OctaFX vs InstaForex

OctaFX vs InstaForex Comparison Table 2023
OctaFX	InstaForex
Review 4.1	Review 4.1
Traders from US not accepted	Traders from US not accepted
OctaFX offers commission-free multi-asset trading on MT4 & MT5 platforms with tight floating spreads. Users can also benefit from a proprietary copy trading service.	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.
Bonus Offer
Up to 50% deposit bonus	30% - 100% Welcome Bonus
Promotions
Get A 50% Bonus On Each Deposit At OctaFX	Claim A 100% Deposit Bonus At InstaForex
Pros
Full range of investments Low minimum deposit Highly rated MetaTrader 4 and 5 Copy trading Commission-free trading Mobile app compatibility Negative balance protection (Within EU) No deposit & withdrawal fees Comprehensive educational content Bonuses and contests available (non-EU) High Leverage 1:500 (non-EU) Demo account with access to unlimited virtual funds Offers Islamic accounts	Demo account Full range of investments MT4 and MT5 integration Low minimum deposit Wide range of payment methods
Cons
Few payment methods No global stocks trading Zero pip spreads unavailable The global entity is regulated offshore Small selection of tradeable instrument
Awards
Most Secure Broker Indonesia 2022- International Business Magazine Best Global Broker Asia 2022- International Business Magazine Best Forex Broker Pakistan 2022- Global Brands Best Forex Broker India 2022- World Finance Best Mobile Trading Platform 2022- FXDailyInfo Best In Class For Social Copy Trading 2022- Forexbrokers.com Best Trading Conditions Asia 2021- World Business Outlook	Best Forex Broker by International Investor Awards 2022
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies	Forex, shares, indices, metals, oil and gas, futures, cryptos, binary options
Demo Account
Yes	Yes
Minimum Deposit
$100	$/€1
Payment Methods
Credit Card Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer	Bank cards plus international and local transfer solutions
Minimum Trade
0.01 lots	0.01 Lots
Regulator
SVGFSA, CySEC	BVI FSC
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
Yes	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	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
Yes (iOS & Android)	iOS and Android + browser based platform
Auto Trading
Yes	Yes
Copy Trading
Yes	No
Copy Trading Platform
Copy trading in OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance for live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time.	InstaForex offers a popular copy trading solution suitable for beginners.
Social Trading
Yes	No
Trade Signals
Yes (EAs)
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
0
Islamic Account
Yes	Yes
Account Currencies
USD EUR	USD EUR GBP PLN CZK
Stock Exchanges
Dow Jones FTSE UK Index Nasdaq	Australian Securities Exchange 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
Gasoline Gold Natural Gas Oil Silver	Copper Gold Natural Gas Oil Palladium Silver
CFD Trading
Trade CFDs on the financial markets with floating spreads and flexible leverage.	Use leveraged CFDs to speculate on popular financial assets with tight spreads.
Leverage
1:500 (Global), 1:30 (EU)	1:1000
FTSE Spread
1.8	Av. Floating 100 pips
GBPUSD Spread
1.1	Av. Floating 0.6
Oil Spread
0.7	2 pips
Stocks Spread
Variable	Floating, commissions as low as 0.01%
Forex Trading
OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips.	Go long or short on a range of major and minor currency pairs with tight spreads.
Forex App
OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.
GBPUSD Spread
1.1	Av. Floating 0.6
EURUSD Spread
0.7	Av. Floating 0.2
EURGBP Spread
2.1	Av. Floating 0.5
Assets
35	1000+
Currency Indices
	USD
Cryptocurrency
Trade 30+ popular digital currencies paired with the USD.	InstaForex offer crypto CFD trading on leading tokens with very low fees.
Spread
Variable	From 0%
Coins
BTC LTC ETH ZEC SOL ADA DOT ATOM LINK AVAX BTB MANA MATIC NEAR IOTA DOGE DASH ALGO AAVE	BCH BTC ETH LTC XRP and50+more
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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