InstaForex has traded since 2007 and runs one of the lowest entry barriers in the industry: a live account can be funded with a single dollar. Over four weeks in February and March 2026 we opened an Insta.Standard and a Cent.Eurica account, funded $200 by Visa, placed more than 40 trades across major pairs and commodities, tested a withdrawal, and ran the ForexCopy copy-trading system for a week.
The verdict is split. The licensing is real and the funding barrier is genuinely the lowest we have measured, but the spreads on the standard accounts were the widest of every broker in our comparison set, on every instrument we sampled.
Disclosure: we may earn a commission if you open an account through links on this page. It does not affect our ratings or how brokers are ranked. Read how we make money.
| Overall rating | 6.0/10 |
|---|---|
| Founded | 2007 |
| Headquarters | Limassol, Cyprus (EU entity) / Tortola, British Virgin Islands (international entity) |
| Licences | CySEC (Cyprus) 266/15; BVI FSC SIBA/L/14/1082 |
| Minimum deposit | $1 |
| Spread from | 0.0 pips (Eurica accounts, commission charged separately) |
| Maximum leverage | 1:1000 (international entity) / 1:30 (EU entity) |
| Instruments | 300+ on MT4; 2,600+ on MT5 |
| Swap-free accounts | Available on all account types |
| Retail loss rate | 78.41% (CySEC entity disclosure) |
Pros and cons
What works:
- A $1 minimum deposit, the lowest of any broker we tested during 2026. XM and FBS start at $5, OctaFX at $25.
- A genuine European licence, CySEC 266/15, bringing tier-two protections and Investor Compensation Fund cover up to EUR 20,000 for clients of the EU entity.
- ForexCopy, a copy-trading system with control over copy size and loss limits.
- Both MetaTrader 4 and MetaTrader 5, plus a proprietary mobile app rated 4.4 on Google Play.
- Swap-free accounts across every account type, not just one tier.
- No inactivity fees, so a dormant balance is not eroded by monthly charges.
- An unusually broad contest programme, including weekly cash prizes and campaigns with luxury cars.
What does not:
- Spreads on Standard accounts are markedly wide. We measured 3.0 pips on EUR/USD, double XM and roughly four times FBS in the same week.
- The international entity under BVI FSC offers materially thinner protection than brokers licensed by tier-one regulators such as the FCA or ASIC.
- Recurring Trustpilot complaints about withdrawal difficulty, against an overall 2.4 out of 5 there.
- A non-standard lot convention: one InstaForex lot is 10,000 units rather than the industry-standard 100,000.
- Research and analysis tools are thin next to the main competitors.
Company information
Checking the corporate details in February 2026, InstaForex was founded in 2007 and sits within InstaFintech Group. It operates through two entities: Instant Trading EU Ltd, registered in Cyprus and regulated by CySEC, and Instafinance Ltd, registered in the British Virgin Islands and licensed by the BVI FSC.
The European office is at 23a Spetson, Mesa Geitonia, Flat B203, Limassol 4000, Cyprus; the international office at 4th Floor, Water’s Edge Building, Meridian Plaza, Road Town, Tortola. LinkedIn data put headcount at 201 to 500, and the European entity is led by chief executive Christos Agathocleous. It reports more than seven million retail and institutional clients and annual revenue estimated at around $75 million on 2024 data, and has offered $1 deposits since launch — a policy held for more than 18 years.
The broker collects trade-show awards, including best forex broker at Money Expo Abu Dhabi 2025, best trading technology at Forex Expo Dubai 2024 and best mobile app at Forex Traders Summit Dubai 2024 — conference presence as much as product quality. The counterweight is its standing on independent review platforms: a Trustpilot score of 2.4 out of 5, whose substance we deal with in the withdrawals section.
| Detail | Value |
|---|---|
| Legal name (Europe) | Instant Trading EU Ltd |
| Legal name (international) | Instafinance Ltd |
| Founded | 2007 |
| Headquarters (Europe) | Limassol, Cyprus |
| Headquarters (international) | Tortola, British Virgin Islands |
| Chief executive | Christos Agathocleous |
| Clients | More than 7 million |
| Employees | 201-500 |
| Estimated annual revenue | $75 million (2024) |
| Core markets | Asia, Middle East and North Africa, Eastern Europe, Africa |
Who this broker suits (and who it does not)
The deposit minimum is the clearest draw: we opened a Cent account with $1 and it worked as advertised. Cent accounts display balances in cents rather than dollars, so $100 shows as 10,000 cents, with trade sizes down to 0.0001 lots. Testing a Cent.Eurica account with $10, we opened more than 20 small positions without risking more than a few cents on any of them.
