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اردو
FBK MARKETS , instaforex Broker Comparison
Do you want to know which is the better broker between FBK MARKETS and instaforex ?
In the table below, you can compare the features of FBK MARKETS , instaforex side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
2 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official Website
Basic Information
Est. Date (years)
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed (ms)
Minimum Execution Latency (ms)
Minimum Open Latency (ms)
Minimum Close Latency (ms)
Maximum Execution Latency (ms)
Maximum Open Latency (ms)
Maximum Close Latency (ms)
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
- Average Trading Cost (USD/Lot)
Swap
Swap Rating
- Average Swap Cost (USD/Lot)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time (ms)
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
Pin to Left
1.73
Unverified
Not Guaranteed
--
5-10 years
FSCA
Not Supported
Not Supported
Ozow,Mastercard and Visa,Skrill
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
ZERO SPREAD, MICRO,ECN, Standard ,BONUS 100
--
R100
$0-$1000 - 1:1000 $1001-$2000 - 1:500 $2001-$5000 - 1:300 $5001-$10000 - 1:200 $10001-$Unlimited - 1:100
--
--
--
0.01
--
Pin to Left
2.12
Not Regulated
Not Guaranteed
--
--
10-15 years
--
Supported
Not Supported
--
C
A
366.3
234
94
188
1344
1344
1328
AAA
--
--
--
D
--
XAUUSD：80
AAA
EURUSD： -0.94 ~ 0.12
AAA
0.1
23
Standard Trading Accounts,Eurica Trading Accounts,ECN Trading Account,ECN Pro Trading Account,Scalping trading account
--
no limit
--
Fixed 2-7
50.00
fixed spread
0.01 lots
--
Score
Regulatory Status
Unverified
Not Regulated
FBK MARKETS 、 instaforex BrokerRelated News
BrokerRelevant Exposures
Which broker is more reliable?
To evaluate a broker's reliability and trustworthiness, consider the following four factors:
1.Forex broker introduction。
2.Do fbk-markets and instaforex have lower transaction costs?
3.Which broker is safer?
4.Which broker offers the best trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
fbk-markets
| FBK MarketsReview Summary | |
| Founded | 2020 |
| Registered Country/Region | South Africa |
| Regulation | Suspicious FSCA License |
| Market Instruments | Indices, Commodities, Bonds, Forex |
| Demo Account | / |
| Leverage | 1:100 to 1:1000 |
| Spread | As low as 0 |
| Trading Platform | MT4 |
| Min Deposit | R20 |
| Customer Support | Email: support@fbkmarkets.com |
| Phone: +27877029234, +27870927813 | |
| Contact Form | |
| Live Chat | |
| Social Media: Twitter, WhatsApp, Instagram | |
| Company Address: 400 16th Road, Corner 16th and New Road, Randjespark, Midrand, 1685 | |
| Regional Restriction | United States |
FBK Markets Information
FBK Markets is an unregulated broker incorporated in South Africa. It's a marketplace for forex trading. Traders on this platform get access to the MetaTrader 4 as well as market instruments including forex, indices, commodities, and bonds. With a low minimum deposit of R120 and low spreads, FBK Markets enables traders to access significant market positions even with a smaller initial investment. Though FBK Markets does not provide its service to US residents.
Pros & Cons
| Pros | Cons |
| Multiple Account Types | Suspicious Clone FSCA License |
| Flexible Leverage Rate | Commission Charged for Certain Accounts |
| Low Minimum Deposit Requirements | Regional Restriction |
| Multiple Contact Channels | |
| MT4 available |
Is FBK Markets Legit?
No. FBK Markets is not a regulated platform. Its FSCA license is suspected to be a fake clone.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
 | Financial Sector Conduct Authority | Suspicious Clone | RCG MARKETS (PTY) LTD | Financial Service Corporate | 49769 |
What Can I Trade on FBK Markets?
This platform accerts to provide markets instruments includes indices, commodities, bonds, and forex.
| Trading Asset | Available |
| forex | ✔ |
| Indices | ✔ |
| bonds | ✔ |
| commodities | ✔ |
| metals | ❌ |
| indices | ❌ |
| energies | ❌ |
| stocks /shares | ❌ |
| cryptocurrencies | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Account Types/Fees
FBK Markets offers a range of account types to cater to traders with different trading needs. The available account types include Standard, Zero Spread, Bonus 100, ECN, and Micro accounts, with different features such as spreads, commissions, and minimum deposit requirements. The base currencies available for all account types are ZAR, USD, and GBP.
| Feature/Account Type | STANDARD | ZERO SPREAD | BONUS 100 | ECN | MICRO |
| Base Currency | ZAR, USD, GBP | ZAR, USD, GBP | ZAR, USD, GBP | ZAR, USD, GBP | ZAR, USD, GBP |
| Spread | As Low as 0.5 Pip | 0 | As Low as 0.5 Pip | Tight Spreads | As Low as 0.5 Pip |
| Commission | 0 | $9 per Standard Lot | 0 | $4 per Standard Lot | 0 |
| Minimum Deposit | R100 | R100 | R100 | R100 | R20 |
| Leverage | 1:100 to 1:1000 | 1:100 to 1:1000 | 1:100 to 1:1000 | 1:100 to 1:1000 | 1:100 to 1:1000 |
Leverage
FBK Markets provides flexible leverage options ranging from 1:100 to 1:1000, which allows traders to customize their risk exposure based on their trading strategy.
