InstaForex EU is a broker with 3 different investment options [MT5 Copy Trading, OYS Portfolios, Synthetic Assets]. It offers 6 main trading accounts [ECN, ECN Pro, and ECN VIP for MT4 and MT5].
There are 5 tradable markets [Forex, commodities, stocks, crypto, indices] available in this broker.
InstaForex EU Company Information & Regulation
InstaForex EU's website, Instaforex.eu, is operated by INSTANT TRADING EU LTD, a company registered at Spetson 23A, Leda Court, Block B, B203, 4000, Mesa Geitonia, Limassol, Cyprus.
The company is a subsidiary of InstaForex and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 266/15.
As a MiFID II-compliant entity, InstaForex EU adheres to stringent investor protection rules, making it a reliable choice for traders within the European Economic Area.
The broker has also earned industry recognition with several international awards, including “Best Forex Broker in Central and Eastern Europe” and “Most Innovative Broker”.
Retail traders benefit from:
- Full segregation of client funds in European bank accounts
- Negative balance protection to ensure losses cannot exceed account deposits
- Participation in the Investor Compensation Fund (ICF), which covers eligible clients up to €20,000 in the event of company insolvency
Key Specifications and Features
Let's break down the notable specifics and features that make InstaForex EU a multi-asset brokerage:
Broker | InstaForex EU |
Account Types | MT5 ECN, MT5 ECN Pro, MT5 ECN VIP, MT4 ECN, MT4 ECN PRO MT4 ECN VIP, Demo |
Regulating Authorities | CySEC |
Based Currencies | EUR, USD, PLN, CZK, GBP |
Minimum Deposit | 200 EUR |
Deposit Methods | Credit/Debit Card, Skrill, Neteller, Bank Transfers |
Withdrawal Methods | Credit/Debit Card, Skrill, Neteller, Bank Transfers |
Minimum Order | 0.01 Lot |
Maximum Leverage | 1:30 for Retail 1:500 for Professional |
Investment Options | MT5 Copy trading, OYS Portfolios, Synthetic Assets |
Trading Platforms & Apps | MetaTrader 4, MetaTrader 5 |
Markets | Forex, Commodities, Stocks, Crypto, Indices |
Spread | Raw on MT5 Accounts Floating on MT4 Accounts |
Commission | Variable |
Orders Execution | Market |
Margin Call/Stop Out | Not Specified |
Trading Features | Economic Calendar, Forex Portal |
Affiliate Program | Yes |
Bonus & Promotions | No |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Live Chat, Phone Call, Email, Callback Request |
Customer Support Hours | 24/5 |
Account Types Specifics and Comparison
The brokerage offers a decent variety of 6 account types, plus a demo account to suit different trading needs and styles.
Let's compare the main account types:
Account Type | MT4 | MT5 | ||||
ECN | ECN Pro | ECN VIP | ECN | ECN Pro | ECN VIP | |
Deposit Currency | EUR, USD, PLN, CZK | EUR, USD, PLN, CZK, GBP | ||||
Min. Deposit (EUR or Equivalent) | 200 | 2,000 | 10,000 | 1,000 | 10,000 | 50,000 |
Trading Instruments | 260+ | 2,500+ | ||||
Order Execution | Market | |||||
Personal Account Manager | Yes | |||||
VPS Server | No | Yes | ||||
Leverage of up to 1:30 is available for retail clients and increases to 1:400 for professional traders, in compliance with EU regulations.
Benefits and Drawbacks
Like any broker, InstaForex EU has its strengths and weaknesses. Let's take an objective look at both:
Benefits | Drawbacks |
Large Number of Over 2,500 Trading Instruments | Relatively Low Leverage |
6 Trading Account Types | - |
Physical Presence in Multiple European Countries | - |
Strong Regulatory Oversight | - |
Account Creation and Verification: Quick Guide
Opening an account with InstaForex EU requires a standard identity verification and questionnaire process, ensuring compliance with KYC and MiFID II directives. The procedure is digital, streamlined, and compatible with social logins, offering both convenience and regulatory integrity.
#1 Access the Platform
Visit the official InstaForex EU website and select “Open Trading Account”.
#2 Submit Basic Info
Fill in your name, residence country, email, and phone number, then enter the CAPTCHA and agree to the terms.
#3 Verify Contact Details
Enter the confirmation code sent to your phone or email. Alternatively, use a Google or Facebook account to proceed.
#4 Complete KYC
Answer the regulatory questionnaire, upload identification documents, and verify your account to activate full trading access.
Trading Platforms and Terminals
InstaForex EU offers two of the most popular trading platforms in the forex industry to its clients: MetaTrader 4 and MetaTrader 5.
These terminals include every essential feature for trading in financial markets, such as charting tools, indicators, Expert Advisors, market depth, and more. Download or access these platforms via these:
MetaTrader 4:
- Windows
- MT4 Android
- MT4 iOS
- MT4 Web
- MacOS
MetaTrader 5:
- Windows
- MT5 Android
- MT5 iOS
- MT5 Web
- MacOS
Trading Spreads, Commissions, and Non-trading Fees
InstaForex EU offers competitive pricing across its account types. Let's take a look the trading costs in the table below:
Account Type | MT4 | MT5 | ||||
ECN | ECN Pro | ECN VIP | ECN | ECN Pro | ECN VIP | |
Spread | Floating | Raw | ||||
Commission | Variable | Variable Based on The Instrument | ||||
There are no deposit fees regardless of the method used; however, a withdrawal fee is charged on some payment options and account types.