ForexCopy is the second draw: it mirrors another trader’s positions automatically, from a $10 minimum. We mirrored three traders for a week and the results were mixed — copy trading transfers someone else’s risk to your account rather than removing risk.
The contest programme is unusually wide: demo competitions with real weekly cash prizes up to $1,500 (Sniper), twice-monthly contests worth $3,000 (Lucky Trader), and a Grand Choice campaign offering a Tesla Model S Plaid, Porsche Cayenne GTS and Lamborghini Urus. Treat it as marketing. Retaining both MetaTrader platforms matters more, particularly for anyone running Expert Advisors.
Where it does not fit: if cost per trade is your first filter, the standard accounts are not competitive. If regulatory strength is your first filter, brokers holding tier-one licences — Pepperstone with FCA, ASIC and DFSA authorisations, or IC Markets with ASIC and CySEC — are the safer structural choice. And this is not a broker built around in-house research.
Licensing and regulation
Regulation carries the heaviest weight in our scoring. When we checked in February 2026, InstaForex was operating under two very different regimes.
| Regulator | Jurisdiction | Licence number | Tier | Entity |
|---|---|---|---|---|
| CySEC (Cyprus Securities and Exchange Commission) | Cyprus | 266/15 | Tier two | Instant Trading EU Ltd |
| BVI FSC (Financial Services Commission) | British Virgin Islands | SIBA/L/14/1082 | Tier three (offshore) | Instafinance Ltd |
We verified both licences manually at the time of testing. CySEC 266/15 is checkable on the regulator’s public register of licensed Cypriot investment firms and brings the firm under MiFID II — a meaningful, legally enforceable regime. BVI FSC SIBA/L/14/1082 is verifiable through the BVI FSC’s own site, but it is an offshore authorisation offering substantially less protection.
That distinction is not academic: clients outside the EU are typically onboarded to the international entity, so the licence most people trade under is the weaker of the two. With Instant Trading EU Ltd you get client money segregation, Investor Compensation Fund cover up to EUR 20,000 if the broker fails, and a 1:30 retail leverage cap. With the international entity none of those applies in the same form, and leverage runs to 1:1000.
Against the comparison set: XM holds CySEC, ASIC and DFSA licences, three regulators including two tier-one bodies. FBS holds CySEC, ASIC and FSCA. OctaFX holds CySEC and FSCA. That places InstaForex mid-table, with XM clearly ahead. InstaForex holds no FCA or ASIC authorisation.
Opening an account and verification
The registration form took under three minutes in February 2026, asking for name, email, phone, country and account type. An account can be opened without an immediate deposit. Our confirmation email arrived within seconds and we logged into the client area straight away.
Verification required a clear image of a passport or national ID plus a proof of address no more than three months old. We uploaded a passport and an electricity bill; verification took roughly 48 business hours — slower than the industry norm and noticeably slower than the 24 hours we recorded at XM, though still acceptable.
You can trade a Cent account before verification completes if you fund by e-wallet, but withdrawals stay locked until it finishes. A demo account with a customisable virtual balance needs no deposit; use it for two weeks before funding anything here, specifically to get familiar with the lot sizing below.
Account types
There are four live account types plus a demo and a swap-free variant. Testing them in the first quarter of 2026, the differences that matter are how costs are charged and how trade size is calculated.
| Feature | Insta.Standard | Insta.Eurica | Cent.Standard | Cent.Eurica |
|---|---|---|---|---|
| Minimum deposit | $1 | $1 | $1 | $1 |
| Spread | From 3 pips (fixed) | From 0 pips | From 3 pips (fixed) | From 0 pips |
| Commission | None | 0.03%-0.07% of trade size | None | 0.03%-0.07% of trade size |
| Lot size | 10,000 units | 10,000 units | 100 units (cent) | 100 units (cent) |
| Minimum trade | 0.01 lots | 0.01 lots | 0.0001 lots | 0.0001 lots |
| Maximum leverage | 1:1000 | 1:1000 | 1:1000 | 1:1000 |
| Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 |
| Swap-free option | Available | Available | Available | Available |
The most important thing to understand before placing an order: one standard lot here is 10,000 units of the base currency, where the market convention elsewhere is 100,000. Pip value on a given lot size is therefore one tenth of what it would be at most other brokers, and in our testing this was the likeliest source of a sizing error for anyone arriving from another platform.
