InstaCredit

Many of us sooner or later face such a problem as a lack of funds for trading. The reasons are different for everyone, someone managed to make a large drawdown on their account and desperately needs a couple of hundred dollars to survive a difficult period, someone wants to start trading at a higher level, trying themselves as a manager of a large account.

And what can we talk about if simple mathematics tells us that if you earn on average 10 percent of your deposit, then in order to have an income of $1,000 you need to have a deposit of at least $10,000.

This is a clear example of how much our income depends on the capital we manage. 

But what should an ordinary person do, who, in the wake of active advertising, has spent a lot of time on his education, has achieved certain success, but cannot simply quit his job just because his deposit is too small for him to be able to live on the earned interest.

Many people quit trading because of this, although they could really achieve excellent results in this field. Of course, you can run to the bank and take out a loan, but this is too much of a risk.

The InstaForex company , in addition to various promotions and no deposit bonuses, has launched a new, unparalleled service called InstaCredit.

Its essence is that a trader with a minimum deposit of funds has the opportunity to receive a loan for a certain period at an agreed interest rate. You will probably ask the question, what is unique?

The fact is that the company does not give out its funds, but has created a platform on which it has established direct relationships between investors and traders and takes only a small percentage for their cooperation. The relationship is structured in such a way that the trader immediately pays the agreed percentage of the loan in the form of collateral, and in return receives a certain amount for management.

Thus, the investor immediately receives a profit in the form of interest on his account, and the rest of the amount that is in the trader’s account will be transferred to him at the end of the loan period automatically. Now consider the pros and cons of such cooperation for both parties.

If we consider this service from the investor’s side, this is a good opportunity to make money, and unlike classic investing in a PAMM account, the agreed percentage of profit will immediately appear in your account when concluding a transaction with a trader. If we talk about the minuses, then as with investing in PAMM accounts, you are not insured against the fact that a trader will simply merge your account and have nothing to give the money with.

Moreover, the InstaForex company is an intermediary and has no influence on the trader, and the only thing you will have left is the trader’s contribution in the form of collateral interest. In order to at least somehow protect the investor, the creators of the service have introduced the ability to set a Critical loss level as a percentage, upon reaching which the trader will automatically close all transactions, and the funds remaining will be returned to your account.

To place an application for a loan, log in to the InstaCredit service in your personal account and switch the tab to investor. Next, simply indicate the amount you want to provide, the interest rate, repayment period and critical loss level. I recommend paying special attention to the last point, since this is your only protection from an unscrupulous trader. You can see an example of the window in which the loan is issued in the picture below:

 Now let's look at the service from the trader's side. To begin with, I would like to highlight the fact that having a minimum amount in the form of interest on the loan that must be pledged as collateral, you can receive the amount you need from the investor. The calculation is quite simple, if you borrow $1,000 at 10 percent per month, in order to get a loan you must give a deposit of $100. Agree, it’s not a bad idea to risk just $100 to get such funds under management.  

Now for the pitfalls you should consider. Each investor limits losses, and if you exceed the maximum allowable drawdown, the system will automatically close all your transactions and simply give the remaining funds to the investor. Thus, before you start working, you must correctly calculate all the risks.

To apply for a loan, log into the service and switch the tab to trader. Next, in the appropriate lines, indicate the amount you need, the repayment period, the interest rate and the critical level of loss. Your task is to obtain from the investor the minimum interest rate and the highest percentage of risk so that you can trade freely. An example of a window for receiving a loan can be seen below:

In conclusion, I would like to say that this service opens up new opportunities for potential traders, however, a significant disadvantage for an investor is the lack of communication with the trader, so you have no way of knowing who exactly you are giving money to, his strategy, money management, tactics.

You can use the InstaCredit service at www.instaforex.com

The company also has a new promotion that allows you to receive up to $1,500 as a bonus for trading on Forex, while the withdrawal conditions are quite flexible.