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Instaforex Exchange Review 2019 – Is Instaforex.com Scam or Legit?

Instaforex Exchange Review 2019 – Is Instaforex.com Scam or Legit?

Instaforex Exchange Review 2019 – Is Instaforex.com Scam or Legit?

Quick Review

NameInstaforex Exchange Review 2019 – Is Instaforex.com Scam or Legit?
Founded 2007
Legal Entity InstaForex Group
Turnover 80%
Minimum deposit $1
Full AddressTortola, BVI, Road Town, Fleming Street
Phone 8-800-2000-791
Regulation No
E-mail send mail
Visit Broker
Trade With Professionals
Instaforex offers a full education course on binary options gives a free demo credit before you make a real deposit account.

Instaforex Broker Review

Established in 2007, Instaforex is a pioneering broker renowned for offering quality and superb trading conditions for over 2,000,000 traders in the world. Apart from providing excellent opportunities for trading in the forex market, the broker also gives its clients access to the lucrative binary options market.

The Instaforex broker has maintained its lead in the financial industry mainly because of commitment to meeting the needs of traders and adoption of innovative trading technologies.

Let us review some key features of Instaforex broker that make it stand out in the industry.

Account Opening

Opening a trading account with Instaforex is simple and fast. Within a few minutes, we were able to open Instaforex demo account to familiarize ourselves with the offerings of the broker. Afterwards, we sent some identity documents and easily started live trading.

Deposits and Withdrawals

Instaforex provides a wide range of popular and secure payment options, including Webmoney, PayPal, e-Gold, Skrill, wire transfer, and Liberty Reserve. You can make a minimum deposit of as low as $1 in U.S. dollars, Euro, or Russian rubles.


The broker has an exciting bonus program every time you make a deposit to your trading account. The deposit bonus starts from 30% and can be as high as 250%. Interestingly, you can also access the “no deposit bonus” and start trading options without making an initial deposit.

Instaforex No Deposit Bonus

Importantly, the broker keeps clients’ funds in segregated accounts to ensure their capital is safeguarded from risks. So, you can be sure of the safety of your money when making deposits with Instaforex.

The broker also offers a seamless withdrawal process to enable clients have an enjoyable trading experience.

Trading Platforms

Instaforex offers various types of trading platforms to suit the varying needs of traders. You can choose to use the mobile platform, the web-based platform, MT4 platform, or MT5 platform. It is also worth mentioning that Instaforex is one of the first brokers in the world to introduce MT5 live trading accounts.

The trading platform has a wide variety of technical tools and other helpful strategies to assist you make profitable trading decisions.

Trading Assets

During our Instaforex broker review, we found out that it has a wide selection of 72 trading instruments, consisting of 21 currency pairs, gold and silver, and CFDs on 49 shares.

You will be able to trade both intraday options (validity period from 60 seconds to 24 hours) and expiry options (validity period of up to 14 days).

Broker allows you to get high margin of trading profits, of up to 1.8. Furthermore, you will also benefit from the possibility of activating an option within 14 days from its purchase, the possibility of purchasing an option one minute before its activation, and the possibility of cancelling an option three minutes before its activation. What more could forex options traders ask for?

Types of Accounts

Broker has designed different types of accounts to ensure clients have access to the best trading conditions that resonate well with their backgrounds, preferences and styles of trading.

Regardless of the type of account you choose, you will get top conditions for profiting from binary options trading.

Here are the different types of accounts the broker offers:

  • Standard Trading Accounts
  • Eurica Trading Accounts
  • Standard and Cent.Eurica Trading Accounts
  • Islamic swap-free accounts

You can also enroll in the broker’s innovative PAMM accounts service and benefit from collective investments. Additionally, you can also tailor your trading account to copy the strategies of other traders and make the most of your binary options trading.

Instaforex Credibility

Our Instaforex review has revealed that the broker is a very reputable broker that operates under transparent conditions. The broker is headquartered in Kaliningrad, Russia, with more than 260 representative offices around the globe.

