NicoFX vs InstaForex

NicoFX vs InstaForex Comparison Table 2021
NicoFX InstaForex
NicoFX facilitates trading in forex and precious metals under CySEC regulation. Instaforex provide Forex, CFDs, Stock and Cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
Best STP Broker 2016 - MENA Awards
The Best Forex Cryptocurrency Trading Platform 2018 by UK Forex Awards
Most Active Broker in Asia 2020 by AtoZ Markets Forex Awards
Bonus
None None
Instruments
Forex, Metals Currency pairs, CFDs on commodities, indices, stocks, cryptocurrencies, metals
Demo Account
Yes Yes
Minimum Deposit
$100 €100 to €50000 (Account choice dependent)
Payment Methods
Credit Card, Mastercard, Skrill, UnionPay, Visa, Wire Transfer BPAY, Credit Card, Mastercard, Perfect Money, Skrill, Sofort, WeChat Pay, Yandex Money
Minimum Trade
0.01 lots 0.01 Lots
Regulator
CySEC CySec
Margin Trading
- Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
- No
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
- No
PAMM Account
- Yes
LAMM Account
- No
Demat Account
- No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- No
Market Maker
- No
P2P Trading
- No
Spot Trading
- No
Mobile Apps
Yes iOS and Android + Browser based platform
Auto Trading
Yes (EAs) Via Copy Trading service
Trade Signals
Yes -
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- Yes
Ethical Investing
- No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
- -
CFD
CFD trading not offered
Leverage
1:30 1:30
FTSE Spread
N/A Av. Floating 100 pips
GBPUSD Spread
From 0.9 Av. Floating 0.6
Oil Spread
N/A 2 Pips
Stocks Spread
N/A Floating, commissions as low as 0.01%
Forex
Start trading a long list of leading currencies with up to 1:30 leverage. Offering a range of Accounts, including ECN, Instaforex can reduce average spreads to just 0.2 pips. The range of pairs offered is also among the largest of any broker.
GBPUSD Spread
From 0.9 Av. Floating 0.6
EURUSD Spread
From 0.9 Av. Floating 0.2
EURGBP Spread
From 0.9 Av. Floating 0.5
Assets
38 1000+
Cryptocurrency
Crypto trading not offered Instaforex offer crypto CFD trading on 19 leadings currencies with very low fees. Leverage is 1:2 for EU traders.
Spread
0.10%
Coins
BCH, BTC, ETH, LTC, XRP and 14 more
Crypto Lending
- No
Crypto Mining
- No
Auto Market Maker
- No