Forex spread betting demo account

InstaForex Broker Review. Risk Warning: Your capital may be at risk. Our Review of InstaForex. InstaForex Companies Group. FOREX is one of the fastest ways for anyone to make money in the trading game, and it boasts numerous advantages over traditional stocks and futures. The FOREX market has more traders around the world with billions of dollars in currencies being traded every day. This results in an extremely liquid market, making it very easy to get in and out of trades, even large ones. Other advantages of the FOREX market are the ability to trade around the clock and the fact that, unlike day trading stocks, beginner traders do not need a large trading account to start. InstaForex Company is an online FOREX trading platform catering to beginner and seasoned FOREX traders alike. Its state-of-the-art trading software, high commissions, high leverage, and responsive customer support make it an attractive option for anyone wanting to make the most of the lucrative FOREX trading game. InstaForex was founded in 2007 and has experienced rapid growth since its inception. The company has been a pioneer in developing new trading software designed to make the trading experience easier and more profitable for its customers. Currently, InstaForex Company has more than 250 offices worldwide, most situated in Asia where the company has been awarded Best Broker in Asia by World Finance Media for three years running. InstaForex's core values are transparency, competence, and a personal approach to trading. InstaForex offers several trading account options based on traders' individual needs. Insta.Standard accounts operate using standard trading terms and no fees. Traders pay only a fixed spread on trades. This is the most versatile account type as leverage and deposit size -- which can be as little as $1 -- can be changed at any time. Insta.Eurica accounts are similar to Insta.Standard accounts but there is no spread on trades. The bid price always equals the ask price. This account type is great for newbies because it is one less thing they have to take into consideration when deciding to execute a trade. Cent.Standard and Cent.Eurica accounts are the true beginner accounts with small lot sizes designed to minimize risk for novice traders. The company does not charge any commissions on trades and the spreads are a fixed difference between bid and ask price. InstaForex uses MetaTrader 4, the most advanced trading platform on the market. This software enables users not only to execute deals but run technical analyses, test trading systems, track currency pairs, and much more. Deposits and Withdrawals. InstaForex offers a secure platform on its web site for funds to be deposited into and withdrawn from a trader’s account. This area is protected by a password as well as a PIN code. InstaForex’s customer support is world class. Support specialists are available 24/7 not only for live traders but for demo traders as well. Politeness and effectiveness are the company’s customer service goals. The company adheres rigidly to all trading regulations and employs multiple steps and layers designed to keep customers’ accounts and funds safe at all times. Leverage is the ability to control a lot with a little. One of the biggest benefits of FOREX over other types of trading is that new traders can begin with a very small capital outlay, which can be leveraged for much greater buying power. InstaForex users can choose their leverage, from 1:1 to 1:1000. InstaForex offers several “welcome bonus” options including bonuses on deposits, bonuses for high trading activity, and “one off” bonuses for new customers. Compare InstaForex. No Deposit Up To. +55% Deposit Bonus. Featured Brokers. Related Articles. YouTradeFX Review. IronFX Review. AVATrade Review. FXPrimus Review. Markets.com Review. Easy Markets Review. Forex4you Review. EXNESS (NZ) Ltd. Review. XTrade.com Review. FXTM Review. Featured Brokers. TOP FOREX BONUSES. Top Crypto Prices. Forex Brokers. Risk Warning. Your capital is at risk. Trading in Forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss. The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement. About ForexTrading.Company. Forex Trading.Company was established to provide global traders a deep and insightful source of information on forex trading, its key strategies and indicators. With guides for everyone from beginner traders in Bangladesh to advanced strategists in Hong Kong we want the world trading community to benefit from our in-depth broker reviews, features, and commentary. We list the world's top regulated and authorised brokers suitable for a global audience. We aim to think global, act local with our website, so that whether you're in Asia, Europe or Africa you can gain from our content on the world's biggest market. Forex.com. Trading Accounts. FOREX.COM currently offers two account types: Standard, and Active Trader. The ActiveTrader account was launched in November, 2016 in Canada and US and soon it will also be rolled out to the rest of the markets where the broker operates. An alternative to the ActiveTrader, Premium account (currently available in UK, Australia, etc.) is available with $10 000 and offers spreads averaged 1.5 pips. It also offers 2% interest on your account balance, up to $50,000. The Active Trader account is accessible only via the broker’s proprietary FOREXTrader platform and will not be offered to traders using the MetaTrader 4 (MT4) or any Managed Accounts and accounts referred by an introducing broker (IB). In addition, FOREX.COM offers swap-free accounts to investors of Islamic belief. Trading Conditions. Minimum initial deposit. In order to open an account with FOREX.COM, one has to invest just $50, which is a low minimum initial deposit. In comparison, FXCM also demands $50 from its clients as a start. One of the main advantages of major broker FOREX.COM is that it offers commission-free trading. Of course, this means that the company gets remuneration for its services by a mark-up. That is why FOREX.COM’ variable spreads are not among the tightest in the industry – average ones amount to 1.8 pips on EUR/USD pair. Nonetheless, you get access to a selection of trading platforms with fast execution (average execution speed is 0.05 seconds), and most importantly, your funds are safe. In addition, ActiveTrader account holders may benefit from an average 15% reduction on our standard spreads. Spreads on this account type can be as low as 0.7 pips on EUR/USD, plus, their holders get personalized support, priority service and no account fees on the FOREXTrader Platform. In comparison, FXCM offers variable spreads, averaged 1.5 pips on commission-free accounts. For further information, you may check out and compare real-time spreads of 15 leading brokers here. The maximum leverage levels offered by FOREX.COM is up to 1:200, which is considered average. Of course, the maximum leverage provided to US clients is 1:50. If you need higher leverage ratios, many FX brokers provide such. FXCM offers leverage up to 1:400 and you may also check out a list of brokerages providing leverage up to 1:500 or higher here. You should keep in mind, however, that higher leverage involves greater risk of losses. The Company. Security of funds. Set up in 1999, Gain Capital now has a global reach. Being one of the largest brokers in the US, it is therefore in direct competition with FXCM for the domination of the US market. It is It offers trading in currency pairs, index & commodities CFDs, precious metals, as well as exchange-traded futures and options (US clients). First of all, GAIN Capital Group, LLC is a registered futures commission merchant and retail foreign exchange dealer with the US Commodity Futures Trading Commission (CFTC) and is also a member of the National Futures Association (NFA). Brokers that are registered with the NFA are obliged to comply with a stringent set of rules. US regulation is one of the strictest, which is a good thing in terms of investor protection, however some of the rules imposed are considered too restrictive. For instance, NFA-registered brokers are required to maintain a net capital of at least $20 million to guarantee customers’ positions, which is the highest minimum capital requirement worldwide. Besides, hedging is not allowed and leverage is limited to 1:50, while European brokers are free to provide leverages up to 1:1000 or even higher than that. The parent company, GAIN Capital Holdings, Inc. (NYSE:GCAP), is a New Jersey-based forex and CFD broker. As a global publicly traded company, regulated in 7 jurisdictions, Gain Capital meets high standards of corporate governance, financial reporting and disclosure. Generally speaking, if you choose to invest in forex.com, you may trade without worries about your funds’ safety. GAIN Capital Group, LLC. Forex.com UK Limited. GAIN Capital FOREX.com Australia Pty Limited. Forex.com Canada Limited. GAIN Capital Group (Hong Kong) Limited. GAIN Capital Japan Ltd. Trading platforms. Forex.com offers its clients two basic trading platforms: its in-house FOREXTrader & and the popular MetaTrader 4. In addition, the brokerage also supports Tradable and its special ECN platform, GTX. The fully-customizable FOREXTrader is equipped with advanced trading features, professional charting tools and integrated research and analysis. It comes in as web, PC varsions and full array of mobile apps (including iOS and Android devices). FOREXTrader PRO’s professional-grade trading tools include real-time charting, pattern recognition software by Autochartist, and custom-built automated trading software, called Strategy Center. Among the FOREXTrader’s features is the Strategy Center with automated buy and sell signals, which allows traders to access 15 user customizable pre-defined trading strategies as well as build their own via the Strategy Wizard. The Strategy Center includes the ability to back test strategies against historical data and then activate them to generate buy and sell signals in real time. Forex.com's inhouse FOREXTrader platform. Click to enlarge . The comprehensive research and analysis includes round-the-clock updates from our expert in-house research team, real-time concise headlines from Reuters News, and professional technical analysis from industry-leading Trading Central. With this platform, users are able to choose between instant and market execution (through the Execution Mode drop-down). Unfortunately, FOREXTrader does not allow hedging, as open positions are closed in compliance with the (First in First Out) FIFO accounting rule, applicable in the US. The most common forex trading platform - MetaTrader4 - is also supported by Forex.com. It offers competitive pricing on over 45 currencies, superior market execution and EA optimized environment. Furthermore, Forex.com’s MT4 is equipped with some unique trader tools & resources, such as live commentary from the company’s Global Research Team, real time technical analysis from Trading Central and actionable ideas from Autochartist. According to us, MT4, offered by forex.com has one significant disadvantage - it does Not offer a 3rd party bridge. GAIN Capital’s GTX is an independent and innovative ECN designed for institutions and professional traders. It offers robust algorithmic trading capabilities that enable clients to develop and implement a wide range of trading strategies using GTX’s Java or FIX-based APIs. Payment methods. Clients of Forex.com may use bank wire transfer, as well as debit/credit cards as payment methods. US clients may also make deposits and withdrawals via Check and eCheck (U.S. bank accounts only), while EU clients can use Sofortbanking (online funds transfer available in the UK, Germany, Switzerland, The Netherlands and Belgium only). Conclusion. Although its spreads are not among the tightest on the forex market, we highly recommend Forex.com, for it has earned its reputation of a reliable broker with strong regulation and transparent policy. It offers reasonable conditions for trading in forex, CFDs and stocks on a wide range of platforms. Here are, in a nutshell, the advantages and disadvantages with regards to Forex.com, the retail forex brand of Gain Capital: Company Name: FOREX.com. Website Address: www.forex.com. Headquarters: Bedminster One, 135 US Highway 202/206, Suite 11, Bedminster, NJ 07921. Country: United States. Regulated by: NFA (USA), CFTC (USA), FCA (UK), FSA (Japan), ASIC (Australia), IIROC (Canada) Languages: English, Chinese Traditional and Simplified, Arabic, Russian, German, and Japanese. Phone: +1 908-731-0750. Free Phone: Toll Free: 877-367-3946 (US & Canada) Year of company's foundation: 1999. Year of company's forex division foundation: 1999. Client base: Individuals (IBs, Money Managers, White Label partners, please visit www.gaincapital.com). Services: Forex and Metals (UK and AU only). Trading 24 hours a day from Sunday 5pm ET – Friday 5:00pm ET. Commission Free trading (bid/ask spreads apply). Web-based trading platform requires no download or installation. No debit balance guarantee. Free access to charting, news and research. 24 hour customer support via phone, email and chat during trading hours. Mobile trading available. 24 Hour trading. Languages: English, Chinese simplified and traditional, Arabic, Russian, Japanese. InstaForex. Trading Accounts. InstaForex offers its clients a choice of 4 account types, which can be divided into two categories: Standard and Eurica ones. All of them are accessible via depositing just $1 and offer leverage up to 1:1000, Cent and Micro account option (with 0.0001 minimum trade size) and annual interest rate of 5% (accrued on the last day of each month). While Standard accounts offer fixed spreads and are commission-free, Eurica ones provide Forex trading without spread, which is quite unusual. Nonetheless, a commission of 0.03% applies to trades on Eurica accounts, which equals a 3-pip spread. Besides, InstaForex provides Swap-free (Islamic) services, as well as a PAMM accounts service - a tool of collective investing in projects rendering investment services. Every client of InstaForex Company can accept investments from other traders or invest funds in someone else`s account and become a share owner in this account. The Company. Security of Funds. InstaForex, part of InstaForex Group, is an MM forex broker headquartered and registered in Russia. This broker has been providing online trading services to traders worldwide since 2007. InstaForex’s product portfolio is pretty impressive. It includes 107 currency pairs, 88 CFDs on US stocks, futures, gold and silver, Bitcoin on both MetaQuotes’ platforms, as well as options trading (via the InstaForex Option Trade). In 2017 the broker acquired a license with the Central Bank of Russia (CBR). The CBR is Russia’s financial mega-regulator which oversees the banking and all other financial markets in the country. As of 1 January, 2016, locally-based forex brokers are required to be licensed by CBR in order to operate in the country. However, foreign brokers are still allowed to target local citizens without any significant restrictions