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InstaForex Review

4.7/5 - (12 votes)
AvaTrade Review

Updated : May 22, 2025

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Overall Rating

Min Deposit

USD 1/59 PHP

Regulators

CySEC, FSC

Trading Desk

MT4

Crypto

Yes

Total Pairs

4

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Overview

 

InstaForex Review

 

InstaForex is a global broker that offers access to various trading markets, including forex, ECN, derivatives, and commodities. The broker has offices in different regions across the globe. Our research indicates that InstaForex is an excellent option for traders based in the Philippines.

InstaForex has been in operation since 2007 and was founded in Russia. Today, the broker is based in Cyprus and thus falls under the stringent regulations of CySEC.

The broker’s dedication to customizing their services for different regions, such as the Philippines, stands out. With a GDP of US$435.7 billion, the Philippines is important enough to extend its services.

The Philippines is seeing a massive transition from agriculture to services and industry, positioning itself as the world’s 34th biggest economy. Filipino traders can exploit the country’s booming economy through InstaForex through profitable pricing and strong trade platforms.

InstaForex caters to seasoned traders and beginners, reflecting the country’s diverse economy, encompassing traditional agriculture and rapidly expanding industries.

Furthermore, the broker is regulated by multiple reputable financial authorities, including the Financial Services Commission (FSC) under the Securities and Investment Business Act (SIBA), the British Virgin Islands (BVI), FSA SVG, and FCA.

The broker provides various services for investing funds in international financial markets, including forex pairs CFDs on stocks, commodities, and indices. With its competitive trading conditions and extensive client base, it’s no wonder that InstaForex is considered a market leader.

Traders have the flexibility to choose from a wide range of leverage options, allowing them to manage their risk effectively. In addition, it provides competitive spreads and a minimal deposit requirement.

InstaForex was among the pioneers in allowing trading in CFDs and Bitcoin on popular social media platforms such as Facebook and X.

The broker goes above and beyond to improve customers’ trading experiences by providing various benefits, including a generous 30% bonus and exciting contests.

InstaForex offers a wide range of options to cater to different trading preferences. In addition, their commitment to providing swap-free accounts aligned with Islamic trading principles is a considerate acknowledgment of the Philippines’ position as Islam is the second-largest religion in the Philippines.

The broker’s dedication to the Filipino community is reflected in its customer support, available in multiple languages to ensure that traders always receive the help they need.

Finally, the fact that InstaForex has set up shop in the Philippines demonstrates how significant the country is becoming as a forex trading hub on a worldwide scale. For foreign exchange traders seeking to take advantage of new market opportunities, the Philippines is an important participant in the Asia-Pacific region because of its dynamic economy, bolstered by its strategic partnerships and abundant natural resources.

 

 

InstaForex, founded in Russia in 2007, has a big worldwide reach and tailors its services to places like the Philippines, which has a sizable market with a GDP of $1.476 trillion.

InstaForex provides swap-free accounts that adhere to Islamic trading standards, taking into account the Philippines’ status as the world’s most populous Muslim-majority country.

At a Glance

🔢 Established Year2007
⌛Regulation and LicensesBVI FSC, CySEC, FSA SVG, FCA
5️⃣Ease of Use Rating5/5
🎁Bonuses✅ Yes, 100% bonus, 55% bonus, 30% bonus, Club Bonus, No-Deposit Bonus
⏰Support Hours24/5
📊Trading PlatformsMetaTrader 4, MetaTrader 5, WebIFX, InstaForex Multi-Terminal, InstaForex WebTrader, InstaTick Trader, InstaForex MobileTrader
🗂️Account TypesInsta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica
💵Base CurrenciesUSD, EUR
✏️SpreadsFrom 0.0 pips
⬆️LeverageUp to 1:1000
➡️Currency Pairs110; minor, major, and exotic pairs
💴Minimum Deposit59 PHP ($1)
💷Inactivity Fee✅ Yes, 5 EUR after 3 months of inactivity
🗣️Website LanguagesEnglish, French, Malay, Dutch, Italian, German, Simplified Chinese, Slovakian, Polish, Vietnamese, Portuguese, Spanish, Romanian, and more.
💶Fees and CommissionsSpreads from 0.0 pips, commissions from 0.3%
🤝Affiliate Program✅ Yes
❌Banned CountriesThe United States
✴️Scalping✅ Yes
✳️Hedging✅ Yes
🛢️Trading InstrumentsForex, shares, indices, precious metals, energies, commodity futures, cryptocurrencies, InstaFutures
🚀Open an Account👉 Click Here

Regulation and Safety of Funds

 

InstaForex Regulation and Safety of Funds

 

Regulation in the Philippines

Bangko Sentral NG Pilipinas or BSP does not regulate InstaForex. However, InstaForex’s global regulations are listed in the table below.

 

Global Regulations

🔍Registered Entity🌎Country of Registration🔢 Registration Number⌛Regulatory Entity📊Tier✏️License Number/Ref
🥇Instant Trading EU LtdUnited KingdomN/AFCA1728735
🥈Insta Trading EU LtdCyprus266937CySEC2266/15
🥉Instant Trading LtdBritish Virgin IslandsN/ABVI FSC3SIBA/L/14/1082
🏆Insta Global LtdSaint Vincent and the GrenadinesN/ASVG FSA322945 and 24321

 

Protection of Client Funds

🔍Security Measureℹ️ Information
🗂️Segregated Accounts✅ Yes
👤Compensation Fund MemberNone
💵Compensation AmountNone
🎓SSL Certificate✅ Yes
2️⃣2FA (Where Applicable)✅ Yes
⛔Privacy Policy in Place✅ Yes
⚠️Risk Warning Provided✅ Yes
❌Negative Balance Protection✅ Yes
🛑 Guaranteed Stop-Loss OrdersNone

InstaForex serves over seven million clients globally, indicating its broad reach and popularity among traders.

