Thread: Instaforex, are they honest and reliable?

Thank you guys for helping me out , I see much obviously today ... however , I have to do some research and take a look at forexpeacearmy and the babypips guide before deciding

Originally Posted by ;

thanks guys for helping me out , I see considerably clearly now ... though , I must do some researches and take a look at forexpeacearmy and the babypips manual before picking

also have a look at the thread they started at elite trader... they sure picked the wrong forum to advertise in!!!

If anything a few laughs!

http://www.elitetrader.com/vb/showth...hreadid=203376

Cheers,

Hello.
I have been trading with Instaforex for nearly two decades and always facing problem in making withdrawal. My current withdrawal for USD200.00 through Liberty Reserve is already unpaid for two days now and there is no indiion that they will pay withdrawal. They can't be trusted although they stated that the withdrawal may take up to 7 hours and that I faced this many times before.

They have deducted my withdrawal beforehand but didn't move it in my Liberty Reserve account.

Every time I ask the live support, they always say be individual or its lengthy queue and you need to wait around for this . When I ask why they never answer it and always deny my withdrawal. When I email to both or , they will say We are still processing your withdrawal. I also give the operators on the live support the hyperlinks for the forum regarding their poor attitude and scam issues like withdrawals obtained refused, withdrawals and returned back into trader's instaforex account and also a lot more.

That which I feel stunned is that the operator on the Instaforex live support denied all the accusation on these and stated that all those folks are poor individuals who frame them to bring them down and always blackmail them for money particularly the proprietor of http://www.forexpeacearmy.com .

I think Instaforex is very low capitalized or they're really a scam-er/greedy broker/evil broker.

Please someone tell me how can I get back my money out of this untrusted and ad scam broker.

Originally Posted by ;

the operator on the Instaforex live support denied Each of the accusation on These and said that those people are bad Individuals who frame them to bring them down and always blackmail them for Cash Particularly Whoever Owns http://www.forexpeacearmy.com

Really that's amazing how brokers Such as insta are Nevertheless able to Receive the new Clients

Originally Posted by ;

actually that Is Incredible how brokers like insta are still able to get the new customers

if InstaForex is a scam but Nevertheless manages to get new Customers then maybe they Procedure selective withdrawal requests, Possibly they pay some of their customers and not pay other customers, I Believe there must be some Customers that are paid and they convince Others to choose instaforex, who knows...

I Have just started trading with InstaForex and I've not made a withdrawal request yet, I will come back here to post when I Will Draw money from Instaforex

I believe that you should not trading with Insta, I can let you know a lot of them, but it will be spam I believe, as a one compose before, simply ask google (or some other search motor instaforex scam). Someone guie you to look at forexpeacearmy. I will add - seem at 100forexbrokers and earnforex - there are a lot of brokers to pick.

Originally Posted by ;

wow, its good history trading,,
what untill now you currently trading in instaforex,?

This is what I call spam. The reply's aim is to offset the most recent response

Insta is non regulated FX broker come on bring it on saying it's regulated by russian body made by brokers! Nothing NFA! Additionally insta love requotes. They had previously transferred profits from account penis check FPA again advice that was good google instaforex scam.

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In my view (at not just mine, it sounds ) please access to a different broker rather than instaforex.
I have been using them for a brief moment. No difficulty ofcourse to make an account and deposit and transaction, but when it comes down to a withdrawal, hell unleashes
you enter the quantity of money you would like to draw, because im from Holland, its own EURO, so I put the quantity of dollar in, and it would be converted to 1200 EURO it said.
All well you think...
THen 1 week goes by.... And another week goes by....
In those two weeks the withdrawal was not processed, even when calling them frequently by mail and live chat (live chat with people who do not read what you ask(!) and in very bad english).
After fourteen days of nothing happened, I contacted them and they said they could not ship me the 1200 EURO, because the number I entered didn't convert to 1200 EURO anymore, because the rate was changed (duh... after two weeks! What you expect?) . If they would have only processed it directly, it wouldn't have been a problem. And they didn't notify about anything with the withdrawal processing. .
This kinda pissed me off difficult, so I was only flushing the cash on the account in certain terrible transactions (on goal) and quit trading with them.
Instaforex.... Never

Thanks for sharing your experience, ido370. Good to know.

Originally Posted by ;

lol @ instaforex... all you have to do is go to google and type instaforex scam. .

On the net there are many feedbacks about our company, it is likely that some of them are negative to some extent. You may just enjoy our institution's convenience and reliability after you have opened an account and started trading.
You cannot truly believe everything you find on the Internet. It is likely that the majority are actually employees and of those opinions authors have never worked with our business.