DMM FX vs InstaForex

DMM FX vs InstaForex Comparison Table 2024
DMM FX	InstaForex
DMM FX has closed.	Review 3.7

Trade a range of products on the MetaTrader platforms at DMM FX.	InstaForex is a forex and CFD broker founded in 2007. The broker offers diverse market coverage to over 7 million clients, spanning traditional assets like currencies and shares, as well as other interesting opportunities such as IPOs. Traders can also access copy trading services, PAMM accounts and investment opportunities. InstaForex is regulated by the BVI FSC.
Bonus Offer
	Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses
Promotions
	Claim A 100% Deposit Bonus At InstaForex
Comment by Reviewer
	"InstaForex maintains its position as a top forex broker, with more currency products than most rivals. The tight spreads and low minimum deposits make it accessible to all experience levels, especially those familiar with the MT4 and MT5 platforms."
Pros
	InstaForex delivers a superb day trading environment, with the powerful MT4 and MT5 platforms offering dozens of technical analysis tools, automation capabilities and multiple order types The broker is a particularly good pick for serious forex traders, with over 100 currency pairs, tight spreads from 0.0 pips and a market-leading selection of curated forex market resources The broker is accessible for beginners, with low minimum deposits, Cent accounts (for global clients) and zero-commission trading available There’s a copy trading service available with just a $10 minimum deposit, allowing clients to become both followers and providers There’s a decent range of free and fast payment methods including local bank transfers, bank cards, e-wallets and cryptos InstaForex has a strong industry reputation, with a 15+ year history and serving over 7 million clients
Cons
	The broker’s global branch offers weaker regulation via the offshore jurisdiction of the British Virgin Islands, which means non-EU traders will receive limited safeguards Market coverage and account conditions vary significantly between the global and EU entities - for example, only 300+ instruments are available for global clients, whilst European traders can access 2500+ The broker’s website and client cabinet feel outdated and difficult to navigate for newcomers
Awards
	Best Forex Broker, International Investor Awards 2022 Best Crypto Broker 2022, Forexing.com Best Customer Service Broker 2022, AllForexBonus.com Best Broker 2022 in Latin America, International Business Magazine Best Affiliate Program 2022, GBM Best Forex Broker 2022, International Investor Awards Most Active Broker in Asia 2020, AtoZ Markets Forex Awards Best Affiliate Program 2020, Global Brands Magazine Best Broker in Asia 2019, Le Fonti Awards Best Managed Account 2019, IAFT Awards Best ECN Broker in Asia 2018, International Business Magazine
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies	CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$200
Trading Platforms
MT4 MT5	MT4 MT5
Payment Methods
Visa	AstroPay Bitcoin Payments Ethereum Payments Giropay Mastercard Neteller Przelewy24 Rapid Transfer Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots
Margin Trading
No	Yes
STP Account
No	No
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
Yes	iOS and Android + browser based platform
Android App Rating
	3.6
iOS App Rating
	3.6
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
No	Yes
Copy Trading Platform
	The Copy Trading facility at Instaforex is increasingly popular, due to the clear design and growing list of specialist traders and markets.
Social Trading
No	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	Yes
Account Currencies
	USD EUR
Stock Exchanges
	Australian Securities Exchange (ASX) Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange
Commodities
Gold Silver	Cocoa Coffee Copper Cotton Gasoline Gold Livestock Natural Gas Oil Orange Juice Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
Trade flexible CFDs on the financial markets.	You can trade CFDs across a range of diverse markets with flexible account types and leverage up to . With access to both MT4 and MT5, day traders can execute multiple short-term CFD trading strategies using the dozens of pre-integrated technical indicators and graphical objects.
FTSE Spread
Floating
GBPUSD Spread
Floating	Av. Floating 0.6 pips
Oil Spread
Floating
Stocks Spread
Floating	Commissions as low as 0.1%
Forex Trading
Trade majors, minors and exotics.	InstaForex's range of 100+ currency pairs is among the largest we have seen. ECN spreads are also available from 0.0 pips with zero commissions. Minimum deposits start from making the broker accessible for beginners. You can also access market-leading forex analysis and insights.
GBPUSD Spread
Floating	Av. Floating 0.6
EURUSD Spread
Floating	Av. Floating 0.2
EURGBP Spread
Floating	Av. Floating 0.5
Assets
	1000+
Currency Indices
	USD
Cryptocurrency
Trade on top cryptocurrency assets.
Spread
Floating	0.1%
Coins
BTC LTC ETH XRP	BCH BTC ETH LTC XRP and50+more
Crypto Lending
No	No
Crypto Mining
Yes	No
Crypto Staking
No	No
Auto Market Maker
No	No

DMM FX has closed.	Review
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