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InstaForex Review 2024

Last updated Jun 27, 2024
InstaForex is trusted. Tested via live trading.

Highlights of InstaForex

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Register71.99% of retail investors lose money when trading CFDs with this broker
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Trading Assets
ForexIndicesCryptocurrencyStocksETFPrecious MetalsEnergy CarriersSoft Commodities
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InstaForex is a renowned broker offering a wide range of trading instruments and specialized accounts. Unique features such as interest accrual on account balances, the ForexCopy automatic trade copying service, and support for cryptocurrency trading make InstaForex an attractive choice for various traders. Customer support is available 24/7, and fee-free account funding is a significant advantage.

InstaForex is ideal for beginner traders and investors interested in passive income through PAMM accounts, as well as those seeking innovative opportunities such as cryptocurrency trading and automatic trade copying.

Pros and Cons of InstaForex


  1. Large selection of trading instruments.
  2. PAMM accounts and the ForexCopy automatic trade copying service for passive income.
  3. 24/7 efficient customer support.
  4. Wide range of methods for depositing and withdrawing funds.
  5. Decent analytical section.


  1. Trading commissions are above average.
  2. No trading accounts with market execution of orders (ECN or STP).
  3. Broker commission on fund withdrawals.

InstaForex reviews

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InstaForex Broker Overview

Foundation Year2007
Official Website
Regulated in CountriesBritish Virgin Islands, Cyprus, Saint Vincent and the GrenadinesMore Details
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 RUB
Spreadfrom 0 points
Max Leverage1:1000
Trading Assets
  • Forex
  • Indices
  • Cryptocurrency
  • Stocks
  • ETF
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • InstaForex Webtrader
Email Support
Hotline Phones
Social Media

The InstaForex brand has been known to traders since 2007. The company eventually signed a partnership agreement with MetaQuotes Software, the famous MetaTrader trading platform developer. Collaboration with this well-known brand quickly earned client trust and gained popularity in the Forex trading market.

Today, the company positions itself as the number one broker in Asia. InstaForex operates under a license from the British Virgin Islands. The company has a solid reputation, and many traders choose it for Forex trading.

InstaForex Review Summary

Our broker review employs a comprehensive and transparent methodology that allows us to evaluate various aspects of its operations. This includes examining regulatory standards, trading conditions, customer service quality, etc. We aim to provide you with the most complete and unbiased information. You can review our broker evaluation methodology if you would like to learn more about how we assess brokers.

Continue reading the InstaForex review for detailed information to make an informed choice.

Reliability and Regulation

Legal EntityRegulator

InstaForex operates through several legal entities regulated by various financial authorities. However, it's important to note that these are not among the strictest or most authoritative financial market regulators.

Regulation in the British Virgin Islands and St. Vincent and the Grenadines does offer some degree of oversight. Still, they do not carry the same authority and client protection level as regulatory bodies in major financial centers. Cyprus (CySEC), while a member of the EU, is not always considered as stringent a regulator as, for example, the UK's FCA, Australia's ASIC, or the US SEC.

Account Opening


Given the absence of minimum deposit requirements and the option to bypass verification for specific funding methods, it can be said that opening an account with InstaForex is maximally convenient and accessible for a wide range of traders.


Register on the company's website to open a real or demo account with InstaForex. For a real account, identity verification may also be required.

To register with Instaforex, go to the broker's official website and select "Open trading account" or "Open demo account." The specific choice is unimportant, as accounts of both types can be created after registration.

Registration on InstaForex website
Registration on InstaForex website

In the second step, you will receive login details for the personal area and several PIN codes. Write them down in a secure place — this is important, especially when opening a real account.

After registration is complete, the broker will immediately suggest undergoing verification. Let's see how necessary this is.


Verification is not mandatory if you plan to fund your account with electronic money (Skrill, Neteller) or cryptocurrency. But we still recommend going through it, as in practice, the broker often blocks accounts with unverified identities.

For funding with a bank card, verification at Instaforex is mandatory.

