InstaForex – new micro-Forex leader?

December 1st, 2009

Dmitry Savchecnko, InstaForex deputy director gave an interview to the traders’ online-magazine “Stock exchange leader”. We have translated it for our blog-readers.

Is Forex broker a casino, and is MT4 a new form of roulette wheel?

SEL: The number of dealing centers amounts to tens and always increases. Traders’ opinion concerning a broker as about a group of businessmen, who bought MT4 trading terminal (“roulette without risk of loss”) and collect money with the only aim to share it between each other, is not a secret for you. 97% of traders lose their money themselves, 3% are helped by dealing centers, those who succeed to earn are not given with their profit by brokers. There are already 5 cases of profit not paid by different Forex brokerage companies among the Academy audience. Is traders’ opinion about dealing centers and Forex-brokers correct or not?

DS: It is rather true. Forex-brokers are reflection of our life, which has everything in, and it is important to distinguish one from another. There are dealing centers and brokers in Russian Federation as well as abroad, which fall under the described scheme. Every trader should be able to pay his/her attention to nuances, which really can help to tell a safe broker from a “bucketshop”.

How can trader tell respectable broker from a “bucketshop”?

DS: All criteria of a trustful broker, which you can find in the Internet (paid hosting, analytics and so on), became obsolete – all have paid sites and almost every broker provides analytics. Search an answer to your question in 2 directions:

- who, when and why has established his/her dealing center?

- how much has he/she invested in the business?

If you see ads, how “a group of experienced traders” left trading with no reason and decided to felicitate people by opening a new brokerage company… or how quite new dealing center suddenly announces about unexampled trading conditions, I doubt whether it is something serious. However, there are so many traps in our live, so it is hard to remember, which one you have not been lured into yet.

SEL: Ok. Let’s consider an exact example. I am a trader, who would like to open 1000 US dollars account with you. What does happen to my money, especially if I start making profit?

DS: Nothing really will happen to your funds. They will be at your balance and be increasing or reducing in accordance with the effectiveness of your work. InstaForex is a major international Forex-broker with more than solid investments. We make profit only by spread. We came into the market not for 1 month or 1 year. We are going to stay there as long as it will be possible. That is why it is inexpediently for us to apply “dirty schemes” or play with trust management. We have formed client’s portfolio, that is why we successfully develop due to the only and absolutely transparent source of income – spread from deals.

So I would like to advice once again all active and potential clients to separate the wheat from the tares.

Why does InstaForex gift Hummers to the best traders?

SEL: Who established InstaForex Company and what for? I watch you for a long time. At first, big prizes for contests among demo-accounts, then the greatest campaign in the Internet “Hummer H3 to a jammy fellow”. Are the costs repaid in circumstances of the global financial crisis?

DS: You hit the mark, the sense of our company and its difference from other world brokers is work for future. InstaForex Companies Group is a group of investment companies from different corners of the Earth, understanding well that investments as distinct from currency speculations are LONG-term projects.

Why did we come to the brokerage service market and start occupying it intensively? Because we saw who and what for launches brokerage companies and what services are provided to traders. It looks terrible from the inside. Our style is unique, we first started investing in traders, who need to be brought up. The majority of dealing centers (in contrast with investors) absolutely don’t need it.

SEL: We have noticed this by InstaForex relation to Masterforex-V Academy. While some companies prohibit any mentioning of MF, your staff even send traders to us for education.

DS: Relation to your Academy is also evaluating criteria for Forex-broker – which brokers need experienced traders and which don’t. We do not only recommend Masterforex-V to the most talented traders, but in the nearest future we will make the next step within our strategy of trader and investor interests’ combination. Now we are carrying on talks with MF regarding organization of wide-ranging contest among the Academy members during 1 – 2 months with big prizes.

For example, the first prize-taker in the demo-contest among the MF Academy audience will get 3 thousands USD in cash and 30 thousands USD as initial deposit to trust management account. If trading is profitable, an investor account will not be limited by volume. There are no investment problems in the world (even under the conditions of the global financial crisis), there are other problems (traders’, investors’). We are planning to held such contest (with checking stop-out and other criteria by our investment department) regularly.

