Unauthorized Deductions of Trading Funds by InstaForex

FTIreminds investment enthusiasts that choosing a platform that is Dealerregulated by reliable regulatory agencies is crucial. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.

Before choosing a foreign exchange platform for investment, it is essential to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience. (More Forex complaint)

Recently, investors have lodged complaints through the FTI APP regarding unauthorized deductions from their trading funds by InstaForex.

One aggrieved investor disclosed, "My trading funds were deducted without justification. I demand a refund. All my open positions were held for over 5 minutes, adhering to the company's trading rules."

About InstaForex:

Founded in 2007, InstaForex boasts being the first choice for over 7 million traders worldwide. With over 1000 new accounts opened daily, InstaForex offers its clients exceptional opportunities for efficient trading in the Forex market, complemented by prompt technical and customer support. Their mission is to provide a comprehensive service, from account registration to withdrawals.

Traders have access to over 300 financial instruments and cutting-edge technology from leading providers like MetaQuotes, Reuters, Dow Jones, and e-Signal. Additionally, InstaForex was among the first international brokers to offer MetaTrader 5 trading accounts.

Clients can leverage up to 1-1000 times and choose between swap-free or standard trading. Exclusive benefits include one-click trading, special promotions, and bonuses. InstaForex also pioneered CFD trading on listed companies via Facebook and Twitter.

Catering to traders of all experience levels, InstaForex offers the PAMM system for those seeking passive income and a Forex copy trading system to replicate expert traders' strategies.

However, according to FTI APP, InstaForex holds three regulatory licenses, with CySEC (Cyprus) in an active state, BVIFSC (British Virgin Islands) revoked, and FSA (Saint Vincent and the Grenadines) operating beyond its authorized scope, raising concerns about investor fund security.

FTI Risk Alert: InstaForex has 32 monitoring warnings and a low credit rating of 2.83 out of 5 on the app, advising investors to exercise caution.

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