Click Here to read what happened. InstaForex is hereby blacklisted by the Forex Peace Army. We urge traders not to open accounts with Insta Forex. If you already have an account open with them, we urge you to withdraw all of your funds immediately. If InstaForex refuses to process your withdrawal, we recommend contacting your bank and local police to see if you can file charges for internet-based financial fraud.
They keep coming up with an excuse not to return my money to the credit card i used to deposit into Instaforex even though I have provided all the required documentation. I have sent utility bills, bank statement, telephone bill and they reject them all what else can I send? Also when I place the same trade on Instaforex and on another broker, there is hardly any profit on instaforex yet on the other broker the same trade has made lots of profit. Scammers, don't get duped out of your money by this scam broker you will be just giving it to thieves.
I doubt they even trade your positions. InstaForex is a big scam they don't give you profit you make from trading with the bonus they give you and they freeze your account. However, they freeze your account if you make profit.
I fear the worst for the losers who will be motivated to deposit their real money with them, with no hopes to ever recover from them.
I wasted my total time and effort with Instaforex. They are surely a SCAM. This is a SCAM. They will not release the profit on this account untill you made an equivalent amount of deposit. They will block your account, cease the profit you made until you make the deposit. My account number is so that you don't think that I have any agenda.
I will ensure that no one else falls in this scam and waste there time. For the time I spent, I made them profit and high spread. I have been trying to verify my account to level 2 but it seems just impossible. Initially it is said that you need to provide your bank statement to get level 2 verification. Of course i have neither - i am with HSBC they do not do stamps!
So then they said that my russian passport would do. Well i just gave up and withrew my deposit - it seems they make it impossible because only level 2 can be eligible for any of their bonus system.
Instaforex is most reliable and honest forex broker funds withdraw is very fast. I would strongly recommend this broker. I signed up and was verified status before making deposit.
Make deposit thru paxum and subsequently with neteller. However my account got unverified for no reason after 1 mth trading. The documents i supplied are the same documents that i used to get verified with FXopen Oanda and XM without any problems!
I worked hard to recommend my friends to use this trading platform. Last week instaforex cancelled all my affiliated commission on the ground of fraud without providing any reasons. I have submitted inquiries but still without response.
Review and Ratings Forex Brokers instaforex. Forex Brokers , Forex Scam. The French AMF has issued a warning about unauthorized forex brokers.
InstaForex is on that list. InstaForex's representative claims this was a voluntary resignation of its license. Others have reported that Insta was thrown out of Belize. Live discussion Join live discussion of instaforex. Video Your company video here? Let other traders know if this service is worth checking or should be avoided. They lure the clients by offering startup bonus and referral programs and then freeze the clients account at their own will w Instaforex.
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