Comparison of InstaForex and RoboForex
| Feature | InstaForex | RoboForex |
|---|---|---|
| Broker | ||
| Year Founded | 2007 | 2009 |
| Broker Type | MM | MM, STP, ECN |
| Dealing | B-book | A-book, B-book |
| Execution | Instant, Market | Market |
| Regulation | BVIFSC, CySEC, SVGFSA | BFSC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), InstaForex | MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader |
| Spread | ⬈ High | ⬊ Low |
| Maximum Leverage | 1:1000 | 1:2000 |
| Minimum Deposit | $1 | $10 |
| Base Currencies | USD, EUR, RUB | USD, EUR, CNY, XAU |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, YooMoney, PayCo, AstroPay, Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA), Dash (DASH), Dogecoin (DOGE), Binance Coin (BNB), EOS (EOS), XRP (XRP), NEO (NEO) | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, Santander, HSBC, Caixa, Boleto, Bancolombia, China UnionPay, PSE, Tinkoff.ru, Webpay, Itau, SPEI, Multibanco, Verkkopankki, WeChat, EcoPayz, AstroPay, Efecty, OXXO, Western Union, PagoEfectivo, Rapipago, Carulla, EDEQ, Davivienda, Surtimax, Almancense Exito, Bancomer, Banorte, Redpagos, Servipag |
| Inactivity Fee | $10 per month after 3 months | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | 0-5% | ✖ |
| Investor Protection | Investor Compensation Fund (ICF) | Financialcommission.org |
| Protection Size | €20 000 | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✔ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Metals, Energies, Soft Commodities, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Metals, Energies, Soft Commodities |
| Review | InstaForex Review | RoboForex Review |
About InstaForex
InstaForex is a globally recognized forex broker established in 2007, offering a comprehensive range of trading services to both novice and experienced traders. Renowned for its user-friendly trading platforms, including MetaTrader 4 and its proprietary InstaForex platform, the broker provides access to a wide array of financial instruments such as currency pairs, commodities, indices, and cryptocurrencies. InstaForex distinguishes itself with competitive spreads, various account types tailored to different trading needs, and robust customer support available in multiple languages. Additionally, the broker offers educational resources and promotional bonuses, making it an attractive choice for traders seeking both flexibility and support in their trading endeavors.
Pros
- Access to numerous currency pairs, commodities, indices, cryptocurrencies, and more
- Availability of MetaTrader 4, MetaTrader 5, and the proprietary InstaForex platform
- Various account options catering to different trading styles and experience levels
- Comprehensive materials including webinars, tutorials, and articles to aid trader education
- Customer service available in several languages to accommodate a diverse client base
- Regular bonuses and incentives for both new and existing clients
Cons
- Certain withdrawal methods may incur additional fees, affecting overall trading costs
- Charges may apply for dormant accounts, which can be a drawback for less active traders
About RoboForex
RoboForex is a well-established Forex broker founded in 2009, offering a comprehensive range of trading services to both novice and experienced traders worldwide. Renowned for its diverse account types, including ECN and Prime accounts, RoboForex provides access to a wide array of financial instruments such as Forex, stocks, and CFDs. The broker supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, and its proprietary R StocksTrader platform, ensuring flexibility and advanced trading capabilities. With competitive spreads, various leverage options, and a robust regulatory framework under the Belize Financial Services Commission (BFSC), RoboForex emphasizes security, transparency, and user-friendly services. Additionally, it offers educational resources, automated trading solutions, and responsive customer support, making it a versatile choice for traders seeking a reliable and feature-rich trading environment.
