InstaForex Rating Review -Using the Formula V.4.0.
InstaForex Rating Review based on the Forex Brokers Formula v.4.0.
InstaForex Rating Summary
The sum of each Main Factor of InstaForex Rating Analysis (1, 2, 3, 4)
INSTAFOREX RATING SUMMARY | |||
MAX | ACHIEVED | (%) | |
1. Safety of Funds | 26.00% | 12.46% | 47.92% |
2. InstaForex Cost of Transaction | 28.00% | 12.50% | 44.64% |
3. InstaForex Trading-Options | 26.00% | 26.00% | 100.00% |
4. InstaForex Technological Efficiency | 20.00% | 14.50% | 72.50% |
Overall Rating | 100.00% | 65.46% | 65.46% |
InstaForex Rating Analysis
Analysis of each Sub-Factor forming InstaForex total rating result.
RATING ANALYSIS of INSTAFOREX | ||||
TOTAL RATING | 100.0% | InstaForex Broker | ||
Weight Analysis | Factor Analysis | 65.46% | ANALYSIS | |
1. SAFETY OF FUNDS at INSTAFOREX | 26.00% | RATING WEIGHT | 12.46% | InstaForex Credibility Analysis |
1.1 InstaForex Level of Regulation | 12.00% | FSC (BVI) = 1.0%, | CYSEC = 3.0%, | FFMS = 3.0%, | RAFMM = 3.0%, | CBI = 4.0%, | ASIC = 4.0%, | FSC (NZ) = 4.0%, | FSA (UK) = 6.0%, | BAFIN = 6.0%, | NFA = 6.0%, | CFTC = 6.0%, | FINMA = 8.0% | and MiFID = +4.0% | 3.00% | InstaForex is regulated only by RAFMM = 3.0% |
1.2 InstaForex Headquarters Base | 5.00% | General Offshore = 0%, Cyprus , Latvia = 2.0%, Ireland, Spain, Italy, Belgium, Israel = 3.0%, Canada, Australia, New Zeeland = 4.0%, USA, UK, Germany, Scandinavian, France, Switzerland = 5.0% | 3.00% | InstaForex Home Base is in Russia = 3.0% |
1.3 InstaForex Years in the Market | 5.00% | 0-1 Years = 0 %, 2-5 Years = 2.0 %, 5-10 Years = 4.0 %, 10+ Years = 5.0 % | 4.00% | InstaForex was founded in 2007 and went online since 2008, 5-10 years = 4.0% |
1.4 InstaForex Segregated / Bank Accounts | 2.00% | Yes = 2.0 %, No = 0.0 % | 2.00% | Yes to segregated accounts = 2.0% |
1.5 InstaForex Web Ratings (Usage for differentiating results) | 2.00% | ForexPeaceArmy Rating = 1.0 %, | EarnForex Rating = 1.0 % | 0.46% | InstaForex FPA= 0 / 5 & Earn Forex = 4.6 / 10.00, Total = 2.3 / 10.00 = 0.46% |
1.6 (+) ADJUSTMENTS | ||||
1.6.1 Size Factor | 1.00% | More than 1 Million Traders = +1.0 % | 0.00% | About 500.000 accounts, not met |
2. TRADING COST at INSTAFOREX | 28.00% | RATING WEIGHT | 12.50% | InstaForex Competition Analysis |
2.1 InstaForex Typical Spread on EURUSD | 8.00% | < 0.3 pip = 8.0%, | <0.4 pip = 7.5%, | < 0.5 pip = 7.0%, | <0.6 pip = 6.5% | <0.7 pip = 6.0%, | <0.8 pip = 5.5%, | <1.0 pip = 5.0%, | < 1.25 pip = 4.5, | < 1.5 pip = 4.0%, | <1.75 pip = 3.5%, | >2 pip = 3.0%, | < 2.5 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% | 0.50% | Typical Fixed spread measured at 3 pips = 0.5% |
2.2 InstaForex typical Spread on GBPUSD | 5.00% | < 1.0 pip = 5.0%, | <1.25 pip = 4.0%, | < 1.5 pip = 3.0%, | < 1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.25 pip = 1.5%, | < 2.5 pip = 1.0% | < 3 pip = 0.5% | 0.50% | Typical Fixed spread measured at 3 pips = 0.5% |