| Balance | Leverage |
| $0 - $1000 | 1:1000 |
| $1001 - $2000 | 1:500 |
| $2001 - $5000 | 1:300 |
| $5001 - $10000 | 1:200 |
| $10001 - $ UNLIMITED | 1:100 |
Trading Platform
Traders on FBK Markets get access to MetaTrader 4, which is available on multiple devices. MetaTrader 4 (MT4) is a popular electronic trading platform, mainly used for online forex trading. It's favored by retail traders for its intuitive interface, powerful charting tools, and automated trading features.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ❌ | Desktop, Mobile, Web | Experienced trader |
| MT4 | ✔ | Desktop, Mobile, Web | Beginner |
| Trading View | ❌ | Desktop, Mobile, Tablets, Web | Beginner |
Deposit and Withdrawal
FBK Markets accepts a variety of ways to deposit and withdraw clients' money, including Ozow, Skrill, Mastercard, and Visa.
However, they still charge money for deposits and withdrawals. To be noted, they do not specify the exact cost amount on the website, but FBK Markets claims to reserve the right to impose deposit and withdrawal fees as well as limits in their system at any given time.
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Ozow | R100 | / | Instant |
| Mastercard and Visa | R100 | / | Instant |
| Skrill | R100 | / | Instant |
instaforex
| instaforex Review Summary | |
| Founded | 2007 |
| Registered Country/Region | Cyprus |
| Regulation | CYSEC |
| Market Instruments | Forex, commodities, stocks, cryptos |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | 1:1-1:1000 |
| Spread | 3-7 pips (Standard account) |
| Trading Platform | MT4, MT5, multiterminal, web, and mobile trader |
| Minimum Deposit | $1 |
| Customer Support | 24/7 support, contact form |
| Tel: +35725654112 | |
| Email: support@instaforex.eu | |
| Address: 4th Floor, Water's Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin Islands | |
| Regional Restriction | the USA |
instaforex Information
Instaforex is a regulated broker, offering trading on forex, commodities, and stocks with leverage up to 1:1000 and spread from 0 pips on the MT4, MT5, multiterminal, web, and mobile trader. The minimum deposit requirement is as low as $1.
Pros and Cons
| Pros | Cons |
| Regulated by CYSEC | Regional restrictions |
| Demo accounts | |
| Multiple account types | |
| MT4 and MT5 platforms available | |
| Low minimum deposit of $1 | |
| No deposit fees |
Is instaforex Legit?
Yes. Instaforex is licensed by Cyprus Securities and Exchange Commission (CYSEC) with license number 266/15 to offer services.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
| Cyprus | CYSEC | Regulated | Instant Trading EU Ltd | Market Maker (MM) | 266/15 |
What Can I Trade on instaforex?
Instaforex offers trading on forex, commodities, stocks, and cryptos.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Indices | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
InstanstaForex offers four types of live accounts. Besides, it also offers demo accounts and Islamic Account.
| Account Type | Minimum Deposit |
| Insta.Standard | $1 |
| Insta.Eurica | |
| Cent.Standard | |
| Cent.Eurica |
Leverage
InstanstaForex offers leverage of 1:1 - 1:1000 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
instaforex Fees
| Account Type | Spread | Commission |
| Insta.Standard | 3-7 pips | ❌ |
| Insta.Eurica | From 0 pips | |
| Cent.Standard | 3-7 pips | |
| Cent.Eurica | From 0 pips |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, mobile, web | Beginners |
| MT5 | ✔ | Desktop, mobile, web | Experienced traders |
| Multiterminal | ✔ | Web | / |
| Web | ✔ | Web | / |
| Mobile trader | ✔ | Android，iOS | / |
Deposit and Withdrawal
InstanstaForex accepts Skrill, Neteller, Visa cards, MasterCard cards, bank transfers and cash payments.
Deposit Options
| Deposit Methods | Deposit Fees | Deposit Time |
| Neteller | ❌ | Instant |
| Visa/MasterCard | 24 hours | |
| Skrill | ||
| Cash | 1-4 hours | |
| Bank transfer | 4 days |
Withdrawal Options
Please pay attention to the commission which a bank can charge for an operation: up to $30.
| Withdrawal Methods | Minimum Withdrawal |
| Bank wire | $300 |
| Wallets/E-payments/Bank cards | $1 |
| Withdrawal Methods | Withdrawal Time |
| MoneyBookers/Skrill | 1-7 hours |
| Other online payment systems | |
| Bank transfer | 2-4 days |
| Visa | 1-6 bank days |
Do fbk-markets and instaforex have lower transaction costs?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive fbk-markets and instaforex are, we first considered common fees for standard accounts. On fbk-markets, the average spread for the EUR/USD currency pair is -- pips, while on instaforex the spread is Fixed 2-7.
Which broker between fbk-markets, instaforex is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
fbk-markets is regulated by FSCA. instaforex is regulated by --.
Which broker between fbk-markets, instaforex provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
fbk-markets provides the ZERO SPREAD, MICRO,ECN, Standard ,BONUS 100 platform with products like --; instaforex offers the Standard Trading Accounts,Eurica Trading Accounts,ECN Trading Account,ECN Pro Trading Account,Scalping trading account platform featuring assets including --.
