instaforex
test broker
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Overview
instaforex and test broker are both established, regulated brokers. instaforex serves 12,000,000+ clients worldwide.
| Feature | instaforex | test broker |
|---|---|---|
| Min. Deposit | $250 | Not available |
| Regulation | BVI FSC, License Number SIBA/L/14/1082. FSC Saint Vincent, Reg. Number IBC22945. Saint Vincent, IBC24321 | Not available |
| Founded | 2017 | Not available |
| Country | Russia | Not available |
| Clients | 12,000,000+ | Not available |
Fees
Fees are a critical factor when choosing between instaforex and test broker, directly affecting your bottom line as a trader. The two brokers are broadly comparable on fee structure.
| Feature | instaforex | test broker |
|---|---|---|
| Min. Deposit | $250 | Not available |
| Withdrawal Fees | No | Not available |
| Inactivity Fees | Yes | Not available |
| Deposit Fees | No | Not available |
| CFD Fees | No | Not available |
Platforms
instaforex offers a mobile trading app; mobile availability for test broker is limited. instaforex supports social and copy trading features, which test broker does not offer. instaforex edges ahead on platform breadth and functionality in our scoring.
| Feature | instaforex | test broker |
|---|---|---|
| MT4 | Yes | Not available |
| MT5 | Yes | Not available |
| cTrader | Yes | Not available |
| Windows App | Yes | Not available |
| iOS App | Yes | Not available |
| Android App | Yes | Not available |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how instaforex and test broker compare. instaforex runs regular live webinars; test broker does not. instaforex has a video library; test broker does not. instaforex publishes daily market commentary; test broker does not. instaforex integrates third-party research tools (Trading Central, Autochartist); test broker does not. instaforex maintains an archive of past webinars for on-demand viewing. instaforex scores higher overall in education and research.
| Feature | instaforex | test broker |
|---|---|---|
| Forex Education | Yes | Not available |
| CFD Education | Yes | Not available |
| Weekly Webinars | Yes | Not available |
| Daily Commentary | Yes | Not available |
| Trading Central | Yes | Not available |
| Autochartist | Yes | Not available |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. instaforex uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. instaforex scores higher on deposit and withdrawal flexibility.
| Feature | instaforex | test broker |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | Yes | Not available |
| Skrill | Yes | Not available |
| Neteller | Yes | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. instaforex offers live chat; test broker does not, making instaforex easier to reach in real time. instaforex offers phone support; test broker does not. instaforex offers email support; no email support was found for test broker. instaforex offers multilingual support. instaforex scores higher overall on customer support in our assessment.
| Feature | instaforex | test broker |
|---|---|---|
| Live Chat | Yes | Not available |
| Phone Support | Yes | Not available |
| Email Support | Yes | Not available |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | Not available |