No broker is perfect, and Instaforex is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to Instaforex:
- Instaforex does not accept Paypal (See Paypal brokers here)
- Instaforex does not accept Skrill (See Skrill brokers here)
- Instaforex does not offer ECN accounts (See brokers with ECN accounts here)
- Instaforex does not offer Ethereum (See brokers that offer Ethereum here )
- Instaforex is not FCA regulated (See FCA regulated brokers here )
- Instaforex does not offer Mac platform (See brokers for Mac users here )
- Instaforex does not offer Spread Betting accounts (See Spread Betting brokers here)
Whatever your reason, we've got you covered. We analyse over 150 brokers across 80+ factors, from the competitiveness of their spreads to the quality of their trade execution and regulation. Below are ten of the best Instaforex alternatives.
Top alternative: eToro
A popular alternative to Instaforex is eToro, a brokerage regulated by Financial Conduct Authority, CySEC and over 12 years in business. Another strong alternative is AvaTrade, which is regulated by Central Bank of Ireland, ASiC, FSA, FSB and BVI.
Here are some of the key reasons why traders choose eToro and AvaTrade over Instaforex:
|Regulator||Unregulated||Financial Conduct Authority, CySEC||Central Bank of Ireland, ASiC, FSA, FSB and BVI|
|Min. Trade||0.01 Lot||$25||0.01 Lot|
|Platforms||MT4, MT5, Mirror Trader, Web Trader, Tablet & Mobile apps||Web Trader, Tablet & Mobile apps||MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps|
If you want to read more about eToro, we've put together an in-depth eToro review that explores their platform, spreads, and trading conditions in more detail.Visit eToro
If eToro isn't quite right, we've also listed ten suitable Instaforex alternatives below. You can click between the different instruments to compare each broker's spreads for that instrument.