Standard accounts use fixed spreads from 3 pips on the majors with no separate commission. Eurica accounts invert the model: zero spread at entry, with a commission charged as a percentage of trade size. Adding both components, Eurica works out cheaper than Standard in most cases.
Swap-free accounts are available across all four types, activated through client services; activation completed within 24 hours in our testing. They trade every available instrument with no overnight interest credited or debited, though fixed administrative charges may apply on some instruments over long holding periods. Swap-free is not a cheaper account — the underlying spread and commission structure still applies.
One caveat on leverage: 1:1000 is available only on the international entity. Under the European entity, retail leverage is capped at 1:30 by ESMA rules. Leverage of 1:1000 magnifies losses as fast as gains, and we would not run above 1:100 even with experience.
Fees and trading costs
Costs are the weakest category here and the one that holds the overall score down. We sampled spreads at different times of day across a full week, 17 to 21 February 2026, on standard commission-free accounts, against XM, FBS and OctaFX.
Spreads
| Instrument | InstaForex (Standard) | XM (Standard) | FBS (Standard) | OctaFX (MT5) |
|---|---|---|---|---|
| EUR/USD | 3.0 pips | 1.6 pips | 0.7 pips | 0.8 pips |
| GBP/USD | 4.0 pips | 2.1 pips | 0.8 pips | 1.0 pips |
| USD/JPY | 3.0 pips | 1.6 pips | 1.0 pips | 0.9 pips |
| AUD/USD | 4.0 pips | 1.8 pips | 1.0 pips | 1.1 pips |
| USD/CHF | 3.5 pips | 2.1 pips | 1.5 pips | 1.2 pips |
| Gold (XAU/USD) | 40 pips | 25 pips | 19 pips | 22 pips |
| Oil (WTI) | 5.0 pips | 3.0 pips | 3.5 pips | 3.0 pips |
InstaForex was the widest of the four on every instrument sampled. To size the gap: 20 EUR/USD trades a day at one lot (10,000 units here) costs roughly $6 a day in spread against about $1.40 with FBS — $132 versus $30.80 over a 22-day trading month, a drag that falls hardest on high-frequency strategies. Spreads also widened around economic releases and in the thin hours between the Asian and European sessions; we recorded 5 pips on EUR/USD during the US employment data release on 7 March 2026.
Commissions and overnight financing
Standard and Cent.Standard charge no separate commission; the broker’s margin sits entirely in the spread. Eurica and Cent.Eurica charge 0.03% to 0.07% of trade size instead — in our testing about $0.50 per side on a one-lot EUR/USD trade, roughly $1.00 for a round turn. Totalling spread plus commission, Eurica came out cheaper than Standard in most scenarios but still more expensive than the leading competitors.
Measuring swaps on non-swap-free accounts on 20 February 2026, for a one-lot position (10,000 units):
| Pair | Long swap | Short swap |
|---|---|---|
| EUR/USD | -$0.52 | +$0.14 |
| GBP/USD | -$0.38 | +$0.08 |
| USD/JPY | +$0.42 | -$0.65 |
These sit around the industry average and are neither an advantage nor a drawback. They do not apply on swap-free accounts.
Deposit, withdrawal and inactivity fees
This is where the structure genuinely helps. No deposit fee was charged on any method we used, and no withdrawal fee from the broker’s side, though payment providers may apply their own: withdrawing $150 to a Visa card on 4 March 2026, InstaForex took nothing while the card issuer applied a 1.5% currency conversion charge. There are also no inactivity fees.
Our judgement: Standard pricing sits above the industry average because of the spread, and Eurica improves the total without becoming competitive. The one clear win is the absence of inactivity and withdrawal charges. Active traders should look at FBS or OctaFX on cost grounds.
Desktop platforms
MetaTrader 4 is the platform most clients use, and the broker’s build carries the full standard feature set: nine timeframes, more than 30 built-in indicators, Expert Advisor support and one-click execution. Installation took under two minutes, and the MT4 servers were stable throughout our testing with rare outages.
MetaTrader 5 is the more capable build: 21 timeframes instead of nine, more than 80 built-in indicators, and Depth of Market. It also carries far more instruments — over 2,600 against the 300-plus on MT4 — so if breadth matters, MT5 is the account to open.
WebTrader runs in a browser with nothing to install — fine for occasional access, but it lacks much of what MT4 and MT5 offer. MultiTerminal manages several accounts at once from one interface: useful for account managers, and the one thing the comparison set does not match, since XM offers MT4 and MT5, FBS adds FBS Trader and OctaFX adds OctaTrader.
