Score
InstaForex
The Virgin Islands|2-5 years| https://www.ifxinvest.net/
Website
Rating Index
Contact
Licenses
Licensed Institution：Instant Trading Ltd,
License No.：SIBA/L/14/1082
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
The Virgin Islands
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed InstaForex also viewed..
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Website
ifxtraders.com
Server Location
Germany
Website Domain Name
ifxtraders.com
Server IP
195.201.188.46
-
ifxtrading.com
Server Location
Germany
Website Domain Name
ifxtrading.com
Server IP
195.201.188.46
-
ifxinvest.net
Server Location
Germany
Website Domain Name
ifxinvest.net
Server IP
195.201.188.46
Company Summary
| InstaForex Review Summary | |
| Founded | 2007 |
| Registered Country/Region | British Virgin Islands |
| Regulation | FSC(Suspicious clone) |
| Market Instruments | Forex, Commodities, Indices, Shares, Crypto, Futures |
| Demo Account | ✔ |
| Leverage | Up to 1:1000 |
| Spread | From 0.0 pips |
| Trading Platform | MetaTrader 4, WebTrader, PAMM System, ForexCopy System |
| Min Deposit | $1 |
| Customer Support | Email：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.
Pros and Cons
| Pros | Cons |
| Low minimum deposit of $1 | Suspicious clone by FSC |
| High leverage up to 1:1000 | No MetaTrader 5 platform |
| Spreads of indices from 1.5 pips |
Is InstaForex Legit?
| Category | Details |
| Regulatory Status | Suspicious Clone |
| License Type | Retail Forex License |
| Regulated By | The Virgin Islands(FSC) |
| License Number | SIBA/L/14/1082 |
| Licensed Institution | Instant Trading Ltd |
What Can I Trade on InstaForex?
InstaForex provides over 300 instruments, including forex pairs, commodities, indices, shares, futures, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Crypto | ✔ |
| Metals | ✔ |
| ETFs | ❌ |
Account Types
InstaForex offers standard live accounts. Also, a demo account is available.
| Account Name | Minimum Deposit | Features | Suitable For |
| Standard Account | $1 | Leverage up to 1:1000cent accounts, swap-free options | Suitable for all levels of traders |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable For |
| MetaTrader 4 | ✔ | Web, Mobile, Desktop | All trading levels |
| WebTrader | ✔ | Web | Beginners and casual traders |
| PAMM System | ✔ | Web, Desktop | Investors seeking managed accounts |
| ForexCopy | ✔ | Web, Desktop | Traders interested in copy-trading |
Deposit and Withdrawal
InstaForex does not charge fees for deposits. The minimum deposit required is $1 for the Standard Account.
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Bank Transfer | $1 | Free | 1-3 business days |
| Credit/Debit Card | $1 | Free | Instant |
| PayPal | $1 | Free | Instant |
| Bitcoin | $1 | Free | Varies |
| Litecoin | $1 | Free | Varies |
| Ethereum | $1 | Free | Varies |
| Tether | $1 | Free | Varies |
| Other Payment Methods | $1 | Free | Depends on method chosen |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Disclosure
"Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities"
Country/Region
Disclosure time
2022-09-20
Disclose broker
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Country/Region
Disclosure time
2022-02-02
Disclose broker
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