Also, for accounts that are inactive for more than 6 months, a 5 EUR (or equivalent) monthly fee will be deducted from the client's account.
Deposit and Withdrawal Options
InstaForex EU offers six payment methods for both deposits and withdrawals. We will mention these options in the list below:
- Credit/Debit Cards: VISA and MasterCard
- E-wallets: Skrill, Neteller
- Bank Transfers: SEPA, SWIFT
Copy Trading and Other Investment Features in InstaForex EU Broker
Investment options are ways to earn passive income in a financial company. The discussed broker offers 3 of these choices to traders:
- MT5 Copy Trading: Automatically copy the signals provided by successful traders
- OYS Portfolios: Invest in pre-built portfolios managed by professionals
- Synthetic Assets: Earn dividends on synthetic shares in the broker
Which Markets and Instruments Are Available?
InstaForex EU does a good job in this regard, offering a large number of over 2,500 tradable instruments:
- Forex: EUR/USD, GBP/USD, USD/JPY, And more
- Commodities: Gold, gas, silver, oil, and so on
- Stocks: Large companies such as Google, Netflix, Apple, etc.
- Cryptocurrencies: BTC, ETH, LTC, ADA, and more
- Indices: DAX 30, ,S&P 500, UK 100, NASDAQ 100, etc
Are There Any Bonuses and Promotions?
Based on our investigations, at the time of writing this article, InstaForex EU does not offer traditional deposit or non-deposit bonuses, in compliance with EU regulations.
This approach is the same as that of many other brokers regulated by CySEC.
Support Contact Options and Open Hours
InstaForex EU provides a useful set of options for support, providing 4 channels:
- Phone: +35725654112 and other numbers in several countries
- Email: support@instaforex.eu
- Live Chat: Accessible via the website, WhatsApp, and Facebook Messenger
- Callback Request: Option to request a call from the support team on the website
Support is available 24/5 for the Cyprus head office, with varying hours for branch offices in Poland, Slovakia, Czech Republic, Hungary, and Bulgaria.
InstaForex EU Broker List Of Restricted Countries
While InstaForex is a global brand, InstaForex EU (operated by Instant Trading EU Ltd) specifically caters to clients within the European Union and those from several other specific countries. They do not serve residents of the USA or other regions, including but not limited to:
- Cuba
- North Korea
- Iran
- Iraq
- Saudi Arabia
- Sudan
- Afghanistan
- Pakistan
Trust Scores and User Ratings
Sources like Trustpilot and ScamAdviser are reliable platforms for evaluating the trust score of financial companies.
InstaForex EU has received mixed reviews from traders:
- Trustpilot: 3.2/5 based on more than 10 reviews
- InstaForex EU ScamAdviser: Trustscore of 5/100, with +20 user reviews averaging 2.2/5
Overall, the number of reviews are too low to be taken into account.
Educational Resources and Materials
InstaForex EU attempts to provide an essential level of education to its clients by offering articles covering trading concepts and guides. Also, there is a glossary of trading terms in addition to analytics, forecasts, and trading plans.
All in all, these resources are useful and can help beginners get started in the industry.
How Does InstaForex EU Perform Compared to Its Peers?
Here's a table comparing the European branch of InstaForex to its competitors:
Parameter | InstaForex EU Broker | HFM Broker | FxPro Broker | Fusion Markets Broker |
Regulation | CySEC | CySEC, DFSA, FCA, FSCA, FSA | FCA, FSCA, CySEC, SCB | ASIC, VFSC |
Minimum Spread | 0.0 Pips | 0.0 Pips | 0.0 Pips | From 0.0 pips |
Commission | Variable | From Zero | From $0 | From $0.0 |
Minimum Deposit | 200 EUR | From $0 | $100 | $0 |
Maximum Leverage | 1:30 for Retail 1:500 for Professional | 1:2000 | 1:500 | 1:500 |
Trading Platforms | MetaTrader 4, MetaTrader 5 | MT4, MT5, Mobile App | MT4, MT5, cTrader, Web Trader, Mobile App | MetaTrader 4, MetaTrader 5, TradingView, cTrader |
Account Types | MT5 ECN, MT5 ECN Pro, MT5 ECN VIP, MT4 ECN, MT4 ECN PRO MT4 ECN VIP, Demo | Cent, Zero, Pro, Premium | Standard, Pro, Raw+, Elite | Zero, Classic, Swap-Free |
Islamic Account | Yes | Yes | Yes | Yes |
Number of Tradable Assets | 2,500+ | 1,000+ | 2100+ | 250+ |
| Trade Execution | Market | Market, Buy Stop, Stop Loss, Limit, Take Profit | Market, Pending | Market, Instant |
Conclusion and Final Words
InstaForex EU requires a minimum amount of 200 EUR (or equivalent) for the initial deposit and charges a monthly inactivity fee of 5 EUR after an inactive period of 6 months for an account.
The broker has received a trust score of 2.2/5, based on more than 20 user reviews on the ScamAdviser website.