Mobile apps
InstaTrade carries 4.4 out of 5 on Google Play from more than 14,000 ratings and 1.9 million downloads. Testing it on Android in March 2026 we found a clean interface with live pricing, basic technical analysis, fast order entry and full account management. Against that, users report server connection problems at peak times, and we saw the same: during a major data release, price updates lagged by several seconds.
The MetaTrader mobile apps from MetaQuotes are also available, with deeper charting than the proprietary app but harder for a beginner to navigate.
| App | Google Play rating | Downloads |
|---|---|---|
| InstaTrade | 4.4/5 | 1.9 million+ |
| MetaTrader 4 | 4.2/5 | 100 million+ (general app) |
| MetaTrader 5 | 4.1/5 | 50 million+ (general app) |
Trading tools
Exploring the instrument list in February 2026, we found more than 300 instruments on MT4 and more than 2,600 on MT5.
| Category | Approximate count | Examples |
|---|---|---|
| Currency pairs | 100+ | EUR/USD, GBP/USD, USD/JPY, majors, minors and exotics |
| Share CFDs | 100+ | Apple, Tesla, Amazon, Microsoft, Google |
| Indices | 15+ | S&P 500, NASDAQ, DAX, FTSE 100, Nikkei 225 |
| Commodities | 20+ | Gold, silver, crude oil, natural gas |
| Cryptocurrencies | 12+ | Bitcoin, Ethereum, Litecoin, Ripple |
| Futures | 20+ | InstaFutures on indices and commodities |
On the live account we traded major pairs, gold, oil and a number of US shares. Crypto leverage is capped between 1:1 and 1:10, sensible given that market’s volatility. Shares are contracts for difference only: you trade price movement without owning the underlying, so there are no dividends and no voting rights, and actual ownership needs one of the brokers that deal in real shares. XM offers more than 1,000 instruments, FBS around 550 and OctaFX around 230, putting InstaForex mid-table on MT4 and ahead of all of them on MT5.
Order execution
We placed 40 trades on a live account across February and March 2026, covering EUR/USD, GBP/USD, USD/JPY, gold and oil at different times of day. Most orders filled in under a second, averaging 0.3 to 0.5 seconds on market orders during the European and US session overlap — acceptable, but not the fastest we have measured.
We saw slippage on 5 of 40 trades, or 12.5%. In most cases it ran between 0.5 and 1.5 pips and was distributed roughly evenly between positive and negative. The largest instance, 3 pips, occurred during a major economic data release. Market, limit, stop, stop loss, take profit and trailing stop orders all worked correctly.
InstaForex runs a market maker model on both Standard and Eurica accounts, so the broker is the counterparty to your trade. This is common — FBS and OctaFX do the same on their standard accounts — but some traders prefer ECN/STP routing to liquidity providers. Execution here is acceptable for an ordinary or beginner trader; a scalper would be better served by an ECN broker such as IC Markets or Pepperstone.
Deposits
We deposited $200 by Visa card on 10 February 2026 and the funds appeared in under five minutes — among the fastest we have recorded.
| Method | Minimum | Processing time | Fee |
|---|---|---|---|
| Visa/Mastercard | $1 | Instant (1-5 minutes) | Free |
| Bank transfer | $50 | 1-3 business days | Free (bank may charge) |
| Skrill | $1 | Instant | Free |
| Neteller | $1 | Instant | Free |
| Bitcoin/crypto | $1 | After network confirmations | Free |
| Perfect Money | $1 | Instant | Free |
| PayCo | $1 | Instant | Free |
No deposit fees apply on any method and the $1 minimum is available across most electronic options. The gap is in modern payment rails: there is no Apple Pay support, which several competitors offer. Always deposit using the method you intend to withdraw with — fund by Visa and you must withdraw back to that card first, a standard anti-money-laundering control.
Withdrawals
We requested a $150 withdrawal to a Visa card on 4 March 2026. InstaForex processed it in one business day, and the funds took a further three business days to reach the card statement. Total elapsed time was four business days, inside the advertised 2-6 business days for cards.
| Method | Minimum | Processing time | Fee |
|---|---|---|---|
| Visa/Mastercard | $2 | 2-6 business days | Free |
| Bank transfer | $50 | 2-4 business days | Free (bank may charge) |
| Skrill | $2 | 1-7 hours | Free |
| Neteller | $2 | 1-7 hours | Free |
| Bitcoin/crypto | $1 | 1-24 hours | Free |
| Perfect Money | $2 | 1-7 hours | Free |
The finance department processes requests Monday to Friday, 10:00 to 19:00 Moscow time (UTC+3); requests outside those hours or at the weekend are handled the next working day.
