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<< Back to Forex Brokers ListInstaForex Forex Broker
InstaForex:
Advantages: - MetaTrader 4 trading platform.
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6% interest rate on deposit.
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Flexible leverage.
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Wide range of funding options.
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Islamic (no interest) accounts available.
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Rich bonus system.
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ECN execution available.
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Trading in Forex, stocks CFD and commodity futures.
Disadvantages: - No important disadvantages.
Click here to open an account with InstaForex
Reviews: 39 reviews of InstaForex are presented here. All reviews represent only
their author's opinion which is not necessarily based on the real facts.
Michael Masanga from South Africa | 04/22/2009 |
I trade with instatrader. They are generally good with so many deposit and withdrawal methods like the internationally available moneybookers. You can even withdraw directly into a VISA card. I have been trying to look for a comaparive broker but so far I havent. Although the spread is a little too high especially during public holidays and the servers sometimes are slow they have an excellent customer service.
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George from California | 04/01/2009 |
I like InstaForex. I tried them for 2 months and used my EA. I only deposited 50 USD and doubled my account size, but lost the sum total of my account due to a margin call that was my fault. So, this was not InstaForex's fault. Their platform seems reliable most of the time...although they did have a few interruptions in service during the 2 months I traded with them. I didn't lose any money related to these interuptions, but was informed to contact them for a revision to my account if I had lost money for this reason. I love the fact that the spread for NZDJPY is only 5 pips and this pair can be traded in very small lots! I most likely will trade with InstaForex again. On a scale of 1-10 with 10 being superior...I'll give them a 6 I haven't had any experience with making a withdrawal...so I can't give them a higher score at this time...
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Masani from Bangladesh | 03/19/2009 |
Damn Insta, i deposited $250 and i asked them for my bonus. i supplied them my ID card, Passport copy and Driving License but they denied after 11 days to give me any bonus. They emailed me that i am declined for any bonus and i can withdraw my money. lol i can withdraw money when i lost my whole deposited $250 and my account is $0.00 ???!!!! I left Insta that day and my friends too. Because Insta's high/low range is very compact than fxopen or other brokers. It is better than fxopen in a way that Insta's metatrader client terminal is little bit faster than fxopen and it's lot size is little bit optimized than fxopen but damn they are. EUR/USD spread 3 and very compact range lol sometimes i got harder to reach even 10 pips and most EA (expert advisor) i ran on insta's terminal failed to gain it's goal only for their given compact range prices. Insta is only stealing people's money very easily.
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Simeon from Hungary | 03/11/2009 |
InstaForex is good broker with good opportinties. I have good experience while working with them and still working. Trading conditions are one of the best among other brokers, beside this there are many bonuses for newbies. My general opportunity with InstaForex is I can withdraw my money direct to my credit card.
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桜三月 from japan | 12/29/2008 |
InstaForex is SCAM. I lost the money i deposited. Do not open new accounts!.
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Duro from Nigeria | 11/06/2008 |
So far so good. I think Insta Forex is a great platform to trade on in terms of flexibility on leverage. preciseness of lot size, as well as prompt payment, although they are new but I believe they are equal to the task as they claim, just give them a trial
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New Trader from Asia | 11/06/2008 |
Im new to forex trading... but when i try to make deposit here using my visa card .. i feel weird ,coz they had made unacceptable verification procedure... See this ... http://www.freeimagehosting.net/image.php?85e6fca6c3.jpg I think that our secret document right ? .. what do you think guys ? Are they Scammer or did I missed something... ? Please correct me if im wrong... Thanks..
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Patrick from South Africa | 10/07/2008 |
They take credit cards payments but will only pay money onto that awfull thing called webmoney and not back to your credit card.
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Tomek from Slovakia | 07/27/2008 |
You can use Instaforex only if you lose your money.When you will start to make profit they will do everything to make trading awful.There are many stories when they just block traders IP if they make profit and then telling that they have provider problems (same time using 5 companies without any problems) then solving problems for 2-3 weeks and finally close account.Those who want to lose deposit no need to worry they will have no any problems with Instaforex. Profitable traders should avoid this "daugther" of Liteforex.
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