Alison Heyerdahl
Edited by
Author
Alison Heyerdahl
Edited by
Alison Heyerdahl
Head of Content

Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast to help traders make informed, safe decisions.

Learn more about Alison Heyerdahl
Author
Author
Chris Cammack
Partner Manager and Financial Writer

Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience.

Learn more about Chris Cammack

InstaForex vs. Kimura Trading

In the fast-paced world of forex trading, choosing the right broker is crucial. InstaForex and Kimura Trading are two popular options, each with unique strengths and weaknesses. This comparison will dive into the key features of both platforms,helping you decide which one best suits your trading style and goals.

Select broker to compare

Regulations

Regulation
British Virgin Islands Financial Services CommissionFinancial Services Authority – St. Vincent & the Grenadines
Malta Financial Services Authority
Trading Desk Type
ECN/DMA
Market Maker
Trading Instruments
Commodities, Cryptocurrencies, Stock CFDs, Forex, Futures, Indices, Metals, WTIs
Commodities, Cryptocurrencies, Energies, Forex, Indices

Conditions

Forex Pairs
110
100
Crypto Pairs
12
5
Pros
  • Wide range of assets
  • Copy trading accounts
  • Low minimum deposit
  • Copy trading accounts
Cons
  • Expensive withdrawals
  • Limited education
  • Wide spreads
  • Low minimum deposit
  • Copy trading accounts
% Lose with this broker
71.71%
0
Leverage
30:1
30:1
Spread
0 pips
0.80 pips
Hedging
No
Yes
Scalping
No
Yes
Account Types
Cent.Eurica, Cent.Standard, ECN Pro, ECN VIP, ECN/ECN Scalping, Eurica account, Insta.Eurica, Insta.Standard, Islamic, OYS Account, Standard account
Retail
Islamic Account
Yes
Yes
Trading Platforms
MT4, MT5
AdvancedTrader, AFXfast, ATPro, AvaOptions, Avatrade Social, BDSwiss WebTrader, cTrader, MT4, MT5, Capital.com, CFXD, Clientportal, Cloud Trade, CMCmarkets, etoro, ETX, Exness Terminal, FBS App, FOREX.com Web Trader, FxProEdge, HFM Trading App, IBKRmobile, IKOFX, IQ option, IRESS, L2 Dealer, markets.com, MT Supreme, NAGA Web App, NinjaTrader, OctaTrader, Pepperstone Platform, Plus500, Proprietary, ProRealTime, ProTrader, R StocksTrader, SaxoTraderGO, Sirix, Skilling Trader, Spreadex, thinkorswim, ThinkTrader, Trader Workstation, TraderEvolution, TradeStation, trading212, TradingView, WebProfit, WebTrader, xStation5, Xtrade WebTrader, Zulu Trade
Funding Methods
Bitcoin, Neteller, Skrill, Sofort Banking
Bank Transfer, Maestro, Visa
Trading Commissions
Fees Included in Spread
Fees Included in Spread
Min. Deposit
USD 1
USD 0
Trading Cost
USD 30
USD 8
Visit site
InstaForex
Kimura Trading
Trust Rating
4
0
Trading Conditions
2
4.5
Trading Platforms
4
4
Deposit & Withdrawal
1
2.5
Assets Available
3.5
4
Education & Research
3
1.5
Customer Service
3
3.5
Beginner Friendly
2
2
Analysis Research
4
1
Overall Rating
3.02
/ 5
2.83
/ 5

How Do InstaForex and Kimura Trading Compare?

The radar chart above illustrates the comparison between InstaForex and Kimura Trading across several key metrics, with the highest possible score being 100 in each category.

Helping You Choose the Right Broker

At FxScouts, our mission is to assist traders in finding the broker that best suits their needs. Comparing brokers side-by-side is an effective method to achieve this goal. We evaluated InstaForex and Kimura Trading, using our standard criteria: trust and regulation, trading platforms, costs and trading conditions, and educational and market analysis resources.

Trust and Regulation

Trust and regulation are crucial when selecting a Forex broker. A broker’s credibility is largely built on its regulatory status. We spend considerable time verifying the safety of each broker by examining their regulatory licenses.  We also consider numerous factors when deciding which tier a regulator belongs to. Regulators that we rank as the world’s top regulators, gets a tier 1 rank, while regulators who only scores a tier 5-rank, provide virtually no regulatory oversight. The more top-tier authorities regulating a broker, the higher its trust rating. Read more about regulation and our tier system here.