Pros
- Offers multiple account options
- Access to over 12,000 financial instruments
- Supports popular platforms like MetaTrader 4, MetaTrader 5, and the proprietary R StocksTrader platform
- Offers competitive spreads and high leverage options
- Provides a wealth of educational materials
- Compatible with various automated trading systems and APIs
- Offers 24/5 multilingual customer support through live chat, email, and phone, ensuring timely assistance
- Regularly features promotional offers and bonuses
Cons
- Regulation solely by the BFSC, which may be considered less stringent compared to other major regulatory bodies like FCA or CySEC
- Lack of fixed spread account options might be a drawback for traders who prefer consistent spreads irrespective of market conditions
InstaForex & RoboForex Regulation
| Feature | InstaForex | RoboForex |
|---|---|---|
Companies | Instant Trading Ltd, Instant Trading EU Ltd, Insta Service Ltd, Insta Global Ltd | RoboForex Ltd |
Countries | British Virgin Islands, Cyprus, Saint Vincent and the Grenadines | Belize |
Regulators | BVIFSC, CySEC, SVGFSA | BFSC |
Investor Protection | Investor Compensation Fund (ICF) | Financialcommission.org |
Investor Protection Size | €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
InstaForex
Instant Trading Ltd, Instant Trading EU Ltd, Insta Service Ltd, Insta Global Ltd
RoboForex
RoboForex Ltd
Countries
InstaForex
British Virgin Islands, Cyprus, Saint Vincent and the Grenadines
RoboForex
Belize
Regulators
InstaForex
BVIFSC, CySEC, SVGFSA
RoboForex
BFSC
Investor Protection
InstaForex
Investor Compensation Fund (ICF)
RoboForex
Financialcommission.org
Investor Protection Size
InstaForex
€20 000
RoboForex
€20 000
Publicly Traded
InstaForex
RoboForex
Segregated Accounts
InstaForex
RoboForex
Guaranteed Stop Loss
InstaForex
RoboForex
Negative Balance Protection
InstaForex
RoboForex
Account Types
| Account | InstaForex | RoboForex |
|---|---|---|
Market Maker Account | ||
| Account Name | Eurica | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.1 | — |
| Fee | $6 per 1 lot | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 10% | — |
| Margin Call | 30% | — |
STP Account | ||
| Account Name | — | Pro |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.3 |
| Fee | — | No |
| Max Leverage | — | 1:2000 |
| Stop Out | — | 20% |
| Margin Call | — | 50% |
ECN Account | ||
| Account Name | — | ECN |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.1 |
| Fee | — | $4 per 1 lot |
| Max Leverage | — | 1:500 |
| Stop Out | — | 40% |
| Margin Call | — | 60% |
Zero Account | ||
| Account Name | — | Prime |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0 |
| Fee | — | $2 per 1 lot |
| Max Leverage | — | 1:300 |
| Stop Out | — | 100% |
| Margin Call | — | 100% |
Fix Spread Account | ||
| Account Name | Standard | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Fixed | — |
| Execution | Instant | — |
| Min Spread | 3 | — |
| Fee | No | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 10% | — |
| Margin Call | 30% | — |
Cent Account | ||
| Account Name | Cent | Pro-Cent |
| Min Deposit | $1 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Instant | Market |
| Min Spread | 3 | 1.3 |
| Fee | No | No |
| Max Leverage | 1:1000 | 1:2000 |
| Stop Out | 10% | 40% |
| Margin Call | 30% | 20% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Market Maker Account
Account Name
InstaForex
Eurica
RoboForex
—
Min Deposit
InstaForex
$1
RoboForex
—
Lot Size
InstaForex
0.01
RoboForex
—
Spread Type
InstaForex
Floating
RoboForex
—
Execution
InstaForex
Market
RoboForex
—
Min Spread
InstaForex
0.1
RoboForex
—
Fee
InstaForex
$6 per 1 lot
