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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 Warning (1) 2026-03-06
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
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.

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
Overview

About InstaForex

InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

InstaForex strengths

  • Reliability is proved by 10-year experience
  • Top quality is acknowledged by 7,000,000+ clients
  • ForexCopy is a service which automatically copies deals of successful traders
  • 10+ PAMM traders manage $10+ mln, invested in PAMM accounts

Trading conditions

  • 300+ trading instruments, including currency pairs, stocks, metals, commodities, and cryptocurrencies
  • Cent and standard accounts in three currencies (USD, EUR, and RUB)
  • No minimum deposit
  • Over 10 ways to deposit and withdraw money: Visa, MasterCard, bank transfer, electronic payment systems, cryptocurrency wallets
  • Modern trading platforms for PCs and smartphones: trading apps and WebTrader

Financial instruments

Our priority is to provide the wide range of services to every customer at any stage of work from new account registration to money withdrawal.

Trading conditions are rightfully considered to be among the best ones in the world. Traders have access to a great variety of financial tools numbered more than 300.

Services for trade

Clients are everything that matters to InstaForex. Focusing on their needs, we offer qualitative and superior trading services. Besides, we continuously improve technologies to maintain our leading position.

InstaFinance Ltd. is authorized and licensed by the Financial Services Commission (FSC) under the Securities and Investment Business Act (SIBA), the British Virgin Islands (BVI).

As of now, the British Virgin Islands (BVI) are a British Overseas Territory with a legal system developed on the English common law. With financial services being the main pillar of Islands’ economy, the BVI is supporting international business industry presence. The BVI is an important world player in financial services industry, thus the financial services in the British Virgin Islands are regulated by the independent Financial Services Commission. The FSC is fulfilling the international commitments to the prevention of international white collar crime at the same time protecting the privacy and confidentiality of the legitimate business transactions.

The SIBA regulation safeguards that the BVI’s licensing regime complies with the global common standards of the financial industry defined by such organizations as the IMF (International Monetary Fund), as well as the IOSCO (International Organization of Securities Commissions).

In 2013 the FSC together with the regulators of 31 European countries have accepted a Memorandum of Understanding, which is about the joint assistance in supervising investment funds. This fact confirms the respectful role of the FSC on the global financial markets and that the jurisdiction of the BVI is well recognized worldwide.

InstaFinance Ltd. operates in accordance with the regulations of the FSC (under SIBA) and prioritizes transparency to the clients, acting by law, and protecting customer interests.

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

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
Official BrokersView
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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