Instaforex Review 2025: Trading Accounts, Demo Accounts and Withdrawals to Explore

Instaforex	⭐⭐⭐
Regulations	CYSEC in Cyprus, FSC in Belize
Minimum Deposit	$1
Tradable Asstes	Currencies, Shares, Indices, Commodities, Cryptocurrencies, Sythnetic Shares, ETFs, ETFs
Maximum Leverage	1000:1
Live Accounts	Insta.Standard Account, Insta.Eurica Account, Cent.Standard, Cent.Eurica Account for non-European InvestorsMT4 & MT5 ECN Account for European Investors
Demo Accounts	Yes
Trading Platform	MeteTrader 4, MetaTrader 5, Copy Trading System
Payment Options	Bank Card, Bitcoin, Litecoin, Tether (USDT) , Ethereum, Payco, Transfer Between Accounts for non-European Investors; Visa, MasterCard, Bank Transfer, Neteller, Skrill for European Investors;
Bonus	Yes

About InstaForex

Instaforex is a well-established international Forex broker serving a global clientele through its international entity in Belize and European entity in Cyprus. This online trading platform, targeting both beginners and experienced professionals, offers a great variety of tradable instruments, covering forex, stocks, commodities, indices, and cryptocurrencies. InstaForex's unique feature, ForexCopy, is a popular copy trading system that enables traders to automatically replicate the trades of successful investors. Besides, Instaforex offers a PAMM system where investors can allocate funds to be managed by experienced traders. And its unique OYS portfolios, a service intended for diversification of clients‘ investments. Based on the Copy mechanism, the service allows traders to copy OYS Portfolios, which are trading accounts comprising an asset or a group of assets managed by the company’s specialists. InstaForex provides access to popular trading platforms like MetaTrader 4 and MetaTrader 5 (While European clients have access to both MetaTrader 4 and MetaTrader 5, investors outside of Europe are currently limited to the MetaTrader 4 platform). However, it should be noted that this broker is not regulated in some major financial hubs, and some users have reported issues with withdrawals and customer support.

✅Where Instaforex Shines

• A great range of trading instruments:
• Copy trading and PAMM system
• Popular trading platforms, MetaTrader 4 and MetaTrader 5
• High leverage up to 1000:1 to increase trading flexibility
• Various bonuses and promotions
• Low entry barrier for non-European investors, as low as $1

❌Cons:

• Offshore regulation for its international entity
• Withdrawal and customer support issues
• Website and client cabinets can be difficult to navigate
• Limited educational resources
• High commissions on some instruments

Is InstaForex Legit?

Instaforex international entity, InstaFinance Ltd, is regulated by the Financial Services Commission in British Virgin Islands, and the search outcome on the FSC website solidify this statement. It should be noted, however, that this is an offshore regulatory jurisdiction, and the oversight is less rigorous than that provided by major financial regulators such as ASIC, FCA, or CySEC. Client funds may not be as well protected as they would be under stricter jurisdictions.

Instaforex European entity, Intant Trading EU Ltd, is regulated by the CYSEC under regulatory number 26615. Besides, Instant Trading Eu Ltd is a member of the Investor Compersation Funds, a scheme which serves to protect eligible retail clients by paying compensation in the event that a company fails to reimburse funds and/ or financial instruments due to financial issues, as applicable. Therefore, investors, particularly beginners, are advised to open an account with its European entity, which offers a comparatively higher level of security.

Instaforex Accounts

Instaforex has set up tailored trading account options targeting clients within and outside the European area. different account types offered by InstaForex for European and non-European clients are likely a result of the need to comply with varying regulations, cater to different market segments, and implement specific business strategies. This practice is common among forex brokers as they navigate the complexities of operating in a global market with diverse regulatory landscapes and client needs.

Instaforex Accounts for clients outside the European Areas

InstaForex offers a selection of account types designed to various investors, broadly categorized into Cent and Insta accounts. TheCent accounts, Cent.Standard (C.S.) and Cent.Eurica (C.E.), are designed for traders starting with smaller capital. Both have a minimum deposit of just $1 and utilize USD or EUR cents as the account currency, allowing for micro-trading. Cent.Standard features floating spreads of 3-7 pips, while Cent.Eurica offers zero spreads but charges a commission of 0.03%-0.07% per lot. The minimum trade size for both is 0.10 of a lot, with a maximum of 10,000 lots. Leverage ranges from 1:1 to 1:1000, and both account types use instant execution. Margin requirements for locks are 25%, with margin call at 30% and stop out at 10%.

