InstaTrade review

Online: since 2007
Country: British Virgin Islands
Regulation: British Virgin Islands Financial Services Commission
Payment methods: VISA, MasterCard, Bitcoin, LiteCoin, Ethereum, Tether, PayCo
Minimum account size: $1
Minimum trade size: 0.01
Leverage: up to 1:1000
Spreads: 1.2
Broker type: CFD

About company:

Investment broker InstaTrade was founded in 2007 in the British Virgin Islands. The regulatory authority is the British Virgin Islands Financial Services Commission with license number SIBA/L/14/1082. The company is part of the financial conglomerate InstaFintech Group.

The main advantages of the company, which it describes on its website: More than 300 trading instruments; the company’s clients have access to trading in shares, currency pairs, futures, as well as spot instruments SILVER, GOLD and CFDs on stock indices, InstaCopy system (copying transactions of successful traders), PAMM system (trust account management), cryptocurrency trading (including current analytics from professionals and the latest news from the world of cryptocurrencies), analytics from experts (current reviews and forecasts, that is: expert opinion, fundamental and technical analysis of the foreign exchange market), more than 7,000,000 clients (reliability and reputation), comfortable trading leverage up to 1:1000, comfortable conditions for replenishing a trading account and withdrawing funds (a wide range of deposits and withdrawals), multilingual user support service for 17 languages.

Trading conditions

MT4 Zero Spread, MB Zero Spread, ZeroDrop Trading Accounts, Multi-Balance Trading Accounts - these are the types of trading accounts available for registration with the broker. The following assets are available for trading at the broker: currencies, stocks, indices, metals, oil and gas, commodity futures, cryptocurrencies, InstaFutures. Novice traders can download and install a demo account for free to test strategies in conditions close to real ones. To start trading, you need to register a trading account and top it up with $1.

Registered users have access to additional features: InstaCopy system, PAMM system, analytics from experts, online webinars, glossary, training with a teacher, knowledge base, affiliate program, real-time charts and more.

Trading platforms

InstaTrade cooperates with the developer MetaQuotes and provides its clients with free access to the popular trading platform MetaTrader 4, its mobile application and the Gear browser trading platform.

Technical support

Technical support specialists are ready to solve any issue 24/5 in 17 languages. To get in touch, you need to fill out the feedback form, use online chat or request a call back.

Deposit/Withdrawal of funds

You can top up your account or withdraw funds using the following methods: VISA, MasterCard, Bitcoin, LiteCoin, Ethereum, Tether, PayCo.

Trader reviews

There are quite a lot of reviews about this broker on the Internet. Most of them are not true, since confirmation in the form of an account number and other evidence is not provided. Negative reviews indicate slow withdrawals and unprofessional technical support. Of course, there are also positive reviews. Here, users, on the contrary, talk about quick resolution of any issues, convenient trading conditions and a free demo account.

Broker advantages

• Availability of a regulator
• Educational materials
• Availability of demo account
• Several ways to contact technical support

Broker disadvantages

• Lots of negative reviews
• Inability to call the broker

Conclusion

When choosing a broker as a guide in the financial world, you need to carefully check all the fundamental factors and be very careful when making a decision. You should pay attention to: the reputation of the broker, real reviews from traders, real trading conditions, rhetoric of company representatives, the presence of a reliable regulator.

Web-site: InstaTrade