Registration Process
Registering for a new trading account at InstaForex involves the following simple steps:
- Visit the official InstaForex website and click “Open a Trading Account.”
- Select the account type that best suits your needs (Standard, Cent, Islamic, ECN, VIP, etc.).
- Complete the registration form by providing your personal details (name, date of birth, contact information) and residential address. Double-check the accuracy of the information provided.
- Choose your preferred base currency for the trading account.
- Agree to the terms of service and confirm that you are of legal age and understand the risks involved in trading financial instruments.
- Upon completing the registration, you will receive your unique trading account number (login) and a temporary password via email.
It is crucial to keep your login credentials safe and avoid sharing them with anyone to maintain the security of your trading account.
After opening your account, you will need to go through the verification process by providing documents that confirm your identity and residential address. This is a standard procedure to comply with anti-money laundering and Know Your Customer (KYC) regulations.
Choosing an Account Type
InstaForex offers several trading account options to cater to different trader needs and experience levels:
Standard Account – Suitable for most traders, providing access to all trading instruments with fixed spreads. This account type is recommended for traders familiar with forex and CFD trading.
Cent Account – Designed for beginner traders, allowing them to open positions with minimal trade sizes (micro-lots). This account is ideal for practicing trading strategies with limited risk exposure.
Islamic Account – Provides swap-free operations compliant with Islamic banking principles, making it suitable for Muslim traders.
ECN Account – Offers direct access to liquidity providers and no-requote order execution for experienced traders seeking tighter spreads and faster order execution.
VIP Account – A premium option with a personal account manager, enhanced trading conditions (tighter spreads, higher leverage), and increased limits on trade sizes and withdrawals.
Account Verification
To comply with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations, InstaForex requires account verification for all clients. This process involves providing:
- A copy of your valid government-issued identification document (passport, national ID card, driver’s license)
- Proof of residential address (utility bill, bank statement, or any official document issued within the last 3 months)
- Additional documentation may be required for certain countries or cases (e.g., proof of income source, bank reference letter)
The verification process ensures that InstaForex adheres to regulatory requirements and helps prevent fraudulent activities, protecting both the broker and its clients.
Upon successful verification, you will be able to conduct trading operations, withdraw funds, and access the full range of services offered by InstaForex without any restrictions.
It’s crucial to provide clear and legible copies of the required documents to avoid any delays in the verification process. InstaForex’s compliance team may request additional documents or clarification if necessary.
Document Upload
To streamline the verification process, InstaForex provides a secure online platform for uploading the required documents directly from your personal area. Follow these steps:
- Log in to your InstaForex client area.
- Navigate to the “Verification” or “Upload Documents” section.
- Select the document type you wish to upload (e.g., Proof of Identity, Proof of Address).
- Browse and select the file(s) from your device.
- Review and confirm the uploaded documents.
Alternatively, you can send the required documents via email to the InstaForex compliance department or visit one of the company’s local representative offices for in-person verification (if available in your region).
FAQ Section
Registering for a new account at InstaForex typically takes no more than 5-10 minutes. After that, the client is granted access to the client area and trading platforms. The verification process may take additional time, depending on the speed of document submission and review by the compliance team.
Yes, InstaForex clients can open an unlimited number of trading accounts for personal use. This allows you to utilize different account types, currencies, and strategies. However, each account will require separate registration and verification.
InstaForex typically requests a copy of your valid government-issued identification document (passport, national ID card, or driver’s license) and a document confirming your residential address (utility bill, bank statement issued within the last 3 months). Additional documentation, such as proof of income source or a bank reference letter, may be required in certain cases or countries.