The Insta accounts, Insta.Standard (I.S.) and Insta.Eurica (I.E.), are geared towards traders with larger capital. While the minimum deposit is still $1, these accounts use standard USD or EUR currency. Insta.Standard features floating spreads of 3-7 pips, while Insta.Eurica offers zero spreads with the same commission structure as the Cent.Eurica account (0.03%-0.07%). The minimum trade size is 0.01 of a lot, with a maximum of 10,000 lots. Leverage ranges from 1:1 to 1:1000, and both use instant execution. Margin requirements, margin call, and stop out levels are identical to the Cent accounts (25%, 30%, and 10% respectively). The key difference between the Cent and Insta accounts lies in the trade sizes, with Insta accounts allowing for smaller minimum trades, and the currency used (cents vs. standard currency).

Instaforex Accounts for European Clients

Trading Accounts provided for European clients are classified based on MetaTrader 4 and MetaTrader 5 trading platforms. MetaTrader 4 Account Types

The MT4 platform offers three ECN account options designed for traders seeking direct market access and competitive spreads: ECN, ECN PRO, and ECN VIP. These accounts support multiple base currencies including EUR, USD, PLN, and CZK.

The standard ECN account is accessible to retail investors with a minimum deposit of 200 EUR. For more advanced traders, the ECN PRO account requires a higher initial deposit of 2,000 EUR. The premium ECN VIP account, which offers the most competitive spreads, requires a substantial minimum deposit of 10,000 EUR.

All three account types provide access to over 260 tradable instruments across multiple asset classes, including Shares, Indices, Commodities, Forex, and Cryptocurrencies. Account holders benefit from zero deposit and withdrawal fees, and each account comes with a dedicated account manager. Additionally, ECN PRO and ECN VIP accounts include complimentary VPS server access for enhanced trading capabilities.

MT5 Trading Accounts ( ECN, ECN PRO, ECN VIP)

MT5 mirrors the ECN account structure of MT4, offering ECN, ECN PRO, and ECN VIP options, but with notably higher minimum deposit requirements. These accounts support multiple base currencies including EUR, USD, PLN, and CZK.

The standard MT5 ECN account requires a minimum deposit of $1,000, while the ECN PRO account calls for a substantial initial deposit of 10,000 EUR. The premium ECN VIP account demands the highest minimum deposit at 50,000 EUR.

MT5 account holders gain access to an extensive range of over 2,500 tradable instruments, significantly more than MT4's offering. Available assets include Synthetic Shares, Traditional Shares, ETFs, IPOs, Indices, Commodities, Forex, Cryptocurrencies. All MT5 accounts come with complimentary VPS server access and maintain a zero-fee policy for deposits and withdrawals, enhancing the overall trading experience.

How to open an account with Instaforex?

For clients who want to open an account outside the European area, the whole process is relatively straightforward. Here's a detailed guide based on their “OpenTrading Account” page:

Step 1:Visit the Registration Page: Go to the InstaForex website (https://www.instaforex.com) and click the “ Open Trading Account” page (the link you provided).

Step 2: Provide your personal data: Then you are directed to the account opening form which requires you to provide some personal data, including email address, full name, date of birth, residential address, and your phone number.

Furthermore, you will need to select the account type you wish to open with Instaforex, as well as trading server location, leverage, account currency, and your mobile phone OS. After filling out this information, click the “ Open Account” to proceed.

Step 3: Make a deposit to your account: Following completing all the required fields, your trading account has been registered successfully. Your Account number and account passwords will be then displayed here clearly.

Meanwhile, Instaforex will send you an email which includes further information on your trading account.

You can begin to fund your trading account to start real trading. Available funding options provided are Local Transfer, Bank Cards, Litecoin, Bitcoin, Ethereum, Tether, Payco, and Neteller. Please be notable that all deposits and withdrawals are processed by the Finance Department during working hours from Monday to Friday, from 8.a.m to 5 p.m (UTC+00).

After successfully depositing funds into your trading account, you can begin live trading immediately.

The account opening process on InstaForex is generally simple and straightforward, requiring minimal document uploads and a less stringent verification process. Opening a live account can often be completed in as little as 10 minutes. Many forex brokers have streamlined their account opening procedures primarily to attract more investors and improve the overall trading experience. However, this more lenient approach carries certain risks. For example, less rigorous ID verification can increase the potential for money laundering and fraud. Yet for European clients, they need to provide more documents and experience strict verification to open an account.

