5.8/10
(236 qualified reviews)
US Traders
  • Interest rate on funds
  • Bonus offers
  • Trading contests
  • PAMM accounts
  • Affiliate program
  • Islamic accounts available
  • Company InstaForex
  • Founded in 2007
  • Online since 2008
  • Offices in
    • Russian Federation
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • MetaTrader 4
    • MetaTrader 5
  • Account currencies
    • Euro
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Website available in
    Show website languages Hide website languages
  • Support available in
    • Arabic
    • English
    • Indonesian
    • Malay
    • Russian
  • Support methods
    Show support methods Hide support methods
  • Trading server time zone GMT+3
  • VPS for traders Free for deposits greater than $5,000.
  • Special notes Free Autochartist analysis software.
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 3
  • Scalping Forbidden
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:1000
    • Gold & silver1:100
    • CFD1:10
    • Binary options
    • Cryptocurrencies1:3
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
  • Digits after dot 4
  • Margin call level 30%
  • Stop-out level 10%
  • Number of currency pairs (of which exotic) 107 (60)
  • Special notes MT5 hedging accounts available.
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $30
  • Scalping Forbidden
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:1000
    • Gold & silver1:100
    • CFD1:10
    • Binary options
    • Cryptocurrencies1:3
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
  • Digits after dot 4
  • Margin call level 30%
  • Stop-out level 10%
  • Number of currency pairs (of which exotic) 107 (60)
  • Special notes MT5 hedging accounts available.
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1
  • Minimum position size 0.0001 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 3
  • Scalping Forbidden
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:1000
    • Gold & silver1:100
    • CFD1:10
    • Binary options
    • Cryptocurrencies1:3
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
  • Digits after dot 4
  • Margin call level 30%
  • Stop-out level 10%
  • Number of currency pairs (of which exotic) 107 (60)
  • Special notes MT5 hedging accounts available.
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1
  • Minimum position size 0.0001 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $30
  • Scalping Forbidden
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:1000
    • Gold & silver1:100
    • CFD1:10
    • Binary options
    • Cryptocurrencies1:3
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
  • Digits after dot 4
  • Margin call level 30%
  • Stop-out level 10%
  • Number of currency pairs (of which exotic) 107 (60)
  • Special notes MT5 hedging accounts available.
View contract specifications

Reviews

197 reviews of InstaForex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, Indonesia.

I have been with Insta forex brokers for quite sometime and they offer leverage of up to 1:1000. pleased with the team who are all supportive and helpful. No problem with withdrawal at all and i just get my $50.000 withdrawal from instaforex... love it!!

, Nigeria.

I made this withdrawal from insta forex on saturday which is non working day i got this message from instaforex,

You have submitted the request for withdrawal from account 127903

Transfer details are presented below:

Date and Time (GMT+2): 11/01/2014 08:22:42

Payment system: EgoPay, account ******@yahoo.co.uk

Total amount: 20.00 USD

On monday which is next working day i got this message from EGOPAY.com

EgoPay Team

Jan 13 at 4:27 AM

To

********@.co.uk

EgoPay

Dear Okeniyi Joshua Oladoke,

We are pleased to inform that you have received a payment to your account.

From: egopay@instaforex.com

Amount: $20.00

Please what else client expect from reliable broker, if you have problem with instaforex you better read their rule and regulation before you sign up .

, iraq.

if you want to lose your money then you come to the right place this company is the worst broker i have ever seen they seized my money through liberty reserve thank god i only have 44 $ dollar they cut 15 $ because of libertyreserve termination and the rest of the money i can only withdraw it to solidtrust pay or nettler or liqpay and the three payment method not work with me because they do not deals with citizens from iraq and they know that scam broker

my money is gone

, Viet Nam.

My account is 1285716. I have been submitted withdrawal request from 16/12/2013. And Now I am not received money from instaforex. I have contact many times via live chat and contact to Finance Department but they said that: please wait. I am still waiting but they don't reply. I say I need reason about delay payment but they don't reply email. Manager please for me a reason about that. I am dissatisfied with support of instaforex because They can't give me exactly reason. Please solve my problem soon, thank you!