and most market participant continue to operate in the country through their foreign units. Before obtaining the license, the broker's forex services in Russia were rendered soley by Insta Service Ltd, a company registered in Saint Vincent and the Grenadines. At present, SVG legislation does not require a special license for a forex service provider. As for the stock market, InstaVector Investment Company Ltd, a brokerage company within InstaForex Group, has been holding a license for a professional service provider since 2008. In addition, InstaForex is the developer of MT5.com - a universal portal with variety of tools and services, available to all traders. The community there is quite active and helpful. Trading Conditions. Minimum Initial Deposit. To open an account with InstaForex, one has to deposit just $1 and the unusual thing is that this minimum initial amount is set to all account types. In comparison, Russian broker TeleTrade requires $2000 as a start. InstaForex offers fixed spreads only, which are a bit high, amounting to 3 pips on EUR/USD. Trading costs on its zero-spread Eurica accounts are practically the same, and most fixed-spread brokers offer 2 pips spread. In comparison, TeleTrade also provides a spread of 3 pips on EUR/USD, but it also offers variable spreads as low as 0.1 pips for this pair. For further information, you may look up real-time spreads of 15 leading brokers here. The maximum leverage level offered by InstaForex is 1:1000. We find leverage that high to be damaging to proper risk management, so consider it carefully before opting it for it. Trading on margin allows traders to control large amounts of capital, however, if not used in combination with a proper risk management strategy, can lead to heavy losses. Trading Platforms. As we have already mentioned, InstaForex offers both MetaTrader4 (MT4) and its successor, the MetaTrader 5 (MT5). MT4 is an internationally acclaimed trading terminal, offering a full spectrum of trading tools and resources: more than 50 built-in technical indicators, advanced charting package, a wide range of Expert Advisors (EAs) and extensive back-testing options. Traders can download ready-made or create their own EAs and let the program do all the work. The broker also provides VPS hosting services (free of charge for clients with account balance over 5000 USD) to ensure continuous operation of EAs. InstaForex also supports MetaTrader 5, a versatile and powerful trading platform that gains popularity lately, as the hedging option was finally added to it, and a number of other enhancements were made. MT5 allows the execution of orders in several financial markets and stock exchanges through a single trading account. The platform features advanced charting package, trading and analysis tools, alerts, signals, EAs and customizable indicators. Besides, this broker provides Forex Copy system designed to enable traders to copy orders of successful traders online. Every user of the ForexCopy system may follow profitable trading strategies by selecting Traders in the public monitoring list and copying their successful trades. A ForexCopy Trader receives a commission for allowing one or more ForexCopy Followers to copy his trades. There is also a commission per copied trade, a commission per day and a trade profit share. If a Follower chooses the latter, he pays only for profitable copied trades. InstaForex is famous for its trading contest and bonuses. Below you may check out all bonuses available: Methods of Payment. InstaForex offers its clients a wide range of payment methods: credit/debit cards, bank wire transfer, MegaTransfer, Paxum transfer, PayCo, Skrill, Neteller, Boleto, BPay.md, ePay.bg, CartaSi, ePayments, Dankort, Electronic Payment Standard, Nordea SOLO, POLi, PostePay, Przelewy24, iDeal, SOFORT, Trustly, QIWI, Bitcoin, and a number of local transfers. Besides, with the help of the InstaWallet system, every InstaForex customer can transfer money to accounts of other company’s clients. Conclusion. InstaForex is a Russian forex & CFD broker with 10 years of experience and rich product portfolio. It provides numerous bonuses, as well as interest rate on deposits, however its overall pricing is not very competitive and it is not regulated. Besides, it uses fixed spreads and probably acts as a Market Maker. To sum up the above, here are the advantages and drawbacks with regards to this broker: Part of international group with 10 years of experience. Not regulated (yet) Both MT4 and MT5 offered. Wide fixed spreads. Low minimum initial deposit required. Market Maker model. Wide range of financial instruments offered. Micro & Cent accounts available. Annual interest rate of 5% on deposits, bonuses available. Forex Industry News. Latest forex brokers. Forex trading carries a high level of risk and may not be suitable for all investors. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. All information on ForexBrokerz.com is only published for general information purposes. 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