B

Daw Trading

6.7/10

instaforex

6.9/10
7/10WinnerRegulation6/10
8/10WinnerFees0/10
7/10PlatformsWinner10/10
6/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Daw Trading was founded in 1988 and is headquartered in USA, while instaforex was established in 2017 and is based in Russia. Daw Trading holds licences including Financial Conduct Authority (FCA), while instaforex is regulated by BVI FSC among others. Daw Trading serves 10,000+ clients worldwide; instaforex has 12,000,000+. The minimum deposit is $100 at Daw Trading and $250 at instaforex.

instaforex wins this category
FeatureDaw Tradinginstaforex
Min. Deposit$100$250
RegulationFinancial Conduct Authority (FCA)BVI FSC, License Number SIBA/L/14/1082. FSC Saint Vincent, Reg. Number IBC22945. Saint Vincent, IBC24321
Founded19882017
CountryUSARussia
Clients10,000+12,000,000+

Fees

Fees are a critical factor when choosing between Daw Trading and instaforex, directly affecting your bottom line as a trader. Daw Trading has a lower barrier to entry with a minimum deposit of $100 (vs $250 at instaforex). Neither broker charges withdrawal fees. instaforex applies inactivity fees on dormant accounts; Daw Trading does not. Overall, Daw Trading scores higher on fees in our assessment.

Daw Trading wins this category
FeatureDaw Tradinginstaforex
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Daw Trading offers MT5, cTrader, while instaforex supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. instaforex supports social and copy trading features, which Daw Trading does not offer. instaforex edges ahead on platform breadth and functionality in our scoring.

instaforex wins this category
FeatureDaw Tradinginstaforex
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Daw Trading and instaforex compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. instaforex scores higher overall in education and research.

instaforex wins this category
FeatureDaw Tradinginstaforex
Forex EducationNoYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Daw Trading accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while instaforex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). instaforex uniquely supports PayPal and Skrill and Neteller among the two brokers. instaforex scores higher on deposit and withdrawal flexibility.

instaforex wins this category
FeatureDaw Tradinginstaforex
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Daw Trading and instaforex offer live chat support. Both provide phone support. Email support is available at both brokers. Daw Trading supports 2 languages and instaforex supports 8, giving instaforex broader global reach. Both brokers are comparable on support quality.

Tied
FeatureDaw Tradinginstaforex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic