B

Evans and Partners

6/10

instaforex

6.9/10
5/10RegulationWinner6/10
0/10FeesTied0/10
9/10PlatformsWinner10/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while instaforex was established in 2017 and is based in Russia. Evans and Partners holds licences including Unregulated, while instaforex is regulated by BVI FSC among others. Evans and Partners serves 10,000+ clients worldwide; instaforex has 12,000,000+. The minimum deposit is $500 at Evans and Partners and $250 at instaforex.

instaforex wins this category
FeatureEvans and Partnersinstaforex
Min. Deposit$500$250
RegulationUnregulatedBVI FSC, License Number SIBA/L/14/1082. FSC Saint Vincent, Reg. Number IBC22945. Saint Vincent, IBC24321
Founded20122017
CountryUSARussia
Clients10,000+12,000,000+

Fees

Fees are a critical factor when choosing between Evans and Partners and instaforex, directly affecting your bottom line as a trader. instaforex has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Evans and Partners). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. The two brokers are broadly comparable on fee structure.

Tied
FeatureEvans and Partnersinstaforex
Min. Deposit$500$250
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Evans and Partners offers MT4, 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 Evans and Partners does not offer. instaforex edges ahead on platform breadth and functionality in our scoring.

instaforex wins this category
FeatureEvans and Partnersinstaforex
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5MT4, 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 Evans and Partners 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. The two brokers are evenly matched on educational content.

Tied
FeatureEvans and Partnersinstaforex
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners 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
FeatureEvans and Partnersinstaforex
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 Evans and Partners and instaforex offer live chat support. Both provide phone support. Email support is available at both brokers. Evans and Partners supports 2 languages and instaforex supports 8, giving instaforex broader global reach. Both brokers are comparable on support quality.

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