InstaForex online forex and CFD trading platform

Trade more than 100 currency pairs plus futures, commodities, indices and US CFD stocks.

InstaForex is an online forex trading platform that offers more than 300 financial tools, over 100 currency pairs and a a wide range of trading tools and market analyses.

When you open an account, you can choose whether you want to pay commission fees (brokerage per trade) or FX spreads, depending on the account you select and your personal trading style.

Trading CFDs and forex on leverage is high-risk and not suitable for all investors - you could even lose your initial investment. Always check the provider’s PDS and consider the risks before trading.
No reviews yet. Write a review

0.0 pips

Minimum Spreads for Major Currencies

100 currency pairs, CFDs on US stocks, indices, commodities

Available markets

MetaTrader 4
MetaTrader 5


We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!


Type of brokerOnline
Available markets100 currency pairs, CFDs on US stocks, indices, commodities
Minimum Spreads for Major Currencies0.0 pips
Commission0.03%- 0.07%
Minimum opening balanceAU$1
Minimum Trade Size0.1 lots
PlatformsMetaTrader 4
MetaTrader 5
SupportEmail, live chat

Founded in 2007, InstaForex is now the trading platform of choice for more than two million customers worldwide. It has also won numerous awards, including the Best Broker in Asia at the International Finance Awards and the Best Forex Broker at the European CEO Awards.

Trading CFDs and forex on leverage is high-risk and you could lose more than your initial investment. It may not be suitable for every investor. Refer to the provider’s PDS and consider the risks before trading.

What can I trade with InstaForex?

InstaForex gives you access to a wide range of financial instruments, including the following:


You can trade 107 currency pairs from your InstaForex account. This includes major pairs like EUR/USD and USD/GBP, as well as a number of more exotic options. Spreads start from as low as 0 and vary depending on the type of account you open.

Contract for difference (CFDs)

InstaForex offers the opportunity to trade CFDs on 88 US shares. You can also trade CFDs on a range of futures and indices, including metals, energy, agricultural products, the Dow Jones, the FTSE 100, Hang Seng and more.

Gold and silver

InstaForex also allows you to trade and take advantage of fluctuations in the spot price of gold and silver.

What benefits come with InstaForex?

Choosing InstaForex gives you access to the following benefits:

Trading platforms

InstaForex customers can choose to use either the MetaTrader 4 or MetaTrader 5 trading platform. These platforms offer fast order execution, a wide range of trading instruments, and the convenience of trading from your PC, tablet or smartphone. There is also a WebTrader platform available so you can trade straight from your Internet browser.

Available markets

InstaForex provides access to more than 100 currency pairs on international forex markets and to CFDs on US stocks as well as to global indices and a range of other commodities.

24/7 support

InstaForex offers online and phone support to customers 24 hours a day, 7 days a week. There are also plenty of educational resources available through the InstaForex website to help you learn the ins and outs of trading forex and CFDs.

Forex analytics

You can also access a range of market analyses and news to help you make more effective trades. This includes reports and analyses of market trends, financial market news, reviews of forex developments, and a market map to help you keep track of the performance of major stock exchanges.

InstaForex service levels

InstaForex offers four types of trading accounts:

Insta.Standard Trading Accounts

These standard trading accounts do not have any fees and can be used by all types of traders.

Insta.Eurica Trading Accounts

These accounts are designed for new traders and include zero spreads on most trades.

Cent.Standard and Cent.Eurica Trading Accounts

These two account types are tailored to beginner traders and to those who are just starting out in the world of forex. They allow you to test out trading strategies with minimal risk. The table below outlines the different features of each account:

Deposit currencyEUR, USDEUR, USDEUR cents, USD centsEUR cents, USD cents
Minimum deposit1 USD1 USD1 USD1 USD
Maximum depositUnlimitedUnlimited1,000 USD1,000 USD
Minimum trade0.01 of the lot0.01 of the lot0.10 of the lot (equivalent of 0.0001 market lot)0.10 of the lot (equivalent of 0.0001 market lot)
Maximum trade10,000 lots10,000 lots10,000 lots10,000 lots

What support and information is available with InstaForex?

InstaForex operates 24-hour phone support in several countries around the world, but unfortunately not in Australia. If you have a question about your account, 24-hour support is available via email, Skype, Twitter and a range of other instant messaging options. Alternatively, you may be able to find the answers you need on InstaForex’s website. In addition to a handy FAQ section, there’s also a dedicated Support Area where you can access help on a range of forex trading topics. There are videos, tutorials and even a training course to help you learn how the forex market works and how to get more out of your account.

What are the fees associated with using InstaForex?

There are no ongoing fees when you open a trading account with InstaForex. However, you will need to pay either a commission or the spread when you place a trade. The exact cost varies depending on the type of account you have.

  • Insta.Standard and Cent.Standard Accounts have spreads of 3-7
  • Insta.Eurica and Cent.Eurica Accounts charge fees of 0.03%-0.07% of the trade amount

What are the pros and cons of using InstaForex for my next trade?

Consider these pros and cons when deciding whether InstaForex is the right forex trading platform for you:


  • 24/7 support. If you ever have a problem or a question about a trade, InstaForex offers 24/7 customer support.
  • Mobile trading app. InstaForex offers a mobile trading app for Android and Apple smartphones.
  • Bonuses. InstaForex regularly offers bonuses to its customers. For example, they provide a welcome bonus deposit when you sign up for an account.
  • Wide range. InstaForex provides its customers with access to a wide range of trading instruments, allowing you to access trading opportunities across a number of currency pairs and global markets.


