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Is InstaForex safe and legit?

Short answer, from public records

InstaForex states licences from FSC BVI. We haven't matched any on a register yet. There are 3 regulator warnings naming the firm itself.

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InstaForex reviewLicences, costs, platforms and accounts

Licences

Full broker page
  • Stated by brokerFSC BVI SIBA/L/14/1082InstaFinance Ltd

Regulator warnings

All warnings

3 naming the firm itself

⚠ CSA: CSA investor alert (ASC (AB))

⚠ CSA: CSA investor alert (MSC (MB))

⚠ CSA: CSA investor alert (OSC (ON))

0 look-alike site warnings (these copy the name; they are not InstaForex)

Real site: https://www.instaforex.com/

Trustpilot

Not read yet. Read on Trustpilot ↗

Scam red flags to check yourself

  • Someone contacts you first (WhatsApp, Telegram, Instagram, dating apps) and offers to trade for you.
  • Guaranteed or fixed returns, or “no-loss” accounts.
  • A web address that is close to, but not exactly, the broker's real site.
  • Pressure to deposit more before you can withdraw, or “tax/fees” to release your money.
  • The licence number on the site doesn't match the regulator's register, or the company name differs.

See Spotting scams in the Academy, or report a scam.

Questions

Is InstaForex safe?

InstaForex states licences from FSC BVI. We haven't matched any on a register yet. There are 3 regulator warnings naming the firm itself. We don't say whether a broker is safe for you. Check the licence number on the regulator's register before you deposit.

Is InstaForex regulated?

InstaForex states licences from FSC BVI. Which entity you sign up with depends on your country, and protections differ by regulator.

Are there fake InstaForex websites?

We found no regulator warnings about look-alike sites for InstaForex. Still type the address yourself: https://www.instaforex.com/

Which InstaForex company holds the FSC BVI licence (British Virgin Islands)?

InstaFinance Ltd, licence number SIBA/L/14/1082. This is what the broker or a source states; we haven't matched it on the register. Check it yourself on the register: https://www.bvifsc.vg/regulated-entities

Which regulators have warned about InstaForex?

CSA: CSA investor alert (ASC (AB)). CSA: CSA investor alert (MSC (MB)). CSA: CSA investor alert (OSC (ON)).

Facts from public sources, not advice. Info may be out of date or wrong. Always check with the regulator before you trade.