• 300+ trading instruments
  • ForexCopy System
  • Cryptocurrency trading
  • Deposit bonuses from 30% to 100%
  • Market analysis
  • High leverage
  • Conditions and trading costs may vary according to entity regulations
  • Spreads are high for some instruments

Reviewed broker: Instaforex

Established in 2007

Operated by Instant Trading Ltd.

Location: 4th Floor, Water’s Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin Islands;

Regulation: Financial Services Commission (FSC) under the Securities and Investment Business Act (SIBA), the British Virgin Islands (BVI).

ECN: yes

Interesting fact: 400 new traders register with Instaforex daily.

Trading instruments: forex, gold and silver, CFDs, binary options

Latest awards received by the Broker: 

Best Forex Broker 2023 at the conclusion of the Forex Traders Summit Dubai


Best Broker 2022 in Latin America according to International Business Magazine

Best Forex Broker Central and Eastern Europe 2020 by International Business Magazine

Most Active Broker in Asia 2020 by AtoZ Markets Forex Awards

The Best Forex Broker Eastern Europe 2019 by International Business Magazine

Why Choose Instaforex?

  • 300+ trading instruments
  • ForexCopy System
  • PAMM System
  • Cryptocurrency trading
  • Binary options
  • Deposit bonuses from 30% to 100%
  • Market analysis
  • Contests
  • 7 000 000 clients
  • Lamborghini for clients
  • Leverage
  • Deposit and withdrawal

Instaforex Review : Trading Conditions and Platforms

Trading Platform: Metatrader 4, Metatrader 5, Webtrader

Segregated accounts for clients funds: yes

Micro forex trade size: 0.0001

Minimum trade size: 0.01

Spread types: fixed

Spreads start from 3 pips

Scalping: allowed

Hedging: allowed

Expert advisors: allowed

AMM accounts: available

Maximum leverage up to 1:1,000

One click trading: yes

Automated trading: yes

Social trading: yes, Forexcopy system

Margin call level: 30%

Stop out level: 10%

Currency pairs: 107

Educational material: forex analytics, instaforex TV, training courses, video tutorials

VPS hosting: free for deposits above $5,000

Autochartist: yes

Pattern Graphix: yes  

Payment Options

Minimum deposit requirement: $1

Major game changer – Skrill nor Neteller are NO LONGER AVAILABLE as deposit or withdrawal methods!

Credit Card (not all cards are processed)

Wire Transfer (currently unavailable!)

Bank transfer in PHP via Asia United Bank, Banco de Oro, Bank of the Philippine Islands, Chinabank,, EastWest, EON by Unionbank, ePSBank Online, Landbank, Maybank, Metrobank, Philippine National Bank, RCBC, Robinsons Bank, Security Bank, UCPB, Unionbank, 



Cryptocurrency deposits

There are no limits to withdrawal. You can always request the withdrawal of any remaining amount on your trading account. 

Instaforex Review : Account types 

Unlimited Forex Demo Account for Free

You can open a fully functional forex demo trading account using professional MetaTrader 4 platform which is rightly considered to be the most popular solution in Forex trading sphere. MetaTrader 4 offers its services on 107 currency instruments, 34 U.S. stocks CFDs, futures CFDs, trades on gold and silver, and many others.

Account types: Insta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica

Comparison and Review of Account types 

Deposit currencyEUR, USDEUR, USDUSD Cents, EUR CentsUSD Cents, EUR Cents
Minimum deposit1 USD1 USD1 USD1 USD
Maximum depositno limitno limit1000 USD1000 USD
Spreads 3-703-70
Minimal trade0.01 of the lot0.01 of the lot0.10 of the lot (equivalent of 0.0001 market lot)0.10 of the lot (equivalent of 0.0001 market lot)
Maximal trade 10000 lots10000 lots10000 lots10000 lots
Leverage 1:1-1:10001:1-1:10001:1-1:10001:1-1:1000
Margin for locks 25%25%25%25%
Margin Call 30%30%30%30%
Stop Out 10%10%10%10%
Interest rate 5%5%5%5%

Note: Eurica accounts are ECN with 0 spreads and trading fee starting at 0.03%

Islamic swap-free accounts: available


InstaForex has complemented the list with new crypto instruments. Above all else, the broker offers trading currency pairs, stocks, futures contracts, and binary options.

The major advantage of trading cryptocurrencies intraday is that such strategies yield high returns in practice. Unlike other financial markets where quotes normally fluctuate by no more than 1%, quotes of digital assets can double within 24 hours.


