Comparison of 3 trading accounts in Instaforex
InstaForex offers 3 types of trading accounts, which can be customized according to the conditions and needs of traders。
InstaForex offers 3 types of trading accounts, which can be customized according to the conditions and needs of traders。
Choosing a trading account requires careful consideration, including fee percentage, minimum deposit, minimum trade size, spread, leverage, etc.。Professional forex broker is best to have various types of trading accounts for traders to choose from。
InstaForex, as one of the most popular Forex brokers for traders, offers 3 types of accounts that can be customized according to the conditions and needs of traders, helping traders create successful trading strategies。
InstaForex classifies account types based on the calculation of spreads and commissions, and traders can choose according to their needs and strategies。In this article, we will compare 4 types of InstaForex trading accounts, you can continue reading to find the information you need:
- Insta.Standard: Provides a user-friendly and cost-effective trading experience for traders who want to trade without additional fees。
Insta.Eurica: Offers zero spreads, simple trade execution, suitable for experienced traders and novice traders。
Cent.Standard: Provides a fixed spread with minimal risk and no additional costs。
Cent.Eurica: provides a low-risk environment for testing strategies, charges 0.03% -0.07% of the cost。
Each InstaForex account type is suitable for different trader profiles and offers unique features, here are the full details:
1. Insta.Standard
Such accounts are related to the minimum standards for trading in the Forex market, allowing traders to access all trading tools in InstaForex。After gaining access, the trader is required to pay a fixed trading spread。
Insta.Standard accounts implement fixed spreads at no additional cost, and the main advantage of this account type is its versatility。Register with InstaForex and select Insta.After a Standard account, traders can change their trading leverage and use a deposit size that suits their personal preferences。
The function of the account allows trading with Micro Forex (minimum deposit 1-10 USD), Mini Forex (minimum deposit 100 USD) and Standard Forex (minimum deposit 1000 USD)。
2. Insta.Eurica
with Insta.Standard is different, Insta.Eurica does not need to pay spreads when opening positions and is suitable for traders seeking zero spreads to support their strategies。Nevertheless, each position is charged 0.03% -0.07% commission to compensate for the spread。
This InstaForex account type is also suitable for professional traders as it works with Insta.Standard account types have the same trading characteristics。
3. Cent.Standard
Cent.Standard is designed for beginners who are still learning to trade, the account offers a very small minimum volume of 0.0001 Hands。In addition, Cent.Standard Account and Insta.Standard accounts have the same trading terms, allowing users to implement fixed spreads at no additional cost。
InstaForex is an international broker offering trading services to traders worldwide。Since its inception in 2007, InstaForex has served up to 7 million traders from various countries.。InstaForex, headquartered in Kaliningrad, Russia, is always committed to improving the quality of the company in order to attract the hearts of customers。
InstaForex's efforts are there for all to see, and one of them is winning various awards, including the 2018 Best Forex Cryptocurrency Trading Platform from the UK Forex Awards, the 2018 Best ECN Broker in Asia from IBM, the 2018 Eastern European Forex Broker of the Year Award from Lee, the 2016-2017 Financial Olympus Fonti Award, Development Award and Success Award, among others.。
InstaForex offers 4 types of accounts that represent a common trading tool that helps to operate on international financial markets, such as Insta.Standard, Insta.Eurica, Cent.Standard and Cent.Eurica。The type of trading account varies depending on the method of calculating spreads and commissions and is selected by the account opening trader。
Insta.Standard accounts are linked to standard trading terms on the Forex market and allow trade settlement using classic spreads with no fees。Traders are charged a fixed spread every time they make a trade, with a spread range of 3-7 points。The main advantage of this type of account is its versatility, as the trader can change the trading leverage and use the convenient trader's deposit size。
with Insta.Standard account is different, Insta.The Eurica account does not need to pay any spreads when opening positions.。Therefore, such InstaForex account is suitable for a minimum trading volume of 0.01 hands of a beginner trader。
