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ForexChief vs InstaForex

xChief or InstaForex – which is better for UK traders 2025? Compare xChief and InstaForex in this detailed breakdown of their platforms, features and fees.

xChief vs InstaForex Comparison Table 2025
xChief	InstaForex

3.9	3.2
xChief is ranked #43 among CFD brokers.	InstaForex is ranked #40 among CFD brokers.
Review	Review
xChief, a forex and CFD broker founded in 2014, operates offshore and is registered with the VFSC and FMA. It offers a diverse range of account types and base currencies, catering to traders worldwide. Notably, the brand provides a no deposit bonus and rebates on fees for high-volume traders.	InstaForex, established in 2007, is a forex and CFD brokerage. It provides extensive market access to millions of traders, featuring traditional assets such as currencies and shares. The broker also offers intriguing options like IPO investments.
	All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone.
Pros
The broker provides various account types to cater to traders at all levels. Options include a Cent account for novices and advanced hedging/netting accounts for professionals. The broker provides a rebate scheme aimed at active traders, alongside trading credits and various occasional bonuses. xChief provides an excellent trading environment using the MT4 and MT5 platforms. These platforms feature industry-leading charts, indicators, and tools. xChief provides STP/ECN execution with minimal spreads beginning at 0.0 pips and competitive commission rates from $2.50 per side. The minimal $10 deposit is attractive to novice traders, complemented by beginner guides in the Library. Traders can utilise the MetaQuotes Signals service for copy trading solutions.	InstaForex provides an excellent trading environment, utilising the robust MT4 and MT5 platforms. These platforms come equipped with numerous technical analysis tools, automation features, and various order types. The broker is an excellent choice for dedicated forex traders, offering over 100 currency pairs and competitive spreads starting at 0.0 pips. Additionally, it provides a top-tier collection of forex market resources. The broker is beginner-friendly, offering low minimum deposits and commission-free trading.
Cons
The Classic+ account offers access to over 50 instruments, while the Cent account provides more than 35. Other account types offer a greater variety of instruments. xChief operates as an offshore broker with minimal regulatory supervision from the VFSC, offering traders limited protection. Most withdrawal methods incur fees and minimums, with SWIFT bank transfers requiring at least €60. The total of over 150 assets is considerably fewer than most competitors, who usually provide hundreds. The broker lags behind rivals in research tools and educational resources.	Customer support is offered exclusively in English, Czech, Polish, and Slovak. The broker exclusively offers trading instruments as CFDs. The broker's website and client portal seem outdated, making navigation challenging for beginners.
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
CFDs, Forex, Metals, Commodities, Stocks, Indices	Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures
Bonus
	Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses
Demo Account
Yes	Yes
Minimum Deposit
$10	$1
Payment Methods
ADVcash Credit Cards Debit Card FasaPay Neteller Perfect Money Skrill WebMoney Wire Transfer	Mastercard Neteller Rapid Transfer Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica)
Regulator
ASIC	BVI FSC
Mobile Apps
iOS & Android	iOS and Android + browser based platform
iOS App Rating
4.8	3.6
Android App Rating
4.7	3.6
Margin Trading
Yes	Yes
Margin Rate
0.1%
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
Yes	No
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
Yes	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
Clients can utilise trading signals on the MetaTrader platform. Signal providers, on the other hand, have the opportunity to earn additional income by selling their positions. Beginning trading is straightforward and involves only a few simple steps.	The Copy Trading feature at Instaforex is gaining popularity thanks to its user-friendly design and expanding roster of expert traders and markets.
Social Trading
No	Yes
Trade Signals
Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	€5
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP JPY CHF	USD EUR GBP PLN CZK
Commodities
Silver Natural Gas Gold Oil	Oil Gold Silver Palladium Natural Gas Copper Gasoline Cocoa Coffee Cotton Soybeans Livestock Wheat Orange Juice Platinum Sugar
CFD
Trade an extensive array of CFDs, including cryptocurrencies, indices, energies, and metals, with leverage reaching 1:1000. Benefit from ECN pricing, featuring spreads starting at 0.0 pips and competitive commissions from $2.50. For traders with a modest budget, a Cent account option is accessible.	Trade CFDs across diverse markets with flexible accounts and up to 1:1000 leverage. Access MT4 and MT5 platforms for executing a variety of short-term trading strategies. Utilise numerous pre-integrated technical indicators and graphical tools to enhance your trading.
Leverage
1:1000	1:30 for retail clients, 1:500 for professional
FTSE Spread
70	Fixed
GBPUSD Spread<
0.9	Av. Floating 0.6 pips
Oil Spread
12	Fixed
Stocks Spread
50	0.1%
Forex
xChief facilitates trading in spot foreign exchange across all account types, covering over 40 major, minor, and exotic currency pairs. Access the top MT4 and MT5 platforms, equipped with numerous built-in technical tools for short-term forex strategies.	InstaForex offers an extensive selection of over 100 currency pairs, a notable range in the industry. Enjoy ECN spreads starting at 0.0 pips with no commission fees. With a minimum deposit of just $1, the broker is ideal for novices. Traders also benefit from top-tier forex analysis and insights.
Assets
40	1000+
GBPUSD Spread
0.9	0.6
EURUSD Spread
0.4	0.2
EURGBP Spread
0.9	0.5
Currency Indices
	USD
Cryptocurrency
xChief offers a limited selection of five cryptocurrencies paired with USD, compared to its competitors. Its average BTCUSD spread is 30 pips, which is on the higher side. However, the broker provides valuable crypto trading guides for beginners.	A variety of over 10 crypto tokens can be traded against USD, with fees of 0.1% and leverage up to 1:5. Bitcoin trading is available with spreads near 25, comparable to other brokers.
Spread
Variable	0.1%
Coins
BTC BCH ETH LTC XRP	BCH BTC ETH LTC XRP and50+more
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

xChief	InstaForex
Review	Review
	All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone.
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