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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:
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