To get your account verified, you will need to upload a photo or scans of two documents:

  • for identity verification — a passport, international passport, or residence permit;

  • for proof of residence — a passport (the page with your registration), a bank statement, or a utility bill.

You'll need to verify the card to work with a bank card. For this, you must upload photos of the front and back sides.

For security purposes, be sure to cover part of the information:

  • on the front, leaving only the date, name, and part of the card number visible — the first 6 and the last 4 digits;

  • on the back, hide the three-digit CVC code.

Document and card verification takes up to 72 hours.

InstaForex Client Area

Access to the Instaforex personal area is located at Compared to other brokers, the company offers a curious feature — instant execution of trades directly on the site. To buy or sell an asset, go to the "Trading Account" — "Trading" in the menu. Right in the cabinet, you can configure the order type, price, and stop-loss and take-profit levels.

InstaForex Client Area
InstaForex Client Area

Minimum Deposit

One of the significant advantages of working with InstaForex is the absence of a minimum deposit requirement. This means that traders can start trading with any amount they deem acceptable.

This can be particularly attractive for beginners or those who want to start with a small capital, as they can enter the market and begin trading without worrying about making a large initial deposit.

Miss InstaForex Beauty Contest

Miss InstaForex is an annual beauty contest among female participants. The contest prize fund is 45,000 USD and is distributed as follows:

  • 1st place — 20,000 USD

  • 2nd place — 10,000 USD

  • 3rd place — 5,000 USD

  • Forex Lady nomination — 5,000 USD

  • Insta Choice nomination — 5,000 USD

Online beauty contest winners are determined by online voting on the official contest website.

Annual beauty contest by InstaForex
Annual beauty contest by InstaForex

How to Participate

  1. You register on Instaforex and fill out a particular form in the personal area.

  2. Upload 3 of your photos.

  3. Wait for the voting results.

Account Types


InstaForex accounts offer sufficiently flexible conditions to satisfy the needs of most traders. A significant advantage of the broker includes the availability of cent and Islamic accounts, copy trading and PAMM accounts, VPS, and the opportunity to trade binary options.

However, it should be considered that the instant execution of orders may complicate the execution of large orders, which could be inconvenient for traders with substantial capital.

Trading Accounts

Account CurrencyUSD, EUR, RUBUSD центы, EUR центы
Minimum Deposit1 $1 1 $1
Trading PlatformsMetaTrader 5MetaTrader 4InstaForex Webtrader
Spreadfixedfrom 3 pipsfloatingfrom 0 pipsfor EURUSD~ 0 pipsfixedfrom 3 pipsfloatingfrom 0 pipsfor EURUSD~ 0 pips
Commission per Tradeper 1 lot3 $per 1 lot3 $
Trading AssetsForexIndicesCryptocurrencyStocksETFPrecious MetalsEnergy CarriersSoft Commodities
Opened Positions
Margin Call / Stop Out30% / 10%
Order ExecutionMM
Demo Account
Islamic Account

InstaForex trading accounts are divided into two categories:

  1. Standard accounts have a fixed spread from 3 to 7 points (depending on the specific instrument) with no transaction commission.

  2. Euricaaccounts with zero spread and a transaction commission ranging from 0.03% to 0.07%.

A closer look at the numbers reveals that there is essentially no difference between the accounts. Both Standard and Eurica accounts will charge a trader from 3 to 7 points per transaction in one case it is called a spread and in the other a commission. Eurica accounts may be more convenient for beginners since there is no need to calculate spreads when placing orders in the terminal. However, experienced traders usually prefer the standard rate.

The Stop Out level on all accounts is 10%. A margin position will automatically close if the client's equity falls by 90%. All accounts use the Instant Execution method for order fulfillment, meaning the broker does not route trades to external liquidity providers, potentially complicating the execution of large orders.

Cent Accounts

Each account is presented in two varieties — regular (Insta) and cent (Cent). In the latter case, traders deal in micro lots, allowing them to reduce the transaction amount by 100 times compared to a standard lot.

