Broker that offer mini account and MAM platform

Jul 20, 2010 at 14:17
Vues 2,603
25 Replies
Membre depuis Sep 18, 2009   posts 86
Jul 20, 2010 at 14:17
Dear traders,

Do you know which broker offer mini account (that is cent account) and provide MAM platform?

Thanks and regards,

Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Membre depuis Jun 16, 2010   posts 205
Jul 20, 2010 at 14:44 (édité Jul 20, 2010 at 14:48)
Instaforex offers nanolot on standard account, an Instaforex standardlot is only 10'000 units instead of the normal 100'000 units, and with 0.01 Instaforex lots it translates to nanolots. Maybe thats good enough?
They offer PAMM-accounts where Instaforex calculates shares of deposits and profits. Manager has the option to set a minimum investment period, with penalty if money is withdrawn earlier.
If you need multiple accounts, Instaforex offers a multiterminal as well.

Cashbackforex https://www.cashbackforex.com/?aid=2091 offers 1.3 pips rebates with Instaforex deposited directly in Instaforex account every Sunday (to maximize profits).
Always get cashback -
Membre depuis Sep 18, 2009   posts 86
Jul 20, 2010 at 16:17
Thanks Soeren. However, ForexPeaceArmy rates this broker as scam broker.

Any traders can share experience with this broker?

Thanks!!

Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
pip2cash
forex_trader_8139
Membre depuis Mar 04, 2010   posts 423
Jul 20, 2010 at 16:43

Wallace posted:
    Thanks Soeren. However, ForexPeaceArmy rates this broker as scam broker.

Any traders can share experience with this broker?

Thanks!!

Wallace

Can you please share why Instaforex is being rated as scam broker?

Thanks,
SIM
Membre depuis Jun 16, 2010   posts 205
Jul 20, 2010 at 17:08 (édité Jul 20, 2010 at 17:12)
I can only say I have no problems with Instaforex...

I've too read, that others had problems with Instaforex in their early years, but also that Instaforex has improved greatly since.

Check the date for the scamrating at FPA, if its years old, maybe it doesn't say the truth any longer...

Besides, I wouldn't trust a review-site that's an affiliate of and/or advertises for anything they review - a review-site needs to be fully independant to be fully trustworthy. Just my thoughts...

Cheers

Soeren
Always get cashback -
Membre depuis Jun 16, 2010   posts 205
Jul 20, 2010 at 17:09
Just found this site: https://www.topblogarea.com/sitedetails_33381.html

Seems he's not to keen on FPA as well...
Always get cashback -
Membre depuis Sep 18, 2009   posts 86
Jul 20, 2010 at 22:43

pip2cash posted:
    
Wallace posted:
    Thanks Soeren. However, ForexPeaceArmy rates this broker as scam broker.

Any traders can share experience with this broker?

Thanks!!

Wallace

Can you please share why Instaforex is being rated as scam broker?

Thanks,
SIM

I don't have any experience with Instaforex but have read that FPA has confirmed a scam case with Instaforex. I also want to know why people rated it as scam broker. It appears to me that they are well organised. it is appreciated if members can share their experience with this broker.

Hi Soeren,

Thanks for your feedback. Btw, Have you withdrawn money from them? How is their server execution speed? Do they have requote problem? Thanks a lot!😄
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
pip2cash
forex_trader_8139
Membre depuis Mar 04, 2010   posts 423
Jul 21, 2010 at 02:51
hi Wallance,

I am using Instaforex since one and half year ago. Basically they have no problem. Good customer service, withdrawal through local IB very fast. Regarding server requote, i am not so sure because i am using EA.

SIM
Membre depuis Jun 16, 2010   posts 205
Jul 21, 2010 at 06:55
Hi Wallace.

I have only transfered money between accounts, which takes less than an hour. Deposit bonus 30% is done within minutes. I haven't experienced any requotes so far, but I have a reasonably fast connection. I know Instaforex has several servers, I think it's 3 in USA, 3 in Singapore, 4 in Europe and 2 for centsaccounts only. Usually problems with requotes arise when there's a long way from your location to the brokers server - I have 171ms ping to Instaforex, but if I chose a VPS closer to their server, I could get down to 40ms eliminating more requotes. Since I'm using EA too, I'm not sure about execution speed, although I haven't experienced any problems.

