instaforex Alternatives: 2024 Update
This alternatives to instaforex guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to instaforex to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to instaforex like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their customers. If you feel that instaforex is not quite right for you then it would be worth getting a demo account with some of the best instaforex alternatives and check if they are a better fit for you before moving any money around.
The most detailed guide to instaforex alternatives on the web
There's many reasons instaforex may not be a good fit for your trading needs. For whatever reason you are hunting for a better instaforex alternative or instaforex competitor with better services, we will always try to give you as much helpful information so you can make an informed decision. Below you can discover the best instaforex alternatives.
For each of the below alternative to instaforex, we also highlight the key differences to instaforex and for each platform feature show you the best alternatives. For every instaforex alternative online broker listed we also have detailed trading platform reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unhappy with instaforex, we can show you some great alternative brokeragesbrokers|online trading platforms|brokerages.
Trading with a reputable and dependable trading platform is important for having a successful trading career. All of the instaforex alternative brokers listed in this instaforex alternatives guide have good reputations and can fit what you are looking for.
Alternatives With Lower Minimum Deposit
instaforex has a minimum desposit of $250, you can see how the minimum deposit requirements of instaforex compare with the minimum deposits of instaforex competitors. Trading platforms often have lower minimum deposits to get traders to join with them, but having higher a minimum deposit requirement isn’t always a bad thing, it all depends on your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
instaforex |
$250 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| IC Markets |
$200 |
Alternatives Offering Demo Accounts
instaforex offers demo accounts so you can learn their systems before risking any real money. Newbie traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before signing up for a live account.
Below we show some of the best alternatives to instaforex that have virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
instaforex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
instaforex has negative balance protection. It's especially offered when the market volatility keeps customers from letting their account go into the red. In a situation like this, instaforex offers the ability to reset a customers account balance to zero.
You are able to go through the critical terms and conditions on instaforex's site to understand their policies better.
Below we show some of the best alternatives to instaforex that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
instaforex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
instaforex provide a guaranteed Stop Loss order.
When there is no free margin left together with the customer, instaforex will stop your own positions. If the losses in the ceased out location exceeds your account balance, you might experience a negative account balance.
Below we show some of the best instaforex alternatives that have guaranteed stop loss available for their customers.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
instaforex |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| FreshForex |
Yes | |
| London Capital Group (LCG) |
Yes |
Alternatives Offering Scalping
No, the stipulations of instaforex do not condone scalping. It is a trading technique that is not permitted on the broker's platform. You should consult with instaforex's terms and conditions to see more about its own policies.
Below we list some of the top alternatives to instaforex that allow scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
instaforex |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
instaforex do permit hedging. Several traders throughout the world choose instaforex due to their large range of services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
Below we show some of the best alternatives to instaforex that allow hedging services to their customer base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
instaforex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, instaforex offers social trading which encompasses leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is independent copy trading..
Below we detail some of the top instaforex alternatives that offer social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
instaforex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
instaforex's copy trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of social trading.
Below we list some of the top alternatives to instaforex that have copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
instaforex |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare instaforex To All Other Brokers