IG vs InstaForex
By Akash · Facts re-checked (UTC)
Here is how IG and InstaForex compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| IG | InstaForex | |
|---|---|---|
| Regulators | FCA | CySEC, BVI FSC |
| Minimum deposit | No minimum balance to open an account | $1 (Insta.Standard, global entity); 1 EUR/USD/GBP (EU entity) |
| Spreads from | 0.6 pips EUR/USD (MT4, UK) | – |
| Commission | Commission-free on MT4 forex | None on Standard; Zero and Raw accounts from $0.5 per trade (global entity) |
| Max leverage | 30:1 on major forex pairs for retail clients (IG Markets Ltd, UK, 3.33% margin) | 1:30 for EU retail clients (Instant Trading EU Ltd); up to 1:1000 on the global site |
| Platforms | IG web platform, IG app, MetaTrader 4, MetaTrader 5, TradingView, ProRealTime | MetaTrader 4, MetaTrader 5, WebTrader, Mobile |
| Retail accounts losing money | 70% | 81.92% |
Full reviews: IG review · InstaForex review
Frequently asked questions
What is the minimum deposit at IG and InstaForex?
IG: No minimum balance to open an account. InstaForex: $1 (Insta.Standard, global entity); 1 EUR/USD/GBP (EU entity).
Are IG and InstaForex regulated?
IG: FCA. 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