Instaforex is the trading name of InstaTrade Investment, a company licensed by the Federal Financial Markets Service (FFMS). This license indicates a high-level position of the broker and its ability to protect traders’ interests and funds. Therefore, Instaforex is not a scam broker.

Customer Service

Customer service is simply top-notch. We noticed that the broker has a dedicated multilingual customer support staff available 24/7 to handle various issues raised by clients via live chat, phone, email, or other methods.

The broker has an extensive range of education materials and other motivation programs to assist clients curve a successful trading career. Examples include training videos, Instaforex TV, and trading competitions.

Pros and Cons


  • Quality of service delivery
  • Secure, segregated trading accounts
  • Exciting bonus programs
  • Availability of demo accounts
  • Ability to copy other traders and participate in the PAMM system
  • Availability of high-quality trading analysis and forecasts
  • Variety of trading platforms
  • Extensive popular and secure payment options
  • Great trading contests and competitions
  • Wide variety of financial instruments with huge payouts
  • Earned several awards and industry recognitions


  • Does not allow U.S. traders
  • Lacks regulation from other reputable authorities like CySEC


Our Instaforex review has revealed that the broker is committed to providing high quality and unmatched conditions for trading binary options.

So, if you are looking for a broker that offers exciting opportunities for hassle-free trading in the binary options market, along with on-time technical and customer support, then broker could be worth trying out.

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George Kevin - 2019-09-08 13:53:51

I have been a victim of a fraudulent investment company that was claiming to be trusted online broker firm. After defrauding me for over $50,000 my account with them was blocked, since I requested to withdraw my funds, they didn’t grant me access to withdraw my invested capital on the account,and i have had no access to my account on their site, and no way of retrieving my funds. Luckily I came across a comment on the Trustpilot website that recommend a funds recovery expert in the person of (Mr Derrick Glenn) and i contacted him immediately through his email address and explained my issues with my investment broker to him ,God so kind, he was able to build a case on the scam broker with the informations I provided about my trading experience and my funds refunded back to me within a week interval, i was able to get access to my funds back with his help, I still can't believe how possible it is to get my invested capital back, including. I feel obligated to recommend him and his great funds recovery strategy, reach out to him if you having issues withdrawing your funds or you got scammed by a company or an individual via his email address: Derrickglenn01@gmail.com or you can contact via whatsapp messenger +16017067890 . and he will guide you on steps to take and get your funds back. Goodluck

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justin wayne - 2019-09-08 01:29:01

Most binary options companies out there are fraudulent. They are all scams. I have been a victim of their activities. I invested about $480,000 and when i wanted to withdraw after some weeks, I was unable to reach their contact numbers or emails with which we stayed in touch. I assumed they were having some maintenance routing check, as that had happened in the past. After some weeks, I was contacted again by them and was asked to invest which i refused and told them i wanted to withdraw my money. After this, i didn't hear from them again. At this point, I started to feel like i had been duped. I was lost and shattered as i had lost most of my savings. I was depressed for about 4 months. I was too ashamed to tell anyone about it, not even my children. I finally summoned the courage to tell my friend who came to visit me in the UK from New Zealand. He told me about a binary recovery expert (William Brandon ) who specializes in helping binary traders get money back.. I contacted him and he guided me on steps to take and recover my money. I now have all my lost money back, as i had given up all hope...You can also contact him via email at: Williambrandon73@gmail.com

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Alex - 2019-08-30 19:30:43

Execution of trades are very fast, same as with their deposit and withdrawal systems. I never have to wait longer than what they promise. Sometimes, funds are transferred sooner actually. I’m pretty sure that I’d be staying with InstaForex for too long if this kind of service continues.

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LEGAL247RECOVERY Dan - 2019-06-11 17:16:25

RICHARD'S EXPERIENCE (His testimony) - After I invested a total of $191,360, they tried to pull a fast one and put a bag over my eyes with claims of my investments been LOST ON BAD TRADES. Fortunately, earlier in the week I saw an interview on YoutubeTV about how a man had been scammed 4 times by binary options and was only happy to share his story cause He’d got it back through www. legal247recovery. com, so I looked up the link and reported to them. They got it all back in a week along with profits and damages. Too many bad eggs out there, stay secure. Report your case to them already.

