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InstaForex

InstaForex

Asset classes

InstaForex quotes over 100 currency pairs, from established Majors to exotic currencies. You can also trade Forex futures, options as well as CFDs on Gold, Silver and shares. Please visit InstaForex.com for the full list of trading instruments.

Platform

Trade Forex on fixed spreads with MetaTrader 4 or MetaTrader 5:

  • Standard account: trade on fixed spreads from 3 pips.
  • Eurica account: trade on raw spreads, subject to a 0.03% to 0.07% fee which varies with the currency pair. InstaForex recommends this account for beginners as bid and ask prices are identical.

Both accounts have otherwise similar trading conditions: a low $1 initial deposit, leverage up to 1:1000 and a 0.01 lot minimum trade size. In addition, InstaForex will pay 5% interest on your account's balance, or 2% per annum if your account becomes inactive. This is a particularly attractive offering, unmatched across our panel of brokers.

InstaForex accounts are available swap-free for clients of Muslim faith. Open an account online as usual, and reach out to your InstaForex manager before your first trade if this is of interest. Visit InstaForex.com for more information.

Awards

Since incorporating in 2007, InstaForex has won over 20 awards, commending the quality of its ECN platform and customer service. Recent awards include:

  • Best Forex Broker 2015, by European CEO Awards
  • Best Forex ECN Broker 2015, by UK Forex Awards
  • Best Web Trading Platform 2015, by ShowFx World
  • Best ECN Broker 2015, by International Finance Magazine

Regulation

InstaForex (InstaForex.com) is a member of the Russian Association of Financial Market Members (RAFMM) and works closely with FinPotrebSoyuz, a Russian consumer protection organisation. Although client funds are held in segregated accounts, you should be aware that future Western sanctions against Russia, or restrictions on capital flows, could affect your ability to withdraw your funds.

Overview

  • Asset classes
  • # Currency pairs109
  • Forex
  • Gold and Metals
  • Oil and Energy
  • Commodities
  • Stocks
  • Indices
  • Bonds
  • Securities
  • Forex CFDs
  • Forex Futures
  • Forex Options
  • Demo account
  • Has a demo?
  • Demo size5000000
  • Time limitUnlimited

Trading platforms

  • Trading platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • Currenex
  • ZuluTrade
  • Copy trading
  • Mirror trading
  • Web or PC
  • Software download
  • No download
  • Mac friendly
  • Apps
  • Android
  • iPad
  • iPhone

Funding Methods

  • Deposits & Withdrawals
  • Bank transfer
  • Credit card
  • Debit card
  • Alipay
  • Bitcoin
  • Boleto
  • CashU
  • China UnionPay
  • DixiPay
  • FasaPay
  • FilsPay
  • MoneyGram
  • MTS
  • NetBanx
  • NETELLER
  • OKPAY
  • PayCo
  • Payeer
  • PayPal
  • paysafecard
  • Paysbuy
  • Payza
  • Paxum
  • Perfect Money
  • Przelewy24
  • Qiwi Wallet
  • Skrill
  • SorexPay
  • Ukash
  • WebMoney
  • Western Union
  • Worldpay
  • Yandex Money

Company

  • Company information
  • Legal nameInstaForex Group
  • HeadquartersKaliningrad, Russia
  • Incorporation2007
  • Regulators
  • Segregated accounts

Standard Account

Open account

Eurica Account

Open account
ReviewTrade 100+ currencies on fixed spreads from 3 pips and leverage up to 1:1000. Earn 5% interest on the balance of your account. Also available in Islamic format.Trade 100+ currencies from 0 pips plus commission and leverage up to 1:1000. Earn 5% interest on the balance of your account. Also available in Islamic format.
PlatformsMT4, MT5MT4, MT5
ExecutionNDD, STP, ECN, DMANDD, STP, ECN, DMA
Cashback
SpreadsFixedFixed
Min. deposit$1$1
5 decimals
Leverage (flexible) ?1:10001:1000
Commission / lot$0$30
Min. trade size (lot)0.010.01
Max. trade size (lot)1000010000
Max. open positionsNANA
Margin call (%)30%30%
Stop out level (%)10%10%
Islamic account
Interest on balances (%)5%5%