InstaForex
IronFX
VS
Higher Rated
IronFX
Capital at risk · T&Cs apply
In the competitive landscape of online trading, InstaForex and IronFX stand out with distinct offerings tailored to different trader profiles. InstaForex, with its low minimum deposit of just $1 and extensive range of over 300 trading instruments, appeals to novice traders and those in the CIS and Asia seeking a cost-effective entry point. In contrast, IronFX, known for its strong regulatory framework across four jurisdictions and competitive raw spreads, attracts more experienced traders, particularly in Africa and the Middle East, who prioritise regulatory assurance and a broad selection of 500+ instruments. The key difference lies in their regulatory status and market availability, making IronFX a more globally accessible choice compared to the Russian-affiliated InstaForex.
InstaForex
IronFX
| InstaForex | IronFX | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.7/5 ✓ |
| Min. Deposit | $1 ✓ | $100 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:1000 | 1:1000 |
| Regulation | CySEC, FSA | CySEC, FCA, ASIC ✓ |
| Platforms | MT4, MT5, Proprietary Mobile | MT4, MT5 |
IronFX is the better choice overall, scoring 3.7/5 vs 3.6/5 on BrokerRank's independent rating. On fees, InstaForex offers lower spreads (0 pips).
See full side-by-side comparison belowInstaForex
IronFX
InstaForex
Lower feesIronFX
InstaForex
3.6/5
Choose InstaForex if you want…
IronFX
3.7/5
Choose IronFX if you want…
IronFX scores higher overall on our independent rating system. InstaForex holds a 3.6/5 rating vs IronFX's 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
InstaForex offers spreads from 0 pips, while IronFX starts at 0 pips. Check the fees section above for a full breakdown.
InstaForex requires a minimum deposit of $1. IronFX requires $100.
InstaForex is regulated by CySEC, FSA, while IronFX holds licences from CySEC, FCA, ASIC, FSCA.
InstaForex supports MT4, MT5, Proprietary Mobile. IronFX supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.