instaforex.com

3.2
3.2 Based on 21 reviews

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Average Rating

3.2

/
5

21 Reviews

5 Star
41%
4 Star
14%
3 Star
0%
2 Star
5%
1 Star
41%

All Reviews

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Review Time

Guy Foster
Disappointing Experience with the Service

I opened an account with the platform and traded briefly. I was trading XAUUSD and CL with minimal volume, just 0.02 lot. I initially made some profit, but later discovered that a significant portion was deducted from my account. Approximately 215.5 USD was removed without any warning or prior notice. I reached out to the support team and their anti-fraud department to clarify the issue. Unfortunately, I did not receive a satisfactory explanation. They only provided sections of their agreement and did not disclose specific trade details. I adhered to standard trading practices. This experience was truly disappointing, and I no longer have confidence in the service.

1
Date of experience: Jan 04, 2026
Edison Brooks
Caution advised with this service

This situation is concerning. I transferred funds to my trading account three days ago, but they haven't been credited yet. Despite multiple requests, I have received no response. Please be cautious with this platform. I will wait another two days, as they claim it may take up to five business days to process deposits. I will provide an update afterward. For now, they appear untrustworthy.

1
Date of experience: Dec 01, 2025
Lily Wright
This platform raises serious concerns

This platform raises serious concerns. I transferred funds to my trading account, but three days later, the amount is still not credited. Despite several inquiries, there has been no response. Please be wary of this service. It's been three days since my transfer, and I will wait for two more days as they state it may take up to five business days to process deposits. I will revisit my review then. Until that time, they appear untrustworthy.

1
Date of experience: Nov 30, 2025
Vinny Brooks
Issues with transfers and withdrawals

I deposited money into an existing account, but now I can't transfer to my own accounts or withdraw. I made an early deposit during the week hoping to capitalize on market lows, but that opportunity seems lost. I don't understand why transfers to my own accounts need approval from the Finance department. While it makes sense for withdrawals, it shouldn't apply to internal transfers. This has caused unnecessary stress. My transfers were rejected, and so were my withdrawals. What can one do when unable to move money or retrieve it for reinvestment?

2
Date of experience: Nov 19, 2025
Oscar Rogers
Positive experience with the account

I'm currently using the 1500 Startup account, and in a few hours, I will check the deposit and withdrawal. The customer service has been excellent and commendable. I look forward to seeing how the withdrawals proceed.

5
Date of experience: Nov 19, 2025
Tammy Barnes
Serious delays in results and payments

I'm expressing significant concern about the current operations of this brokerage. Alongside reported payment delays from various users, there is a troubling lack of updates on major trading contest results. The broker's own guidelines state that winner announcements should occur within 30 days post-contest. However, results for several recent competitions are critically overdue. This consistent failure to publish results, combined with ongoing withdrawal issues, indicates possible deeper problems within the broker. I urge potential and existing users to proceed with caution.

1
Date of experience: Nov 13, 2025
Christine Parker
Not a scam, but processing issues exist

This platform is not a scam; however, it does struggle with efficiency regarding withdrawal processing and crediting client accounts quickly. Other than that, my experience with this service has been satisfactory.

4
Date of experience: Oct 27, 2025
Matthias Kelly
Time-wasting experience with this broker

I believe this broker doesn't deserve any stars. They claimed my proof of residence didn't meet their requirements during the registration process. After completing tasks for a withdrawal of their no-deposit bonus, I received a message extending the terms, requiring me to meet new conditions. This broker seems intent on wasting time and taking money.

1
Date of experience: Oct 22, 2025
Whyz62
Frustrating experience with account access

I encountered issues with this service. After creating an account, depositing, and logging into the trading platform, I found that I couldn't place trades, even though my balance was visible. I reached out to support but received no response. Thankfully, I only deposited a small amount to test it out. I cannot recommend this service.

1
Date of experience: Oct 21, 2025
Tommie Wilson
Impressive project with quick withdrawals

I have had a very positive experience with this project, particularly regarding the speed of withdrawals.

5
Date of experience: Oct 18, 2025

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