InstaForex Reviews & Ratings

License: FFMS Russia

USA Accepted: No

Trust Score: 80

User Rating: No Reviews


Quick summary

Huge on sponsorships (including EPL giants Liverpool FC) and huge on giveaways. In fact, at the end of 2019 they are giving away a Lamborghini Huracan to a lucky winner at random. Their product offering is diverse and covers everything imaginable to do with trading, whether you enjoy making the trades yourself or if you simply want to invest money into a managed fund.

Perhaps with so many options and information that seems endless, brand new traders might be overwhelmed and opt for another broker who makes it simpler to ease into forex trading.

InstaForex User Reviews

No user reviews submitted yet

What is Trust Score?

This is a rating out of 100 which we calculate for each broker based on a combination of factors, all of which you will find below on the scorecard.

Every broker starts with a base score of 100 and we subtract points according to what criteria they match in each category.

Whilst Trust Score provides a good insight into the broker's reputation, our overall rankings are based off our own thorough reviews plus the user reviews. Therefore, brokers with a high Trust Score aren't always guaranteed to be ranked at the top.

InstaForex Scorecard - 80 / 100

Major sponsorships: InstaForex don't hold back on sponsorships, amassing an imprepssive list of sports stars representing their brand. Their biggest ambassador is English Premier League club Liverpool FC. They also sponsor Italian side Palermo, tennis players Janko Tipsarevic and Victoria Azarenka, 8-time Winter Olympics Gold medalist Ole Einar Bjørndalen and several motor racing teams. 

Category & Criteria Point Deduction Score
Years in operation
Over 10 years 0 0
Between 5-10 years -1 0
Between 1-5 years -2 0
Less than a year -10 0
Contact methods
No phone number -10 0
No e-mail address -10 0
No live chat -2 0
Social media accounts
No Facebook page -5 0
No LinkedIn page -5 0
No Twitter account -3 0
No YouTube channel -1 0
No Google+ account -1 0
No Instagram account -1 0
App acceptances
Not on Apple App Store -5 0
Not on Google Play -5 0
Major partnerships / Public Exposure
No major partnerships -5 0
Client security
No negative balance protection -20 -20

 

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