Instaforex Demo Accounts

Instaforex provides free demo accounts loaded with a substantial virtual funds amount, €100,000 for the European investors, and up to $1,500,000 for investor outside the Europe. Indeed, demo accounts offer a perfect way to explore a trading platform and learn the mechanics of trading, mirroring the features of a live account. The key distinction lies in the use of simulated funds, meaning all profits and losses are purely hypothetical. Beyond serving newcomers, demo accounts are also valuable for experienced traders, providing a risk-free environment to experiment with new financial instruments and test various trading strategies. Instaforex allows you to open as many demo accounts as possible. Please note, however, demo accounts can be canceled automatically after one month of inactivity.

The following table compares Instaforex demo accounts with some other forex brokers, and it seems that Instaforex offers the largest virtual funds amount for its clients.

Broker
Account Duration	30 Days	No time limit	12 Weeks	30 Days	No duration ( as long as it is active)
Amount of Virtual Funds	€100,000 for the Euorpe clients, and $1,500,000 for clients outside Europe)	$100,000	£10,000	$50,000	$1,000
Unlimited	No	No	No	Yes	No

How to open a demo account with Instaforex?

You need to go through a fast and simple registration procedure to open a demo account with InstaForex.

• Step 1: Fill in a registration form: Enter your email address, your residence of country, the account currency and the virtual funds amount you want to use.

• Step 2: You will receive a demo account number and trader password, signifying the successful creation of your demo account. Along with your account number and trader password, you'll also receive an investor password and server details, which you'll use to log in to the demo trading platform. It's important to note that trading is limited to the MetaTrader 4 platform.

Step 3: Download MetaTrader4 and sign up there, and then you can start demo trading with this broker. With Instaforex demo account, you can get access to over 300 markets that are displayed with online market quotes.

InstaForex Withdrawals

Instaforex Withdrawal Methods, Fees and Processing Time

InstaForex maintains distinct payment systems for its European and non-European clientele. European clients can withdraw funds via various methods, including bank cards, Bitcoin, Litecoin, Tether, Ethereum, Payco, and inter-account transfers, though most of these options incur fees. Non-European clients, on the other hand, are primarily limited to cryptocurrency withdrawals, which, while presented as convenient, carry some risks due to the volatility of digital currencies. For European clients, more traditional methods like Visa, MasterCard, bank transfer, Skrill, and Neteller are available, with fees applying to bank transfers, Neteller, and Skrill withdrawals.

How to withdraw funds from Instaforex?

Step 1: Log into your personal trading account, and go to the withdrawal section to fill out a withdrawal form.

Step 2: Choose the preferred withdrawal methods that are the most convenient for you.

Step 3: Enter the withdrawal amount. Please note that you must ensure that you have enough withdrawable funds in your trading account.

Step 4: After submitting the withdrawal request, the Instaforex team promises that they will review the withdrawal request as soon as possible. Although this broker told me that they will review my withdrawal request as soon as possible, I still waiting almost two weeks to get my money back.

User Reviews on Instaforex Withdrawals

Despite advertising easy withdrawals, InstaForex's withdrawal process receives generally negative feedback. Numerous online complaints detail great difficulties encountered when attempting to withdraw funds.

Case 1: Please be aware, Withdrawal suddenly disappeared from pending

“ Withdrawal suddenly disappeared from pending, there is no notice showing either its rejected or processed, the finance department kept giving tons of excuses. Now the worse is I cant even log in to the web even after I changed/restore a password” posted in 2022

One user reported submitting a withdrawal request that remained “Pending” for an extended period. Upon logging back into their account, the user discovered the request had vanished without explanation. The user alleges that InstaForex's finance department provided numerous excuses without resolving the issue. Furthermore, the user claims they were subsequently locked out of their account. This review included supporting evidence. The fact that the withdrawal seemingly disappeared without cause raises concerns about the broker's handling of client funds and the possibility of deliberate misappropriation.

Case 2: they refuse to process my withdrawal

I deposited money to this broker using skrill, made profits and initiated a withdrawal.they clearly states skrill withdrawal takes 1-7 hours, it is over 11 hours now and they are not saying or doing anything about it. This is my account number 3749016.i am sick and tired of this broker

Completed by finance department? you guys are really not serious, it's heading to 22 hours I made this request. It's one story to another till now, if it's not scam then pay me my money Posted in 2023

Another user reported initiating a withdrawal via Skrill after making profits. While InstaForex states that Skrill withdrawals are typically processed within 1-7 hours, this user's funds had not arrived after 22 hours, even at the time of their review.

Overall, InstaForex's withdrawal process appears to be inconsistent with its advertised ease of use. Therefore, before trading with any forex broker, it is advised to check its withdrawal procedures online and, crucially, verify that the broker operates under robust legal regulation to ensure greater security for client funds.