InstaForex Overview & Awards
InstaForex is a global brand established in 2007. The company provides online FX trading services and is recognized as one of the leading brokers in the globe. We have earned the trust of over 7,000,000 retail merchants, who have recognized our dependability and commitment to innovation.
Since its inception in 2007, InstaForex has provided its clients with access to the Forex market. The company provides innovative service and high-tech customer support, and it has over a million customers worldwide. InstaForex provides access to global trading platforms and products, including Forex, ECN, and derivatives.
The company was among the first to invest in the PAMM System, and it offers copy trading via the ForexCopy system. The company became one of the earliest brokers to offer MetaTrader 4 to its consumers. As a result of offering investments, competitive trading, and a large client base, InstaForex has become one of the industry leaders.
InstaForex has received numerous accolades for its work, including: Best Forex Broker Central and Eastern Europe in 2020 by International Business Magazine, Most Active Broker in Asia in 2020 by A to Z Markets Forex Awards, and Best Affiliate Program in 2020 by Global Brands Magazine. Read on for additional information about this innovative broker.
Type of Broker: Non-Advisory/Executionary Broker
Regulation & Licensing: BVI FSC (British Virgin Islands)
Accepting Clients from: 150+ Countries
Assets Offered: Forex, Indices, Commodities Shares/Stocks, Futures, CFDs, Options & Cryptocurrency
Trading Platforms Available to use: Web, Mobile, Download
Trading Mobile apps: iOS, Android
Payment Types Accepted: Bank Wire Transfer, Credit/Debit Card, Skrill, Neteller, Latam, Paylivre, Payco, Astropay, Cryptocurrency Payment Types Accepted: Bitcoin, Litecoin, Tether, Bitcoin Cash, Ethereum, Cardano, Binance Coin, Dash, EOS, DogeCoin & Ripple.
InstaForex is also regulated by BaFin (Germany), AFM (Netherlands), MFSA (Malta), and regulators of Greece, UK, Czech Republic, etc.
| FSC Account currency: CySEC Account currency: | FSC – USD, EUR, RUB. CySEC – EUR, USD, PLN, CZK, GBP (GBP -only for accounts on МТ5). |
| FSC Minimum deposit: CySEC Minimum deposit: | FSC – $1. CySEC – €200/€1 |
| Leverage under FSC: Leverage under CySEC: | FSC leverage up to 1:1000. CySEC leverage is up to 1:30 for retail traders and up to 1:500 for professionals. |
| Spread under FSC: Spread under CySEC: | FSC : from 0-0.3 pips subject to the account type. CySEC: from 0 pips subject to the asset type. |
| Instruments Under FSC: Instruments Under CySEC : | Forex pairs, stocks, indices, metals, oil and gas, commodity futures, cryptocurrencies, and InstaFutures. Forex pairs, commodities, stocks, indices, cryptocurrencies, synthetic stocks and ETFs, and stocks at the moment of IPO. |
| FSA Margin Call: FSA Stop Out: CySEC Margin Call: CySEC Stop Out: | FSA – 30% 10%. CySEC – 100% 50% |
| InstaForex | Open a Trading Account |
| Headquartered | Cyprus, Saint Vincent and the Grenadines, British Virgin Islands |
| Year Founded | 2007 |
| Regulating Authorities | CySEC, BVI, FSC |
| Countries not accepting clients from: | United States |
| Islamic Trading account (swap-free) | Yes |
| Demo Trading Account | Yes |
| Institutional Trading Accounts | No |
| Managed Trading Accounts | Yes |
| Maximum Leverage | 1:1000 |
| Minimum Deposit | $1 |
| Deposit Options | Credit/Debit Cards, Bank Wire Transfer, Southeast Asia Bank Transfer, Skrill, Bitcoin, Neteller, and several others. |
| Withdrawal Options | Credit/Debit Cards Bank Wire Transfer Southeast Asia Bank Transfer Skrill Bitcoin Neteller, and several others. |
| Available Platform Types | MetaTrader 4 MetaTrader 5 Multiterminal InstaForex WebTrader InstaTick Trader |
| Tradable assets offered | Currencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures, and Cryptocurrencies |
| OS Compatibility | Web browsers, Windows, MacOS, Linux, Android, iPhone, tablets, iPads |
| Languages supported on Website | English, French, Malay, Dutch, Italian, German, Simplified Chinese, Slovakian, Polish, Vietnamese, Portuguese, Spanish, Romanian, and more. |
| Customer Support Languages | Multilingual |
| Customer Service Hours | 24/5 |
| Trading Account | Start Trading |
InstaForex Regulation and Security
Compliance & Regulation
InstaForex’s company Instant Trading Ltd. is licensed in the British Virgin Islands by BVI FSC. The license number for this company is SIBA/L/14/1082.
Insta Service Ltd. is registered with FSC St. Vincent, and its registration number is IBC22945. Insta Global Ltd. is registered in the same location, with a registration number of IBC24321.
