i guys i got the news around two months insta forex refuses the widraw request from india…even one of the introducing broker office of insta forex tell this news …is this true kindly suggest me what s going on…
I have never traded with them, but I would not believe those claims. I do know that there are issues with certain payment providers which do not service India, but that is not the fault of Instaforex it is up to the payment processors.
You do know that the law is not clear regarding Forex trading in India? A simple alternative is to have a US Bank account, maybe through payoneer…that will work or just as the broker to make the payout through other methods…simple?
Grix
Have you requested money yourself, or are you just reading the complaint of someone else - sorry, your post is unclear.
Insta has many claims like these and just recently with LR issue they have stopped paying those for 6 months who have deposited from LR. While other brokers are offering withdraw from other payment processors. This also proves that insta is a big scam broker.
Well liberty reserve was a scam itself, so I’m not too surprised.
I do not trade with Insta, but would call them a far shot away from a scam broker.