InstaForex vs XM

InstaForex vs XM Comparison Table 2023
InstaForex XM
WINNER
InstaForex is the better broker
4.1

InstaForex is #10 in our binary options broker rankings.

4.4
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.

XM.com offers a range of account types and a $5 minimum deposit to appeal to all levels of trader. With 1000+ markets and low variable spreads XM.com provides an excellent trading experience.

Pros
  • Demo account
  • Full range of investments
  • MT4 and MT5 integration
  • Low minimum deposit
  • Wide range of payment methods
Awards
  • Best Forex Broker by International Investor Awards 2022
  • The Best Crypto CFDs 2022 - Financial Expo Egypt
  • Best FX Service Provider 2022 - City of London Wealth Management Awards
  • Best MT4/MT5 Broker 2021 - DayTrading.com
  • Best FX Educational Broker in the MENA region 2021 - Dubai Expo Awards
  • Best Trading Experience 2021 - Ultimate Fintech
  • Best FX Service Provider 2021 - City of London Wealth Management Awards
  • Best Broker in Customer Service 2020 - FX168
  • Best Customer Service Experience 2020 – Global Business Awards
  • Global Forex Broker of the Year 2020 - Global Forex Awards
  • Best FX Service Provider for 2020 - City of London Wealth Management Awards
Promotions

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Improve The Speed & Reliability Of Your Trades With The XM VPS

Bonus
30% - 100% Welcome Bonus Free VPN Services
Instruments
Forex, shares, indices, metals, oil and gas, futures, cryptos, binary options Forex CFDs, Commodity CFDs, Equity Indices CFDs, Precious Metals CFDs, Energy CFDs, Stocks
Demo Account
Yes Yes
Minimum Deposit
$/€1 5 $/€/£
Payment Methods
Bank cards plus international and local transfer solutions Multiple local payment methods available
Minimum Trade
0.01 Lots 0.01 Micro lots
Regulator
BVI FSC IFSC, DFSA, CySEC, ASIC, FCA, BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA, KNF, AFM, FI
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS and Android + browser based platform iOS, Android & Windows
Auto Trading
Yes Yes (EAs)
Copy Trading
No Yes
Copy Trading Platform
InstaForex offers a popular copy trading solution suitable for beginners. XM offers over 1,000 instruments and copy trading on MT4 and MT5. Although you may not get the same interactive feel as some of the proprietary platforms, the MetaTrader platforms will not disappoint in terms of their advanced trading features and tools, including MQL5 signals.
Social Trading
No No
Trade Signals
Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • PLN
  • CZK
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • CHF
  • PLN
Stock Exchanges
Commodities
CFD Trading
Use leveraged CFDs to speculate on popular financial assets with tight spreads. Leveraged CFD trading via several live accounts with signals and tight spreads available.
Leverage
1:1000 1:500
FTSE Spread
Av. Floating 100 pips 1.5 pts (var)
GBPUSD Spread<
Av. Floating 0.6 2.1 (var)
Oil Spread
2 pips 0.05 (var)
Stocks Spread
Floating, commissions as low as 0.01% 0.1% (var)
Forex Trading
Go long or short on a range of major and minor currency pairs with tight spreads. XM.com deliver ultra low spreads across a range of forex markets. Flexible lot sizes while Micro and Zero accounts accommodate every level of trader.
Forex App

XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MetaTrader 4 and MetaTrader 5 platforms in your hand, with full forex trading and charting capabilities. Try it out today.

GBPUSD Spread
Av. Floating 0.6 2.1 pips (var)
EURUSD Spread
Av. Floating 0.2 1.6 pips (var)
EURGBP Spread
Av. Floating 0.5 2 pips (var)
Assets
1000+ 55+
Cryptocurrency
InstaForex offer crypto CFD trading on leading tokens with very low fees.
Spread
From 0%
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • and50+more
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
InstaForex offers intraday and expiry binary options on gold and silver, currency pairs, plus stocks and shares. Binary options trading not offered
Payout
Variable%
Expiry Times
1 minute - 1 month
Ladder Options
No No
Boundary Options
No No
More Comparisons
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