Instaforex Binary Options Broker
Instaforex broker network includes more than 250 representative offices around the world, most of which are in Asia, where the company's success speaks for itself. Instaforex has been recognized as “Asia Best Broker” for the last 3 years by World Finance Awards. Large number of awards was received by the broker from respected publications like CNBC Business Magazine and EUROPEAN CEO. Instaforex was mentioned at international ShowFxWorld and ShowFxAsia exhibitions. Instaforex employees are well-trained experts in their field. Their priorities are person-centered approach, sociability and competence.
Terms of trading
- Profitability - from 70% to 85%
- Loss recovery- No
- Minimal deposit - 1$
- Minimal stake - 1$
- Demo account – Yes
- Mobile version –Yes
- Education – Yes
Trading account registration
Registering at Instaforex takes a few minutes. In order to become a client of the company a trader needs to fill in a couple of electronic forms. Do not forget that Instaforex is a pretty serious company and the complete selection of trading opportunities starts at registration. Thus, the broker offers a choice between trading servers, account types, bonuses, replenishment methods and other additional services.
In order to use all of the company’s services as well as to get bonuses customers need to pass the verification in online trading office. Such a feature is not a "company’s whim ", but it is caused by the international requirements for preventing the financing of terrorism and money laundering.
The company decided to apply a fairly unique approach to options trading. The company provides its traders with two trading terminals at once: web-terminal and fully autonomous MT4 terminal.
As for the Web terminal, the programmers probably decided not to "bother" with its professional development, making it very poor in functions and options.
At the same time Instaforex company is the only broker to provide MT4 options trading platform (Meta Trader 4) together with additional IFX Option Trade software for options trading that offers a high profile selection of technical indicators, trading templates as well as the opportunity to use scripts and automatic advisors, which allow automating binary options trading process.
In addition, Meta Trader 4 can be called "heaven on earth" for the fans of using technical analysis in trading, as you will find an abundance of great variety of graphic tools in the terminal with which it is possible to review any financial asset chart in the detailed technical form.
Let us note the main advantages of the ÌÒ4trading platform:
- an abundance of graphical tools for technical analysis;
- a wide range of technical indicators;
-excellent speed of orders execution;
- good selection of assets;
- full autonomy.
Drawbacks to mention:
- the complexity of perception. The need to acquire additional using skills.
- An additional load of the PC memory.
Instaforex offers 73 items, namely: 21 currency pairs, 2 commodities (gold and silver), and 50 CFD (stocks). That is quite an extensive choice for effective trading, creating own portfolios and diversifying risks. The only thing that should be noted is an unusual designation of these assets in the Instaforex terminal, namely shortening of their names, which will at first confuse the trader. However, everything falls into place after a few hours of trading with the MT4 terminal.
Company bonuses are pursuing traders at every turn. It all starts with affiliate links of the "Invite a friend" type, getting a welcoming bonus at the first replenishment of the deposit (15%, 30% and 50% of the amount deposited), annual 12% of the traders account. Rebates program allows traders to compensate a part of the fees paid to the company back to their account and the VPS service (virtual server) allows automatic robots trading around the clock with the PC being turned off. Incidentally, no other brokerage company can compete with the specified one in the number of traders "battles", contests and campaigns. By the way, every Instarorex client will be able to order a MasterCard system card issued for Payoneer system specifically for Instaforex. That is what InstaForex is along with its endless possibilities for each trader.
Types of options
In this case, Instaforex is not an option trading innovator given that the company has only 2 types of options.
Intraday options are for fans of high-speed trading, scalping and pipsing. However, the presence of a huge selection of expiration dates allows setting the life of the order ranging from 1 minute to 4 hours. The principle of the option corresponds to the most common options called "above-below" or "classic" by other brokers. That is, intraday options at InstaForex are the usual increase-decrease options with different expiration periods.
Dated options do not differ from the preceding type in anything except for a period of expiration ranging from 15 minutes to 24 hours. That is, they are meant for traders who are professing middle-term trading. Profitability of all the above mentioned options ranges from 70% to 85%.
Instaforex provides a high-level of education for traders. It is unlikely that most brokerage companies would be able to compete with Instaforex in training. There are many training videos and alternative materials like tutorials and interactive books placed on the website in public domain. Training and study webinars as well as master classes from top traders around the world are constantly conducted for traders. In addition, each trader on the company's website can find sufficient number of analytical information, additional useful trading tools in the form of gadgets for your desktop with quotes, calculators, exchange rate tables, etc.
Professional support for 24 hours 5 days a week.
Instaforex support is provided at a really professional level. At the same time, the number of support languages is more than 20 (including English). Communication with clients is carried out exclusively by trained to perform these functions experts. On-line chat, phone call ordering as well as messaging via e-mail will help each client to resolve all the current problems, to discuss trading nuances and other points of their interest. In addition, Instaforex website service concerning all stock news, analytics, economic calendars and other tools which the website is full of is also worth including in the list.
Deposit/withdrawal of funds
It seems that company’s specialists have gone nuts providing such a wide range of payment services for money depositing and withdrawing. There are not just many, but like a jillion of them. There are those like VISA, MasterCard and American Express, Webmoney, CashU known by everyone and the ones that 99% of traders have probably never heard of in their lives. Simply, everything is set up so that anyone who wishes to replenish company’s deposit could easily do it. Deposit of funds is carried out immediately, but is concluded within 3 days. However, do not forget to send a color copy of the passport or other identity document to support at the moment of registration.
Instaforex main advantages:
It can take a long time to list company’s advantages so we will highlight the main.
- reputation of the company, confirmed by numerous international awards;
- minimal deposit - 1 USD; < /li>
- minimal transaction is 0,01 USD; < /li>
- a great trading platform MT4;
- trade security and protection of financial information;
- demo account availability; < /li>
- the availability of the mobile platform for binary options trading;
- excellent level of education; < /li>
- availability of bonuses, promotions and contests;
- availability of rebate fees recovery system;
- availability of technical analysis; < /li>
- a good selection of financial assets.
The drawback to be noted:
- small number of binary options trading types (only 2).
Instaforex is not just a company providing binary options trading services. This is a giant in terms of bonuses, promotions, services and additional offers. Traders, who trade at Instaforex, are surrounded by endless care and attention, starting from the moment the funds are transferred to a trading deposit, continuing with the top notch training and ending with analytical support of every trader. However, for traders who trade at Instaforex, nothing ever ends.