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InstaForex Reviews 

553
•
TrustScore 2.5 out of 5

2.7

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Review summary

Created with AI, based on recent reviews

Considering 104 reviews, most reviewers were unhappy with their experience overall. Many individuals stated that they experienced financial difficulties, including prolonged delays when attempting to withdraw their funds. Consumers also expressed deep frustration regarding unresponsive customer service teams, unhelpful automated replies, and strict verification rules that constantly prevented them from accessing their accounts. Though some reviewers were happy with the platform, noting that the system was generally easy to use and that deposit channels worked smoothly. A few participants also mentioned receiving very helpful assistance for login issues and successfully collecting their contest prizes without trouble.

What people talk about most

Payment

Consumers find payment to be fraught with frustration, frequently highlighting delayed withdrawals, pending... See more

Customer service

Users describe ambiguous interactions with customer service, noting that while some reviewers experienced... See more

Service

Clients share ambiguous opinions on service, with some reviewers noting that things worked smoothly at first... See more

Response time

Reviewers highlight ambiguous aspects of response time, noting that while some customers experience severe... See more

Refund

People report negative experiences with refund processes, describing extensive delays and difficulties with... See more

Reviews shaping this summary

Rated 3 out of 5 stars

Well I'll like to inform you that my prize money has been deposited into my account,we'll,from what I see instaforex has its own unique way of doing things it might really meet your expectations but,... See more

Company replied

Rated 3 out of 5 stars

I'm reviewing the latest feedback and responses from InstaForex. I thank the InstaForex team for taking the time to address my verification and withdrawal issue. My account is now fully verified, and... See more

Company replied

Rated 2 out of 5 stars

Deposited money into an existing old account. I can now neither transfer to my own accounts or withdraw? I did early deposit during the week hoping to buy at market lows now the opportunity looks lo... See more

Company replied


Company details

  1. Finance Broker

About InstaForex

Written by the company

InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 7,000,000 traders.

InstaForex is a group of companies that are registered in different countries and operate under the InstaForex brand. The group includes various legal entities and authorized agents that provide services to clients in accordance with the local legislation.

InstaForex group includes Instant Trading Ltd registered on the British Virgin Islands and regulated by the BVI FSC under the licence number SIBA/L/14/1082.

InstaForex guarantees seamless and safe access to the forex market regardless of existing market conditions. Our team has a vast experience in the sphere of client and partner support. Our employees are young and talented specialists in the financial services field.

Trading conditions at our company correlate with basic trends in the brokerage industry. We strive to comply with the highest quality standards in both trading services and client support spheres. By now, over 7 000 000 clients all over the world have appreciated our efforts.

Benefits:

300+ trading instruments

InstaForex offers its clients more than 300 instruments for trading. Apart from currency pairs, there are futures, shares, and spot instruments such as Gold, Silver as well as CFDs on indices S&P 500, Dow Jones Industrial Average, NASDAQ Composite, FTSE 100, Euronext 100, DAX 30, Nikkei 225, Hang Seng Index, US Dollar Index, Bitcoin and other instruments.

ForexCopy System

Make the years-long experience of successful traders work for your benefit. With the ForexCopy system you can copy deals of professionals and earn. You can choose a trader based on 20+ criteria and automatically copy his deals. Your deposit remains on your account and you can cancel a deal at any moment.

PAMM System

Apart from the user-friendly interface, this system is also known for its efficiency. With the help of this innovative service a trader can manage funds of several investors. This is a win-win solution - investors earn without trading while traders get extra profit for managing investors' funds. PAMM system from InstaForex brings maximum comfort and usability to both investor and trader.

Cryptocurrency trading

Innovative trading tools are available in InstaForex! Beginners have a great opportunity to gain experience using a demo account. For experienced traders, we offer sufficient leverage and CFD trading. InstaForex website features up-to-date analytics from professionals and fresh news on the main events of the cryptocurrency world. Carefully read this section and start working with the new trading instruments with InstaForex!

Deposit bonuses from 30% to 100%

Trading with InstaForex is not only reliable but also very profitable. We offer a wide range of deposit bonuses. The bonus size varies from 30 to 100 percent. Carefully study this section and choose the most suitable option for receiving the bonus funds. Moreover, all our clients who deposited at least $1,000 enjoy a pleasant surprise - participation in draws of great prizes. Bonuses from InstaForex allow you to start earning after the first deposit!

