Contest starts: Every week. Contest held from Monday 00:00 till Friday 23:59:59 (terminal time).
To participate: Register a demo account
$400
«2»
$500
«1»
$300
«3»
Prizes:
1 place - 500 USD
2 place - 400 USD
3 place - 300 USD
4 place - 200 USD
5 place - 100 USD
How to get: Trader with the largest accounts by the end of the contest win. In order to obtain a prize, each winner shall fulfill the following requirement: at least 5% of the total profit has to be derived from trading results on GBPUSD and 5% of the total profit from trading results on GBPJPY.
Trading with EAs: Participants may use Expert Advisors and any trading strategies without any restrictions.
Withdrawal: Prize money cannot be withdrawn, while profits made while trading can .
Restrictions: A Participant who has taken one of the prize-winning places in the Contest cannot pretend to the prize next month.
See guys, listen!
Traders come up here to write negative comments without being transparent enough to state what happened...
I have participated several times in IFX competitions and I have won several prices. I was able to get some but I was denied some.
To say the truth, there's one I was disqualified from because, that was due to my fault, and I knew it then! I was still trading after the time designated for the competition was over, it happened that the market in that particular competition was still running and I was still trading, which is not supposed to be. Even though I was one of those in 1st 5th position but unfortunately for me I even lost within that time and reduced in my position. But after the check I was denied. Upon questioning them on this, I was directed to Clause 5.7. it stated I wouldn't be told the reason. I guessed they didn't want to open up so that they would know traders that would have integrity enough to avoid that kind of practice. But I knew what I did and I kept quiet.
Another reason for denying me in others was due to IP match when I used to use 3G modem data. That happened several times. But I have overcome that now as I used LTE 4G internet.
Then regarding the issues of verification: it's a serious matter! IFX takes it very seriously. If you don't meet their requirements you will never be verified. But the conditions are stated on their verification page, even with illustrative examples.
If you are unable to fulfill all these, or you are unfortunate to fall into any of these conditions of trade cancellations you will be thinking they're scam, but they are not!
carpe
April 21, 2025
1
Hi traders,
Just to share with the community that I won two prizes in March (2nd place in FX1 Rally and 2rd place in Sniper) but I couldn't reach the required 3rd verification level. After send a bunch of files through cabinet and trying Instaverify app - which didn't work at all in my case - all of them rejected unfortunately I have decided to permanently abandon any activity at Instaforex. I've been competing in Instaforex contests since 2013. I no longer feel that Instaforex is trustworthy.
You can visit my review on Trustpilot here: https://pt.trustpilot.com/reviews/67ffe72f6af2028a1032e550
Trader
March 29, 2024
I won demo contest and get prize, after requesting withdrawal of profit. my account blocked!!!
It is a very suspicious company and be careful
vtrader
February 16, 2022
Unfortunately, your contest account was disqualified due to the results of the final check. The reason for disqualification is failure to comply with the clause 5.7 of contest rules:
“The Organizer reserves the right to decline the Participant's registration request without reasoning and disqualify the Participant, either during the Contest or after it has finished, upon direct or indirect evidence of attempted fraudulent operations with the prize funds.”
We are sorry for the inconvenience.
Thank you for participation and good luck.
Amir
August 4, 2020
scam
artery65
July 9, 2020
all time you wanna proof of address and I do it and you wanna another thing
you dont have arabic character just have latin
I write my address in latin character and my proof of address because of my languace is persian and arabic character
and your partner said that its not match i send google translate of my address and they didnt accept
my bank statment in persian and I have to write address in your case latin now what do you do?
more than month the same problem
account num : 71420935
and win contest num :68035579
IFX Yvonne
July 3, 2020
Dear Artery65,
We kindly ask you to please refrain from accusing us. May I get your trading account number so we can further assist you?
artery65
June 28, 2020
it is scammmmm
I win contest in 3rd place
and know all the time I wanna to verify my documents they never do this
dont waste your time it is scam broker
IFX Yvonne
November 27, 2018
Hi Trader,
We regularly holds interesting Forex contests allowing participants to prove their trading experience. Visit our website for more details.
Trader
October 8, 2018
Hi Trader,
Could you please specify what do you exactly mean so we can assist you?
Trader
August 19, 2018
They cancelled all their contests…?
Linly
March 18, 2016
5
It services are great, especially PAMM and ForexCopy systems, thanks to both I could get my first earnings.
Frank
March 4, 2016
5
I have just started trading at InstaForex and I am still getting used to the platform MT4, my first deposit was very fast I did it via credit card visa, they have a lot of options available in your cabinet, which I think is very complet because you can do pratically everything from there things like asking for a call when you need some help, and get informed and register the services you need. The client area in IstaForex website is really practical.
