InstaForex (InstaTrade Corporation) – ECN-broker provides on-line trading services on the international financial Forex market and trading of contracts for difference CFD services. The name of the company comes from the eng. “instant” and “Forex”, which means “instant execution of orders on the Forex market”
InstaForex project was founded in 2007 by InstaTrade Corporation as retail broker on the financial Forex market. Right after the registration the contract was concluded with one of the leading companies in software engineering for financial markets – MetaQuotes Software. That is how InstaForex started working on the market of brokerage services all over the world. During the first couple of months of InstaForex operations the contracts were concluded with the major western contra-agents, which provides access to the banking currency market. For providing informational support to the clients agreements were signed on the news providing with major media-company on financial markets in the USA – Dow Jones & Company.
InstaTrade Corporation is registered at the British Virgin Islands. Clients’ relationship department, Dealing Department and Marketing department are situated in Kaliningrad (Russia). Moreover InstaForex has many representative offices all over the world: in Russia, Ukraine, Latvia, Kazakhstan, Malaysia, Indonesia, India, Dubai, Iran, China, the USA.
Activities of group of companies InstaForex correspond to Russian and International legislation. InstaTrade Corporation is registered in British Virgin Islands and acts within the juridical bounds of British law. The Headquarters office is in Russia and licenses on brokerage were obtained by group of companies InstaForex, which were granted by the main regulating authority of the Russian Federation – Federal Financial Markets Service (FFMS).
Operation of the company
The main direction of the operation of InstaForex group of companies is providing on-line trading services. Company provides its service in more than 50 countries all over the world, the majority of which are European and Asian countries. Every day more than 300 traders open accounts in InstaForex and invest their funds in currency and stock markets. Nowadays more than 20,000 individuals and corporate customers are InstaForex Clients.
Carrying out dealings and managing trading accounts is occurred by means of the trading system InstaTrader. InstaTrader is software engineered on the basis of MetaQuotes Software company’s product MetaTrader4. Functional possibilities of the trading terminal come to opportunity of the dealings execution on Forex market, receiving market quotations for the main currency pairs, crosses, world stock indexes, receiving news from the market as well as announcements and surveys of the company.