2.3 InstaForex typical Spread on USDJPY | 4.00% | < 1.0 pip = 4.0%, | <1.25 pip = 3.5%, | < 1.5 pip = 3.0%, | <1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% | 0.50% | Typical Fixed spread measured at 3 pips = 0.5% |
2.4 InstaForex Trading Commissions | 7.00% | No Commissions = 7% | Commissions < $5 / lot = 3% | Commissions < $8 / lot = 1% | Higher Commissions = 0% | 7.00% | No commissions for accounts rated in 2.1, 2.2 and 2.3 = 7.0% |
2.5 InstaForex Deposit / Withdrawal Commissions | 2.00% | No = 2.0 %, | Yes = 0 %, | 1-Free / Month = 0.5 % | 0.00% | Yes, Withdrawal Commissions by InstaForex = 0.0% |
2.6 InstaForex Maintenance and Inactive Fees | 2.00% | No = 2.0 %, | Yes = 0 % | 2.00% | No Maintenance Fees by InstaForex = 2.0% |
2.7 (+) ADJUSTMENTS | ||||
2.7.1 InstaForex Execution | 2.00% | ECN = +2.0 % / STP = +1.5 % | Market Makers = +0.0% | 2.00% | ECN order execution = +2.0% |
3. TRADING OPTIONS at INSTAFOREX | 26.00% | MAX 26% FILTER ACTIVATED | 26.00% | InstaForex Trading Analysis |
3.1 InstaForex Forex Asset Index | 8.00% | 45+ Currency Pairs = 8.0%, | 40+ Currency Pairs = 7.0%, | 35+ Currency Pairs = 6.0%, | 30+ Currency Pairs = 5.0%, | 25+ Currency Pairs = 4.0%, | 20+ Currency Pairs = 3.0%, | 15+ Currency Pairs = 2.0%, | 10+ Currency Pairs = 1.0%, | Less than 10 pairs = 0% | 8.00% | InstaForex offers more than 120 Fx pairs = 8.0% |
3.2 InstaForex CFD and Spot Trading | 2.00% | CFD Trading = 2.0 % | Only Spot = 1.0 % | Nothing = 0% | 2.00% | CFD Trading is available |
3.3 InstaForex Demo / Practice Account | 2.00% | Yes = 2.0 %, No = 0.0 % | 2.00% | Yes to Demo Accounts |
3.4 Leverage at InstaForex | 2.00% | >100:1 = 2.0%, | > 75:1 =1.5%, >50:1 = 1.0% | 2.00% | Max Leverage at InstaForex is 10,000:1 = (max) 2.0% |
3.5 InstaForex Bonus & Rebate | 6.00% | Max 6% Filter Activated | 6.00% | |
3.5.1 InstaForex Bonus (%) | Bonus (Higher or Equal): >50% = 6%, | >40% = 5%, | >30% = 4%, | >20% = 3%, | >15% = 2%, | >10% = 1% | 30% Deposit Bonus = 4% | ||
3.5.2 InstaForex Rebate (%) | Rebate (Higher or Equal): >30% = 6%, | >25% = 5%, | >20% = 4%, | >15% = 3%, | >10% = 2%, | >5% = 1.0% | 30% Trading Rebate = 4% | ||
3.6 InstaForex Typical Deposit | 1.00% | Min Deposit < $500 = +1%, | Min Deposit < $1,000 = +0.5% | 1.00% | Typical deposit is just $1 = 1.0% |
3.7 InstaForex Fund / Deposit Methods | 2.50% | For each deposit method available = 0,5%, max = 5 methods | 2.50% | 5 methods available by InstaForex (Credit Cards, Bank Wire, CashU, Liberty Reserves, MoneyBookers) = (max) 2.5% |
3.8 InstaForex Fund / Withdrawal Methods | 2.50% | For each withdrawal method available = 0,5%, max = 5 methods | 2.50% | 5 methods available by InstaForex (Credit Cards, Bank Wire, CashU, Liberty Reserves, MoneyBookers) = (max) 2.5% |
3.9 (+) ADJUSTMENTS | ||||
