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Broker that offer mini account and MAM platform

Wallace
Jul 20 2010 at 14:17
86 posts
Dear traders,

Do you know which broker offer mini account (that is cent account) and provide MAM platform?

Thanks and regards,

Wallace

Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
GridsForPips (GridsForPips)
Jul 20 2010 at 14:44
205 posts
Instaforex offers nanolot on standard account, an Instaforex standardlot is only 10'000 units instead of the normal 100'000 units, and with 0.01 Instaforex lots it translates to nanolots. Maybe thats good enough?
They offer PAMM-accounts where Instaforex calculates shares of deposits and profits. Manager has the option to set a minimum investment period, with penalty if money is withdrawn earlier.
If you need multiple accounts, Instaforex offers a multiterminal as well.

Cashbackforex https://www.cashbackforex.com/?aid=2091 offers 1.3 pips rebates with Instaforex deposited directly in Instaforex account every Sunday (to maximize profits).

Always get cashback -
Wallace
Jul 20 2010 at 16:17
86 posts
Thanks Soeren. However, ForexPeaceArmy rates this broker as scam broker.

Any traders can share experience with this broker?

Thanks!!

Wallace

Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
SIM
pip2cash
Jul 20 2010 at 16:43
423 posts

Wallace posted:
    Thanks Soeren. However, ForexPeaceArmy rates this broker as scam broker.

Any traders can share experience with this broker?

Thanks!!

Wallace


Can you please share why Instaforex is being rated as scam broker?

Thanks,
SIM

GridsForPips (GridsForPips)
Jul 20 2010 at 17:08
205 posts
I can only say I have no problems with Instaforex...

I've too read, that others had problems with Instaforex in their early years, but also that Instaforex has improved greatly since.

Check the date for the scamrating at FPA, if its years old, maybe it doesn't say the truth any longer...

Besides, I wouldn't trust a review-site that's an affiliate of and/or advertises for anything they review - a review-site needs to be fully independant to be fully trustworthy. Just my thoughts...

Cheers

Soeren

Always get cashback -
GridsForPips (GridsForPips)
Jul 20 2010 at 17:09
205 posts
Just found this site: https://www.topblogarea.com/sitedetails_33381.html

Seems he's not to keen on FPA as well...

Always get cashback -
Wallace
Jul 20 2010 at 22:43
86 posts

pip2cash posted:
    
Wallace posted:
    Thanks Soeren. However, ForexPeaceArmy rates this broker as scam broker.

Any traders can share experience with this broker?

Thanks!!

Wallace


Can you please share why Instaforex is being rated as scam broker?

Thanks,
SIM


I don't have any experience with Instaforex but have read that FPA has confirmed a scam case with Instaforex. I also want to know why people rated it as scam broker. It appears to me that they are well organised. it is appreciated if members can share their experience with this broker.

Hi Soeren,

Thanks for your feedback. Btw, Have you withdrawn money from them? How is their server execution speed? Do they have requote problem? Thanks a lot!😄

Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
SIM
pip2cash
Jul 21 2010 at 02:51
423 posts
hi Wallance,

I am using Instaforex since one and half year ago. Basically they have no problem. Good customer service, withdrawal through local IB very fast. Regarding server requote, i am not so sure because i am using EA.

SIM

GridsForPips (GridsForPips)
Jul 21 2010 at 06:55
205 posts
Hi Wallace.

I have only transfered money between accounts, which takes less than an hour. Deposit bonus 30% is done within minutes. I haven't experienced any requotes so far, but I have a reasonably fast connection. I know Instaforex has several servers, I think it's 3 in USA, 3 in Singapore, 4 in Europe and 2 for centsaccounts only. Usually problems with requotes arise when there's a long way from your location to the brokers server - I have 171ms ping to Instaforex, but if I chose a VPS closer to their server, I could get down to 40ms eliminating more requotes. Since I'm using EA too, I'm not sure about execution speed, although I haven't experienced any problems.

Soeren

Always get cashback -
SIM
pip2cash
Jul 21 2010 at 07:55
423 posts
Seriously i hope Instaforex is not a scam. I have quite alot of money with them.

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