BrokAIr Reviews

Instaforex Review

"Instaforex is one of the most controversial online brokerages, due to its unusual trading terms and conditions. Is this online broker too good to be true?"

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InstaForex: A Comprehensive Overview

InstaForex is an online forex and CFD broker based in Russia. It is a member of the InstaForex Group, which was established in 2007 by its founders, Andrey Dashin and Dmitry Demin. The company offers traders access to a wide range of financial instruments, such as currencies, commodities, stocks, indices and cryptocurrencies. InstaForex also provides trading platforms that are designed to meet the needs of all kinds of traders, from beginners to experienced professionals.

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Public Opinion

Overall, public opinion of InstaForex is mixed. Some traders view the company favorably due to its range of products, competitive fees and customer support service. Others have criticized the company for its lack of regulation and the absence of MetaTrader 5.

Newsworthy Events

In 2019, InstaForex became a sponsor of FC Anzhi Makhachkala, a professional football club based in Makhachkala, Russia. This move has helped to raise the profile of the company among European sports fans. In 2020, InstaForex signed an agreement with the Financial Commission (FinaCom), an independent external dispute resolution (EDR) organization. This agreement ensures that any disputes between InstaForex and its customers are handled objectively and fairly.