Although InstaForex is not regulated locally in the Philippines, the broker is registered worldwide, and its brand and trademark are in many countries. It is strictly regulated through BVI FSC, CySEC, FSA SVG and FCA.

Awards and Recognition

InstaForex Awards and Recognition

Our research into InstaForex showed that the broker has received numerous awards since its inception. Below, we list the most recent awards:

✅“Best Broker in Asia” awarded by ShowFX World.

✅“Best Customer Service Broker” awarded by the International Business Magazine.

✅“Top Broker in Asia,” awarded by AtoZ Markets.

✅“Best ECN Broker,” awarded by Shares Magazine.

✅“Most Popular Forex Broker,” awarded at the Smart Vision Investment Expo.

✅“Most Innovative Broker,” awarded by World Finance.

✅“Best Forex Broker,” received at the Forex Traders Summit in Dubai.

✅“Most Reliable Forex Broker of the Year Global.”

Account Types

🔍Account Types💴Minimum Deposit🚀Open an Account⬆️Leverage📊Platforms
🥇Insta.Standard59 PHP ($1)👉 Click Here1:1000All
🥈Insta.Eurica59 PHP ($1)👉 Click Here1:1000All
🥉Cent.Standard59 PHP ($1)👉 Click Here1:1000All
🏆Cent.Eurica59 PHP ($1)👉 Click Here1:1000All

Demo Account

InstaForex Demo Account

InstaForex’s demo account allows novice and professional traders in the Philippines to trade without risks. The broker provides an impressive range of virtual funds on their website, from $5,000 to $1,500,000.

Another advantage is that the demo account does not expire. To get started, you’ll need to download the MT4 or MT5 platform, complete the registration process, and then you can begin trading.

With the demo account, you can access all the features of the account you want to practice on. It can be easily set up on any live account type, making it a valuable resource for Filipino traders.

Insta.Standard Account

InstaForex Insta.Standard Account

The Insta.Standard account is the most common option for traders in the Philippines through the broker. Its features are designed to accommodate traders of all levels, particularly supporting beginner traders.

This account operates without fees and can be used for regular trading conditions on the Forex market. One of the main advantages of this type of account is its flexibility, allowing Filipino traders to easily adjust the trading leverage and choose a deposit amount that best suits their needs.

With a minimum deposit of only 59 PHP ($1) and no commission charges, it is accessible to all Filipino traders.

Insta.Eurica Account

InstaForex Insta.Eurica Account

This account type is ideal for beginner and frequent Filipino traders as they do not need to worry about spreads.

For most currency pairs of the Insta.Eurica account type, there is no need to pay a spread when opening a trade since it has zero spreads, resulting in the BID price always being equal to the ASK price.

In addition to providing a simplified trading system for beginners, Insta.Eurica accounts are also suitable for professional traders due to their identical trade characteristics to Insta.Standard account option.

Filipino traders can enjoy a maximum leverage of 1:1000, a minimum deposit requirement of 59 PHP ($1), and commission charges of 0.03%- 0.07% per round lot.

Cent.Standard Account

InstaForex Cent.Standard Account

The Cent.Standard account is designed for beginner traders with a minimum deposit of only 59 PHP ($1). Because micro-lots are permitted for trading, Filipino traders can experiment with their strategies with less risk and still enjoy all the advantages of a traditional account.

The Cent.Standard account operates on a conventional spread-based pricing mechanism with a spread between 3 and 7 pips with no commissions.

Cent.Eurica Account

InstaForex Cent.Eurica Account

This account type is ideal for Filipinos looking to learn the ins and outs of trading without the complications of spreads. It combines the features of the Insta.Eurica and Cent.Standard accounts.

It also has a low minimum deposit requirement and micro-lot trading. Because it streamlines trade execution and technical analysis, the zero-spread option is perfect for novices and those who prefer a commission-based pricing model.

Islamic Account

As Islam is the second-largest religion in the Philippines, InstaForex’s offering of an Islamic account type is noteworthy.

It is a great choice for Muslims who want to invest in the currency market without breaking any Sharia laws. It is available on all four active account types. Muslim traders in the Philippines are welcome to use any account they like, benefiting from its features and trading conditions.

There are no differences in trading conditions and trading instruments. Trading on a demo account is identical to live trading, except unavailability of deposit and withdrawal options for demo accounts, and you trade with virtual funds.

The Insta.Eurica account includes a zero-spread functionality on various currency pairings, allowing regular traders to focus on a strategy without the extra complication of spread computations.

How to Open an Account Step-by-Step

Filipino traders can easily register a live trading account with InstaForex by following these steps:

Step 1: Go to the official website and click on “Instant Account Opening.”

InstaForex Open Account Step 1

Step 2: Complete the online registration form

InstaForex Open Account Step 2

Step 3: Wait for confirmation from InstaForex

InstaForex will request additional documents as proof of your identity and proof of your residential address. Filipino traders must supply their PhilSys ID, the Philippine Identification Card (PhilID), and proof of residence.

As soon as InstaForex accepts your registration, you will receive an acceptance email. Now, you can sign in to your InstaForex account, deposit funds through your payment method of choice, and start trading.

InstaForex normally confirms new accounts within one to two business days after receiving the necessary documents.

InstaForex offers a straightforward registration procedure with clear instructions and support, allowing new Filipino traders to begin their trading journey effortlessly.