Also, check all Forex Brokers with cent accounts.

Islamic Accounts

InstaForex offers its clients Islamic accounts or swap-free accounts. To open such an account, contact the broker's support service.

PAMM System

PAMM accounts are a popular way of trust management in Forex. An investor entrusts their capital to one or several traders, each of whom trades according to their strategy. For their services, the trader takes a commission. Meanwhile, the client's funds can only be used for trading and cannot be withdrawn, providing reliable protection against deposit theft.

In the InstaForex PAMM accounts rating, more than 3000 traders are presented. To invest funds, it's sufficient to top up the balance and distribute the money among the selected accounts.

InstaForex PAMM accounts monitoring
InstaForex PAMM accounts monitoring

An investor can view statistics for each InstaForex PAMM. The account card displays the trader's balance and the amount of their funds, profit, and even a breakdown by trading instruments. Good managers usually provide additional descriptions and comments on their strategy.

One of PAMM accounts on InstaForex
One of PAMM accounts on InstaForex

InstaForex PAMM accounts are well-suited for those without trading and investing experience. Nevertheless, they do not promise guaranteed profit and do not protect against potential risks, so caution is necessary.


A direct alternative to PAMM accounts is copy trading. In this case, the money remains in your account, but another trader makes the trading decisions. You purchase buy or sell signals executed automatically without your participation.

InstaForex has developed its trade copying system, ForexCopy. Working with the platform is very similar to investing in PAMM accounts. Many traders offer both options: entrust your money to management or start copying trades.

ForexCopy Traders Rating
ForexCopy Traders Rating

What to choose: PAMM accounts or ForexCopy?

The difference between these instruments is manifested in the following aspects:

  • copying and management commissions for the same trader may vary (either way);

  • for copying, traders sometimes set additional conditions — for example, larger deposits may be required;

  • the main advantage of copying is that you don't need to lock up funds in management: they remain in your account, and you earn profit.

The choice of a specific instrument depends on your preferences and the offer of a particular trader. If desired, you can combine both options.

OYS Accounts

Another form of passive investing on InstaForex is the OYS (On Your Side) accounts.

How OYS Accounts Work

  1. You open an account and deposit 1000 USD or more.

  2. A manager opens a trade on the S&P 500 index.

  3. You can close the trade and pay a 25% commission anytime, only if you profit.

Why the S&P 500 index?

According to Warren Buffett, the S&P 500 index is the best asset for investing. Over the past 70 years, the index has shown an upward trend, recovering after every recession and consistently yielding positive results for its investors.

InstaForex OYS Accounts
InstaForex OYS Accounts

InstaForex Contests

InstaForex regularly holds contests for traders. You can view the current list of competitions on the company's official website.

A notable feature for beginners is the InstaForex contests on demo accounts. By risking virtual money, you can win real prizes.

Among the most exciting contests on InstaForex demo accounts, the following are noteworthy:

  • Sniper. The competition lasts 7 days and is held weekly. The first-place prize is 500 USD; four other participants receive 100 and 400 USD.

  • Lucky Trader. A more extended contest that lasts for 2 weeks. The main prize is 1000 USD. A total of 8 prize places.

  • Real Scalping. Trading takes place over a month, with the main prize being 2000 USD. There are 8 prize places.

  • FX-1 Rally. A contest for the impatient it concludes in 1 day. The prizes are the same as in the Sniper contest.

  • Great Race. The duration of the tournament is 1 month. The Great Race is held once every 2 months. The winner receives 6000 USD, and the prize pool totals 55000 USD.


A VPS is a virtual private data center server operating like a regular computer. It is essential if you plan to use robots or advisors in trading. A VPS works continuously, 24/7, without interruptions.