In our comparison:

  • InstaForex holds no Tier 1 and no Tier 2 licences.
  • Kimura Trading holds one Tier 1 and no Tier 2 licences.

Based on these findings, InstaForex earned a higher trust rating than Kimura Trading.

Is InstaForex financially regulated?

No InstaForex is not adequately regulated.

Is Kimura Trading financially regulated?

Yes Kimura Trading was founded in 2014 and is regulated by MFSA.

Trading Costs Comparison

When comparing brokers, trading costs are a significant factor. We consider the minimum deposit required to open an account and ongoing costs, including spreads and commissions. We measure the cost to trade one lot of EUR/USD using the broker’s account with the lowest minimum deposit, including both the spread and any commission charged.

We found that Kimura Trading has overall lower trading costs than InstaForex.

Top Overall Brokers by Broker Score

Trading Platforms Offered

Trading Platforms Offered Traders prefer brokers that offer a variety of trading platforms. We rate brokers higher if they support multiple platforms like MetaTrader4, MetaTrader5, cTrader, and proprietary platforms.

  • Kimura Trading supports MT4 and MT5
  • InstaForex supports

Copy Trading Availability

Copy trading is beneficial for beginner traders or those unable to trade full-time. In this case both InstaForex and Kimura Trading offer copy trading.

Range of Trading Instruments

A broader range of CFD instruments provides more trading opportunities. InstaForex offers a greater variety of instruments compared to Kimura Trading:

  • InstaForex: 110 Forex pairs.
  • Kimura Trading: 100 Forex pairs.

Cryptocurrency Trading

For those interested in trading cryptocurrencies, InstaForex offers 12 cryptocurrencies, while Kimura Trading offers 5 cryptocurrencies. Therefore, InstaForex is the better choice for cryptocurrency trading.

Deposit and Withdrawal Processes

Traders prefer brokers with quick and cost-effective deposit and withdrawal processes. We favor brokers that process withdrawals within 24 hours using multiple methods without charging fees.We found that InstaForex charges a withdrawal fee and Kimura Trading does not. Overall, Kimura Trading has better deposit and withdrawal processes than InstaForex. 

Educational Support?

We often find that brokers offer very little in the way of educational materials, forcing traders to use other third-party sites or self-educate elsewhere. Beginner traders need well-structured, well-presented materials in multiple formats to get a good start at trading. More experienced traders also benefit from webinars led by experts in the field and advanced trading strategy sections with new trading ideas. 

InstaForex has better educational support than Kimura Trading. Both InstaForex and Kimura Trading offer educational support for more experienced traders.

Market Analysis Materials

Access to frequent and high-quality market research and analysis is crucial.

We found that InstaForex offers better research analysis than Kimura Trading and that both InstaForex and Kimura Trading offer frequent webinars.

Overall Verdict

  • InstaForex:

    Note: Due to numerous complaints about the broker and its lack of regulatory oversight, we do NOT recommend InstaForex. If you are looking for a good broker, look at some of our top brokers instead. 

    With a broad range of tradable instruments, excellent platform support, and fixed spread accounts, InstaForex appeals to traders who prefer predictable trading conditions. However, InstaForex's trading costs are significantly higher than average across all four of its trading accounts.

    A well-regulated broker, InstaForex offers trading on shares, indices, commodities, metals, energies, cryptocurrencies, futures, and over 100 Forex pairs - a much larger range than is typically available at other brokers.

    InstaForex offers four live instant execution accounts, all with a minimum deposit of 1 USD. Spreads are fixed at 3 pips (EUR/USD) on its commission-free accounts and 0 pips (EUR/USD) on it's commission-based accounts in exchange for a commission of 30 USD (round turn) per lot traded. These trading costs are significantly higher than other brokers, but don't vary with trade volume or market volatility.

    Both the MetaTrader 4 and MetaTrader 5 trading platforms are available, alongside two of InstaForex’s own web-based platforms. It also offers numerous trading tools, including VPS hosting services, various copy trading applications, and a number of technical analysis tools. 

    One drawback is that the educational materials are poorly presented and lack depth, making it a poor choice for beginner traders. However, InstaForex's market analysis materials are detailed and frequently updated to help traders make better trading decisions. 

