InstaForex Review, Forex Broker&Trading Markets, Legit or a Scam-WikiFX Score:1

You can use a web browser to start trading using the MT4 platform. It provides you with a wide arena of servers that helps in increasing the communication speed within the mobile platform. Besides this, the standard lot is equal to 10,000 units, which is quite less when compared to other trading platforms that have 100,000 units.

  • The InstaForex provides the best web resources for financial brokers and makers who want to learn more about online trading.
  • I’ve been with InstaForex for nearly 4 months so far I am very pleased with them.
  • Another significant advantage is that InstaForex does not charge any deposit fees.
  • InstaForex is an online trading broker owned by Instant Trading Ltd – Insta Service Ltd – Insta Global Ltd and located at 30 Teatralnaya Street, 5th floor, Kaliningrad, , Russia.

Overall I say InstaForex given me a hassle-free trading experience in the market. I have enjoyed the forex trading on Instaforex’s platform, their fixed spread and platform activity amazed me so far. As here all of my deal executed on time and has not any slippage problem yet. Also, I can use many tools, indicators with an EA, which makes my bussines profitable. They provided expert analysis, which helps me to decide to open a position in the risky market.

Facts about instaLimeFX

The majority of traders who left an InstaForex review gave this company the lowest 1 star rating. There have been many complaints against the broker InstaForex in the FPA’s forums. At least 6 regulators have announced warnings or penalties against InstaForex. Another bonus offered is for those who deposit a minimum of $3,000 into their account. Every week, the broker chooses one trader who gets 100% of the bonus on that amount.

Unfortunately, there aren’t many Forex brokers who will provide you with that opportunity. InstaForex EU does not supply essential third-party plugins to transform the platform’s out-of-the-box functionality into a fantastic solution. As the name implies, InstaForex is primarily a Forex broker, which is evident in the excellent basic currency asset range. Over 100 currency pairings are highly accessible, allowing pure Forex beginning traders to diversify their portfolios adequately.

Really, InstaForex is reliable and profitable to me. Really Dealing is awesome on the InstaForex platform. Especially I preferred fixed spread which helps me to trade scalping strategy and I didn’t get any slippage or requotes too. I used Autochartist and one-click trading tools on the platform, So I can analyze my trade perfectly and able to automated trade. All of my trades are executed instantly and I can earn $1.2K so far. Also, my all withdrawals are processed on time through Neteller many times.

  • I wish they’d do something about their customer service.
  • I also never experienced any cheating during trading so it was really good trading system and fair to me.
  • I have started my LimeFX with Instaforex in 2019.
  • Passive income programs and great LimeFX advice are provided by the InstaForex broker.
  • I’ll tell anyone who cares to listen to avoid instaforex like a plague.

This brokerage company offers MT4 and MT5 mobile trading apps to traders. Customer service is vital for every trader, hence this InstaForex review discusses this aspect of this broker. InstaForex does provide an in-depth video on demand library to traders.

I urge you to please stop accusing our company without providing a solid proof. The Antifraud Department does not block bonus accounts without any reasons. I believed that all the accusations that you have found all over the Internet are baseless. We’ve been providing bonuses for our clients since 2008, and there are a lot of traders who succeeded in making money out of bonuses without investing a single penny of theirs. They had no trouble withdrawing their funds, because they followed all the rules and made no violation. InstaForex Customers may take advantage of an enticing offer, the 55 percent Bonus on every deposit.

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The issue about “Request sending failed” is still being considered. We will inform you about the result as soon as it is become known. Russia-based Forex broker InstaForex has announced a new sponsorship deal with Viswanathan Anand, a former World Chess Champion. Viswanathan Anand will be the Brand Ambassador of the company and will help the broker promote forex trading and education. The platform offering itself includes the most powerful currently available platform – MT4 and MT5 along with Multiterminal and compatibility with any device.

  • I say InstaTrade is a stable platform in the market among other brokers.
  • I’ve getting profit regularly after joining social trading platform at InstaForex broker, I’ve seen that their platform show live price quote and execution almost 1 sec.
  • It is a ready-made platform for all the advisors and has an in-built online platform store.
  • Because only this broker has high-security trading accounts as liked bank level.

InstaForex is a trustworthy broker with a wide selection of Forex trading products and cutting-edge technology. The InstaForex platform is simple to use, and the InstaForex broker offers a variety of low-cost deposit options, professional education, and an analysis section. InstaForex gives you a solution from the world’s best developers, allowing you to execute trading assisted by the major counteragents offering direct market access. InstaForex was founded in 2007 with its headquarters in Limassol, Cyprus, but it now serves clients worldwide. The number of professional traders who use InstaForex currently surpasses 7 million, an astounding statistic. I am just surprised from the time I started verification with instaforex I have these same documents to verify my accounts with recognized companies at least 2 .

