Instaforex?

Hello Trader Instaforex want to know how it works, is a good Brokers? It is reliable?

Hi there,
Ive heard some bad things about Instafx - however, i have been using them for 3 months now and I trade THE most volatile periods.... and they have been out performing FXCM, FXpro GKFX and iron FX in terms of execution, low slippage and stable spreads... im only 3 months in but feel free to take a look : https://www.myfxbook.com/members/BenNathanFTA/ben-nathan/1172397

 

Wivilson posted:
Hello Trader Instaforex want to know how it works, is a good Brokers? It is reliable?

Stay away from dodge brokers that restrict your forex activity by unfair rules they create for themself.

Wivilson posted:
Hello Trader Instaforex want to know how it works, is a good Brokers? It is reliable?

Curious about InstaForex ? Please, do yourself a favor, forget about it.
How would you like such rules :
1. Any profitable trade with duration less than 5 minutes will be canceled and profit you made from it they will erase .
2. If your profitable trade made you more than + 10% of your account balance - than it will be canceled, profit erased .

That's not a broker - that's a parody on real forex market made by Russian's.

YuriyZelinskiy posted:

Wivilson posted:
Hello Trader Instaforex want to know how it works, is a good Brokers? It is reliable?

Curious about InstaForex ? Please, do yourself a favor, forget about it.
How would you like such rules :
1. Any profitable trade with duration less than 5 minutes will be canceled and profit you made from it they will erase .
2. If your profitable trade made you more than + 10% of your account balance - than it will be canceled, profit erased .

That's not a broker - that's a parody on real forex market made by Russian's.

I'm glad to read this, you deserve a vounch... I have never been with them. I just heard what you just described. Also I think it's not allowed to trade news or something like that... so when I see the last guy post that trades news with this broker... I'm very sucpicious. He doesn't even know what the word invest means.

Anyway stay away from noob brokers and all who says that it is a good broker.... This is so much safer.

I want to thank all those who have thought, thanks. I hope more answer my doubts if it is good and all.

YuriyZelinskiy posted:

Wivilson posted:
Hello Trader Instaforex want to know how it works, is a good Brokers? It is reliable?

Curious about InstaForex ? Please, do yourself a favor, forget about it.
How would you like such rules :
1. Any profitable trade with duration less than 5 minutes will be canceled and profit you made from it they will erase .
2. If your profitable trade made you more than + 10% of your account balance - than it will be canceled, profit erased .

That's not a broker - that's a parody on real forex market made by Russian's.

I'm not being funny but results talk - every single one of my trades is less than 5 mins and they've taken no profits from me - check the trade times and durations and you'll see for yourself that I'm trading the news , and it's live account and verified results - so rather than get into a debate I invite you to follow my account and let the results do the talking

Personnaly I would never follow a scalping strategy futhermore with InstaForex... but good luck gambler.

So you know your profits made under 5 minutes may be cancelled one day... then you will tell us if InstaForex is great lol.



*By the way it's friday, I'm going to the golf... who cares?

CrazyTrader posted:
Personnaly I would never follow a scalping strategy futhermore with InstaForex... but good luck gambler.

So you know your profits made under 5 minutes may be cancelled one day... then you will tell us if InstaForex is great lol.



*By the way it's friday, I'm going to the golf... who cares?

so they are basically saying if you make 10% from a news release trade then you're in trouble - well I only look for 2% with 1% risk outlay so that explains why I've had no issues, and there's no gambling here - actually I study bank feeds, ransquawks high level analysis and in the past the Bloomberg feeds to get a high level fundamental picture of the markets which enables me to pick the right pairs at the right time to trade as opposed to blindly following some pattern and hoping for the best...

I'm a big advocate against gambling traders, in-fact i blog about it a lot, and have been teaching for several years with one of the largest and most respected FX education providers out there, and actually make a full time living from both Fund Management and Teaching FX, so while i'm no trading God (no one is) I would hope that my online reputation, and experience gives at least some merit to some of my posts/responses.

In terms of the actual subject in hand, i can only comment on my own experience and answered appropriately as you all have too :) without the need to start throwing judgments around like 'Gambler' lol... anyway - all in good nature and happy trading all!

Also, enjoy the Golf Crazy Trader - hope your game is better than your account Drawdowns! haha joking