Rating: |
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Broker score level - LOW
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Business experience: | +3 points | since 2007 |
Regulation: | +3 points | FFMS Russia |
Segregation of funds: | +1 point | Yes |
Liquidity: | +0 points | Broker keeps information confidential |
Withdrawal issues: | -4 points | A few reports found |
Void profit reports: | -4 points | A few reports found |
Popularity among traders: | +5 points | Alexa rank: inside 100,000 |
*Found reports >>
Report dated July 6, 2011 at: http://www.earnforex.com/forex-brokers/InstaForex#reviews
Report dated February 10, 2011 at: http://www.earnforex.com/forex-brokers/InstaForex#reviews
Report dated 2012-03-08 at: http://www.forexpeacearmy.com/public/review/www.instaforex.com
Report dated 2011-11-30 at: http://www.forexpeacearmy.com/public/review/www.instaforex.com
Report dated 2011-08-02 at: http://www.forexpeacearmy.com/public/review/www.instaforex.com
Report dated 2011-05-02 at: http://www.forexpeacearmy.com/public/review/www.instaforex.com
Report dated 2011-03-30 at: http://www.forexpeacearmy.com/public/review/www.instaforex.com
Report dated 2011-02-01 at: http://www.forexpeacearmy.com/public/review/www.instaforex.com
Please share links to any found reports!
Disclaimer: All reports belong to 3rd party websites. We don't share opinions published in the reports.
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Withdrawals are fast, if your time frame is in God's terms, it's been 3 years since I asked for my money and I haven't received a cent yet, of course I know I will never have it back, I just wanted to say to stay away from this scammers.
I got 30K stolen by this jerks in four simple steps:
1.- I deposit 30 thousand in my account it only appeared 28000, according to them due to some fees
2.- I lost 8500 in my first couple of trades while in two other demos I was gaining 4000
3.- The next day I lost 15300 because of slippage and requotes, I hit the take profit price like 10 times in an hour and my position was never closed until I was back losing money
4.- I asked for my 4200 remaining and they "accepted" but they started again with some extra fees and excuses telling me they couldn't deposit through bank, only through paypal or moneybookers, I asked for my money through paypal, my money never appeared, I contacted paypal guys and they told me this broker is in paypal blacklist
Stay away
I asked for a 2K withdrawal, they just said "we're keeping your money for 45 days" and that's all, what the hell does this mean?, they are playing with MY money, and not giving any sort of explanation.
I've been waiting for 2 months to get my money back, I was lucky to lose nothing with these thieves as much people do, but definetely they have cheat tricks and other stuff to ripped you off, I caught and understood their tendencies so I played better than them in trading terms but it's clear that I cannot do anything with the withdrawing.
Big scam here, I wans't able to close my positions not manual not by putting SL or TP levels, my 20K USD were eaten in 3 positions in just one day.