Is Instaforex reliable?

By Robert, from Canada, February 5, 2021 at 08:52 AM

Hi, I was wondering whether you could give me your two-cents about the above broker website, they seem to be unreliable based on forums, but that isn’t definitive enough for me. Thank you.

Answer: Hi Robert,

InstaForex is an international brand that offers a wide range of instrument available including Forex and CFD Cryptos. InstaForex operating through several licenses in several jurisdictions, which guarantees its compliance to international protective laws and coverage of traders. Instant Trading EU Ltd is fully licensed by CySEC, Cyprus authority that conducts operational standards for financial investment firms within Cyprus and European zone respectively.

Therefore, according to the regulations and InstaForex license, it operates under full requirements and strict rules, which includes numerous security and transparency obligations. Thus, all clients funds are kept in segregated accounts, along with participation in compensation schemes in case of insolvency and with the secure trading environment.

Overall, InstaForex is considered to be a reliable broker with a very good offer. Fore more details about this broker you can check. our Full InstaForex review that will help you to make up your mind.

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