Binary.com vs InstaForex - Fees Review included
Which broker is better Binary.com or InstaForex? Our expert assessment conducted according to TU’s own methodology showed that Binary.com is one of the top brokers in the financial market with the TU Overall Score of 9.1 out of 10. InstaForex is one of the top brokers in the financial market with the TU Overall Score of 7.22 out of 10. Find out more about TU Overall Score.
| Feature | Binary.com | InstaForex |
|---|---|---|
Overall |
2.5 |
4.5 |
1.1 |
4.5 |
|
2.7 |
3.5 |
|
3.0 |
4.6 |
|
Investment Instruments |
1 |
4.8 |
Platforms and Charting Tools |
4.3 |
4.4 |
Deposit and Withdrawal |
4.1 |
5 |
Research |
1 |
4.6 |
Education |
1.3 |
4.8 |
Support |
3.8 |
4.7 |
Bonuses |
2.5 |
5 |
|
|
|
Binary.com vs InstaForex: Pros and Cons
Binary.com is one of the first brokers to offer binary options trading. The company was founded in 1999. Since then, despite the riskiness of options trading, it has not lost its popularity. However, the broker can trade not only binary instruments, but also currency pairs, cryptocurrencies, as well as raw materials, metals, stock, and synthetic indices, and futures. The Binary brokerage company is controlled by the regulators of Malta, Malaysia, Great Britain, and Vanuatu. This ensures the safety of traders' funds and the ability to resolve controversial issues quickly if any arise
InstaForex is an international company that has been providing services in the Forex currency market since 2007. Today, more than 7 million traders worldwide use the services of this broker. InstaForex offers its clients access to 300 trading instruments, such as PAMM Investment and ForexCopy system to copy trading of successful traders. The company’s activity is regulated by the British Virgin Islands Financial Services Commission (FSC) in accordance with the Securities and Investment Business Act. InstaForex has a reputation for responsible and professional trading practices. In 2016, the company received the UK Forex Best Social Broker Award, in 2018 was named the Best Forex Platform for Trading Cryptocurrency, and in 2019 Best Asian Broker and the Best Eastern European broker.
| Binary.com | InstaForex | |
|---|---|---|
| Overall Pros | The minimum amount for replenishing and opening a bid is $5 and $1, respectively | Regulated Forex Broker |
| The broker offers binary options and CFD trading services | 2500+ trading assets | |
| Unique tools: SmartCharts - Interactive charting tool, Binary Bot - Auto-trader programming tool | Individual online training | |
| Advances news and analytitc platforms | ||
| Free VPS service | ||
| High exacution speed | ||
| No deposit and withdrawal fees | ||
| Deposits in crypto | ||
| $1000 No deposit bonus (Only for international entety) | ||
| Overall Cons | Some clients have difficulties with the registration process | High spreads and trading fees |
| Sometimes technical support takes a long time to respond | Low exacution speed |
Binary.com vs InstaForex: Safety and Regulation
| Binary.com | InstaForex | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
|
Investor protection |
No |
|
FCA UK Regulation |
No |
|
FINRA (U.S) |
No |
|
BaFin (Germany) |
No |
|
ASIC (Australia) |
No |
|
CFTC (U.S) |
No |
|
MAS |
No |
|
FSCA SA |
No |
|
BVI FSC |
Yes |
|
VFSC |
No |
|
FSA (Seychelles) |
No |
Binary.com vs InstaForex: Trading Conditions
| Trading Conditions | Binary.com | InstaForex |
|---|---|---|
Minimum Deposit |
$5 |
$1 |
Trading Platforms |
МТ5, Deriv, SmartTrader, Tick Trade, WebTrader от Binary, Own binary platform |
MT4, MT5, InstaForex MultiTerminal |
Max Leverage (Futures) |
1 |
1:1000, 1:30 (for EU clients) |
Supported Markets |
Forex, Metalls, Energies, Indices, Cryptocurrencies, Syntetic Indices |
Forex, CFDs on indices, commodities, crypto, metals, stocks |
Trading assets |
100+ |
2500+ |
Trading Accounts |
Binary, Forex |
Insta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica for international entity, ECN, ECN PRO, ECN VIP - For EU entity. |
Base Account Currencies |
USD, EUR, GBP и AUD, BTC, ETH, LTC, BCH, UST |
EUR, USD |
Binary.com vs InstaForex: Fees
| Binary.com | InstaForex | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
3 |
|
Standard acc. spread EUR/USD, max pips |
7 |
|
ECN Commission |
3 |
|
ECN Spread EUR/USD |
0,2 |
|
Deposit fee, % |
No |
|
Withdrawal fee, % |
0,5-2 |
|
Withdrawal fee, USD |
20-100 |
|
Inactivity fee, $ |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Binary.com vs InstaForex: Trading Assets
| Asset Name | Binary.com | InstaForex |
|---|---|---|
Overall |
100+ |
2500+ |
Forex |
Yes |
Yes |
Stocks |
No |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
Yes (CFD) |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
Yes |
No |
Binary.com or InstaForex: Investment Programs
| Asset Name | Binary.com | InstaForex |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
Yes |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: InstaForex or Binary.com
| Binary.com | InstaForex | |
|---|---|---|
MT4 |
No |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
InstaForex |
Others |
Own binary options trading platform |
No |
|
|
|
Binary.com vs InstaForex: Deposit and Withdrawal Methods
| Binary.com | InstaForex | |
|---|---|---|
Bank Wire |
||
Bank Card |
||
Neteller |
||
BTC |
||
Wise |
||
Payoneer |
||
USDT |
Binary.com vs InstaForex: Research
| Research Type | Binary.com | InstaForex |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
