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Score

1.64 /10
Danger

instaforex

Cyprus

10-15 years

Questionable Regulatory License

High Potential Risk

https://www.instaforex.eu

Influence

B

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Comparison

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Website

Score

Regulatory Index0.00

Business Index8.00

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

INSTANT TRADING EU LTD

Company Abbreviation

instaforex

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2026-07-16
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • Current data indicates that this broker does not have trading software. Please be aware of the risk.

WikiFX Verification

instaforex · Company summary
instaforex Review Summary
Founded2007
Registered Country/RegionCyprus
RegulationCYSEC
Market InstrumentsForex, commodities, stocks, cryptos
Demo Account✅
Islamic Account✅
Leverage1:1-1:1000
Spread3-7 pips (Standard account)
Trading PlatformMT4, MT5, multiterminal, web, and mobile trader
Minimum Deposit$1
Customer Support24/7 support, contact form
Tel: +35725654112
Email: support@instaforex.eu
Address: 4th Floor, Water's Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin Islands
Regional Restrictionthe USA

instaforex Information

Instaforex is a regulated broker, offering trading on forex, commodities, and stocks with leverage up to 1:1000 and spread from 0 pips on the MT4, MT5, multiterminal, web, and mobile trader. The minimum deposit requirement is as low as $1.

instaforex Information

Pros and Cons

Pros Cons
Regulated by CYSECRegional restrictions
Demo accounts
Multiple account types
MT4 and MT5 platforms available
Low minimum deposit of $1
No deposit fees

Is instaforex Legit?

Yes. Instaforex is licensed by Cyprus Securities and Exchange Commission (CYSEC) with license number 266/15 to offer services.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
CyprusCYSECRegulatedInstant Trading EU LtdMarket Maker (MM)266/15
license

What Can I Trade on instaforex?

Instaforex offers trading on forex, commodities, stocks, and cryptos.

Tradable Instruments Supported
Forex✔
Commodities✔
Stocks✔
Cryptos✔
Indices❌
Bonds❌
Options❌
ETFs❌
assets

Account Type

InstanstaForex offers four types of live accounts. Besides, it also offers demo accounts and Islamic Account.

Account TypeMinimum Deposit
Insta.Standard$1
Insta.Eurica
Cent.Standard
Cent.Eurica
Account Type
Account Type

Leverage

InstanstaForex offers leverage of 1:1 - 1:1000 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

instaforex Fees

Account TypeSpreadCommission
Insta.Standard3-7 pips❌
Insta.EuricaFrom 0 pips
Cent.Standard3-7 pips
Cent.EuricaFrom 0 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, mobile, webBeginners
MT5✔Desktop, mobile, webExperienced traders
Multiterminal✔Web/
Web✔Web/
Mobile trader✔Android，iOS/
Trading Platform

Deposit and Withdrawal

InstanstaForex accepts Skrill, Neteller, Visa cards, MasterCard cards, bank transfers and cash payments.

Deposit Options

Deposit MethodsDeposit FeesDeposit Time
Neteller❌Instant
Visa/MasterCard 24 hours
Skrill
Cash1-4 hours
Bank transfer4 days
Deposit and Withdrawal
Deposit and Withdrawal

Withdrawal Options

Please pay attention to the commission which a bank can charge for an operation: up to $30.

Withdrawal MethodsMinimum Withdrawal
Bank wire$300
Wallets/E-payments/Bank cards$1
Withdrawal MethodsWithdrawal Time
MoneyBookers/Skrill1-7 hours
Other online payment systems
Bank transfer2-4 days
Visa 1-6 bank days
Withdrawal Options
Withdrawal Options

User Reviews

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User comment

3

Comments

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Charlietheexpert
more than one year
Very impressed with instaforex' commitment to innovation, constantly adding new features and tools to their platform! Even beginners, like me, can enjoy easy trading here! I love its transparent fees and this broker is definitely no.1 in my heart!
Very impressed with instaforex' commitment to innovation, constantly adding new features and tools to their platform! Even beginners, like me, can enjoy easy trading here! I love its transparent fees and this broker is definitely no.1 in my heart!
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2024-07-11 09:44
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Kioety
more than one year
Some of the trader's products require commissions to be paid when they are traded, significantly increasing trading costs. But since the trader had a regular regulator, the safety of my account was guaranteed.
Some of the trader's products require commissions to be paid when they are traded, significantly increasing trading costs. But since the trader had a regular regulator, the safety of my account was guaranteed.
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2024-07-03 17:14
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