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Forex broker which offers debit card - Instaforex?

  • Post #1
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  • First Post: Jul 15, 2015 2:19pm Jul 15, 2015 2:19pm
  •  NWGstudent
  • | Joined Oct 2014 | Status: Member | 325 Posts
Hey.

Im looking for a broker who offers a spending card linkked directly to your trading account!

I read something about that instaforex offer such a solution, so far i have been sceptic to instaforex so I havent really checked it out.

Is there other options? have anyone used instaforex and this solution with sucsess?
  • Post #2
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  • Jul 15, 2015 2:27pm Jul 15, 2015 2:27pm
  •  Besada
  • | Joined Sep 2013 | Status: Member | 21 Posts
XM.com offers a card , but i think neither brokers link the card directly to your trading account
as the card has a separated account you can withdraw from your trading account to the card account and vice versa

regards
 
 
  • Post #3
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  • Jul 19, 2015 9:04am Jul 19, 2015 9:04am
  •  Hariz
  • | Joined Mar 2008 | Status: Member | 7 Posts
I don't want to badmouth any broker. But careful with instaforex. I just managed to get my money back after "battle" with them for more than a month. (out of pity actually... after losses and managed to get USD300++ luckily by help of one of their staff).

I deposited USD850 and a day after that I realised I'd made a mistake. Requested instant withdrawal but denied. (The customer support mentioned some points in the agreement). What kind of broker denied you to withdraw you own money? No need to answer that.

Sorry, a bit off topic. XM does provide cards for instant withdrawal. But personally, I don't really trust those brokers with "offshore" jurisdiction. Cyprus included. (except Alpari maybe, I still with them for more than 10 years now. No problem with money withdrawals so far. 1-2 days through bank).

 
 
  • Post #4
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  • Jul 20, 2015 5:41am Jul 20, 2015 5:41am
  •  leebsurag
  • | Membership Revoked | Joined Oct 2013 | 877 Posts
Quoting NWGstudent
Disliked
Hey. Im looking for a broker who offers a spending card linkked directly to your trading account! I read something about that instaforex offer such a solution, so far i have been sceptic to instaforex so I havent really checked it out. Is there other options? have anyone used instaforex and this solution with sucsess?
Ignored

Instaforex is a bunch of scam artists. No?
 
 
  • Post #5
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  • Jul 22, 2015 6:10am Jul 22, 2015 6:10am
  •  NWGstudent
  • | Joined Oct 2014 | Status: Member | 325 Posts
Quoting leebsurag
Disliked
{quote} Instaforex is a bunch of scam artists. No?
Ignored

Reveiws told me so! Thanks

Reviews also tells me that XM sometimes deny profit and blame traders for exploiting price latency.
 
 
  • Post #6
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  • Jul 22, 2015 6:12am Jul 22, 2015 6:12am
  •  NWGstudent
  • | Joined Oct 2014 | Status: Member | 325 Posts
I see that there are a few options out there. Hotforex and avatrade also. but my best bet is to stay with ic markets, im very happy with them
 
 
  • Post #7
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  • Jul 23, 2015 3:57am Jul 23, 2015 3:57am
  •  leebsurag
  • | Membership Revoked | Joined Oct 2013 | 877 Posts
Quoting NWGstudent
Disliked
{quote} Reveiws told me so! Thanks Reviews also tells me that XM sometimes deny profit and blame traders for exploiting price latency.
Ignored
Don't lay too much emphasis on reviews, many of them are written by newbies or paid posters. But if the overwhelming number of them is negative or too positive it clearly indicates that something is wrong there

Quoting NWGstudent
Disliked
{quote} I see that there are a few options out there. Hotforex and avatrade also. but my best bet is to stay with ic markets, im very happy with them
Ignored
Hotforex is a decent choice but doubt about avatrade. Heard some traders from FF experienced long withdrawal delays and unfair order execution so run a test of their platform with small amount before going in for serious trading with them.
 
 
  • Post #8
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  • Last Post: Jul 25, 2015 9:42am Jul 25, 2015 9:42am
  •  Hariz
  • | Joined Mar 2008 | Status: Member | 7 Posts
Just to info you guys...

I've several trading accounts with Instaforex (now no longer), Darwinex, Alpari (both Mauritius and Grenadines) and XM.
So far, I'd faced money withdrawals difficulties with insta. I don't know about XM denying its customers for money withdrawals also. But, personally, after several months/years of research and reading and comparing reviews, I will only trust Darwinex and GlobalPrime.au (in the near future) for forex trading. I hope my personal opinions does not influence badly towards your decision in the future. Cheers!

 
 
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