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Raiyan - 2019-05-26 13:57:41

I am profitable by the binary options trading with InstaForex Broker. Because I am a new trader on options trading but after InstaForex's demo account practising and watching their tutorial videos, now I can easily trade on the binary options market. I've used the mobile Trader platform, which is user-friendly and fast. The best things are I can be monitoring my orders from anywhere and I have found their best news analysis in their platform. It helps me to make a profit on a binary options trade. They are reliable, As all of my payments were processed through Neteller within six hours. So I want to continue options trade with InstaForex Broker.

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agentmike - 2019-03-26 01:18:10

Binary options fraud is being committed by companies that encourage investors to make apparently simple bet on whether shares, currencies or other financial instruments will rise or fall in value. Thousands of pensioner are at risk of losing their life savings in a rapidly growing financial scam that British authorities are powerless to clamp down on Savers are investing their money in fraudulent online trading site offering the promise of potentially huge payouts with little risk attached. Pensioner Eddie Dave, a former self-employed IT worker, said he invested a total of nearly £70, 000 in a binary trading platform called GlobalTrader365 . Mr Danny said he was initially approached online by the firm in February 2017. He said that he felt his pension income might be improved by accepting the investment opportunity he said they were offering him. Like Ms Ablett, Mr Danny said he was assigned someone who identified themselves as a “broker” to trade on his behalf and made a series of investments over the course of several month.In December, he said he filed a request with the platform to withdraw his money, the majority of which had stemmed from his pension fund. He claims that request was denied and – like Ms Ablett – he said his account later appeared to have been blocked.Because Mr Danny had paid for some of the investments with credit cards, he said he raised a chargeback dispute with his banks, but they have so far been unable to help him.It’s disgusting and I feel so foolish to have fallen for it, ” says Ms Ablett. “For now, all I can say is that if my story prevents at least one person from falling for this, it was definitely worth telling…. Meanwhile In the absence of serious action against binary options fraud by UK authorities, Ethical Revolution Hacker has helped a couple dozen alleged victims of the industry reclaim a total of more than $10 million. The company has grown rapidly since it was founded in early , in some cases by helping victims of its own employees.if you have been scammed by this fake broker i will advise you to contact for help cos its never too late recover your lost fund here is their CONTACT web address ethicalrevolutionhacker. strikingly. com

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SOWSEED_ARENA - 2018-10-29 15:19:24

I have traded in a micro account with InstaForex for five years. So I strongly say that InstaForex is the fast and stable platform I have found in the market. Their spread and trading condition is fair to me and they have a hassle-free payment system too. In their MT4 platform, I have found much futures too, such as helpful analytical indicators, automatic trading EA. Overall I didn't get any big slippage and I can trade on my desire position with the fixed spread. So I am pleased with this company so far.

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Zita - 2018-09-03 08:21:41

2 years of trading binary options I have not been able to get a good results, but when my friend introduced me to Instaforex I had to think carefully before investing on this platform due to the bad experience I had in the past. As far as the minimum deposit is $1, I invested $50 just to test the platform. So far, trading options have been so great on this platform no delay or platform freezing at all. I can set SL, TP, buy limit and sell limit, I always copy deals from the successful traders and the result is very profitable. I wish I had known this broker for long, now I can invest big on this platform.

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Jim deem - 2018-08-20 04:25:42

Are you interested in Forex, binary options Cryptocurrencies trading, invest with a trusted account manager and get a better return in just couple of days with GENUINE AND LICENSED COMPANY or have you lost in trying to trade,i can help you recover all your lost money,i can also help you manage your account with the minimum deposit of $500 USD assure you get $5000 weekly,and $76,000 monthly, to any broker of your choice and you make a profit of over $500,000 in just a short period of time, contact me here on my email jimdeem300@gmail.com

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Loretta - 2018-08-15 18:12:37

I recently recovered my investments trading binary options with this scam broker. I hired a professional to this effect. I will like to share my experience because it is the right thing. Feel free to reach out garciasloretta986 at gmaiI dot com

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LijanFx - 2018-06-28 09:23:43

I am really grateful to InstaForex after receiving $500 start-up bonus. Now I am trading with them by the mobile trader platform and my experience is positive, as my orders executed instantly and I can set SL, TP, buy limit and sell limit. Besides they give me an opportunity to start forex trading without any risk in the market and also they give me many educational articles and video lessons on their website and youtube channel. I am happy after profited some money, so I will be deposit 50 dollars as the terms of start-up bonus. Then I can withdrawal my profits. So I hope to continue this business with InstaForex.

