InstaForex Forex Broker -Full Rating Analysis (v.2)
InstaForex Forex Broker General Rating
InstaForex RATING SUMMARY | ||
MAX | ACHIEVED | |
1.Reliability | 28.00% | 9.15% |
2.Competition | 30.00% | 24.00% |
3.Trading-Options | 26.00% | 24.00% |
4.Technology | 16.00% | 10.00% |
Overall Rating | 100.00% | 67.15% |
InstaForex Rating Analysis
INSTAFOREX RATING ANALYSIS | ||||
TOTAL RATING | 100.0% | InstaForex Broker | ||
Weight Analysis | Factor Analysis | 67.15% | ANALYSIS | |
1. FOREX BROKER CREDIBILITY | 28.00% | FACTOR-1 ANALYSIS | 9.15% | InstaForex Credibility Analysis |
1.1 InstaForex Level of Regulation | 12.00% | FSC (BVI)=1.0%, CYSEC=3.0%, CBI=4.0%, ASIC=4.0%, BaFIN=5.0%, FSA (UK)=6.0%, FINMA=8.0% and MiFID=+4.0% | 3.00% | InstaForex is regulated by RAFMM = (max) 3.0% |
1.2 InstaForex Headquarters Base | 5.00% | Offshore=0%, Cyprus=2.0%, Ireland, Australia=4.0%, USA, UK, Germany, France, Switzerland=5.0% | 3.00% | InstaForex Home Base is in Russia = 3.0% |
1.3 InstaForex Years in the Market | 4.00% | 0-2 Years=0%, 2-4 Years =1.0%, 5-7 Years=2.0%, 7-10 Years=3.0%, 10+ Years =4.0% | 2.00% | InstaForex was found in 2007 and went online in 2008, 5-7 years = 2.0% |
1.4 US Traders | 2.00% | Yes=2.0 or No=0 | 0.00% | InstaForex doesn't allow US traders =0% |
1.5 InstaForex Web Ratings (Usage for differentiating results) | 5.00% | 2 Ratings: ForexPeaceArmy Rating=2.5%, EarnForex Rating=2.5% | 1.15% | InstaForex FX FPA= 0 / 5 & Earn Forex = 4.6 / 10.00, Total = 2.3 / 10.00 = 1.15 / 5.00 |
2. FOREX BROKER COMPETITION | 30.00% | FACTOR-2 ANALYSIS | 24.00% | InstaForex Competition Analysis |
2.1 InstaForex Offering Spread (EUR/USD) | 12.00% | EUR/USD Spread <0.5=12.0%, <0.6=11.0%, <0.7=10.0%, <0.8=9.0%, <0.9=8.0%, <1.0=7.0%, <1.25=6.0%, <1.50=5.0%, <2.0=4.0%, <2.5=3.0%, <3.0=2.0%, <3.5=1.5%, <4.0=1.0%, >4%=0 | 12.00% | InstaForex minimum EUR/USD Spread is between 0 and 3 pips = 12.0% |
2.2 InstaForex Commissions on Trading | 7.00% | No Commissions=7%, Low Commissions=4%, Low to Medium Commissions=3%, Medium Commissions=2%, Medium to High Commissions=1%, High Commissions=0 | 3.00% | Yes, some Commissions are charged by InstaForex when trading Forex. |
2.3 InstaForex Commissions on Deposit / Withdrawal | 2.00% | Yes=0 or No=2.0% | 0.00% | Yes, Withdrawal Commissions are charged by InstaForex = 0% |
2.4 InstaForex Maintenance Fees | 2.00% | Yes=0 or No=2.0% | 2.00% | No Maintenance Fees |
2.5 InstaForex Rate of Leverage | 4.00% | 400%+=4.0%, 350%=3.5%, 300%=3.0%, 250%=2.5%, 200%=2.0%, 150%=1.5%, 100%=1.0%, <100%=0% | 4.00% | Max Leverage at InstaForex is up to 1 / 10,000 = 4.0% |
2.6 InstaForex Customer Service Quality | 3.00% | 24/7=1%, 24/6=0.5%, 24/5=0%, Phone=1.0%. Live Chat=1.0%, Skype=1.0% | 3.00% | InstaForex provides 24/7=1%, Phone=1%, Live Chat=1%, Total = 3.0% |
3. FOREX BROKER OPTIONS | 26.00% | FACTOR-3 ANALYSIS | 24.00% | InstaForex Trading Analysis |
3.1 InstaForex Availbale Forex Currencies | 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 120+ Forex Currencies =8.0% |
3.2 InstaForex Other Financials Available | 2.00% | Commodities=1.0%, Energy=1.0%, CFD trading=1.0% | 2.00% | Commodities, Energy CFD Trading = (max) 2.0% |
3.3 InstaForex Bonus / Rebate Rate | 8.00% | Bonus / Rebate >40%=8.0%, >35%=7.0%, >30%=6.0%, >25%=5.0% >20%=4.0%, >15%=3.0%, >10%=2.0%, >5%=1.0 | 6.00% | Welcome Bonus up to 30% = 6.0% |
3.4 Scalping Allowance | 1.50% | Yes=1.5% or No=0% | 1.50% | InstaForex allows Scalping under conditions = 1.5% |
3.5 Hedging Availability | 1.50% | Yes=1.5% or No=0% | 1.50% | Yes InstaForex allows hedging = 1.5% |
3.6 InstaForex Number of Deposit Methods | 2.50% | For each deposit method available=0,5%, max=5 methods | 2.50% | 4+ methods available by InstaForex (Credit Cards, Bank Wire, CashU, Liberty Reserves, MoneyBookers) = (max) 2.5% |
3.7 InstaForex Number of Withdrawal Methods | 2.50% | For each withdrawal method available=0,5%, max=5 methods | 2.50% | 4+ methods available by InstaForex (Credit Cards, Bank Wire, CashU, Liberty Reserves, MoneyBookers) = (max) 2.5% |
4. FOREX BROKER TECHNOLOGY | 16.00% | FACTOR-4 ANALYSIS | 10.00% | InstaForex Technological Analysis |
4.1 InstaForex Available Platforms | 5.00% | Each Supported Platform=1%, max=5 | 2.00% | MetaTrader4 and MetaTrader5 platforms are available at InstaForex = 2.0% |
4.2 API Trading Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | Yes, trading API is provided at InstaForex = 1.0% |
4.3 Automated Trading (Expert Advisors) | 2.00% | Yes=2.0 or No=0 | 2.00% | InstaForex allows signals from Expert Advisors = 2.0% |
4.4 InstaForex Mobile Devices Support | 2.00% | Each Supported Device=0,5% (iPhone, iPad, Android, Windows Mobile, Blackberry), max=4 | 1.50% | InstaForex provides applications for Android and Blackberry devices plus an extra Web Mobile trader = 1.5% |
4.5 InstaForex MT4 / MT5 Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | Yes, InstaForex offers MT4, MT5 |
4.6 InstaForex Level of Innovation | 5.00% | High Innovation=5%, Medium Innovation=2.5% | 2.50% | Medium Innovation (offering wide range of Fx currencies, Automated Trading, Many Trading Options) |
InstaForex Rating Analysis
Online Forex (2012)