Overall Rating

Min Deposit

USD 1/59 PHP

Regulators

CySEC, FSC

Trading Desk

MT4

Crypto

Yes

Total Pairs

4

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Trading Platforms and Software

InstaForex Trading Platforms and Software

InstaForex offers Filipino traders the following Trading Platforms:

➡️MetaTrader 4

➡️MetaTrader 5

➡️InstaForex Multi-Terminal

➡️InstaForex WebTrader

➡️InstaTick Trader

➡️InstaForex MobileTrader

➡️WebIFX

➡️IntaForex Web API

MetaTrader 4

InstaForex MetaTrader 4

MetaTrader 4 is widely recognized as the most preferred trading platform among investors and traders. It provides diverse features and tools to assist users in analyzing the financial markets and carrying out trades.

This platform’s wide range of indicators, automated trading options, and advanced charting tools cater to the needs of both beginners and experienced traders in the Philippines’ diverse trading community.

MetaTrader 5

InstaForex MetaTrader 5

MetaTrader 5’s improved speed and hedging capabilities make it a great fit for the Philippines’ dynamic and fast-paced trading environment.

MetaTrader 5 is a popular trading platform used by many investors and traders. An expanded selection of order types and a convenient built-in economic calendar enhance traders’ functionality.

Filipino traders seeking to broaden their investment portfolio will be drawn to the wide range of trading products available, including commodities, equities, and currency.

This platform could be especially advantageous for Filipino traders who closely monitor global economic developments and their potential impact on the Philippine Peso.

InstaForex Multi-Terminal

InstaForex Multi-Terminal

The InstaForex Multi-Terminal is a robust tool for traders who handle multiple accounts simultaneously. This could be especially advantageous for Filipino fund managers managing diverse client portfolios.

Filipino traders who like to manage many accounts will particularly benefit from InstaForex Multi-Terminal, especially in a country where more and more Filipinos are actively participating in the financial markets.

InstaForex WebTrader

InstaForex WebTrader

This platform is a valuable resource for Filipino traders who prefer to trade from various locations or do not wish to install specialized trading software on their devices.

You don’t need to download or install anything to access the powerful web-based trading solution InstaForex WebTrader provides.

With its intuitive interface, traders can easily navigate a wide range of trading instruments and stay informed with real-time quotes, ensuring they are always up-to-date with the financial market.

InstaTick Trader

The InstaTick Trader is specifically tailored to the needs of scalpers and high-frequency traders, who excel at making swift decisions and executing trades rapidly.

Tick trading has become increasingly popular among traders in the Philippines, seeking quick and short-term trading opportunities.

This software has a user-friendly interface to facilitate quick transactions. Our research indicates that the platform’s architecture is designed to cater to individuals who value fast execution and up-to-date information, enabling them to capitalize on even the slightest market fluctuations.

InstaForex MobileTrader

InstaForex MobileTrader

InstaForex understands the importance of catering to the Philippines’ mobile culture. This trading platform allows Filipino traders to conveniently trade while on the go.

Thanks to the widespread use of smartphones, this mobile platform allows Filipino traders to conveniently access their accounts, make transactions, and stay informed about market movements no matter where they are.

All you need is a fully charged mobile device, internet access, and the drive to profit from trading.

WebIFX

InstaForex developed a proprietary web-based platform called WebIFX that combines efficiency and simplicity. It is a suitable option for traders who would rather not utilize traditional desktop apps.

Because the platform offers a range of graphical tools and can be used from any internet-connected device, we believe it will meet the needs of Filipino traders who value accessibility and convenience over functionality.

InstaForex Web API

InstaForex Web API

Thanks to InstaForex’s Web API (Application Programming Interface), traders and developers in the Philippines can easily incorporate InstaForex’s trading features into their own applications or platforms.

This could be particularly beneficial for individuals looking to create customized trading algorithms or integrate InstaForex data into their existing systems.

InstaForex guarantees its clients secure trading on MetaTrader 4. The data exchange process between the terminal user and the trading platform’s servers is securely encrypted using 128-bit encryption.

MobileTrader allows for analysis of financial instruments’ behavior, studying currency pair quotes, and copying trades from successful market participants 24/7.

Range of Markets

 

InstaForex Range of Markets

 

InstaForex offers Filipinos over 300 instruments that are spread across markets. While InstaForex doesn’t support local Philippine indices like PSEi, Fin, PSE DivYp, or others, many other international instruments remain.

 

🔍Instrument🔢 Number of Assets Offered⬆️Max Leverage Offered
➡️Forex1101:1000
➡️Shares199N/A
➡️Indices151:100
➡️Precious Metals41:100
➡️Energies171:100
➡️Commodity Futures491:100
➡️Cryptocurrencies13Variable
➡️InstaFutures2N/A

 

InstaForex Trading Hours

InstaForex understands the different trading preferences of the Philippines’ population and offers access to a wide range of markets with different trading hours.

 

➡️Asset ClassTrading Hours (UTC+8)
➡️Forex24 hours a day, 5 days a week
➡️Metals24 hours a day, 5 days a week
➡️EnergiesVaries depending on the specific instrument
➡️IndicesVaries depending on the specific instrument
➡️SharesVaries depending on the specific instrument
➡️FuturesVaries depending on the specific instrument
➡️Crypto24 hours a day, 7 days a week

 

InstaForex Philippines Stock, Forex, Commodities, and Index CFDs Availability

➡️Can I trade BDO Unibank, Inc. (BDO) with InstaForex?No
➡️Can I trade DMCI Holdings, Inc. (DMC) with InstaForex?No
➡️Can I trade Globe Telecom, Inc. (GLO) with InstaForex?No
➡️Can I trade Photocopiers with InstaForex?No
➡️Can I trade Nickel Ore with InstaForex?No
➡️Can I trade Chelsea Logistics and Infrastructure Holdings Corp. (C) with InstaForex?No
➡️Can I trade Crude Oil with InstaForex?No
➡️Can I trade Coal Briquettes with InstaForex?No
➡️Can I trade PRF4A with InstaForex?No
➡️Can I trade PLDT, Inc. (TEL) with InstaForex?No

No, InstaForex does not trade native Philippine metals such as nickel ore.

