Comparison of Alpari and InstaForex
| Feature | Alpari | InstaForex |
|---|---|---|
| Broker | ||
| Year Founded | 1998 | 2007 |
| Broker Type | ECN, MM | MM |
| Dealing | A-book, B-book | B-book |
| Execution | Market | Instant, Market |
| Regulation | MISA, NBRB | BVIFSC, CySEC, SVGFSA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), InstaForex |
| Spread | ⮕ Average | ⬈ High |
| Maximum Leverage | 1:3000 | 1:1000 |
| Minimum Deposit | $50 | $1 |
| Base Currencies | USD, EUR | USD, EUR, RUB |
| Funding Methods | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, Wallet One, Volet.com, VLoad, TC Pay, Perfect Money, Tether (USDT) Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC) | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, YooMoney, PayCo, AstroPay, Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA), Dash (DASH), Dogecoin (DOGE), Binance Coin (BNB), EOS (EOS), XRP (XRP), NEO (NEO) |
| Inactivity Fee | $5 per month after 6 months | $10 per month after 3 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | 0-5% |
| Investor Protection | Financialcommission.org | Investor Compensation Fund (ICF) |
| Protection Size | €20 000 | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✖ | ✔ |
| VPS | ✖ | ✔ |
| MAM/PAMM | ✔ | ✔ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✖ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, ETFs, Metals, Energies, Soft Commodities, Cryptocurrencies |
| Review | Alpari Review | InstaForex Review |
About Alpari
Alpari is one of the most established names in the Forex trading world, with a history dating back to 1998. The broker has built a solid reputation, particularly among traders in emerging markets, for offering a broad range of financial instruments and account types that cater to both beginners and experienced traders. Alpari provides access to Forex, commodities, indices, and cryptocurrencies, with platform options including MetaTrader 4 and MetaTrader 5, two of the most popular trading platforms globally. The broker also offers social trading features, allowing clients to copy the strategies of more experienced traders. With a long track record and diverse offerings, Alpari aims to deliver flexibility and convenience. Additionally, Alpari offers multiple deposit and withdrawal methods, which is a major advantage for traders worldwide. However, it is important to note that while Alpari has a strong presence in many regions, it is not regulated by top-tier authorities, which may be a concern for some traders. Despite this, Alpari maintains a significant customer base and continues to attract clients with its competitive spreads and educational resources.
Pros
- Established broker with over two decades of experience in the industry
- Provides MetaTrader 4 and MetaTrader 5 platforms
- Offers a PAMM feature for those interested in investing
- Comprehensive research and educational resources
- Competitive spreads and flexible leverage options
- Multiple payment methods for deposits and withdrawals
Cons
- Lack of regulation from top-tier financial authorities
- Customer support quality may vary depending on the region
- No proprietary trading platform available
About InstaForex
InstaForex is a globally recognized forex broker established in 2007, offering a comprehensive range of trading services to both novice and experienced traders. Renowned for its user-friendly trading platforms, including MetaTrader 4 and its proprietary InstaForex platform, the broker provides access to a wide array of financial instruments such as currency pairs, commodities, indices, and cryptocurrencies. InstaForex distinguishes itself with competitive spreads, various account types tailored to different trading needs, and robust customer support available in multiple languages. Additionally, the broker offers educational resources and promotional bonuses, making it an attractive choice for traders seeking both flexibility and support in their trading endeavors.
Pros
- Access to numerous currency pairs, commodities, indices, cryptocurrencies, and more
- Availability of MetaTrader 4, MetaTrader 5, and the proprietary InstaForex platform
- Various account options catering to different trading styles and experience levels
- Comprehensive materials including webinars, tutorials, and articles to aid trader education
- Customer service available in several languages to accommodate a diverse client base
- Regular bonuses and incentives for both new and existing clients
Cons
- Certain withdrawal methods may incur additional fees, affecting overall trading costs
