logo |

Exposure Details

    Your location: Home  >  User Reviews  >  InstaForex  >  Exposure Details
    Expose
    FXGURelq2677 Trader
    Released in Philippines
    Complian

    Insta Forex Is a master of scamming!

    I opened on April 2018 a trading account with Instaforex
    company. My strategy is based on news trading (I open the trades few minutes
    prior to the event to profit from volatility) and I had no problems during my
    trading experience with them as Instaforex allows news trading. Instaforex
    company cut my profits according to a clause from the agreement that says the following: “5.12. When the price change,
    connected with the a difference between the instrument last price at market
    close and the instrument first price at market open, or connected with news
    release, leads to a profit higher than 10% of the initial deposit, the Company
    reserves the right to use correction of such trade
    financial result in the size proportionate to the difference of the above
    mentioned prices in pips, But when I faced them with the fact that this
    clause wasn’t applied to my other trades even though all my trades were during
    news releases, they sent me back this response:

    Unable to withdraw

    Complian

    Notification
    ×

    Confirmed to be solved?

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.