InstaForex Review

InstaForex Logo

Established in 2007, InstaForex is a popular brand in the online brokerage industry, serving over 7,000,000 traders across the globe. They offer forex and CFD trading services in over 300 tradable instruments, spread across currency pairs, cryptocurrency, stocks, indices, metals, energies, and other commodities. The broker provides flexible trading platforms with good execution speed, competitive floating or fixed spreads, and negative balance protection. Their liquidity is provided by top-tier banks, such as J.P. Morgans, UBS, Barclays, HSBC, Morgan Stanley, and Citibank. They have about 260 regional offices around the world with customer support in 30 languages.

InstaForex Review - Features
InstaForex Review – Features

InstaForex Review Introduction

In this InstaForex review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including InstaForex.

InstaForex Platforms & Tools

InstaForex provides their clients with their own in-house developed trading platform, WebIF, which is a web-based platform that can load on most modern browsers. In addition, they provide the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which come in web-based versions, installable desktop applications for Mac and Windows computers, and mobile trading apps for Android and iOS devices.

InstaForex Review - MetaTrader 4 (MT4) Trading Platform
InstaForex Review – MetaTrader 4 (MT4) Trading Platform

The broker also provides useful trading tools, such as ForexCopy System, PAMM System, Pattern Graphix, VPS, Economic Calendar, and InstaForex Toolbar.

InstaForex Research & Education

InstaForex has a vast range of educational tools, such as training courses, tutorial videos, mobile educational app, trading glossary, and daily market analysis. The training course is form clients that have made a minimum of $100 deposit, and it contains detailed information on a wide range of topics, such as fundamental analysis, technical analysis, trading psychology, money management, trading strategy, and others.

InstaForex Review - Training Course
InstaForex Review – Training Course

InstaForex Trading Accounts

The broker offers a number of different trading accounts, which can be opened in USD, EUR, and RUB. The account types include:

  • Standard Account: The minimum deposit is $1 for a micro account, $100 for a mini account, and $1,000 for a standard account, and it has variable spreads, starting from 3 pips
  • Eurica Account: No limit on minimum deposit, tighter spreads, starting from 0 pip
  • Standard Account: This is like the standard account, but it’s for new traders who want to start with minimal trading volume.
  • Eurica Account: Like the Eurica account but just for new traders

InstaForex Account Funding

The broker accepts several payment methods, including bank transfer, MasterCard and Visa credit cards, and online payment processors, such as Skrill and Neteller. They also accept Bitcoin payments. Bank transfers may take some days to clear, but other methods may be instant.

InstaForex Customer Service

InstaForex offers support services in 30 languages, and they are available 24 hours a day on all trading days. You can reach them via local telephone numbers, live chat, and email. They can also be reached through Telegram, Skype, and WhatsApp

InstaForex Regulation

The InstaForex brand is operated by a group of related companies that operate in different countries and are regulated by the financial authority of those countries. Hence, the InstaForex brand is regulated as follows:

  • Instant Trading Ltd is licensed and regulated the British Virgin Islands Financial Services Commission (BVIFSC)
  • Insta Service Ltd is registered in St. Vincent and the Grenadines and is regulated by the country’s Financial Services Authority (SVGFSA)
  • Instant Trading EU Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) and abides by the MiFID rules of the European Securities and Markets Authority (ESMA)

InstaForex Review Summary

InstaForex is a popular online forex and CFD broker. They offer trading in over 300 instruments across different asset classes, providing unique trading conditions, multiple trading platforms, and useful tools.

It is worth mentioning that some of the trading products and services in this InstaForex review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the InstaForex broker website which you can visit by using the link below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.














  • Multiple user-friendly trading platforms
  • Useful trading tools, such as ForexCopy System, PAMM System, Pattern Graphix, VPS
  • Over 300 tradable instruments
  • Lots of educational resources