AMarkets vs InstaForex Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of AMarkets and InstaForex
| Broker | AMarkets | InstaForex |
|---|---|---|
| Rating | 4.4/5 | 4.2/5 |
| Foundation Year | 2007 | 2007 |
| Regulated in Countries | Cook Islands, Comoros | British Virgin Islands, Cyprus, Saint Vincent and the Grenadines |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:3000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | AMarkets Review | InstaForex Review |
AMarkets is suitable for independent traders and investors due to various accounts, narrow spreads, and the possibility of engaging in copy trading.
InstaForex is suitable for beginner traders looking for simple conditions and education but may be unsuitable for professionals with large deposits due to wide spreads and low liquidity.
AMarkets Review
AMarkets is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.
Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform.
Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income.
Pros and Cons of AMarkets
Pros
- A wide range of trading assets.
- Extensive analytical capabilities using modern tools and trading robots.
- No commissions on many operations.
- Convenience and simplicity of opening an account and managing it.
Cons
- Not the most extensive educational materials.
- On some assets, spreads are higher than those of competing Forex brokers.
AMarkets is in the top 10 of the following ratings:
InstaForex Review
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.
Pros and Cons of InstaForex
Pros
- Large selection of trading instruments.
- PAMM accounts and the ForexCopy automatic trade copying service for passive income.
- 24/7 efficient customer support.
- Wide range of methods for depositing and withdrawing funds.
- Decent analytical section.
Cons
- Trading commissions are above average.
- No trading accounts with market execution of orders (ECN or STP).
- Broker commission on fund withdrawals.
InstaForex is in the top 10 of the following ratings:
Reliability
| Broker | AMarkets | InstaForex |
|---|---|---|
| Reliability | 3.6/5 | 4/5 |
| Foundation Year | 2007 | 2007 |
| Regulated in Countries | Cook Islands, Comoros | British Virgin Islands, Cyprus, Saint Vincent and the Grenadines |
| Regulators | FSC of Cook Islands FSC of Cook Islands MISA MISA SVGFSA SVGFSA | BVIFSC BVIFSC CySEC CySEC SVGFSA SVGFSA SVGFSA SVGFSA |
AMarkets
The broker ensures stable and reliable operational activities, albeit with offshore regulation.
Pros
- Client fund segregation.
- Protection by The Financial Commission's compensation fund.
- Quality of execution verified by Verify My Trade.
InstaForex
InstaForex operates through multiple legal entities regulated by various financial authorities. However, it should be noted that these are not the strictest or most authoritative market regulators.
Account Opening
| Broker | AMarkets | InstaForex |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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AMarkets
Opening an account at AMarkets is quite simple and convenient, involving direct registration, identity verification, and selecting the appropriate type of account.
InstaForex
Given the lack of minimum deposit requirements and the option to bypass verification for certain funding methods, it can be said that opening an account with InstaForex is maximally convenient and accessible.
Account Types
| Broker | AMarkets | InstaForex |
|---|---|---|
| Account Types | 4.8/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:3000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
AMarkets
The broker offers various accounts to meet different traders’ needs.
Pros
- A large selection of account types (Standard, Fixed, ECN, Crypto).
- The possibility of obtaining VIP status for improved trading conditions.
- The unique opportunity to transfer profits from a demo account to a real one.
Cons
- No cent accounts.
InstaForex
InstaForex accounts offer sufficiently flexible conditions to meet the needs of most traders.
Pros
- Cent and Islamic accounts are available
- PAMM accounts and copy trading services are provided
Cons
- No market execution of orders
Commissions
| Broker | AMarkets | InstaForex |
|---|---|---|
| Commissions | 4/5 | 2.2/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | 1.6 | |
| Commission per Lot | $2.5 | $3 |
AMarkets
AMarkets is a broker that provides low commissions, which makes it more appealing to traders.
Pros
- Low transaction commission.
- No inactivity fee.
- The broker covers the payment system commissions for account funding.
Cons
- Spreads on some instruments are higher than competitors.
InstaForex
InstaForex offers its clients trading commissions above average compared to other brokers.
Pros
- Transaction commission slightly below market average
- Commission rebates (rebate) are available
Cons
- Inactivity fee is charged
- Withdrawal fees may apply
- Wide spreads
Deposit and Withdrawal
| Broker | AMarkets | InstaForex |
|---|---|---|
| Rating | 5/5 | 4.7/5 |
| Account Funding Methods |
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AMarkets
The account funding and withdrawal conditions at AMarkets are convenient for clients, with a wide range of payment systems available.
Pros
- No broker commissions for deposits and withdrawals.
- Fast fund crediting and processing of withdrawal requests.
- A large selection of payment systems, including cryptocurrencies.
Cons
- Payment system commission on withdrawals.
InstaForex
InstaForex provides various flexible options for depositing and withdrawing funds, although some fees may be higher than those of some competitors. This disadvantage is offset by the company's offer of advantageous deposit bonuses.
Markets and Products
| Broker | AMarkets | InstaForex |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 42 | 108 |
| Precious Metals | 7 | 8 |
| Energy Carriers | 4 | 6 |
| Soft Commodities | 7 | 13 |
| Indices | 16 | 21 |
| Stocks | 437 | 1448 |
| Bonds | 2 | - |
| Cryptocurrency | 27 | 72 |
| ETF | - | 67 |
AMarkets
The broker provides a vast array of trading assets, such as currency pairs, metals, cryptocurrencies, bonds, commodities, and indices. The broker offers high leverage and the option of scalping, making it particularly attractive.
InstaForex
A wide range of trading instruments is available on InstaForex, including 110 currency pairs and various Contracts for Difference (CFDs).
Trading Platforms
| Broker | AMarkets | InstaForex |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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AMarkets
AMarkets provides time-tested MetaTrader 4 and 5 platforms and a convenient mobile app.
Pros
- Reliable and popular MT4 and MT5 platforms.
- Mobile app with high user ratings.
Cons
- No alternative to MetaTrader.
InstaForex
InstaForex offers a wide selection of platforms, which can satisfy the needs of the overwhelming majority of traders.
Analytics
| Broker | AMarkets | InstaForex |
|---|---|---|
| Rating | 5/5 | 5/5 |
AMarkets
AMarkets offers excellent analytical tools and services.
Pros
- An extensive set of analytical tools.
- Proprietary trading robots and advisors.
- A thoughtful and professional analytical department.
InstaForex
A strong point of InstaForex is its robust analytical section for beginners. The company's analysts publish daily market forecasts, breakdowns of trading situations, and important economic news.
Education
| Broker | AMarkets | InstaForex |
|---|---|---|
| Rating | 2.5/5 | 4.5/5 |
AMarkets
Educational materials at AMarkets are limited and may not meet the needs of beginner traders.
Pros
- There is a blog with useful articles.
Cons
- Lack of comprehensive educational programs.
- No webinars, video tutorials, courses.
InstaForex
InstaForex provides high-quality and diverse educational materials (video tutorials, courses, webinars), benefiting beginners and advanced traders. However, access to the entire training course is open only to owners of trading accounts.
Customer Support
| Broker | AMarkets | InstaForex |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Whatsapp
VK
Telegram
YouTube
LinkedIn
OK
Viber
Skype
Twitter
MessengerAMarkets
Technical support at AMarkets is efficient and available 24/7, providing various communication channels for customer convenience.
InstaForex
The technical support of InstaForex demonstrates good customer service, offering various ways to connect and prompt responses to client inquiries.
