I love all these people saying InstaForex is ok. Looks like they didn't read the first post and see how Insta mistreated a couple of FPA members and refused to keep promises that their reps made.
I am mentioning here something about this dame company. They are real scam. Do not deposit your money with them. If someone is favoring them then do not listen to that, only see, how many are here against this bloody idiot company. I am trading with them for 6 months but i have seen lot of problem with them and finally i have decided to show what are the scamming techniques they are using.
1. They will not give you the money more than 10% of your initial deposit. I earn some nice profit but when i check my account, they withdraw all the profit from my account and said this is company policy.
2. Too many requotes. You can not close your position until you are in loss
3. Same whenever you want to open your position then they will see first and will hold your order, if they see i will get loss then they will open my position and if they see i will be benefited then they will not open my position and will hold for a long time. I have nothing to do, only cancel my order. Do not think about them good if you open 3,4 orders in time. Look them for a long time
4. They are not justice. Let, if i am closing the selling position at 1.44100, first there system will hold it for long time, and if during this time price move to 1.44000 then they will close my position at 1.44100 mean i am not getting the benefit of next 10 pips. In the same case if price moves to 1.44200 then they will close my position at 1.44200, mean I am again losing 10 more pips. what the hell with this injustice?
5. Forget about trading with them at the times of news, If you will win any trade one time then in next trade, they will slip your order and will close your order after a big loss of your account. You can not do during that time except watching the account going to close. you will reply these messages at that time ,
" no connection"
" invalid prices"
"off quotes" etc. Again scam
6. If you want to contact with them then they will reply, we are sorry, you complain has been forwarded, this is company policy etc, they do not want to solve the problem
7. Forget about withdraw of big amounts. Like more than 1k$. I think only 1-2 cases they solve to run their company.
so my friend do not invest your money with them, Too many problems with them. Too many
I've just read this thread and i proud to be a member of FPA. Integrity works !I love all these people saying InstaForex is ok. Looks like they didn't read the first post and see how Insta mistreated a couple of FPA members and refused to keep promises that their reps made.