FP Marketsvs
InstaForexForex Broker Comparison
FP Markets and InstaForex square off on regulation, pricing, and platform breadth. The tension hinges on ECN pricing, platform choice, and instrument reach.
Our Verdict
FP Markets winsClear Winner
FP Markets is the overall winner given its higher editorial score, top-tier regulation, true ECN pricing, and MT4/MT5 plus cTrader support.
FP Markets
4.5/5
InstaForex
3.6/5
Key Differences
- 1FP Markets supports MT4/MT5 and cTrader; InstaForex offers MT4 only.
- 2Segregated funds and investor compensation scheme.
- 3Number of instruments 10000 vs 300.
Who should choose FP Markets vs InstaForex?
Find out which broker best suits your trader profile.
Choose FP Markets if…
Choose FP Markets if you want MT4/MT5 and cTrader support. You gain segregated funds and robust regulation.
Choose InstaForex if…
Choose InstaForex if you value a very low entry point and MT4 focus. You get cent accounts and micro-lot trading from $1.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
FP Markets offers tighter spreads from 0.00 pips vs 1.00 pips for InstaForex, reducing trading costs.
Best for safety & regulation
Recommended
FP Markets vs InstaForex: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.5/ 5 | 3.6/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 3.2 / 5 |
FP Markets vs InstaForex Forex Broker Pros & Cons
Pros
True ECN pricing from 0.0 pips + $6 round-turn commission
Supports MT4, MT5, and cTrader, all three major platforms
IRESS platform for direct-access share CFD trading
Strong ASIC and CySEC regulation
Client funds held in segregated accounts
FP Markets vs InstaForex: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
8
FP Markets
criteria wins
0
InstaForex
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FP Markets | InstaForex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Fail |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Fail |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
FP Markets vs InstaForex: Frequently Asked Questions
FP Markets rates 4.5/5 versus 3.6/5 for InstaForex. FP Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
FP Markets starts from 0 pips, tighter than InstaForex's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
InstaForex has $1, while FP Markets requires at least $100. This makes InstaForex more accessible for traders with limited starting capital.
FP Markets holds top-tier regulation (ASIC, CySEC), providing stronger investor protections. InstaForex may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: InstaForex requires a lower minimum deposit ($1), lowering the barrier to entry, and FP Markets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
FP Markets lists maximum leverage of 500:1, while InstaForex lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FP Markets charges $6 per lot on commission-based accounts. Commission details for InstaForex are not currently available. Check their website for up-to-date pricing.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while InstaForex supports MetaTrader 4. Both provide MetaTrader 4. FP Markets has exclusive access to cTrader and IRESS and MetaTrader 5 and TradingView.
