Review Score
Platform
Pricing
Customer service
Features

InstaForex

Minimum deposit ($)
1.0
Commission
0.03
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals
4
Minimum lot size
0.01
Maximum lot size
10000.0
Spread
Fixed, Variable
Broker type
Market Maker
Maximal leverage (1:?)
1000
Phone
+7 (812) 4580354
Fax
-
Availability
Phone, Chat, Email, FAX, Skype, Whatsapp, Viber
Address
Pobedy str., 62, office 313, 314, Chernigov, Ukraine
Regulation
CySEC (Cyprus)
Trading Platforms
MetaTrader 4, MetaTrader 5
Funding/Withdrawal methods
Wire Transfer, Credit Card, Debit Card, WebMoney, cashU, Skrill, BPay
Account Currency
USD, EUR, RUB
Languages
English, Spanish, Portuguese, Russian, Chinese, Indonesian, Arabic
Country
Ukraine
International offices
Ukraine
Trading platform(s) timezone
(GMT +3:00) Baghdad, Riyadh, Kaliningrad
Other trading instruments
Options, Futures, Indices, CFDs
InstaForex User Reviews
InstaForex User Reviews
Member Since Sep 07, 2012   64 posts
Apr 12, 2013 at 11:04
MiniMe posted:
LOL it hurts so much isn't it but I'll expose bad brokers when they steal from their clients , ok let me show my dear how brokers works

This is an educational video that will show how the game works

https://www.craigharrisforex.com/webinar-march14-a-oropeza/

and this another educational video shows how MT4 brokers can manipulate with their clients



I know the rules of the games you can check my account on myfxbook and you will see that I am a profitable trader

On 2008 I took the 11th place on ACT 20008 https://championship.mql4.com/2008/users/fadiy/ so I have been trading before instaforex comes to life

I have a couple of trading awards some from brokers like Alpari and and IBFX , so lets say I know what I am talking about , and I am not bashing brokers , i am just stating the truth and I can back it up 😎 . Instaforex is a bad broker like it or not


Video Evidence of the manipulation is even better! Just use Snagit(vid software) to record some or all of your trades, entries and exits especially /if you suspect foul play.
cheers
EAguru
Member Since Apr 09, 2012   121 posts
Apr 12, 2013 at 10:11 (edited Apr 12, 2013 at 10:14)
MiniMe posted:
Few simple questions I would love to hear the answer for from instaforex :
1- What gives you the right to change the leverage on the trader account when he have 10's of orders with big lot size , and not even alert the trader for doing so ?
2- What gives you the right to keep the trader money for 45 days and extend that period to as much as you want ?
3- What gives you the right to keep the trading bonus money , not the entry bonus but the trading bonus money from trading so many big lots?
4- What gives you the right to block the client IP address from accessing the MT4 server ?
5- What gives you the right to manipulate the charts and the data feed ? your 5 minute chart is so much manipulated they look like renko charts.

 

your knowledge about INSTA! BEWARE from insta - it is not for you! lol
PS: Any broker is scam ! so what? Open your own company-broker - and you will be scam

https://www.myfxbook.com/members/MiniMe/delta/519826
this is what you calling PRIFITABLE ? O god
Member Since Oct 05, 2009   7 posts
Apr 11, 2013 at 21:40
Few simple questions I would love to hear the answer for from instaforex :
1- What gives you the right to change the leverage on the trader account when he have 10's of orders with big lot size , and not even alert the trader for doing so ?
2- What gives you the right to keep the trader money for 45 days and extend that period to as much as you want ?
3- What gives you the right to keep the trading bonus money , not the entry bonus but the trading bonus money from trading so many big lots?
4- What gives you the right to block the client IP address from accessing the MT4 server ?
5- What gives you the right to manipulate the charts and the data feed ? your 5 minute chart is so much manipulated they look like renko charts.

Personally I careless about instaforex I am done from them , my comments should be enough to warn traders from such broker.

Sadly instaforex is one bad broker there are many others like it, its our duty as traders to be honest and give real report as those brokers have people working for them trying to cover up the reality . I know one guy on TSD who tried to cover up for instaforex after I expose them but I have his chat log and that was enough to shut him up.
 
