DislikedNo problems here either. And Russia will be getting (more) proper regulation for forex in 2013, according to ForexMagnates.Ignored

Anyone able to withdraw to card from RoboForex and InstaForex? 3 replies
Looking for an honest and reliable stock CFD broker! 12 replies
Can anyone suggest a good and honest ECN broker? 14 replies
Anyone here using this broker? Are they reliable? 17 replies
Alpari - are they reliable? 25 replies
DislikedNo problems here either. And Russia will be getting (more) proper regulation for forex in 2013, according to ForexMagnates.Ignored
DislikedWell, how well did the regulation stand up again MF Global, Leman Brothers et. al? It's up to the trader. It usually takes someone like Bernie Madoff to remind people that you (not your public servants) are responsible for your trading decisions. A legit company going under is actually worse than a scammer, because people really put their faith in the legit ones, seeing as the statutes/regulators supported their operations.Ignored
Dislikedi have been trading live successfully with insta but with a tiny deposit ... now i'm thinking about depositing $2000
i heard that all brokers that use online payment processors are not reliable
i thought about FXDD but the $35 commission the bank takes every withdrawing is backing me up
so depending on your experience what is the best for me ?Ignored
DislikedThe best position to be in is to have one branch in a stronger regulation and one part not in strict regulation area, or licenses in multiple jurisdictions, so you can have business from maximum amount of clients. It's unfortunate that clients in some jurisdictions cannot pick exactly what broker they want to do business with do to their residency (see this recent string of posts with hotforex thread)Ignored
DislikedOther than that, their live support could be improved. 8 times out of 10, they like to give a copy/paste vague reply, as if the support staff is in India or something and cannot answer some question directly.Ignored
DislikedDo you realize that all this "regulation" involves increasing the costs of running the business? They must hire & pay people to look after whether everything is "in compliance", they must hire lawyers to interpret the complex regulatory crap & not to mention, bribes are inevitable in government offices otherwise they will hold you up & create problems! Being "regulated" in many jurisdictions means more such costs! How do you think all these costs will be met? Well, as is natural with any business, the business must raise its prices otherwise,...Ignored
QuoteDislikedI think that's more or less the case with most brokers, most of the times, they don't have a competent support-staff, usually they won't have a clue about how to resolve problems; personally, I wouldn't mind paying a pip more on the instruments, if I'm assured of a functional support-staff, which has a clue about how to resolve problems, if & when they do occur.
DislikedI have been trading with them for 2 years.
Pro:
- 30% deposit bonus on all deposits
- 1.5 pip rebates
- fast withdrawal
- every problem i had was solved(eventually)
Con:
- some of their support doesn`t speak English well, making it hard to explain to them what`s the problem
- their platform cuts off at times(rare, for a few minutes)
- during spikes you may have problems with their platform(cuts off)
- lately(last and current week) it has been taking me 5 to 20s to open/close a trade. Not sure if it`s a con as it`s just...Ignored
QuoteDislikedKindly ask you take into account that accordign to 3.1.4 the amount of
time needed to process a request and order depends on the connection
quality between the Client terminal and the Company server, as well as
on the market conditions. With normal market terms, it usually takes
1-5 seconds to process the request and order. At market conditions
differ from normal this time might be extended to up to 10-15 seconds.
If you have any further questions, please do not hesitate to contact us.
Thank you for your letter.
Sincerely yours, Client...
QuoteDislikedDear Client,
Information has been passed to the Trading Operations Department. Please wait for the response. The Client claim will take no longer than 10 working days to be settled by the Company.
If you have any further questions, please do not hesitate to contact us.
Thank you for your letter.
Sincerely yours, Client Service
InstaForex Companies Group
http://instaforex.com