Soeren
Always get cashback -
pip2cash
forex_trader_8139
Membre depuis Mar 04, 2010   posts 423
Jul 21, 2010 at 07:55
Seriously i hope Instaforex is not a scam. I have quite alot of money with them.
Membre depuis Sep 18, 2009   posts 86
Jul 21, 2010 at 12:00
Dear fellows traders,

Thanks for all your comments.

I have sent some enquiries to Instafx regarding PAMM account. The response so far is prompt and good. For other traders who have tried this broker or have withdrawn money from them, kindly share your experience and information to us.

Thanks in advance

Cheesr, Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
pip2cash
forex_trader_8139
Membre depuis Mar 04, 2010   posts 423
Jul 21, 2010 at 14:17
Hi,

I deposit using wire transfer. It take about 10 days. I am not sure why is it so slow. But normally when i TT money to Australia and US and UK from the same bank it take only about 3 to 4 days.

Regarding withdrawal, i withdraw through local IB, so i am not sure about the processing time from Instaforex to local IB.

Regarding PAMM account, I am a trader there, so far i am having good experience.

Thanks,
SIM
Membre depuis Jul 27, 2010   posts 8
Aug 01, 2010 at 04:58

pip2cash posted:
    Seriously i hope Instaforex is not a scam. I have quite alot of money with them.

if your in asia use oanda asia pacific where your funds are place in segregated standard chartered account
Membre depuis Sep 18, 2009   posts 86
Aug 01, 2010 at 14:23
Any traders can kindly share more experience with Instaforex?

I am seriously looking for using them as our major broker besides GoMarket. Could anybody advise if this is a dealing desk broker or STP/ECN broker?

Thanks a lot! 😄
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
robw135
forex_trader_5776
Membre depuis Jan 17, 2010   posts 140
Aug 03, 2010 at 03:54 (édité Aug 03, 2010 at 03:56)
LOL :))


R

Membre depuis Sep 18, 2009   posts 86
Aug 03, 2010 at 14:39
Hi Robert,

I am serious in asking this question bcoz they seem offer very flexable trading terms. However, just curious if they are reliable or not.

Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
robw135
forex_trader_5776
Membre depuis Jan 17, 2010   posts 140
Aug 03, 2010 at 14:46
I was just laughing at the conversation - it seemed like a cheap promo script
But I may be wrong

I have no good or bad things to say about the broker.
pipinvestment1
forex_trader_16715
Membre depuis Aug 14, 2010   posts 219
Sep 05, 2010 at 18:33

Wallace posted:
    Any traders can kindly share more experience with Instaforex?

I am seriously looking for using them as our major broker besides GoMarket. Could anybody advise if this is a dealing desk broker or STP/ECN broker?

Thanks a lot! 😄

https://www.myfxbook.com/portfolio/25k-gain-closed/44734

Read my system page comments. It will give you an honest run down on Instaforex. I only used them for a month, but that was enough for an honest review.
Membre depuis Sep 18, 2009   posts 86
Sep 06, 2010 at 15:37
Hi Will,

Thanks for the info. Did you mean that they are not honest? coz I see the recent result is not good. Not sure if this was caused by the broker or the system itself....

Thanks!

Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
pip2cash
forex_trader_8139
Membre depuis Mar 04, 2010   posts 423
Sep 06, 2010 at 15:51

pipinvestment1 posted:
    
Wallace posted:
    Any traders can kindly share more experience with Instaforex?

I am seriously looking for using them as our major broker besides GoMarket. Could anybody advise if this is a dealing desk broker or STP/ECN broker?

Thanks a lot! 😄

https://www.myfxbook.com/portfolio/25k-gain-closed/44734

Read my system page comments. It will give you an honest run down on Instaforex. I only used them for a month, but that was enough for an honest review.

Hi,

Can i know any specific reason you say Instaforex is a bucketshop?

SIM
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