BrokersView
Search
Download
English
Sign In

InstaForex (BVI)

Save
Share
5.7
(182 Reviews)

Founded: 2007 Min Deposit: 1 USD

Headquarters: Moscow, Russia Max Lev: 1 : 1000

Risk Level I

Warned by Malaysia SC, NSSMC, ASC, CVM and OSC for carrying on unlicensed investment activities.

Score
Business Scope
7.8
Trading Cost
6.1
Trading Platforms
6.2
Support
6.3
Licence Status

hold an offshore license from BVI FSC

BVI FSC SIBA/L/14/1082
SVG FSA IBC24321
Authorised
Registered
Contact
support@instaforex.com
https://www.instaforex.com/
https://www.youtube.com/user/instaforex
Multilingual Support
Quick Response
Fast Order Execution
High Leverage
Offshore License
Multiple Trading Instruments
Multiple Account types
Islamic Account
Low Minimum Deposit
Bonus
Amin
2023-01-06
So far so good!! I started trading with the broker since last summer and I make profit continually. I did 12 withdrawals until now,every time I received within 6 hours. There were not any delay for this period.Five stars!!!
mohammed shafi
2023-01-11
Do not sign up!!You will not get a bonus!!!
Michal
2023-01-14
I have traded with Instaforex for about two years.Their platform is stable and reliable.I am also satisfied with their dependable customer support team.The broker provides education to their clients. Their tutorials and materials are really helpful to beginners.
Manoj Mulani
2022-11-16
Reasonable spreads and fast withdrawal!
Lewis
2022-11-23
It takes so long to get a response! I want to claim a bonus but I cannot connect with them.Its On-line help / support is NOT available 24 hours a day on week days. Even does not respond to either closing or opening with trades.
Broker News Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Broker News

InstaForex: Premier Broker Trusted by Over 7 Million Clients Worldwide 2024-08-27
As one of the leading global forex brands, InstaForex known for its wide range of services and instruments, perfect quality, security and innovative approach.
InstaForex: What Does the Trader Say about it? 2024-03-12
This article sheds light on the case of a trader's complaint against InstaForex.
Oct 9-13, 2023 Q&A Weekly Review - What's Asked This Week? 2023-10-13
Stay ahead in the game of trading with BrokersView's "Q&A Weekly Review" from Oct 9-13, 2023! Subscribe now to get the latest regulatory status and trading details of brokers.

Deposit and Withdrawal

6.1

Average

low deposit fee

Features

Low Minimum Deposit

See more

Company and Service

7.6

Good

Multi-language and fast customer support

Features

Multilingual Support
Quick Response
Profile
Headquarters Address
119019, Moscow, UL. New Arbat street, 21 (Business Centre), 10 floor, Suite, Moscow, 119019, Russia
Founded 2007
Broker Type
ECN
Time Zone GMT+3
Credit Profile No information
Trading Platforms
MT4
Windows,  iOS,  Android
MT5
Windows,  iOS,  Android
Contact
No Data
Others
Website Language
Belarusian,  Bengali,  Bulgarian,  Chinese(Simplified),  Czech,  Dutch,  English,  French,  German,  Greek,  Hindi,  Indonesian,  Italian,  Kazakh,  Malay,  Polish,  Portuguese,  Romanian,  Russian,  Serbian,  Slovak,  Spanish,  Thai,  Ukrainian,  Urdu,  Uzbek,  Vietnamese
Customer Service By
Phone,  Email,  Live Chat,  Facebook,  Twitter,  Instagram,  Youtube,  Skype,  Telegram,  WhatsApp,  Viber
Supported Language
Belarusian,  Bengali,  Bulgarian,  Chinese(Simplified),  Czech,  Dutch,  English,  French,  German,  Hindi,  Indonesian,  Italian,  Kazakh,  Malay,  Polish,  Portuguese,  Romanian,  Russian,  Serbian,  Slovak,  Spanish,  Thai,  Ukrainian,  Urdu,  Uzbek,  Vietnamese

