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Insta Forex Is a master of scamming!

FX2046354843
3-5 years
Unverified

Exposure

I opened on April 2018 a trading account with Instaforex company. My strategy is based on news trading (I open the trades few minutes prior to the event to profit from volatility) and I had no problems during my trading experience with them as Instaforex allows news trading. Instaforex company cut my profits according to a clause from the agreement that says the following: “5.12. When the price change, connected with the a difference between the instrument last price at market close and the instrument first price at market open, or connected with news release, leads to a profit higher than 10% of the initial deposit, the Company reserves the right to use correction of such trade financial result in the size proportionate to the difference of the above mentioned prices in pips, But when I faced them with the fact that this clause wasn’t applied to my other trades even though all my trades were during news releases, they sent me back this response:
2021-09-15

Philippines

Unable to Withdraw

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