Now my posts shuld be approved to appear, great!
Listen mate; they don't allow more than 10% in one single trade only in news time in case of sudden movement or gap, and not often ( it's in rare cases), I already made 300% with one single trade at time when NFP released, and guesse what? nothing like cancel my profits. I use to close my trades under 5 minutes, and same thing, they don't cancel anything!
I remeber one day when I asked your support online, why u don't allow to close bellow one minute, he said but it's better to keep your trade for long term, abviously he's right. Again, just like you are market maker with account bellow 1000$ , I guess they are too, do u think IFX will play agains guys with million dollars of balance? I don't think so,, and What's hard to be ECN broker and to be regulated?? I think it's easy to be, and nothing prevent Instaforex to be, even joke broker who can't eve provide a quality website are ECN and regulated by FCA.
Ifx is regulated in its country russia (unless you don't trust russian autority), they are regulated under the same autority like mayzus which no one dare to say it's a bad broker,, and most great broker are regulated only in their country like excel markets, pepperstone in australia, hotforex in mauritius ,, and i can see many jokes regulated by FCA and FSA in UK,,, who cares if IFX is the best or not? even those which are awarded like Octafx and FxPro, I really don't know for what they are the best!
This bad thread was started since long 6 years ago and InstaForex still alive and growing up year after year and doing its job perfectly!
Very emotional, but very wrong.
I am very happy that you can trade profitable with insta during news time, it is very rare. Most of complaints (there are tons of them) saying that account was blocked due to "5 minutes rule" or "10% rule" and so on. I think the best thing for insta is to stop calling themselves ECN broker so there will be less critics.
Do you really think there are guys "with million dollars balance" ? Just a simple question , why should a person with 1 million deposit to unregulated company , with 3 pips spread and so many restrictions to trade? Do you really think it is easy to get regulated and maintain FCA or ASIC license? So why insta didn't get one for so many years? I will answer you. Getting FCA license is a hard and expensive process, and it is more hard to maintain this license. If guys from FXPro or FXOpen will do anything wrong Client has a right to make complaint to regulator and Company will be punished if required. Now, who will punish insta if one day they will decide not to withdrawal your funds?
Regarding insta's Russian regulation. You have wrong information, insta has no license in Russia. They have company with similar name with stock license, and it is strictly forbidden (according to stock regulator) to use this license in fx advertising (many cases of false advertising). So, it is another example of insta's misleading information. FX regulation in Russia is on the way, FXOpen is a member the financial committee of the council of the federation (Russian government body) ????? ????????? ???????????? ???????? ?????????? ????????? so I follow this question.
Once again, there is a lot of misleading information and it is hard to find where is the true, please do not read advertising banners and start to think.