InstaForex
Chris Cammack December 3, 2019 01:38 PM
With a broad range of tradable instruments, excellent platform support, and fixed spread accounts, InstaForex appeals to traders who prefer predictable trading conditions. However, InstaForex's trading costs are significantly higher than average across all four of its trading accounts. A well-regulated broker, InstaForex offers trading on shares, indices, commodities, metals, energies, cryptocurrencies, futures, and over 100 Forex pairs - a much larger range than is typically available at other brokers. InstaForex offers four live instant execution accounts, all with a minimum deposit of 1 USD. Spreads are fixed at 3 pips (EUR/USD) on its commission-free accounts and 0 pips (EUR/USD) on it's commission-based accounts in exchange for a commission of 30 USD (round turn) per lot traded. These trading costs are significantly higher than other brokers, but don't vary with trade volume or market volatility. Both the MT4 and MT5 trading platforms are available, alongside two of InstaForex’s own web-based platforms. It also offers numerous 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.