- Charges may apply for dormant accounts, which can be a drawback for less active traders
Alpari & InstaForex Regulation
| Feature | Alpari | InstaForex |
|---|---|---|
Companies | Alpari (Comoros) Ltd, Alpari Eurasia LLC | Instant Trading Ltd, Instant Trading EU Ltd, Insta Service Ltd, Insta Global Ltd |
Countries | Comoros, Belarus | British Virgin Islands, Cyprus, Saint Vincent and the Grenadines |
Regulators | MISA, NBRB | BVIFSC, CySEC, SVGFSA |
Investor Protection | Financialcommission.org | Investor Compensation Fund (ICF) |
Investor Protection Size | €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Alpari
Alpari (Comoros) Ltd, Alpari Eurasia LLC
InstaForex
Instant Trading Ltd, Instant Trading EU Ltd, Insta Service Ltd, Insta Global Ltd
Countries
Alpari
Comoros, Belarus
InstaForex
British Virgin Islands, Cyprus, Saint Vincent and the Grenadines
Regulators
Alpari
MISA, NBRB
InstaForex
BVIFSC, CySEC, SVGFSA
Investor Protection
Alpari
Financialcommission.org
InstaForex
Investor Compensation Fund (ICF)
Investor Protection Size
Alpari
€20 000
InstaForex
€20 000
Publicly Traded
Alpari
InstaForex
Segregated Accounts
Alpari
InstaForex
Guaranteed Stop Loss
Alpari
InstaForex
Negative Balance Protection
Alpari
InstaForex
Account Types
| Account | Alpari | InstaForex |
|---|---|---|
Market Maker Account | ||
| Account Name | Standard | Eurica |
| Min Deposit | $50 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.3 | 0.1 |
| Fee | No | $6 per 1 lot |
| Max Leverage | 1:1000 | 1:1000 |
| Stop Out | 20% | 10% |
| Margin Call | 50% | 30% |
ECN Account | ||
| Account Name | ECN | — |
| Min Deposit | $300 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.1 | — |
| Fee | $5 per 1 lot | — |
| Max Leverage | 1:3000 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
Fix Spread Account | ||
| Account Name | — | Standard |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Fixed |
| Execution | — | Instant |
| Min Spread | — | 3 |
| Fee | — | No |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 10% |
| Margin Call | — | 30% |
Cent Account | ||
| Account Name | — | Cent |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Instant |
| Min Spread | — | 3 |
| Fee | — | No |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 10% |
| Margin Call | — | 30% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | Fix-Contracts | — |
| Minimum Deposit | $50 | — |
| Option Types | Call/Put, Touch, Range, Spread, Turbo, Express | — |
| Minimum Stake | $1 | — |
| Payout | from 40% to 95% | — |
| Expiration Time | from 5 seconds to 1 day | — |
Market Maker Account
Account Name
Alpari
Standard
InstaForex
Eurica
Min Deposit
Alpari
$50
InstaForex
$1
Lot Size
Alpari
0.01
InstaForex
0.01
Spread Type
Alpari
Floating
InstaForex
Floating
Execution
Alpari
Market
InstaForex
Market
Min Spread
Alpari
0.3
InstaForex
0.1
Fee
Alpari
No
InstaForex
$6 per 1 lot
Max Leverage
Alpari
1:1000
InstaForex
1:1000
Stop Out
Alpari
20%
InstaForex
10%
Margin Call
Alpari
50%
InstaForex
30%
ECN Account
Account Name
Alpari
ECN
InstaForex
—
Min Deposit
Alpari
$300
InstaForex
—
Lot Size
Alpari
0.01
InstaForex
—
Spread Type
Alpari
Floating
InstaForex
—
Execution
Alpari
Market
InstaForex
—
Min Spread
Alpari
0.1
InstaForex
—
Fee
Alpari
$5 per 1 lot
InstaForex
—
Max Leverage
Alpari
1:3000
InstaForex
—
Stop Out
Alpari
50%
InstaForex
—
Margin Call
Alpari
80%
InstaForex
—
Fix Spread Account
Account Name
Alpari
—
InstaForex
Standard
Min Deposit
Alpari
—
InstaForex
$1
Lot Size
Alpari
—
InstaForex
0.01
Spread Type
Alpari
—
InstaForex
Fixed
Execution
Alpari
—
InstaForex
Instant
Min Spread
Alpari
—
InstaForex
3
Fee
Alpari
—
InstaForex
No
Max Leverage
Alpari
—
InstaForex
1:1000
Stop Out
Alpari
—
InstaForex
10%
Margin Call
Alpari
—
InstaForex
30%
Cent Account
Account Name
Alpari
—
InstaForex
Cent
Min Deposit
Alpari
—
InstaForex
$1
Lot Size
Alpari
—
InstaForex
0.01
Spread Type
Alpari
—
InstaForex
Floating
Execution
Alpari
—
InstaForex
Instant
Min Spread
Alpari
—
InstaForex
3
Fee
Alpari
—
InstaForex
No
Max Leverage
Alpari
—
InstaForex
1:1000
Stop Out
Alpari
—
InstaForex
10%
Margin Call
Alpari
—
InstaForex
30%
Additional Features
Demo Account
Alpari
InstaForex
VIP Account
Alpari
InstaForex
Swap-Free Account
Alpari
InstaForex
Copy Trading
Alpari
InstaForex
VPS
Alpari
InstaForex
PAMM/MAM Accounts
Alpari
InstaForex
Binary Options
Account
Alpari
Fix-Contracts
InstaForex
—
Minimum Deposit
Alpari
$50
InstaForex
—
Option Types
Alpari
Call/Put, Touch, Range, Spread, Turbo, Express
