without actually physically owning it. InstaForex have a large selection of 90+ CFDs including gold, silver, crude oil, gas, major stock indices such as Dow Jones, DAX, NASDAQ, S&P and more. InstaForex have a few extra add-ons for the MT4 platform including magic button and one click trading.

They can be contacted via local telephone numbers in 9 countries, live chat and email. They are also reachable through popular apps including Telegram, WhatsApp and Skype. I have always received second to none support and wouldn’t hesitate to put them up there with the very best brokers when it comes to customer service. Traders can speculate on Bitcoin price fluctuations without buying the cryptocurrency.

Forex Copy – Copy Trade APP

This is one of the forex trading strategies that’s not allowed with most other brokerages, making InstaForex great for traders who use this method. InstaForex has been known to offer generous bonuses that will assist traders and investors with a long-term mindset to expand their asset base. Clients can earn and withdrawn bonus money after requirements are fulfilled. InstaForex also runs periodic promotional events in the form of trading competitions in live and demo accounts. Not only that, but beginner traders are also exempt from confusion in determining forex trading strategies.

• Unlike the two aforementioned accounts, the ECN account only accepts EUR and USD as base currencies and has market execution instead of instant executions, and therefore, it is quicker.
• We are committed to understanding your unique needs and helping you to make informed trading decisions.
• InstaForex have a few extra add-ons for the MT4 platform including magic button and one click trading.
• Fees are only charged for deposits on the Standard and Eurica accounts, while traders are charged for all withdrawals.
• I think they could improve by adding some market analysis software such as Autochartist or Trading Central just like LimeFx.

Again, this is one of the most comprehensive lists of available special offers we have come across when reviewing online brokers. Countries that are not allowed to do business with InstaForex (trade and open accounts) are not clear, and information on this is unavailable. The only information we could find is that they are a global broker specifically for CIS countries, Southeast Asia, Eastern Europe, and parts of Africa. Lastly, this broker offers support in many languages, which we will list below, and they also have a personal account manager. With all the information available from this broker and on their website, they do not, in fact, have any information on whether or not they offer negative balance protection.

INSTAFOREX INDIA

Forex instaforex provides a variety of investing services to each trader at any stage of work from registering new account either real or demonstration to profit withdrawal. Instaforex offers its customers trading on MetaTrader 5 platform which was created by MetaQuotes Software. Instaforex provides a wide variety of trading tools and software products from the leading companies such as Reuters, Dow Jones, and e-Signal. Insta forex gives traders the possibility to trade CFD on Facebook and Twitter after the company’s IPOs. Insta fx offers qualitative and currency trading services as well as continuously work on the technologies’ improvement.

Studyingtechnical analysis and your efforts will always help you in making the correct trading decision. After Account opening with InstaForex Nigeria Office you will be automatically qualified to receive the welcome bonus amounting to30% or 55% of the money you have deposited to your account. You can use the bonus to trade financial instruments or invest in Forex projects. InstaForex does not have as much regulation as some of the competing forex brokers, which is a strong point to consider for some traders.

Is InstaForex Safe? Broker Regulations

One aspect of this broker that is really nice is that they have a news feed (blog) that relates only to news about the broker itself. You can think of this as a live up-to-date news feed that just details specifics about the broker, their ambassadors, competitions, and such. This is the only regulatory authority that oversees this broker, and https://limefx.biz/ you can find this information by heading to the “regulations” section under the “about InstaForex” menu. When you head to this page, an overview of the region in which the FSC regulates them is given. Here we can also see that the entity under which InstaForex operates (the InstaFintech Group) has been operating in the industry since 2007.

The final step before you can start trading is funding your account – although the minimum deposit is zero, you need money to trade even if it’s only $1. You can also fund your account directly with Bitcoin, which is rare among forex brokers and shows that InstaForex is keeping up with the latest trends. Aside from all this, the minimum deposit for most account types is zero and you can set up accounts with different base currencies, the most popular of which are USD, EUR, and RUB.

The features of the account allow trading with Micro Forex (minimum deposit of 1-10 USD), Mini Forex (minimum deposit of 100 USD), and Standard Forex (minimum deposit of 1,000 USD). Last up for beginners and even a section experienced traders can take advantage of is the Knowledge Base. This is a “blog” that incorporates training and other aspects of trading. The information provided here is well worth any trader’s time and should be looked over. The Video Tutorial section is only made up by a handful of videos explaining the key concepts of forex, quotes, spreads, margin trading, swaps, and technical analysis. However, InstaForex also offers a web terminal and then also “Multiterminal.”.

