It's just like a regular proxy, the difference is that you don't have to manage the proxy IPs yourself, the service takes care of it.
So instead of having 10k proxies and having to change between them each request you just use a single one.
For example, if the package/IP is "Changes each request" it means that for every request that you do on that proxy, there will be a different IP.
CorrectAh that makes sense. so since the access IP is currently 1.1.1.1, I'm assuming I change that to my home IP ?
Correct
When you are connected with the Proxy it should show the proxies IP and NOT your home IP.
How did you connect to the Proxy? If you are checking your IP via Browser you shouldn't be able to reach the WhatsMyIP Website in the first place since the Proxy would not allow the connection.
I managed to connect, but when I try to register an IG account it says the proxy has been flagged as an open proxy, even though it was marketed as residential when I bought it...
The Residential Proxies that you bought from Stormproxies are not the greatest when it comes to social media account creation and maintenance. I tried to do the same as you with Twitter but i always got PV'ed and EV'ed (Phone Verification Block and Email Verification Block), so i stopped using them. What you need (especially for Instagram) is either a virgin residential proxy (that has never been used), or a 4G Proxy (the ones your phone connects to) - You can find both of these in the marketplace here, Rotating 4G Proxies can be quite expensive, you can maintain several accounts via one proxy.
For Residental i can recommend Proxies.com from @GainRank https://www.blackhatworld.com/seo/proxies-com-private-ipv4-10-30-month-ipv6-unlimited-ips-50-month-custom-anti-detection.1208016/
And for 4G, you can just look around the marketplace here for "Rotating 4G/3G Proxies" : https://www.blackhatworld.com/forums/proxies-for-sale.112/
IPv4For Residential, would you do IPv4 or IPv6? Thanks