Is Instaforex Broker Good?

InstaForex broker
D
Dadi
08 Feb 2012, 12:55 2,721 Views

Dear master forex... I want to ask, if a really good and non-scam forex broker, can use scalping techniques and not require a large capital (can be $100), what BROKER is it master??? I'm currently using Instaforex broker, is it good?? I would appreciate your enlightenment.. thank you.

1 Answer

R
Rachmat 08 Feb 2012, 12:55

What do you mean by scam? Do you mean a scam in the old sense of a long deposit and slow withdrawal? Server slowdowns.. sudden spread widening or taking customer funds?

For scalping, we think it's best to use a broker with 5-digit execution. If you feel comfortable with InstaForex, please continue. But it's best to choose an account type with a small spread, because if the spread is large, scalping strategies will result in losses.

With a capital of $100 at InstaForex is still okay. Just make sure to make withdrawals periodically once you start accumulating profits.

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