Market analysis

Trading can hardly be profitable without proper market analysis. This section contains fresh forecasts and reviews: expert outlooks, technical and fundamental forex analysis. The material compiled by InstaForex analysts will keep you in the know. Keep wise to the market trends!

Contests

InstaForex has been a leading broker in terms of the prize pool for its customers. We arrange regular contests for both professionals and beginners. This website section contains information about campaigns and contests held by the company. Anyone will find an interesting tournament to take part in. This is not only a way to sharpen your trading skills, but also a brilliant chance to get lavish prizes.

7 000 000 clients

Reputation is one of the most important factors for consideration when choosing a broker. InstaForex is chosen by 7 000 000 traders worldwide. Such recognition is a big responsibility and we do our best to meet your expectations. Every company's client receives the services of the highest quality. We value your choice and wish to make your work on Forex maximally comfortable. Join InstaForex - trust of more than 7 000 000 traders is the best recommendation!

Choose your super prize

We all dream of different things. With this in mind, we have launched a new premium campaign with a variety of prizes. This time, InstaForex raffles off five luxury cars! A winner can pick one of them based on their taste and preferences. Grab the chance to become an owner of a supercar of your dreams!

Leverage

Leveraged trading enables traders to earn more profit. Depending on a strategy, a trader can choose the most convenient leverage to work with. InstaForex customers are free to get any leverage from 1:1 to 1:1000. Make use of this trading mechanism to see your profits soar.

Deposit and withdrawal

InstaForex ensures the best conditions for replenishing accounts and withdrawing funds. Enjoy a broad array of deposit and withdrawal options, from classic payments systems and bank wires to payment terminals and cash. InstaForex guarantees transparency, regardless of the payment way you opt for.

Multilanguage Customer Support

InstaForex customer support service offers qualified and timely assistance to every client from any spot on the globe. Our managers speak 17 languages, so they have no difficulties with communication barriers. It helps them promptly tackle clients' requests. We are ready to solve all your issues and answer all questions fast and effectively no matter where you are from.

Contact info

2.7

Poor

TrustScore 2.5 out of 5

553 reviews

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Asks customers to review

This company invites their customers to review, whether positive or negative

Replied to 98% of negative reviews

Typically replies within 1 week

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2.7

All reviews

(553)

129 reviews in the last 12 months

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Rated 3 out of 5 stars

Is good Instaforex to care with…

Is good Instaforex to care with Customers on Customer support because if some one Complained it is not Resolved his issues on Time just like me I'm complaining about My Profit Withdrawal since they not Allowed me to Withdraw this my Account 9247305.
I Was Made Profit from No Deposit Account Please you Have to Allow me withdraw my Profit please

October 28, 2026
Unprompted review
Rated 5 out of 5 stars

I have been a client of Instaforex for…

I have been a client of Instaforex for past 10yrs
wonderful broker with their partners in mind
awesome custormer care varities of promotions and bonuses
i have recommeded them to many of my friends
number broker in the world
thier trading app is the best i ever used
Ikechukwu Livinus Nwodoh
from nigeria

December 12, 2025
Unprompted review
InstaForex logo

Reply from InstaForex

Hello!
Thanks for your positive feedback. We wish you good luck!

Rated 1 out of 5 stars

Instaforex scam

Traders: stay away. They let you deposit, let you lose, and steal your profits when you win. I hope everyone reads my experience before trusting them with a single dollar.

InstaForex replies here only to polish its image. Their replies come with zero proof. I have all the evidence: account statements, trade history, screenshots of the deductions, their own ads saying scalping is allowed, and every email and chat with their support. It all shows exactly what kind of company this is: a scam.

They never showed one clause to justify it, because there isn't one.

I'm not the first. Hundreds of reviews here tell the same story.
My advice for all trader run away from this scam company

October 20, 2026
Unprompted review
InstaForex logo

Reply from InstaForex

Hello Mohamed,

We have already provided a detailed, step-by-step breakdown of your case in our previous responses, including the specific findings regarding connected accounts, rebate generation practices, and account statistics.
Repeating the same generalized claims does not alter the factual record or the applicable clauses of the Client Agreement already communicated to you.

As previously stated, all official explanations have been sent to your email. If you have further formal inquiries, please address them directly to our support team via official communication channels. This matter is considered fully addressed on this platform.

Rated 4 out of 5 stars

Support

I enjoyed the support and signals I got during my trading

October 19, 2026
Unprompted review
InstaForex logo

Reply from InstaForex

Hello!
Thanks for your positive feedback. We wish you good luck!

