Comparison of Alvexo and InstaForex
| Feature | Alvexo | InstaForex |
|---|---|---|
| Broker | ||
| Year Founded | 2014 | 2007 |
| Broker Type | STP | MM |
| Dealing | A-book | B-book |
| Execution | Market | Instant, Market |
| Regulation | SFSA | BVIFSC, CySEC, SVGFSA |
| Platforms | Alvexo WebTrader, Mobile | MetaTrader 4 (MT4), MetaTrader 5 (MT5), InstaForex |
| Spread | ⬈ High | ⬈ High |
| Maximum Leverage | 1:400 | 1:1000 |
| Minimum Deposit | $500 | $1 |
| Base Currencies | USD, EUR | USD, EUR, RUB |
| Funding Methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | 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 | Tiered up to $2 500/mo after 30 days idle | $10 per month after 3 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | 0-5% |
| Investor Protection | - | Investor Compensation Fund (ICF) |
| Protection Size | - | €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, Commodities, Cryptocurrencies, Bonds | Currencies, Indices, Stocks, ETFs, Metals, Energies, Soft Commodities, Cryptocurrencies |
| Review | Alvexo Review | InstaForex Review |
About Alvexo
Founded in 2014, Alvexo is a multi-asset CFD broker regulated by the Seychelles FSA. Traders get 450+ instruments across FX, stocks, indices, commodities and crypto, plus a proprietary WebTrader and full-featured mobile app. Four live account tiers (Classic to Elite) offer progressively tighter spreads and higher leverage. Education is a key focus: Alvexo Plus delivers daily signals, webinars and market commentary. Despite strong education and platform choice, entry costs are steep: the Classic account starts at $500 and spreads from 2.9 pips; meaningful price-quality improvements demand deposits of $10 000+. A $100 inactivity fee kicks in after one month, and overall pricing is less competitive than top-tier STP brokers.
Pros
- 450+ tradable instruments and multi-asset coverage
- Rich education and daily trading signals
Cons
- High minimum deposits for better pricing
- Wide spreads on Classic account
- Monthly inactivity fee after 1 month
- Offshore FSA licence
- No cent or PAMM/MAM accounts
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
Alvexo & InstaForex Regulation
| Feature | Alvexo | InstaForex |
|---|---|---|
Companies | HSN Capital Group Ltd | Instant Trading Ltd, Instant Trading EU Ltd, Insta Service Ltd, Insta Global Ltd |
Countries | Seychelles | British Virgin Islands, Cyprus, Saint Vincent and the Grenadines |
Regulators | SFSA | BVIFSC, CySEC, SVGFSA |
Investor Protection | - | Investor Compensation Fund (ICF) |
Investor Protection Size | - | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Alvexo
HSN Capital Group Ltd
InstaForex
Instant Trading Ltd, Instant Trading EU Ltd, Insta Service Ltd, Insta Global Ltd
Countries
Alvexo
Seychelles
InstaForex
British Virgin Islands, Cyprus, Saint Vincent and the Grenadines
Regulators
Alvexo
SFSA
InstaForex
BVIFSC, CySEC, SVGFSA
Investor Protection
Alvexo
-
InstaForex
Investor Compensation Fund (ICF)
Investor Protection Size
Alvexo
-
InstaForex
€20 000
Publicly Traded
Alvexo
InstaForex
Segregated Accounts
Alvexo
InstaForex
Guaranteed Stop Loss
Alvexo
InstaForex
Negative Balance Protection
Alvexo
InstaForex
Account Types
| Account | Alvexo | InstaForex |
|---|---|---|
Market Maker Account | ||
| Account Name | Classic | Eurica |
| Min Deposit | $500 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 2.9 | 0.1 |
| Fee | No | $6 per 1 lot |
| Max Leverage | 1:100 | 1:1000 |
| Stop Out | 40% | 10% |
| Margin Call | 75% | 30% |
STP Account | ||
| Account Name | Gold | — |
| Min Deposit | $10 000 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 2.2 | — |
| Fee | No | — |
| Max Leverage | 1:200 | — |
| Stop Out | 35% | — |
| Margin Call | 75% | — |
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 | ||
Market Maker Account
Account Name
Alvexo
Classic
InstaForex
Eurica
Min Deposit
Alvexo
$500
InstaForex
$1
Lot Size
Alvexo
0.01
InstaForex
0.01
Spread Type
Alvexo
Floating
InstaForex
Floating
Execution
Alvexo
Market
InstaForex
Market
Min Spread
Alvexo
2.9
InstaForex
0.1
Fee
Alvexo
No
InstaForex
$6 per 1 lot
Max Leverage
Alvexo
1:100
InstaForex
1:1000
Stop Out
Alvexo
40%
InstaForex
10%
Margin Call
Alvexo
75%
InstaForex
30%
STP Account
Account Name
Alvexo
Gold
InstaForex
—
Min Deposit
Alvexo
$10 000
InstaForex
—
Lot Size
Alvexo
0.01
InstaForex
—
Spread Type
Alvexo