Problems one can counter when withdrawing funds from a forex trading account

Really I am satisfied and I feel safe with InstaForex broker. I say InstaForex broker has is so professional service in the forex market. Because they provided all type of facilities to me.

Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5. Throughout my trading experience, Instaforex is the only broker that was able to satisfy all my needs. They have excellent trading platforms , their customer service is outstanding, the trading fee is low and the tools are advanced.

InstaForex scam

The broker states that all deposits and withdrawals are processed by the Finance Department during working hours from Monday to Friday, from 8 a.m. Note that the payment system as well as the currency of depositing and withdrawal must be the same. My advise to anyone who do not understand about the crypto trading is to be extremely careful on investing or rather stay away from crypto LimeFX. Instaforex is so far the most dependable I ever know. I’ve been using MT4 platform, it has been working excellent. They have low spreads and on the spot execution too.

Not only are their tools easy to understand, they also provide extensive Forex education to help us grow as traders. After being with Instaforex for around 10 months now, I can believe that I am in a position to make a comment on this broker. I am delighted to say that their execution is outstanding, they have very rarer slippage and their spreads are the best I have ever seen. My aggressive trading style suits this broker and I can recommend them to anyone else who aggressively scalping. All I can say is that I am grateful to be working with a very generous Forex broker. I found this broker a few years back and I gave it a try since they had promising trading offers.

Is InstaForex Legit or a Scam?

I have been using this InstaForex for last 2 years, having no problems with them. Their MT4 platform is great, user-friendly and easy to use. Withdrawals are fast, I always get my withdrawals within 4 hours. Support is always active, I have not called them, but my e-mails have always been answered promptly and professionally.

InstaForex scam

It’s a very frustrating experience doing a deposit and following up to have your transactions approved. It can really mess your account if you’re trying to deposit to avoid a margin call. Every time, week in week out, month in month out, year in year out zero improvements on the deposit process. I chose InstaForex for their wide range of trading instrument.

I’m going to expose real face of INSTAFOREX please beware of this broker and avoid this broker. Your account received the second level of verification. Anti-fraud department doesn’t reject accounts without no valid reasons. We will forward again your concern to the anti-fraud department and we’ll get back to you right after we get a response from them. With these fake comments you make it even less likely that a real positive comment from a real customer will get approved by us. Yes, InstaForex is a safe and the best broker InstaForex to trade with since it is regulated by several top-tier regulatory agencies, including the FCA, CySEC, and the BVI FSC.

Five days ago I made a withdrawal request of $130 through Neteller and they send it to my account within 4 hours that is faster than many other broker. This market maker has been rejected by several regulators and countries worldwide. A lot of professional traders and even groups have warned traders, especially the new ones to never dare to transact with Instaforex due to its malpractices. They have this representative named IFX Yvonne who’s been defending this crook broker. I know some traders whose accounts had been banned by Instaforex after declining their withdrawal requests. Instaforex is just one of the greatest scammers in the history of the Forex market.

Questions to InstaForex License & Regulation – Reputation Problems

They dined my first level verification because I did not send my picture with holding hand. But when I submitted that they verified my account after half an hour. Except this, I have no major issue with InstaForex. Orders are always very fast to fill, no slippage and no spread widening even in news time. The best thing is that they do not make any delay in withdrawing money.

You can also reach support by chatting via web instant chat, Viber, Skype, Telegram and WhatsApp. Email and phone calls are also available limefx forex broker for support. The social media handles are twitter, facebook, and YouTube. InstaForex has a social trading service known as “ForexCopy”.

Requested a withdrawal of $2000 from my trading account but until now, the company hasn’t processed it. They’ve been giving me the same error/excuse, card limit reached! I’ve reached out to my bank, and it turned out there were no issues whatsoever. InstaForex has been known for their withdrawal issues, should’ve known better. Therefore, they’re both using unethical ways to milk money from unsuspecting clients. It’s super hard to make withdrawal when you make profits.

This website seems to offer cryptocurrency information and or services. Cryptocurrency services like bitcoin exchanges, crypto-mining, and trading services are considered high-risk. Not only due to their inherent nature but also because many scammers try to lure consumers into investing in (non-existing) digital valuta. Please read our article How to check if a cryptocurrency site is legit or a scam..