Types of VPS on InstaForex:

VPS TypeVPS 256VPS 512VPS 1024VPS 2048VPS 3072
RAM256 MB512 MB1024 MB2048 MB3072 MB
Processor400 MHz400 MHz3200 MHz3500 MHz3700 MHz
Unlimited Traffic10 mb/s10 mb/s1 GBit/s1 GBit/s1 GBit/s
Operating SystemWindows Web Server 2008Windows Web Server 2008Windows Server 2012 R2Windows Server 2012 R2Windows Server 2012 R2

VPS Rates

The cost of VPS services varies depending on the trading balance of the client and the VPS plan:

Trading BalanceVPS 256VPS 512VPS 1024VPS 2048VPS 3072
< 500 USD5 USD10 USD12 USD15 USD17 USD
500-1000 USD4 USD8 USD10 USD12 USD15 USD
1000-3000 USD3 USD6 USD8 USD10 USD13 USD
3000-5000 USD2 USD3 USD6 USD8 USD10 USD
> 5000 USDFree2 USD4 USD6 USD8 USD

You can select and order VPS in the personal cabinet under the tab "Company's Services" -> "VPS Service." The cost of the VPS is deducted from the deposit.

After ordering the server, within a day, you will receive login details for the VPS and a link to the setup instructions by email.



InstaForex offers relatively average commissions in comparison to the market. Additionally, the broker may charge a withdrawal fee and an inactivity fee, which can be undesirable for some clients, especially those who trade less actively.

Trading Commissions

Trading commission at InstaForex depends on the account type. On Eurica accounts, there is a transaction commission, while on Standard accounts, the main trading costs are spreads.

Commission per lot

InstaForex charges transaction commissions only on Insta.Eurica and Cent.Eurica accounts, amounting to 3 dollars per 1 lot. These are average commissions for such account types.

Below is the commission per lot for the EURUSD pair with different Forex brokers.

BrokerOlymp TradeUSDTBinomoCFDInstaForexInsta.Eurica
Commission per lot$8$2$3

Spreads and Swaps

InstaForex has high spreads and swaps compared to other brokers.

On Standard accounts, the average spread varies depending on the selected trading instrument, but for most currency pairs it is equal to 3 pips.

AssetAverage spreadSwap longSwap short
AUDUSD3.0 pips-4.90 pips-0.50 pips
EURUSD3.0 pips-9.40 pips1.20 pips
GBPUSD3.0 pips-5.50 pips-3.30 pips
NZDUSD3.0 pips-2.60 pips-3.00 pips
USDCAD3.0 pips-2.50 pips-7.20 pips
USDCHF3.0 pips5.30 pips-13.30 pips
USDJPY3.0 pips-13.50 pips-22.50 pips

Withdrawal Commission

The withdrawal fee from InstaForex depends on the trading activity on the account and the chosen payment system. If active trading is conducted on an account funded through the InstaWallet system, and the funding and withdrawal payment systems differ, the withdrawal fee is 2% of the withdrawal amount. If there is no active trading on the account and the payment systems differ, the withdrawal fee is 5% of the withdrawal amount. No withdrawal fee is charged if the funding and withdrawal payment systems do not conflict.

Inactivity Fee

If a client's account is inactive for three months and has a positive balance, InstaForex is entitled to charge an inactivity fee. This fee is 10 US dollars or the equivalent in US dollars per month. Furthermore, after three months of inactivity, InstaForex reserves the right to close the client's trading account.

Commission Rebates (Rebate)

The broker does not provide rebates to its clients. There is a service,, which operates separately from InstaForex and offers a commission rebate service. Representatives of the broker confirm that is indeed connected with the InstaForex Group. However, real reviews about this site could not be found, so we cannot vouch for the reliability of the service.

Deposit and Withdrawal


InstaForex offers a variety of flexible options for depositing and withdrawing funds, but some fees may be higher than those of some competitors. However, the company compensates for this disadvantage by offering lucrative deposit bonuses.

