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InstaForex?

PipCollector
Jan 14 2010 at 09:21
posts 92
Has anyone noticed the team of InstaForex.com?

Take a look here: https://instaforex.com/team.php

I've noticed that most of the team is under 25 years of age, and the president is actually 22 years old.

Do these guys really have enough experience to run a broker?

Patience is a virtue.
AmDiab
Jul 19 2017 at 06:35
posts 718
There have no many negative reviews on this broker! Even, I am not sure about their regulation! You can check on Google about their trading activities! Although, they are very active on Forex Forums.

Mohammadi
Sep 03 2017 at 06:49
posts 886
When it is time to invest a large amount we have to emphasis on broker regulation, after regulation system I will look for their despot and withdrawal system how it works. Most of the brokers right now are found to be scams. So, for ensuring a right Forex broker we have to be dedicated and have to pass enough time.

Admoni
Sep 07 2017 at 14:55
posts 95
In Forex market place, when looking for a broker there are many important things we the traders have to check. according to me , I will be first of all broker regulation , because the real regulated trading broker for all time make sure security of funds at any kinds of investments with a wide range of trading technologies.

Tiffany (TiffanyK)
Sep 08 2017 at 06:23
posts 427
Well the age doesn't matter usually - but really guys? Younger team = less experience. No regulator. Sounds suspicious to me.

Accept the loss as experience
mlawson71
Sep 08 2017 at 14:50
posts 1487
AmDiab posted:
There have no many negative reviews on this broker! Even, I am not sure about their regulation! You can check on Google about their trading activities! Although, they are very active on Forex Forums.


Instaforex got a license with the Central Bank of Russia (CBR) in 2017. (https://www.forexbrokerz.com/brokers/insta-forex)
The CBR is Russia’s financial mega-regulator which oversees the banking and all other financial markets in the country. As of 1 January, 2016, locally-based forex brokers are required to be licensed by CBR in order to operate in the country. As far as I know only a few local Russian brokers have such a license. That said, that license does not necessarily mean the broker’s trustworthy. After all, they gave one to InstaForex, which, as you said, does not exactly have a good reputation.

vontogr (togr)
Sep 10 2017 at 06:41
posts 4862
PipCollector posted:
Has anyone noticed the team of InstaForex.com?

Take a look here: https://instaforex.com/team.php

I've noticed that most of the team is under 25 years of age, and the president is actually 22 years old.

Do these guys really have enough experience to run a broker?


Avoid them at all costs
They sucks in all aspects be it trading execution, funds withdrawal, etcc...
Generally all Russian brokers sucks

AniLorak
Sep 13 2017 at 13:53
posts 920
I have seen, so many negative reviews about this broker! I have been marked as a scam broker into FPA!

Mohammadi
Oct 15 2017 at 13:44
posts 886
I think according to me, In spite of a good educational facilities that’s not possible at all to lead a comfortable trading life with certainly , if you don’t have a reliable support form a credible trading broker , because the broker can affects the result of our trading with certainly.

Admoni
Oct 25 2017 at 14:41
posts 95
I would like a broker that gives some kind of promotions from time to time. Also that broker’s withdrawal time has to be less. I don’t like waiting for my profit to come in my payment processor for too long.

vontogr (togr)
Oct 26 2017 at 14:28
posts 4862
Avoid InstaForex. It is pure scam.
Generally any Russian broker is no good.

Mohammadi
Oct 26 2017 at 14:32
posts 886
If you want to be a good trader , first of all you have to acquire proper money managing plan , because despite of good trading knowledge that’s not possible at all to lead a comfortable trading life at all if you don’t know how to ,manage money. So money management is really important

AniLorak
Oct 26 2017 at 14:33
posts 920
Admoni posted:
I would like a broker that gives some kind of promotions from time to time. Also that broker’s withdrawal time has to be less. I don’t like waiting for my profit to come in my payment processor for too long.
Same here! But the problem is market maker brokers take such a long time to complete it! That’s why, we need to work with a regulated Forex broker.

Admoni
Oct 30 2017 at 15:33
posts 95
The best Forex brokers don’t restrict any trading techniques with scalping and hedging. They always make sure best trading environment for using any kinds of trading strategies by providing lowest trading spreads as well minimum margin requirements.

vontogr (togr)
Oct 31 2017 at 08:59
posts 4862
Mohammadi posted:
If you want to be a good trader , first of all you have to acquire proper money managing plan , because despite of good trading knowledge that’s not possible at all to lead a comfortable trading life at all if you don’t know how to ,manage money. So money management is really important


Yes MM is important. But this is offtopic.
But with the same trade plan and MM you wont succeed on Instaforex and you can succeed at IcMarkets for example.
Especially when Instaforex refuses to withdraw deposit and profit - personal experience.

Baldo (BaldoN)
Oct 31 2017 at 13:34
posts 522
togr posted:
Mohammadi posted:
If you want to be a good trader , first of all you have to acquire proper money managing plan , because despite of good trading knowledge that’s not possible at all to lead a comfortable trading life at all if you don’t know how to ,manage money. So money management is really important


Yes MM is important. But this is offtopic.
But with the same trade plan and MM you wont succeed on Instaforex and you can succeed at IcMarkets for example.
Especially when Instaforex refuses to withdraw deposit and profit - personal experience.


Completely agree :)
In such cases, I believe the best would be to report the case/s to regulatory authority of the broker. InsaForex are under regulation of CySEC (which is not bad) and registration in FCA (basically is nothing in fact - just image) and also regulations on few exotic places (does not count them at all).
Perhaps would be good to send detailed explanation with examples to CySEC how the InstaForex manipulate trades or refuse to send you deposits and profits and CySEC will react.
Just in this case, the issue I expect would be that they might accept clients (signing contracts with clients) from their companies registered in exotic places like Saint Grenadine for example that might open the door for them to act as they are doing it. Nevertheless I believe you have to try.

AniLorak
Oct 31 2017 at 15:41
posts 920
togr posted:
Avoid InstaForex. It is pure scam.
Generally any Russian broker is no good.


Agree with you! Even, FPA is called this platform as a scam broker!

MiguelMM
Oct 31 2017 at 15:51
posts 10
There is a lot more you can get away with on an ECN broker as the spreads are so much lower and they are fairer

Capitalinvestfx
Oct 31 2017 at 15:57
posts 64
anybody making money with them and able to wd it please come forward we'd like to know about it ,not talking about fake post here ,need to be at 10 posts already in order to avoid it

vontogr (togr)
Nov 01 2017 at 15:45
posts 4862
Capitalinvestfx posted:
anybody making money with them and able to wd it please come forward we'd like to know about it ,not talking about fake post here ,need to be at 10 posts already in order to avoid it


As i wrote before,
I made the profit with my Caesar strategy with INSTA (even though it was tough to do anything as their feed was often frozen)
They refused to withdraw profit and balance.
They hold my funds for months even though I was fully verified.

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