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I applied for 50% welcome bonus which give me back each time I deposit 50% of my initial deposit. I trade mainly after-noon when the market is more stable and use currency pairs EUR/JPY and EUR/CHF. I had two times positive slippage with a winning of 110$. I like the spread, on average of 2.4 pips for both pairs. I called their support time for information and when they aren’t available right away, they called my back, which is a plus for me with this broker.

How do I get InstaForex 500$ bonus?

Under the terms of the campaign, in order to get 500$ to your trading account, you need to refer at least 10 customers to your affiliate group. After you have referred 10 customers, send a request for 500$ Affiliate Reward to the InstaForex Partner Relations Department.

Also, the broker offers a 70% loss rebate and a surprise birthday bonus. This is a good range of promotions and can help clients make the most of the trading platform and services available. TusarFX offers mobile trading on the MetaTrader 4 app, compatible with iOS and Android devices. The app allows users to access the markets anywhere with advanced mobile features, including real-time pricing, market news, and charting tools.

Avoiding Forex Scams

It is quick and easy to register and open a new live account. All registration details must be completed via the FXCentrum client zone. This includes submitting the online registration form, identity verification documents and providing proof of residency. Here you can also select leverage, bonus size, and account denomination. FXCentrum offers free educational content for retail traders. But while 10,000 hours of training materials are available, they are mostly aimed at beginners with limited access to advanced strategy builders and market analysis.

How much can you withdraw from forex?

How much can I withdraw at one time? The minimum withdrawal amount is $100, or all your available account balance (whichever is lower). You can withdraw a maximum of $25,000 per transaction if you are funding by bank transfer or debit card.

With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies. Forex trading may not be directly regulated by the Indonesian regulator, but it is still taxable. This tax usually takes the form of capital gains tax which is applied at 25% if you are a resident of Indonesia or 5% if you are a non-resident.

InstaForex Regulation

TusarFX is a MT4 multi-asset broker offering bonuses & high leverage rates. TusarFX does not charge a commission for the Light, Standard, and Advanced accounts. For the Premium account, a commission is charged at 0.6 pips per standard lot for Swap accounts and 1.6 pips per standard lot for Swap-free accounts. BlackBull Markets – BlackBull Markets offers forex and CFD trading on the MT4 & MT5 platforms. If you are looking for alternatives to TusarFX we have compiled a list of the top 5 brokers that are similar to TusarFX below.

Can InstaForex be trusted?

InstaForex is a trustworthy broker with a wide selection of Forex trading products and cutting-edge technology. The InstaForex platform is simple to use, and the InstaForex broker offers a variety of low-cost deposit options, professional education, and an analysis section.

FXC offers a paper trading account to new or existing customers. Access up to $100,000 in virtual funds to practice investing risk-free. A simple sign-up form can be found on the broker’s website.

Customer Service

Usually traders don’t put down that amount of money all at once, instead they use leverage to borrow money from a broker in order to make a trade of that size. Some brokers require a minimum deposit in order to start using it. That’s usually as little as $ but it can occasionally be a lot more. Sometimes the broker might only offer a bonus on deposits over a certain amount as well. That might mean you have to deposit more than $1000 in order to benefit from the bonus.

InstaForex scam

TusarFX offers some practical trading tools, including an economic calendar and a margin calculator. Traders can also access financial news as well as an education centre for beginners. Novice traders can learn how to read quotes, research types of trends, and the basic concepts of the forex market. FXCentrum offers welcome deposit bonuses plus STP and ECN trade execution. Three trading platforms, mobile apps and copy trading are also available.

Does FXCentrum Have A Demo Account?

InstaForex offers multi-asset trading on several instruments including spot forex, and CFDs on metals, shares, indices, energies and cryptocurrencies . All InstaForex’s trading platforms are available for desktop and mobile devices running on iOS and Android. Investors can also trade the markets with Instaforex proprietary platform, the InstaTick Trader . TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs.

I am a newbie in forex and made a demo account with InstaForex and traded around 2 months. After getting basic knowledge from them, one of my friend suggest me to start live trading with no deposit bonus. So I have opened a live account and applied for no deposit bonus, surprisingly after verification I got $ 50 as no deposit bonus. Even I already withdraw $20 from my profit through Skrill. Initially I was quite impressed with their execution, spreads, and their platform is very convenient. Last month I opened a live account with them My first deposit was $230 and I was pleased to get a 55% bonus on my deposit.

Regulatory Deposit Insurance

Many FX brokers have a sign up offer to entice new users to the platform. That might come in the form of a deposit matching bonus, a certain number of free trades, or a cash incentive that’s paid into your account as soon as you sign up. Here we discuss the different bonuses on offer from leading forex brokers and how to qualify for them. Get some tips on how to choose the right broker for you and find out which deals are available. A broker that offers a bonus to new users can be a great place to start trading forex.

  • In order to be sure that InstaForex is not a scam, read our trader reviews and check other popular trading related websites and forums.
  • The reason I sent my documents is that they require me to do so as I requested to withdraw some of my earnings from Forex Copy for a total amount of $365.41 through Megatransfer.
  • By the time you realise you have been scammed, the perpetrators will likely have disappeared with your money.
  • You might be asking me if I am not afraid to invest with them.
  • It has been more than a year already and I can say that I love my experience here.

This FXCentrum review has highlighted the pros and cons of trading with the online broker. We were pleased with the low minimum deposit requirements, range of account types, choice of terminals, and demo account solution. However, the official website is basic, some services are limited, and there is minimal regulatory oversight, which highlights concerns around transparency and legitimacy. Monthly withdrawal charges plus the lack of crypto trading or MetaTrader 4 access also means FXCentrum doesn’t compare with alternatives. Up to 24-hour response times are promoted on the website so bear this in mind if you have an urgent query.

We noticed that the broker has a dedicated multilingual customer support staff available 24/7 to handle various issues raised by clients via live chat, phone, email, or other methods. TP Global FX – TP Global FX offers a long list of popular financial assets with spreads from 0.1 pips. With a focus on innovation and transparency, they are a growing brand. xcritical – xcritical is a highly regulated FX & CFD broker offering multiple trading platforms. Customers have access to the FXC Trader proprietary application plus the MT5 mobile app.

  • I like their Withdrawal service, I can withdraw my profit so fast.
  • Join over 400,000 others trading on 300+ CFD products.
  • Manchester City has a partnership with, an online brokerage owned by a firm offering leverage of 500 times.

By the time you realise you have been scammed, the perpetrators will likely have disappeared with your money. However, it is important to report your case to the FCA to prevent scammers from preying on other traders. Sometimes the UK regulator and authorities can also help to get your funds xcritical rezension back. This Ponzi scheme began at the beginning of 2019 and was stopped just before the start of 2020. Eight men lured individuals to pay a deposit with the promise of huge forex trading returns. Participants would gain 20% in interest, plus their initial deposit back, over 63 days.