i tell you the thing that scares me about that broker..
no, before you ask, no, i have not traded there.
on their site, the stuff about them giving bonus funds to you when you open your account and all..
and then i read about them on the web and i read some rather scary stories about how when all is said and done and you try to withdraw your funds that it turns out that you should have read the really fine print.
so, read the fine print and walk softly.
i definitely like the idea of trading at 1000:1 leverage tho.
that is totally cool.
it's almost like having no margin requirement at all.
I've been using instaforex for 5 months. Good service, personally call me if there is problem with withdrawal. Went to their office and met them personally before start trading... deposit take around 5 minutes to 2 hours. withdrawal up to one day. There was one time, withdraw Friday night and they call me they will only process on Sunday night.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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