SEL: Describe the main steps of your company’s development. What is done already, and what do you have to do?

DS: Our first step as respectable company – creating the biggest in the world network of branches with providing services from micro-accounts to the highest investors’ deposits – is already done. Branch network is opened in 30 countries of the world and it will be increasing. Moreover, an important constituent of the company’s growth is valuable providing micro-real accounts services. In InstaForex Company 1 lot can be diminished to 10000 units of account, what in its turn allows a client to have several accounts in one at once. Also a trader easily can trade using different volumes from 0.01 lot. Therein lies an advantage and a popularity of micro-accounts. Our company works with micro-accounts during long period, and it may safely be said that the company’s micro-real accounts are much sought after, what makes us one of the leaders in this area.

The second InstaForex step is our own investment in successful traders. Serious investors require experienced traders, who need to be brought up, selected and combined with investors, then sign a contract with severe conditions and control finance. It is not necessary to convince investors of putting up money (like government officials do, not understanding the investors’ logic). You should better demonstrate them benefit by the example of profit-making traders results. In our turn, we guarantee qualitative service for investor to be able to overlook and choose trustful manager for himself within a work of PAMM-account system.

The third InstaForex step will be more surprising. So and in no other way you can take and keep the leading position in the brokerage service niche – providing the services, which no one could or did not want provide before you.

SEL: Thank you. It is pleasant to see the brokerage company of a new type, trying to combine the interests of traders and investors, as well as to write in short time, that InstaForex Company became the certain world leader of micro-accounts. What would you like to wish traders-beginners?

DS: Thank you. First of all “learn, learn and learn again”. There are no investor’s funds problem in the world, but there is a serious problem of experienced and stably making profit traders deficit.

Source is “Stock exchange leader”

The interview was obtained by Darika Isakova,
interpreter-translator of InstaForex

Who said Forex was not a distaff?

November 18th, 2009

It is considered that Forex is not a distaff, while about 10 -20% of fair sex representatives trade at the currency market.

Women confidently entered the world of endless charts’ movements and often appear to be luckier than men. The thing is psychological ply of women’s character which helps them to feel themselves at the Forex market as well as in the kitchen cooking next regale.

Nature has showered all necessary qualities for successful work at financial markets on women. Firstly, it is curiosity and desire for learning everything new which lead them to Forex. Breaking new ground of Forex, discipline and responsibility help ladies not to slip up. Woman can be patient which undoubtedly pays off at Forex.

The main and probably the most important principle of successful trader is ability to hope and wait quite. Female traders succeed to do it better than men. Ladies who trust themselves and can listen to their intuition always seize the moment for the deals’ execution with the minimal losses. Even lack of knowledge is compensated by intuition which always gives points to the right way.

Even if she experiences failure most probably a woman will stay at the market. She will return to the start, learn her mistakes, in the end, open demo-account and will practice until she understands that she is ready to enter the market. Often men who made a wrong move just leave the market and never return blaming everyone and everything.

In order to become successful at Forex market, oddly to say, it is necessary to look with favor at all things, as to the game. To woman it is more easily to accept these rules, without plunging into, which means not to lose her head. The only reason that there are small number of women-traders is that for the fair sex the risk is organically unacceptable, whereas men are attracted to this. But the fact that the risk at Forex market is very high, this is an exaggeration. That is why, dear women, this business is for you. You can become a successful business lady, staying at home, everything you need is a computer and Internet, anything else you have got from the nature.

Great opportunity of additional earnings for female clients is provided by InstaForex Company. Making profit with the help of your trading skills at a real account, at the same time you can win 15 000 USD with your beauty power. Check this website

Added by Ekaterina Pobedinskaya,
clients´ Chief Manager of InstaForex

The first seminar was successfully held

November 6th, 2009

The educational seminar took place on October, 24 in the capital of Malaysia – Kuala Lumpur. It was organized by InstaForex Company in its new Malaysian office in KLCC. Apart from InstaForex representatives, a number of leading international Forex-teachers participated in the meeting.


