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InstaForex

InstaForex | 2025-05-20 15:25

Abstract:InstaForex is a broker. The tradable instruments with a maximum leverage of 1:1000 include currencies, shares, indices, metals, oil and gas, commodity futures, cryptocurrencies, and InstaFutures. The broker also provides four accounts. The minimum spread is from 0 pips and the minimum deposit is 1 USD. InstaForex is still risky due to its Suspicious Clone status, high leverage, and bad reviews about difficulty withdrawing money.

InstaForex Review Summary
Founded2019
Registered Country/RegionSaint Vincent and the Grenadines
RegulationFSC (Suspicious Clone)
Market InstrumentsCurrencies, Shares, Indices, Metals, Oil & gas, Commodity futures, Cryptocurrencies, InstaFutures
Demo Account✅
LeverageUp to 1:1000
Spread3-7 (Standard account)
Trading PlatformMT4/MT5/Multiterminal/Web/Mobile trader
Minimum Deposit1 USD
Bonus✅
Customer SupportLive chat
Phone: +9718000321266
Email: support@mail.instaforex.com, complain@instaforex.com
Facebook, Twitter

InstaForex Information

InstaForex is a broker. The tradable instruments with a maximum leverage of 1:1000 include currencies, shares, indices, metals, oil and gas, commodity futures, cryptocurrencies, and InstaFutures. The broker also provides four accounts. The minimum spread is from 0 pips and the minimum deposit is 1 USD. InstaForex is still risky due to its Suspicious Clone status, high leverage, and bad reviews about difficulty withdrawing money.

InstaForex Information

Pros and Cons

Pros Cons
MT4/MT5 availableSuspicious clone FSC license
24/7 customer supportNegative comments about difficulty in withdrawal
Swap freeUnspecific fee information
Spread as low as 0 pips
Demo accounts available
Various tradable instruments
Low minimum deposit
Bonus offered

Is InstaForex Legit?

InstaForex holds a Suspicious Clone license with license type Retail Forex License and the license number is SIBA/L/14/1082, making it less safe than regulated brokers.

Regulated AuthorityCurrent StatusLicensed EntityRegulated CountryLicense TypeLicense No.
British Virgin Islands Financial Services Commission (FSC)Suspicious CloneInstant Trading LtdThe Virgin IslandsRetail Forex LicenseSIBA/L/14/1082
InstaForex license
InstaForex domain

What Can I Trade on InstaForex?

InstaForex offers a wide range of market instruments, including currencies, shares, indices, metals, oil and gas, commodity futures, cryptocurrencies, and InstaFutures.

Tradable Instruments Supported
Currencies✔
Shares✔
Indices✔
Metals✔
Oil & gas✔
Commodity futures✔
Cryptocurrencies✔
InstaFutures✔
Bonds❌
Options❌
ETFs❌
InstaForex products

Account Type & Fees

InstaForex has four account types: Insta.Standard, Insta.Eurica, Cent.Standard, and Cent.Eurica. Traders who want low spreads and low leverage can choose Insta.Eurica and Cent.Eurica accounts. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account TypeInsta.StandardInsta.EuricaCent.StandardCent.Eurica
Minimum Deposit1 USD1 USD1 USD1 USD
Maximum DepositNo limitNo limit1,000 USD1,000 USD
Spread3-703-70
Commission❌0.03%-0.07%❌0.03%-0.07%
Maximum Leverage1:10001:10001:10001:1000

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

InstaForex cooperates with the authoritative MT4 and MT5 trading platform available in Windows, desktop, and mobile to trade. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Trading PlatformSupported Available Devices Suitable for
MT4✔WindowsBeginners
MT5✔Desktop/MobileExperienced traders
Multiterminal✔Windows/
Web✔Web/
Mobile trader✔Android/iOS/Huawei/

Deposit and Withdrawal

The minimum deposit is 1 USD. InstaForex accepts Bank Card, Bitcoin, PayCo, Tether, Ethereum, and more for deposit and withdrawal. However, transfer processing times and associated fees are unknown.

Deposit and Withdrawal

Bonus

InstaForex provides 55% Bonus to every deposit and offers traders a matchless opportunity to receive the 30% Welcome Bonus to their trading account. Every trader holding an InstaForex Club Card is free to apply for the Club Bonus.

Bonus100%55%InstaForex Club Bonus
Bonus amount100%55%33%
Withdrawal✔✔✔
Compatibility❌❌30% bonus

Related broker

Suspicious Clone
InstaForex
Company name:Insta Service Ltd
Score
1.54
Website:https://www.ifxglobe.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.54

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