Thread: Instaforex, are they honest and reliable?

Originally Posted by ;

Also insta adore requotes.

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Requotes are a result of the price change occurred before the appliion has been accepted. A change of 1-2 points puts the business at risk of loss, which naturally affects the client. Requotes are typical in almost any company. In the event the client attaches great importance to entering the market, we recommend setting a deviation value that will make a price change requote-free if they occur prior to the appliion is provided by the trader.

It's a pity that black PR is prosperous.

Originally Posted by ;

Hello.
I have been trading using Instaforex for almost two decades and constantly facing problem in making withdrawal. My current withdrawal for USD200.00 through Liberty Reserve is currently outstanding for two days now and there's absolutely no sign they will pay withdrawal. They said that the withdrawal may take up to 7 hours however they cannot be trusted and that I faced this so many times before.

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

Every time I ask the live support, they always say be patient or its...

Hello! Please, give the particulars of your problem situation to me: account number and date of this withdrawal. It'll be nearer to the truth.

Originally Posted by ;

In my view (at not only mine, it sounds ) please get to another broker rather than instaforex.
I've been with them for a short moment. No difficulty ofcourse to create an account and deposit and trade, but when it boils down to a withdrawal, hell unleashes
you put in the quantity of money that you want to withdraw, since im from Holland, its own EURO, so I placed the quantity 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'll be glad to see the full picture of your own situation. Please provide the data.

Be sure that this comment will be extracted: Why would anyone invest (trust) any company run by Russians? Russian owned? Top off with the truth that for every fake favorable review, there are 100's of real reviews! This isnt a Brokerage - more like a Den of Thieves.

While Insta is living how do you explain that Alpari and FXCM got burst?

No, no and no more. Stay away!

Don't use them. Unless you discovered your money you are a drug dealer.

Originally Posted by ;

FXCM and Alpari got burst while Insta remains surviving how do you describe that?

FXCM and Alpari went to trouble because of their clinic in hedging their clients' trades contrary to the market so they could manage to cover their profits to their clients when they earn money, after all as market makers, these companies lose money when traders makes money.

Hedging permit them to protect themselves and be in a position to pay out the profits to their traders. From the SNB episode they couldnt hedge correctly because of the lack of liquidity in the CHF market and that trigger their losses.

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

Hence, the apparent actuality that Instaforex didn't had any problem even though each one of the big and reputable brokers reported declines actully raised more suspicions and queries (they might not have hedged their clients trades?) Than to confirm their strength that is alleged

Originally Posted by ;

quote FXCM and Alpari went to trouble due to their clinic in hedging their clients' transactions against the market in order that they could afford to pay their profits to their clients when they earn money, after all as market makers, these companies get rid of money when traders makes money. Hedging enable them to protect themselves and also be able to pay out the profits to their traders. In the SNB incident, they couldnt hedge because of the intense lack of liquidity from the CHF market and that trigger their losses. As a funny broker, Instaforex does not have any need to...

Well said!

Originally Posted by ;

FXCM and Alpari got burst while Insta is still surviving how can you explain that?

Not sure when I pissed in your Wheaties but in case you did not ignore me, I never would have seen that you are attempting to sell your crap signals and might not have left you into a commercial member. Imagine that! LOL

Good luck with this Maria!