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InstaForex vs Born2trade
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 Born2trade (4.8).
InstaForex has a lower minimum deposit, at 1.0.
Both platforms offer their clients demo accounts, mobile trading.
InstaForex offers a lower maximum leverage of 1:1000, whereas Born2trade allows trading with up to 1:5000.
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.
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.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 1.0 | 10.0 |
| Commission | 0.03 | - |
| 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 | - |
| Maximum lot size | 10000.0 | - |
| Spread | Fixed, Variable | Variable |
| Broker type | Market Maker | STP, ECN |
| Maximal leverage (1:?) | 1000 | 5000 |
| Availability | Market Maker | STP, ECN |
| Regulation | CySEC (Cyprus) | FSC (Mauritius) |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 5 (MT5), Born2trade X (Match Trader) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, WebMoney, cashU, Skrill, BPay | Wire Transfer, Internal transfer, Bitcoin, Crypto, Apple Pay, Google Pay, Visa, Mastercard |
| Account Currency | USD, EUR, RUB | USD, EUR |
| Languages | English, Spanish, Portuguese, Russian, Chinese, Indonesian, Arabic | English, German, Russian, Ukranian |
| Country | Ukraine | Mauritius |
| Trading platform(s) timezone | Ukraine | Mauritius |
| Other trading instruments | Options, Futures, Indices, CFDs | Stocks, Indices, Commodities, Energies, CFDs, Cryptocurrency |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