No |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
Yes |
Binary.com vs InstaForex: Education
| Education Type | Binary.com | InstaForex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
No |
Yes |
Videos |
No |
Yes |
Cent account |
No |
Yes |
InstaForex vs Binary.com: Support
| Support Features | Binary.com | InstaForex |
|---|---|---|
Working Days |
24/7 |
24/5 |
No |
Yes |
|
Phone |
No |
Yes |
Online chat |
Yes |
Yes |
Other |
Social networks, messengers, feedback form |
Messendgers |
Binary.com vs InstaForex: Forex Bonuses and Promo
| Promo | Binary.com | InstaForex |
|---|---|---|
Forex Bonus |
No |
$1000 no deposit bonus |
Affiliate Program |
Two types of affiliate programs with a yield of up to 30-45% of the referral's income |
Yes |
Other Promos |
||
|
|
|
Top 5 Reviews on InstaForex
-
Comment
InstaForex offers over 2,500 trading instruments, including InstaSpot and InstaFutures—for those looking for unconventional assets. Over years of working with them, I haven’t encountered any critical outages, but it’s important to note that some products, like OYS accounts, are only available with a minimum investment of $1,000. Support is available within the terminal and responds quickly, though it can be quiet during nighttime hours.
-
Comment
For the first time, I came across a non-standard instrument called InstaFutures with a broker. So far, I’ve tested it on a demo account using MT5. I chose the Insta.Standard account — the spread is floating, around 1.2 pips. The minimum trade size is 0.01 lots. The partnership program is straightforward — commissions are paid out regularly, with transparent terms, especially for CPL and CPA. However, withdrawals via crypto wallets aren’t always fast.
-
Comment
I’ve been using the option to invest through the OYS portfolio under CySEC. The minimum is from $2000, with allocations across crypto, stocks, and indices. So far, everything is transparent, and the fees are clear. Trading is available via WebTrader, MT4, and MT5, which is convenient. No issues with withdrawals or verification. However, the dealing delay in copy trading—up to 15 seconds—is something to keep in mind.
-
Comment
Instaforex offers two main registration options — under FSC or CySEC. This choice affects both leverage (up to 1:1000 vs. 1:30) and spreads. There’s also a wide range of account types, from demo and standard to ECN and VIP. Support responds quickly, especially with straightforward inquiries. However, this broker may not suit those looking for fixed-income investments — there are no passive investment tools available.
-
Comment
I prefer to deal with InstaForex. Their web trader platforms are awesome, and I can trade in browsers with many advanced functions, which has brought me $750 in profit so far. I am satisfied with InstaForexso far. I am happy to make profitable orders, so I will continue trading with InstaForex.
Top 5 Reviews on Binary.com
-
Comment
Binary.com allows trading from any device: I used both the mobile version and desktop simultaneously. A strong advantage is the availability of cryptocurrency accounts and the option to deposit in BTC and ETH. I worked with Lookback options — an interesting tool for experienced traders. Trading contracts for difference are also available, offering more strategic opportunities. Over six months of use, I encountered two terminal outages, both resolved by support within a day.
-
Comment
I've been working with Binary.com since last year. Some advantages include a low minimum deposit of $5, support for multiple payment systems (Visa, Neteller, Fasapay, PayPal), and access via MT5 and Deriv Trader. Binary options allow trading with a minimum stake of $1, which is great for practice. Downsides include the absence of managed accounts and occasional delays in customer support responses, especially during evening hours. Overall, though, the platform is reliable, properly licensed, and verification was completed without any issues.
-
Comment
Binary.com has been operating since 1999—it’s one of the oldest brokers in the binary options market. I opened an account in euros and deposited €100 via Skrill; the funds were credited within a couple of minutes. There are seven asset types to choose from, including BTC, ETH, LTC, and currency pairs. I especially appreciate the convenient demo account—it allows you to test strategies without risk. The only thing missing is a cent account for more flexible trading with minimal volumes.
-
Comment
Binary.com offers an extensive affiliate program with bonuses of up to 45% of the broker’s net revenue. I registered as a partner and received $100 in commissions after my first active client made a $400 deposit. The platform also supports payouts for introducers and payment agents. On the downside, there have been withdrawal delays — I once waited 48 hours for a card withdrawal. However, the safety of funds held in segregated accounts is backed by official documentation.
-
Comment
Trading on the Deriv mt 5 is friendly considering how the interface is designed. A new trader cannot find it difficult to their way around considering the ease at which you identify trading tools and modify the trading background. You can change the background color from white to dark at a single click, change the color of candles and other chart symbols. Under the chart settings you include what you want on the chart screes like SL/TP levels etc.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.