RoboForex
—
Max Leverage
InstaForex
1:1000
RoboForex
—
Stop Out
InstaForex
10%
RoboForex
—
Margin Call
InstaForex
30%
RoboForex
—
STP Account
Account Name
InstaForex
—
RoboForex
Pro
Min Deposit
InstaForex
—
RoboForex
$10
Lot Size
InstaForex
—
RoboForex
0.01
Spread Type
InstaForex
—
RoboForex
Floating
Execution
InstaForex
—
RoboForex
Market
Min Spread
InstaForex
—
RoboForex
1.3
Fee
InstaForex
—
RoboForex
No
Max Leverage
InstaForex
—
RoboForex
1:2000
Stop Out
InstaForex
—
RoboForex
20%
Margin Call
InstaForex
—
RoboForex
50%
ECN Account
Account Name
InstaForex
—
RoboForex
ECN
Min Deposit
InstaForex
—
RoboForex
$10
Lot Size
InstaForex
—
RoboForex
0.01
Spread Type
InstaForex
—
RoboForex
Floating
Execution
InstaForex
—
RoboForex
Market
Min Spread
InstaForex
—
RoboForex
0.1
Fee
InstaForex
—
RoboForex
$4 per 1 lot
Max Leverage
InstaForex
—
RoboForex
1:500
Stop Out
InstaForex
—
RoboForex
40%
Margin Call
InstaForex
—
RoboForex
60%
Zero Account
Account Name
InstaForex
—
RoboForex
Prime
Min Deposit
InstaForex
—
RoboForex
$10
Lot Size
InstaForex
—
RoboForex
0.01
Spread Type
InstaForex
—
RoboForex
Floating
Execution
InstaForex
—
RoboForex
Market
Min Spread
InstaForex
—
RoboForex
0
Fee
InstaForex
—
RoboForex
$2 per 1 lot
Max Leverage
InstaForex
—
RoboForex
1:300
Stop Out
InstaForex
—
RoboForex
100%
Margin Call
InstaForex
—
RoboForex
100%
Fix Spread Account
Account Name
InstaForex
Standard
RoboForex
—
Min Deposit
InstaForex
$1
RoboForex
—
Lot Size
InstaForex
0.01
RoboForex
—
Spread Type
InstaForex
Fixed
RoboForex
—
Execution
InstaForex
Instant
RoboForex
—
Min Spread
InstaForex
3
RoboForex
—
Fee
InstaForex
No
RoboForex
—
Max Leverage
InstaForex
1:1000
RoboForex
—
Stop Out
InstaForex
10%
RoboForex
—
Margin Call
InstaForex
30%
RoboForex
—
Cent Account
Account Name
InstaForex
Cent
RoboForex
Pro-Cent
Min Deposit
InstaForex
$1
RoboForex
$10
Lot Size
InstaForex
0.01
RoboForex
0.01
Spread Type
InstaForex
Floating
RoboForex
Floating
Execution
InstaForex
Instant
RoboForex
Market
Min Spread
InstaForex
3
RoboForex
1.3
Fee
InstaForex
No
RoboForex
No
Max Leverage
InstaForex
1:1000
RoboForex
1:2000
Stop Out
InstaForex
10%
RoboForex
40%
Margin Call
InstaForex
30%
RoboForex
20%
Additional Features
Demo Account
InstaForex
RoboForex
VIP Account
InstaForex
RoboForex
Swap-Free Account
InstaForex
RoboForex
Copy Trading
InstaForex
RoboForex
VPS
InstaForex
RoboForex
PAMM/MAM Accounts
InstaForex
RoboForex
Funding and Fees
| Feature | InstaForex | RoboForex |
|---|---|---|
Base currencies | USD, EUR, RUB | USD, EUR, CNY, XAU |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, YooMoney, PayCo, AstroPay, Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA), Dash (DASH), Dogecoin (DOGE), Binance Coin (BNB), EOS (EOS), XRP (XRP), NEO (NEO) | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, Santander, HSBC, Caixa, Boleto, Bancolombia, China UnionPay, PSE, Tinkoff.ru, Webpay, Itau, SPEI, Multibanco, Verkkopankki, WeChat, EcoPayz, AstroPay, Efecty, OXXO, Western Union, PagoEfectivo, Rapipago, Carulla, EDEQ, Davivienda, Surtimax, Almancense Exito, Bancomer, Banorte, Redpagos, Servipag |
Inactivity fee | $10 per month after 3 months | |
Interest on margin | ||
Withdrawal fee | 0-5% |
Base currencies
InstaForex
USD, EUR, RUB
RoboForex
USD, EUR, CNY, XAU
Deposit and withdrawal methods
InstaForex
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, YooMoney, PayCo, AstroPay, Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA), Dash (DASH), Dogecoin (DOGE), Binance Coin (BNB), EOS (EOS), XRP (XRP), NEO (NEO)
RoboForex
