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InstaForex

3.4(700 reviews)

Forex broker with cent accounts, bonuses and sports sponsorship

FSC BVI RegulatedSince 2007
68
Trust Score
Good
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Ready in 2 minutes

* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

1 $
Min. Deposit
5
Instruments
FSC BVI
Regulation
3
Platforms

Key Features

Forex

Forex trading available

CFDs

CFDs trading available

Indices

Indices trading available

Commodities

Commodities trading available

Crypto CFDs

Crypto CFDs trading available

MT4

Trading Platform

MT5

Trading Platform

InstaForex Web

Trading Platform

Advantages

  • Extremely low minimum deposit ($1)
  • Cent accounts for low-risk entry
  • Welcome bonuses and contests

Disadvantages

  • Offshore regulation (FSC BVI), no EU protection
  • High spreads on Standard account (from 3 pips)
  • Aggressive marketing and bonus conditions

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About InstaForex

InstaForex was founded in 2007 and is regulated by FSC (BVI). The forex broker is known for its cent accounts enabling low-risk entry with minimal amounts, as well as welcome bonuses and trading contests. The minimum deposit is just $1. The product range includes forex, CFDs, indices, commodities, and crypto CFDs. Spreads start from 0.0 pip on the ECN account, but from 3 pip on the Standard account. InstaForex targets beginners with very small budgets. The offshore regulation and high spreads on the Standard account are drawbacks.

InstaForex FAQ

What are cent accounts at InstaForex?
Cent accounts allow trading in cents instead of dollars. This way, beginners can learn real trading with minimal risk without risking large amounts.
What is the minimum deposit at InstaForex?
The minimum deposit is just $1. This is one of the lowest entry barriers on the market.