Can InstaForex Be Recommended for Large Deposits?

Deposit Withdrawal
A
Ardo
13 Apr 2012, 09:19 2,910 Views

There are several brokers that you recommend for those depositing $10,000-$100,000, do you also recommend Instaforex?

2 Answer

R
Rachmat 13 Apr 2012, 18:42

A capital of $10,000 - $100,000 is not a small amount of money. Considering InstaForex's services which allow traders to deposit as little as $1, it is clear that the broker's specification is for beginner traders with small capital.

Although you can still deposit above $10,000, it is recommended to deposit with a credible broker that is clearly registered with a reputable regulatory body. Because in trading conditions with large capital, the most important factor is security.

For capital of $10,000 - $100,000 you can explore:

These brokers are no longer lower-mid tier brokers, but have become leading brokers.

Thanks

E
erik tri cahyo 15 Jul 2019, 00:11

To Ardo,

If you intend to trade with large capital, it is recommended to use a broker that is already regulated by a credible regulatory body. Here are some lists of brokers regulated by credible regulatory bodies.

  • ASIC regulated brokers
  • FCA regulated brokers
  • NFA regulated brokers


Hope this helps.

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