ChainCoin is a cryptocurrency with its own blockchain that was invented with a view to eliminating intrusion of any banking authority into users’ transactions.


Filecoin is an open-source public cryptocurrency and digital payment system which converts unused hard drive space into an algorithmic market.


Uniswap is a cryptocurrency operating on the Ethereum blockchain. It enables exchanging tokens through liquidity pools without third parties and delays.


Polkadot is a multi-chain network which ensures interaction of all blockchains inside it, thus creating a kind of a web of compatible blockchains which make up a decentralized system.


Dogecoin got its name and logo from the “Doge” meme and features the muzzle of the Shiba Inu dog. This cryptocurrency was invented as the fork of Litecoin in December 2013 and was originally introduced as a funny payment system for Reddit and Twitter users to give tips. This token aroused the interest of Elon Musk. After he had tweeted that Dogecoin was the people’s crypto, its value soared 563%.


Chainlink is a blockchain-based platform aimed to eliminate unauthorized involvement of third parties when exchanging data through complicated smart contracts. This technology ensures advanced protection of information not only inside blockchain but beyond it.


Cardano runs on the proof of stake technology. It was invented as an alternative to Ethereum. This cryptocurrency platform enables creating smart contracts, decentralized apps and protocols as well as instant transactions of digital assets with minor commissions.

So, apart from widely popular cryptocurrencies such as:

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Litecoin
  • Ripple  

Instaforex Review : Trading Platforms


  • 9 time frames
  • Variety of tools for technical analysis
  • Online financial market news
  • Automated trading
  • Locked positions
  • Wide choice of free indicators and advisors
  • Creating your own indicators and advisors (MQL4)
  • High security 128 bit encoding
  • One click trading
  • Trailing stop


  • 21 time frames (MT4 only has 9)
  • Depth of market (Level II pricing) and contract specifications
  • MQL5 – the new generation programming language for designing expert advisors and indicators
  • Automated quotes archive
  • Advanced set of technical tools
  • Fill Policy – a new field in the Order window
  • Buy Stop Limit and Sell Stop Limit orders can now be placed without the help of expert advisors, in order to achieve a double bounce
  • Expiry dates for pending orders
  • Ready-made trading advisors, indicators and scripts available from the in-built online store


Multiterminal allows working with several InstaForex trading accounts at once. Multiterminal is an ideal tool for traders who manage accounts of their clients.(Account Management).

The trading platform runs on the MS Windows OS.


InstaBinary and WebIFX ensure comfortable and successful trading. One of the main advantages of such web platforms is that they do not require any extra plug-in and are compatible with any operating system. A client can trade from any spot in the world. The only condition is access to the Internet.

Learning Material and Latest Promotions 

100% Bonus

Bonus size: 100%

Crediting: first deposit

Profit withdrawal: yes

Maximum leverage: 1:200

Stop out: 100%

55% Bonus

Bonus size: 55%

Crediting: each deposit

Profit withdrawal: yes

Maximum leverage: 1:200

Stop out: 100%

30% Bonus

Bonus size: 30%

Crediting: each deposit

Profit withdrawal: yes

Maximum leverage: 1:1000

Stop out: 10%

Compatible bonuses: club bonus

InstaForex Club Bonus

Bonus size: up to 40%

Crediting: each deposit

Profit withdrawal:  yes

Maximum leverage: 1:1000

Stop out: 10%

Compatible bonuses: 30%

Chancy Deposit

Bonus size: up to 50%

Crediting: once

Profit withdrawal: yes

Maximum leverage: 1:1000

Stop out: 10%

Compatible bonuses: 30%, 55%

Contests and campaigns by InstaForex

InstaForex regularly holds exciting Forex contests allowing participants to challenge their trading skills. The contests winners are awarded real prizes. The annual prize pool is more than $500,000! In addition, you can win a premium car, a brand-new device or an unforgettable trip.

Instaforex club: offers range of privileged options, special bonuses

Customer support: available 24/7 via email, phone, online chat

How was the rating of Instaforex performed compared to other brokers? 

This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Instaforex FX broker performance and features. 

Overall our online Instaforex review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Freshforex or you find inaccurate details Instaforex broker review please get in touch with us and the changes will be applied.  

InstaForex Details

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Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2023, market analysis, trading signals, learning resources and comparison tables. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Currency trading is not suitable for all investors. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice.