InstaForex vs FXtradeweb

Both of these regulated 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 FXtradeweb (3.2). InstaForex has a lower minimum deposit, at 1.0. Both platforms offer their clients bonuses, demo accounts, mobile trading, MAM/PAMM. Traders should note that both companies offer the same minimum (0.01) and maximum lot size (10000.0). InstaForex offers a greater leverage limit of 1:1000, whereas FXtradeweb allows a maximum of only 1:500.
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
3.2/5 (0 reviews)
3.5/5
3/5
3.5/5
3/5
Minimum deposit ($) 1.0 1000.0
Commission 0.03 2.2
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 10000.0
Spread Fixed, Variable Variable
Broker type Market Maker STP, ECN
Maximal leverage (1:?) 1000 500
Availability Market Maker STP, ECN
Regulation CySEC (Cyprus) MKM (Estonia)
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5) MetaTrader 4 (MT4), Mobile Platform
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, WebMoney, cashU, Skrill, BPay Wire Transfer, Credit Card, Debit Card, Neteller
Account Currency USD, EUR, RUB USD, GBP, EUR
Languages English, Spanish, Portuguese, Russian, Chinese, Indonesian, Arabic English
Country Ukraine Estonia
Trading platform(s) timezone Ukraine Estonia
Other trading instruments Options, Futures, Indices, CFDs -
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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