Related Complaints

Q&A Complaints

how to withdraw instaforex no deposit bonus

Ilya Napoli
Sierra Leone
2023-09-14
ANSWER According to InstaForex, StartUp Bonus is a no deposit bonus. Every new Client of the Company has the right to get this bonus.The 100% StartUp Bonus can be withdrawn provided that the Client executes BUY or SELL trades which total X*3 InstaForex lots, where X is an amount of the Bonus credited. A Bonus profit can be withdrawn after the Client executes BUY or SELL deals which total Y*3 InstaForex lots, where Y is a profit share proportional to the Bonus. In order to withdraw both bonus funds and profit gained from a trading account, the Client should send a request following the link in Client Cabinet. The link will appear as soon as the Client has executed the required number of lots. The Company reserves the right to reject the request for bonus withdrawal without explaining the reason.If you have any further inquiry about no deposit bonus, you can contact InstaForex customer support team via live chat.
See more

what is instaforex

Samuel Badram
Sierra Leone
2023-08-11
ANSWER InstaForex (BVI) is a trading services provider in the forex industry, licensed by the British Virgin Islands Financial Services Commission (BVI FSC). Our users have marked it as a broker featuring responsive customer support in multiple languages, fast order execution, and high leverage.However, the Bank Negara Malaysia has issued a warning against InstaForex (BVI), cautioning investors about the risks involved. Since a financial regulator's warning is an important indication for a broker's reliability, we strongly suggest investors take it into account when making an investment decision.For more details about "what is instaforex", please refer to our full review of InstaForex (BVI).
See more

Overall Score

5.7
182 Reviews

Cost 6.1

Platforms 6.2

Deposit & Withdrawal 6.1

Customer Support 6.3

Indicates the average level of Brokers

Keywords for selection
Good/Professional Customer Support Fixed Spreads Reliable & Reputable Fast Deposit/Withdrawal Fast Execution Promotions / Bonus Do Not Recommend

182 Reviews Clear filter

Sort by
Justin Adley
7-12 months Chile
I like InstaForex!It gives me outstanding service. I am not skilled and I have not much time to trade,but I earned over $250 in InstaForexso every month.What's more,my withdrawal requests are comes to my account within same day!Never withdrawal delay!!
2025-04-22
Reply
Eliasta Surbakti
1-3 years Float.Standart Account Indonesia
Name : ELIASTA SURBAKTI, SHAccount number (login) : 51459869I just deposited 35 USD and immediately blocked itPLEASE CHECK..INSTAFOREX SCAM
2025-01-26
Reply
Brokersview Official
Dear user, we understand the distress and frustration the issue has caused you. We kindly request that you file a complaint on our platform at https://www.brokersview.com/complaint.
2025-01-27
Reply
Malcolm
1-3 years Bangladesh
I think InstaForex is the best. They have fast processing on my withdrawal request and they are very transparent. The news they have provided on their website is very helpful on me. They are my number one broker and they are deserving for the a lot of awards.
2025-01-17
Reply
Hailee Woo
1-3 years Comoros
Trading with InstaForex was my best decision. Low costs with perfect leverage and spreads mean more profit. I'll stick with them as they're reliable and transparent. Some minor downsides, but they’re minimal.
2024-12-20
Reply
Eugene
7-12 months New Zealand
Can't withdraw your deposit or your profit. SCAM.
2024-11-21
Reply
cafedeart
7-12 months Malaysia
Instaforex – beware margin account is not protected and you can lose above your account balanceIs this irresponsibility and a breach of the contractual agreement and the licence agreement?
2024-10-31
Reply
Lucky
1-3 years Italy
Hi Since November 30 2023 the withdrawals will be available in my account and then I will receive only 50% of my money. these are real people like me on Facebook that have the same problem with Instaforex.
2024-10-12
Reply
Gianluca Scatto
1-3 years France
Hi, I advise all of you to stay away this scammy broker,about bonus, they removed it from my account with NO REASON and when I asked them they replied it is like that and that's all, it has been removed even if you did not brake any rule, automatically, sometime it happensNot fair at all, in fact, when you win, they do everything for you to leaveQuote"The fact of bonuses cancellation does NOT mean your account broke some rules, however automatic detection system discovered some multi-valued features and cancelled bonus. We apologize if this circumstance causes troubles for you but we can only state that we are not able to change the algorithm of detection system functioning or influence the result of it."
2024-09-29
Reply
Kendes
7-12 months Canada
COMPLETE SCAM OUT TO STEAL YOUR MONEY!I
2024-09-27
Reply
Sidor
1-3 years China
Instaforex is a good broker. They offer good platform and they also have a very good staff. They will teach you or will guide you everytime you ask for their help.
2024-09-13
Reply

1-10 of 182 comments

Rate and Review

Overall Rating

Cost

Platforms

Deposit & Withdrawal

Customer Support

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.