Member Since Oct 05, 2009   7 posts
Apr 11, 2013 at 20:10 (edited Apr 11, 2013 at 20:11)
LOL it hurts so much isn't it but I'll expose bad brokers when they steal from their clients , ok let me show my dear how brokers works

This is an educational video that will show how the game works

https://www.craigharrisforex.com/webinar-march14-a-oropeza/

and this another educational video shows how MT4 brokers can manipulate with their clients



I know the rules of the games you can check my account on myfxbook and you will see that I am a profitable trader

On 2008 I took the 11th place on ACT 20008 https://championship.mql4.com/2008/users/fadiy/ so I have been trading before instaforex comes to life

I have a couple of trading awards some from brokers like Alpari and and IBFX , so lets say I know what I am talking about , and I am not bashing brokers , i am just stating the truth and I can back it up 😎 . Instaforex is a bad broker like it or not

rob559
Member Since Feb 11, 2011   1916 posts
Apr 11, 2013 at 19:04
MiniMe posted:
Alex ,
I think you work for instaforex 😁
You CAN NOT change the leverage for a trader when he have more than 20 lot of open trade on a small accoun , unless you really want to screw his trades .
I didn't scalp , I dare Instaforex to prove that I scalpe , all my trades have at least 20 pips , my account was swap free so your claim is false , I simply doubled the account and they start screwing with my trades . They even blocked my IP address and I wasn't able to log to the MT4 server and I have 3 other accounts with different other brokers . Their support team told me to change my IP 😀

If you can't read or missed reading the link above , I will post it again

https://secure.instaforex.com/en/viewer.aspx?type=offer&source=moneybookers'
Its states
' Money withdrawal/deposit shall be proceeded within the term, defined by the payment system, however, as part of anti-money laundering policy, the term can be extended up to 45 working days with the further extending possible if required.

So if instaforex decides to keep the money FOREVER they can do that , as after 45 days they have the right to extend the period as much as they want . They actually send me an email stating that I wont be able to take my money till 45 days , and claim that this is a condition by moneybookers , which is not true.

Add to that the bonus I made with them from trading bigger lots , I am not allowed to take it , what a joke

Whats funny if you search on instaforex for the terms and conditions or search for moneybookers on instaforex page you wont find link above , nor you would find that conditions .

it doesn't matter how many times you will post about Instaforex , this will not change the fact that they are a scam broker , period 😎

i think you should stop bashing brookers when you don't know how a broker work,do your homework before picking one,you are acting like an amateur,this forum is for serious traders,instaforex has been around for a pretty long while ,i don't work for them ,i trade with them making money and no problem to wd
Member Since Oct 05, 2009   7 posts
Apr 11, 2013 at 17:10 (edited Apr 11, 2013 at 17:20)
Alex ,
I think you work for instaforex 😁
You CAN NOT change the leverage for a trader when he have more than 20 lot of open trade on a small accoun , unless you really want to screw his trades .
I didn't scalp , I dare Instaforex to prove that I scalpe , all my trades have at least 20 pips , my account was swap free so your claim is false , I simply doubled the account and they start screwing with my trades . They even blocked my IP address and I wasn't able to log to the MT4 server and I have 3 other accounts with different other brokers . Their support team told me to change my IP 😀

If you can't read or missed reading the link above , I will post it again

https://secure.instaforex.com/en/viewer.aspx?type=offer&source=moneybookers'
Its states
' Money withdrawal/deposit shall be proceeded within the term, defined by the payment system, however, as part of anti-money laundering policy, the term can be extended up to 45 working days with the further extending possible if required.

So if instaforex decides to keep the money FOREVER they can do that , as after 45 days they have the right to extend the period as much as they want . They actually send me an email stating that I wont be able to take my money till 45 days , and claim that this is a condition by moneybookers , which is not true.

Add to that the bonus I made with them from trading bigger lots , I am not allowed to take it , what a joke

Whats funny if you search on instaforex for the terms and conditions or search for moneybookers on instaforex page you wont find link above , nor you would find that conditions .

it doesn't matter how many times you will post about Instaforex , this will not change the fact that they are a scam broker , period 😎
EAguru
Member Since Apr 09, 2012   121 posts
Apr 11, 2013 at 16:30 (edited Apr 11, 2013 at 16:31)
I LIKE INSTA !!!

I agree that this broker is not for big deposits - it is for 1000-5000$ max
EAguru
Member Since Apr 09, 2012   121 posts
Apr 11, 2013 at 16:29
Josep2013 posted:
Very bad broker at all
you can't use this broker for high deposit I had very bad experience with them they remove one order with total profit 80$ !!!

and told me this order was scalp ! but I had a lot of scalp order before with lose !

Hey GUYS! You are NOOBS! Learn CONDITIONS of insta!!!!

3.14.6. The Customer agrees to undergo a supplementary expert examination of the trading account, if it has been revealed that the trading methods of the Customer include opening and closing/opening lock positions with a less than 5-minute interval between them. In accord to the results of the supplementary examination the Company reserves the right to correct the outcome of the Customer’s trading by the sum total of such orders.

