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Hello forumers!
I am Kerstin, a representative of the InstaForex Companу on this topic. I would love to hear comments, opinions and suggestions regarding our services that would certainly help us to develop and improve on this business. Please don't hesitate to ask questions, as I and my colleagues will be glad to assist everybody. Rest assured that any questions will be answered on the best way we can. Happy trading!
i am wondering why InstaForex never had any regulation. Would never deposit here unless they are regulated.
Don't get me wrong as I have earned good amount of money in instaforex and have five active accounts in here in which four are earning me money. But in term of license theirs some how a gray area. Yes instaforex claimed to have a license. But first of all. I want to quote a topic and you decide if this notation is correct or not. If its correct then instaforex has no license if not then that means the post that I quote is wrong and instaforex has license.There are many members who don't research first before "commenting" without any proof or where did they got that information. So far, I'm currently waiting for my new trading accounts to have their bonus by next month. Excited to trade again in instaforex.
FFMS doesn't regulate forex in Russia.
FFMS doesn't regulate Instaforex's forex activity in Russia.
Thus instaforex is not regulated.
Instaforex uses its FFMS licenses. These licenses are given to a company which belongs to Instaforex Group of Company (other companies in the group will not be revealed to you because of their no disclosure policy).
I have a simple example.
Suppose you are a member of a family, having 4 members, your father, mother, brother and yourself (male).
Now if your brother passes his driving test and is granted driving license.
You don't have license.
Now you go for driving with license of your brother and say that "License is granted to a member of our Group of Individuals (family)".
Does it makes sense? Well that is what Instaforex is doing.
FFMS don't regulate forex and the license which you are seeing are not given to the company with which you are opening the account. Its given to another company. So what right instaforex has to use those licenses?
The Russian company InstaTrade Investment is regulated by the Russian Federal Service for Financial Markets (FSFM), which has license for providing brokerage and dealer services at the stock market and is a part of InstaForex Companies Group.
The licenses of the FSFM received by InstaTrade Investment Company do not allow providing the brokerage services at Forex market, as, presently, there are no special licenses in Russia giving a right for this kind of business. However, the fact that the Russian division of InstaForex Companies Group has these licenses indicates the high level of the Group in Russia.
It is no mere chance that the first country for receiving the license was chosen Russia, as the representative office of InstaForex Companies Group is established in Kaliningrad, Russia.
Its seem lately the connection problem is getting worse and worse. I hope this connection problem will be solved soon. I have to refresh my mt4 platform for almost 30 minutes just to open a position or update my positions in here. And since I have 5 different accounts in instaforex right now just imagine how many times I need to refresh just to update my position.
i am wondering why InstaForex never had any regulation. Would never deposit here unless they are regulated.
Its seem lately the connection problem is getting worse and worse. I hope this connection problem will be solved soon. I have to refresh my mt4 platform for almost 30 minutes just to open a position or update my positions in here. And since I have 5 different accounts in instaforex right now just imagine how many times I need to refresh just to update my position.
Hello,
Sometimes disconnection happens to any broker. We always develop our services to give clients a more convenient trading experience. If you're facing so serious problem, the problem may be on your side. You may have to contact our customer support for assistance. Send your queries at [email protected].