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InstaForex accounts and how they score
Account range and entry terms feed the rating. Here are InstaForex's accounts and the facts the score is built on.
Facts last checked . Read the full InstaForex review.
Accounts
- Minimum deposit
- $1
- Account types
- Insta.Standard, Insta.Pro, Insta.Zero, Insta.Raw, Insta.Cent, Islamic/Swap-Free, Demo
- Account currencies
- USD, EUR, RUB
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Yes, Insta.Pro/Insta.Raw
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes
What this means
InstaForex runs 7 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: USD, EUR, RUB. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about InstaForex accounts
What account types does InstaForex offer?
InstaForex offers 7 account types: Insta.Standard, Insta.Pro, Insta.Zero, Insta.Raw, Insta.Cent, Islamic/Swap-Free, Demo.
What is the minimum deposit at InstaForex?
The minimum deposit at InstaForex is $1. It can differ by account type and by the entity you register with.
Does InstaForex offer an Islamic account?
Yes. InstaForex offers a swap-free account for clients who need one.
Accounts at brokers under the same regulator
- AvaTrade accounts also licensed by FSC (BVI)
- Exness accounts also licensed by FSC (BVI)
- easyMarkets accounts also licensed by FSC (BVI)
- TopFX accounts also licensed by FSC (BVI)
- iFOREX accounts also licensed by FSC (BVI)