InstaForex Review 2021

Instaforex provide Forex, CFDs, Stock and Cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading.

InstaForex is a multiple award-winning broker that offers traders Currency pairs, CFDs on commodities, indices, stocks, cryptocurrencies, metals. InstaForex allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

InstaForex also gives traders access to 5 cryptocurrencies: BCH, BTC, ETH, LTC and XRP.

InstaForex is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

InstaForex Summary

Instaforex provide Forex, CFDs, Stock and Cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading.

Ratings

70%
Trust
50%
Instruments
85%
Features
BonusNone
InstrumentsCurrency pairs, CFDs on commodities, indices, stocks, cryptocurrencies, metals
Demo Account
Min. Deposit€1 to €1000 (Account choice dependent)
Min. Trade0.01 Lots
Regulated ByCySec
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS and Android + Browser based platform
Auto Trading Via Copy Trading service
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Leverage1:30
FTSE Spread0 (€5 fee)
GBPUSD SpreadAv. Floating 0.8
Oil Spread€40 per lot
Stocks Spread0.1% Var (Average)

Forex Trading

Offering a range of Accounts, including ECN, Instaforex can reduce average spreads to just 0.8 pips. The range of pairs offered is also among the largest of any broker.

GBPUSD SpreadAv. Floating 0.8
EURUSD SpreadAv. Floating 0.8
EURGBP SpreadAv. Floating 0.8
Assets200+

Payment Methods

InstaForex accepts the following payment methods:

  • Skrill
  • Sofort
  • Yandex Money
  • Mastercard
  • Perfect Money
  • BPAY
  • Credit Card

Awards

InstaForex is a multiple award-winning broker, with 2 awards received so far.

  • The Best Forex Cryptocurrency Trading Platform 2018 by UK Forex Awards
  • Most Active Broker in Asia 2020 by AtoZ Markets Forex Awards
Risk Warning – Your capital is at risk

FAQ

Is InstaForex Safe?

Yes, most likely, as we gave InstaForex a trust score of 70% in this review. The main negative factor in this score is that InstaForex is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.

Does InstaForex Accept PayPal?

No, InstaForex does not accept PayPal payments.

Is InstaForex Halal?

Yes, InstaForex does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does InstaForex support?

InstaForex only supports the MetaTrader 4 trading platform at this time.

Is InstaForex Regulated?

Yes, InstaForex is regulated by CySec.

The fact that InstaForex is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.

InstaForex vs Other Brokers

If you want to compare InstaForex with other brokers, use the detailed comparisons below.

InstaForex vs
Instaforex provide Forex, CFDs, Stock and Cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading.