InstaForex vs Foti Markets

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, InstaForex currently holds a lower overall rating (3) compared to Foti Markets (4.9). InstaForex has a lower minimum deposit, at 1.0. Both platforms offer their clients bonuses, demo accounts, mobile trading. Traders should note that both companies offer the same minimum lot size 0.01, but InstaForex has a maximum lot size of 10000.0, while Foti Markets offers 200.0. InstaForex offers a lower maximum leverage of 1:1000, whereas Foti Markets allows trading with up to 1:2000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
3.2/5
2.8/5
2.9/5
3.1/5
4.9/5 (30 reviews)
4.8/5
4.9/5
5/5
4.9/5
Minimum deposit ($) 1.0 10.0
Commission 0.03 7.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 4 5
Minimum lot size 0.01 0.01
Maximum lot size 10000.0 200.0
Spread Fixed, Variable Variable
Broker type Market Maker ECN
Maximal leverage (1:?) 1000 2000
Availability Market Maker ECN
Regulation CySEC (Cyprus) -
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5) MetaTrader 5 (MT5)
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, WebMoney, cashU, Skrill, BPay USDT
Account Currency USD, EUR, RUB USD
Languages English, Spanish, Portuguese, Russian, Chinese, Indonesian, Arabic English
Country Ukraine Comoros
Trading platform(s) timezone Ukraine Hong Kong, Singapore
Other trading instruments Options, Futures, Indices, CFDs Forex
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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