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InstaForex?

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

Mohammadi
Oct 26 2017 at 14:32
886 príspevkov
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
920 príspevkov
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
95 príspevkov
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.

togr (togr)
Oct 31 2017 at 08:59
4862 príspevkov
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.

BaldoN (BaldoN)
Oct 31 2017 at 13:34
522 príspevkov
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
920 príspevkov
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
10 príspevkov
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
64 príspevkov
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

togr (togr)
Nov 01 2017 at 15:45
4862 príspevkov
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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