No is not! Kate is looking for the definition of STP... Someone needs to "donate" a few hundred to Instaforex and open an account. Review it here.
Our company is ECN and STP. Like STP broker we send orders directly from clients to the liquidity providers - banks, which trade on the Interbank. And our clients pay spread to us. But some clients can choose another type of account and pay commision to us.
You're contradicting yourself. ECN participants don't pay spreads to the clearer... they pay a commission, period. You don't know what the fuck you're talking about, do you...?
I am glad that you recognize the need for proof. In post #1; " Ekaterina then asked our AsstModerator to remove Yulia and Baruniaâs complaints from the forums. Ekaterina promised evidence, but failed to deliver any. Lt. Gerard, one of our investigators, sent an email asking for evidence and got none.This put the FPA in a bad position, since InstaForex was paying for advertising on our website." "Gerard asked Yulia and Barunia for copies of the same ID cards that they used to open an account as well as for an explanation of why they had taken the same trade. Yulia and Barunia provided copies of the cards and explained that they were friends who decided to open accounts with InstaForex to take advantage of their signup bonus program. They were in contact with each other online after the accounts were active and both decided to place a trade on the same currency pair at the same time" I personally know that you were advertising there, because that is where I first learned of your company. Yulia and Barunia provided proof. Did you ever provide the proof that you promised? Will you post that proof here, now? I became aware of Felix aka Dimitri several years ago through a Google search which yielded his site "secret forex society". In his chatroom I met quite a few people from around the world, we openly discussed many things including his trading services, at no time during these discussions did Felix or any Mod ever limit the discussion or try to sell anyone on any of his services. He has a history of being honorable to me, so yes I trust him. I know that he had a problem with the government for performing a marriage. Do you have any proof that he is a "master of fraud" and "Some of his projects were closed for scamming people"? If yes, then post it here. He resides in California, and it is very easy to find him. If your statements are anything more than an attempt at redirection, then prove it. "bring an action against his organization for slandering and blackmailing our company" and post the document from the court here It is like dating, you put on your best behavior, manners, etc trying to impress the other person with your good points while down playing your bad, but as a trader I need to look at all possibilities. I believe that I offered you a polite opportunity to address those posts in an open honest discussion. Unfortunately you chose not do that, instead of exploiting an opportunity you chose to attack the forums and the site owner where the posts are located. From post #1; "Again, InstaForex only gave enough information to be suspicious of the possibility of unscrupulous usage. InstaForex repeatedly failed to present any evidence to verify this claim. A reasonable person would expect proof, not just suspicions." Hopefully this part doesn't get lost in the translation; If I were driving by your house and saw smoke coming from under your roof all around the house, Do you think it would be prudent to call the fire department? I do not believe you have any proof of your claims on the FPA forum, I do not believe that you have any grounds to "bring an action against his organization for slandering and blackmailing our company", I believe that I made the correct judgement of your company then. Prove me wrong...Show Your Proof!
Yeah, I got it... hence the "no is not" as a Russian idiom. Anyway, you posted a link to instaforex confiscating an account. I would assume they're not going to find any fish here.
Adding a spread to the "ECN" quote negates your status as an ECN... which is pointless as you're not an ECN. You're a fixed-spread bucket shop. Your attempts to differentiate yourself are absurd. You cannot "add a spread" and maintain STP. The client trading against your quote cannot trade and clear in one step (STP) as you've contaminated the transaction with an arbitrary spread. It's artifice. InstaForex is not operating as an ECN, nor does it offer STP.
The most funny thing is that part of her job is to spread the word to find new victims, especially on forums since she's just above 18 and that's all she knows when she thinks about 'marketing' But all she does is making sure that people who google the company name get all kind of information why NOT to do business with them!! Because she messes it up every time !! Ironic !
Anyone who lives in western world and has an option to deal with NFA and CFTC regulates broker, but chooses some unknown firm is purely insane. Not that your funds are safe with NFA and CFTC forex brokers, but ai least it is something. I highly doubt that Insta has even 1/5 of their claimed number of traders.