InstaForex
If you are looking for a strong Asian forex broker offering, you are well advised to at least consider InstaForex, as it is one of the most successful brokers to come out of Russia (and that is saying a lot when considering that Alpari and EXNESS are both originally Russian). In fact, InstaForex was named the best broker in all of Asia in 2009 and 2010, beating out some fairly tough competition. Let's look at why:
- Maximum leverage at 1,000:1 *
- No minimum deposit limit - you can deposit $1 if you want
- Recently increased interest on unused margin to 13% per year (yes, 13%, increased from 6% previously)
- Segregated accounts (for accounts of $100,000 or more)
- Tons of contests and lucrative giveaways such as cash and sports cars
- 30% welcome bonus on your first deposit
- Wide range of instruments to trade (over 300, including many fx pairs, CFDs and futures CFDs)
- Swap-free accounts with no extra charges
- No "padded swap rates" on regular non-swap-free accounts
Please note that the execution can be a bit slow at times, but is better than average. Withdrawals are handled quickly and efficiently.
BONUS: InstaForex offers all traders a 30% bonus on ALL deposits (not only initial deposits). There is a trading volume requirement before any bonuses can be withdrawn, and they are very strict about any possible abuse of the bonus system.
Also on offer are numerous competitions and draws, with very valuable prizes such as sports cars, Hummers, and cash.
Risk Disclosure: There is a substantial risk of loss in trading futures and foreign exchange. Please carefully review all risk disclosure documents before opening an account as these financial instruments are not appropriate for all investors.
* The high degree of leverage available in foreign exchange trading can work against you as well as for you. Investors should ensure they are fully aware of the benefits and risks before putting any money on the line.
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