FXTM vs InstaForex Forex Broker Comparison
A head-to-head comparison of FXTM and InstaForex across regulation, trading costs, platforms, and editorial scoring.
CySEC and FCA-regulated broker with broad emerging-market reach, strong copy trading via MyFXBook integration, and a low $10 minimum deposit that makes it accessible to first-time traders.
VS
Score 3.6 / 5
2 bonusesFSC BVI-regulated broker with over 17 years of operation, known for cent accounts and accessible entry conditions for beginner traders in Asia and the CIS - regulatory depth is limited under the offshore BVI framework.
Our Verdict
FXTM winsClear Winner
FXTM comes out ahead with an editorial score of 4.2/5 compared to InstaForex's 3.6/5.
FXTM
4.2/5
InstaForex
3.6/5
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
InstaForex offers tighter spreads from 1 pips vs 1.5 pips for FXTM, reducing trading costs.
Best for safety & regulation
Recommended
FXTM has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
It's a tie
Both equally suited
Both brokers offer equivalent trading costs across spreads, commissions, and account types.
Best for beginners
Recommended
FXTM edges out InstaForex with a higher editorial score (4.2/5 vs 3.6/5), indicating a stronger overall experience for new traders.
FXTM vs InstaForex: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 3.6/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5▲ | 3.2 / 5 |
Fees & Spreads 30% weight | 3.9 / 5▲ | 3.4 / 5 |
Platforms & Tools 20% weight | 4.0 / 5▲ | 3.3 / 5 |
Customer Support 10% weight | 4.3 / 5▲ | 3.5 / 5 |
| Founded | 2011 | 2007 |
| Headquarters | Limassol, Cyprus | Road Town, British Virgin Islands |
| Min deposit | $10 | $1 |
| Spreads from | 1.5 pips | 1 pips |
| Commission / lot | N/A | N/A |
| Max leverage | 1000:1 | 1000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA FSCA CySEC FSC | CySEC FSC BVI |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 |
| Active bonuses | ||
| Visit broker | Visit FXTM | Visit InstaForex |
FXTM vs InstaForex Forex Broker Pros & Cons
Pros
Low $10 minimum deposit on Micro accounts
Strong copy trading via FXTM Invest platform
Extensive education - webinars, video courses, and market analysis
Multilingual support in 20+ languages
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Pros
17+ years in operation - extensive track record
Cent accounts for micro-lot trading from $1
Very low minimum deposit
Large partner and IB network across Asia and CIS
No deposit fees
No inactivity fee
Mobile trading app available
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Standard account spreads are not ECN-competitive
Platform choice limited to MT4 and MT5
Mauritius FSC entity offers less investor protection than FCA/CySEC
No proprietary platform
Limited charting capabilities
Cons
FSC BVI only - offshore licence, limited investor protection
Spreads not competitive with ECN brokers
Platform limited to MT4 - no MT5, cTrader, or proprietary option
Service quality reviews are mixed on independent forums
No top-tier regulatory licence
Client funds not segregated
No negative balance protection
No investor compensation scheme
No raw spread account option
No MetaTrader support
Limited charting capabilities
Pricing transparency could be improved
FXTM vs InstaForex: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
7
FXTM
criteria wins
0
InstaForex
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FXTM | 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 | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
FXTM vs InstaForex: Frequently Asked Questions
Based on our independent editorial scoring, FXTM ranks higher with a score of 4.2/5 vs 3.6/5 for InstaForex. The best choice still depends on your individual trading needs; FXTM and InstaForex may each suit different trader profiles.
InstaForex offers tighter spreads starting from 1 pips, compared to FXTM's spreads from 1.5 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
InstaForex has a lower minimum deposit of $1, while FXTM requires at least $10. This makes InstaForex more accessible for traders with limited starting capital.
FXTM holds top-tier regulation (FCA, FSCA, CySEC), providing stronger investor protections. InstaForex may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: InstaForex has a lower minimum deposit ($1), lowering the barrier to entry; FXTM offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
FXTM offers maximum leverage of 1000:1, while InstaForex offers up to 1000:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
FXTM supports MetaTrader 4, MetaTrader 5 and InstaForex offers MetaTrader 4; both support MetaTrader 4; FXTM exclusively offers MetaTrader 5.
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Score 3.6 / 5
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