InstaForex vs. IC Markets

InstaForex
69%
Deposit 200 EUR/USD
Spreads 1.3 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2007
Currency Pairs (Total Forex pairs) 82
Country: Cyprus
Regulation:
Cysec
Trading app:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: ECN, MM
Support:
Phone
Mail
Chat
Funding methods:
Skrill
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
IC Markets
75%
Deposit 200 EUR/USD
Spreads 0.5 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2007
Currency Pairs (Total Forex pairs) 90
Country: UK
Regulation:
FCA (UK)
ASIC (Australia)
Cysec
Trading app:
MetaTrader 4 (MT4)
cTrader
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Skrill
Qiwi
FasaPay
PayPal
Poli
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:

Winner of the comparison

48%
InstaForex
60%
IC Markets
Winner
If you don’t want to read the full comparison, the winner of our review is IC Markets, which takes the lead with a rating of 60%, while InstaForex only reaches 48%. InstaForex requires a minimum deposit of 200 EUR/USD, while IC Markets sets it at 200 EUR/USD. The entry amount is the same for both. For InstaForex, the spread is 1.3 EUR/USD, while for IC Markets it is 0.5 EUR/USD. Lower spreads at IC Markets give it the edge. InstaForex offers 82 forex pairs, while IC Markets provides 90. More options come with IC Markets. InstaForex was founded in 2007, while IC Markets has been operating since 2007. Both started in the same year, so they’re equal here. Unfortunately, neither of them offers this option. InstaForex is overseen by 1 regulatory bodies, while IC Markets has 3. Stricter oversight at IC Markets gives it an advantage. InstaForex supports 2 platforms, while IC Markets offers 3. More options are provided by IC Markets.

Comprehensive Comparison: InstaForex vs IC Markets

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: IC Markets with an overall rating of 60%
InstaForex
Min. Deposit
200
EUR/USD Spread
1.3
Currency Pairs
82
Year Established
2007
IC Markets
Min. Deposit
200
EUR/USD Spread
0.5
Currency Pairs
90
Year Established
2007

Key Strengths

InstaForex
    • Wide range of instruments: InstaForex offers trading with more than 100 currency pairs, CFDs, commodities, and cryptocurrencies.
    • No minimum deposit: InstaForex has no minimum deposit requirement, allowing you to start trading with any amount.
    • Professional education and analysis: InstaForex provides comprehensive educational and analytical tools useful for both beginners and experienced traders.
    • Quick deposits: Various deposit methods, including Bitcoin and credit cards, allow for quick and easy account funding.
IC Markets
    • Competitive spreads and low commissions: Low variable spreads, from 0 pips.
    • Wide range of trading instruments: Trading with over 2250 instruments.
    • Support for all trading methods: Scalping, HFT, and automated trading.

Comparison by Categories

Trading Tools
InstaForex
100%
IC Markets
100%
Trading Platforms
InstaForex
29%
IC Markets
43%
Trading Costs
InstaForex
60%
IC Markets
80%
Educational Materials
InstaForex
83%
IC Markets
100%
Customer Support
InstaForex
100%
IC Markets
100%
Overall Rating
InstaForex
48%
IC Markets
60%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, IC Markets is an ideal choice for new traders.
Best Platform
The trading platform of broker IC Markets offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
IC Markets offers competitive spreads and lower fees, making it ideal for active traders.
Investments
# InstaForex IC Markets
Currency Pairs (Total Forex pairs) 82 90
CFDs – Total Offered 2600+ 300+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 75% 75%
Winner
Cost
# InstaForex IC Markets
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1.3 0.5
Deposit from 200 200
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 60% 80%
Winner
Trading app
# InstaForex IC Markets
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 29% 43%
Winner
Trading Tools
# InstaForex IC Markets
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 100% 100%
Winner
Research
# InstaForex IC Markets
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 67% 100%
Winner
Education
# InstaForex IC Markets
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 83% 100%
Winner
Forex
# InstaForex IC Markets
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# InstaForex IC Markets
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 36% 91%
Winner
Indicies
# InstaForex IC Markets
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 100%
Winner
Cryptocurrencies
# InstaForex IC Markets
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 40% 50%
Winner
Regulations
# InstaForex IC Markets
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 17% 50%
Winner
Support
# InstaForex IC Markets
Chat
Phone
Mail
Support rating 100% 100%
Winner
Overall
# InstaForex IC Markets
Go to the full broker review InstaForex IC Markets
Win / Loss % 48% 60%
Winner