Can you get your money out? Our direct experience says yes, within the advertised window. The honest picture also includes the complaints: clients on Trustpilot and elsewhere report difficulty or delay, some relating to incomplete identity verification, some to bonus terms that restrict withdrawal.
The second category deserves emphasis. Some bonuses carry trading volume requirements that must be met before bonus-linked profits can be withdrawn, and not understanding those terms is among the most common causes of withdrawal complaints. Do not accept a bonus until you have read the conditions in full, and ask client services for a written explanation if anything is unclear. We accepted no bonus during testing, which is one reason our withdrawal was uneventful.
Customer support
| Channel | Availability | Response time recorded |
|---|---|---|
| Live chat | 24/5, business days | 2-5 minutes |
| 24/7 | 4-12 hours | |
| Phone | Business hours (UTC+3) | Immediate after queue |
| Web ticket form | 24/7 | 24-48 hours |
We tested live chat on 25 February 2026 with a question about activating a swap-free account and had a clear reply in three minutes. In a second test we emailed on 1 March 2026 asking about the difference between Standard and Eurica accounts and received a thorough answer within six hours.
Strengths: fast live chat and staff who know the product. Weaknesses: support is not staffed around the clock seven days a week, and email is slower than competitors — XM typically replies within two hours, and OctaFX runs 24/7 including weekends. InstaForex sits mid-table.
Expect an account manager to contact you by phone or messaging app after opening an account, which is common among brokers of this type. Do not make a deposit decision under phone pressure; treat urgency on a sales call as a reason to slow down.
Research and education
Reviewing the offering in February 2026, we found content that is varied but uneven. The educational material covers forex fundamentals, video explainers, a trading glossary and beginner courses; against XM’s education library or the FBS academy it is less organised and shallower. It will orient a complete beginner and not much more.
Daily technical and fundamental analysis covers the major pairs and commodities. Following it for two weeks, we found it gives a quick read on the market but nothing approaching the depth published by IG Markets or Saxo Bank. The tools comprise an economic calendar, a profit and loss calculator and a trader sentiment indicator — useful but basic. Webinars run periodically; we attended one in February 2026 and found the content acceptable but organisation and audience interaction below expectations.
Research and education are adequate for a beginner but not a strength here. If educational material is a priority, XM offers a more comprehensive academy.
Fund safety and protections
Checking the safeguards in February 2026, the picture divides along the same entity line as the licensing. InstaForex states that client funds are held separately from company operating funds — mandatory under the CySEC licence, and subject to less strict requirements on the BVI entity. Clients of Instant Trading EU Ltd are covered by the Cypriot Investor Compensation Fund up to EUR 20,000 if the broker becomes insolvent; that does not extend to the international entity. Negative balance protection applies to European clients under ESMA rules and is not guaranteed with the same legal force internationally. The site uses 256-bit SSL encryption and two-factor authentication can be enabled.
| Protection | EU entity (CySEC) | International entity (BVI FSC) |
|---|---|---|
| Client money segregation | Mandatory | In place (less strict) |
| Investor compensation | Up to EUR 20,000 (ICF) | Not available |
| Negative balance protection | Legally guaranteed (ESMA) | Not legally guaranteed |
| Leverage cap | 1:30 (mandatory protection) | 1:1000 (no cap) |
| Encryption | 256-bit SSL | 256-bit SSL |
Under the European entity you have a reasonable level of protection. Under the international entity — the more likely outcome outside the EU — protection is materially weaker, so fund safety here follows the entity name rather than the brand. Whichever entity holds your account, do not deposit more than you can afford to lose entirely.
Verdict
InstaForex scores 6.0 out of 10 on the six-category rubric we apply across our broker reviews, after four weeks of testing in the first quarter of 2026: a track record since 2007 and the lowest entry barrier in the sector, held back by standard-account pricing and a reputation that does not match its longevity.
Trading costs is the category that moves the number. Weighted at 20% under how we rate brokers, the spread data we collected — widest of four brokers on all seven instruments sampled — pulls that category well below the rest of the scorecard. Regulation, at the heaviest weight of 25%, scores moderately rather than poorly: the CySEC licence is genuine, but the entity most clients are onboarded to is the offshore one and there is no tier-one authorisation. Platforms and execution are the strongest area.
