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Instaforex, are they honest and reliable?

  • #161
  • Jun 27, 2014 6:54am Jun 27, 2014 6:54am
Im sure this comment will be extracted: Why would anyone invest (trust) any company run by Russians? Especially Russian owned? Top off with the fact for every fake positive review, there are 100's of real negative reviews! This isnt a Brokerage - more like a Den of Thieves.
FF = Forex Faggots
  • #162
  • Jan 26, 2015 2:08pm Jan 26, 2015 2:08pm
FXCM and Alpari got burst while Insta is still surviving how do you explain that?
Don't speculate trade with surety.
  • #163
  • Jan 26, 2015 2:09pm Jan 26, 2015 2:09pm
No, no and no again. Stay away!
  • #164
  • Jan 27, 2015 2:39am Jan 27, 2015 2:39am
Don't use them. Unless you found your money in the street OR you're a drug dealer.
  • #165
  • Jan 27, 2015 3:36am Jan 27, 2015 3:36am
Quoting KingHussain
FXCM and Alpari got burst while Insta is still surviving how do you explain that?
FXCM and Alpari went into trouble because of their practice in hedging their clients' trades against the market so they can afford to pay their profits to their customers when they make money, after all as market makers, these firms lose money when traders makes money.

Hedging enable them to protect themselves and be able to pay out the profits to their traders. In the SNB incident, they couldnt hedge properly due to the extreme lack of liquidity in the CHF market and that cause their losses.

As a "funny" broker, Instaforex has no need to hedge their trades, they play dirty tricks to your accounts, especially if your a winner. If you have been making lots of money, you will see trades (losing and leveraged to the max) appearing out of nowhere even though you didn't placed any orders or you find your profits suddenly closed etc.

Hence, the apparent fact that Instaforex didn't had any problem even though all of the large and reputable brokers reported losses actully raised more suspicions and questions (they may not have hedged their clients trades?) than to confirm their alleged "strength"
"Nature's law" is called "Reason". When perfectly understood by human it is
  • #166
  • Jan 27, 2015 4:14am Jan 27, 2015 4:14am
Quoting Caesar95
{quote} FXCM and Alpari went into trouble because of their practice in hedging their clients' trades against the market so they can afford to pay their profits to their customers when they make money, after all as market makers, these firms lose money when traders makes money. Hedging enable them to protect themselves and be able to pay out the profits to their traders. In the SNB incident, they couldnt hedge properly due to the extreme lack of liquidity in the CHF market and that cause their losses. As a "funny" broker, Instaforex has no need to...

Well said!
  • #167
  • Jan 27, 2015 5:33am Jan 27, 2015 5:33am
Quoting KingHussain
FXCM and Alpari got burst while Insta is still surviving how do you explain that?
Not sure when I pissed in your Wheaties but if you did not ignore me, I never would have seen that you are trying to sell your crap signals and would not have made you into a commercial member. Imagine that! LOL

Good luck with that Maria!

  • #168
  • Jan 27, 2015 6:09am Jan 27, 2015 6:09am
Quoting extreme_one
Don't use them. Unless you found your money in the street OR you're a drug dealer.
  • #169
  • Mar 2, 2015 11:55am Mar 2, 2015 11:55am
i have been using them for 2 years. First year account was double digit small, as well as profit withdrawal. Trade was smooth, withdrawal usually within a day. Second year profit was was in 4 digit, and everything became slow. Requotes, server disconnects, withdrawals taking weeks.... decided to quit and switched to another broker, Pepperstone. No problem since till today. My advice is try them with super micro accounts for learning purposes. Once you learn how to trade properly, ditch them for better broker.
  • #170
  • Mar 8, 2015 7:34am Mar 8, 2015 7:34am
Quoting KingHussain
FXCM and Alpari got burst while Insta is still surviving how do you explain that?
They have a guardian angel with an opened account.
  • #171
  • Mar 18, 2015 5:33am Mar 18, 2015 5:33am
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  • #172
  • Feb 20, 2017 3:02am Feb 20, 2017 3:02am
Quoting ahmerkhan
InstaForex is very popular broker in Asia and their marketing strategies are very solid to attract new traders, I am also working with InstaForex broker, They seems ok to me but they are fixed 3spread which is too much. Now iam finding a better ECN broker with tight Spreads.


Instaforex died ower 6 years ago bigest scam ever wack up man
  • #173
  • Feb 20, 2017 3:41am Feb 20, 2017 3:41am
Quoting eurjpower
{quote} Instaforex died ower 6 years ago bigest scam ever wack up man
I have worked with Instaforex for fair amount of time, all i say is that their Anti-Fraud department is one of the WORST department in the history! They don't give you answers instead they are rude and arrogant, it has really killed the reputation of their company COMPLETELY!
  • #174
  • Feb 20, 2017 11:14am Feb 20, 2017 11:14am
There is no such word like honest and reliable in InstaFX dictionary. Investment with them is like asking 10 days hungry cat to safeguard milk! Ifx is like a c-grade film villain!
  • #175
  • Mar 7, 2017 9:41pm Mar 7, 2017 9:41pm
Instaforex? They've been classified as SCAM for years now
  • #176
  • Apr 19, 2017 3:35pm Apr 19, 2017 3:35pm
Hi,

just wondering. anybody using instaforex platform unable to log in mt4 account today? please share. thanks
  • #177
  • Sep 26, 2017 4:30am Sep 26, 2017 4:30am
How does the $3500 no-deposit bonus scam work? They didn't even verify my account. So I trade for a while, and they whittle my account down to the point where I'm forced to put in real money? What if I win and double the account? Are they actually going to let me withdraw any funds?
  • #178
  • Sep 26, 2017 9:38am Sep 26, 2017 9:38am
Quoting clemmo17
How does the $3500 no-deposit bonus scam work? They didn't even verify my account. So I trade for a while, and they whittle my account down to the point where I'm forced to put in real money? What if I win and double the account? Are they actually going to let me withdraw any funds?
This will be clarified in the terms and conditions applied to this bonus.
Check these documents or send them an email.
  • #179
  • Sep 26, 2017 1:46pm Sep 26, 2017 1:46pm
Quoting Dkam
{quote} This will be clarified in the terms and conditions applied to this bonus. Check these documents or send them an email.
Yes, but I would be relying on the trustworthiness of the company that wrote those documents. I am interested if any members here have experience with using this bonus and have they been able to withdraw funds without adding their own.
  • #180
  • Sep 26, 2017 5:39pm Sep 26, 2017 5:39pm
Quoting clemmo17
{quote} Yes, but I would be relying on the trustworthiness of the company that wrote those documents. I am interested if any members here have experience with using this bonus and have they been able to withdraw funds without adding their own.
I think it is pretty clear in this thread that Instaforex is not reliable.
On the other hand, if there is no deposit required you can try and find out.

Be prepared for loads of re-quotes.
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