InstaForex Fees and Commissions 2024: How Much Does Trading Cost?

Discover InstaFX’s 2024 fees, including trading, withdrawal, and inactivity fees. Learn about spreads, commissions, and overnight charges for a transparent trading experience.

InstaForex offers different account types that follow distinct pricing models, which determine how trading costs are applied. Some accounts operate on a commission-based structure, where trades have no spread but incur a fee per trade. Other accounts use a spread-based structure, where no commission is charged, but the cost of trading is included in the difference between the buy and sell prices.

For example, the accounts known as Insta.Eurica and Cent.Eurica, mentioned in the Instaforex General review page, use a commission-based model, meaning that traders pay a fixed commission for each trade, while spreads are effectively zero. In contrast, Insta.Standard and Cent.Standard accounts are commission-free, but the cost of trading is built into the spreads, which generally range from approximately three to seven pips, depending on market conditions.

This distinction between commission-based and spread-based accounts allows traders to select an account that aligns with their trading style and strategy. Those who prefer a clear, fixed commission per trade may choose Eurica accounts, while traders who are more concerned with spreads and prefer not to pay a separate commission might use Standard accounts. Overall, InstaForex applies these pricing models consistently across its account types, providing transparency in how trading costs are calculated and allowing traders to understand the financial impact of their trades before opening positions.

InstaForex Trading Fees

When trading with InstaForex, you should be aware of the different types of fees that may apply. These costs depend on your account type, the instruments you trade, and in some cases, your location. Below is a breakdown of the main fees you might encounter.

 Spreads (Forex Trading Cost)

The spread is the difference between the buy and sell price of a currency pair. This is the main cost for most Forex traders.

• On Standard accounts, spreads may be fixed.
• On ECN accounts, spreads are usually variable, and they can sometimes be lower.

The spread applies to every trade you place, no matter your account type, so it’s an unavoidable trading cost.

 Commissions

While Forex trading on most accounts uses only spreads, commissions are charged on ECN accounts and MT5 instruments such as stocks and CFDs.

• A commission is charged when you open a trade and again when you close it.
• For example, ECN accounts may charge around €2 per lot, with VIP clients benefiting from lower rates.
• Many Forex pairs on ECN accounts carry zero commission, relying only on spreads.

Swap / Overnight Holding Fees

If you keep a trade open overnight, you will usually pay a swap fee. This is also called a rollover or overnight financing fee.

• It applies globally, for both EU and non-EU clients.
• The only way to avoid it is by choosing a swap-free account (often offered for religious reasons).

Custody Fees (EU OYS Portfolios Only)

InstaForex also offers OYS managed investment portfolios through its EU-regulated branch (under CySEC). For these accounts, an additional custody fee of 0.011% per year is charged.

• This fee is charged on top of normal spreads and commissions.
• It applies only to European Union clients using OYS portfolios.

Profit-Sharing Fees (EU OYS Portfolios Only)

If you invest in OYS managed portfolios under the EU entity, a profit-sharing fee also applies.

• InstaForex takes 20% of profits that are above €2,000 per quarter.
• This is charged whether or not you withdraw your money.

Deposit Fees

InstaForex does not charge deposit fees. However, if you use a payment provider (like a bank, e-wallet, or card), that provider may charge a service fee. This applies globally.

Withdrawal Fees

Just like deposits, InstaForex does not charge you for withdrawals. But again, your payment method or provider may apply a fee. This depends on the service you choose (e.g., bank transfer, credit card, Skrill, Neteller, etc.).

Currency Conversion Fees

If you deposit or withdraw in a different currency than your trading account, InstaForex will apply a conversion fee. This is not a direct charge but comes from the exchange rate margin. It applies worldwide.

Inactivity Fees

Some brokers charge if you leave your account inactive for too long. With InstaForex, there is no confirmed inactivity fee. Their official documents and EU website do not mention such a charge.

Key Takeaways

• For regular Forex trading, the main costs are spreads, commissions (on some accounts), and swap fees.
• Extra fees like custody and profit-sharing apply only if you use EU-regulated OYS managed portfolios.
• Deposits and withdrawals are free from InstaForex’s side, but you may pay fees to your bank or payment provider.

• There is no official inactivity fee, which is good news for traders who don’t trade regularly.

   

InstaForex Non-Trading Fees

Apart from the costs related to opening and closing trades (such as spreads, commissions, and swaps), InstaForex clients may also face non-trading fees. These are charges that are not linked directly to trading activity but instead to account management, deposits, withdrawals, or special investment products.

Custody Fee (EU OYS Portfolios Only)

For clients using OYS managed investment portfolios through InstaForex’s EU-regulated entity (CySEC), there is an annual custody fee of 0.011%.

• This is charged on top of spreads and commissions.
• It applies only to clients under the EU regulatory framework, not global clients.

Profit-Sharing Fee (EU OYS Portfolios Only)

In addition to custody charges, InstaForex takes a profit-sharing fee on OYS managed portfolios.

• The broker charges 20% of profits above €2,000 per quarter.
• This fee is applied even if the client does not withdraw funds from Instaforex.
• Like the custody fee, this applies only to EU clients using OYS portfolios.

Deposit Fees

InstaForex does not charge deposit fees itself. However, if you use third-party providers such as banks, credit cards, or e-wallets, those services may apply their own charges.

• This policy applies globally.

• The actual cost depends on your payment provider.

   

Withdrawal Fees

Similarly, InstaForex does not charge withdrawal fees. Any costs that occur come from your chosen payment system.

• Fees vary depending on the withdrawal method (e.g., bank transfers often cost more than e-wallets).
• This policy also applies worldwide.

Currency Conversion Fees

If you make a deposit or withdrawal in a currency different from your account’s base currency, InstaForex will apply a currency conversion margin.

• This is not a fixed fee but is built into the exchange rate.
• It applies globally.

 Inactivity Fee

Many brokers charge clients if their accounts remain inactive for a long period. However, InstaForex does not officially list an inactivity fee in its documentation or EU FAQs.

• Reports online sometimes mention it, but there is no official confirmation from InstaForex.

FAQs

What are the InstaFX withdrawal fees?

InstaFX’s withdrawal fees vary based on the payment method used. For example, bank transfers have a fee of 2%, while card withdrawals charge 2.5% plus 3.50 EUR/USD. You can refer to the detailed breakdown above for more specifics.

What is the InstaFX inactivity fee?

InstaFX charges a monthly inactivity fee of 5 EUR if there has been no trading activity for three months. The fee is applied monthly until trading resumes or the account balance reaches zero.

Are there any hidden fees with InstaFX?

No, InstaFX maintains a transparent fee structure. All trading and non-trading fees, such as spreads, commissions, and withdrawal costs, are clearly stated on their website, helping traders understand the full cost of trading in advance.