When it comes to trading reliability, InstaForex has several notable characteristics. The trading platforms, segregated accounts, insta-futures, and VPS hosting are all designed to keep trading reliable with this broker.
Trading Platforms
In order to ensure that your trading experience will be reliable and error-free, it is essential to examine the offered software. MetaTrader 4 is available to InstaForex’s customers, and the company notes that despite MT5’s many new features, many users still prefer MetaTrader 4. Who could blame them? Traders can send market orders and pending orders simultaneously using MT4. It also includes a charting toolkit, multilingual capabilities, and support for various trading strategies. In selecting MT4 as its platform, InstaForex made a sound decision overall.
Segregated Accounts
This unique service demonstrates the dependability of InstaForex’s client protections. Even though trading is not a perfect industry and people frequently lose money, segregated accounts safeguard client funds from any force majeure circumstances the company may encounter.
The client’s funds are kept distinct from the business’s funds. 70% of a client’s deposit on a segregated trading account can be held in a bank account or an account pertaining to an authorized representative. This broker’s additional client protection is a very beneficial feature.
Insta-Futures
Insta-Futures, offered by InstaForex, enable futures trading against other traders on a platform supported by a financial group with a decade of market experience. Futures trading is difficult, but Insta-Futures is an innovative approach to the process.
VPS Web Hosting
InstaForex also provides a VPS hosting service, which is a dependable feature. This Virtual Private Server is a computer in the data center, and it functions the same way as a regular computer. You are the only person with access to it, so it is private. This service allows you to connect your tablet or smartphone to the VPS and use it virtually for free. The server is optimal for merchants who wish to conduct business at night, outside of normal trading hours.
Sign up with a trading account with InstaForex
Get the best Low Spread Forex Brokers to trade Forex, Stocks, Indices, and Commodities
– Instant ECN Execution Trading with InstaForex
InstaForex Trading Accounts
Types of Forex Trading Accounts with a Minimum Deposit
Each type of account offered by InstaForex represents a universal trading tool that helps to work on international financial markets. Regardless of the chosen account type, you will have access to every trading symbol available, when working with InstaForex.
Insta.Standard Trading Account
Insta.Eurica Trading Account
Cent.Standard Trading Account
Cent.Eurica Trading Account
InstaForex Trading Accounts
Instaforex Account Types
| Insta Standard | Insta Eurica | |
| Features & Best Suited for: | Access to all trading instruments, trader pays fixed spread when setting a trade, good for all types of traders | No spread required when opening a trade, BID price equal to ASK price, account recommended for new traders |
| Account Currencies | EUR/USD | EUR/USD |
| Leverage | 1:1000 | 1:1000 |
| Minimum Deposit | $1 | $1 |
| Starting Spreads | 3-7 | ZERO |
| Commission Per Trade | 0 | 0.03%-0.07% |
| Decimal Pricing | Up to 5 | Up to 5 |
| Trading Instruments | Foreign Exchange (FX), Commodities, Indices, Shares/Stocks, Futures/Forwards, CFDs, Cryptocurrency, Options | Foreign Exchange (FX), Commodities, Indices, Shares/Stocks, Futures/Forwards, CFDs, Cryptocurrency, Options |
| Min. Lot Size Per Trade | 0.01 | 0.01 |
| Max Lot Size Per Trade | 10000 | 10000 |
| Demo Account | Yes | Yes |
| Swap/Rollover Free | Yes | Yes |
| Copy Trading Support | Yes | Yes |
Standard Trading Account
This account provides standard trading conditions on the Forex market with no associated fees. Upon opening this account, the trader obtains access to all trading instruments offered by InstaForex and pays a fixed spread when placing a trade.
This sort of account accommodates traders with varying levels of experience, from beginners to advanced traders.
One of the main benefits and attractions of this account is its universality which allows traders to alter the trading leverage (floating leverage) and determine a deposit size that will suit them better.
Eurica Trading Account
A trader with this sort of account will not be charged a spread when opening a position. Zero spreads are applied to the majority of trading instruments because the Bid and Ask prices are always equal.
Whenever the Ask price is greater than the Bid price by half of the spread applicable to a particular instrument, the Ask price is rounded up to the nearest integer.
This account is designed specifically for novice merchants who are still learning how to trade. This is due to the fact that it does not account for the spread when using pending orders.
