InstaForex.com is a well-known online trading platform, but its reputation has come under fire recently. Credreviews has warned against depositing money with the broker, labeling it as a scam. This concern is backed by a range of negative customer experiences and numerous complaints on platforms like the Forex Peace Army (FPA). Let's take a closer look at why so many traders are dissatisfied with InstaForex and why at least nine regulators have taken action against this broker. A High Volume of Negative Reviews The majority of traders who have shared their experiences with InstaForex have given the platform the lowest possible rating: 1 star. Many users express frustration with the platform’s services, particularly regarding issues with withdrawals, order history discrepancies, and communication with customer support. One user recounted their negative experience on the Forex Peace Army forum, detailing how they made a profitable trade with a 3-lot position on the AUD/USD pair ...
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