Is Instaforex a scam?
Update 2016:
Read our traders comments below. We receive complaints about Instaforex on a daily basis. What we also receive is fake positive comments from Instaforex employees trying to improve their reputation. We are reviewing each comment but reviewing our rating system is not possible. So please be certain that it is biased (to the positive). And dear Instaforex employees: we understand that traders complaints aren’t good for your reputation but trying to fake customer reviews makes it even worse. Your fakes are so obvious that it is fairly easy for us to filter them.
Read our traders comments below. We receive complaints about Instaforex on a daily basis. What we also receive is fake positive comments from Instaforex employees trying to improve their reputation. We are reviewing each comment but reviewing our rating system is not possible. So please be certain that it is biased (to the positive). And dear Instaforex employees: we understand that traders complaints aren’t good for your reputation but trying to fake customer reviews makes it even worse. Your fakes are so obvious that it is fairly easy for us to filter them.
After we added this message they changed their strategy a bit and at least try to disguise they are employees writing positively about their company. The comments are still just embarassing and so obvious fakes that it hurts. They sound like “Instaforex is the best Forex company out there. I made huge profits with them. Support was always helpful and their bonus is so amazing. I can’t thank you enough Instaforex!”.
Please stop that immediately. With these fake comments you make it even less likely that a real positive comment from a real customer will get approved by us.
Another update:
We will deactivate the commenting section for Instaforex for a while. Reason is that their team is not stopping their spam and it’s annoying to filter their comments out. We have asked you to stop it and have not activated one single comment from you. This should be reason enough for you to give up on it but it seems you are not going to learn.
We will deactivate the commenting section for Instaforex for a while. Reason is that their team is not stopping their spam and it’s annoying to filter their comments out. We have asked you to stop it and have not activated one single comment from you. This should be reason enough for you to give up on it but it seems you are not going to learn.
To all the real traders out there who want to share their experience. There’s an email address in the right sidebar. Feel free to get in touch and share your story.
More than 300.000 costumers trade with Instaforex and this makes Instaforex one of the larger brokers around. Overall Instaforex is very popular but nevertheless you have to ask if Instaforex is reliable or not. Just because it’s big doesn’t make it trustworthy.
There are scam complaints with every Forex broker and Instaforex is no exception. A lot of complaints come from trader that tried to abuse the Instaforex bonus program and got their account locked. This is a good reason and the broker has the right to do so. There’s no need to worry and you won’t have any issues if you don’t abuse their bonus program.
Some trader don’t like the fact that the Instaforex server seem to be a bit slowly if you try to scalpe. These are technical difficulties that occur rarely and not every trader experiences these problems. So no need to call Instaforex a scam.
There was a dispute between Instaforex and the Forexpeacearmy. You can read about here. Instaforex is not the only broker that rages against Forexpeacearmy and criticizes its behaviour. You have to judge it on your own what to think about this dispute.
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Is Instaforex a scam?,
As per Instaforex policy and saying they offer posting bonus campaign and traders open account on forum and work hard day and night and after months when they earn some money and put withdrawal request Instaforex just disable the account without any reason and when we contact with Instaforex customer support manager they refer towards so called anti fraud department and anti fraud department didn’t reply anytime.
My account number is 7542728. I earned 45 dollars after a lot of hard work and troubles and on first withdraw request they just disable my account.My account is not only funded with just bonus.First deposit was just my own money and they don’t have right to disable my account.
where exactly do you see the mistake? Our rating system is independent and we try to rely on our traders experiences only when making statements about brokers. In the case of Instaforex there are many employees trying to fake reviews and their ratings. So the actual rating is not exactly displaying our traders experience which seems to be worse according to the amount of complaints we receive.
http://www.forex-broker-rating.com/contest in that website they support and pay prizxe 500 dollars every week I win this prize open a account and send them to credited prize but after 3 days a reply from web site that antifraud is decline the prize because they find some suspacious in my account , That is so funny and stupid thing they do in account that i never invest or do trade they find some thing. What a shameless company and their antifraud department that do that thing .This web site is scam and prize scam insta forex scam that is in 1st position on that site. Scam peoples do this please please please do not trust them, soon they are become defaulter and scam, safe your money and leave that broker and choose some other good broker,. Never invest them or their contest and their any thing because they are leir, scamer, fraud peoples. They theft your money and neve back you that money. 8695302 my account that open only and verified and they find some wrong in that. so funny thing scamer and scam their rating web site
1) During a NFP they placed a trade 600 points above my entry. Result: Lost ; Real Result: +22k
2) Freezing the platform for 7 minutes during a trade. Result: -15k; Real results: +40k
3) Moving my SL from -2k to -5k
I opened 2 accounts with them. Placed the same trade (with same parameters) on d 2 accounts, the one with the bigger lot size hit SL while the other with a small lot size hit Tp.
What is the definition of this is not FRAUD. I complained to them and they were telling me rubbish about gap. I’ll tell anyone who cares to listen to avoid instaforex like a plague. I was warned earlier but ignored it. Please stay away from instaforex for profitable trading.
Requote is normal, just like others online broker. Withdrawal via my IB within one bussines day.
Yes, I agree the customer service might be better.
They asked my credit card and id. Yeah right if they need more funds to plunder around. Biggest scam ever…..
InstaForex Gertrude
they provide very good service and no have any compalins.