InstaForex offers Filipino traders trading in 110 currency pairs.

InstaForex vs Pepperstone vs Exness – Broker Comparison

🔍Broker🥇InstaForex🥈Pepperstone🥉Exness
⌛RegulationFCA, BVI FSC, CySEC, FSA SVGASIC, BaFin, CMA, CySEC, DFSA, FCA and SCBFSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA
📊Trading PlatformMetaTrader 4
MetaTrader 5
WebIFX
InstaForex Multi-Terminal
InstaForex WebTrader
InstaTick Trader
InstaForex MobileTrader
Pepperstone App
TradingView
MetaTrader 4
MetaTrader 5
cTrader
MetaTrader 4
MetaTrader 5
Exness App
Exness Terminal
💳Withdrawal Fee✅ Yes✅ Yes, Telegraphic Transfers (TT)None
🆓 Demo Account✅ Yes✅ Yes✅ Yes
💴Min Deposit59 PHP ($1)0 PHP (AU$0)580 PHP ($10)
⬆️Leverage1:10001:500 (Pro)
1:400 (Retail)
1:20 – 1:200 (Others)
Unlimited
✏️Spread0.0 pipsFrom 0.0 pipsVariable, from 0.0 pips
💷Commissions0.03% to 0.07%From $3.5 per round lotFrom $0.1 per side, per lot
🛑 Margin Call/Stop-Out30%/10%90%/20%60%/0%
🧑‍⚖️Order ExecutionInstantMarketMarket
❌No-Deposit Bonus✅ YesNoneNone
💰Cent Accounts✅ YesNone✅ Yes
🗂️Account TypesInsta.Standard Trading Account
Insta.Eurica Trading Account
Cent.Standard Trading Account
Cent.Eurica Trading Account
Standard Account
Razor Account
Standard Account
Standard Cent Account
Raw Spread Account
Zero Account
Pro Account
Social Standard Account
Social Pro Account
➡️Philippines BSP RegulationNoneNone✅ Yes
💴PHP DepositsNoneNoneNone
🗂️PHP AccountNoneNoneNone
⏰Customer Service Hours24/524/724/7
👉Retail Investor Accounts427
☪️Islamic Account✅ Yes✅ Yes✅ Yes
⬇️Minimum Trade Size0.01 lots0.01 lots0.01 lots
⬆️Maximum Trade Size100 lots100 lotsUnlimited
⏰Minimum Withdrawal TimeInstant1 business day24 hours
⏱️Maximum Estimated Withdrawal TimeUp to 6 working daysUp to 7 business days3 days
✔️Instant Deposits and Instant Withdrawals?✅ YesNoneNone
🚀Open an Account👉 Click Here👉 Click Here👉 Click Here

10 Best Forex Brokers in the Philippines

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

Read Review

CySEC, MWALI, FSCA

$25

#4

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#5

FSCA, FSC, ASIC, CySEC, DFSA

$5

#6

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

$0

#7

FSA, CySEC, FSCA, FSC

$10

#8

ASIC, CySEC, FSCA, FSA

$100

#9

CySEC, FCA, FSA, FSCA

$100

#10

Read Review

FCA, CMA, FSC

$200

#1

$100

Minimum Deposit

#2

$0

Minimum Deposit

#3

$25

Minimum Deposit

#4

$10

Minimum Deposit

#5

$5

Minimum Deposit

#6

$0

Minimum Deposit

#7

$10

Minimum Deposit

#8

$100

Minimum Deposit

#9

$25

Minimum Deposit

#10

$200

Minimum Deposit

Fees, Spreads, and Commissions

InstaForex Fees, Spreads and Commissions

Spreads

InstaForex offers a choice between fixed and floating spreads, and Filipino traders need to understand the implications of this decision.

Fixed spreads stay consistent regardless of market conditions, while floating spreads vary in response to changes in supply and demand. The spread between the bid and ask price can widen or narrow based on market conditions and trading activity.

InstaForex spreads of currency pairs may experience fluctuations, reaching up to 10 pips during periods of low liquidity, compared to their usual range of 0–7 pips.

Unlike other types of accounts, the Insta.Eurica and Cent.Eurica accounts offer the advantage of zero spreads on most currency pairs. Although it may appear attractive to Filipino traders, it is crucial to consider that a nominal fee is applied for each transaction.

Commissions

The commission structure of InstaForex only applies to Insta.Eurica and Cent.Eurica accounts. The commission is determined by a percentage of the trade volume and can vary depending on the specific instrument being traded.

This commission structure, ranging from 0.03% to 0.07% of the trade volume, may benefit high-volume traders in the Philippines.

Overnight Fees

Swap costs or overnight fees usually apply when positions are held after the trading day has ended. With InstaForex, we noted one exception: it does not charge swap fees for stocks or cryptocurrencies.

This might be a very useful feature for Filipino traders who specialize in these kinds of assets.

Deposit and Withdrawal Fees

InstaForex does not charge any deposit fees. However, the broker does charge withdrawal fees, which are clearly stated on the broker’s website. The following withdrawal fees apply:

✅Bank card (VISA/MasterCard): 2.5% + 3.50 EUR/USD

✅Skrill: 1.39%

✅Bank wire (EUR): 2%

✅Neteller: Transaction fee – 2%. An additional fee of 1 USD if the withdrawal amount is less than 50 USD.

✅PayCo: Payment system fee

✅Bitcoin: 0.5%

✅Litecoin: 0.5%

✅Paylivre (Brazil): 1.5%

✅China UnionPay (CNY): 1.5%-1.8%

✅Southeast Asia Bank transfers (IDR/MYR/THB/VND): 2% + 0.3 EUR (minimum 1 EUR)

Inactivity Fees

InstaForex charges an inactivity fee on dormant accounts that remain inactive for six consecutive months, have a positive balance, and will be subject to a fee of EUR 5 or its equivalent in the account’s currency.

Currency Conversion Fees

Unfortunately, Filipino traders must pay conversion fees if they use their local currency, the Philippine Peso (PHP), to fund or withdraw from their trading accounts.

Yes, InstaForex charges a small percentage fee for deposits or withdrawals in a currency other than the account-based currency, which is significant considering the volatility of the Philippine Peso.

No, there are no deposit fees at InstaForex.

Overall Rating

Min Deposit

USD 1/59 PHP

Regulators

CySEC, FSC

Trading Desk

MT4

Crypto

Yes

Total Pairs

4

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Deposit and Withdrawal Options

💳Payment Method🌎Country💵Currencies Accepted⏰Processing Time
➡️Credit/Debit CardAllUSD, EUR24 hours – 6 days
➡️Bank CardAllUSD, EUR24 hours – 7 hours
➡️Bank WireAllUSD, EUR2 – 4 days
➡️SkrillAllEUR7 – 24 hours
➡️NetellerAllUSD, EURInstant – 7 hours
➡️PayCoAllUSD, EURInstant – 48 hours
➡️BitcoinAllUSD3 hours – 7 hours
➡️LitecoinAllUSD3 hours – 7 hours
➡️TetherAllUSD3 hours – 3 hours
➡️PaylivreBrazilUSD24 hours
➡️China UnionPayChinaCNY7 hours – 2 days
➡️Southeast Asia Bank TransfersAsian CountriesIDR, MYR, THB, VND1 – 7 hours

Deposits

Bank Wire 

✅Navigate to the webpage of InstaForex and log into your trading account.

✅Go to the “Finance” section.

✅Choose “Deposits” and click “Bank Wire” as your deposit method.

✅Get the banking details of InstaForex.

✅Supply the deposit amount and confirm the transaction on the form supplied.

✅Submit the form.

✅Keep the transaction receipt or reference number.

✅The funds should be reflected in your account between 24 hours – and 4 days.

Credit or Debit Card 

✅Navigate to the webpage of InstaForex and log into your trading account.

✅Go to the “Finance” section.

✅Choose “Deposits” and click “Credit/Debit Card.”

✅Enter your card information.

✅Supply the deposit amount.

✅Confirm the transaction.

✅The money should be reflected in your account within 24 hours to 6 days.

Cryptocurrency

✅Navigate to the webpage of InstaForex and log into your trading account.

✅Go to the “Finance” section.

✅Choose “Deposits” and then click on “Cryptocurrency.”

✅Choose the cryptocurrency you want to use.

✅Enter the deposit amount.

✅You will receive a unique wallet address from the broker.

✅Use your personal digital wallet to transfer funds to the specified address.

✅The transaction will be validated on the blockchain.

✅The money should be reflected in your account within 3 hours.

e-Wallets or Payment Gateways 

✅Navigate to the webpage of InstaForex and log into your trading account.

✅Go to the “Finance” section.

✅Choose “Deposit” and then your choice of e-wallet.

✅Enter your e-wallet information and the deposit amount.

✅Confirm and submit the transaction.

✅The money should be instantly reflected in your account or within 7 hours, depending on the e-wallet you choose to use.

InstaForex Deposit and Withdrawal Options

Withdrawals

Bank Wire 

✅Navigate to the webpage of InstaForex and log into your trading account.

✅Go to the “Finance” section.

✅Choose “Withdrawal” and then click on “Bank Wire.”

✅Complete the withdrawal form with your bank details.

✅Fill in the withdrawal amount.

✅Verify the details and submit your request.

✅The money should be reflected in your account between 24 hours – and 4 days.

Credit or Debit Cards

✅Navigate to the webpage of InstaForex and log into your trading account.

✅Go to the “Finance” section.

✅Choose “Withdrawal” and click “Credit/Debit Card.”

✅Enter the card information and withdrawal amount.

✅Verify the details and submit your withdrawal request

✅The money will be reflected in your account within 24 hours or 6 days.

Cryptocurrency 

✅Navigate to the webpage of InstaForex and log into your trading account.

✅Go to the “Finance” section.

✅Choose “Cryptocurrency.”

✅Select the coin you want to withdraw and the amount.

✅Provide your personal wallet address.

✅Confirm and submit the withdrawal.

✅The cryptocurrency will be reflected in your account within three hours.

e-Wallets or Payment Gateways 

✅Navigate to the webpage of InstaForex and log into your trading account.

✅Go to the “Finance” section.

✅Choose “Withdrawal” and then the e-wallet payment gateway.

✅Provide the e-wallet details and the withdrawal amount.

✅Confirm your withdrawal.

✅Money should instantly be reflected in your account or within 7 hours.

Cryptocurrency withdrawals are normally handled within three hours, providing a quick and effective way to move funds.

Yes, InstaForex charges withdrawal fees depending on the method used, such as 2.5% + 3.50 EUR/USD for bank cards and 1.39% for Skrill.

Leverage and Margin

 

InstaForex Leverage and Margin

 

When we researched InstaForex’s financial assets, we discovered that all account types offer a high maximum leverage of 1:1000.

While this kind of leverage can lead to significant profits for Filipino traders, it is important also to exercise caution as it can result in substantial losses.

The margin requirements at InstaForex can differ depending on the specific item being transacted and the account type chosen. For example, a lower margin percentage is typically required when trading major currency pairings than trading CFDs or exotic pairs.

The broker’s margin calculator proved valuable in illustrating the dynamic nature of margin requirements, which can vary based on trade size and leverage. InstaForex implements stop-out and margin call procedures to safeguard traders from significant losses.

Filipino traders should consider increasing their cash or closing specific trades if their account equity falls below a predetermined proportion of the used margin. If the equity continues to decline, a stop-out is activated, resulting in the immediate sale of holdings to prevent further financial losses.

Educational Resources

InstaForex Educational Resources

Education and Research

➡️Economic Calendar✅ Yes
➡️VPS✅ Yes
➡️AutoChartist✅ Yes
➡️Trading View✅ Yes
➡️Trading CentralNone
➡️Market Analysis✅ Yes
➡️News Feed✅ Yes
➡️Blog✅ Yes
➡️eBooksNone
➡️Educational Videos✅ Yes
➡️Platform Tutorials✅ Yes
➡️WebinarsNone
➡️SeminarsNone
➡️Live Support✅ Yes

In addition to these, InstaForex also offers the following:

✅InstaForex TV

✅Training Sessions

✅Holiday Calendars

✅FAQ

✅Chief Strategist

✅Analytical Reviews

✅News in Pictures

✅Trading Sessions

✅Forex Glossary

✅Demo Account

Trading Reports

Given the Philippines’ membership in the ASEAN (the Association of Southeast Asian Nations) and its prominent role in the global economy, InstaForex offers detailed trading reports that thoroughly examine market trends and economic indicators important to traders in the Philippines.

These reports, written by financial experts, can provide valuable insights into the factors that impact the Philippine Peso and other assets. Traders can use this information to make well-informed decisions in a rapidly changing market.

Trading Calculators

InstaForex provides a range of trading calculators that aim to streamline intricate calculations, including margin, pip value, and profit/loss. This is especially beneficial for Filipino traders who may be new to forex trading.

It provides them with a clear understanding of the financial consequences of their trades and enables them to manage their risk effectively. This is particularly important in the Philippines, a country experiencing a growing interest in online trading.

Seminars

Our research indicated that InstaForex does not generally organize seminars in any of its jurisdictions. However, it provides webinars that Filipino traders will also find beneficial.

These webinars cover various subjects, ranging from fundamental trading principles to sophisticated strategies, and frequently offer valuable perspectives on global markets.

Filipino traders can benefit from InstaForex’s market analysis by gaining insights into global market trends and economic indicators that impact the Philippine Peso (PHP) and other traded assets.

Yes, within the Glossary section, you can find concepts and terms related to Forex used in the currency market.

Bonuses and Promotions

InstaForex Bonuses and Promotions

Our research indicates that InstaForex offers no shortage of bonuses and promotions, and the broker stands out above all other brokers. These give Filipino traders a significant boost in capital and allow them to participate in exciting competitions where they can win great prizes.

✅The 100% bonus greatly increases Filipino traders’ deposits, allowing them to expand their trading potential in a nation with a growing middle class and increased engagement in financial markets.

✅The 55% and 30% bonuses provide Filipino traders with more money to experiment with different trading techniques and products, responding to the wide investing preferences of the Philippines’ populace.

✅1,000 USD No-Deposit Bonus: InstaForex provides a significant $1,000 No-Deposit Bonus, giving Filipino traders a risk-free opportunity to explore the platform and potentially earn in a country where the financial industry is constantly expanding.

✅The Club Bonus rewards faithful Filipino traders with extra points for each deal, which may be redeemed for significant gifts or trading credits, promoting community and acknowledging the value of social relationships in the Philippine culture.

✅The Real Scalping tournament recognizes and awards Filipino traders who succeed in short-term trading methods. It reflects the fast-paced character of the Philippines’ traditional markets and the growing popularity of scalping in the Forex market.

✅Miss InstaForex 2025 is a one-of-a-kind event in which Filipino traders may vote for their favorite competitor and potentially win amazing prizes. This event brings fun and cultural appreciation to the trading experience.

✅The Sniper Challenge honors Filipino traders who can successfully forecast market moves, emphasizing the value of accuracy and analytical abilities in a country with increasing financial experts.

✅The Free Devices campaign allows Filipino traders to win cutting-edge electronics like smartphones and tablets, aligning with the country’s high mobile internet usage and tech-savvy populace.

✅The InstaForex Balloon campaign provides fortunate Filipino traders with a once-in-a-lifetime hot air balloon flight, demonstrating the broker’s dedication to offering unique and unforgettable experiences.

✅The InstaForex Airplane campaign provides a sumptuous private jet experience for top-performing Filipino traders, demonstrating the broker’s dedication to rewarding achievement and fitting with Filipinos’ desire for luxury and prestige.

✅The Lucky Trader event provides random awards to Filipino traders, adding excitement and luck to the trading experience and reflecting the country’s diverse cultural traditions and beliefs.

✅The Grand Choice Contest by InstaForex invites Filipino traders to compete for a major prize, promoting healthy competition and acknowledging the value of individual performance in Philippine culture.

✅The FX-1 Rally event provides a unique platform for Filipino traders to demonstrate their trading abilities and fight for big rewards, highlighting the country’s talents and entrepreneurial spirit.

