InstaForex App Review: Trade Forex Like a Pro
Learn why the InstaForex app is the best choice for you who want to trade professionally directly on your phone。From expert analysis to advanced charts, here are the reviews。
Learn why the InstaForex app is the best choice for you who want to trade professionally directly on your phone。From expert analysis to advanced charts, here are the reviews。
Today, Forex traders need an easy-to-use mobile app that can be accessed anytime, anywhere。InstaForex Broker's App InstaForex App is an example。
InstaForex mobile app is designed to be simple and therefore easy to use。In addition, it also provides many functions that allow you to use your smartphone to trade like a professional。
These features include expert analysis, trading signals, Tradingview charts, forex calendars and beginner tutorials。
InstaForex Applications at a Glance
If you have an InstaForex account and want to trade with your phone, then this trading app is a great option。With this application, you can trade directly on your MT4 or MT5 account (whether it is a demo account / live account) without downloading。Since it uses the Tradingview charting system, it is also equipped with many charts, indicators and tools。
Not only that, the app also supports 14 languages, including English, Russian, Ukrainian, Indonesian, Malay, Czech, Slovenian, Polish, Hungarian, Italian, Spanish, Portuguese and Hindi。
The InstaForex app has been downloaded more than a million times on the Play Store, gaining 4 out of 13.8 million user reviews..4 / 5.High score of 0。
iPhone users can also find the app on the App Store。
InstaForex App Details:
Account Type | MT4 and MT5 |
Trading instruments | Forex, Stocks, Cryptocurrencies, Metals, Energy, Indices, Futures |
Analysis function | Forex News, Fundamental and Technical Analysis, Forex Calendar by Professional Analysts |
Chart Type | bars, candles, hollow candles, heikin ashi, high-low, line, area, baseline |
Pending Order | Buy Limit, Sell Limit, Buy Stop, Sell Stop |
Indicators | More than 100 |
Time frame | M1, M5, M15, M30, H1, H4, D1, W1, MN |
Leverage | up to 1:1000 |
Minimum system requirements | Android 6.0 and up, or iOS 12.0 or later |
Download size | 52 MB (Android), 89.1 MB (iOS) |
InstaForex trading like a professionalApp
The InstaForex mobile app has 5 main features that make your trading experience feel professional。Let's explain these functions in detail:
1.Opinion
Like the center of expert analysis, forecasts, trading plans and news provided by InstaForex brokers, including technical aspects and fundamentals。It is divided into 5 sub-sections: Hot, Analytics, Novice Reviews, Forex News and Forex TV。
HOT
Top Views are where you look for trending or more viewed analyses。The explanations of these analyses are detailed and easy for beginners to understand。
It is not only about Forex, but also about Gold (XAU / USD), Stocks and Cryptocurrencies。This helps the trader to have a clear picture of what is happening and how the price is likely to move in the future。
分析
In Analytics, you can find a complete list of expert analyses on Forex, Gold, Stocks and Cryptocurrencies, including both fundamental and technical details。
You can also get InstaForex forecasts and trading plans for large currency pairs such as EUR / USD, USD / JPY, GBP / USD。If you like video analytics, there are also forex analytics videos and market updates to make your trading decisions smarter。
User Comments
In User Reviews, you can view forecasts of currency pair movements。These InstaForex forecasts are accompanied by trading tips related to the current price。
In addition, there is a useful trading plan to let you know when to enter the market。The program considers both technical and fundamental aspects, with a particular focus on news releases during the New York or London trading sessions.。
Forex News
Forex News shares the latest economic information such as NFP and other important release information。It will also tell you the highest or lowest price at a certain time, such as when the USD / JPY has fallen to its lowest point in the past 3 months。
Forex TV Channels
InstaForex's Forex TV channel provides you with fast, direct analysis, forecasts and hot market updates。Forex TV is a good choice if you like to get analysis through video。
2.Transaction
The "Trading" section of the InstaForex app displays your current open positions, pending orders and flat positions.。Now you don't have to open the MetaTrader platform on your desktop to view your positions。
In addition, you can organize your open positions, pending orders, and trading history by time periods such as today, yesterday, last week, or last month。
3.Watch List
The Watch List feature provides multiple sub-tabs such as Favorites, Top, Forex, Stocks, Cryptocurrencies, Metals, Energy, Indexes, and Futures。To view the chart, simply click on the asset you are interested in。Favorites contain a list of your favorite InstaForex trading assets。Adding assets in this tab is very simple-just press and hold the asset you want for a few seconds until two options appear, then select "Add to Favorites"。This allows you to quickly access the price chart of your preferred asset without scrolling down too much。
