InstaForex vs FXOpen

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

InstaForex vs FXOpen Comparison Table 2025
InstaForex FXOpen
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3.2
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3.7
InstaForex is ranked #40 among CFD brokers. FXOpen is ranked #62 among CFD brokers.
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. Founded in 2005, FXOpen is a well-regulated broker that has drawn over one million traders. Tailored for active trading, it offers a diverse range of over 700 markets. The platform facilitates high-frequency trading, scalping, and various algorithmic strategies through the use of expert advisors (EAs).
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
  • 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.
  • FXOpen integrated TradingView in 2022 and enhanced its TickTrader platform in 2024. This upgrade delivers Level 2 pricing, over 1,200 trading instruments, and sophisticated order options. The platform appeals to both seasoned and high-frequency traders.
  • FXOpen significantly cut FX spreads by over 40% in 2022. In 2023, they launched commission-free index trading. These changes make trading more economical for traders.
  • In 2024, FXOpen simplified its account options. Traders now benefit from ECN accounts with raw spreads starting at 0.0 pips. The platform offers rapid execution and reduced commissions for those with high trading volumes, enhancing user experience.
Cons
  • 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.
  • Though FXOpen remains a trusted broker with authorizations from the FCA and CySEC, it lost its ASIC license in 2024 due to 'serious concerns.' Consequently, it no longer accepts traders from Australia.
  • FXOpen's educational resources are quite limited, with a scarcity of courses and webinars commonly available at brokers such as IG. This deficiency may deter novice traders looking to enhance their understanding.
  • Even with an expanded asset portfolio, FXOpen provides a more limited selection of global stocks, commodities, and cryptocurrencies compared to the leading firm BlackBull. This results in fewer diverse trading opportunities for traders.
Awards
  • Best ECN Broker 2012 - Masterforex-V
  • Best Forex Broker in Australasia 2011 - World Finance Magazine
  • Best Islamic Forex Broker 2011 - IB Times Trading Awards
  • Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards
  • Best Trading Platform 2010 - Falcon Awards
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs
Bonus
Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses
Demo Account
Yes Yes
Minimum Deposit
$1 $100
Payment Methods
Minimum Trade
0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica) 0.01 Lots
Regulator
BVI FSC FCA, CySEC, FC
Mobile Apps
iOS and Android + browser based platform iOS & Android
Trading App
The FXOpen Trading App offers a user-friendly experience for trading over 700 global markets. It provides real-time data, level 2 pricing, live charts, and financial news. Over the years, it has achieved one of the highest ratings on the Android app store, reflecting its superior user interface.
iOS App Rating
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3.6
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5
Android App Rating
rating empty
rating full
3.6
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5
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No Yes
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
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
The Copy Trading feature at Instaforex is gaining popularity thanks to its user-friendly design and expanding roster of expert traders and markets. FXOpen's PAMM Copy Trading service enables investors to replicate the strategies of seasoned traders. It offers a clear, performance-focused system with flexibility, automated profit-sharing, and thorough account management.
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
Yes Yes
Tournaments
No Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
€5 $10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • SGD
  • RUB
Commodities
  • Oil
  • Gold
  • Silver
  • Palladium
  • Natural Gas
  • Copper
  • Gasoline
  • Cocoa
  • Coffee
  • Cotton
  • Soybeans
  • Livestock
  • Wheat
  • Orange Juice
  • Platinum
  • Sugar
  • Gold
  • Silver
  • Oil
  • Natural Gas
CFD
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. FXOpen offers an impressive array of CFDs, including over 700 assets like stocks, indices, currencies, commodities, cryptocurrencies, and a wider selection of ETFs. Since 2022, the inclusion of TradingView and enhancements to the TickTrader platform have equipped traders with superior tools. FXOpen thus delivers a comprehensive trading experience.
Leverage
1:30 for retail clients, 1:500 for professional 1:30 (EU, UK), 1:1000 (Global)
FTSE Spread
Fixed 0.7
GBPUSD Spread<
Av. Floating 0.6 pips 0.4
Oil Spread
Fixed 0.04
Stocks Spread
0.1% 0.40 (Apple)
Forex
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
1000+ 50+
GBPUSD Spread
0.6 0.4
EURUSD Spread
0.2 0.2
EURGBP Spread
0.5 0.5
Currency Indices
  • USD
Cryptocurrency
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. FXOpen provides more than 40 cryptocurrency CFDs, featuring both crypto-only pairs and those paired with traditional currencies like GBP, USD, and JPY. Traders can leverage their crypto CFD trades at a ratio of 1:2. There are three types of orders available: market, limit, and stop, and scripts are on hand for automated trading.
Spread
0.1% 9.0 (BTC)
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • and50+more
  • BTC
  • BCH
  • ETH
  • LTC
  • ETC
  • EOS
  • DSH
  • XRP
  • IOT
  • XMR
  • NEO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
InstaForex FXOpen
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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