Rated 1 out of 5 stars

Further response: DISHONEST AND SUSPICIOUS BROKER….DO NOT DEPOSIT SERIOUS MONEY

Further Reply

You are not playing by your own regulations.
This is the most humiliating experience ever. You have clearly stated on your website:

"Dear customers, we remind you that withdrawal of funds from a trading account is possible only when using the same payment system through which the deposit was made and in the same currency."

On the issue of profit, my account history does not show a $17,000 profit. I have a $15,770.65 as profit. You took the rest $1,176 as swap correction. Your representative never mentioned anything about a prime payment system. And i don't know why you want to use the "most popular european payment system" when that was not what i had originally used in my deposit.
My loss is mine and i did not make any fuss about it when it happened. So why are you holding on to my profit and stagging me for a loss intentionally and now as a pay back to tellling the truth about what happened.

You are the one misleading the public because the $5,000 you claim to be a compensation was not withdrawable until after 1year. I have the screen shot. Why did you not include that part in your reply than making it look like you were trying to help me. Also, to correct you like i had explained in the email i sent and have reforwarded this evening to your finance and other team, you selected method is not only causing a loss through its commission of 2.8% like you said but through an exchange rate of NGN1000/$1 as against the rate on your NG website of NGN1305/$1 you can see how it all translates to a ~32% loss. I detailed this in the email of Oct 16th. Below is and a quote from that email

"Your partner reached out to me yesterday afternoon, stating that the only available withdrawal option being offered by Instaforex is Skrill or Neteller. This will never happen. I have already lost money from the exchange rate dropping from NGN 1,317/$1 since 2nd Oct when I made my first withdrawal attempt till now with all the delays to NGN 1,305/$1. My withdrawal is for $34,128.70 that amounts now to NGN 44,537,953.50 ( with a loss of NGN 409,544.40 due to claims of ID verification delays). And with skrill thing take a look at the exchange rate below and see how much that will be left in my Nigerian bank account by the time either your partner or myself end up withdrawing and converting through Skrill.
Sending money (Skrill-to-Skrill) 1.45% Paid by sender
1.45% of $34,128 =$494.85
The exchange rate for Skrill on this Nigerian site is N1,000 to $1
Skrill 1.45% Transfer charge: $494.85 x N1000 = N494,000
$494.85 - $34,128.70 = $33,633.85
$33,633.85 x 1000 NGN = 33,633,850 NGN as against $34,128.70 x 1305 NGN = 44,537,953 NGN
33,633,850 NGN - 44,537,953 NGN = 10,904,103 NGN Loss
This is a screenshot of your website stating that withdrawal will only be possible using the same payment system through which the deposit was made. "

I have several emails to finance and to support raising the concern about the use of Skrill and all i got was robotic answers without addressing the issue on the payment system raised.

Another robotic answer just this evening 20th Oct.

"Dear Client,

We see that the $34,128.07 withdrawal has been completed from your trading account 15839936.

If you have any further questions, please do not hesitate to contact us.
Thank you for your letter.

Faithfully yours, Richard
InstaForex Group"

Meanwhile the money still sits in my trading account.
You are taking advantage of customers who have always played by the rule been on the platform for years and you are being a bully telling me you are only going to process my payment at a loss after 3 weeks of being patient, and sending emails to all your listed channels including Finance.

I regret all the time spent on this platform and i have not misled the public but told the truth. It was a simple withdrawal request that needed no drama since 2nd October. The Public will be the judge.

October 2, 2026
Unprompted review
InstaForex logo

Reply from InstaForex

Dear Customer,

You have been offered an opportunity to withdraw via prime payment system after having earned $17,000 profit. The company is unaware why you associate a "32%" loss in fees when receiving money via that payment system, whose real commission is 2.8%.

Neither does it seem you have ever raised that concern with the finance department. The assertion of losing 32% when using one of the most popular European payment systems does not reconcile with the known to the company facts and represents an apparently misleading statement.

The fact that, before earning a $17,000 profit in 2026, you had historical losses 5 years ago does not seem to be justifying the making of such misleading statements.

Had you explained / raised properly the reason of why you think the withdrawal route offered is unsuitable for you, the company would be able to consider your concern and act upon it cooperatively. Now that you have put into the public misleading statements, the company will proceed with the withdrawal of your funds via the payment system stated.

We regret that you have been unable to resolve the issue in an adequate manner.

The proposed withdrawable compensation for inconvenience in the amount of $5,000 should be now deemed to be annulled for the same reason.

