InstaForex, an online FX & CFD brokerage firm in Russia, is happy to announce that the broker has been awarded “the Best ECN Broker in Asia 2016” by The International Finance Magazine.
The International Finance Magazine is a high ranked British online media, giving away a number of trophies to brokerage firms after assessing their services closely in their way.
The award “the Best ECN Broker in Asia 2016” has been awarded in October 2016,
In fact, it isn’t the first award received for InstaForex, but the broker has received the same awards before 3 times more. Also in 2009, InstaForex was recognized as the best broker in Asia for the first time.
Is InstaForex a reliable broker?
InstaForex is an online FX and CFD broker mainly based in Russia.
Unfortunately, the broker has been many negative reviews against their financial operations.
According to the information, many traders have been having trouble withdrawing their funds from InstaForex, as in their withdrawal requests are rejected for some reason.
Although there is no official report by a financial authority, as InstaForex isn’t regulated or licensed by any at the moment.
You are recommended to contact InstaForex’s support team before making any deposits, to find out more details.
If you are planning to trade with InstaForex, please do it at your own risk.