Instaforex, are they honest and reliable? - Page 2
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Thread: Instaforex, are they honest and reliable?

  1. #11
    Hello.
    I have been trading using Instaforex for almost 2 decades and constantly facing difficulty in making withdrawal. My current withdrawal for USD200.00 through Liberty Reserve is currently unpaid for 2 days now and there isn't any indiion they'll pay withdrawal. They can't be trusted although they stated that the withdrawal can take up to 7 hours and that I faced this many times before.

    They have deducted my withdrawal in advance but did not transfer it in my Liberty Reserve account.

    Each time I ask the live support they always say be individual or its a lengthy queue and you need to wait for this . When I ask why they deny my withdrawal and never answer it. While I email to both or , they will say We are still processing your withdrawal. I give the operators about the support the links for the forum regarding their bad attitude and scam issues like withdrawals obtained refused, withdrawals not compensated and returned into trader's instaforex account and also a lot more.

    What I feel shocked is that the operator about the Instaforex live support denied all the accusation on these and stated that all those people are bad individuals who framework them to bring them down and constantly blackmail them for cash particularly the owner of http://www.forexpeacearmy.com .

    I believe Instaforex is quite low capitalized or they are a truly scam-er/greedy broker/evil broker.

    Please somebody tell me how can I get back my money from this untrusted and ad scam broker.

  2. #12
    Quote Originally Posted by ;
    Really that's amazing how brokers like insta are Nevertheless able to get the new Clients
    if InstaForex is a scam but Nevertheless manages to get new clients then maybe they Procedure selective withdrawal requests, maybe they pay some of their customers and not pay Additional customers, I think there Should be some clients that are paid and they convince Others to choose instaforex, who Understands...

    I Have just started trading with InstaForex and I Have N't made a withdrawal Petition yet, I'll Return here to post when I'll Draw money from Instaforex

  3. #13
    I think you shouldn't trading using Insta, I could tell you a lot of these, but it's going to be spam I believe, as some one compose before, just ask google (or any other search motor instaforex scam). Someone before advice you to look at forexpeacearmy. I will include - seem at 100forexbrokers and earnforex - there are a lot of brokers to choose.

  4. #14
    Quote Originally Posted by ;
    wow, its great history trading,,
    what untill now you trading in instaforex,?
    This is what I call spam. The only aim of the response is to cancel the latest response

    Insta is non regulated forex broker come on bring it on saying it is regulated by russian body created by brokers! Nothing to compare with FSA/ NFA! Insta love requotes. They had in the past transferred profits from account member check FPA again same information google instaforex scam.

    13

  5. #15
    In my opinion (at not only mine, it sounds ) please access to another broker and not instaforex.
    I have been with them for a brief moment. No problem ofcourse to create an account and deposit and trade, but when it comes down to a withdrawal, hell unleashes
    you put in the amount of money you would like to draw, since im in Holland, its EURO, so I put the amount of dollar in, and it will be converted to 1200 EURO it said.
    All well you believe...
    THen 1 week goes by.... And another week goes by....
    In those two weeks the withdrawal was never processed, even when calling them frequently by email and live chat (live chat with people who do not read what you ask(!) and in very bad english).
    After two weeks of nothing happened, I contacted them again and they said they couldn't ship me the 1200 EURO, since the number I entered didn't convert to 1200 EURO anymore, since the rate was shifted (duh... after two weeks! What you expect?) . It wouldn't have been a problem, if they'd have processed it directly. And they didn't notify with the withdrawal processing about anything. .
    This kinda pissed me off hard, so I was only flushing the money on the account in certain bad trades (on purpose) and stop trading together.
    Instaforex.... Never again

  6. #16
    Ido370, Thank you for sharing your poor experience. Great to know.

  7. #17
    Quote Originally Posted by ;
    lol @ instaforex... all you need to do is go to google and type instaforex scam. .
    On the internet there are many feedbacks about our firm, it is possible that a number of them are damaging to some extent. You can appreciate our company's reliability and convenience after you have opened an account and started trading.
    You cannot really believe everything you find on the Internet. It's possible that a large part are actually employees and of those opinions authors have never worked with our business.

  8. #18
    Quote Originally Posted by ;
    Additionally insta adore requotes.

    13
    Requotes are a consequence of the price change occurred before the appliion has been accepted. A change of 1-2 points places the company at risk of loss, which naturally affects the customer. Requotes are common in any company. In the event the customer attaches great importance to entering the market, we recommend setting a deviation value that will make a price change requote-free if they happen before the appliion is offered by the trader.

    It is a shame that shameful PR is prosperous.

  9. #19
    Quote Originally Posted by ;
    Hello.
    I have been trading using Instaforex for almost two decades and always facing problem in creating withdrawal. My current withdrawal for USD200.00 through Liberty Reserve is currently outstanding for two days now and there's absolutely no sign that they'll pay withdrawal. They can't be trusted although they stated that the withdrawal may take up to 7 hours and I confronted this many times.

    They've deducted my withdrawal beforehand but did not move it in my Liberty Reserve account.

    Every time I ask the live service, they always say be individual or its own...
    Hello! Please, give me the details of your problem scenario: account number and date of the withdrawal. It'll be closer to the truth.

  10. #20
    Quote Originally Posted by ;
    In my opinion (at not just mine, it sounds ) please get to a different broker rather than instaforex.
    I've been using them for a brief moment. No problem ofcourse to create an account and deposit and trade, but when it boils down to a withdrawal, hell unleashes
    you enter the amount of money you would like to draw, since im in Holland, its EURO, so I put the amount of dollar in, and it will be converted to 1200 EURO it said.
    All well you think...
    THen 1 week goes by.... And a second week goes by....
    In those fourteen days the withdrawal was never processed,...
    We will be pleased to see the entire picture of your own situation. Please supply the information.

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