  • Kimura Trading:

Overall Ratings

  • InstaForex: 3.02
  • Kimura Trading: 2.83

For more detailed reviews, please read our comprehensive assessments of InstaForex and Kimura Trading.

Exness
AvaTrade
FSCA, FSA-Seychelles
Regulators
ASIC, FSCA
Unlimited:1
Leverage
400:1
MT4, MT5
Platforms
MT4, MT5
0.1 pips
Min. Spread
0.9 pips
USD 3
Min. Deposit
USD 100
Pepperstone
XM
FCA, ASIC
Regulators
CySEC, ASIC
1000:1
Leverage
500:1
MT4, MT5
Platforms
MT4, MT5
0 pips
Min. Spread
0.6 pips
USD 0
Min. Deposit
USD 5
IC Markets
Pepperstone
CySEC, FSA-Seychelles
Regulators
FCA, ASIC
500:1
Leverage
1000:1
MT4, MT5
Platforms
MT4, MT5
0.1 pips
Min. Spread
0 pips
USD 200
Min. Deposit
USD 0
NAGA
FxPro
CySEC, FSA-Seychelles
Regulators
FCA, CySEC
1000:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0.7 pips
Min. Spread
0.4 pips
USD 10
Min. Deposit
USD 100
Fusion Markets
AvaTrade
ASIC, VFSC
Regulators
ASIC, FSCA
500:1
Leverage
400:1
MT4, MT5
Platforms
MT4, MT5
0 pips
Min. Spread
0.9 pips
AUD 0
Min. Deposit
USD 100
AvaTrade
Pepperstone
ASIC, FSCA
Regulators
FCA, ASIC
400:1
Leverage
1000:1
MT4, MT5
Platforms
MT4, MT5
0.9 pips
Min. Spread
0 pips
USD 100
Min. Deposit
USD 0
XM
HFM
CySEC, ASIC
Regulators
FCA, FSCA
500:1
Leverage
2000:1
MT4, MT5
Platforms
MT4, MT5
0.6 pips
Min. Spread
0.0 pips
USD 5
Min. Deposit
USD 0
HFM
IC Markets
FCA, FSCA
Regulators
CySEC, FSA-Seychelles
2000:1
Leverage
500:1
MT4, MT5
Platforms
MT4, MT5
0.0 pips
Min. Spread
0.1 pips
USD 0
Min. Deposit
USD 200
FBS
Pepperstone
ASIC, FSC
Regulators
FCA, ASIC
3000:1
Leverage
1000:1
MT4, MT5
Platforms
MT4, MT5
0.7 pips
Min. Spread
0 pips
USD 5
Min. Deposit
USD 0
Tickmill
Pepperstone
CySEC, FCA
Regulators
FCA, ASIC
500:1
Leverage
1000:1
MT4, MT5
Platforms
MT4, MT5
0.0 pips
Min. Spread
0 pips
USD 100
Min. Deposit
USD 0
Unbiased Expertise

Independent, in-depth reviews and comparisons of all well-regulated Forex brokers, empowering you to make informed choices.

Educational Resources

Comprehensive guides for all levels, from the basics of Forex to advanced strategies tailored for your experience.

Transparent Information

A focus on facts, accuracy, and up-to-date data to give you the insights you need to succeed in your Forex journey.