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Enny - 2018-01-10 11:54:36

I am new to Forex trading, I opened an account with InstaForex 3 months ago, November 2017. I deposited $100, and I registered my account for the pamm system, since I don't know how to trade, I will say my $100 have increased to $260 over the months, and I just withdrew $120 out of my account, and asked the pamm trader to continue trading. Through Instaforex I have realized forex trading is a very good business, especially on instaforex platform.

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Balut - 2017-11-28 06:24:00

My documents were accepted in less than an hour. The reason I sent my documents is that they require me to do so as I requested to withdraw some of my earnings from Forex Copy for a total amount of $365.41 through Megatransfer. Am pretty sure, the money would be credited to my purse anytime soon. You might be asking me if I am not afraid to invest with them. Well, the answer is No. I really trust this broker, plus I've been with them since 2013. Til now, nothing happens to my Insta.Eurica account. Yeah, I always copy deals from the successful traders and the result is very profitable, where I was given an opportunity to follow several traders. About the article written above, their regulation issues doesn't concern me at all as long as I earned and received my profits from this company.

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Miriam - 2017-09-28 02:22:29

I was a newbie in this market when I started to get interested in it to make some money. I knew about InstaForex due to several ads I saw in some websites. Just to try it, I opened a demo account and following all the recommendations I saw in its website, I traded for 6 months. Of course, since the beginning, I received the call of one of its managers, who was very nice and polite with me and explained every detail about the services of this broker. I learnt a lot during this period of time and even I received a non deposit bonus of $80 just to verify my account with 2 verification levels. After practicing, I decided to use that bonus to trade and in my first 2 weeks, I got $45 for my positions in EURUSD. Even I could withdraw $20 with Skrill without any problem in just a few hours. After that, I kept on trading and gaining more and more money. In my first year of trading, I got to accumulate $2,000. That's why my experience with InstaForex has been amazing since then.

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Zuoxian ‏ - 2017-06-11 10:49:38

I am a newbie in forex and made a demo account with InstaForex and traded around 2 months. After getting basic knowledge from them, one of my friend suggest me to start live trading with no deposit bonus. So I have opened a live account and applied for no deposit bonus, surprisingly after verification I got $ 50 as no deposit bonus. Within 25 days I made profit $26 trading with bonus. Even I already withdraw $20 from my profit through Skrill. It was takes 2 days to got money. Initially I was quite impressed with their execution, spreads, and their platform is very convenient. Last month I opened a live account with them My first deposit was $230 and I was pleased to get a 55% bonus on my deposit. I think the this broker is good. I don't have bad experience with this broker.

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Ezner - 2017-05-11 11:04:21

Insta fills orders smoothly. I've been copying trades from other professional traders for 4 months now. Almost 70 percent of my trades are successful. I pay commissions but only minimal.

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Bbillah - 2017-04-26 11:18:26

I am still a new trader and I have learned about forex trading from the InstaForex website and youtube.At Beginning I tried a demo account, Now I have been trading an InstaForex mini account.with 1:200 leverage since 4 months. I can’t find any negative issue even as a new trader I choose their ForexCopy system. I like their fast execution on platforms, low spread too. First I was hesitant to invest 100$ but few day later the system are very useful for me to earn money. Because I could copy a trade from any expert Forexcopy trader. although I didn't withdraw my profit yet due to increasing my capital. Because I am also interested their PAMM system and I will be invested my money as an pamm investor. Where a professional trader doing trade for me. I say these unique systems are profitable for me and that is signed by a professional broker. Overall, I’m satisfied with Instaforex service and hoped I will be trading a long time.