Compare InstaForex vs Weltrade
What is InstaForex? What is Weltrade ?
InstaForex is an international broker that offers trading and analytical technologies, as well as additional services, for Forex trading. It has been operating since 2006 and has more than 600,000 clients in 180 countries. It also offers various bonuses, promotions and contests for traders.
Weltrade is also an international broker that offers trading CFDs on Forex, stocks, commodities, indices and cryptocurrencies. It was founded in 2006 by a group of professionals with a common interest in international finance and IT. It also offers various tools, bonuses and rewards for traders.
InstaForex vs Weltrade Regulation Comparison
Both InstaForex and Weltrade are regulated by reputable authorities in different jurisdictions. Here is a table that shows their licenses and regulators:
Broker | License | Regulator |
---|---|---|
InstaForex | BVI FSC SIBA/L/14/1082 | British Virgin Islands Financial Services Commission |
Weltrade | FSCA FSP No. 50687 | Financial Sector Conduct Authority of South Africa |
InstaForex vs Weltrade Trading Assets Comparison
Both InstaForex and Weltrade offer a wide range of trading instruments, including Forex, CFDs, indices, futures and cryptocurrencies. However, Weltrade has more options for trading stocks and commodities than InstaForex. Here is a table that shows the number of available instruments for each category:
Broker | Forex | Stocks | Commodities | Indices | Cryptocurrencies |
---|---|---|---|---|---|
InstaForex | 107 | 88 | 34 | 26 | 5 |
Weltrade | 50+ | 300+ | 50+ | 20+ | 40+ |
InstaForex vs Weltrade Trading Fees Comparison
Both InstaForex and Weltrade charge fees for trading, such as spreads, commissions and swaps. However, the exact amount of fees depends on the account type, the trading instrument and the market conditions. Here is a table that shows some examples of average fees for some popular instruments:
Broker | EUR/USD Spread | GBP/USD Spread | Gold Spread | Bitcoin Spread |
---|---|---|---|---|
InstaForex (Standard Account) | 3 pips | 5 pips | $0.8 per ounce | $15 per coin |
Weltrade (Pro Account) | 0.5 pips + $8 per lot commission | 0.9 pips + $8 per lot commission | $0.2 per ounce + $8 per lot commission | $10 per coin + $8 per lot commission |
InstaForex vs Weltrade Account Types Comparison
Both InstaForex and Weltrade offer different types of accounts for different levels of traders, with different features and benefits. Here is a table that shows some of the main characteristics of each account type:
Broker | Account Type | Minimum Deposit | Maximum Leverage |
---|---|---|---|
InstaForex (Standard Account) | Standard Account (for beginners) or ECN Account (for professionals) or PAMM Account (for investors) or Crypto Account (for digital currencies) or Swap-free Account (for Islamic traders) or Demo Account (for practice) or Contest Account (for competitions) or Partner Account (for affiliates) or Bonus Account (for promotions) or Club Account (for loyalty program) or Scalping Account (for short-term traders) or Hedging Account (for risk management) or Cent Account (for micro lots) or Segregated Account (for funds safety) or VIP Account (for premium services) or Copy Trading Account (for social trading) or MT5 Account (for MetaTrader 5 platform) or MT4 Account (for MetaTrader 4 platform) or WebTrader Account (for web-based platform) or MobileTrader Account (for mobile app) or MultiTerminal Account (for managing multiple accounts) | $1 | 1:1000 |
Weltrade (Pro Account) | Micro Account (for beginners) or Premium Account (for experienced traders) or Pro Account (for professionals) or ZuluTrade Account (for social trading) or Crypto Account (for digital currencies) or Demo Account (for practice) or Partner Account (for affiliates) or Bonus Account (for promotions) or MT5 Account (for MetaTrader 5 platform) or MT4 Account (for MetaTrader 4 platform) or WebTrader Account (for web-based platform) or MobileTrader Account (for mobile app) | $25 | 1:1000 |
InstaForex vs Weltrade Deposit Options Comparison
Both InstaForex and Weltrade offer various methods for depositing and withdrawing funds from your trading account, such as wire transfer, credit card, e-wallets and cryptocurrencies. However, the availability, speed and fees of each method may vary depending on your country and currency. Here is a table that shows some of the most popular methods for each broker:
Broker | Deposit Method | Withdrawal Method |
---|---|---|
InstaForex | Bank Wire, Visa, Mastercard, Skrill, Neteller, Bitcoin, Ethereum, Litecoin, Ripple, USDT and more | Bank Wire, Visa, Mastercard, Skrill, Neteller, Bitcoin, Ethereum, Litecoin, Ripple, USDT and more |
Weltrade | Bank Wire, Visa, Mastercard, Skrill, Neteller, Perfect Money, FasaPay, WebMoney, Bitcoin and more | Bank Wire, Visa, Mastercard, Skrill, Neteller, Perfect Money, FasaPay, WebMoney, Bitcoin and more |
InstaForex vs Weltrade Trading Platforms Comparison
Both InstaForex and Weltrade offer the MetaTrader 4 and MetaTrader 5 platforms as their main trading platforms. These are the most popular and advanced platforms in the industry that offer various features and tools for traders. They also offer web-based and mobile versions of these platforms for convenience and accessibility.
InstaForex vs Weltrade Analytical Tools Comparison
Both InstaForex and Weltrade offer various analytical tools for traders to help them make informed decisions and improve their performance. These include market news, economic calendar, trading signals, technical analysis tools and indicators.
InstaForex vs Weltrade . Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals, risk appetite, budget and level of experience. You can compare the features, benefits, and limitations of each broker and decide which broker is right for you. You can also research and read user reviews to better understand the quality and reputation of each broker. Ultimately, the best forex broker for you is the one that meets your needs and expectations.