InstaForex
—
Minimum Stake
Alpari
$1
InstaForex
—
Payout
Alpari
from 40% to 95%
InstaForex
—
Expiration Time
Alpari
from 5 seconds to 1 day
InstaForex
—
Funding and Fees
| Feature | Alpari | InstaForex |
|---|---|---|
Base currencies | USD, EUR | USD, EUR, RUB |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, Wallet One, Volet.com, VLoad, TC Pay, Perfect Money, Tether (USDT) Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC) | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, YooMoney, PayCo, AstroPay, Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA), Dash (DASH), Dogecoin (DOGE), Binance Coin (BNB), EOS (EOS), XRP (XRP), NEO (NEO) |
Inactivity fee | $5 per month after 6 months | $10 per month after 3 months |
Interest on margin | ||
Withdrawal fee | 0-5% |
Base currencies
Alpari
USD, EUR
InstaForex
USD, EUR, RUB
Deposit and withdrawal methods
Alpari
Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, Wallet One, Volet.com, VLoad, TC Pay, Perfect Money, Tether (USDT) Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC)
InstaForex
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, YooMoney, PayCo, AstroPay, Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA), Dash (DASH), Dogecoin (DOGE), Binance Coin (BNB), EOS (EOS), XRP (XRP), NEO (NEO)
Inactivity fee
Alpari
$5 per month after 6 months
InstaForex
$10 per month after 3 months
Interest on margin
Alpari
InstaForex
Withdrawal fee
Alpari
InstaForex
0-5%
Trading Platforms and Conditions
| Feature | Alpari | InstaForex |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), InstaForex |
Execution Speed | 0.1 ms | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | average | high |
Trading Platforms
Alpari
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
InstaForex
MetaTrader 4 (MT4), MetaTrader 5 (MT5), InstaForex
Execution Speed
Alpari
0.1 ms
InstaForex
-
Scalping
Alpari
InstaForex
Expert Advisors (EAs)
Alpari
InstaForex
Depth of Market (DOM)
Alpari
InstaForex
Spread
Alpari
average
InstaForex
high
Trading Assets
| Asset | Alpari | InstaForex |
|---|---|---|
Currencies | 46 | 108 |
Indices | 12 | 21 |
Stocks | 631 | 1448 |
Cryptocurrencies | 9 | 72 |
Bonds | 0 | 0 |
Metals | 2 | 8 |
Energies | 3 | 6 |
Soft Commodities | 0 | 13 |
ETFs | 0 | 67 |
Currencies
Alpari
46
InstaForex
108
Indices
Alpari
12
InstaForex
21
Stocks
Alpari
631
InstaForex
1448
Cryptocurrencies
Alpari
9
InstaForex
72
Bonds
Alpari
0
InstaForex
0
Metals
Alpari
2
InstaForex
8
Energies
Alpari
3
InstaForex
6
Soft Commodities
Alpari
0
InstaForex
13
ETFs
Alpari
0
InstaForex
67
Education and Analytics
| Feature | Alpari | InstaForex |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Alpari
InstaForex
Indicators
Alpari
InstaForex
Robots
Alpari
InstaForex
Signals
Alpari
InstaForex
Autochartist
Alpari
InstaForex
Expert Analytics
Alpari
InstaForex
News Feed
Alpari
InstaForex
Education Articles
Alpari
InstaForex
Webinars
Alpari
InstaForex
Seminars
Alpari
InstaForex
Bonuses
| Bonus | Alpari | InstaForex |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | — | 100%, up to $2,000 |
| Details | — | Learn More |
| No Deposit Bonus | ||
| Is available | ||
| Size | — | $1000 |
| Details | — | Learn More |
Welcome Bonus
Is available
Alpari
InstaForex
Size
Alpari
—
InstaForex
100%, up to $2,000
Details
Alpari
—
InstaForex
No Deposit Bonus
Is available
Alpari
InstaForex
Size
Alpari
—
InstaForex
$1000
Details
Alpari
—
InstaForex
Contests
| Feature | Alpari | InstaForex |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List | — |
|
Demo Contests
Is available
Alpari
InstaForex
Contests List
Alpari
—
InstaForex
- Great RaceStart Balance: $100000 · Prize Pool: $55000 · Period: MonthlyLearn More
- SniperStart Balance: $10000 · Prize Pool: $1500 · Period: WeeklyLearn More
- FX-1 RallyStart Balance: $40,000 · Prize Pool: $1500 · Period: WeeklyLearn More
- Lucky TraderStart Balance: $30,000 · Prize Pool: $3,000 · Period: Every 2 WeeksLearn More
- Real ScalpingStart Balance: $20,000 · Prize Pool: $6,000 · Period: MonthlyLearn More
Customer Support
| Contact | Alpari | InstaForex |
|---|---|---|
Email | support@alpari.im | support@mail.instaforex.com |
Phone | +44 2045 771951 | +35725654112 |
Facebook | — | |
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter | — |
Email
Alpari
InstaForex
Phone
Alpari
InstaForex
Facebook
Alpari
InstaForex
—
Instagram
Alpari
InstaForex
—
Twitter
Alpari
—
InstaForex
Which Broker is Better?
After comparing Alpari and InstaForex, Alpari comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.