✅The Chancy Deposit bonus provides additional funds to Filipino traders upon deposit, generating a sense of anticipation and excitement in a society where surprise presents are a popular form of kindness.

✅The Great Race tournament pushes Filipino traders to attain the biggest trading volume within a certain time frame, reflecting the competitive spirit in the country’s many sports events.

Rebates for Clients

Project InstaRebate from InstaForex provides profitable opportunities for Filipino traders and affiliates in the country to earn financial benefits.

With a strong economy powered by varied industries such as industry, services, and agriculture, Filipino traders can benefit greatly from InstaForex’s rebate of 1.5 pips for every concluded deal or $15 per trading lot, regardless of profit or loss. This bonus, instantly credited within two days, boosts partners’ profits easily.

In a demographic where the median age is 25.69, this cashback offers a simple method to increase revenue, making it appealing for all Filipino traders, businesses (big and small), and affiliates looking for further financial benefits.

InstaForex’s $1,000 no-deposit bonus is a promotional offer that allows new Filipino traders to start trading without making a deposit, giving them a risk-free opportunity to explore the platform.

Filipino traders can use the $1,000 No-Deposit Bonus to explore InstaForex’s platform and trading features without risking their own money, which is particularly beneficial for new traders.

Affiliate Programs

InstaFores Affiliate Account

It is clear from the review so far that Filipino traders would want to partner with InstaForex. Below, we will explore the features and benefits Filipino partners can expect from InstaForex and how prospective partners can sign up.

Features

The affiliate program offered by InstaForex is an excellent opportunity for Filipino traders to generate extra income, which is particularly beneficial in one of the fastest-growing economies in the East Asia and Pacific region.  

The customized financial solutions at InstaForex are crafted to leverage the economic dynamism of the Philippines. The broker recognizes the significant impact of sectors contributing to economic growth, including business process outsourcing, retail trade, real estate, and tourism.

If Filipinos want to expand their BPO operations, invest in retail infrastructure, or develop properties in key tourism hubs, InstaForex’s affiliate program can provide specialized financing options to support their ambitions.

InstaForex provides two primary partnership options: Cost Per Action (CPA) and Online Partner. The CPA model offers a simplified approach ideal for attracting clients rather than closely monitoring their trading activity.

This opportunity is perfect for the many influencers and bloggers in the Philippines, who, like the country’s diverse media landscape, can connect with a wide audience.

This model provides a straightforward, uncomplicated payment method with fixed commissions based on the referral’s initial deposit.

The Online Partner model is also becoming increasingly popular in the Philippines. It provides a great opportunity for those with a large online following or wide social network to earn a large amount of money.

Filipinos can, as online partners, have the opportunity to promote InstaForex through their various social platforms and websites to earn a substantial income. You can earn up to $13.3 per lot or a generous $2,000 for each referral’s initial deposit.

If you have experience in affiliate marketing or are just starting out, InstaForex’s program offers a flexible and potentially profitable opportunity to take advantage of the growing popularity of forex trading in the Philippines.

If you’re looking to boost your income in the Philippines, a country known for its rich trade and entrepreneurial history, this program is worth considering.

Its attractive commissions, wide range of partnership options, and comprehensive support offer a great opportunity for Filipinos looking to expand their earnings.

How to Register an Affiliate Account Step-by-Step

Step 1: Go to the main page and click “For Partners” and “Advantages for Affiliates.”

InstaForex Affiliate Account Step 1

Step 2: Click on “Open Affiliate Account”

InstaForex Affiliate Account Step 2

Step 3: Complete the online registration form

InstaForex Affiliate Account Step 3

Step 3: Wait for a verification email from InstaForex

Click the verification link in the email to activate your affiliate account. You can now log in to your new affiliate dashboard with your registered email and password.

Once authorized, you can access your unique affiliate links and marketing materials through the dashboard. These will be used to monitor any clients you recommend to InstaForex.

After a Filipino trader has opened an affiliate account, they can refer customers by sending them their affiliate link. They are recorded as your referrals when they click the affiliate link and open a trading account.

Filipino affiliates can earn up to $13.3 per lot or $2,000 for each referral’s initial deposit by promoting InstaForex through their online platforms, leveraging the Philippines’ growing digital economy.

Customer Support

🫴🏻 Customer SupportInstaForex Customer Support
⏰Operating Hours24/5
➡️Support LanguagesMultilingual
🗣️Live Chat✅ Yes
💻Email Address✅ Yes
☎️Telephonic Support✅ Yes
4️⃣The overall quality of InstaForex Support4/5

 

Response Time

🫴🏻 Support Channel⏰Average Response Time⏱️User-based Response Time
☎️Phone5 minutes2 – 3 minutes
💻Email1 working dayIt can be in less than 1 day
🗣️Live Chat4 – 5 minutes3 minutes
📱Social Media15 – 20 minutes12 – 15 minutes
🤝Affiliate48 hours24 – 30 hours

InstaForex ensures quality customer service through a dedicated support team, comprehensive FAQs, and a responsive live chat service, efficiently addressing Filipino traders’ specific needs and concerns.

Yes, InstaForex features on Facebook, Twitter, and YouTube and also uses several other apps through which Filipino traders can reach customer support.

Social Responsibility

InstaForex Social Responsibility

InstaForex is committed to its Corporate Social Responsibility (CSR), and we have discovered numerous projects the broker supports.

The broker has embraced the value of prioritizing humanity in its business practices. As a prominent broker in the forex market, it is dedicated to maintaining a high standard that includes universally accepted moral values and ethical business practices.

