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InstaForex -

Score

2.32 /10
Danger

InstaForex

The Virgin Islands

2-5 years

Suspicious Regulatory License

MT4 Full License

High potential risk

https://www.ifxinvest.net

Influence

C

Add brokers

Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.40

Risk Management Index0.00

Software Index9.92

License Index0.00

Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-09-20
"Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities"
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Danger

ID BAPPEBTI
2022-02-02
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Tradesto

Broker Information

More

Company Name

InstaFinance Ltd.

Company Abbreviation

InstaForex

Platform registered country and region

The Virgin Islands

Company website

X

WhatsApp

  • 3197006520768

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2025-08-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The broker's claimed The Virgin IslandsFSC regulation (Regulation Number: SIBA/L/14/1082) has not been verified. Please be alert to the risks!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
InstaForex · Company summary
InstaForex Review Summary
Founded2007
Registered Country/RegionBritish Virgin Islands
RegulationFSC(Suspicious clone)
Market InstrumentsForex, Commodities, Indices, Shares, Crypto, Futures
Demo Account✔
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformMetaTrader 4, WebTrader, PAMM System, ForexCopy System
Min Deposit$1
Customer SupportEmail：support@instaforex.com
24/7 Online Chat：Yes
Physical Address：4th Floor, Water's Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin Islands

InstaForex Information

Set up in 2007, InstaForex offers a wide range of trading instruments and high leverage possibilities. Two main advantages of the company are low deposit requirements and thorough educational resources. However, some traders would be concerned as it lacks control in large markets.

InstaForex Information

Pros and Cons

ProsCons
Low minimum deposit of $1Suspicious clone by FSC
High leverage up to 1:1000No MetaTrader 5 platform
Spreads of indices from 1.5 pips

Is InstaForex Legit?

CategoryDetails
Regulatory StatusSuspicious Clone
License TypeRetail Forex License
Regulated ByThe Virgin Islands(FSC)
License NumberSIBA/L/14/1082
Licensed InstitutionInstant Trading Ltd
Is InstaForex Legit?

What Can I Trade on InstaForex?

InstaForex provides over 300 instruments, including forex pairs, commodities, indices, shares, futures, and cryptocurrencies.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Shares✔
Crypto✔
Metals✔
ETFs❌
What Can I Trade on InstaForex?

Account Types

InstaForex offers standard live accounts. Also, a demo account is available.

Account NameMinimum DepositFeaturesSuitable For
Standard Account$1Leverage up to 1:1000cent accounts, swap-free optionsSuitable for all levels of traders

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable For
MetaTrader 4✔Web, Mobile, DesktopAll trading levels
WebTrader✔WebBeginners and casual traders
PAMM System✔Web, DesktopInvestors seeking managed accounts
ForexCopy✔Web, DesktopTraders interested in copy-trading
Trading Platform

Deposit and Withdrawal

InstaForex does not charge fees for deposits. The minimum deposit required is $1 for the Standard Account.

Deposit OptionsMin. DepositFeesProcessing Time
Bank Transfer$1Free1-3 business days
Credit/Debit Card$1FreeInstant
PayPal$1FreeInstant
Bitcoin$1FreeVaries
Litecoin$1FreeVaries
Ethereum$1FreeVaries
Tether$1FreeVaries
Other Payment Methods$1FreeDepends on method chosen
Deposit and Withdrawal

News

ExposureScam Alert: Know the Risky Side of InstaForex in India

you should always Scam Alert in forex market. If something seems too good to be true, it often hides red flags behind it. Therefore, We reviewed InstaForex and reveal hidden risks associated with it. Whether you are an Indian trader, a potential user, or an existing client, it is crucial to understand the risks associated with InstaForex .

WikiFX
2025-08-14 20:18
Scam Alert: Know the Risky Side of InstaForex in India
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User comment

41

Comments

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FX2681521851
0-3months
I don't like this broker at all, very bad user interface and large spreads that make me lose my trade
I don't like this broker at all, very bad user interface and large spreads that make me lose my trade
Translate to English
2025-08-12 05:14
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FX3107746621
0-3months
It’s good, quite better than most brokers I’ve used, good spread and all
It’s good, quite better than most brokers I’ve used, good spread and all
Translate to English
2025-08-12 05:06
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