B

instaforex

6.9/10

Personal Capital

6.1/10
6/10WinnerRegulation5/10
0/10FeesWinner1/10
10/10WinnerPlatforms9/10
10/10Education & ResearchTied10/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

instaforex was founded in 2017 and is headquartered in Russia, while Personal Capital was established in 2008 and is based in USA. instaforex holds licences including BVI FSC, while Personal Capital is regulated by Unregulated among others. instaforex serves 12,000,000+ clients worldwide; Personal Capital has 10,000+. The minimum deposit is $250 at instaforex and $100000 at Personal Capital.

instaforex wins this category
FeatureinstaforexPersonal Capital
Min. Deposit$250$100000
RegulationBVI FSC, License Number SIBA/L/14/1082. FSC Saint Vincent, Reg. Number IBC22945. Saint Vincent, IBC24321Unregulated
Founded20172008
CountryRussiaUSA
Clients12,000,000+10,000+

Fees

Fees are a critical factor when choosing between instaforex and Personal Capital, directly affecting your bottom line as a trader. Personal Capital has a lower barrier to entry with a minimum deposit of $100000 (vs $250 at instaforex). Neither broker charges withdrawal fees. instaforex applies inactivity fees on dormant accounts; Personal Capital does not. Overall, Personal Capital scores higher on fees in our assessment.

Personal Capital wins this category
FeatureinstaforexPersonal Capital
Min. Deposit$250$100000
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

instaforex offers MT4, MT5, cTrader, a proprietary platform, while Personal Capital supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. instaforex edges ahead on platform breadth and functionality in our scoring.

instaforex wins this category
FeatureinstaforexPersonal Capital
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsDesktop,Android,Tablet,iPhone

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how instaforex and Personal Capital 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
FeatureinstaforexPersonal Capital
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. instaforex accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Personal Capital supports 2 (bank transfer, credit/debit card). instaforex uniquely supports PayPal and Skrill and Neteller among the two brokers. instaforex scores higher on deposit and withdrawal flexibility.

instaforex wins this category
FeatureinstaforexPersonal Capital
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

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

Tied
FeatureinstaforexPersonal Capital
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese