Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
InstaForex
$1.00Tightest Spreads
InstaForex
From 0.0 pips pipsHighest Leverage
InstaForex
1:Up to 1:1000Best Rated
XM
Mobile Trading
Both
✓✓General Information
XM
Regulation
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai, UAE)
Founded
N/A
Headquarters
Cyprus
Overall Rating
InstaForex
Regulation
FSC (Mauritius)
Founded
N/A
Headquarters
British Virgin Islands (headquartered)
Overall Rating
Trading Conditions
| Feature | XM | InstaForex |
|---|---|---|
| Minimum Deposit | $5.00 | $1.00 |
| Average Spreads | From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard | From 0.0 pips |
| Maximum Leverage | Up to 1:1000 | Up to 1:1000 |
| Commission | None | None |
Account Types
XM
InstaForex
Platforms & Tools
XM
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
InstaForex
MetaTrader 4, MetaTrader 5, cTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
XM
Deposit Methods
Credit/Debit Cards (Visa/MasterCard), Bank Wire Transfer, Skrill, Neteller, Google Pay, Local Methods (e.g., UnionPay in Asia)
Withdrawal Methods
Same as deposits: Credit/Debit Cards, Bank Wire, Skrill, Neteller (processed same-day for verified accounts)
Withdrawal Fee
None
InstaForex
Deposit Methods
🏦 Bank Wire Transfer, 💳 Credit/Debit Cards (Visa, Mastercard), ₿ Cryptocurrencies (e.g., Bitcoin), 💸 E-wallets (e.g., Skrill, Neteller), 🌍 Local payment methods (varies by region).
Withdrawal Methods
🏦 Bank Wire Transfer, 💳 Credit/Debit Cards, ₿ Cryptocurrencies, 💸 E-wallets (Skrill, Neteller).
Withdrawal Fee
None
Support
XM
Support Languages
30+ (English, Arabic, Chinese, French, German, Spanish, Japanese, Russian, etc.)
Support Channels
24/5 customer support through live chat, email, and phone, with assistance available in multiple languages.
Account Manager
Not Available
InstaForex
Support Languages
English, Russian, Spanish, Chinese, Arabic, Indonesian, Malay, Thai, Vietnamese, Hindi, and more (over 20 languages supported, based on global reach)
Support Channels
InstaForex offers 24/7 customer support via email, live chat, callback requests, and specialized departments to assist traders worldwide.
Account Manager
Available
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