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instaforex , eXcentral Broker Comparison

Do you want to know which is the better broker between instaforex and eXcentral ?

In the table below, you can compare the features of instaforex , eXcentral side by side to determine the best fit for your needs.

  • WikiFX rating
  • Basic Information
  • Benchmark
  • Account
  • Relevant information
  • Relevant exposure
  • WikiFX rating
  • Basic Information
  • Benchmark
  • Account
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
WikiFX rating
Regulatory Status
WikiBit Guarantee
WikiFX Survey
Risk Evaluation
WikiFX exposure
Basic Information
Regulatory license
Deposit and withdrawal method
Transaction environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account name
Funding Requirement
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum position
Lock postition
EA trading
Under guarantee
5-10 years



3.23 USD/Lot
80 USD/Lot

Long: -6.41

Short: 1.57

Long: -21.82

Short: -7.01

Standard Trading Accounts,Eurica Trading Accounts,ECN Trading Account,ECN Pro Trading Account,Scalping trading account
no limit
Fixed 2-7
fixed spread
0.01 lots
No Regulation
Under guarantee
2-5 years
Credit Card Visa/ Mastercard,Skrill Neteller,Wire Transfer
EUR/USD 2.5, GBP/USD 2.8, USD/JPY 2.8, Crude Oil $0.14

eXcentral BrokersRelevant information

eXcentral BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of instaforex, excentral lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction


Registered in Cyprus
Regulated by CYSEC
Year(s) of establishment 5-10 years
Trading instruments currency pairs, stocks, indices, precious metals, energies, commodities, cryptocurrencies and futures
Minimum Initial Deposit $1
Maximum Leverage 1:1000
Minimum spread 0.0 pips onwards
Trading platform MT4, MT5
Deposit and withdrawal method Bank wire transfer and many other methods
Customer Service Email/phone number/address/live chat/more
Fraud Complaints Exposure No for now

General information and regulations of InstaForex

InstaForex brand was founded in 2007 and claims to be the choice of more than 7 million brokers. InstaForex website may be very complex at first glance, but if you take a moment to look at it closely, you will find a wealth of content. The information bar on both sides of the page is full of attractive content, such as news, widgets, real-time charts, customer service and much more.

In the following article, we will analyze the features of this merchant in all its dimensions, providing you with easy and well-organized information. If you are interested, read on. Reading this article will take you approximately 7 minutes.

At the end of the article, we will also briefly extract the most significant advantages and disadvantages so that you can get an idea of the broker's features at a glance.

General information

Market instruments

As we have said before, InstaForex web pages are very informative. On this trading products page you can see not only the trading products, but also the difference in commissions and spreads between different accounts. We can trade currency pairs, stocks, indices, precious metals, energies, commodities, cryptocurrencies and futures.

market instruments

Spreads and commissions for trading with InstaForex

Let's take currency pairs as an example. Spreads and commissions vary on different accounts. On the MT5 and Standard accounts the spread is about 3 pips and there is no commission, while on the Eurica account the spread is 0 and the commission varies from 3-12 USD.

We can venture to conclude that Eurica is suitable for long-term traders who trade less frequently, while the other two accounts are suitable for short-term traders who trade more frequently.

spreads and commissions

Account Types for InstaForex

Demo account: InstaForex offers a demo account for testing a little on the financial market without the risk of losing money. Opening a demo account, according to the company, is as easy as ABC.

Live account: there are in total 4 types of accounts: insta standard, insta eurica, cent standard and cent eurica. The minimum deposit for opening an account at InstaForex is just 1 USD, and the trading conditions also seem to be quite favorable.

account types

Trading platforms offered by InstaForex

As for trading platforms, clients can choose from the market leaders MetaTrader4 and MetaTrader5, which can be accessed from any device.

However, have you ever wondered or are you wondering which platform you should use? Our team has the corresponding article for your reference. The article details the similarities and differences between the two and gives specific advice.

trading platform

Leverage offered by InstaForex

InstaForex offers a maximum leverage of up to 1:1000, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Deposit and withdrawal methods and fees

Unlike some brokers that lack information, InstaForex is very generous in providing information. If you carefully browse their website, you can find a wealth of information. As for deposits and withdrawals, InstaForex shows all methods, required fees and arrival times clearly on a single page.

deposit and withdrawal

Educational resources

InstaForex educational resources are extensive. Online charts, market analysis, Forex calculators, indicators, articles, questions and answers, glossary... Whether you choose InstaForex as your broker or not, you can make the most of the resources available here.

educational resources

Customer support of InstaForex

Call back, live chat, WhatsApp, email...with numerous channels and 24/7 service, clients could get help whenever they have trading-related problem.