At the same time, the "Hot" section shows which assets are trending or frequently used by traders。For example, EUR / USD, GBP / USD, gold, CL, BTCUSD, etc.。
Other tabs labeled with tool names contain the following assets:
- Forex: More than 100 major currency pairs, cross currency pairs and special currency pairs。
- Stocks: More than 80 U.S. stocks from different industries, such as Apple (AAPL), Amazon (AMZN), Google (GOOG), etc.。
- Cryptocurrencies: 12 Cryptocurrency Spot and 12 Cryptocurrency Futures Contracts。
- Metals: Gold (XAUUSD) and Silver。
- Energy: 22 energy assets such as raw light sweet oil (CL) and natural gas (NG)。
- Indices: 15 stock indices from different countries, such as FTSE, SPX, NDX, etc.。
- Futures: 19 futures, including lean pig futures (HEG24), soybean futures (ZLH24), etc.。
4.Service
This cool feature of InstaForex will give your trading a professional touch。It has 4 sub-tabs: Forex Calendar, Signals, Modes and Training。
Forex Calendar
Forex calendar shows economic news from over 70 countries。The news is color-coded to show the degree of impact of low (green), medium (orange) and high (red)。InstaForex also allows you to select the countries you want to see and the level of influence。
Signal
Signals indicate trading opportunities for all assets。Signals are generated based on candlestick patterns and key levels of real-time markets。As with the calendar, you can also filter signals by assets to focus on what interests you。
trading mode
Modes Display trading prospects based on chart patterns for different time frames。InstaForex divides the intensity of these opportunities into three levels: low (green), medium (orange), and high (red)。You can filter by tools, chart patterns, time frames, trends, and intensity to see patterns that match your strategy。
Training
In the "Training" section, you can find easy-to-understand text and video educational content。It covers everything from basic knowledge to technical and fundamental analysis。If you want to go deeper, there are also InstaForex courses to choose from。This feature basically shows how InstaForex welcomes and cultivates novice traders through the mobile app.。
5.Advanced Charts and Trading
Thanks to the support of TradingView, the charts here are of top quality。In addition to common candle charts and line charts, you can also choose 8 types of charts。Options include bar charts, hollow candle charts, Heikin Ashi, high and low charts, area charts, and baseline charts。
To analyze like a professional, you can tap the "full screen" icon to make the screen full screen。In full screen mode, there are many drawing tools, you can even add emojis on the chart。In addition, you can use more than 170 indicators, much more than the desktop versions of MetaTrader 4 and MetaTrader 5。
When it comes to execution, it's super simple。InstaForex simplifies the button for entering the number of lots with the multiplier on the right。It is also easy to set stop loss (SL) and take profit (TP) - just click the SL / TP button at the bottom left。
If you want to use a pending order, just click the "stopwatch" icon in the middle of the bottom to easily set the desired price。
InstaForex App User Reviews
There are two main things that users say about the InstaForex application: its appearance and authentication。
The design of the InstaForex application is simple and easy to use, and people who use it like it。Black on white looks beautiful, the important buttons are blue and red。In addition, many traders praised technical analysis plotting tools, although these still lack personalization.。
On the other hand, some users have opinions about the verification process。They say that even if they try many times, they often fail.。Users expect Instaforex to resolve this issue as soon as possible。
Finally
InstaForex app has many features and services to help you trade like an expert。Ideas functionality combines expert analysis, forecasting and trading planning to give you a comprehensive view of different financial products。The "Trading" section shows real-time updates, making it easy to keep an eye on your money, and you don't even need a big computer。
At the same time, the "watch list" allows you to organize what you like, while the "services" section has important tools such as calendars, signals and learning content。
InstaForex partners with TradingView to deliver fancy charts, and InstaForex has a variety of charts, tools, and more than 170 indicators to help you get better at analyzing anytime, anywhere。People who use it love its simplicity and the charts。Whether you are just starting out or have already mastered a lot of knowledge, this application can meet your needs and let you trade like a professional。
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