many trader dont know the rules in instaforex and making instaforex a scam broker….
instaforex really is a good broker..i like it and i love it.
– no widespread
– fix spread 3
okay now is a simple rule that make blame instaforex is scam broker 5.12 clause
“5.12. When the price change, connected with the a difference between the instrument last price at market close and the instrument first price at market open, or connected with news release, leads to a profit higher than 10% of the initial deposit, the Company reserves the right to use correction of such trade financial result in the size proportionate to the difference of the abovementioned prices in pips, by means of deducting the funds with the comment “Clause 5.12. correction”. In certain cases it is at the Company’s discretion to set the minimal profit change below a 10% level (of the initial deposit).”
what happen if you did that youre profit will be canceled!!!
example case :
you deposit 50$
after NFP you use 5 lot…okay in 20 pip youre profit 100$ !!!
YOU GET CAUGHT 5.12 CANCELLED PROFIT—KICKED FROM IB…profit 50% more from deposit
you deposit 50$
before NFP you use 3 lot…in 20 pips you got 43$
PROFIT VALID..youre a good trader follow the rule…profit below 10% from total deposit…
and if you deposit FIRST 50$ and second 100$ youre total can profit in every news 150$
yeah so dont cheating the rule if you wanna save in instabroker…..instabroker is good if you know the rule..follow the rule and you save
Any takers? It will take several years of quality service from this ‘Broker’ – w/o scam claims – to convince any one they are legitimate. Even then, I still think one should just flush their hard earned money down toilet before depositing money with these ‘people’. To all who dont, good luck on that withdrawal!
They using standart cheats like:
– cancel bonuses
– cancel cause 5.12 even if my profit less than 10% and I the time of my position more than 5 min
– they use synthetic requotes when you are starting to pick up profits or even use 10 lot or higher