How to Deposit

Payment SystemCurrenciesDeposit FeeOperation Limit
from 2.4 USD
from 1 USD
from 60 RUB
from 1 USD
from 1 USD
from 300 USD
from 1 USDfrom 60 RUB
from 1 USDfrom 60 RUB
CryptocurrencyBlockchainDeposit FeeOperation Limit
Логотип BitcoinBTC (Bitcoin)BTC
Логотип LitecoinLTC (Litecoin)LTC
Логотип Bitcoin CashBCH (Bitcoin Cash)BCH
Логотип CardanoADA (Cardano)ADA
Логотип TetherUSDT (Tether)ERC20
Логотип TetherUSDT (Tether)TRC20
Логотип TetherUSDT (Tether)BEP20
Логотип TetherUSDT (Tether)BEP2
Логотип DashDASH (Dash)DASH
Логотип EthereumETH (Ethereum)ERC20
Логотип DogecoinDOGE (Dogecoin)DOGE
Логотип Binance CoinBNB (Binance Coin)BEP2
Логотип RippleXRP (Ripple)XRP

Depositing into your InstaForex account is free. Transferring funds using electronic money or cryptocurrency is most convenient since verification for these methods is not mandatory, and the funds are credited quickly. If using a card or bank transfer, the deposit may take several days, especially over weekends.

How to Withdraw Funds

Payment SystemCurrenciesWithdrawal FeeOperation Limit
from 1 USD
from 2 USD
from 1 USD
from 2 USD
from 1 USDfrom 10 to 590000 RUB
from 1 USDfrom 10 to 590000 RUB
CryptocurrencyBlockchainWithdrawal FeeOperation Limit
Логотип LitecoinLTC (Litecoin)LTC
Логотип BitcoinBTC (Bitcoin)BTC
Логотип TetherUSDT (Tether)TRC20
Логотип Binance CoinBNB (Binance Coin)BEP2
Логотип DogecoinDOGE (Dogecoin)DOGE
Логотип Bitcoin CashBCH (Bitcoin Cash)BCH
Логотип EthereumETH (Ethereum)ERC20
Логотип CardanoADA (Cardano)ADA
Логотип DashDASH (Dash)DASH
Логотип RippleXRP (Ripple)XRP

There is a fee for withdrawing money, which depends on the specific payment method used. Using cryptocurrency is usually the most cost-effective.

Funds can only be withdrawn using the same method used to deposit.

This may be inconvenient for some traders, but it is a common practice among brokers to prevent money laundering.

Deposit Bonuses

The list of available Forex bonuses is displayed on the deposit page after selecting the payment method. Most promotions are time-limited — for instance, the once-popular InstaForex no-deposit bonus of 1500 is no longer available today.

Current Bonuses from InstaForex

Bonus Conditions

  • Complete verification is required;
  • Bonus USD can only be used for currency trading, not for CFDs or metals;
  • Bonuses are credited only to MT4 accounts.

100% Bonus

To receive the 100% InstaForex bonus, you must deposit up to 2000 USD and fill out an application to participate in the promotion.

This comes with several significant restrictions:

  • Trading is only possible with leverage up to 1:200;

  • The bonus cannot be withdrawn, but the profit made with bonus funds can be.

InstaForex 100% Bonus
InstaForex 100% Bonus

55% Bonus

The conditions for receiving the 55% bonus are simple - open and fund a trading account using any convenient method, then apply for the bonus.

The minimum trade volume for withdrawing the bonus is 6 lots for every 1 USD received as a gift.

InstaForex 55% Bonus
InstaForex 55% Bonus
A little trick: InstaForex links the bonus to the client and the trading account. You can open several trading accounts in the personal cabinet, and the broker will credit a bonus to each of them.

30% Bonus

Many readers might logically ask why opt for a 30% bonus when you can get 100% immediately. The answer is simple: unlike the previous offer, the 30% bonus can be withdrawn from the wallet.

To receive the 30% bonus, fund your account using any method and apply to participate in the program.

Bonus funds can be withdrawn, but this is not so simple in practice. For every 1 USD received as a gift, the client must trade 3 lots.

InstaForex 30% Bonus
InstaForex 30% Bonus

Club Bonus

All InstaForex clients holding a club card are entitled to a club bonus when funding their trading account.

The club card can be obtained in the personal cabinet.

The size of the club bonus depends on the balance of deposits and withdrawals on the trading account since the club card was paid for.

