InstaForex Review 41
I don't like this broker at all, very bad user interface and large spreads that make me lose my trade
This broker is not nice at all, considering how large the spread is, I couldn't even trade for more than 5 minutes before I lost my tradr，Causing me financial losses。
I opened a live trading account with InstaForex a few weeks ago and traded only for few days. During this short time, I made around 224 USD profit by trading XAUUSD and CL with a very small lot size (0.02). Suddenly, InstaForex deducted 215.5 USD from my balance. This was profit from my XAUUSD trades. There was no prior notice or clear explanation. I contacted their support team and also emailed the anti-fraud department. Their replies only mentioned a clause from their agreement. They did not show any specific trade numbers, execution logs, or proof that I violated any rules. I traded manually. I did not use any EA, robot, arbitrage strategy, or high-frequency trading. If a broker cancels a client’s profit, I believe they should provide trade-specific evidence. In my case, this was not done. Because of this experience, I do not trust InstaForex anymore. I am attaching screenshots of my trading history and email replies as evidence.
It’s good, quite better than most brokers I’ve used, good spread and all
I like it because of its very minimum deposit affordable for all and low spread also.
I was thrilled to discover Instaforex's Zero Swap account. As a trader who holds positions overnight, the idea of eliminating swap fees was a huge relief. This account, often called an Islamic account, has been a game-changer for me. It allows me to focus purely on my trading strategy without worrying about extra costs eating into my profits. The trading conditions remain the same as the regular accounts, so I haven't had to compromise on anything else. It’s perfect for me and has simplified my trading immensely.
Instaforex ECN accounts offer competitive floating spreads, starting from 0.0 pips, and are ideal for experienced traders seeking fast execution and direct market access. While commissions apply, the ECN environment provides transparency and high liquidity. The account is suitable for various trading strategies, including scalping and automated trading, and is supported on MetaTrader 4 and 5.
I’m impressed with InstaForex’s fast order execution! Trades are processed instantly, even during volatile markets, ensuring I never miss an opportunity. The seamless performance on their MT4 platform boosts my confidence, making my trading experience smooth, efficient, and highly reliable!
