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InstaForex in Saudi Arabia — review, licence and costs
Score (5 of 6 axes scored)
shown, not ranked: no cost
- Reviews25%10
- Safety20%0
- Payouts15%94.2
- Track record10%95
- Platforms10%80
Numbered by weight: axis 1 counts for most.
Key facts (5 facts)
- Onboarding entity
- Offshore BVI entity
- Founded
- 2007
- Retail leverage
- 5000SA
- Currencies
- USD, EUR, RUB
- Swap-free account
- yes
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Licence check
Open an account with InstaForexThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards Saudi Arabia residents
- Offshore BVI entity
- Local standing
- No Saudi CMA licence
- Licence as the register states it
- BVI FSC
- Leverage for this entity
- Up to 1:5000
- The firm behind it
- Founded in 2007
- What we hold against it
- No Saudi licence
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Saudi residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youNo Saudi CMA licence
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Accounts
Account types the broker names for this country: Standard, Cent, Islamic. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where InstaForex sits in the Saudi Arabia base(80 brokers)
Round-turn cost, USD (70 of 80 priced)
Median 6.6 USD · range 1.5-20 · 10 of 80 brokers do not publish it
Minimum deposit, USD (5 of 80 priced)
Median 5 USD · range 0-200 · this broker 1 USD · 75 of 80 brokers do not publish it
Retail leverage (58 of 80 with a Saudi Arabia figure)
Median 1:500 · range 1-5000 · this broker 1:5000 · 22 of 80 brokers do not publish it
Withdrawal time published (80 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (3 methods · 0 local rails)
Cards, bank wire, e-wallets
- Cards
- Bank wire
- E-wallets
- Account currency
- USD, EUR, RUB
- Fee declared
- 3 of 3 methods
- Withdrawal back to
- the funding method
Where it does not serve(10 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(3 platforms)
- MT4
- MT5
- WebTrader
Identical for every row: Min spread 3 · Leverage 5000 SA.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 3.2 | 5, 105 |
Share of reviewers in Saudi Arabia: — The platform does not publish it.
Pros and cons(5 for and 4 against, each tied to a figure on this page)
- Min deposit 1 USD, under the Saudi Arabia median 5
- Withdrawal in 7 h, one of 75 of 80 brokers here that publish a time
- Swap-free account available
- Track record 95 of 100, its strongest of 5 scored axes
- 3 platforms: MT4, MT5, WebTrader
- Round-turn cost not priced: the pair of spread and commission is not published
- No Saudi Arabia authorisation on file: the entity that onboards you is licensed elsewhere
- Safety 0 of 100, its weakest of 5 scored axes
- Not scored on round-turn cost: the broker publishes no figure we could read
Alternatives in Saudi Arabia(5 of 80 scored in Saudi Arabia)
- Round turn, USD
- 7SA
- Min deposit, USD
- 5 groupSA
- Leverage
- 500 group
- Rank in this country
- #9
- Round turn, USD
- 6SA
- Min deposit, USD
- 10 groupSA
- Leverage
- 3000 group
- Rank in this country
- #12
- Round turn, USD
- 6SA
- Min deposit, USD
- 0 groupSA
- Leverage
- 2000SA
- Rank in this country
- #16
- Round turn, USD
- 7SA
- Min deposit, USD
- 0 groupSA
- Leverage
- 1000SA
- Rank in this country
- #6
- Round turn, USD
- 4.8SA
- Min deposit, USD
- 0 groupSA
- Leverage
- 500SA
- Rank in this country
- #8
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Saudi Arabia score. Full methodology
| Axis | Weight | What is measured | InstaForex |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 10 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | — |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 94 |
| Track record | 10% | Years since the firm was founded, from its own filings | 95 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 80 |
FAQ
- Does InstaForex accept residents of Saudi Arabia?
- No. No Saudi CMA licence Onboarding entity: Offshore BVI entity
- Is InstaForex licensed to serve clients in Saudi Arabia?
- BVI FSC Checked on 11.10.2026.
- What leverage does InstaForex offer to retail clients in Saudi Arabia?
- Up to 1:5000. leverageGeo: Up to 1:5000
- Which trading platforms does InstaForex support?
- MT4, MT5, WebTrader. Instruments: 400+ instruments
- How can I withdraw money from InstaForex in Saudi Arabia?
- Cards, bank wire, e-wallets
- What account types does InstaForex offer?
- Standard, Cent, Islamic
- Does InstaForex offer a swap-free (Islamic) account?
- Yes. InstaForex offers a swap-free (Islamic) account to Saudi Arabia residents.