Similar to the Insta.Standard Account, this account is ideal for novice traders who wish to familiarize themselves with a simplified trading system. However, it also offers features that may be of use to more experienced traders.
| Cent Standard | Cent Eurica | |
| Features & Best Suited for: | Good for beginning traders, oriented for new clients learning how to trade, access provided to minimal trade volume | Good for beginning traders, oriented for new clients learning how to trade, access provided to minimal trade volume |
| Account Currencies | USD Cents, EUR cents | USD cents, EUR cents |
| Leverage | 1:1000 | 1:1000 |
| Minimum Deposit | $1,000 | $1,000 |
| Starting Spreads | 3-7 | ZERO |
| Commission Per Trade | 0 | 0.03%-0.07% |
| Decimal Pricing | Up to 5 | Up to 5 |
| Trading Instruments | Various | Various |
| Min. Lot Size Per Trade | 0.10 of the lot (equivalent of 0.0001 market lot) | 0.10 of the lot (equivalent of 0.0001 market lot) |
| Max Lot Size Per Trade | 10000 | 10000 |
| Demo Account | Yes | Yes |
| Swap/Rollover Free | Yes | Yes |
| Copy Trading Support | Yes | Yes |
Cent.Standard and Eurica Trading Accounts
Both of these account types were created with inexperienced traders in mind, granting them access to the smallest possible trade volume. These accounts include the following characteristics:
- Micro Forex is accessible with 0.0001% of the market lot volume
- Permits trading practice without deposit risks
- Can be utilized by traders who wish to evaluate their strategies with minimal risk.
- Similar trading conditions to Insta.Standard and Insta.Eurasia accounts
InstaForex Trading Instruments
110 Forex Currencies
83 CFD Stocks
Indices
Metals
Oil and Gas
Commodity Futures
Cryptocurrencies
InstaFutures
IPO trading
InstaForex Fees & Commissions
InstaForex charges a variety of fees and commissions, which vary depending on the trading account type and the asset being traded.
| Standard Trading Account | Eurica Trading Account | |
| Spreads | from between 3 to 7 pips | from 0.0 pips |
| Commission | free | 0.03% to 0.07% |
| Forex | buy swap of -0.63 and sell swap of -0.15 |
| Stocks | buy swap of -5% and sell swap of -2.5% |
| Metals | buy swap of -20.8 and sell swap of -4.2 |
| Crypto | buy swap of -15% and sell swap of -15% |
Deposit and withdrawal fees:
InstaForex charges a 0.1% fee on CFDs.
Commissions between 0.03% and 0.077% are charged on certain accounts.
The withdrawal fee is between 1.5% and 1.8%. Investor features to note here are InstaForex’s PAMM System, Forex Copy, and Passive Investments.
Sign up with a trading account with InstaForex
Get the best Low Spread Forex Brokers to trade Forex, Stocks, Indices, and Commodities
– Instant ECN Execution Trading with InstaForex
InstaForex Spreads
Instaforex spreads range from as little as 0.0 pips.
| Account type | Spread (minimum value) | Withdrawal commission |
| Insta.Standard (FSC) | From 3-7 USD | yes |
| Insta.Eurica (FSC) | From 0 USD | yes |
| Cent.Standard (FSC) | From 3-7 USD | yes |
| Cent.Eurica (FSC) | From 0 USD | yes |
| ECN.MT4 (CySEC) | From 10 USD | Yes |
| ECN VIP.MT4 (CySEC) | From 3 USD | No |
| ECN Pro.MT4 (CySEC) | From 7 USD | Yes |
| All ECN-accounts MT5 (CySEC) | From 0 USD | No |
Instaforex Execution
Instant Execution
InstaForex Compared to other Brokers
| InstaForex | RoboForex | Pocket Option | Tickmill | AAFX | XM Group | |
|---|---|---|---|---|---|---|
| Trading platform | MT4, MultiTerminal, MobileTrading, MT5, WebTrader | cTrader, MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5 | MT4, MT5, Tickmill Mobile App | MT4, MT5, Web platform | MT4, MT5, MobileTrading, XM App |
| Min deposit | $1 | $10 | $50 | $100 | $100 | $5 |
| Leverage | From 1:1 to 1:1000 | From 1:1 to 1:2000 | From 1:1 to 1:500 | From 1:1 to 1:500 | From 1:1 to 1:2000 | From 1:1 to 1:30 |
| Trust management | Yes | No | No | Yes | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 0 points | From 0 points | From 0.7 points | From 0.6 points |
| Level of margin call / stop out | No | No | No | No | No | No |
| Execution of orders | Instant Execution | Market Execution, Instant Execution | Market Execution | Market Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | $30 | No | No |
| Cent accounts | Yes | Yes | No | No | No | Yes |
Instaforex Deposits and Withdrawals
Instaforex Trading Platforms
MetaTrader 4
MetaTrader 5
Multiterminal
InstaForex WebTrader
InstaTick Trader
InstaForex Pros and Cons
Pros
– Tight and competitive spreads
– Low minimum initial deposit amount
– Low commissions compared to other brokers
– Fixed commissions on trades
– Interest Accrues on Account Balance
– Low CFD Commissions on Stocks
– Wide Currency Pair Selection
– Islamic Accounts Supported
– Multi-Language Support
Cons
– Spreads on Standard accounts are high
– Other Than Currency Pairs, Market Diversity Is Low
– Dormancy Fees Charged
– Offshore Regulation
– High Forex Commission Fees In Some Cases
InstaForex Login
Sign up with a trading account with InstaForex
Get the best Low Spread Forex Brokers to trade Forex, Stocks, Indices, and Commodities
– Instant ECN Execution Trading with InstaForex