< 500 USD1%
500-1000 USD2%
1000-1500 USD3%
1500-2500 USD4%
2500-5000 USD5%
5000-7500 USD6%
7500-10000 USD7%
10000-13000 USD8%
13000-15000 USD9%
> 15000 USD10%

The minimum trade volume for withdrawing the bonus is 3 lots for each bonus received.

You can receive a club bonus even if you have already received a 30% bonus.

Promotions for Account Funding

In addition to deposit bonuses, InstaForex clients can participate in promotions.

Current Offers from InstaForex

Chancy Deposit

The promotion is held monthly. The prize fund is 50,000 USD. Each month, the amount of the draw changes - from 1,000 to 10,000 USD.

To participate in the "Lucky Deposit" promotion, you must open and fund a trading account with at least 3,000 USD. After that, you automatically become a participant in the promotion.

InstaForex Chancy Deposit
InstaForex Chancy Deposit

Trade Wise, Win Device

Every two weeks, the company draws four devices: an iPad, iPhone, Samsung, and Samsung Galaxy Tab.

To participate in the promotion, you must fund your trading account with 1,000 USD or more and apply for the contest.

The promotion winners are the owners of accounts whose last digits match the Device number, which is formed from the last 5 digits of the exchange rates of 5 major currency pairs.

Trade Wise, Win Device on InstaForex
Trade Wise, Win Device on InstaForex

Grand Choice

The company draws 6 super prizes:

  1. Lamborghini Urus

  2. Porsche Cayenne GTS

  3. Mercedes-Benz G-Class

  4. Maserati Levante

  5. Tesla Model S Plaid

  6. A cash prize of $200,000

Participating in the promotion is simple - fund your trading account with 1,000 USD.

The promotion's winner is the account owner whose last digits match the Ferrari number - the last 5 digits of the exchange rates of 5 major currency pairs.

The promotion period is 26.12.22 - 12.12.25.

Grand Choice from InstaForex
Grand Choice from InstaForex

Markets and Products


InstaForex provides various trading instruments, including 110 currency pairs and various Contracts for Difference (CFDs). This includes stocks, global indices, metals, energy resources, commodity futures, and cryptocurrencies. There are also InstaFutures for the EUR/USD pair. This variety allows traders to choose from numerous options, ensuring flexibility in trading strategies.

It is important to note that InstaForex offers an impressive amount of leverage, up to 1:1000 for Forex trading. However, traders should know that high leverage increases the risk of losses.

What markets are available?

BrokerOlymp TradeInstaForexBinomo
Precious Metals282
Energy Carriers161
Soft Commodities13


For trading, InstaForex clients have access to 110 currency pairs.


CFDs and Futures

InstaForex offers a variety of CFDs and futures, including:

  • Stocks (primarily US-based)
  • World indices (including S&P 500 and Dow Jones)
  • Metals (gold, silver, palladium)
  • Oil and gas
  • Commodity futures (soy, cocoa, wheat, and others)
  • Cryptocurrencies (Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and others)
  • InstaFutures (weekly and monthly futures on the EUR/USD pair)

Oil and gas are available on InstaForex as futures and perpetual contracts. Be cautious when selecting the specific option: futures contracts have an expiration date after which they are automatically closed. The same principles apply to most commodity futures.


Below are the maximum leverage values for each category of assets:

Trading InstrumentMax. Leverage for Retail Traders
Precious Metals
Energy Carriers
Soft Commodities

This flexibility in leverage allows traders to choose a level of risk and investment that suits their trading style and risk management strategy. However, traders must understand the risks associated with leverage and ensure they manage their positions responsibly.

Trading Platforms


InstaForex offers a wide selection of trading platforms that can satisfy the needs of the vast majority of traders.

In addition to the interface for executing trades in the personal cabinet, InstaForex provides several trading terminals to choose from:

  1. MetaTrader 4: This classic Forex trading terminal is found at most brokers. It is a good choice in every respect. It is available for Windows, iOS, and Android.

