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InstaForex

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4.6
19:02:31
Trading Conditions 7
Registration process 5
Usability 3
Deposits and Withdrawals 6
Customer Care 2

Positions of brokers in this rating are based on publicly available sources that are analyzed using AI. Broker positions in the rating may change frequently as broker information is updated regularly.

InstaForex is an international broker that provides access to global trading floors: from Forex in ECN to working with derivatives and commodities. The broker was established in 2007 by the InstaFintech group of companies. 

The number of InstaForex clients exceeds 7,000,000 people all over the world. The broker’s customer service works in more than 30 different languages. Over 300 trading instruments are available. Trading conditions at InstaForex correlate with basic trends in the brokerage industry. 

Regulation

Instant Trading Ltd. is authorized and licensed by the Financial Services Commission (FSC) under the Securities and Investment Business Act (SIBA), the British Virgin Islands (BVI).

Countries of presence

InstaForex operates in more than 260 countries and territories around the world. 

Awards

InstaForex has been awarded the Best Broker of Asia title 10 times.

Among many of InstaForex’s awards are:

Best Broker in Latin America

International Business Magazine 2022

Best Forex Broker 

Forex Traders Summit Dubai 2023 

The Most Popular Forex Broker 

Smart Vision Investment Expo 2023

The Best Crypto Broker 

Forexing.com 2022

Best Customer Service Broker

AllForexBonus.com 2022

Best Forex Broker Central and Eastern Europe

International Business Magazine 2020

Most Innovative Forex Broker 2021

GBM 2021

The Best Broker in Asia

Le Fonti Awards 2019

And others

Trading Platforms

Mobile Terminal

MobileTrader is an app having the same features as the MT4 trading platform. With this app, you can seamlessly manage your trading account and trade forex.

Available on: AppStore, GooglePlay, AppGallery, GetAps.

IFX Client

IFX Client is a safe and convenient access to the Client Area.

Available on: GooglePlay

IFX Partners

IFX Partners provides you with information on the account balance, latest transactions, and the amount of commission and rebate payments added to your account.

Available on: GooglePlay

ForexCopy

The ForexCopy mobile app will help you explore the process of copying orders of top traders and start making money on their successful

trades.

Available on: GooglePlay

Forex Signals

The Forex Signals app helps you conduct analysis and react to the market developments promptly.

Available on: AppStore, GooglePlay

Forex Strategies

By installing this application, you get access to trading strategies that allow you to gain additional experience and extend profits

Available on: AppStore, GooglePlay

Forex Course

The app introduces you to MT4. Using it, you will learn how to navigate your way through the trading platform. Besides, you can test your

knowledge.

Available on: AppStore, GooglePlay

MetaTrader 4

MetaTrader 5

Multiterminal

WebTrader

Trading Accounts

Insta.Standard:

Deposit currency: EUR, USD

Minimum deposit: 1 USD

Maximum deposit: no limit

Spreads: 3-7

Fee: 0

Minimal trade: 0.01 of the lot

Maximal trade: 10 000 lots

Leverage: 1:1-1:1000

Margin for locks: 25%

Margin call: 30%

Stop out: 10%

Order execution: instant execution

Insta.Standard Trading Accounts

These types of accounts are relevant for standard trading terms on Forex market and function without fees. Once a trader gets access to all trading instruments he/she pays a fixed spread setting a trade.

Insta Standard accounts work for all types of traders and allow a trade to be settled with classical spread and with no fees. The main advantage of this type of account is its universality, as often a trader can change the trading leverage and work with a deposit size convenient for him/her. 

The features of the account allow trading with Micro Forex (minimum deposit $1-10), Mini Forex (minimum deposit $100), and Standard Forex (minimum deposit $1000).

Insta.Eurica:

Deposit currency: EUR, USD

Minimum deposit: 1 USD

Maximum deposit: no limit

Spreads: 0

Fee: 0.03%-0.07%

Minimal trade: 0.01 of the lot

Maximal trade: 10 000 lots

Leverage: 1:1-1:1000

Margin for locks: 25%

Margin call: 30%

Stop out: 10%

Order execution: instant execution

Insta.Eurica Trading Accounts

The account of this type does not require any spread to be paid at opening a trade. For most currency instruments of Insta Eurica account type zero spreads are applied, due to this the BID price is always equal to the ASK price. It should be noted that the offered price runs higher than the BID price (on the basis of which a chart in the trading terminal is plotted) by half of the standard spread for a given trading instrument which is rounded up to its integral value due to some technical peculiarities of the MetaTrader 4 platform.

