InstaForex vs XTB
InstaForex | XTB |
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3.7
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4.8
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Traders from US not accepted
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Traders from US not accepted
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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. |
Founded in 2002 in Poland, XTB now serves more than 935,000 clients. The forex and CFD broker combines a heavily regulated trading environment with an extensive selection of 5,600+ assets and a commitment to trader satisfaction, featuring an intuitive in-house platform with superb tools to support aspiring day traders. |
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone. | 78% of retail accounts lose money. |
Customer Reviews | |
4.5
Based on 2 XTB customer reviews
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Bonus Offer | |
Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses | |
Promotions | |
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." | "XTB stands out as a top choice for new day traders with the terrific xStation platform, commission-free pricing, no minimum deposit, and excellent educational tools, many of which are seamlessly integrated into the platform. " |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures | CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$1 | $0 |
Trading Platforms | |
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Payment Methods | |
Bank cards, Bitcoin, Litecoin, Tether, Ethereum, Skrill, Neteller, PayCo, AstroPay, WebMoney, plus Local Banking & Transfer Solutions | |
Minimum Trade | |
0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica) | 0.01 Lots |
Regulator | |
BVI FSC | FCA, CySEC, KNF, CNMV, DFSA, FSC |
Margin Trading | |
Yes | Yes |
Margin Rate | |
4.5% | |
STP Account | |
No | Yes |
ECN Account | |
Yes | No |
DMA Account | |
No | Yes |
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 | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS and Android + browser based platform | iOS & Android |
App Review | |
Year after year XTB’s app stands out for its slick design and uncluttered interface that we love. It’s quick, responsive and packed with useful features, notably integrated sentiment data, market news, economic calendars and education. The user-friendly order panel underneath the trading chart also makes placing trades, including adding take profit and stop loss levels, really straightforward. |
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Android App Rating | |
3.6 |
4.3 |
iOS App Rating | |
3.6 |
4.7 |
Auto Trading | |
Yes | Open API |
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 |
Trade Signals | |
Yes | |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | Yes |
Inactivity Fee | |
$0 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
You can trade CFDs across a range of diverse markets with flexible account types and leverage up to 1:1000. 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. | XTB offers a huge selection of more than 2,100 CFDs spanning forex, indices, commodities, stocks, ETFs, and cryptos (location-dependant). Leverage up to 1:30 is available in the EU and UK, while global clients and pro traders can access up to 1:500. XTB stands out for its CFD trading resources and tutorials to assist traders in developing short-term trading strategies. |
Leverage | |
1:1000 | 1:30 (EU) 1:500 (Global) |
FTSE Spread | |
Fixed | 1.8 |
GBPUSD Spread | |
Av. Floating 0.6 pips | 1.4 |
Oil Spread | |
Fixed | 0.03 |
Stocks Spread | |
Commissions as low as 0.1% | 0.2% |
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 $1 making the broker accessible for beginners. You can also access market-leading forex analysis and insights. | XTB provides access to 70+ currency pairs with low spreads averaging around 1 pip on majors. The xStation platform offers an intuitive environment for forex traders with an excellent charting package encompassing 30+ indicators, plus a range of order types, catering to various strategies and risk management techniques. |
Forex App | |
With over 1 million downloads and a rating of 4.5*, XTB deliver a mobile trading platform that users love. Slick and reliable, the app boasts a range of extra features including advanced charts and market sentiment indicators. Download xStation by XTB here. |
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GBPUSD Spread | |
Av. Floating 0.6 | 1.4 |
EURUSD Spread | |
Av. Floating 0.2 | 1.0 |
EURGBP Spread | |
Av. Floating 0.5 | 1.4 |
Assets | |
1000+ | 70+ |
Currency Indices | |
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Cryptocurrency | |
There's a range of 10+ crypto tokens against USD, with 0.1% fees and 1:5 leverage. You can also trade the Bitcoin token with spreads around 25, which is in line with similar brokers. | XTB offers an excellent selection of cryptos with more than 50 digital currencies. Spreads are tight starting from 0.22% on BTC and leverage reaches 1:5. The xStation platform also provides intra-crypto pairs like ETH/BTC and DSH/BTC. With the capability to trade cryptos 24/7, XTB ensures a secure environment with transparent accounts for cryptocurrency day trading. |
Spread | |
0.1% | 0.22% |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone. | 78% of retail accounts lose money. |
More Comparisons | |
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