InstaForex vs Binance

InstaForex vs Binance Comparison Table 2024
InstaForex	Binance
Review 3.7	Review 3.5 Binance is being sued by the SEC for a range of securities violations, including the commingling of client funds and 'wash trading' against its customers to artificially increase crypto prices. Your funds may be at risk if you trade with Binance. We do not recommend making any deposits.

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.	Binance is one of the best-known crypto exchanges. The company is available in more than 180 countries with over 120 million registered customers. The platform offers a suite of crypto trading products, from staking and NFTs to derivatives.
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."	"Binance will appeal to crypto investors looking to trade big tokens like Bitcoin plus niche coins with low fees. However, regulatory action and questionable handling of customer funds makes this firm too high-risk in our opinion."
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	Over 350 crypto tokens are available with big names like Bitcoin and Ethereum Crypto derivatives are offered including options and futures Trade popular cryptos with high leverage up to 1:125 Binance Academy is a great resource for beginners The account opening process is straightforward There are no fees on fiat and crypto deposits 24/7 support is available via live chat
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	No contact support number Some regulatory investigations The crypto exchange has been hacked
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
CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities	Cryptos
Demo Account
Yes	No
Minimum Deposit
	$0
Trading Platforms
MT4 MT5	AlgoTrader
Payment Methods
AstroPay Bitcoin Payments Ethereum Payments Giropay Mastercard Neteller Przelewy24 Rapid Transfer Skrill Visa Wire Transfer	ACH Transfer ADVcash Apple Pay AstroPay Banxa Bitcoin Payments Credit Card Etana Ethereum Payments Flutterwave Google Wallet Mastercard Paybis PayID PIX Payment Samsung Pay Simplex Vietcombank Transfer Visa Wire Transfer
Minimum Trade
	$10
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	Yes
Spot Trading
No	Yes
Mobile Apps
iOS and Android + browser based platform	Yes
Android App Rating
3.6
iOS App Rating
3.6
Auto Trading
Yes
Copy Trading
Yes	No
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
Yes	No
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	No
Account Currencies
USD EUR	UAH
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
Cocoa Coffee Copper Cotton Gasoline Gold Livestock Natural Gas Oil Orange Juice Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
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.	CFD trading not offered
GBPUSD Spread
Av. Floating 0.6 pips
Stocks Spread
Commissions as low as 0.1%
Forex Trading
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.	Forex trading not offered
GBPUSD Spread
Av. Floating 0.6
EURUSD Spread
Av. Floating 0.2
EURGBP Spread
Av. Floating 0.5
Assets
1000+
Currency Indices
USD
Cryptocurrency
	Binance is one of the world's largest crypto exchanges. There is a vast range of products available including Binance Pool, Staking and an NFT Marketplace.
Spread
0.1%	Variable fees with account tiers
Coins
BCH BTC ETH LTC XRP and50+more	DOGE VET USDT BTC BNB ETH VTHO ADA ONE SOL NEO LINK XLM NANO LTC BUSD HBAR ALGO MANA ZIL ENJ BCH MATIC EGLD HNT EOS QTUM RVN DAI IOTA ONT STORJ UNI ETC BAND OMG XTZ USDC ATOM DASH ICX BAT MKR OXT ZEC ZEN ZRX COMP WAVES KNC REP PAXG FIL WBTC THETA SHIB
Crypto Lending
No	Yes
Crypto Mining
No	No
Crypto Staking
No	Yes
Auto Market Maker
No	No

Review	Review
More Comparisons
InstaForex vs	Binance vs