This account type is recommended for newbies because it is not necessary to take into consideration the spread in case of pending orders usage: a pending order is executed right when the price reaches its value if the spread equals to 0. Before GTC orders’ placing and market entrance there is no necessity to calculate spread influence on the position result, this makes technical analysis highly effective.

Aside from the fact that Insta.Eurica accounts allow the newbies to get the hang of the market using a simpler system of trades conducting, this account type can be also used by professional traders, because its trade characteristics are the same as of Insta.Standard account type.

Cent.Standard:

Deposit currency: EUR Cents, USD Cents

Minimum deposit: 1 USD

Maximum deposit: 1000 USD

Spreads: 3-7

Fee: 0

Minimal trade: 0.10 of the lot

Maximal trade: 10 000 lots

Leverage: 1:1-1:1000

Margin for locks: 25%

Margin call: 30%

Stop out: 10%

Order execution: instant execution

Cent.Eurica:

Deposit currency: EUR Cents, USD Cents

Minimum deposit: 1 USD

Maximum deposit: 1000 USD

Spreads: 0

Fee: 0.03%-0.07%

Minimal trade: 0.10 of the lot

Maximal trade: 10 000 lots

Leverage: 1:1-1:1000

Margin for locks: 25%

Margin call: 30%

Stop out: 10%

Order execution: instant execution

Cent. Standard and Cent.Eurica trading accounts

Cent Standard and Cent Eurica account types are developed for beginning traders and oriented to those clients who just learn to trade, and for this purpose they need access to the minimal possible trade volume. Micro Forex is available with the lot volume of 0.0001 of the market lot (the lot price is 0.1 U.S. cents) and allows practicing almost without any risks for deposit. This type of account will suit well those who want to test trading strategies with minimal risks using the trade advantage of 0.0001 lot. 

In addition to the smallest allowed trade volume – 0.0001 of the market lot – the owners of Cent Standard and Cent.Eurica accounts have the same trading terms as Insta.Standard and Insta.Eurica. The only constraint here is the maximally allowed deposit size for cent group accounts of Cent.Standard and Cent.Eurica related to their directivity to the beginning traders. For more experienced traders it is recommended to open accounts of insta Standard and Insta Eurica types which do not have any size constraints for maximal deposit and deal size.

Trading instruments

Insta Standard Account:

Currencies

Shares

Indices

Metals

Oil and gas

Commodity futures

Cryptocurrencies

InstaFutures

Insta.Eurica Accounts:

Currencies

Shares

Indices

Metals

Oil and gas

Commodity futures

Cryptocurrencies

InstaFutures

MT5 ACCOUNTS:

Currencies

Shares

Metals

Registration process

The process is simple and only takes a few minutes. 

To register, you will need to enter your name, email address, phone number and select your country or region of residence. 

You will then receive a letter confirming your email address. Once you’ve done that, you’ll have access to the client area.

Verification

If you want to get access to a full range of InstaForex services, you need to verify your trading account. Verification is not obligatory, but you will not be able to get some of the company’s services without it. 

To do so, you need to upload some documents on the webpage. The documents will be checked as soon as possible, and if they meet the undermentioned requirements, your account will be verified. If necessary, you will be emailed to request additional documents.

Verification varies depending on your country of residence and the status of the individual or entity.

The standard verification process is as follows:

Level 1

Passport (data page (double-page spread));

ID card (both sides).

Level 2

Document proving the client’s address;

Utility bill with a barcode/QR code not older than 3 months;

Bank statement not older than 3 months signed and sealed by a bank official.

Deposits and withdrawals

Deposits:

Local transfer in UAE

Bank fees vary. Deposits processed within 1-2 days.

Deposit via Bank Card

Commission free. Your bank may charge a conversion fee if the currency of your card differs from the currency you’ve chosen for your deposit. The deposit is processed within 24 hours, P2P – within 72 hours.

Deposit via NETELLER

No fees. Instant deposit.

PayCo

No fees. Instant deposit.

Deposit via AstroPay

No fees. Deposit is processed instantly or up to 24 hours.

Deposit via Bitcoin

No fees. Deposit is processed within 3 hours.

Deposit via Litecoin

No fees. Deposit is processed within 3 hours.

Deposit in Tether

No fees. Deposit is processed within 3 hours.

