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    WikiFX Score

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    Negative

    InstaForex

    • Saint Vincent and the Grenadines Saint Vincent and the Grenadines
    • 2-5 years
    • Suspicious Regulatory License
    • MT4/5 full license
    • Regional Brokers
    • High potential risk
    Open Account
    WikiFX Score
    Comparison

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    VPS Standard

    No restriction on the broker account. Provide service support by WikiFX

    • Single Core

    • 1G

    • 40G

    Get it for free

    Broker Information

    Company Name

    Instant Trading Ltd

    Phone of the company

    --

    Company website
    https://www.instaforex.com/
    Customer Service Email Address

    clients@instaforex.com

    Company address

    --

    Pyramid scheme complaint
    Expose

    Check whenever you want

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    Warning: Low score, please stay away! 4
    2022.05.24

    It has been verified that this broker currently has no valid regulatory, please be aware of the risk!

    The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months, please be aware of the risk and the potential scam!

    Unable to withdraw

    pl

    they said that if I have $500 I can withdraw but after I have that one they have closed the account

    Saidu Ali

    2021/10/9 11:54:52

    Nigeria
    • Marketing Strategy
    Subscribe to VPS now

    Delivery Index

    Mkt. Analysis

    Material

    Ad Brand

    Sources

    Language

    No data
    Brokers How to Get Forex Bonus for Free at InstaForex Bonus

    Firstly to get a bonus on any platform, you have to register and then verify. In particular, Forex Exchanges request personal data of users such as passport, place of residence, telephone number and e-mail address. This is important to ensure that when the exchange withdraws, it assures itself that you are doing it. That way, there’s less risk of fraud taking the money.

    WikiFX
    2022/2/22 10:38:48
    How to Get Forex Bonus for Free at InstaForex Bonus
    Brokers Borussia Dortmund and InstaForex extend partnership!

    We are pleased to share the great news with you! Legendary German football club Borussia Dortmund and InstaForex have prolonged their partnership for 2 more years!

    WikiFX
    2021/12/14 7:13:01
    Borussia Dortmund and InstaForex extend partnership!
    Brokers From now on, InstaVerify available also for iOS!

    InstaForex has made it easier for clients to open a new account and verify personal data. From now on, InstaVerify mobile app is available also for iOS gadgets. Earlier, the Android InstaVerify version used to be the only option which has been already used by thousands of new InstaForex clients.

    WikiFX
    2021/12/11 14:13:32
    From now on, InstaVerify available also for iOS!

    InstaForex

    Please download WikiFX APP

    Scan to Download

    British Virgin Islands Financial Services Commission

    British Virgin Islands Financial Services Commission (FSC)

    The enactment of the Financial Services Commission Act in December 2001 established the British Virgin Islands Financial Services Commission (FSC) as an autonomous regulatory authority responsible for the permission, regulation, supervision of all financial services in and from within the BVI, which includes insurance, banking, fiduciary services, trustee business, company management, investment business, and insolvency services, as well as the registration of companies, limited partnerships and intellectual property. Since 2002, FSC assumed the responsibility for functions previously carried out by the Government through the Financial Services Department. FSC, as financial services regulator, is also responsible for promoting public understanding of the financial system and its products, policing the perimeter of regulated activity, reducing financial crime, and preventing market abuse.

    • Licensed Institution :

      Instant Trading Ltd

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      --

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      Annex1 Annex2 Annex3 Annex4

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    InstaForex

    根據香港證券及期貨事務監察委員會的規定

    為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    InstaForex
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
    Related Photos
    Confirm to Submit

    Submit successfully!

    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

    Confirm

    InstaForex · Company summary

      General Information & Regulation

      InstaForex brand is a registered trademark of InstaFintech Group. Instant Trading Ltd (BVI) is licensed by BVI FSC, License Number SIBA/L/14/1082; Insta Service Ltd is registered with FSC Saint Vincent, Reg. Number IBC22945; Insta Global Ltd. registered in Saint Vincent, IBC24321. Services are provided under InstaForex brand which is a registered trademark.

      Market Instruments of InstaForex

      Instaforex offers investors a wide range of investment products, including Forex currency pairs, stocks, indices, metals, crude oil and natural gas, commodity futures, cryptocurrencies.

      Minimum Deposit

      Instaforex offers investors quite a few trading accounts. The minimum initial deposit set by this broker is also relatively lenient, only requiring $1 to open a live account.

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      InstaForex Leverage

      In terms of trading leverage, Insta forex offers the dynamic leverage level for its traders. The maximum leverage level offered by this broker is up to 1:1000, which is considered high. Therefore, it is important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

      Spreads & Commissions

      Insta Standard accounts come with a spread of 3 pips on EURUSD, 3 pips on GBPUSD, 3 pips on USDJPY, 8 pips on Apple stock, with 0.1% commission, 80 pips on spot gold, and 40 pips on spot silver. Insta Eurica Accounts have a spread of 0 pips on EURUSD, 0 pips on GBPUSD, and 0 pips on USDJPY. The trading commission is 3 pips, Apple stock spread at 8 pips, with 0.1% commission, spot gold spread at 80 pips, and spot silver spread at 40 pips. For the MT5 account, the spot gold spread is 60 pips, and the spot silver spread is 40 pips. Moreover, InstaForex offers a series of deposit bonuses ranging from 30%, 40%, 55%, to 100%.

      Trading Platform

      Instaforex offers traders the world's leading MT4, MT4 Mobile, MT4 PC, MT5, MT5 Mobile, MT5 PC to meet a wide range of user needs. MT4 is the gold standard of forex trading platforms with 9 schedules, a large number of technical analysis tools, online financial news, supporting automated trading, one-click trading, and the ability to develop suitable trading strategies for different levels of traders. MT5 is the latest version of MT4, with 21 timeframes and supports for the MQL5 programming language.

      Deposit & withdrawal

      Instaforex welcomes deposit and withdrawal of funds to and from your investment account via bank cards, wire transfers, Southeast Asian bank transfers, PayCo, AstroPay, South African online transfers, cryptocurrency payments, as well as local transfers from China, Indonesia, and Malaysia.

      Customer Support

      The Instaforex customer support team is available 24/5 and clients are served either from the principal office in Cyprus or from the representative office in Slovakia. Support is available via e-mail, phone and a callback option, live chat, Skype, Facebook Messenger, Viber, WhatsApp, and Telegram.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.