InstaForex
Chris Cammack September 11, 2019 06:41 PM
With a broad range of tradable assets and a number of accounts with higher deposits linked to tighter spreads, InstaForex appeals to traders looking for flexible trading conditions. A well-regulated broker, InstaForex offers trading on shares, indices, commodities, cryptocurrencies, and over 70 Forex pairs – a much larger range than is typically available at other brokers. InstaForex offers six live instant execution accounts, with higher minimum deposits linked to tighter spreads. Its entry-level accounts have a minimum deposit of 100 EUR, but high trading costs, with spreads of 2 pips (EUR/USD) on its Standard Account. Trading costs improve significantly on its commission-free VIP ECN Account with spreads of 0.5 pips (EUR/USD), but this is in exchange for a minimum deposit of 20,000 EUR. Support is offered for both MT$ and InstaForex’s own proprietary trading platform, alongside a range of trading tools, including VPS hosting services, various copy trading applications, and a number of technical analysis tools. One drawback is that the educational materials are poorly presented and lack depth, making it a poor choice for beginner traders. However, InstaForex’s market analysis materials are detailed and frequently updated to help traders make better trading decisions.