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Best Brokers Uganda 2026

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Countries Regulated
Minimum Spread EUR/USD
Minimum Deposit
Trading cost/lot EURUSD
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
Broker Score
Broker Website
Select and Compare
FSCA Regulated Forex BrokersThe Seychelles Financial Services AuthorityCapital Markets AuthorityBritish Virgin Islands Financial Services Commission
Financial Services CommissionJordan Securities Commission
0.10 pips
USD 3
USD 7
Visit Broker
71.67% of retail CFD accounts lose money
FCA Regulated BrokersASIC Regulated Forex BrokersCySEC Regulated BrokersDubai Financial Services Authority
Bundesanstalt für FinanzdienstleistungsaufsichtSecurities Commission of the BahamasCapital Markets Authority
0 pips
USD 0
USD 10
Visit Broker
75.3% of retail CFD accounts lose money
CySEC Regulated BrokersThe Seychelles Financial Services AuthoritySecurities Commission of the BahamasCapital Markets Authority
0.10 pips
USD 200
USD 8
Visit Broker
70.81% of retail CFD accounts lose money
CySEC Regulated BrokersThe Seychelles Financial Services AuthorityFinancial Regulatory Services Authority
0.70 pips
USD 10
USD 17
Visit Broker
77.41% of retail CFD accounts lose money
ASIC Regulated Forex BrokersVanuatu
0 pips
AUD 0
USD 4.50
Visit Broker
89% of retail CFD accounts lose money
ASIC Regulated Forex BrokersFSCA Regulated Forex BrokersCySEC Regulated BrokersFinancial Services Agency
Central Bank of IrelandFinancial Regulatory Services AuthorityIsrael Securities Authority
0.90 pips
USD 100
USD 9
Visit Broker
76% of retail CFD accounts lose money
CySEC Regulated BrokersASIC Regulated Forex BrokersDubai Financial Services AuthorityInternational Financial Services Commission
0.60 pips
USD 5
USD 6
Visit Broker
75.18% of retail CFD accounts lose money
FCA Regulated BrokersFSCA Regulated Forex BrokersDubai Financial Services AuthorityFinancial Services Commission
The Seychelles Financial Services AuthorityCapital Markets Authority
0 pips
USD 0
USD 10
Visit Broker
72.90% of retail CFD accounts lose money
ASIC Regulated Forex BrokersInternational Financial Services Commission
0.70 pips
USD 5
USD 7
Visit Broker
69.21% of retail CFD accounts lose money
CySEC Regulated BrokersFCA Regulated BrokersFSCA Regulated Forex BrokersThe Seychelles Financial Services Authority
Dubai Financial Services Authority
0 pips
USD 100
USD 6
Visit Broker
74% of retail CFD accounts lose money
Exness
4.3
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Countries Regulated
regulatorregulatorregulatorregulator
regulatorregulator
Minimum Spread EUR/USD
0.1 pips
Minimum Deposit
USD 3
Trading cost/lot EURUSD
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 7
Pepperstone
4.6
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Countries Regulated
regulatorregulatorregulatorregulator
regulatorregulatorregulator
Minimum Spread EUR/USD
0 pips
Minimum Deposit
USD 0
Trading cost/lot EURUSD
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 10
IC Markets
4.5
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Countries Regulated
regulatorregulatorregulatorregulator
Minimum Spread EUR/USD
0.1 pips
Minimum Deposit
USD 200
Trading cost/lot EURUSD
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 8
NAGA
4.1
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Countries Regulated
regulatorregulatorregulator
Minimum Spread EUR/USD
0.7 pips
Minimum Deposit
USD 10
Trading cost/lot EURUSD
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 17
Fusion Markets
4.4
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Countries Regulated
regulatorregulator
Minimum Spread EUR/USD
0 pips
Minimum Deposit
AUD 0
Trading cost/lot EURUSD
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 4
AvaTrade
4.6
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Countries Regulated
regulatorregulatorregulatorregulator
regulatorregulatorregulator
Minimum Spread EUR/USD
0.9 pips
Minimum Deposit
USD 100
Trading cost/lot EURUSD
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 9
XM
4.5
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Countries Regulated
regulatorregulatorregulatorregulator
Minimum Spread EUR/USD
0.6 pips
Minimum Deposit
USD 5
Trading cost/lot EURUSD
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 6
HFM
4.4
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Countries Regulated
regulatorregulatorregulatorregulator
regulatorregulator
Minimum Spread EUR/USD
0.0 pips
Minimum Deposit
USD 0
Trading cost/lot EURUSD
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 10
FBS
4.3
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Countries Regulated
regulatorregulator
Minimum Spread EUR/USD
0.7 pips
Minimum Deposit
USD 5
Trading cost/lot EURUSD
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 7
Tickmill
4.6
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Countries Regulated
regulatorregulatorregulatorregulator
regulator
Minimum Spread EUR/USD
0.0 pips
Minimum Deposit
USD 100
Trading cost/lot EURUSD
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 6
Click here

Let's Talk Forex with Alison & Chris


Alison and Chris cover a range of topics, including how to choose a Forex broker, safety and regulation, how to reduce your risk, trading psychology, trading platforms, and trading strategies, among others.

The FxScouts podcast helps beginner Forex traders get the best start to their trading careers.