InstaForex, is a brand new binary options broker offering trading on most of the same assets as the other brokers listed on this site. However, this broker has been working since 2007 in Russia and until that time it provided trading only on Forex exchanges. We have found them to be reliable and so have decided to list their review.
User Friendly: 4/5
Demo practice account, customer service that helps you trade and teaches you the basic an important principles of binary options trading. The overall look and feel of the site is no different than most binary options platforms; however the user experience proves first impressions can sometimes be shallow. On top of that, and probably most importantly the information is accurate since they are using Reuters feeds, it really feels like a platform you can trust.
Assets list & Expiry Times: 4/5
More than 240 different assets are available for you at InstaForex, one of the highest number of assets in the binary options industry. It includes all the popular indices, commodities, currencies and stocks. The expiry times available at InstaForex lets you choose between 1 minute to 3 hours.
Payout Rates: 4/5
Between 60% and 85% depending on the time and asset. 60% is much lower than the industry average, however by offering 85% on some of the more popular assets InstaForex has put together a quality offering for binary options traders.
Deposit & Withdrawal: 5/5
InstaForex lets you use following deposit methods: Credit/debit card, Bank transfer, RBK Money, QIWI, Skrill, Bitcoin, Neteller, Yandex.Money, Z-Payment, CashU. Most binary platforms offer these methods today. It is worthy to note that Neteller and MoneyBookers (Skrill) are popular and well respected ewallets for binary options deposits. Withdrawal methods are the same. We have not tested withdrawals from this broker.