, Czech republic.

Instaforex is the worst broker I have ever used.

Their support really sucks, they do not even pretend they are trying to help you they just copy paste part of terms.

They do not reply to emails.

They are delaying your withdrawal forever.

When I found how ridiculously high commission they have requested a withdrawal.

Nothing happen for a week – when I tried to find out why it took my hours of frustrating communication.

Finally I was told they will send my money after 45 days since deposit as a part of money laundering.

So I waited more than 45 days and requested withdrawal again.

After 8 days since withdrawal I still do not receive my money. I used moneybokers withdrawal that should take 1-7 hours as stated on their own portal.

They did completely ignore my emails they keep saying ‘we sent it to financial specialist’ on Skype.

They keep bullshitting me on chat. Still they were not able to answer

Of course I can prove everything I stated here.

When I receive my money

And why does it take so long

All in all Instaforex is definitely scam.

, Bangladesh.

Now, I am trying several brokers in order to find the best one named instaforex. I decided that the biggest deposit I will make with this broker as their spreads are the best. I made a withdrawal with them through PayPal and everything went fine.

, Indonesia.

Definitely my dear friend Insta forex broker is number one broker in Asia and its a very good regulated broker along with it you will love their bonus on investment, and spread is also good so its very good broker to all of us so its a very good trusted broker

, Hong Kong.

Instaforex is a solid broker with no problems. Very fast response customer support.

, New Zealand.

Can't withdraw your deposit or your profit. SCAM.

, England.

I trade with the company for more than 2 years. No serious complains. I like their servises

, Thailand.

I like welcome bonus so much! Instaforex is very good broker and easy to withdraw.

, SALT LAKE CITY.

Like trading with instaforex cause of their soft conditions to traders. Company always ready to help their clients. They have a good reputation among other brokers so they are real professional. I'm a holder of Mini-account, it suits to my scalper-strategy. Would like to say about their execution of orders - really fast, minimum requotes. There are times when spreads widen during major news I guess, but that’s normal. In other words I'm able to recommend instaforex, have a nice trading and big profit.

, Thailand.

I use it for 2 years, it's easy to withdraw, fast of response and service-minded.

, Iran.

its insta forex very very good work and the best broekr of all asia and earth

, india.

i recently opened account with instaforex.. and got stuck... with there terms and conditions.. beware.. any deposit you make... it cant be withdrawn for 45 working days.... and even for skrill deposits.. they say it is moneybookers policy that it cant be withdrawn for 45 working days... but when asked skrill.. they say they dont have such policies..

never fall for the offers they give.. the terms and conditions for different bonus also varies.. and when checked about the company most of the review sites say insta forex is a scam company.

JUST AVOID THIS COMPANY WITH SUCH HIGH SPREAD AND TERMS AND CONDITIONS ARE MENTIONED SEPARATELY RATHER THAN IN ONE PLACE. AND MAKE YOU FEEL THAT IT IS YOUR MISTAKE. ALL THEY HAVE IS STYLISH WEBSITE NOT MORE.. JUST SHOW OFF.. ..

and other day they added one more problem price manipulation... they manipulate the price when asked the only reply i get is they get price feeding from difference sources so their is difference.. why does regulations let this kind of companies operate.. dont they check about the company who talk about hummer and nonsense.. before approving the license.. forgot to mention they are not regulated...

divya

Submit your review

To submit your own Forex Broker review for InstaForex fill the form below. Your review will be checked by a moderator and published on this page.

By submitting a Forex Broker review to EarnForex.com you confirm that you grant us rights to publish and change this review at no cost and without any warranties.Make sure that you are entering a valid email address. A confirmation link will be sent to this email. Reviews posted from a disposable e-mail address (e.g. example@mailinator.com) will not be published. Please submit your normal e-mail address that can be used to contact you.

Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing.

Required
Required (will not be published)
Only first and last digit will be published
Impression about company
Image Code (5 characters)

© 2005–2019

EarnForex.com

Design — Mart Studio

Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.