Damie
February 24, 2016
5
Compared to Hotforex, Instaforex is better because the spreads are affordable and fixed. This company kept developing new tools and services. Everything is here.
Gabrielpip000
February 23, 2016
5
Very proud to be client of InstaForex as thanks to this amazing broker, I could pay off all my debts in a short time of period. I started in this market as a newbie but it wasn't a problem as InstaForex provided me all necessary literature in its website and took its courses and webinars. Its reps are very professional, too and help me to solve all my concerns faster.
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Comments:
Ojo
April 24, 2026See guys, listen!
Traders come up here to write negative comments without being transparent enough to state what happened...
I have participated several times in IFX competitions and I have won several prices. I was able to get some but I was denied some.
To say the truth, there's one I was disqualified from because, that was due to my fault, and I knew it then! I was still trading after the time designated for the competition was over, it happened that the market in that particular competition was still running and I was still trading, which is not supposed to be. Even though I was one of those in 1st 5th position but unfortunately for me I even lost within that time and reduced in my position. But after the check I was denied. Upon questioning them on this, I was directed to Clause 5.7. it stated I wouldn't be told the reason. I guessed they didn't want to open up so that they would know traders that would have integrity enough to avoid that kind of practice. But I knew what I did and I kept quiet.
Another reason for denying me in others was due to IP match when I used to use 3G modem data. That happened several times. But I have overcome that now as I used LTE 4G internet.
Then regarding the issues of verification: it's a serious matter! IFX takes it very seriously. If you don't meet their requirements you will never be verified. But the conditions are stated on their verification page, even with illustrative examples.
If you are unable to fulfill all these, or you are unfortunate to fall into any of these conditions of trade cancellations you will be thinking they're scam, but they are not!
carpe
April 21, 2025Hi traders,
Just to share with the community that I won two prizes in March (2nd place in FX1 Rally and 2rd place in Sniper) but I couldn't reach the required 3rd verification level. After send a bunch of files through cabinet and trying Instaverify app - which didn't work at all in my case - all of them rejected unfortunately I have decided to permanently abandon any activity at Instaforex. I've been competing in Instaforex contests since 2013. I no longer feel that Instaforex is trustworthy.
You can visit my review on Trustpilot here: https://pt.trustpilot.com/reviews/67ffe72f6af2028a1032e550
Trader
March 29, 2024I won demo contest and get prize, after requesting withdrawal of profit. my account blocked!!!
It is a very suspicious company and be careful
vtrader
February 16, 2022Unfortunately, your contest account was disqualified due to the results of the final check. The reason for disqualification is failure to comply with the clause 5.7 of contest rules:
“The Organizer reserves the right to decline the Participant's registration request without reasoning and disqualify the Participant, either during the Contest or after it has finished, upon direct or indirect evidence of attempted fraudulent operations with the prize funds.”
We are sorry for the inconvenience.
Thank you for participation and good luck.
Amir
August 4, 2020scam
artery65
July 9, 2020all time you wanna proof of address and I do it and you wanna another thing
you dont have arabic character just have latin
I write my address in latin character and my proof of address because of my languace is persian and arabic character
and your partner said that its not match i send google translate of my address and they didnt accept
my bank statment in persian and I have to write address in your case latin now what do you do?
more than month the same problem
account num : 71420935
and win contest num :68035579
IFX Yvonne
July 3, 2020Dear Artery65,
We kindly ask you to please refrain from accusing us. May I get your trading account number so we can further assist you?
artery65
June 28, 2020it is scammmmm
I win contest in 3rd place
and know all the time I wanna to verify my documents they never do this
dont waste your time it is scam broker
IFX Yvonne
November 27, 2018Hi Trader,
We regularly holds interesting Forex contests allowing participants to prove their trading experience. Visit our website for more details.
Trader
October 8, 2018Hi Trader,
Could you please specify what do you exactly mean so we can assist you?
Trader
August 19, 2018They cancelled all their contests…?
Linly
March 18, 2016It services are great, especially PAMM and ForexCopy systems, thanks to both I could get my first earnings.
Frank
March 4, 2016I have just started trading at InstaForex and I am still getting used to the platform MT4, my first deposit was very fast I did it via credit card visa, they have a lot of options available in your cabinet, which I think is very complet because you can do pratically everything from there things like asking for a call when you need some help, and get informed and register the services you need. The client area in IstaForex website is really practical.
Damie
February 24, 2016Compared to Hotforex, Instaforex is better because the spreads are affordable and fixed. This company kept developing new tools and services. Everything is here.
Gabrielpip000
February 23, 2016Very proud to be client of InstaForex as thanks to this amazing broker, I could pay off all my debts in a short time of period. I started in this market as a newbie but it wasn't a problem as InstaForex provided me all necessary literature in its website and took its courses and webinars. Its reps are very professional, too and help me to solve all my concerns faster.
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