The broker provides global support for various humanitarian projects in the healthcare sector, disaster relief, education, and the care of children without family support.

The broker has partnered with organizations such as The Penduli Anak Foundation, the Ronald McDonald Children’s Charity Fund, and the SOS Children villages in Indonesia, to mention but a few.

Considering the unique context of the Philippines, InstaForex could explore the following corporate social responsibility (CSR) initiatives:

✅InstaForex has the potential to form partnerships with local NGOs in the Philippines to address social and environmental issues, fostering positive change and community improvement.

✅InstaForex can create customized financial literacy programs in rural Philippines, empowering communities with fundamental financial concepts, risk management, and responsible trading practices.

✅The Philippines’ cultural heritage is a significant source of income. InstaForex can contribute to cultural events, support local artisans, and finance educational programs to preserve and promote the Philippine culture.

✅The Philippines faces challenges like deforestation and pollution, but InstaForex can support environmental protection initiatives like reforestation and clean energy. The country’s vulnerability to natural disasters like earthquakes, tsunamis, and volcanic eruptions necessitates significant disaster relief and recovery efforts.

✅InstaForex plans to offer scholarships to exceptional Filipino students pursuing finance, economics, or technology careers, fostering human capital development and a new generation of skilled professionals.

InstaForex Current Partnerships

Navigating to InstaForex’s website, it is clear that the broker has a history of numerous sponsorships and partnerships in the sports industry.

Not only has InstaForex been the official partner of the Borussia Dortmund football club, Palermo Football Club, and Liverpool FC, but the broker has also sponsored several racing teams and individuals such as Yuliya Efimova, Viswanathan Anand, and Vladimir Moravcik.

InstaForex is a globally recognized forex broker, and it would greatly benefit from partnering with NGOs, Sports clubs, and humanitarian associations in the Philippines. Some of the recommended partnerships could be:

Sports Clubs:

✅Manila Polo Club.

✅Philippine Football Federation (PFF).

✅Alab Pilipinas Basketball team competing in the ASEAN Basketball League.

NGOs:

✅Gawad Kalinga focuses on poverty alleviation and community development.

✅Philippine Red Cross provides emergency assistance, disaster response, and health services.

✅WWF Philippines is involved in environmental conservation and sustainable development.

Humanitarian Associations:

✅Save the Children Philippines focuses on children’s rights, education, and protection.

✅UNICEF Philippines is involved in child welfare, health, and education initiatives.

✅Caritas Manila provides social services, disaster response, and livelihood programs.

✅Habitat for Humanity Philippines builds homes and communities for the underprivileged.

These organizations and institutions contribute to various sectors across the Philippines, supporting community development, education, sports, and humanitarian aid.

User Comments and Reviews

 

🥇“My experience with InstaForex has been frustrating, particularly concerning the withdrawal process. Despite repeated attempts over two weeks, my withdrawal requests have consistently failed. Whenever I contact customer support, I’m told that my issue has been escalated to the finance department and will be addressed urgently. However, there’s no follow-up or resolution, and I’m left without concrete answers.”

 

🥈“Because their website is easy to use and offers all the features I need, I prefer InstaForex. The charts are simple, the trades are fast, and there are numerous basic indications. I frequently relocate throughout the Philippines, so their mobile app enables me to monitor the market from anywhere.”

 

🥉“InstaForex is a very good and kind company; big rebates are given to clients. Customer service is very fast and very helpful.”

In Conclusion 

Our review of InstaForex describes a complex picture for Filipino traders. InstaForex provides a wide range of trading platforms known for their reliability and advanced technology.

This creates a one-of-a-kind trading environment, which stands out compared to what other brokers offer.

Traders in the Philippines can have peace of mind knowing that the broker is highly regulated by multiple regulatory bodies and holds licenses in most countries where they operate.

Our Insight

In my opinion, InstaForex is a good option for Filipino traders. It is your broker if you’re a trader of any skill level. With the help of InstaForex and its extensive range of educational materials, beginner traders can easily transition into professional traders.

Our Recommendations

✅InstaForex can consider launching trading competitions and promotions based on Philippine cultural themes, including history, traditions, and local sports, to attract more traders and promote a sense of belonging.

✅InstaForex could expand its market presence by partnering with Philippine banks, financial institutions, and educational groups, offering joint promotions, co-hosting seminars, and creating specific trading accounts to meet Philippine customer’s demands.

✅Expanding deposit and withdrawal options to include local Philippine pesos (PHP) as payment methods would be a significant step towards financial inclusion and digital payment usage, catering to the needs of Filipino traders without foreign systems.

Pros & Cons 

✅Pros❌Cons
Well regulated through BVI FSC, CySEC, FSA SVG, FCAWithdrawal fees are charged
There is an extremely low minimum depositCharge currency conversion fees
Offers Islamic Swap-free accountsCharges commission on some accounts
Use segregated accounts for client fundsFilipinos cannot trade local CFDs
Offers a refer-a-friend bonusInactivity fees on dormant accounts
Many bonuses, competitions, and incentives to attract customersInstaForex does not support the Philippine Peso (PHP)

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Frequently Asked Questions

No, InstaForex is not regulated by the Philippine financial body, but it does have licenses from other jurisdictions.

Yes, InstaForex provides low-minimum deposit accounts and educational tools for novices.

Yes, InstaForex provides a mobile app for trading on the move, acknowledging the Philippines’ significant smartphone penetration.

Only the full bonus amount can be withdrawn; partial withdrawal is impossible. Any profit made over the bonus amount can be withdrawn without any restrictions.

Yes, InstaForex offers VPS hosting services, which can be beneficial for Chilean traders seeking uninterrupted trading and faster execution times.

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