Forex-lecturers gave a talk about such important subjects as:

- How to identify and profit from High-Percentage Market Patterns using Japanese Renko Charts (professor Ismail Mohammad)

- Profitable Trading with a flexible strategy creation process (professor Choo Koon Lip)

- Trading safety and systematically (professor En Asri)

- Basic of Elliot Wave (professor Muhammad)


All the seminar visitors received bonuses in the amount of 50 USD to their trading account with InstaForex. The luckiest guests became the owners of 5 trading accounts with 500 USD balance each and one of them won iPod.

Added by Ekaterina Abramova,
PR-manager of InstaForex

Automated trading: Robots vs. analysis and research

September 26th, 2009

For some reason people inclined to believe, that making deals professional traders rely on just their own skills, experience and foresight, and trading via expert systems is predestination of newbies, who have not acclimatized at the market and gotten hand in making decisions yet. But actually these systems – so called expert advisors – are being written mostly by gurus of the currency market for the purpose of optimization their work and increasing its effectiveness. So the fact of using autoassistant by trader can not point out if he/she has experience.

It is impossible to give an unambiguous answer to the question, what trading will bring more profit: manual or automated? As the saying goes, to each his own. But with no doubt it can be declared, that trusting a good advisor, you make your brainwork much easier (because robot is able to process the information in a fraction of a second) and save time for more pleasant occupations (because it is unnecessary to watch the market fluctuations during long hours). Moreover, utilization of mechanical trading systems lets exclude reflecting of psychologic factor on your bargaining, because experts act according to the distinct algorithm, and no any human emotion can make them deviate from it. Benefit of computer systems is also in that they are adjusted to take the maximum gain while risks are limited to the utmost.

But everywhere there are its hidden agendas, about which you should better learn beforehand than meet with them during the process of EA’s exploitation. First of all, you have not to rely on a robot completely, because every program is imperfect and able to make a mistake. Paradoxically, but a specialist coding software to automatize trading process can put human factor in it.

The second disadvantage of advisors is in the scantiness of processing the data by them: at the heart of making decision scheme there is estimation of a certain indicators’ readouts. Thus, EAs are allowed not to take into account rates of some indicators, which can be determinative in the concrete market situation. The consequence of that is a decrease of risks’ control by human, which is also imperfection of expert programs.

I should also mention a trader’s estrangement from the market among the defects of advisors. Automizing of bargaining let us handle without permanent analysis of currency movements. In this situation trader is keen on watching deals, which are made by a program, not his own trading.

The notion of “good advisor” implies not only impeccably written code, but in first turn, suitability of his usage for some or another trading instrument in one or another market state. If you want an expert system to make a good profit, it should be right for you. But how to find such a robot?

The best way is to code an EA by yourself and put the ideas of your trading strategy in it. If learning of the programming nuts and bolts is too hard for you, you should work for a while to study at least the main principles, which automated system follows during the process of making decisions. Profitability of chosen advisor directly depends on how good you will get on with it.

Do not let loud advertisement to impose the praised EA on you. Not always the gain is equal to the number of its preferences described in the promotional announcement. You should also be careful with the offers to download a mechanical trading system for free. Sometimes, resources providing such services break author’s rights of the real software creators.

Added by Daniel Shchagin,

InstaForex Clients’ relationship manager

You can also find useful articles from website, which is dedicated to expert advisors.

Test your attractiveness in online beauty contest

September 22nd, 2009

InstaForex company is glad to inform you about its new project Miss Insta Asia. Project Miss Insta Asia is a beuty contest which does not have analogues in the global net. This contest is absolutely open as for potential participants so for users who will leave votes for girls. The target audience of the contest is citizens of the Asian region. However, this does not mean that only Asian women may participate in the contest. We will be glad if girls and women from different parts of the world will take part in the contest.

Besides, project Miss Insta Asia has a goal to attract more traders and try the best trading conditions of the international broker InstaForex by means of so beautiful and intriguing project.

The prize fund of the contest is $30,000. The contest will be holding till September 1st,2010.

If you are a citizen of one of the 49 Asian countries test your beauty force in the contest Miss Insta Asia.

InstaForex company invites girls and women to take part in the contest and wish good luck to everybody.

Learn more about the contest Miss Insta Asia and register in the contest as a participant or user you may at the contest web-site

Added by Ekaterina Abramova,
InstaForex PR-manager