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IC Markets vs InstaForex

By · Facts re-checked (UTC)

Here is how IC Markets and InstaForex compare on regulation, costs and platforms. See the table for regulators, costs and platforms.

IC MarketsInstaForex
RegulatorsFSA SeychellesCySEC, BVI FSC
Minimum depositUSD 200 (or currency equivalent)$1 (Insta.Standard, global entity); 1 EUR/USD/GBP (EU entity)
Spreads fromfrom 0.0 pips (Raw Spread)–
Commission–None on Standard; Zero and Raw accounts from $0.5 per trade (global entity)
Max leverage–1:30 for EU retail clients (Instant Trading EU Ltd); up to 1:1000 on the global site
PlatformsMT4, MT5, cTrader, TradingViewMetaTrader 4, MetaTrader 5, WebTrader, Mobile
Retail accounts losing money73.46%81.92%

Full reviews: IC Markets review · InstaForex review

Frequently asked questions

What is the minimum deposit at IC Markets and InstaForex?

IC Markets: USD 200 (or currency equivalent). InstaForex: $1 (Insta.Standard, global entity); 1 EUR/USD/GBP (EU entity).

Are IC Markets and InstaForex regulated?

IC Markets: FSA Seychelles. InstaForex: CySEC, BVI FSC.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more