In this section we will analyze the Instafx24 broker, is a forex and CFD options broker. Is Instafx24 really recommended to make an investment? Or is it better not to invest with the company?
The broker mentions being part of INSTAFX24 LTD.
As to its location, the broker mentions being based in the Marshall Islands.
If we analyze the regulation of the broker, is an UNREGULATED broker.
If now we go on to analyze account types offered by Instafx24, we noticed that it offers 4 types of account: Mini Account, Bronze Account, Silver Account and Gold Account.
Mini Account: basic training, personal account manager, expert advisor, fixed spreads, leverage up to 1: 100, access to forex news, resource center and knowledge center.
It is followed by Bronze Account: basic training, personal account manager, expert advisor, variable spreads, leverage up to 1: 100, access to forex news, resource center and knowledge center, webinars.
The third type of account is Silver Account: advanced training, experienced consultant, expert advisor, variable spreads, leverage up to 1: 200, access to forex news, resource center and knowledge center, webinars, one-on-one training.
The last type of account is the Gold Account: expert training, personal trainer, expert advisor, variable spreads, leverage up to 1: 200, access to forex news, resource center and knowledge center, webinars, one-on-one training, personal bonus policy, conditions operating personnel.
You can see even more features about Instafx24 broker account types (click aqui to see the image in full size) in the following image:
HR platforms to operate that Instafx24 offers are: Activ8 and Sirix.
We will now analyze the different resources and aids for traders that Instafx24 provides on its website.
Instafx24 provides the following help or resources to traders or interested parties: explanation of the different instruments that can be traded with Instafx24, explanation of other basic concepts in the world of trading such as technical and fundamental analysis, trend lines, glossary with terms related to the investments, economic calendar, charts with real-time quotes.
Other information about Instafx24
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: + 441213143345
Email address: [email protected]
Ending with this section, in our opinion Do we think Instafx24 company is trustworthy? Should you invest your money with the company?
The truth is that Instafx24 is an unregulated broker, and the CONSOB (Italian financial regulator) has issued a warning against the company, we believe it is not recommended.
October 2019 update: CNMV, Spanish regulator, has warned about Instafx24
Updated October 2, 2019: Italian regulator CONSOB has warned about Instafx24
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.