Just want to ask,, what is the difference between indoinstafx and Instaforex.. And which one is safer for traders.. Thank you
Indoinstafx is an IB / affiliate of Instaforex. Instaforex broker was founded in 2008, with its headquarters in Russia. According to the Instaforex website data in 2011, there were already 37 introducing brokers (IB) from Indonesia with complete office addresses, and this is proof that Instaforex is serious about becoming one of the best forex brokers in Indonesia. In addition to having many IBs in Indonesia, Instaforex also collaborates with local online exchangers to make it easier for its traders to deposit and withdraw funds, with cooperation between Instaforex and Indonesian online exchangers, Instaforex accepts payments with local Indonesian banks including BCA, Mandiri, BNI, BRI or other banks available at Indonesian online exchanger companies. In addition to deposits and withdrawals with local banks, Instaforex also accepts payments with Liberty reserve, WebMoney, wire transfer, and credit cards for deposits and withdrawals.
** IB = agency distributor
To Anto,
IndoinstaFX is an Introducing Broker (IB) of the Instaforex broker. Because it is still an official IB of InstaForex, its security should follow the regulatory standards of InstaForex broker itself.
Hopefully this can help.