EAguru
Member Since Apr 09, 2012   121 posts
Apr 11, 2013 at 16:26 (edited Apr 11, 2013 at 16:32)
MiniMe posted:
Scam broker

As long as you lose, they will give you everything you want , but once you are profitable then its a different story , this is what they did to me when I doubled my account

1- They lowered my leverage and I had move than 20 lot of open trades
2- The block my IP address so I am no longer able to connect to the MT4 server
3- Refuse to pay me back till I brought the issue to public
4- Refused to pay my rebate
5- There is a condition on their payment system on the following link

https://secure.instaforex.com/en/viewer.aspx?type=offer&source=moneybookers'
On section two it states :

' Money withdrawal/deposit shall be proceeded within the term, defined by the payment system, however, as part of anti-money laundering policy, the term can be extended up to 45 working days with the further extending possible if required.'

Which means if the broker decides to keep your money forever he will do so.

6- Their feed is so bad the 5 min chart looks like renko chart

Overall very bad broker
1 - leverage change automaticly after 1000$ to 1:600
4 - you did scalping trading with using swaps
5 - you cannot withdrawall 45 days if you use more than 300 $ with MONYBOOKERS
other things is your mstake - you did not learn rules of this broker. Blame yourself. LoL
Member Since Oct 05, 2009   7 posts
Apr 10, 2013 at 23:48 (edited Apr 10, 2013 at 23:53)
Scam broker

As long as you lose, they will give you everything you want , but once you are profitable then its a different story , this is what they did to me when I doubled my account

1- They lowered my leverage and I had move than 20 lot of open trades
2- The block my IP address so I am no longer able to connect to the MT4 server
3- Refuse to pay me back till I brought the issue to public
4- Refused to pay my rebate
5- There is a condition on their payment system on the following link

https://secure.instaforex.com/en/viewer.aspx?type=offer&source=moneybookers'
On section two it states :

' Money withdrawal/deposit shall be proceeded within the term, defined by the payment system, however, as part of anti-money laundering policy, the term can be extended up to 45 working days with the further extending possible if required.'

Which means if the broker decides to keep your money forever he will do so.

6- Their feed is so bad the 5 min chart looks like renko chart

Overall very bad broker
Member Since Mar 08, 2013   52 posts
Apr 06, 2013 at 13:14
Very bad broker at all
you can't use this broker for high deposit I had very bad experience with them they remove one order with total profit 80$ !!!

and told me this order was scalp ! but I had a lot of scalp order before with lose !
Member Since Oct 24, 2009   38 posts
Apr 03, 2013 at 09:56
EAguru posted:
rob559 posted:
WITH THEM SINCE A WHILE AND GOT NO PROBLEMS AT ALL,I KNOW THAT THIS BROKER WAS OK FOR MY TYPE OF TRADING.

TRY TO DETERMINE WHAT TYPE OF TRADING YOU BELONG TO BEFORE OPENING AN FOREX ACC,I HAVE ANOTHER ACC FOR SCALPING AT PEPERSTONE ,YOU SEE .BUT ABOUT TRUSTABILITY INSTAFOREX IS OK

my opinion the same! thx Rob - good post!

Absolutely right. For scalping Not Good. For trading with Little Money and if you Not scalping its a Fine Broker
Member Since Oct 18, 2012   31 posts
Apr 03, 2013 at 04:31
pip2cash posted:
Hi guys,

Recently Instaforex being rated as scam broker.

May i know any members here have bad experience with Instaforex?

Regards,
SIM

Currently I don't have any experience with them, although one starts to wonder where do they get money to give out Porsche Cayennes and other similar stuff. I make only 800 USD of monthly salary so no Porsche Cayenne for me. 😕
EAguru
Member Since Apr 09, 2012   121 posts
Mar 22, 2013 at 21:32 (edited Mar 22, 2013 at 21:32)
rob559 posted:
WITH THEM SINCE A WHILE AND GOT NO PROBLEMS AT ALL,I KNOW THAT THIS BROKER WAS OK FOR MY TYPE OF TRADING.

TRY TO DETERMINE WHAT TYPE OF TRADING YOU BELONG TO BEFORE OPENING AN FOREX ACC,I HAVE ANOTHER ACC FOR SCALPING AT PEPERSTONE ,YOU SEE .BUT ABOUT TRUSTABILITY INSTAFOREX IS OK

my opinion the same! thx Rob - good post!
rob559
Member Since Feb 11, 2011   1916 posts
Mar 22, 2013 at 20:36 (edited Mar 22, 2013 at 20:37)
WITH THEM SINCE A WHILE AND GOT NO PROBLEMS AT ALL,I KNOW THAT THIS BROKER WAS OK FOR MY TYPE OF TRADING.

TRY TO DETERMINE WHAT TYPE OF TRADING YOU BELONG TO BEFORE OPENING AN FOREX ACC,I HAVE ANOTHER ACC FOR SCALPING AT PEPERSTONE ,YOU SEE .BUT ABOUT TRUSTABILITY INSTAFOREX IS OK
EAguru
Member Since Apr 09, 2012   121 posts
Mar 22, 2013 at 19:57 (edited Mar 22, 2013 at 20:20)
insta forex is kitchen but the best between kitchen. lol
essenn posted:
pip2cash posted:
Hi guys,

Recently Instaforex being rated as scam broker.

May i know any members here have bad experience with Instaforex?

Regards,
SIM

Instaforex are the biggest scam brokers in the forex business. They froze my profit using fraud department excuse. skype me on: sure_pips

i will send you link of current disputes with Instaforex scammers on FPA.

Stay away !!! or lose your money !!!

Look bro - if yuor DC do not invite USA residents - this is already SCAMM . Ok?
If you can not withdrowall something - learn rules before

I meen do you know just 1 broker with max lot 10000 and leverage 1:1000 without scam? No. So go to 'normal' and do your scalping at 1:50 leverage and heghe margin 100% and max lot 10 why do you go at insta????
Insta for martingaile only or for people that working at D1

but i work with insta long time and withdrawall everything i need. so if you can not withdrawall - it is your mistake and your problem

insta is a KITCHEN
but the BEST KITHEN between KITCHEN
Every broker do something bad sometimes, so what...1 guy loose 5000$ at insta - they blocked him like skalper. It is Rules - you cannot scalp at Insta.

LEARN RULES!!! And you will be fine

If you know USA broker that not registered at new zeland ))) with conditions like insta and usa residents can trade there - i will leave Insta!
Member Since Mar 19, 2013   36 posts
Mar 21, 2013 at 22:16
pip2cash posted:
Hi guys,

Recently Instaforex being rated as scam broker.

May i know any members here have bad experience with Instaforex?

Regards,
SIM

Instaforex are the biggest scam brokers in the forex business. They froze my profit using fraud department excuse. skype me on: sure_pips

i will send you link of current disputes with Instaforex scammers on FPA.

Stay away !!! or lose your money !!!
Member Since Jun 19, 2012   14 posts
Mar 06, 2013 at 17:38
wd recehan masih lancar :)
EAguru
Member Since Apr 09, 2012   121 posts
Mar 03, 2013 at 17:22 (edited Mar 03, 2013 at 17:36)
PiTERMAN posted:
Here i can show you how 2 of my withdrawal request from my EUR account denied!! 😡



It happened same on my USD account. About 6-7 times withdrawal requests denied aswell!! Finaly, at the end 500$ i could withraw via wire transfer, but they charged me more than 67,62$ fot that wirhdraw, but they got transaction fee up to 25$ via wire!! ...isnt it strange?! Fee from 25$ to 60$ its more than double, right?! ...almost triple, dont you think so?! 😱
So here you can see amount im talking about, i recieved on my bank account.



I think that you did scalping at insta or your pauses betwin opposite order (sell/buy) < 5 min

Nop, I used break out strategy placing pending order buy stop & sell stop and not what you saying.
So what ? i have 5-6 decline per 1 day ))) because i do not observe the rules of inference

https://piccy.info/view3/4218038/dd39ceac037f1a9fd5039ac22c4a7e93/

What can i say to you - learn rules of your broker before depositting (in Public Offer Agreement there https://www.instaforex.com/open_live_account.php :)))
If you used one payment system for depositting - use the same only system for withdrawal.

Yes Bank transfer is 25 USD for 1 withdrawal - i think you need ask support of insta?! and maby your bank take comissions




Member Since Jun 10, 2010   20 posts
Mar 03, 2013 at 16:53 (edited Mar 03, 2013 at 17:21)
Here i can show you how 2 of my withdrawal request from my EUR account denied!! 😡



It happened same on my USD account. About 6-7 times withdrawal requests denied aswell!! Finaly, at the end 500$ i could withraw via wire transfer, but they charged me more than 67,62$ fot that wirhdraw, but they got transaction fee up to 25$ via wire!! ...isnt it strange?! Fee from 25$ to 60$ its more than double, right?! ...almost triple, dont you think so?! 😱
So here you can see amount im talking about, i recieved on my bank account.



I think that you did scalping at insta or your pauses betwin opposite order (sell/buy) < 5 min

No my friend, I used break out strategy placing pending order buy stop & sell stop and not what you saying.

If i lose money, thats fine with a broker, but when i make profit, broker cancel it!? So if this it not a SCAMM approach, than i dont know what else need to be shown and/or prove ;)
InstaForex User Reviews

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