  2. MetaTrader 5: A more recent version of the MetaTrader terminal, which has several differences — for example, you cannot simultaneously open opposite positions on the same instrument. Also, MT5 and MT4 from InstaForex differ in selecting trading robots and indicators. Overall, the terminals are similar to each other, so switching from one version to another should not be difficult.

  3. InstaForex Multiterminal: Essentially, MetaTrader 4 can connect up to 128 accounts. This is convenient for traders who combine several trading strategies: they can separate them across multiple accounts and manage all trades in one window. The multiterminal is only available for Windows PCs.

  4. WebTrader: A web terminal that operates in your browser. It is convenient for those who frequently trade from different PCs. The range of functions is limited, but WebTrader has everything necessary for manual trading.

InstaForex WebTrader
InstaForex WebTrader

Beginners are advised to start trading on InstaForex with MT5 or MT4. These platforms have a wealth of ready-made robots, indicators, and educational materials. Remember that deposit bonuses apply only to MT4 accounts, which is an additional argument for this terminal.

The trading terminals can be downloaded for free on the official website or in the broker's personal cabinet.

MetaTrader 5
MetaTrader 5

InstaForex Mobile App

To reiterate, MT4 and MT5 terminals are available for Android and iOS. These platforms are the best for mobile trading — they are stable, easy to use, and functional.

InstaForex also offers its app for Android and Windows. It also allows for full-fledged trading, chart viewing, and account management on MT4. In the past, users encountered numerous problems, but the developers have fixed the main bugs, and reviews of the InstaForex app have become more positive.



The strong suit of the broker InstaForex is an excellent analytical section for beginners. The company's analysts publish daily market forecasts, breakdowns of trading situations, and vital economic news.

Here are the most critical categories in the analytical section:

  1. Forex Forecast: Specific trading ideas and analytical forecasts for the current day with commentary.

  2. Popular Analytics: Similar to the above, the forecast can cover various time intervals. Pattern Graphix: Automated trading robot signals that search for important patterns on the chart.

  3. InstaForex TV: Daily market reviews in video format from leading InstaForex analysts.

  4. Economic Calendar: Indicates the timing of economic events and their impact on market quotes.

  5. Bitcoin Rate: Online chart and news related to the first cryptocurrency.

Of course, InstaForex analytics does not provide 100% accuracy in forecasts. Trading solely based on these articles, without understanding their content, is probably not the best idea. Nevertheless, InstaForex's analytics can be successfully used to gain a deeper understanding of the market and to adjust your trading decisions.

InstaForex TV
InstaForex TV

Additionally, the website offers valuable services for analytics.

InstaForex Services

  1. Dividend Calculator: Helps consider dividend adjustments when trading CFDs on stocks.

  2. Trader Calculator: A tool for calculating the margin of a trade and the cost of a point.

  3. Calendar of International Holidays: Indicates when the market may have low liquidity.

  4. Exchange Hours: Operating hours of trading venues from InstaForex.

  5. Photonews: Photo compilations of events.

  6. Currency Rates and Online Charts: Helps monitor quotes in real-time without a trading terminal. TradingView provides online charts.

If you plan to take a break and distract yourself from trading, InstaForex offers a section with Forex humor or a forum for informal communication.

InstaForex Photonews
InstaForex Photonews



InstaForex offers high-quality and diverse educational materials, including video tutorials, courses, and webinars, which are helpful for beginners and advanced traders. However, access to the entire academic course is open only to owners of trading accounts. This could be a barrier for those who are considering starting trading and want to get more information before registering with a broker.

In the section for beginners on the InstaForex website, there are courses available for self-study on the basics of trading.

Two sections are particularly notable among the educational materials:

  1. InstaForex Video Tutorials: A brief course that introduces you to the basic concepts and methods of market analysis. It is available to all interested parties.

  2. InstaForex Training Course: A detailed guide to trading Forex with an in-depth dive into each topic. The course consists of 16 lectures. It is available only to owners of InstaForex trading accounts, meaning you need to register with the broker to gain access.

