Score

2.29 /10
Danger

InstaForex

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

MT4/5 full license

Global Business

High potential risk

AA

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Comparison

Quantity 7

Exposure

Time Machine
Website

Score

License Index 0.00
Business Index 6.89
Risk Management Index 0.00
Software Index 9.28
Regulatory Index 0.00
The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Instant Trading Ltd

Company Abbreviation

InstaForex

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Twitter

Facebook

YouTube

WhatsApp

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2023-03-23
  • It has been verified that this broker currently has no valid regulation. 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!

WikiFX Verification

Pyramid scheme complaint
Expose
Sources

News

NewsWIKIFX REPORT: InstaForex: international broker with 15 years of experience in financial markets

InstaForex is now commemorating its 15th birthday. The worldwide broker and MetaQuotes Software, a pioneer in online trading software, struck a collaboration agreement soon after the latter company was founded in 2007.

WikiFX
2022-06-15 14:08
WIKIFX REPORT: InstaForex: international broker with 15 years of experience in financial markets

NewsWIKIFX REPORT: InstaForex releases global update of its mobile app

International broker InstaForex upgraded its mobile app and made it available on Google Play in late April. The application has been improved and made more useful by the InstaFintech Group professional development team.

WikiFX
2022-06-15 14:06
WIKIFX REPORT: InstaForex releases global update of its mobile app

NewsBorussia 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 15:00
Borussia Dortmund and InstaForex extend partnership!

NewsFrom 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 22:11
From now on, InstaVerify available also for iOS!

User Reviews

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User comment

7

Comments

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Caren
0-3months
I don’t believe insta is still paying or even pays at all, I wish the can return my money, I was restricted for no reason, I contacted their support and submitted my informations but they didn’t allow me into my account, I now made $9,500 weekly from benarmstrong-trades. com and they allow me withdraw that’s was why I stop using instaForex. One other thing I noticed about instaforex is they are very nice to beginners until you make deposit. 😡😡
2023-03-06 22:38
Reply
0
2
FX1280283942
more than one year
I never thought I was scammed by a fake InstaForex. They froze my trading account after I made a deposit. Right then, I suddenly remembered that I may mix legit and fake brokers. After checking its regulation details, it is too late to know I was right.
2023-02-23 09:23
Reply
0
0
孙秀香
more than one year
Saint Vincent and the Grenadines is a very dangerous place in my opinion. Many foreign exchange companies are registered there, but we don't know which country their real offices are.
2023-02-16 10:12
Reply
0
0
Mark29352
more than one year
For a week, I have been troubled by the fact that I can't withdraw money. I have submitted numerous withdrawal applications, but the system keeps prompting me that the withdrawal failed. I have followed the same method as they said to deposit and withdraw, but it still doesn't work. I don't know what went wrong. I’m going crazy already.
2022-11-25 16:34
Reply
0
0
FX1059301772
more than one year
Instaforex, return my money! It is getting to a month you have not credited the deposit I made you to you. Just return my money! Nobody does business this way and survives, you manipulate spreads, asked for extra fees, you are killing your company. I have nothing to say, please give my money.
2022-11-25 14:06
Reply
0
0
王彦博
more than one year
instaforex is horrible, he cheated a lot of people out of their money. It claims to be an FSC regulated company, but in reality it is not, and is not fully qualified to run a forex trading website. Can anyone help me get my money back? ?
2022-11-21 18:05
Reply
0
0
janan&janan
3-6months
my money come to esipaisa
2022-11-08 08:04
Reply
1
0
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