Floating
InstaForex
—
Execution
Alvexo
Market
InstaForex
—
Min Spread
Alvexo
2.2
InstaForex
—
Fee
Alvexo
No
InstaForex
—
Max Leverage
Alvexo
1:200
InstaForex
—
Stop Out
Alvexo
35%
InstaForex
—
Margin Call
Alvexo
75%
InstaForex
—
Fix Spread Account
Account Name
Alvexo
—
InstaForex
Standard
Min Deposit
Alvexo
—
InstaForex
$1
Lot Size
Alvexo
—
InstaForex
0.01
Spread Type
Alvexo
—
InstaForex
Fixed
Execution
Alvexo
—
InstaForex
Instant
Min Spread
Alvexo
—
InstaForex
3
Fee
Alvexo
—
InstaForex
No
Max Leverage
Alvexo
—
InstaForex
1:1000
Stop Out
Alvexo
—
InstaForex
10%
Margin Call
Alvexo
—
InstaForex
30%
Cent Account
Account Name
Alvexo
—
InstaForex
Cent
Min Deposit
Alvexo
—
InstaForex
$1
Lot Size
Alvexo
—
InstaForex
0.01
Spread Type
Alvexo
—
InstaForex
Floating
Execution
Alvexo
—
InstaForex
Instant
Min Spread
Alvexo
—
InstaForex
3
Fee
Alvexo
—
InstaForex
No
Max Leverage
Alvexo
—
InstaForex
1:1000
Stop Out
Alvexo
—
InstaForex
10%
Margin Call
Alvexo
—
InstaForex
30%
Additional Features
Demo Account
Alvexo
InstaForex
VIP Account
Alvexo
InstaForex
Swap-Free Account
Alvexo
InstaForex
Copy Trading
Alvexo
InstaForex
VPS
Alvexo
InstaForex
PAMM/MAM Accounts
Alvexo
InstaForex
Funding and Fees
| Feature | Alvexo | InstaForex |
|---|---|---|
Base currencies | USD, EUR | USD, EUR, RUB |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | 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 | Tiered up to $2 500/mo after 30 days idle | $10 per month after 3 months |
Interest on margin | ||
Withdrawal fee | 0-5% |
Base currencies
Alvexo
USD, EUR
InstaForex
USD, EUR, RUB
Deposit and withdrawal methods
Alvexo
Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill
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
Alvexo
Tiered up to $2 500/mo after 30 days idle
InstaForex
$10 per month after 3 months
Interest on margin
Alvexo
InstaForex
Withdrawal fee
Alvexo
InstaForex
0-5%
Trading Platforms and Conditions
| Feature | Alvexo | InstaForex |
|---|---|---|
Trading Platforms | Alvexo WebTrader, Mobile | MetaTrader 4 (MT4), MetaTrader 5 (MT5), InstaForex |
Execution Speed | - | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | high |
Trading Platforms
Alvexo
Alvexo WebTrader, Mobile
InstaForex
MetaTrader 4 (MT4), MetaTrader 5 (MT5), InstaForex
Execution Speed
Alvexo
-
InstaForex
-
Scalping
Alvexo
InstaForex
Expert Advisors (EAs)
Alvexo
InstaForex
Depth of Market (DOM)
Alvexo
InstaForex
Spread
Alvexo
high
InstaForex
high
Trading Assets
| Asset | Alvexo | InstaForex |
|---|---|---|
Currencies | 58 | 108 |
Indices | 15 | 21 |
Stocks | 330 | 1448 |
Cryptocurrencies | 22 | 72 |
Bonds | 2 | 0 |
Metals | 5 | 8 |
Energies | 5 | 6 |
Soft Commodities | 4 | 13 |
ETFs | 12 | 67 |
Currencies
Alvexo
58
InstaForex
108
Indices
Alvexo
15
InstaForex
21
Stocks
Alvexo
330
InstaForex
1448
Cryptocurrencies
Alvexo
22
InstaForex
72
Bonds
Alvexo
2
InstaForex
0
Metals
Alvexo
5
InstaForex
8
Energies
Alvexo
5
InstaForex
6
Soft Commodities
Alvexo
4
InstaForex
13
ETFs
Alvexo
12
InstaForex
67
Education and Analytics
| Feature | Alvexo | InstaForex |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Alvexo
InstaForex
Indicators
Alvexo
InstaForex
Robots
Alvexo
InstaForex
Signals
Alvexo
InstaForex
Autochartist
Alvexo
InstaForex
Expert Analytics
Alvexo
InstaForex
News Feed
Alvexo
InstaForex
Education Articles
Alvexo
InstaForex
Webinars
Alvexo
InstaForex
Seminars
Alvexo
InstaForex
Bonuses
| Bonus | Alvexo | 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
Alvexo
InstaForex
Size
Alvexo
—
InstaForex
100%, up to $2,000
Details
Alvexo
—
InstaForex
No Deposit Bonus
Is available
Alvexo
InstaForex
Size
Alvexo
—
InstaForex
$1000
Details
Alvexo
—
InstaForex
Contests
| Feature | Alvexo | InstaForex |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List | — |
|
Demo Contests
Is available
Alvexo
InstaForex
Contests List
Alvexo
—
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 | Alvexo | InstaForex |
|---|---|---|
Email | support@alvexo.com | support@mail.instaforex.com |
Phone | +41449746327 | +35725654112 |
Facebook | — | |
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter |
Email
Alvexo
InstaForex
Phone
Alvexo
InstaForex
Facebook
Alvexo
InstaForex
—
LinkedIn
Alvexo
InstaForex
—
Instagram
Alvexo
InstaForex
—
Which Broker is Better?
After comparing Alvexo and InstaForex, InstaForex 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.