Compare FXTM Vs InstaForex: Which is the Better Forex Broker in 2024?
FXTM Vs InstaForex, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between FXTM Vs InstaForex, here is the direct comparison:
Feature | FXTM | InstaForex |
General Rating |
3.06/5 |
2.24/5 |
|
Score | 76 | 63 | |
Trustpilot |
3.1/5 704 users |
2.8/5 328 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2011 | 2007 | |
💲 Min Deposit | $10 | $1 | |
⚖ Max Leverage | 1:2000 | 1:1000 | |
🔢 Spread | Variable | Fixed | |
💸 Commissions | $2 | $30 | |
💡 Min Position | 0.01 lot | 0.0001 lot |
💳 Payment | WebMoney, Skrill, Wire transfer, Credit/debit cards, YooMoney, Neteller, UnionPay, QIWI, Perfect Money, DIXIPAY, FasaPay, Crypto and Google Pay | Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, AliPay, SOFORT, Crypto, Litecoin, Dash, Crypto Cash, AdvCash, Ripple, Tether (USDT), Dogecoin, NEO, AstroPay and EOS.IO | |
🏢 Office(s) |
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🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
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🗣 Website Languages | Arabic, Czech, English, Spanish, Persian, French, Hindi, Indonesian, Italian, Korean, Malay, Polish, Russian, Thai, Turkish, Urdu, Vietnamese, Chinese | Arabic, Azerbaijani, Bulgarian, Czech, German, English, Spanish, Indonesian, Italian, Japanese, Georgian, Lithuanian, Latvian/Lettish, Malay, Dutch, Polish, Portuguese, Russian, Slovak, Turkish, Ukrai |
🚪 Trade Now | Open FXTM | Open InstaForex |
Testimonials
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FXTM: Recover my fund without question
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FXTM: So far FXTM has always met my ideal trading conditions,...
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FXTM: One thing I like about FXTM is that they always...
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FXTM: I was having issues with withdrawals, but their customer support...
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FXTM: I don't understand why do they charged me overnight fees...
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FXTM: Recover my fund without question
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FXTM: So far FXTM has always met my ideal trading conditions,...
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FXTM: One thing I like about FXTM is that they always...
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FXTM: I was having issues with withdrawals, but their customer support...
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FXTM: I don't understand why do they charged me overnight fees...
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InstaForex: Hi, I have been trading with InstaForex since last Christmas....
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InstaForex: I noticed that InstaForex also accept cash deposit as well...
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InstaForex: I have experienced smooth trading experiments with this broker. Although...
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InstaForex: I just start trading with this broker and so far...
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InstaForex: InstaForex is one of few brokers that actually keep their...
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FXTM: Recover my fund without question
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See More FXTM Testimonials
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See More InstaForex Testimonials
News
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FXTM Forex Broker Parts Ways with Financial Commission
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Forex Broker InstaForex Awarded the Best Forex Broker in LatAm
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FXTM Exits EU Operations, Surrenders CySEC License
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Unlock Your Fortune: InstaForex Presents the Grand Choice Contest
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Join InstaForex Trade Wise Campaign, Win Apple
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InstaForex Begins Weekly FX-1 Rally Contest for Clients
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Get Honda CV-R for Indonesian Traders from InstaForex
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FXTM UK Revenue Drop Despite Rising Profit in 2022
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Don't Miss Out on InstaForex Offer: Get 55 Percent Deposit Bonus Now
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Boost Your Trading with InstaForex 100 Percent Bonus
Articles
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How to Deposit and Withdraw in FXTM
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How to Deposit and Withdraw in InstaForex
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InstaForex App Review: Trade Forex Like a Pro on Your Phone
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FXTM App Review: Every Trader's Perfect Mobile Companion
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How to Verify Your InstaForex Account
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How to Open Account in InstaForex
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How to Verify Account in FXTM
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How to Open Account in FXTM
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InstaForex Chancy Deposit: Boost Your Deposit Every Month
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InstaForex 100% Bonus Agreement: Get Up to $2,000
Bonus
Promotions
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, FXTM provides their pricing with Variable spread while InstaForex offers Fixed spread.
FXTM vs InstaForex: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, FXTM enables trading with MetaTrader 4 (Limited with 60 days), MetaTrader 5 (Limited with 30 days). The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, InstaForex provides trading with MetaTrader 4, MetaTrader 5, Web, Social trading with the support of One-click trading, Trailing stop, Pending orders.
Is FXTM or InstaForex better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, FXTM supports trading with Forex, Gold & silver, Commodities, Indices, CFD, Oil, Futures, Crypto, while InstaForex presents the ability of trading with Forex, Gold & silver, CFD, Binary options, Crypto, Oil, Indices, Stock, Commodities.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to FXTM and InstaForex:
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For more comparisons, visit this page.