InstaForex training course
InstaForex training course

Additionally, InstaForex conducts free webinars every week. Analysts discuss the optimal trading plan for the next 5 days and answer questions from participants in the online meeting. These webinars can be a valuable resource for traders to stay updated on market trends and improve their trading skills.

Customer Support


InstaForex technical support demonstrates a high level of customer service, offering a variety of communication methods and prompt responses to client inquiries.

InstaForex support operates 24/7, and you can contact them in almost any way imaginable:

  • Through messaging apps like Telegram, WhatsApp, and Viber, and via Skype — the current links are posted directly on the company's website.
  • By support phone — you can order a callback on the same website.
  • Through the online chat in the personal cabinet.
  • By email at
  • On the Twitter account @ifx_consultant.

Some departments operate on a fixed schedule, typically from 8:00 to 17:00 (UTC+0). This applies to the finance, dealing, and partnership departments.


InstaForex is a popular broker that offers a wide range of trading instruments and specialized accounts. The unique possibility of accruing interest on the account balance, ForexCopy's automatic transaction copying service, and support for cryptocurrency trading make InstaForex an attractive choice for a variety of traders. Customer support is available round the clock, and account replenishment does not charge any commission, which is a significant plus.

InstaForex is suitable for beginner traders and investors interested in passive income through PAMM accounts, as well as for those looking for innovative features such as cryptocurrency trading and automatic trade copying.


Is InstaForex legit?

Yes, InstaForex is a legitimate broker regulated by multiple financial authorities, ensuring compliance with industry standards and providing a secure trading environment.

Which country is InstaForex from?

InstaForex is based in Cyprus and operates internationally, serving clients from various regions around the world.

Is InstaForex an ECN broker?

No, InstaForex is primarily a Market Maker broker, though it offers some ECN-like features.

How does InstaForex make money?

InstaForex makes money through spreads, commissions on certain account types, and fees for additional services like VPS hosting.

Is InstaForex good for beginners?

Yes, InstaForex is good for beginners due to its user-friendly platform, extensive educational resources, and the availability of demo accounts for practice.

Does InstaForex offer a demo account?

Yes, InstaForex offers a demo account that allows traders to practice and develop their trading strategies without risking real money.

How can I open an account with InstaForex?

To open an account with InstaForex, visit their official website, fill out the registration form, provide the required documentation for verification, and fund your account.

How can I delete my InstaForex account?

To delete your InstaForex account, contact their customer support team, who will guide you through the process and ensure all necessary steps are taken.

What is the minimum deposit for InstaForex?

The minimum deposit for InstaForex is $1, making it accessible for traders with varying budget sizes.

What is the maximum leverage on InstaForex?

The maximum leverage offered by InstaForex is 1:1000, allowing traders to maximize their trading potential.

How do I deposit funds in an InstaForex account?

You can deposit funds in an InstaForex account through various methods such as bank transfers, credit/debit cards, e-wallets, and cryptocurrencies.

How do I withdraw money from InstaForex?

To withdraw money from InstaForex, log in to your account, go to the withdrawal section, choose your preferred withdrawal method, and follow the instructions.

Does InstaForex provide VPS?

Yes, InstaForex provides VPS (Virtual Private Server) hosting to ensure stable and uninterrupted trading, especially for automated trading strategies.

Is InstaForex suitable for scalping?

Yes, InstaForex is suitable for scalping, allowing traders to execute high-frequency trading strategies with tight spreads and fast execution.

Is InstaForex suitable for auto-trading?

Yes, InstaForex is suitable for auto-trading and supports various automated trading solutions, including its ForexCopy system and MetaTrader 4 and 5 platforms.

Is InstaForex suitable for hedging?

Yes, InstaForex allows hedging, enabling traders to open multiple positions on the same instrument in opposite directions to manage risk.

Is InstaForex suitable for spread betting?

No, InstaForex does not offer spread betting as part of its trading services.

Visit InstaForex71.99% of retail investors lose money when trading CFDs with this broker

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.