  • No Australian phone support. Although there are several online support options available, including Skype, there is no toll-free support phone number for Australian customers.

What you need to know about the application process for InstaForex

It only takes a few minutes to register for an InstaForex account. After filling out the online registration form with your personal details and the type of account you would like to open, you will receive an email with the following details:

  • Your trading account number
  • Your trader password
  • Your phone password
  • Your PIN code for confirming withdrawal requests

Once you’ve deposited money into your account, you can start trading straight away.

Help! I have some more questions

Looking for a forex trading platform?

Compare Australian forex brokers below to find one that meets your trading level and needs.

1 - 10 of 10
Name Product Minimum Opening Deposit Minimum Spreads for Major Currencies Commission Minimum Trade Size Platforms
Vantage Forex Trading
AUD 200
0.0 pips - 1.0 pips
0.01 lots
MetaTrader 4
MetaTrader 5
Disclaimer: CFD Service. Your capital is at risk.
Spreads start from 0.0 on major currency pairs and you get some of the lowest forex trading fees in Australia. Plus you can place trades and find global trends through the TradingView charts platform.
eToro Forex Trading
USD 200
1.0 pips
US$200 (to CopyTrade)
eToro Trading Platform
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Social trading, advanced charting tools, plus receive exclusive benefits through the eToro Club (membership is tiered based on the equity in your trading account).
IG Forex Trading
0.6 - 1.5 pips
1 lot
MetaTrader 4
ProReal Time
IG Trading Platform and Apps
Disclaimer: CFD Service. Your capital is at risk.
Choice of trading platforms. Choose optional extras like advanced charting, reporting and order types. Over 90 currency pairs to choose from.
AvaTrade Forex Trading
AUD/USD is 2.2 pips or 1.5 pips for EUR/USD
0.01 Lot
AvaTradeAct web trading
Automated Trading
Disclaimer: CFD Service. Your capital is at risk.
Enjoy minimum spreads of 0.01% for major currencies pairs as well as gain access to trading crypto currency pairs through Avatrade.
IC Markets Forex Trading (Raw Spread account)
USD 200
From 0.0-0.1 pips
AU$3.50 per 100k traded
0.01 lots
MetaTrader 4
MetaTrader 5
Disclaimer: CFD Service. Your capital is at risk.
Saxo Forex Trading (Classic Account)
AUD 3,000
0.5 pips
Disclaimer: CFD Service. Your capital is at risk.
Trade majors, minors, exortics, crypto and spot metals on Saxo's award-winning trading platfrom.
City Index Forex Trading
0.5 - 1.22 pips
0.01 lots
MetaTrader 4
At Pro
Advantage Web
Disclaimer: CFD Service. Your capital is at risk.
Choice of trading platforms, integrated Reuters news and device-synching so you can monitor trades across multiple devices.
Blueberry Markets Forex Trading
USD 100
From 0.0 pips
MetaTrader4, MetaTrader5
Disclaimer: CFD Service. Your capital is at risk.
Bottom of the market fees on forex, CFDs and commodities with 24/7 quality customer service.
CMC Markets
0.7 - 1.5 pips
0.01 lots
CFD Next Generation
MetaTrader 4
Disclaimer: CFD Service. Your capital is at risk.
ACY Securities Forex Trading
0.0 pip
$3 round trip
0.01 Lot
MetaTrader 4
MetaTrader 5

Compare up to 4 providers

Trading CFDs and forex on leverage is high-risk and you could lose more than your initial investment. It may not be suitable for every investor. Refer to the provider’s PDS and consider the risks before trading.

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.


  1. Default Gravatar
    November 30, 2018

    Hi, my name is Boakai. I have a friend living in Sierra Leone, Freetown and trading with your financial institution. He give me his Instaforex account details and asked me to deposit some money in his Intaforex account. I do not really have problem with depositing the money in his account. I actually trust him and I am willing to deposit the money in his Instaforex account from Australia, Melbourne.

    My question here is:

    1. Is it legal to transfer money in someone Instaforex account in Germany?

    2. If it is not legal, what are the best alternative ways to transfer this money without any legal action.

    • Avatarfinder Customer Care
      December 6, 2018

      Hi Boakai,

      Thank you for leaving a question.

      There are no legal implications when it just comes to depositing the amount into the online forex trading platform. But the account holder may need to inform InstaForex regarding having the account being opened in different countries. This activity may be flagged by Instaforex as a fraudulent act since the account is being accessed via different IP addresses. Hope this helps!


  2. Default Gravatar
    March 1, 2018

    How to deposit/withdraw money using an Australian bank card/account?

    • Avatarfinder Customer Care
      March 4, 2018

      Hello Nem,

      Good day! Appreciate you contacting us regarding your inquiry today.

      For InstaForex, available deposit options include bank account transfer, credit card, RBKMoney, Qiwi, MoneyBookers/Skrill, Neteller, Yandex.Money and Z-Payment. You may also pay in cash in their offices. The same options are available for withdrawing money from your trading account.

      For direct assistance, you may go through their website by clicking on the green “Go to site” button on this page you accessed so you can utilize their chat service for a real time interaction with their representative.

      Hope this helps!

      All the best,


Go to site