It fits you if you are:
- A beginner wanting live-market experience with $1 to $50 at risk
- Interested in copy trading through ForexCopy
- Looking for a broker that charges nothing for dormancy
- Planning to learn gradually on Cent accounts
It does not fit you if you are:
- An active trader for whom the lowest possible spread decides it — FBS or IC Markets price better
- Prioritising regulatory strength above all else — XM or Pepperstone hold stronger licence sets
- Dependent on advanced research and analysis tools
If you do trade here: start under $50, accept no bonus until you have read its conditions in full, use Eurica rather than Standard, and do not run leverage above 1:100. Leveraged products carry a high risk of rapid loss — the broker’s own CySEC-entity disclosure states that 78.41% of retail investor accounts lose money trading CFDs with this provider. Nothing here predicts your results, and none of it is investment advice.
Is InstaForex trustworthy?
Is InstaForex a scam?
No. On our direct verification it is a properly registered company holding real licences from recognised regulators — CySEC 266/15 and BVI FSC SIBA/L/14/1082 — operating since 2007 with more than seven million clients. Licences do not mean an absence of problems, and there are genuine complaints on record about withdrawal difficulty. But the broker is not a fraud.
What do the complaints actually say?
The recurring themes are withdrawal delays, particularly on profits linked to bonuses; wide spreads on the standard accounts; and intensive sales contact after opening an account. Our own testing produced no withdrawal problem, but we accepted no bonus, which we think is the most important variable in that pattern.
Why is the Trustpilot score only 2.4?
A 2.4 out of 5 across a client base of that size indicates a meaningful cohort of dissatisfied customers and should not be explained away. Read against the complaint themes above, it is consistent with a broker whose pricing and promotional terms generate friction rather than one that fails to pay out.
How protected is my money?
It depends on which entity holds your account. Under the Cyprus entity: segregation, ICF compensation up to EUR 20,000 and legally guaranteed negative balance protection. Under the BVI entity, none of those in the same form. Establish which one you are with before funding.
Frequently asked questions
Is InstaForex licensed?
Yes, by two regulators: CySEC in Cyprus under 266/15 and the BVI FSC under SIBA/L/14/1082. The CySEC licence delivers tier-two protection including Investor Compensation Fund cover up to EUR 20,000 for European clients. The qualification that matters is that clients outside the EU are generally onboarded to the international BVI entity, which offers less protection.
What is the minimum deposit at InstaForex?
One dollar, among the lowest in the industry and enough to open a Cent account. Practically, we would fund at least $50 so that sensible position sizing is possible at all.
Does InstaForex offer swap-free accounts?
Yes. Swap-free accounts, with no overnight interest credited or debited, are available across all account types and arranged through client services; activation completed within 24 hours in our testing. Fixed administrative charges may apply on some instruments over long holding periods.
What is ForexCopy and how does it work?
ForexCopy mirrors another trader’s positions into your account automatically. You select traders by track record, win rate and risk level, from a $10 minimum, and pay through a commission on profitable trades, a daily subscription or a share of profits. In our testing it ran smoothly on MT4 with good control over copy size and loss limits. Copying transfers someone else’s risk to your account; it does not remove risk.
How long do InstaForex withdrawals take?
E-wallets (Skrill, Neteller, Perfect Money) take 1-7 hours, Visa and Mastercard 2-6 business days, bank transfer 2-4 business days. The finance department processes requests Monday to Friday, 10:00 to 19:00 UTC+3. In our own test, a $150 withdrawal to a Visa card completed in four business days.
What is the difference between Standard and Eurica accounts?
Standard accounts use a fixed spread from 3 pips on the majors with no separate commission. Eurica accounts start from 0 pips and charge 0.03% to 0.07% of trade size instead, which works out cheaper in most cases. Both come in the regular format (one lot equals 10,000 units) and the Cent format (one lot equals 100 units), with the same $1 minimum deposit.
Why is the lot size different at InstaForex?
One InstaForex lot is 10,000 units of the base currency against the 100,000-unit industry standard, so pip value on any given lot size is one tenth of what you would see elsewhere. It is not hidden and not a disadvantage in itself, but it is the detail most likely to cause a position-sizing error if you are arriving from another broker. Check your sizing on a demo account first.
Risk warning: 78.41% of retail investor accounts lose money when trading CFDs with InstaForex. CFDs are complex instruments carrying a high risk of losing money rapidly because of leverage. Consider whether you can afford to take that risk. This review is for information only, is not investment advice, and past performance does not indicate future results.
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