InstaForex, Ruthless Broker
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InstaForex, Ruthless Broker

Randi K. November 16, 2016 Broker: INSTAFOREX 15
Instaforex is really tight; I trap the news using lot 20, margin 800%, and I immediately move my TP and SL. I put PO, TP, and SL 30 minutes before the news, paid attention to the running price, and when the news released TP and SL, I immediately moved them on my own, even though I didn't use a trailing stop, and in the end, my account was immediately called a margin call.
Replies:5

Replies

Trader Discussion

5 Comment
Bedjo November 16, 2016 Discussion
Bro, Randi.K, I also use Instaforex. Yesterday I didn't enter the market because there was an election in the US. If you get hit by TP while trapping news with your lot 20, you might not be able to WD either. Try to remember again in the Terms and Conditions, bro. It was decided there that news trapping with a Tp of 10% was prohibited. Even if our TP is considered to have violated the provisions, bro,

My friend got hit the other day and had to recover all kinds of things. I don't know how it will turn out; I won't ask again. I myself am still using InstaForex. Because I have wandered here and there until now, InstaForex is, in my opinion, still pretty good. I'm just sharing, bro. I hope this can be a valuable teacher for our experience.
Irianto December 17, 2016 Neutral
You have the same fate as me, bro. They are market makers. Do not ever use this broker.
ian jr December 24, 2016 Neutral

Sorry, bro, bro, I also use Instaforex. Specifically, ib instabagus.There has never been a significant problem; my WD and deposit went smoothly. 5 minutes landing at my BCA.

Sorry to those of you who have up to 20 lots of news to catch. Come on, guys, this is oversized, aka oversized. Most of the people who use offshore brokers have funds below $10,000 USD. even if trapping with great leverage is still ineffective. Even if you only want small leverage, trading principles dictate that you avoid oversizing, overtrading, and overpositioning. In conclusion, don't oversize. You know?

InstaForex Yudha January 20, 2017 Neutral

Dear All,
Most of the failures of traders are caused by the mistakes of the traders themselves, who do not follow the provisions of the broker or the market conditions themselves, because it is certain that traders who follow the trading conditions properly get regular profits without any significant losses. Understand the existing provisions before taking fatal actions in trading. Thank you.

zus January 1, 2018 Neutral

It's true that greed brings disaster; take it slow if you want to trade.

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