TMS Brokers vs InstaForex

TMS Brokers vs InstaForex Comparison Table 2024
TMS Brokers	InstaForex
Review 2.8	Review 3.7

TMS Brokers is a leading European brokerage that offers affordable leveraged trading on forex, indices, stocks, ETFs, commodities and crypto through the popular MetaTrader 5 as well as a proprietary platform. The award-winning brand has over 20 years in the financial markets with modern trading tools and rich market analysis.	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.
Bonus Offer
	Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses
Promotions
	Claim A 100% Deposit Bonus At InstaForex
Comment by Reviewer
"TMS Brokers is a good pick for investors seeking commission-free trading, especially on a wide selection of stocks. The rich education center and zero minimum deposit will appeal to newer traders, in particular."	"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."
Pros
Regulated by Poland's KNF and a member of the Polish Compensation Scheme Choice of MetaTrader 5 or proprietary platform Transparent fees with spreads from 1 pip Pro account with perks Demo account available Award-winning brand	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
Cons
Financial education tools are very limited for English speaking customers Connect Professional account fees and rates are not as transparent Weak support for non-Polish speakers Average investment offering Low leverage of 1:20	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
Awards
Best FX Broker 2020 - Invest Cuffs Forecast Accuracy Ranking Q1 2019 - Bloomberg	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
Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs	CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$0
Trading Platforms
MT5	MT4 MT5
Payment Methods
Credit Card Mastercard Trustly Visa Wire Transfer	AstroPay Bitcoin Payments Ethereum Payments Giropay Mastercard Neteller Przelewy24 Rapid Transfer Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots
Regulator
Polish Financial Supervision Authority (KNF)
Margin Trading
No	Yes
STP Account
No	No
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
Yes	iOS and Android + browser based platform
Android App Rating
	3.6
iOS App Rating
	3.6
Auto Trading
Yes	Yes
Copy Trading
No	Yes
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
No	Yes
Trade Signals
Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	Yes
Account Currencies
	USD EUR
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 Gold Silver Wheat	Cocoa Coffee Copper Cotton Gasoline Gold Livestock Natural Gas Oil Orange Juice Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
Trade CFDs on a wide range of markets including stocks, indices, commodities and ETFs with variable spreads. The mobile app is reliable and the MT5 platform is an excellent option for active, multi-asset traders.	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.
Leverage
1:20
FTSE Spread
2.5
GBPUSD Spread
1.3	Av. Floating 0.6 pips
Oil Spread
0.04
Stocks Spread
Variable	Commissions as low as 0.1%
Forex Trading
42 forex pairs can be traded with a maximum 1:20 leverage. Traders benefit from zero-commission trading and average spreads starting from 1 pip, which are reasonable though not the lowest we have seen.	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.
GBPUSD Spread
1.3	Av. Floating 0.6
EURUSD Spread
1.0	Av. Floating 0.2
EURGBP Spread
1.0	Av. Floating 0.5
Assets
42	1000+
Currency Indices
	USD
Cryptocurrency
18 cryptocurrency CFDs are available, including Bitcoin, Ethereum and various altcoins, with maximum 1:2 leverage. On the negative side, the selection of digital currencies is limited vs alternatives we have tested.
Spread
Floating	0.1%
Coins
BTC ETH LTC XRP	BCH BTC ETH LTC XRP and50+more
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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