Rated 1 out of 5 stars

Instaforex Said Withdraw time 6-7 hours…

Instaforex Said Withdraw time 6-7 hours but they take 4-5 days big blunder... And trader can't trade the heaviest mistake of their. About Bonus also they misleading their clients

September 29, 2026
InstaForex logo

Reply from InstaForex

Dear Yasir Ayub,

Thank you for your feedback.

We have reviewed your account and can confirm that your withdrawal request has been fully processed and paid out.

The additional processing time was required to complete standard account verification procedures and bonus adjustments. Our team provided you with detailed explanations regarding this matter via email during our correspondence.

If you have any further questions or require additional assistance, please feel free to reach out directly through our support channels.

Rated 5 out of 5 stars

Update: InstaForex Took Steps Toward Resolving My Complaint

**Update — October 20, 2026: Dispute Resolution and Successful Withdrawal**

Following my complaint, InstaForex agreed to return the original USD 250 prize to account 15902363 and review the transactions in account 15902365 according to the eligibility of the instruments traded.

Both accounts originated from prizes awarded in InstaForex's Lucky Trader contests. Account 15902363 received a USD 250 contest prize, while account 15902365 received a USD 750 contest prize.

The USD 250 prize was credited back to account 15902363. In account 15902365, InstaForex applied a USD 169.70 adjustment for ineligible trades while preserving the profits from eligible instruments under its recalculation.

I am pleased to confirm that I have now successfully received the USD 750 withdrawal corresponding to the profits in account 15902365, associated with the second Lucky Trader contest prize.

I appreciate the company's response and the concrete steps taken to address my concerns. The return of the original prize, the recalculation of the second account, and the successful withdrawal represent meaningful progress toward resolving this dispute.

I am updating this review to reflect the outcome and acknowledge the actions taken by InstaForex to resolve the matter.

September 26, 2026
Unprompted review
InstaForex logo

Reply from InstaForex

Dear Paulo Roberto,

Thank you for your reply. To bring complete clarity to this situation, we would like to address how the initial misunderstanding occurred regarding your accounts:

1. Origin of the Account Discrepancy:
When you submitted your review, the reference number provided for verification was 159****65. Based on that specific number, our team confirmed the active status of trading account 159****65 (a contest account created for crediting contest prize funds), which is currently open and operational for trading compliant instruments.

2. Status of Trading Account 159****63:
Regarding trading account 159****63 mentioned in your update (also a contest account designated for prize bonus funds), positions were opened on XAUUSD, which violates Clause 6.8 (as bonus trading is strictly limited to Forex trading instruments). Consequently, non-eligible profits were cancelled. Furthermore, under Clause 6.7 of the Contest Rules, requesting a withdrawal results in the full cancellation of the awarded prize bonus. This standard system procedure is why this specific account currently reflects no active bonus balance.

3. Rule Enforcement & Platform Specifications:
Contest regulations apply uniformly to all participants across all accounts to ensure fair competition. Per our Contract Specifications, XAUUSD is categorized as "Metals", distinct from Forex pairs. Translation omissions by third-party browser plugins do not represent changes to official contractual terms.

We remain fully transparent and prepared to submit execution and transaction logs for both accounts to WikiFX or any official mediation channel upon request.

Rated 5 out of 5 stars

I like this plat form

I like this plat form. I also want to say thank you to Mr.Jacky for the support , service and advice.Thank you very much to Mr.Jacky .

October 6, 2026
Unprompted review
InstaForex logo

Reply from InstaForex

Dear Tay Kian Hui,

Thank you so much for your review and kind words!

We are thrilled to hear that you enjoy using our platform. We will certainly pass along your special thanks to Mr. Jacky - he will be delighted to know that his support, service, and advice made a positive impact on your trading experience.

Thank you for choosing InstaForex. We wish you continued success in your trading!

Rated 5 out of 5 stars

Forgotten Login Credentials

I had not logged into my account for years, and upon emailing the support team, it took barely 5 minutes and I got a reply with all relevant credentials to regain access to the platform.

October 2, 2026
InstaForex logo

Reply from InstaForex

Hello Eugene!
Thank you for your positive review and kind words. We're thrilled to hear that our support team helped you regain access to your account so quickly. Welcome back, and happy trading!

Rated 3 out of 5 stars

To receive my bouns

September 24, 2026
InstaForex logo

Reply from InstaForex

Hello Omar!
Please note that trading bonuses are granted according to our platform’s promotional terms, not for leaving Trustpilot reviews.

Our support team has just sent you an email regarding your deposit bonus request. Please check your inbox and update your profile with a valid phone number so we can help you with your account settings and process your request!

Rated 5 out of 5 stars

I liked your platform.

I liked your platform.

September 19, 2026
InstaForex logo

Reply from InstaForex

Hello!
Thanks for your positive feedback. We wish you good luck!

Rated 5 out of 5 stars

I have successfully withdraw my…

I have successfully withdraw my commision

September 1, 2026
Unprompted review
InstaForex logo

Reply from InstaForex

Hello!
Thanks for your positive feedback. We wish you good luck!

Rated 1 out of 5 stars

Inefficiency and recurring frustrations

1. Verification. Sent documents for verification,. Received confirmation of verification. Yet after a few days status is now unverified. I have done multiple verification on the same account with cycle recurring.

2. Request for verification for each account belonging to same individual. Verification for the individual should suffice for all accounts belonging to the individual.

3. Inefficiency in funds transfer between own accounts. Approval must be granted to transfer funds between accounts owned by same individual. This is very inefficient and time wasting. If an account is on a drawdown you will likely have a margin call before you are able to fund the account notwithstanding that they may have unverified your already verified account.

4. Instacopy. I keep feeling details about the strategy its stored then after a while all details are removed and you have to redo again. Cycle keeps recurring. Very tiring.

September 1, 2026
Unprompted review
InstaForex logo

Reply from InstaForex

Dear Kevin,

Thank you for your detailed feedback. We would like to address the points raised in your review and assist you in resolving these issues.

Regarding verification, Level 1 verification for your accounts has been restored, as your non-expiry ID card is accepted. Once a profile is verified, the status applies across linked accounts under the same Client Cabinet. However, to complete Level 2 verification, please upload one of the standard accepted documents via your Client Cabinet: a utility bill with a barcode/QR code not older than 3 months, a bank statement not older than 3 months signed and sealed by a bank official, or a PIN-certificate. Local administrative letters cannot be accepted for address verification under our compliance guidelines.

Internal transfers between accounts under the same profile undergo manual security checks to ensure account safety, though we recognize how critical processing speed is when managing margin and drawdown.

Regarding the issue with InstaCopy strategy details being reset, this behavior is abnormal. Please send your trading account numbers along with a brief description of the issue and any relevant screenshots to support@instaforex.com so our technical team can investigate the situation, determine if a system error occurred, and assist you in resolving it.

Rated 1 out of 5 stars

Very Poor Deposit and Withdrawal Experience in Pakistan

I am extremely disappointed with InstaForex’s deposit and withdrawal service in Pakistan. The overall payment system and customer experience need serious improvement.
When I made my first deposit, I was able to deposit easily through Easypaisa. However, when I tried to make another deposit, the Easypaisa and JazzCash options were no longer available.
I was then informed that there was an internal server issue, because of which I could not deposit or withdraw funds.
I am currently trying to withdraw my funds, but I cannot find a proper withdrawal option through bank transfer, Easypaisa, or JazzCash. This is extremely frustrating, especially when the platform allows deposits but then creates difficulties when customers want to withdraw their own money.
InstaForex needs to seriously improve its payment system, especially for Pakistani customers. Payment methods should be reliable, clearly available, and withdrawals should be straightforward and transparent.
I hope InstaForex fixes these issues urgently and provides Pakistani customers with reliable deposit and withdrawal options.

August 31, 2026
InstaForex logo

Reply from InstaForex

Dear Client,

Thank you for your feedback. We have reviewed your trading account 22814086 and would like to clarify the situation.

This account participated in the X-Bonus promotion, which according to its terms allows only one deposit per account. The inability to make a second deposit to this specific account was caused by these promotion rules, rather than any technical issue with local payment systems. Payment options such as Easypaisa and JazzCash remain fully available for clients in Pakistan. Additionally, the account experienced a Stop Out due to market movements and active trading positions, which brought the balance to zero.

You are welcome to open a new standard trading account to continue using local payment methods. If you have any further questions, please contact our support team at support@instaforex.com.

Rated 5 out of 5 stars

Very kind and helpful support

Very kind and helpful support, clear for understanding and orientation website and rich possibilities for Trading due to big number of Trading instruments. I am very satisfied.

August 23, 2026
InstaForex logo

Reply from InstaForex

Hello!
Thanks for your positive feedback. We wish you good luck!

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