Global Broker Regulation Inquiry App
About WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
اردو
instaforex , SPREAD CO Broker Comparison
Do you want to know which is the better broker between instaforex and SPREAD CO ?
In the table below, you can compare the features of instaforex , SPREAD CO side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- 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
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
--
6.88
Regulated
Under guarantee
15-20 years
FCA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
CFD,Spread Betting
shares, commodities, forex
--
--
--
0.00
--
--
--
SPREAD CO BrokerRelated News
SPREAD CO 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 spreadco 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 | |
| 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 |
spreadco
| Spreadco Review Summary | |
| Founded | 2004 |
| Registered Country/Region | United Kingdom |
| Regulation | FCA |
| Market Instruments | Gold, Equities, Indices, FTSE100, Forex, Commodities, ETFs |
| Demo Account | ✅ |
| Leverage | / |
| Spread | From 0.6 pips |
| Trading Platform | Spreadco |
| Minimum Deposit | / |
| Customer Support | 24/7 support |
| Phone: 0800 078 9398 | |
| Email: info@spreadco.com | |
| Facebook, X, YouTube | |
Spreadco Information
Spreadco is a broker regulated by FCA in the United Kingdom. The tradable instruments include gold, equities, indices, FTSE100, forex, commodities, and ETFs.
Pros and Cons
| Pros | Cons |
| 24/7 customer support | MT4/MT5 unavailable |
| Regulated by FCA | No info on deposit and withdrawal |
| Demo accounts available | |
| Various tradable instruments |
Is Spreadco Legit?
The Financial Conduct Authority (FCA) regulates Spreadco with license number 446677, and the license type is Market Maker (MM), making it much safer than unregulated brokers.
| Regulated Country | Regulated Authority | Current Status | Licensed Entity | License Type | License Number |
| United Kingdom | FCA | Regulated | Spread Co Limited | Market Maker (MM) | 446677 |
What Can I Trade on Spreadco?
Spreadco offers a wide range of market instruments, including gold, equities, indices, FTSE100, forex, commodities, and ETFs.
| Tradable Instruments | Supported |
| Gold | ✔ |
| Equties | ✔ |
| Indices | ✔ |
| FTSE100 | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| ETFs | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| Mutual Funds | ❌ |
Account Type & Fees
Spreadco has two live account types: Spread Betting and CFD. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | Spread Betting | CFD |
| Tax-free profits | ✔ | / |
| Spread | From 0.6 pips | / |
| 0% financing on short index positions | ✔ | ✔ |
| Commission | / | 0 |
Trading Platform
Spreadco provides a proprietary trading platform available on the web, mobile, and tablet to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| Spreadco | ✔ | Web/Mobile/Tablet | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Do instaforex and spreadco 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 spreadco 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 spreadco the spread is --.
Which broker between instaforex, spreadco 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 --. spreadco is regulated by FCA.
Which broker between instaforex, spreadco 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 --; spreadco offers the CFD,Spread Betting platform featuring assets including shares, commodities, forex.
