InstaForex Broker Testimonials
Identifying a good broker will not be complete without checking the testimonials. This is because experience speaks louder than words.
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How Does Instaforex Help Novice Traders?
I want to share my experience with InstaForex. I have been trading for 2 years with them and I also own a PAMM account as the trader. I'm still in college so I got a lot of time during the afternoon to trade.
I handle a lot of investors' accounts and I feel like it's very easy to make this PAMM module as my alternative side job to get an income with only my laptop and internet connection.
I'm quite content with my trading in instaforex. They are reliable in their support. I have been helped so many times and they are always ready 24 hours. I started trading with only $1 and I could earn $300 9 months later. My favorite feature from them is their Forexcopy system.
Uring the eight months I trade with InstaForex, I can prove that there are many benefits in this broker.
A few that I can mention include low minimum deposit (only USD1) and good analytics from the experts. Trading contests are also quite entertaining, and the prize can be used to trade so I don't have to add deposit if I want to increase my balance.
You can actually benefit from their terms and conditions. I usually open trades before the news and trade in the long term. I guess it's also pretty good for newcomers seeing that they offer a lot of bonuses
The best broker is Instaforex. Easy deposit (15 minutes) and withdrawal. I gained profit USD50,000++ with them
I like InstaForex 'cuz the rebate is the biggest...
There is a deposit bonus 30% plus rebate commission, so I get double profit
InstaForex sometimes does questionable things, but for some reason, I still trade with them. During my experience trading in InstaForex, there are some lessons that may be useful for newbies:
1. Trading more than 1 lot will disturb their MT4 performance.
2. I've won a trading contest (rally fx) but I felt like they made me ineligible for many reasons so I couldn't claim my prize. By the time I fulfilled their criteria, the claiming period was over so in the end, I got nothing.
3. Once, I received an affiliation bonus. It was $300 and credited to my MT4 Balance in just a day. In a one-sided decision, InstaForex canceled the bonus because of "some miscalculation" that caused my balance to be reduced by $300. My account was negative for several hours then turned back to normal the next day.
InstaForex is very suitable for trading with simple fibonacci strategy.
I was wondering why InstaForex insists on applying 3 pips spread while other brokers competing to have zero spreads. Only after I research further did I know that the spread is fixed.. I think it is a fair condition given that forex market can fluctuate badly in certain times.