3.9.1 Offering 100+ Currency Pairs | 1.00% | Yes = 1.0 % / No = 0 % | 1.00% | Yes, more than 120 Forex pairs available = +1.0% |
3.9.2 Interest on Funds | 0.50% | Yes = 0.50 %, No = 0.0 % | 0.50% | 5% annual interest in free Funds -On all types of accounts = +0.5% |
3.9.3 InstaForex Competitions / Championships | 0.25% | Yes = 0.25 % / No = 0 % | 0.25% | Many contests from InstaForex = +0.25% |
4. INSTAFOREX TECHNOLOGICAL EFFICIENCY | 20.00% | RATING WEIGHT | 14.50% | InstaForex Technological Analysis |
4.1 InstaForex Available Platforms | 5.00% | Each Supported Platform = 1.0%, max = 5 platforms | 2.00% | Offers MetaTrader4 and MetatTrader5 = 2% |
4.2 InstaForex Slippage | 4.00% | Slippage < 0.5 pip = 4.0% | Slippage < 0.75 pip = 3.5% | Slippage < 1 pip = 3.0% | Slippage < 1.25 pip = 2.5% | Slippage < 1.5 pip = 2.0% | Slippage < 1.75 pip = 1.5% | Slippage < 2.0 pip = 1.0% | 1.00% | Slippage about 2 pips = 1.0% |
4.3 InstaForex Automated Trading | 2.00% | Yes = 2.0 % / No = 0 % | 2.00% | Yes, InstaForex offers MT4, MT5 |
4.4 InstaForex MT4 / MT5 Availability | 2.00% | Yes = 2.0 % / No = 0 % | 2.00% | Yes, InstaForex provides both MT4, MT5 |
4.5 InstaForex Mobile Trading | 2.00% | Each Supported Device = 0.50 % (iPhone, iPad, Android, Windows Mobile, Blackberry), max = 4 devices | 1.50% | InstaForex offers apps for Android and Blackberry devices plus an extra Web Mobile trader = 1.5% |
4.6 InstaForex Scalping / Hedging Policy | 1.00% | Yes both = 1.0 % | Yes only Hedging or Scalping = 0.5% | No = 0 % | 1.00% | Yes to both methods = 1.0% |
4.7 InstaForex Customer Service | 4.00% | 24/7 = 1.0 %, | 24/6 = 0.5 %, | 24/5 = 0 %, | email = 1.0%, | Phone = 1.0 %. | Live Chat = 1.0 %, | Skype = 0.5 %, | Call-Back = 0.5 % | 4.00% | InstaForex offers 24/7=1%, email=1%, Phone=1%, Live Chat=1%, Total = (max) 4.0% |
4.8 (+) ADJUSTMENTS | ||||
4.8.1 InstaForex PAMM / Managed Accounts | 0.50% | PAMM = 0.5 % / Simple Managed = 0.25%, No = 0 % | 0.50% | Yes to PAMM accounts = +0.5% |
4.8.2 InstaForex API Trading | 0.50% | Yes = 0.5 % / No = 0 % | 0.50% | Yes, API trading avaialble at InstaForex = +0.5% |
InstaForex Special Metrics
These are the special metrics for InstaForex according to the three categories of trading experience. The rating results are based on the different weights of the same formula.
INSTAFOREX SPECIAL METRICS | |
(based on sub-formulas) | RATING (max=100%) |
InstaForex Overall Rating | 65.46% |
Forex Beginners | 54.99% |
Advanced Traders | 62.28% |
Pro Traders | 63.42% |
■ InstaForex Rating Review
FxPros.net
L MORE on FXPROS.NET • LEARNING • COMPARE • RATINGS
□ Forex Rating Formula v.4.0
□ Broker Reviews
□ Broker Ratings
► Getting Started with Forex
► Algorithmic Trading
► Trading Systems
► Comparing Broker Ratings
► How to Choose a Forex Broker
► IC Markets Rating
► RoboForex Rating
► LQDFX Rating
► FxOpen Rating