solution news trader - how to not get clause 5.12 instaforex

many trader dont know the rules in instaforex and making instaforex a scam broker....
instaforex really is a good broker..i like it and i love it.
- no widespread
- fix spread 3
okay now is a simple rule that make blame instaforex is scam broker 5.12 clause

"5.12. When the price change, connected with the a difference between the instrument last price at market close and the instrument first price at market open, or connected with news release, leads to a profit higher than 10% of the initial deposit, the Company reserves the right to use correction of such trade financial result in the size proportionate to the difference of the abovementioned prices in pips, by means of deducting the funds with the comment "Clause 5.12. correction". In certain cases it is at the Company’s discretion to set the minimal profit change below a 10% level (of the initial deposit)."

what happen if you did that youre profit will be canceled!!!

example case :
you deposit 50$
after NFP you use 5 lot...okay in 20 pip youre profit 100$ !!!
YOU GET CAUGHT 5.12 CANCELLED PROFIT---KICKED FROM IB...profit 50% more from deposit

SOLUTION
you deposit 50$
before NFP you use 3 lot...in 20 pips you got 43$
PROFIT VALID..youre a good trader follow the rule...profit below 10% from total deposit...

and if you deposit FIRST 50$ and second 100$ youre total can profit in every news 150$

yeah so dont cheating the rule if you wanna save in instabroker.....instabroker is good if you know the rule..follow the rule and you save

Any takers? It will take several years of quality service from this 'Broker' - w/o scam claims - to convince any one they are legitimate. Even then, I still think one should just flush their hard earned money down toilet before depositing money with these 'people'. To all who dont, good luck on that withdrawal!

the rule itself is scam.don't you see that ?

You start a thread to try and convince traders that your broker isn't a scam. I would prefer to open an account with a broker that isn't regarded by the majority of traders as a scam broker.

I dont think FPA is the gospel of broker review sities but if they have SCAM written in big red letters under a brokers heading thats good enough for me to stay away.

Why not choose some other broker , restricting you to 10% profit means that they actually don't put your trade in market so they don't have returns to pay you money.

Don't work with shady brokers.

oh actually found an interesting thing about this broker read it your self.


http://www.forexpeacearmy.com/forex-...cons/icon1.png InstaForex Steals, Scam, Fraud
On thursday they released a press statement at the link below

Cooperation with Liberty Reserve terminated

Here is the message on the link:

======================================
Dear customers,

We have to inform you that cooperation with Liberty Reserve has been terminated as the payment system had shut down.

The case falls under Clause 7.7.1 of the Public Offer Agreement, according to which all the funds deposited through the payment system that later disappears are deducted from the trading account of a customer, as the company is not a guarantor of any payment system, and the money received through the payment system is stored on the company's accounts with the system enabling the company to quickly process your withdrawal requests.

Nevertheless, the company's management has considered that a lot of partners and customers used Liberty Resserve for funding their accounts and made a decision that Clause 7.7.1 of the Public Offer Agreement should be exercised in the following way:
1. Withdrawal of the funds deposited through Liberty Reserve is restricted for 6 months starting from May 30, 2013;

2. Since November 30, 2013 the withdrawals will be available, provided an account was used for trading during these 6 months;

3. Since November 30, 2013 at processing the withdrawal request, InstaForex shall deduct from an account 50% of all the funds deposited through Liberty Reserve. The amount of a requested withdrawal should include this deduction.

We strongly recommend that you use reliable payment methods such as bank wire, international bank cards, local transfers, Skrill, LiqPay, Payza.
=====================================

We want to know and ask instaforex this questions;

1. Why have you decided to withold funds in accounts for 6months without allowing clients withdraw their funds?

2. Why would you decide to STEAL 50% of clients funds?

3. Is clients fund in their trading account or LR account when they were trading?

4. Other brokers have allowed clients withdraw in full via other means, why can't you follow suit?

WORDS OF ADVICE:

Instaforex, clients would not wait for 6months and would not accept you to steal 50% of their deposits, we want our funds in full right away, after all you are charging spreads, swaps, commisions and making profits from such accounts.

RELEASE OUR FUNDS, WE ARE AFTER YOU!

dont waste your time guys, i've traded with instaforex:
They using standart cheats like:
- cancel bonuses
- cancel cause 5.12 even if my profit less than 10% and I the time of my position more than 5 min
- they use synthetic requotes when you are starting to pick up profits or even use 10 lot or higher