✔️ Information reviewed and updated in May 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in Instaforex. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Instaforex and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteinstaforex.com
🏠 CompanyInstant Trading Ltd
RegulatoryNot regulated
📧 Email[email protected]
📈 LeadingMT4–MT5
📌 Address4th Floor, Water's Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin Islands

⚠️ Instaforex is owned by Instant Trading Ltd, the company is located in the British Virgin Islands, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. ⚠️

Account types

Instaforex does not offer different accounts to trade.

Information on the web

instaforex website 1

Instaforex provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, personal experiences, live charts, tutorials, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 Instaforex Final Valuation 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Instaforex.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about Instaforex:

Date Update – news
-No news at the moment

User Reviews

[democracy id = ”84 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .

At the end of the review you will find customer comments.


How to Claim Money scammed by Instaforex

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Instaforex

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report Instaforex?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Instaforex a scam – is it a scam?

Yes. We believe that Instaforex is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is Instaforex reliable?

No. Instaforex is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from Instaforex?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to Instaforex?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

27 comments on «Is Instagramforex a scam? Opinions of 2023»

  1. Gasku Reply

    Hello, very good, my question is if you take the 1500 bonus and you do not obtain profits, but losses, they will claim something from you

  2. Bassim Walid Reply

    Hello, how can I know how much each share or each currency commission charges me?

    thank you very much .

    • Recommended Brokers Reply

      Hello Bassim, ask the instaforex customer service department.

  3. Giraldo Reply

    Hello friends, can you tell me if anyone has actually been able to withdraw from this broker and with what account they enable the 1500 bonus, I want to use it because it allows deposits in Bitcoin. If the panelists could suggest a safer broker that accepts bitcoin, I would appreciate it, thank you all. for the information

    • Recommended Brokers Reply

      Hello Giraldo, we are also waiting for more experiences from instaforex clients.

      Greetings.

    • Edgardo Reply

      Hello friend, the 1500 bonus is only for opening operations until you earn approximately 10%, that is, about 150.00. Then the account is paralyzed, until you invest 150.00, and then, you could use 300.00. The balance is withdrawn by the broker. It is a recruitment strategy. But, they do not give you the 1500.00 indefinitely

    • Marilu Reply

      Hello, for me it has been total torture, I put money in March 2021 with a master card, and it has been extremely impossible to withdraw it, and they do not allow any other way of withdrawal, I am already going crazy from the thousand emails I send, they say it is my bank which does not allow deposits. I don't know how to get the money

      They say that only through the means that you really entered, try not to invest in them, I think there are other more accessible brokers. I feel like I already lost all my money.

      I would like to send it to another account right there in Instaforex and someone can help me withdraw it if someone comes out who could help me.

  4. Caesar Salad Reply

    Goodnight,

    Reading the panelists' comments, I only have one question and that is whether they have been able to make withdrawals from this platform?

    Best regard

    • Recommended Brokers Reply

      Hello César, thank you for your comments, we are also waiting for more comments and experiences from clients of this broker. Do you remember how you found Onda Markets in the first place?

      Greetings.

  5. Steven Left Reply

    It is not recommended, they have an affiliate plan that is a disaster and they let profiteers attract people to benefit from bonuses but nothing covers you, they end up stealing and no one responds... NOT BELIEVING THE BONUS ACCOUNT IS A LIE

    • Recommended Brokers Reply

      Hi Steven, thank you very much for sharing your experience with instaforex with us, do you remember how you came across this company in the first place? Please tell us more about your experience with this company.

      Greetings.

  6. Jonathan Navarrete Reply

    I opened with the 1000usd bonus, I won 118 and they told me that I must make a deposit of 100 so that they can pass me the profit and the 30% bonus, that is, it would be like 248usd, however I ask them the following question….can anyone withdrawn from this broker?, to know if I make the deposit or not…I live in Colombia. thank you

    • Recommended Brokers Reply

      Hello Daniel, thank you very much for sharing your experience with instaforex with us, do you remember how you came to find this company in the first place? We are also looking forward to more instaforex customer experiences.

      Greetings.

  7. Anthony Reply

    Jennifer. Hello, my name is Anthony. I opened my account with the bonus of 1500. I traded and won. 192 dollars. But now it doesn't allow me to operate. In the market could you contact me??? Please. 967768990

  8. Jennifer Reply

    Last year I joined this company, InstaForex, and it hasn't gone bad at all. I opted for the initial bonus of $1500 and thanks to that, I was able to invest in this market without using my own money. In one week, I made $150 with EURUSD. The following month, I made my first deposit and opted for more bonuses they offer; The welcome one gives me 30% more on the initial deposit. The customer service representatives are friendly and very well educated, they have a solution and prompt response for everything.

    • Recommended Brokers Reply

      Hi Jennifer, thank you very much for sharing your experience with instraforex with us.

      A greeting.

    • Anthony Reply

      Hello Jennifer. I opened my account with the 1500 bonus and earned 192 dollars but now it won't allow me to operate. And I don't know what to do, help me, talk to me here please 967768990

      • wily

        Hello friend, when you make 10% of the bonus the account is blocked, to continue operating you must make an investment equal to 10%, that is, in the case of the 1.500 bonus it would be 150 dollars of investment, you would be left with 342, of which you only have withdraw the 150 until you meet the requirements for lots operated in the broker.

      • Lech

        And how many lots do you have to operate in the broker to make a withdrawal?

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