InstaForex vs Infinox

InstaForex or INFINOX – which is better for UK traders 2024? Compare InstaForex and INFINOX in this detailed breakdown of their platforms, features and fees.

InstaForex vs INFINOX Comparison Table 2024
InstaForex INFINOX
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3.7
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3.4
InstaForex is ranked #15 among CFD brokers. INFINOX is ranked #76 among CFD brokers.
InstaForex is a forex and CFD broker founded in 2007. The broker offers diverse market coverage to over 7 million clients, spanning traditional assets like currencies and shares, as well as other interesting opportunities such as IPOs. Traders can also access copy trading services, PAMM accounts and investment opportunities. InstaForex is regulated by the BVI FSC. Infinox is a UK-based and FCA-regulated broker that offers diverse trading products thanks to its STP and ECN account types and support for MetaTrader 4, MetaTrader 5 and a proprietary platform. Clients can also benefit from a free VPS that can support automated strategies and a social trading platform, catering to both beginner and seasoned traders.
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 delivers a superb trading environment, with the powerful MT4 and MT5 platforms offering dozens of technical analysis tools, automation capabilities and multiple order types
  • The broker is a particularly good pick for serious forex traders, with over 100 currency pairs, tight spreads from 0.0 pips and a market-leading selection of curated forex market resources
  • The broker is accessible for beginners, with low minimum deposits, Cent accounts (for global clients) and zero-commission trading available
  • There’s a copy trading service available with just a $10 minimum deposit, allowing clients to become both followers and providers
  • There’s a decent range of free and fast payment methods including local bank transfers, bank cards, e-wallets and cryptos
  • InstaForex has a strong industry reputation, with a 15+ year history and serving over 7 million clients
  • The advanced IX Exchange will serve active traders with sophsticated analysis tools
  • A well-rounded broker with a choice of pricing models, platforms, apps and accounts
  • The copy trading service and zero minimum deposit make Infinox suitable for beginners
  • FCA is a tier-one regulator boosting the broker's trust and security score
  • Multiple account currencies serving global traders
  • No inactivity fee to deter casual traders
  • Low starting deposit of just £1
Cons
  • The broker’s global branch offers weaker regulation via the offshore jurisdiction of the British Virgin Islands, which means non-EU traders will receive limited safeguards
  • Market coverage and account conditions vary significantly between the global and EU entities - for example, only 300+ instruments are available for global clients, whilst European traders can access 2500+
  • The broker’s website and client cabinet feel outdated and difficult to navigate for newcomers
  • Market research is less insightful and frequent than competitors
  • No weekend customer support
Awards
  • Best Forex Broker, International Investor Awards 2022
  • Best Crypto Broker 2022, Forexing.com
  • Best Customer Service Broker 2022, AllForexBonus.com
  • Best Broker 2022 in Latin America, International Business Magazine
  • Best Affiliate Program 2022, GBM
  • Best Forex Broker 2022, International Investor Awards
  • Most Active Broker in Asia 2020, AtoZ Markets Forex Awards
  • Best Affiliate Program 2020, Global Brands Magazine
  • Best Broker in Asia 2019, Le Fonti Awards
  • Best Managed Account 2019, IAFT Awards
  • Best ECN Broker in Asia 2018, International Business Magazine
  • Best Forex Broker For Long Term Trading 2022
  • Best Forex Copy Trading Platform Africa 2021
  • Best Trading Account Margin Rates 2020
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures Forex, CFDs, Indices, Shares, Commodities, Futures
Bonus
Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses
Demo Account
Yes Yes
Minimum Deposit
$1 £1
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, SCB, FSCA
Mobile Apps
iOS and Android + browser based platform iOS & Android
iOS App Rating
rating empty
rating full
3.6
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Android App Rating
rating empty
rating full
3.6
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Margin Trading
Yes Yes
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
No Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No Yes
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 Yes
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
The Copy Trading facility at Instaforex is increasingly popular, due to the clear design and growing list of specialist traders and markets. With IX Social (Infinox social trading), you can automatically replicate the trades of the best investors. On the negative side, the usability and choice of master traders lags behind competitors like eToro.
Social Trading
Yes Yes
Trade Signals
MQL4 & MQL5
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
Commodities
  • Oil
  • Gold
  • Silver
  • Palladium
  • Natural Gas
  • Copper
  • Gasoline
  • Cocoa
  • Coffee
  • Cotton
  • Soybeans
  • Livestock
  • Wheat
  • Orange Juice
  • Platinum
  • Sugar
  • Gold
  • Silver
  • Oil
  • Copper
  • Natural Gas
  • Cotton
  • Cocoa
  • Soybeans
  • Sugar
  • Wheat
  • Coffee
CFD
You can trade CFDs across a range of diverse markets with flexible account types and leverage up to 1:1000. With access to both MT4 and MT5, traders can execute multiple short-term CFD trading strategies using the dozens of pre-integrated technical indicators and graphical objects. Trade CFDs on forex, stocks, commodities and indices with tight spreads and leverage limited to the FCA-sanctioned maximum of 1:30. Infinox traders benefit from lightning-fast execution speeds and a choice between STP and ECN pricing, making this a flexible option for beginner and serious traders.
Leverage
1:30 for retail clients, 1:500 for professional 1:30 (UK), 1:200 (Global)
FTSE Spread
Fixed 0.9
GBPUSD Spread<
Av. Floating 0.6 pips 0.4
Oil Spread
Fixed 0.06
Stocks Spread
Commissions as low as 0.1% 0.02 USD
Forex
InstaForex's range of 100+ currency pairs is among the largest we have seen. ECN spreads are also available from 0.0 pips with zero commissions. Minimum deposits start from $1 making the broker accessible for beginners. You can also access market-leading forex analysis and insights. Trade 45 major, minor and exotic forex pairs. This is an average range, but the broker offers attractive and very competitive tight floating spreads from 0.3. Useful features including a news feed set the broker apart from many rivals and can help plan forex strategies.
Assets
1000+ 45+
GBPUSD Spread
Av. Floating 0.6 0.4
EURUSD Spread
Av. Floating 0.2 0.3
EURGBP Spread
Av. Floating 0.5 0.3
Currency Indices
  • USD
  • USD
InstaForex INFINOX
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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