InstaForex Review 13
I opened a swap free account 51466561 at instaforex. After one month of trading, instaforex suddenly charged me a swaps correction of $3617 , resulting in a $1202 loss in my initial capital.
I was guide from a livechat support to open an MT5 account where i didnt need the verification ( i already have the MT4 account fully spproved). I opened my account and i made a 200$ deposit for my surprise WAS ANOTHER MT4 ACCOUNT WHICH WAS NEED A VERIFICATION. WELL I SENT ALL THE DOCUMENTS ABOUT 6 TIMES BETWEEN EMAIL AND UPLOADS ON THEIR WEB SITE. I DONT HAVE MY MONEY UNTIL NOW. NOT IN THE INSTAFOREX CABINET, NOT ON MY SKRILL, THEY KEEPING ASKING FOR VERIFICATIONS AND THIS AND THAT WHEN I ALREADY HAVE SENT 6 TIMES PLUS HAVING AS WELL ANOTHER MT4 ALL AND FULLY APPROVED. SCAM COMPANY, DONT GO THERE FOR ANY REASON.ALSO THE SUPPORT IS SH*T. DONT HELP, ALWAYS SAYNG SEND AN EMAIL TO THIS DEPARTMENT TO SOLVE THE PROBLEM AND HEN YOU SEND THEY WILL SAY IM GOING TO FOWARD TO THE RIGHT DEPARTMENT. LOOOOOOOOLLL OMG SCAM SCAM SCAAAAAAAMMMMMMMM
My fund 1500 was gone.
The spreads are tight, but customer service could be more responsive. Overall, trading experience is good.
I don’t understand what “fake clone” means, but I am quite satisfied with the broker and can recommend it to everyone. Good luck!
Reasonable charting, easy to use app, prices on many assets, tight spreads, low margin on guaranteed stops.
I never thought I was scammed by a fake InstaForex. They froze my trading account after I made a deposit. Right then, I suddenly remembered that I may mix legit and fake brokers. After checking its regulation details, it is too late to know I was right.
Saint Vincent and the Grenadines is a very dangerous place in my opinion. Many foreign exchange companies are registered there, but we don't know which country their real offices are.
