InstaForex India - Review

Does InstaForex accept Indian traders? Check out InstaForex India Review.
InstaForex is an ECN Forex Forex broker with clients from all over the world including India. 
  • It is serving Indian Forex traders since 2007
  • InstaForex complies with BVI’s Financial Services Commission
  • MT4 and browser-based trading platform, Android and iOS trading platform
  • Free InstaForex Demo account for practice – no obligation to deposit
  • Comments and video analysis from experts to help to make better decisions
  • Check InstaForex India Review and open a free demo account
InstaForex AcountOpen Account with Bonus

InstaForex India – Forex trading in India with Insta Forex

InstaForex is an ECN Forex broker operating in the Forex market since 2007. It boasts to have more than 2 million forex traders from around the world. More than 1,000 clients open new trading accounts with InstaForex every day. 

It has bagged many awards and honors including the “Best Broker in Asia” at the prestigious World Finance Awards for several years in a row. They keep receiving multiple awards from other leading mass media, such as the CNBC Business Magazine and other Forex Trading Expo (The Best Retail Broker Award). Hence, InstaForex India is an excellent choice to start Forex trading in India.

The InstaForex website has over 30 languages, including Hindi to serve traders from different parts of the world, which is a unique feature in the industry.

InstaForex India Review
InstaForex Account types

InstaForex Account Types

InstaForex offers two account types – they are InstaStandard Trading Account and InstaEurica Trading Account.

InstaStandard Account is like any regular Forex trading account where traders pay a spread of 3 to 7 pips while trading. There are no additional fees involved when you close a trade. The InstaStandard accounts are further classified to accommodate traders with a small investment amount. They are MicroForex (1 to 10$ deposit), Mini Forex (10 to 100$ deposit) and Standard Forex ( 1000$ and above deposit). Hence, newbie traders can start trading with InstaForex minimum deposit of 1 to 10$.

InstaEurica Account is a typical Forex trading account which doesn’t have any spread. The ask and bid prices are the same. However, the traders pay a fee of 0.03% to 0.07% while closing a trade. These type of accounts are preferred by traders who trade using technical analysis, zero spread make setting StopLoss and TakeProfit calculation easy and effective. The CentEurice Account is a zero spread account with a minimum deposit of $1 and allows to trade 0.0001 lot size. Trading with such a small lot size makes it useful for those who want to test any new strategy and also for the newbie traders.

The Cent.Standard and Cent.Eurica trading accounts are very useful for beginners as it requires minimal capital to start trading and allows to trade a minimum of 0.0001 lots. This type of account is perfect to test trading strategies in a live trading environment while risking a small amount with a small lot size of 0.0001 lots.

Forex, Commodity, Stock CFD and Futures CFD trading with InstaForex

InstaForex offers a wide selection of trading assets, 107 currency pairs to trade, 88 CFDs on US Stocks, contracts on Gold Silver, and CFD on Futures. The traders can select from their favorite assets and trade on a safe and secure trading platform. While carrying out the review on the InstaForex website we found that Free Demo Accounts are also available to traders who want to practice without any deposit. Although it requires only 1$ deposit to start trading in a Cent.Standard or Cent.Eurica Account, you can even get a Free Demo Account.


InstaForex Bonus Deposit – 100%, 55% and 30% Bonus

While reviewing the InstaForex website in Nov 2019, we found there were more than four Bonus Deposits available. The bonus terms and conditions must be read thoroughly by the traders before availing them. However, we found InstaForex Bonus to be among the best as they allow profit to be withdrawn anytime, even after availing the bonus.

There are several other promotions and contests running all over the year. The traders can participate in the contests and win prize money if they win. Check out the InstaForex Bonuses below –

  • 100%
  • On first deposit
  • Profit withdrawal allowed

This unique bonus is available to all clients. InstaForex gives this 100% bonus on the first deposit only. You have to fill in a form to avail of this 100% bonus. You can withdraw all the profit from the bonus fund without any restriction.

  • 55%
  • On every deposit
  • Profit withdrawal allowed

This 55% bonus is available until 28 December 2019. It can be availed for each deposit into your account. You cannot claim any other bonus offered by InstaForex along with this. Profit withdraw possible without restriction.

  • 30%
  • On every deposit
  • Profit withdrawal allowed

You can make use of this 30%  bonus every time you deposit to your account. You can avail of this bonus any number of times you want during the fund deposit. This bonus can also be invested in the PAMM account.

