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Inst-Global

Australia|2-5 years|
Regulated in United States|Suspicious Regulatory License|MT4/5 White Label|Chinese market only|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

http://www.inst-global.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
InstGlobal-Demo MT5
Server Location Hong Kong

Contact

CS@INST-GLOBAL.COM
http://www.inst-global.com/

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Inst-Global

Company Abbreviation

Inst-Global

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-03-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0539335) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

WikiFX Verification

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Inst-Global · Company Summary

General Information & Regulation

Inst-Global is an online broker registered in Australia, with its founding time, and the company behind it unknown to all. Inst Global insist that they are a strictly regulated broker, supervised by the National Futures Association (NFA) in the U.S. with a registration number 0539335.We did check the NFA registers and it turned out that although a company by the name of Inst Global Limited is registered with the Association as an Exempt Commodity Pool Operator, the same company is not an NFA Member and is not subject to NFA oversight. Obviously Inst Global does not have a license whatsoever. Therefore it is unsafe to trade with this broker.

Market Instruments

Inst-Global advertises that it offers a wide range of trading products, including precious metals (spot gold, silver, palladium, platinum), energy (US crude oil (XTIUSD) and British crude oil (XBRUSD) and US natural gas (XNGUSD)), stock contract, stock index contract, currency pairs (43 currency pairs including EUR / USD, USD / JPY, GBP / USD, etc.), futures, as well as encrypted digital currency (6 mainstream digital currencies including Bitcoin).

Minimum Deposit

Inst Global does not bother to disclose what might be the minimum deposit requirement for their starting STP Standard Account. As for the premium ECN Expert Account Inst Global requires as much as 5000 USD, but as we already noted, if you get tricked to deposit any amount with unregulated scammers like Inst Global you will surely lose everything.

Leverage

The maximum leverage at Inst Global is said to be as high as 1:400. However, since Inst-Global is an unregulated broker, such generous leverage is not necessarily a good thing, and inexperienced traders should not use too high leverage.

Spreads & Commissions

In terms of spreads and commissions, Inst Global does not make this part clear.

Trading Platform Available

Inst Global offers MetaTrder5, but because they openly lie about being regulated and bear all the hallmarks of a scam, tarders had better not trade with this broker though its platform.

Deposit & Withdrawal

With Inst Global you seem to have just two options to make a payment – with a bank wire transfer and crypo currencies. Further information on deposit and withdrawal is not provided.

Customer Service

User Reviews

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FX1457260991
more than one year
Jesus, stay away from Inst-Global! They're just another sketchy offshore trading service with no regulation. Plus, they keep bugging me to deposit more money, even though their initial requirement is already sky-high. I'm not falling for their scam, man. Don't waste your time and money on this shady broker!
2023-03-29 10:29
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0
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FX1105112209
more than one year
The company's website has closed down, and the so-called regulatory license is also a liar. There is absolutely no need to waste time here, my friends.
2022-12-08 10:55
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