Global Broker Regulation Inquiry App
WikiFX
marcustan 
1-2 years
Does InstaForex have any cons?
Broker Issues
Regulation
2025-07-27
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.
Similar Questions
What are the pros of SGT?
Five8
2025-08-11
What potential risks or drawbacks should I watch out for when dealing with CCB Futures?
Bhavani Durga K
2025-08-09
What are the pros of Space Markets?
Sam35
2025-07-13
Does Sucden Financial have any cons?
Davis Wu
2025-06-10
What are the pros and cons of MMA FOREX?
Vongnarin
2025-02-08