Home / Forex Brokers in Australia / InstaForex Broker Review

InstaForex Broker Review

FX Scouts By Jeffrey Cammack Updated: February 13, 2020
Overall Rating
3.62 / 5
Min. DepositUSD 10
Max. Leverage1000:1
Min. Spread0.0 pips
RegulatorsCySEC,B.V.I FSC
Regulator Origin CySEC B.V.I FSC
Broker TypeECN

Reviews

Trust Rating
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service

 

Beginner Friendly Standard
Bonuses
Our Review Process

Trading Conditions

Minimum DepositUSD 10
Base currenciesUSD, EUR, GBP, AUD
Number of FX Pairs110
Hedging Allowed Yes
Scalping Yes
Swap-Free Accounts Yes

Average Spreads

EUR / USD
GBP / USD
USD / JPY

Company Details

Company nameInstaForex Group
Founded2007
Website Visit Website
TypeECN
RegulatorsCySEC,B.V.I FSC
Office locations Bangladesh, Ghana, Guatemala, Hong Kong, India, Indonesia, Kazakhstan, Malaysia, Moldovia, Nigeria, Pakistan, Peru, Tunisia, Ukraine

Deposit & Withdrawal Methods

Supported Platforms for InstaForex

Visit Broker Open Account

Most retail CFD accounts lose money. Your capital is at risk.

IC Markets
XM Ultra Low Account

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Overall Rating 3.62 / 5 3.69 / 5 3.64 / 5
Minimum DepositUSD 10AUD 500USD 5
Regulation
CySEC CySEC
B.V.I FSC B.V.I FSC
CySEC CySEC
FCA FCA
B.V.I FSC B.V.I FSC
Broker TypeECNMarket MakerMarket Maker
Trading InstrumentsCommodities, Forex, EquitiesCommodities, Forex, Indicies, Equities, ETFsCommodities, Cryptocurrencies, Forex, Indicies, Equities, Spread Betting
Forex Pairs1104853
Crypto Pairs25
Read Full Review Read Full Review
Trust Rating 4 / 5 3.5 / 5 4 / 5
Trading Conditions 3 / 5 3.5 / 5 3 / 5
Trading Platforms 4 / 5 4 / 5 4 / 5
Deposit & Withdrawal 4 / 5 4.5 / 5 3 / 5
Education & Research 3 / 5 3 / 5 3 / 5
Assets Available 3.5 / 5 4.5 / 5 4.5 / 5
Customer Service 4 / 5 3 / 5 4 / 5
% Lose with this broker 62.8% of retail investor accounts lose money when trading CFDs with this provider 63.04% of retail investor accounts lose money when trading CFDs with this provider 80.95% of retail investor accounts lose money when trading CFDs with this provider
Leverage1000:1400:11000:1
Spread0.0 pips3.0 pips0.0 pips
Hedging Yes No Yes
Scalping Yes No Yes
Account Types
  • Cent.Eurica (Mini)
  • Cent.Standard (Mini)
  • Insta.Eurica (Mini)
  • Insta.Standard (Mini)
  • Islamic
  • Gold (Vip)
  • Islamic
  • Mini (Professional)
  • Platinum (Vip)
  • Standard (Professional)
  • VIP (Vip)
  • ECN Zero Account (Mini)
  • Standard Fixed (Mini)
  • Standard Variable (Mini)
  • VIP Varibale (Vip)
Swap-Free Accounts Yes Yes Yes
Trading Platforms MT4 MT4, Sirix MT4, Sirix
Funding Methods Bank Transfer, Visa, Mastercard, Skrill, Neteller, Bitcoin, Unionpay, Broker to Broker Bank Transfer Bank Transfer, Sofort Banking, Visa, Mastercard, Maestro, Skrill, Neteller
Trading Commission Fees Included in Spread Fees Included in Spread Fees Included in Spread
Clear all brokers

InstaForex

Visit Website

Trade360

Visit Website

GKFX Prime

Visit Website
Overall Rating 3.62 / 5 3.69 / 5 3.64 / 5
Minimum DepositUSD 10AUD 500USD 5
Regulation
CySEC CySEC
B.V.I FSC B.V.I FSC
CySEC CySEC
FCA FCA
B.V.I FSC B.V.I FSC
Broker TypeECNMarket MakerMarket Maker
Trading InstrumentsCommodities, Forex, EquitiesCommodities, Forex, Indicies, Equities, ETFsCommodities, Cryptocurrencies, Forex, Indicies, Equities, Spread Betting
Forex Pairs1104853
Crypto Pairs25
Read Full Review Read Full Review
Trust Rating 4 / 5 3.5 / 5 4 / 5
Trading Conditions 3 / 5 3.5 / 5 3 / 5
Trading Platforms 4 / 5 4 / 5 4 / 5
Deposit & Withdrawal 4 / 5 4.5 / 5 3 / 5
Education & Research 3 / 5 3 / 5 3 / 5
Assets Available 3.5 / 5 4.5 / 5 4.5 / 5
Customer Service 4 / 5 3 / 5 4 / 5
% Lose with this broker 62.8% of retail investor accounts lose money when trading CFDs with this provider 63.04% of retail investor accounts lose money when trading CFDs with this provider 80.95% of retail investor accounts lose money when trading CFDs with this provider
Leverage1000:1400:11000:1
Spread0.0 pips3.0 pips0.0 pips
Hedging Yes No Yes
Scalping Yes No Yes
Account Types
  • Cent.Eurica (Mini)
  • Cent.Standard (Mini)
  • Insta.Eurica (Mini)
  • Insta.Standard (Mini)
  • Islamic
  • Gold (Vip)
  • Islamic
  • Mini (Professional)
  • Platinum (Vip)
  • Standard (Professional)
  • VIP (Vip)
  • ECN Zero Account (Mini)
  • Standard Fixed (Mini)
  • Standard Variable (Mini)
  • VIP Varibale (Vip)
Swap-Free Accounts Yes Yes Yes
Trading Platforms MT4 MT4, Sirix MT4, Sirix
Funding Methods Bank Transfer, Visa, Mastercard, Skrill, Neteller, Bitcoin, Unionpay, Broker to Broker Bank Transfer Bank Transfer, Sofort Banking, Visa, Mastercard, Maestro, Skrill, Neteller
Trading Commission Fees Included in Spread Fees Included in Spread Fees Included in Spread

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