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!
No restriction on the broker account. Provide service support by WikiFX
Instant Trading Ltd
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!
they said that if I have $500 I can withdraw but after I have that one they have closed the account
Withdraw is rejected
My deposit is $600. Bonus 100% is $600. My profit is $4250. Available for withdraw without bonus is $3600 after deduct bonus. Now when i want to make withdraw.. Is rejected by instaforex finance department.
Bank card Verification Problem
I've tried many times to withdraw but failed in view of the fact that I have to verify the bank card. I uploaded the card many times. until today they can't verify my bank card
2020/11/10 11:45:10South Africa
They gave me a bonus of $1,000 but I can't witdhraw or deposit.
InstaForex，the worst platform
Margin is a lie, and the money in your account will be gone.
Unable to withdraw the profit
My fund 1500 was gone.
SCAM COMPANY HORRIBLE SERVICE
I was guide from a livechat support to open an MT5 account where i didnt need the verification ( i already have the MT4 account fully spproved). I opened my account and i made a 200$ deposit for my surprise WAS ANOTHER MT4 ACCOUNT WHICH WAS NEED A VERIFICATION. WELL I SENT ALL THE DOCUMENTS ABOUT 6 TIMES BETWEEN EMAIL AND UPLOADS ON THEIR WEB SITE. I DONT HAVE MY MONEY UNTIL NOW. NOT IN THE INSTAFOREX CABINET, NOT ON MY SKRILL, THEY KEEPING ASKING FOR VERIFICATIONS AND THIS AND THAT WHEN I ALREADY HAVE SENT 6 TIMES PLUS HAVING AS WELL ANOTHER MT4 ALL AND FULLY APPROVED. SCAM COMPANY, DONT GO THERE FOR ANY REASON.ALSO THE SUPPORT IS SH*T. DONT HELP, ALWAYS SAYNG SEND AN EMAIL TO THIS DEPARTMENT TO SOLVE THE PROBLEM AND HEN YOU SEND THEY WILL SAY IM GOING TO FOWARD TO THE RIGHT DEPARTMENT. LOOOOOOOOLLL OMG SCAM SCAM SCAAAAAAAMMMMMMMM
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.
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!
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.
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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.
Current Status:Suspicious Clone
License Type:Retail Forex License
Regulated in Country/AreaThe Virgin Islands
Regulatory License No.：SIBA/L/14/1082
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
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.
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.
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%.
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.
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.
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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.