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instaforex , IFS Markets Broker Comparison

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

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

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
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
instaforex
1.64
Not Regulated
Under guarantee
--
--
10-15 years
--
--
AAA
C
559.3
218
218
219
1703
1703
625
C

EURUSD: 1.6

XAUUSD: --

17
6
17
AAA
2.69 USD/Lot
--
AAA

Long: -0.94

Short: 0.12

--
AAA
0.1
4.8
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
--
IFS Markets
1.59
Unverified
Under guarantee
5-10 years
ASIC
--
A
AA
275.7
6
6
6
1875
1448
1875
B

EURUSD: 0.7

XAUUSD: 0.3

7
--
7
A
--
20.82 USD/Lot
C

Long: -11.02

Short: 3.48

Long: -63.64

Short: 25.63

AA
0.2
23.7
Standard,PRO
Forex,Indices,Commodities
$0 AUD
400:1
--
100.00
Variable
0.01
--

IFS Markets 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 instaforex and ifs-markets 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

instaforex
instaforex Review Summary
Founded2007
Registered Country/RegionCyprus
RegulationCYSEC
Market InstrumentsForex, commodities, stocks, cryptos
Demo Account
Islamic Account
Leverage1:1-1:1000
Spread3-7 pips (Standard account)
Trading PlatformMT4, MT5, multiterminal, web, and mobile trader
Minimum Deposit$1
Customer Support24/7 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 Restrictionthe 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.

instaforex Information

Pros and Cons

Pros Cons
Regulated by CYSECRegional 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 CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
CyprusCYSECRegulatedInstant Trading EU LtdMarket Maker (MM)266/15
license

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
assets

Account Type

InstanstaForex offers four types of live accounts. Besides, it also offers demo accounts and Islamic Account.

Account TypeMinimum Deposit
Insta.Standard$1
Insta.Eurica
Cent.Standard
Cent.Eurica
Account Type
Account Type

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 TypeSpreadCommission
Insta.Standard3-7 pips
Insta.EuricaFrom 0 pips
Cent.Standard3-7 pips
Cent.EuricaFrom 0 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, mobile, webBeginners
MT5Desktop, mobile, webExperienced traders
MultiterminalWeb/
WebWeb/
Mobile traderAndroid,iOS/
Trading Platform

Deposit and Withdrawal

InstanstaForex accepts Skrill, Neteller, Visa cards, MasterCard cards, bank transfers and cash payments.

Deposit Options

Deposit MethodsDeposit FeesDeposit Time
NetellerInstant
Visa/MasterCard 24 hours
Skrill
Cash1-4 hours
Bank transfer4 days
Deposit and Withdrawal
Deposit and Withdrawal

Withdrawal Options

Please pay attention to the commission which a bank can charge for an operation: up to $30.

Withdrawal MethodsMinimum Withdrawal
Bank wire$300
Wallets/E-payments/Bank cards$1
Withdrawal MethodsWithdrawal Time
MoneyBookers/Skrill1-7 hours
Other online payment systems
Bank transfer2-4 days
Visa 1-6 bank days
Withdrawal Options
Withdrawal Options
ifs-markets

Note: IFS Markets's official website: https://www.ifsmarkets.com/ is currently inaccessible normally.

IFS Markets Review Summary
Founded2023
Registered Country/RegionAustralia
RegulationSuspected Fake Clone
Market InstrumentsForex, Indices, Commodities
Demo AccountNot Mentioned
LeverageUp to 1:400
SpreadStarting from 0.0 pips
Trading PlatformMeta Trader 4
Min Deposit$100

IFS Markets Information

IFS Markets is an online forex and commodities trader, founded in 2008 and is headquartered in Sydney, Australia. IFS Markets offers many tradable instruments including forex, indices, commodities, etc, via its Standard Account or the Professional Account. It has a high leverage of up to 1:400. However, it is a Suspected Fake Clone.

Pros and Cons

ProsCons
  • No commissions for the standard account
  • Suspected Fake Clone
  • High leverage up to 1:400
  • High minimum deposit of $100
  • Support MT4

Is IFS Markets Legit?

IFS Markets had a Market Making(MM) regulated by the Australian Securities and Investments Commission (ASIC) in Australia with a license number of 323193, but currently, it is a Suspected Fake Clone.

Regulatory StatusSuspected Fake Clone
Regulated byAustralia
Licensed InstitutionFTX AUSTRALIA PTY LTD
Licensed TypeMarket Making(MM)
Licensed Number323193
Is IFS Markets Legit?
Is IFS Markets Legit?

What Can I Trade on IFS Markets?

The company provides investors with popular tradable instruments including forex (providing 45 pairs of various mainstream and cross-currency exchanges), indices (from 14 popular stock indices on the world's largest stock market), commodities (gold, silver, crude oil), etc.

Tradable InstrumentsSupported
Forex
Commodities
Indices
Cryptocurrency
Shares
Metals

Account Type

IFS Markets provides two types of accounts, including the Standard Account and the Professional Account for clients. The minimum deposit for Standard Accounts is $100, and the minimum deposit for Professional Accounts is $300.

Leverage of IFS Markets

IFS Markets's maximum leverage available for forex products ranges from 1:1 to 1:400. For gold, the maximum leverage is 1:100, while for silver, it's 1:50.

IFS Markets Fees

IFS Markets's standard account does not charge commissions, only the spread fee, and the main spread starts at 1.1 pips. The spread of the pro accounts starts at 0 pips, and $7 will be charged per 10,000 contracts. Swap rates are a cost. See the following swap rates table:

ITEMLONGSHORT
EURUSD$5.28$0.20
GBPUSD$5.27$3.86
AUDUSD$3.65$2.79
USDJPY$2.12$4.50

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Meta Trader 4PC and MobileInvestors of all experience levels

Deposit and Withdrawal

IFS Markets charges a minimum deposit of $100. The fees of IFS Markets depend on the Deposit/Withdrawal Options you choose. You can refer to the table for details.

Deposit/Withdrawal OptionsFeesProcessing Time
Credit/Debit Cards (AUD, USD, JPY, EUR, NZD, BGP, CAD, SGD)2% deposit feeInstant
Online Banking (RMB, THB, IDR, MYR, VND)Free1-2 business days
Wire Transfers (AUD, USD, SGD, BGP, EUR)Free2-5 business days
E-wallets (Skrill, NETELLER, Fasapay)Varying feesVarying processing times
Bitcoin1.5% feeInstant

Do instaforex and ifs-markets 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 instaforex and ifs-markets 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 ifs-markets the spread is --.

Which broker between instaforex, ifs-markets 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 --. ifs-markets is regulated by ASIC.

Which broker between instaforex, ifs-markets 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 the Standard Trading Accounts,Eurica Trading Accounts,ECN Trading Account,ECN Pro Trading Account,Scalping trading account platform with products like --; ifs-markets offers the Standard,PRO platform featuring assets including Forex,Indices,Commodities.

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