HF Markets 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 HF Markets and InstaForex
| Broker | HF Markets | InstaForex |
|---|---|---|
| Rating | 4.3/5 | 4.2/5 |
| Foundation Year | 2009 | 2007 |
| Regulated in Countries | Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya | British Virgin Islands, Cyprus, Saint Vincent and the Grenadines |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | HF Markets Review | InstaForex Review |
HF Markets is suitable for traders of any level looking for a reliable broker with good trading conditions and support for MetaTrader 4 and 5.
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.
HF Markets Review
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
HF Markets 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 | HF Markets | InstaForex |
|---|---|---|
| Reliability | 5/5 | 4/5 |
| Foundation Year | 2009 | 2007 |
| Regulated in Countries | Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya | British Virgin Islands, Cyprus, Saint Vincent and the Grenadines |
| Regulators | SVGFSA SVGFSA FSCA FSCA SFSA SFSA - CySEC CySEC FCA FCA DFSA DFSA CMA CMA | BVIFSC BVIFSC CySEC CySEC SVGFSA SVGFSA SVGFSA SVGFSA |
HF Markets
HF Markets is highly regulated and provides dependable services, safeguarding its clients' interests.
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 | HF Markets | InstaForex |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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HF Markets
The account opening process at HF Markets is simple and quick, with a user-friendly interface and standard verification.
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 | HF Markets | InstaForex |
|---|---|---|
| Account Types | 5/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
HF Markets
The broker offers a range of accounts to satisfy the needs of diverse traders.
Pros
- A wide selection of account types to suit different requirements.
- Specialized accounts, such as Cent and Islamic accounts.
- The opportunity to copy trades from successful traders.
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 | HF Markets | InstaForex |
|---|---|---|
| Commissions | 2/5 | 2.2/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.5 | |
| Commission per Lot | $3 | $3 |
HF Markets
HF Markets' commissions are above average for the market.
Pros
- No fees for deposits/withdrawals.
Cons
- Spreads are above average
- High swaps for long-term trading.
- Inactivity fee.
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 | HF Markets | InstaForex |
|---|---|---|
| Rating | 5/5 | 4.7/5 |
| Account Funding Methods |
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HF Markets
HF Markets provides many deposit and withdrawal methods, making the broker convenient for many traders.
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 | HF Markets | InstaForex |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 53 | 108 |
| Precious Metals | 6 | 8 |
| Energy Carriers | 2 | 6 |
| Soft Commodities | 5 | 13 |
| Indices | 11 | 21 |
| Stocks | 95 | 1448 |
| ETF | 33 | 67 |
| Bonds | 3 | - |
| Cryptocurrency | 40 | 72 |
HF Markets
HF Markets offers a wide selection of trading assets, though it has a limited choice of stocks.
InstaForex
A wide range of trading instruments is available on InstaForex, including 110 currency pairs and various Contracts for Difference (CFDs).
Trading Platforms
| Broker | HF Markets | InstaForex |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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HF Markets
HF Markets offers a wide choice of reliable and functional platforms, making it attractive to traders of various levels.
InstaForex
InstaForex offers a wide selection of platforms, which can satisfy the needs of the overwhelming majority of traders.
Analytics
| Broker | HF Markets | InstaForex |
|---|---|---|
| Rating | 5/5 | 5/5 |
HF Markets
HF Markets offers an impressive set of analytical tools and up-to-date news from experts, facilitating effective trading.
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 | HF Markets | InstaForex |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
HF Markets
HF Markets' educational materials are extensive and in-depth, allowing traders of all levels to improve their skills and strategies.
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 | HF Markets | InstaForex |
|---|---|---|
| Rating | 4.2/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
Telegram
Instagram
YouTube
LinkedIn
Whatsapp
OK
VK
Viber
Skype
MessengerHF Markets
HF Markets' customer support is efficient, available through various channels, and responds quickly.
Pros
- Variety of communication channels (email, phone, online chat).
- Quick and professional response.
- Positive user feedback.
Cons
- Absence of instant messaging for quick communication.
- Lack of national phone lines.
- Support is limited to working days (24/5).
InstaForex
The technical support of InstaForex demonstrates good customer service, offering various ways to connect and prompt responses to client inquiries.
