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InstaForex (BVI)

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5.7
(186 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
Jan 06, 2023 Malaysia
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
Jan 11, 2023 Nigeria
Do not sign up!!You will not get a bonus!!!
Michal
Jan 14, 2023 Greece
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
Nov 16, 2022 China
Reasonable spreads and fast withdrawal!
Lewis
Nov 23, 2022 Thailand
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 Aug 27, 2024
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? Mar 12, 2024
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? Oct 13, 2023
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

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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
Sep 14, 2023
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.
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what is instaforex

Samuel Badram
Sierra Leone
Aug 11, 2023
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).
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Overall Score

5.7
186 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

186 Reviews Clear filter

Sort by
KJ
France
InstaForex claims to be regulated by BVI FSC, but several regulators have issued warnings. I faced withdrawal delays and slow customer support. Fund safety feels questionable.
Nov 11, 2025
Reply
Hussain
0-6 months Insta.Standard Account Azerbaijan
I am unable to withdraw funds, and money is automatically deducted from my account. Furthermore, I am not allowed to trade anymore
Nov 04, 2025
Reply
AntonPavlovskyi
7-12 months Insta.Standard Account Hungary
InstaForex is very good broker, used them now for 8 months, I found there service to be very good, good execution and easy to fund account. They offer over 200 symbols including forex, cfd's, etfs, equities and futures. My spread on the major pairs has been fixed, which is amazing. I would recommend them.
Oct 20, 2025
Reply
Augusta
Over 3 years Insta.Eurica Account Angola
Instaforex is my second Forex broker and this is far better than my previous broker. I am happy that I found this broker because they have everything that I am looking for a broker. Their trading cost is not high, their platforms are all working perfectly, orders are executed instantly, and they offer various trading programs to their clients. I have been with them for three years now and I can say that I have no reason to look for another broker anymore.
Sep 01, 2025
Reply
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!!
Apr 22, 2025
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
Jan 26, 2025
Reply
Brokersvie
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.
Jan 27, 2025
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.
Jan 17, 2025
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.
Dec 20, 2024
Reply
Eugene
7-12 months New Zealand
Can't withdraw your deposit or your profit. SCAM.
Nov 21, 2024
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?
Oct 31, 2024
Reply

1-10 of 186 comments

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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.

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