Deposit in Ethereum

No fees. Deposit is processed within 3 hours.

Deposit via Peer-to-Peer service

System fee. Deposits are processed within 7 working hours depending on a payment system.

Withdrawals:

Withdrawal of funds from a trading account is possible only when using the same payment system through which the deposit was made and in the same currency.

Local withdrawal from UAE

Bank fees vary. Withdrawal is processed within 1-2 days.

Withdrawal via Litecoin

Fee: 0.5%. Withdrawal is processed within 1-7 working hours.

Withdrawal via Bitcoin

Fee: 0.5%. Withdrawal is processed within 1-7 working hours.

PayCo

System fee. Withdrawal is processed within 48 hours.

Transfer between accounts

No fees. Transfer is processed within 1-7 working hours. Accounts must have the same holder. Emails and addresses of the accounts must match.

NETELLER transfer

Transaction fee – 2%. If the withdrawal amount is less than 50 USD an additional commission of 1 USD will be charged. Withdrawal is processed within 1-7 working hours.

AstroPay transfer

Transaction fee: 0.5%. Withdrawal is processed within 48 working hours.

Withdrawal via Tether (USDT)

Fees: 1% – 2%. Withdrawal is processed within 1-7 working hours.

Withdrawal via Ethereum

Fees: 1%. Withdrawal is processed within 1-7 working hours.

Money transfer to bank card

System fee. Withdrawal is processed within 1–6 business days.

SUPPORT

Support is available 24/7 via different options:

Request a callback

You have to fill in the form and choose the most convenient time when you would like the manager to call you. Communication is available in more than 10 languages.

24/7 Online chat

Support area

FAQ

Feedback

Communication via email

PROMO & BONUSES

Grand Choice Contest by InstaForex

Prizes:

Lamborghini Urus;

Mercedes-Benz G-Klass;

Porsche Cayenne GTS;

Maserati Levante;

Tesla Model S Plaid;

$200,000.

How to participate:

Account type: Live trading accounts

Campaign period: 26/12/22 – 12/12/25

Main prize: Your choice

Requirements for participation:

$1000 deposit

Bonuses:

InstaForex offers a wide range of bonuses for its clients. Bonuses differ from each other in their amount, terms of crediting, and their further use in trading. The profit received from using any bonus can be withdrawn from the account without restrictions.

Bonus 100%

Bonus size: 100%

Maximum leverage: 1:200

Accrual: first deposit

Stop out: 100%

Bonus 55%

Bonus size: 55%

Maximum leverage: 1:200

Accrual: every deposit

Stop out: 100%

Bonus 30%

Bonus size: 30%

Maximum leverage: 1:1000

Accrual: every deposit

Stop out: 10%

Club Bonus

Bonus size: up to 40%

Maximum leverage: 1:1000

Accrual: every deposit

Stop out: 10%

Chancy Deposit:

By topping up your account with at least $3,000, you automatically become a participant in the promotion.

Period: monthly

Prize fund: $50,000

AFFILIATE PROGRAM

As an affiliate with InstaForex, you can earn up to $15-20 per market lot or $2000 from a first deposit. 

In addition, affiliates receive monthly bonuses based on their monthly targets and an additional commission percentage from the turnover of their clients. 

As part of the affiliate program, clients can access various promotional and educational materials, along with 24/7 assistance in 17 languages. 

The program offers lucrative affiliate commissions, and your clients will also enjoy simple and easy-to-use features.

CPA Amount: $2000

Minimum User Deposit: $1

Payout Methods: Bank Transfer, Bitcoin, Litecoin, PayCo, Unionpay

Revenue Share: Yes

Revenue Share Amount: 1oo% on first deposit, 55% after

Categories: CFD, Commodities, Cryptocurrency, Forex, Gas, Indexes, Metals, Oil, Stock

Payout Trigger: N/A

TRAINING

Chief Strategist

Analytical Reviews

Economic Calendar

Holidays worldwide

Video analytics

InstaForex TV

Trading Sessions

InstaForex has its own training course that is suitable for everyone.

To get a training course for free, you just need to open a trading account, get your login details by email and enter your trading account number and password in the form. A zip file with all training materials will start downloading automatically.

The course contains information on such themes as: analysis of chart patterns, working with the MetaTrader4 trading platform, japanese candlestick analysis, wave analysis, margin trading on Forex, fundamental analysis, risk management and much more.