Score
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index7.03
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
More
Company Name
Instant Trading Ltd (BVI)
Company Abbreviation
InstaForex
Platform registered country and region
The Virgin Islands
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
WikiFX Data provide| InstaForexReview Summary | |
| Founded | 2007 |
| Registered Country/Region | The Virgin Islands |
| Regulation | FSC (Suspicious clone) |
| Market Instruments | Forex, CFDs, indices, futures, cryptos |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | Floating around 3.0 pips |
| Trading Platform | MT4, MT5, MultiTerminal, Web Platform, Mobile Trader |
| Minimum Deposit | $1 |
| Customer Support | Facebook, X, Instagram, Telegram, Youtube |
| Live chat, contact form, 24/5 customer support | |
| Tel: +9718000321266 | |
| Email: support@mail.instaforex.com | |
| Address: 27th floor, The Prism Tower, Business Bay, Dubai, UAE | |
| Regional Restrictions | USA |
InstaForex was founded in The Virgin Islands in 2007, offering trading on forex, CFDs, indices, futures, and cryptos with leverage up to 1:1000 and spread from 3.0 pips on MT4, MT5, MultiTerminal, Web Platform, Mobile Trader trading platform. The minimum deposit requirement is $1. Besides, USA residents are not allowed.
| Pros | Cons |
| Free $1,500,000 demo money | Suspicious clone license |
| With demo account | Regional restriction |
| Long operation time | Commission fees charged |
| Various contact channels | |
| Various trading products | |
| Four types of accounts | |
| MT4/MT5 platform | |
| Low minimum deposit of $1 |
InstaForex is licensed by FSC to offer services. Its license number is SIBA/L/14/1082. But the current status is suspicious clone.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | British Virgin Islands Financial Services Commission (FSC) | Suspicious Clone | Instant Trading Ltd | Retail Forex License | SIBA/L/14/1082 |
InstaForex provides a wide range of trading products such as forex, CFDs, indices, futures, and cryptos.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Futures | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Stocks | ❌ |
| Commodities | ❌ |
| Account Type | Minimum Deposit |
| Insta.Standard | $1 |
| Insta.Eurica | $1 |
| Cent.Standard | $1 |
| Cent.Eurica | $1 |
InstaForex offers flexible leverage options, varying by deposits (1:1-1:1000). It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
Trading Fees
InstaForex offers flexible commission options, varying by trading instruments type. Insta/Cent Eurica Account charges fees of about 0.03%-0.07%, while Insta/Cent Standard Account does not charge fees.
InstaForex Spreads
Insta/Cent Standard Account offers spreads from 3.0 pips, and Insta/Cent Eurica Account offers spreads from 0.0 pips.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, web, mobile | Beginners |
| MT5 | ✔ | PC, web, mobile | Experienced traders |
| MultiTerminal | ✔ | PC | / |
| Web Platform | ✔ | Web | / |
| Mobile Trader | ✔ | Mobile | / |
The broker accepts payments via Visa cards, MasterCard cards, and bank transfers.
| Deposit Options | Minimum Deposit | Fees | Processing Time |
| Local deposit from Iran | $1 | Bank fees vary | Within 1-2 days |
| Litecoin | $1 | / | Within 3 hours |
| Bitcoin | $1 | / | Within 3 hours |
| Ethereum | $1 | / | Within 3 hours |
| PayCo | $1 | / | Instant |
| Tether | $1 | / | Within 3 hours |
| Withdrawal Options | Minimum Withdrawal | Fees | Processing Time |
| Litecoin | $1 | 0.5% | Within 1-7 working hours |
| Bitcoin | $1 | 0.5% | Within 1-7 working hours |
| PayCo | $1 | System fee | Within 48 hours |
| Transfer between accounts | $1 | / | Within 1-7 working hours |
| Tether | $1 | 1%-2% | Within 1-7 working hours |
| Ethereum | $1 | 1% | Within 1-7 working hours |
InstaForex is an international brokerage brand, and the companies united under this brand offer forex and CFD trading, providing great all-round service to customers the number of which amount to an impressive seven million. Being one of the best-known and fast-growing international brands, InstaForex has built up a fine reputation with several high-profile sponsorships. Instaforex provide Forex, CFDs, Stock and Cryptocurrency trading.
WikiFX
InstaForex Loprais Team is cooperation between InstaForex and Tatra team, a regular participant of Dakar Rally headed by ambitious Czech driver Ales Loprais. The official team name appeared in May 2011 and brought the squad a victory in the prestigious Silk Way Rally. InstaForex Loprais Team left behind strong rivals such as Kamaz Master, IVECO, and MAN. Benefiting from effective partnership, Ales Loprais’ team reached a new level and our company became the title sponsor of the champions.
WikiFXInstaForex was founded in 2007 by the InstaFintech group of companies. After the registration, the broker signed contracts with MetaQuotes Software, the leading provider of online trading software, and the largest news providers, like eSignal, Reuters, etc. In the first months of its activity, the broker entered into an agreement with large Western counterparties providing access to the foreign exchange market. This marked the start of the InstaForex brokerage company.
WikiFXOn the H4, price has broken out of the descending trendline resistance, signifying bullish momentum. We can expect price to bounce from 1st Support in line with 23.6% Fibonacci retracement towards 1st Resistance in line with 61.8% Fibonacci projection and 61.8% Fibonacci retracement. Our bullish bias is further supported by the EMA period 50 acting as a support Read more: https://instaforex.org/forex_analysis/251981
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