Here are more details about the customer service.

Languages: there are total sixteen languages on InstaForex website, which could meet the needs of most of its customers.

Service hours: 24/7

Phone: you could fill in a form, indicating your country, your preferred language and time, the team will call you whenever you want, and the service is totally free of charge.


Social networks: Facebook, Twitter, YouTube, Telegram, Instagram


customer support

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time.

Advantages and disadvantages of InstaForex


Well regulated

MT4, MT5

Sufficient information

Educational resources

Many instruments available

Demo account


Low leverage

Frequent asked questions about InstaForex

Is this broker well regulated?

Yes, it is currently effectively regulated by CYSEC in Cyprus.

Does this broker offer MT4/MT5?

Yes, InstaForex offers both MT4 and MT5 for you to choose from.


Generalc Information & Regulation

SAVIRSKY HOLDINGS LIMITED is the holding company of OM BRIDGE (PTY) LTD and eXcentral International. eXcentral International is operated by OM BRIDGE (PTY) LTD (2016/479525/07), a South Africa investment firm, authorised and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa with FSP License Number 48296. OM BRIDGE (PTY) Ltd does not offer services to individuals with Turkish nationality.

Market Instruments

eXcentral offers traders access to many financial tradable instruments, mainly Forex currency pairs, commodities, indices, and stocks.

Minimum Deposit

To meet different traders' trading needs and experience, eXcentral offers four different account types: the Classic Account, the Silver Account, the Gold Account, and the VIP account. The minimum intial deposit to open an basic account is $250, slightly higher than sector industry.

eXcentral Leverage

In respect to trading leverage, the maximum trading leverage is up to 1:400 for forex trading, 1:200 for indices and commodities trading, 1:5 for stock trading, and 1:5 for cryptocurrencies.

Spreads & Commissions

Spreads and commissions vary depending on different trading accounts. The spread for eXcentral Classic and Silver accounts is 2.5 pips for EURUSD, 2.8 pips for GBPUSD, 2.8 pips for USDJPY, and US$0.14 for Crude Oil. For the Gold account, the EURUSD spread is 1.8 pips, the GBPUSD spread is 2.3 pips, the USDJPY spread is 2.3 pips, and the Crude Oil spread is US$0.13. For the VIP account, the EURUSD spread is 0.9 pips, the GBPUSD spread is 1.4 pips, the USDJPY spread is 1.4 pips, and the Crude Oil spread is US$0.10.


eXcentral Trading Platform

eXcentral offers traders the market-leading and highly acclaimed MT4 trading platform. MT4 software is compatible with EA Trading and can be customized to suit their preferences with 30 technical indicators, 3 execution modes, 4 order types, and 9 timeframe interactive charts. MT4 is available for Android and iOS, giving traders the flexibility to choose according to their needs. The MT4 is available for Android and iOS, giving traders the flexibility to choose according to their needs.

eXcentral Trading Tools

Traders can take on Technical Analysis with all the necessary tools, from charts – with various lines and indicators, fundamental analysis, trading calculators, trailing stops and much more.

Deposit & Withdrawal

eXcentral welcomes users to withdraw funds via VISA, MasterCard credit cards (minimum deposit of 250 EUR/USD/GBP, maximum daily withdrawal of 10,000 EUR/USD/GBP), Skrill & NETELLER (minimum deposit of 250 EUR/USD/GBP, maximum withdrawal of unlimited funds) and wire transfer (minimum deposit of 250 EUR/USD/GBP, maximum withdrawal of 10,000 EUR/USD/GBP). EUR/USD/GBP, unlimited withdrawals). Traders are charged 3.5% for credit card withdrawals, 30 EUR/USD/GBP for wire transfers, 2% for Skrill withdrawals, and 3.5% for NETELLER withdrawals.

Are the transaction costs and expenses of instaforex, excentral lower?

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 instaforex and excentral are, we first considered common fees for standard accounts. On instaforex, the average spread for the EUR/USD currency pair is Fixed 2-7 pips, while on excentral the spread is EUR/USD 2.5, GBP/USD 2.8, USD/JPY 2.8, Crude Oil $0.14.

Which broker between instaforex, excentral 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.

instaforex is regulated by CYSEC. excentral is regulated by FSCA.

Which broker between instaforex, excentral 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.

instaforex provides trading platform including Standard Trading Accounts,Eurica Trading Accounts,ECN Trading Account,ECN Pro Trading Account,Scalping trading account and trading variety including --. excentral provides trading platform including Classic,Silver,Gold,VIP and trading variety including --.

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