  • Up to 40%
  • On every deposit
  • Profit withdrawal allowed

The client holding Club Card can avail up to a 40% bonus on every deposit. To avail this the traders have to register as a member of the InstaForex Club. You can avail this bonus after successfully registering as an InstaForex Club member.

Website Features – Effective Analysis by Experts and training

There is so much information on the InstaForex website that traders take some time to know about them. The website is full of useful information, starting from account management, general information, educational information, and market analysis section. The market analysis section has real-time updates from the InstaForex analysis team and is a favorite section of the traders.

Each analysis by the experts has complete information including chart, trendlines and detailed information about the price movement expected and the reason for the same.

You can find Gold, Silver, Major currency pairs like EURUSD, GBPUSD, USDCAD, etc daily analysis to make better trading decisions. The education section has so many easy to understand tutorials to master technical analysis. As an account holder, you can access the InstaForex Client Cabinet and can read about financial news and events, Market analysis, and your account related informations.

Forum – You can be a member of the InstaForex forum and actively participate in Forex forums of different topics. You get access to numerous Forex articles, discussions and blogs. 

InstaForex PAMM Account – InstaForex PAMM Account system gives traders an opportunity to invest in PAMM accounts. Each account holder of InstaForex Company may choose to accept investments from other traders in a PAMM System or invest funds in PAMM accounts. 

InstaForexCopy system is an innovative service that helps traders to follow other successful Forex traders, and copy their trades in their own accounts at a predefined ratio. You can also open a ForexCopy provider account and earn a percentage of the profit from the followers’ account.

Training and Education

InstaForex has several different training videos and courses on its website. The Forex Trainer program enables traders to test their trading strategies and technical analysis on platforms like MT4 and MT5. The Forex trading simulator feature allows users to backtest their trading strategies and get information on whether their strategy was successful in the historical data. Trade simulator allows seeing a slow-motion replay of trading close to every candlestick to optimize the trading parameters.

Funding and withdrawal methods – InstaForex India

The traders can deposit funds using any of the funding methods available – they are Credit card, Debit card, Bank wire transfer, InstaForex Debit card, Skrill, Neteller, and Moneybookers. InstaForex does not charge fees for depositing funds into the customer’s account. However, some payment systems may charge a fee for processing a deposit to InstaForex India accounts. The traders must go through a verification process before they can request a fund withdrawal. InstaForex India traders need to submit an identity proof ( Aadhar card, PAN Card, Passport or Voter Id) and Address proof (Utility Bill, Passport, or bank statement) to complete the account verification process. The account verification process is as per the international regulatory requirements to prevent financial fraud and money laundering activities.

The traders can withdraw funds up to the initial deposit using the same method as the deposit method. Any additional profit can be withdrawn using Wire transfer, Skrill, or Neteller.

Customer Support

Instaforex India clients have access to 24×7 customer service by email and telephone. However, the chat support works from 0700hrs to 1600hrs UTC (1230 to 2130 IST). There are separate contact numbers for each department, which makes it easier to get to the right person for your queries and doubts.

Instaforex has over 260 representative offices worldwide so that you can get help and support from them in your locality and language. You can get in touch with InstaForex through Telephone, Online Chat, Skype, WhatsApp, Telegram, Viber, Twitter, and Facebook. You will always find the support team friendly and ready to assist you with your query. You can even request a call back from Instaforex if you like to do so.

While carrying out the InstaForex India Review, we found several features worth an applaud, they are – Customer support, PAMM system, ForexCopy System, Cent accounts with $1 deposit and Free Demo Account 

InstaForex India Review – Is InstaForex Regulated?

Instaforex now complies with and registered with the British Virgin Islands’ Financial Services Commission (BVI FSC)  and the Financial Services  Commission in Saint Vincent (FSC SV). It accepts global clients while complying with these regulators. 

Conclusion – Is it worth trading Forex with InstaForex?

InstaForex is made a name for itself over the last twelve years and continues to lead the Forex industry in terms of transparency and trading features. The website of InstaForex has so much information that you can find new details each time, and it is worth giving time to read through this useful information. The choice of accounts and starting amount of just 1$, availability of multiple trading platforms make this broker an excellent choice for both beginners and experienced Forex traders. It is worth trading Forex with InstaForex from India, as it is one of the trusted names in the industry.