You can pick your favorite from the list of pro traders and piggyback your way to greater profits. As a globally-available broker, InstaForex is regulated by multiple financial institutions including the FSC and the BVI. EU clients are protected by CySec, the only top-tier regulator keeping its watchful eye on InstaForex. All reviews, research, news and assessments of any kind on The Tokenist are compiled using a strict editorial review process by our editorial team. Neither our writers nor our editors receive direct compensation of any kind to publish information on tokenist.com.

For traders that trade in large volumes (more than 10 lots a month), it is better to open an account denominated in USD at a digital currency bank, especially for trading on assets such as the EUR/USD. This is because when trading a USD quoted currency pair with a GBP account, there will be a small conversion limefx broker reviews fee for every trade made. British traders can make both deposits and withdrawals via local bank transfers (Eurobank), credit cards/debit cards, Sofort, bank wire transfers, Rapid Transfer, Payoma, Neteller, and Skrill. Overall, Instaforex charges higher non-trading fees than other brokers.

Compare Brokers

Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker, and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker. Overall, Instaforex provides an average range of tradable assets, but it should leave most professional traders satisfied. InstaForex offers an average range of trading instruments compared to its competitors, but its Forex offering is impressive.

If you want to put your knowledge to practice, there’s always Instaforex’ demo account. This feature allows you to trade on the real markets using virtual money – that way, you can test and get used to executing your strategies without risking real money. All in all, InstaForex has a bulletproof educational offer, making it a sound choice for beginner forex traders. The Scalping account uses the same average float spread of 1.2 pips and is used exclusively for making quick, low-profit deals.

Heading to the “contacts” section, you will find links to all social apps. Here you can get in touch with support, the financial department, partner relations, and the dealer department via Email, skype, phone, WhatsApp, Telegram, and more. Then the FAQ section is nothing out of the ordinary, and you can expect to find answers to specific questions here. The feedback section is not really a channel for support, but you can leave a complaint or suggestion, and the broker will get back to you. Looking through the FAQs, there is nothing; even looking through the client area provides us with no information. In fact, there is not even a withdrawal option in the client area.

• The minimum amount of money that you can deposit in your account is $1 this is only limited to electronic payment systems, credit card and cryptocurrency wallets, and $300 via bank wire.
• These methods include bank transfer, credit card and online payment processors.
• Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.
• MT4 is one of the most popular trading platforms for forex traders and is offered by most trading brokers.
• This influx of traders and new capital has only emphasized existing price trends.

Our partnerships are necessary in order to bring you well-tailored online trading services that suits forex traders in Nigeria. InstaForex is a well-known online forex trading platform that offers a wide range of trading services to its clients around the world. InstaForex has quickly grown to become one of the leading forex brokers in the industry, with over 7 million traders and over 300 trading instruments available on its platform. In addition to forex trading, InstaForex also offers trading in a range of other financial instruments, including commodities, cryptocurrencies, and stock indices. The platform also offers a range of account types to suit the needs of different traders, including standard accounts, cent accounts, and ECN accounts.

These are unique software platforms developed by the in-house team of InstaForex. Traders with the EU jurisdictions are not legible for any deals and promotions because of regulations put forward by ESMA. You are capable of getting monthly promotions and welcome bonuses upon signing up. The forex broker has won several industry awards, including World Finance Awards’ Best Broker in Asia Award for several years and Best Retail Broker Prize from European CEO and CNBC Business Magazine. It showcases its products and services at noted international events such as ShowFX Asia, Jordan EXPO, and CIOT Expo.

To get started, you need to fill a standard application form with your information and accept the terms of agreement. Then you just have to prove your residency and identity by providing a copy of your national ID or passport, as well as a utility bill in your name. The customer support agents are available 24/5 via several mediums. These include phone, email, live chat, Telegram, Facebook, Skype, WhatsApp, and Viber. In this review, we will cover all the aspects of this brokerage to see if it is safe, easy-to-use, cheap, and worth your time in general.

When trading forex instruments you are speculating in the price increase or decrease of one currency against another, e.g. InstaForex offer a large selection of 110+ FX currency pairs to trade. I would say they are one of the best forex brokers, along with LimeFx.

Categorised in: Forex Trading

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