XBTFX vs InstaForex - Fees Review included
Which broker is better XBTFX or InstaForex? Our expert assessment conducted according to TU’s own methodology showed that XBTFX is one of the top brokers in the financial market with the TU Overall Score of 6.7 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 | XBTFX | InstaForex |
---|---|---|
Overall |
3.7 |
4.5 |
1.2 |
4.5 |
|
4.2 |
3.5 |
|
3.9 |
4.6 |
|
Investment Instruments |
4.6 |
4.8 |
Platforms and Charting Tools |
4.7 |
4.4 |
Deposit and Withdrawal |
4.5 |
5 |
Research |
3.8 |
4.6 |
Education |
3.5 |
4.8 |
Support |
4.1 |
4.7 |
Bonuses |
2.4 |
5 |
|
|
XBTFX vs InstaForex: Pros and Cons
Established in 2019, XBTFX has been following its core goal to bridge the gap between the cryptocurrency market and brokerage companies. At the same time, the company runs its business based on the principles of high transparency and accessibility. XBTFX is a Cryptocurrency-based Forex and CFD provider that gives customers access to leveraged trading on digital assets and traditional financial markets.
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.
XBTFX | InstaForex | |
---|---|---|
Overall Pros | Crypto dposits | Regulated Forex Broker |
Big choice of supported crypto assets | 2500+ trading assets | |
Copy trading and MAM services for investors | 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 | unregulated broker | High spreads and trading fees |
Low exacution speed |
XBTFX vs InstaForex: Safety and Regulation
XBTFX | InstaForex | |
---|---|---|
Max. Regulation Level |
Tier-3 |
Tier-1 |
Investor protection |
No |
No |
FCA UK Regulation |
No |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
No |
BVI FSC |
No |
Yes |
VFSC |
No |
No |
FSA (Seychelles) |
Yes |
No |
XBTFX vs InstaForex: Trading Conditions
Trading Conditions | XBTFX | InstaForex |
---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
MT4, MT5, Webtrader, Mobile platforms |
MT4, MT5, InstaForex MultiTerminal |
Max Leverage (Futures) |
1-500 |
1:1000, 1:30 (for EU clients) |
Supported Markets |
FX, Commodities, CFDs, CryptoCurrency, Share CFD, Commodities, Metals |
Forex, CFDs on indices, commodities, crypto, metals, stocks |
Trading assets |
150+ |
2500+ |
Trading Accounts |
Standard, ECN |
Insta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica for international entity, ECN, ECN PRO, ECN VIP - For EU entity. |
Base Account Currencies |
BTC, ETH, XRP, USDT, USDC |
EUR, USD |
XBTFX vs InstaForex: Fees
XBTFX | InstaForex | |
---|---|---|
Standard acc. spread EUR/USD, min pips |
0,8 |
3 |
Standard acc. spread EUR/USD, max pips |
1,0 |
7 |
ECN Commission |
3,5 |
3 |
ECN Spread EUR/USD |
0,1 |
0,2 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
0,5-2 |
Withdrawal fee, USD |
No |
20-100 |
Inactivity fee, $ |
50 |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
XBTFX vs InstaForex: Trading Assets
Asset Name | XBTFX | InstaForex |
---|---|---|
Overall |
200+ |
2500+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes |
Yes (CFD) |
ETFs |
No |
Yes (CFD) |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
XBTFX or InstaForex: Investment Programs
Asset Name | XBTFX | InstaForex |
---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
Yes |
Yes |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: InstaForex or XBTFX
XBTFX | InstaForex | |
---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
InstaForex |
Others |
No |
No |
|
|
XBTFX vs InstaForex: Deposit and Withdrawal Methods
XBTFX | InstaForex | |
---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
No |
No |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
XBTFX vs InstaForex: Research
Research Type | XBTFX | InstaForex |
---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
Yes |
XBTFX vs InstaForex: Education
Education Type | XBTFX | InstaForex |
---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Cent account |
No |
Yes |
InstaForex vs XBTFX: Support
Support Features | XBTFX | InstaForex |
---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
Twitter, Facebook, Reddit |
Messendgers |
XBTFX vs InstaForex: Forex Bonuses and Promo
Promo | XBTFX | InstaForex |
---|---|---|
Forex Bonus |
No |
$1000 no deposit bonus |
Affiliate Program |
Earn up to 30% of what your referrals pay in trading fees |
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 XBTFX
-
Comment
When looking into XBTFX, I was drawn to the availability of PAMM accounts and copy trading features — this is important for those seeking passive income. I noticed that the company offers over 200 CFDs on currency pairs, stocks, cryptocurrencies, and metals. The minimum lot size is 0.01, and spreads on the ECN account start from 0.01 pips. Another advantage is that support is available 24/7 via call center and email, which is rare among similar brokers. The main downside is that the broker is regulated only by the FSA Seychelles, not a Tier-1 regulator.
-
Comment
I chose the broker XBTFX primarily because of the very low entry threshold — the minimum deposit is only $10, which allowed me to test trading without significant risks. As a beginner, I found it convenient to use the free demo account and the ability to work on MetaTrader 4, 5, and cTrader platforms. It’s great that the minimum spread on the EUR/USD pair starts from 0.1 pips. The downside is that all deposits and withdrawals are done through cryptocurrency wallets, with no fiat support.
-
Comment
For me, XBTFX is really the best company. Everything good that traders say about it is confirmed in practice. The broker offers excellent conditions for Forex trading: competitive spreads, fast order execution and high-quality support. I am especially pleased with the wide range of instruments and convenient platform, which allows you to focus on trading rather than on technical details. A worthy broker, which is pleasant to work with for both beginners and experienced traders. I am completely satisfied with the cooperation and I am sure that here you can achieve your goals.
-
Comment
The xbtfx company really impresses with its accessibility and simplicity. Even if you are new to the world of trading, it won't be difficult to master the platform. The interface is intuitive, allowing you to get right down to business. However, as in any type of trading, mastering the functionality alone is not enough - it is important to study the market and develop your strategy. In this respect, the company's consultants have been of great help to me. They are always ready to give useful advice and guide me in the right direction. At first my trades were not profitable, but over time I was able to develop my system and learn to predict trends. I am now making regular profits and I am sure that the right guidance and persistence played a key role in this process
-
Comment
If you are looking for a reliable broker for forex trading, xbtfx can be a great option. They offer minimal spreads, fast order execution and professional support that is always ready to help. To be honest, there is almost no need for support service - the platform is designed in such a way that even a beginner can easily understand it. The trading conditions are especially pleasing. Low spreads and stable execution of trades remain at the highest level even in periods of increased volatility, for example, during the news release. This allows traders to be sure that their strategies will work without unnecessary technical interference
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.