InstaForex also has other types of accounts, namely Cent.Standard and Cent.Eurica, available for beginners because they can use the smallest trading volume, which is 0.0001 lots (cost per lot is 0.1 cent)。The deposit currencies available to traders are EUR and USD (for all types of accounts)。
Trading at InstaForex is taken for granted as traders can choose to trade with leverage between 1: 1 and 1: 1,000。Since the minimum initial deposit requirement is only $1 (for all types of accounts), InstaForex customers have the opportunity to receive a 30% to 100% deposit bonus。
Not only that, beginners will not be confused when determining a forex trading strategy because the ForexCopy service provided by Instaforex allows traders to copy orders from professional traders in just a few minutes。
In addition, InstaForex provides traders with about 300 trading tools, in addition to currency pairs, there are futures, stocks, gold, silver, CFDs, Bitcoin, etc.。
Every InstaForex client is free to choose the trading platform that suits their needs。There are four types of trading platforms available, including InstaBinary, WebIFX, MetaTrader4 and MetaTrader5, each with advantages and disadvantages。InstaForex also offers video tutorials on how to register on each platform with the aim of making it more convenient for beginner traders who want to join InstaForex。
If traders are still confused after watching the video tutorials, traders can reach out to customer service 24 hours online via various social media including email, Skype, Whatsapp, Telegram, Viber, Twitter and phone。About 30 languages are available on the InstaForex website to facilitate traders from different countries。
Traders can also use the trading calculator available on the InstaForex website to help themselves and can accumulate currency pairs, leverage, trading volume and currency used。
InstaForex also has a variety of payment systems, with traders paying for deposits via Visa, Mastercard, Skrill, Neteller, PayCo and wire transfers.。All in all, InstaForex is a comprehensive broker for many types of traders。
4. Cent.Eurica
These account holders and Insta.Eurica account holders have the same trading requirements and the only limit on the account is the maximum deposit amount, a limit designed to allow traders to focus more on checking the least risky trading strategy。with Cent.An additional 0% increase in user fees for this account compared to the Standard type.03% -0.07%。
In general, the following is a clear comparison between all InstaForex account types:
FEATURES | Insta.Standard | Insta.Eurica | Cent.Standard | Cent.Eurica |
Currency of deposit | Euro, US Dollar | Euro, US Dollar | Euro cents, US cents | Euro cents, US cents |
Minimum transaction size | 1 USD | 1 USD | 1 USD | 1 USD |
💰Maximum transaction size | Unlimited | Unlimited | US $1,000 | US $1,000 |
🔢Point difference | 3-7 | 0 | 3-7 | 0 |
💸费用 | 0 | 0,03% - 0,07% | 0 | 0,03% - 0,07% |
📉Minimum Hands | 0.01 Hands | 0.01 Hands | 0.10 hands | 0.10 hands |
📈Maximum Hands | 10.000 hands | 10.000 hands | 10.000 hands | 10.000 hands |
⚖Leverage | 1:1-1:1000 | 1:1-1:1000 | 1:1-1:1000 | 1:1-1:1000 |
🔐Margin | 25% | 25% | 25% | 25% |
☎️Recovery deposit | 30% | 30% | 30% | 30% |
Stop Loss | 10% | 10% | 10% | 10% |
▶ ️ Order Execution | Instant | Instant | Instant | Instant |
Which trading account is right for you?
Based on the above comparison, the following are trading account recommendations for all levels of InstaForex traders:
- Novice Trader: Cent.Standard and Cent.The Eurica trading account is suitable for beginner traders as they are allowed to practice trading with minimal risk using a very small trade size。
Experienced Trader: Insta.Eurica trading account is a good choice for experienced traders。Due to the ease of use of zero spreads and pending orders, it allows traders to focus on technical analysis and improve their trading skills。
Expert Trader: Insta.Standard trading account for expert traders。These accounts provide flexibility in terms of leverage and larger deposit size, suitable for the needs of expert traders。
However, it is important to remember that these are just general recommendations and that choosing the right trading account should also be considered based on personal trading preferences and strategies。
InstaForex It has been operating since 2007 and has more than 15 years of experience, offering more than 300 trading tools, a complete package supporting all levels of traders, and various types of bonuses and trading competitions.。
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.