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, Santander, HSBC, Caixa, Boleto, Bancolombia, China UnionPay, PSE, Tinkoff.ru, Webpay, Itau, SPEI, Multibanco, Verkkopankki, WeChat, EcoPayz, AstroPay, Efecty, OXXO, Western Union, PagoEfectivo, Rapipago, Carulla, EDEQ, Davivienda, Surtimax, Almancense Exito, Bancomer, Banorte, Redpagos, Servipag
Inactivity fee
InstaForex
$10 per month after 3 months
RoboForex
Interest on margin
InstaForex
RoboForex
Withdrawal fee
InstaForex
0-5%
RoboForex
Trading Platforms and Conditions
| Feature | InstaForex | RoboForex |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), InstaForex | MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader |
Execution Speed | - | 40 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | low |
Trading Platforms
InstaForex
MetaTrader 4 (MT4), MetaTrader 5 (MT5), InstaForex
RoboForex
MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader
Execution Speed
InstaForex
-
RoboForex
40 ms
Scalping
InstaForex
RoboForex
Expert Advisors (EAs)
InstaForex
RoboForex
Depth of Market (DOM)
InstaForex
RoboForex
Spread
InstaForex
high
RoboForex
low
Trading Assets
| Asset | InstaForex | RoboForex |
|---|---|---|
Currencies | 108 | 33 |
Indices | 21 | 12 |
Stocks | 1448 | 8400 |
Cryptocurrencies | 72 | 11 |
Bonds | 0 | 0 |
Metals | 8 | 5 |
Energies | 6 | 2 |
Soft Commodities | 13 | 4 |
ETFs | 67 | 19 |
Currencies
InstaForex
108
RoboForex
33
Indices
InstaForex
21
RoboForex
12
Stocks
InstaForex
1448
RoboForex
8400
Cryptocurrencies
InstaForex
72
RoboForex
11
Bonds
InstaForex
0
RoboForex
0
Metals
InstaForex
8
RoboForex
5
Energies
InstaForex
6
RoboForex
2
Soft Commodities
InstaForex
13
RoboForex
4
ETFs
InstaForex
67
RoboForex
19
Education and Analytics
| Feature | InstaForex | RoboForex |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
InstaForex
RoboForex
Indicators
InstaForex
RoboForex
Robots
InstaForex
RoboForex
Signals
InstaForex
RoboForex
Autochartist
InstaForex
RoboForex
Expert Analytics
InstaForex
RoboForex
News Feed
InstaForex
RoboForex
Education Articles
InstaForex
RoboForex
Webinars
InstaForex
RoboForex
Seminars
InstaForex
RoboForex
Bonuses
| Bonus | InstaForex | RoboForex |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 100%, up to $2,000 | $30 |
| Details | Learn More | Learn More |
| No Deposit Bonus | ||
| Is available | ||
| Size | $1000 | — |
| Details | Learn More | — |
Welcome Bonus
Is available
InstaForex
RoboForex
Size
InstaForex
100%, up to $2,000
RoboForex
$30
Details
InstaForex
RoboForex
No Deposit Bonus
Is available
InstaForex
RoboForex
Size
InstaForex
$1000
RoboForex
—
Details
InstaForex
RoboForex
—
Contests
| Feature | InstaForex | RoboForex |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List |
| — |
Demo Contests
Is available
InstaForex
RoboForex
Contests List
InstaForex
- Great RaceStart Balance: $100000 · Prize Pool: $55000 · Period: MonthlyLearn More
- SniperStart Balance: $10000 · Prize Pool: $1500 · Period: WeeklyLearn More
- FX-1 RallyStart Balance: $40,000 · Prize Pool: $1500 · Period: WeeklyLearn More
- Lucky TraderStart Balance: $30,000 · Prize Pool: $3,000 · Period: Every 2 WeeksLearn More
- Real ScalpingStart Balance: $20,000 · Prize Pool: $6,000 · Period: MonthlyLearn More
RoboForex
—
Customer Support
| Contact | InstaForex | RoboForex |
|---|---|---|
Email | support@mail.instaforex.com | info@roboforex.com |
Phone | +35725654112 | +593964256286 |
Telegram | — | Telegram |
Facebook | — | |
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter |
Email
InstaForex
RoboForex
Phone
InstaForex
RoboForex
Telegram
InstaForex
—
RoboForex
Facebook
InstaForex
—
RoboForex
Instagram
InstaForex
—
RoboForex
Which Broker is Better?
After comparing InstaForex and RoboForex, RoboForex comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.