marcustan 
1-2 years
Does InstaForex have any cons?
Broker Issues
Regulation
07-27
United States
WikiFX
Reply
The biggest downside for me is the unverified FSC regulation. Without verified regulation, there’s less protection, and I’m not sure how disputes would be resolved. Additionally, the spreads for indices start at 1.5 pips, which could be higher than I’m used to.