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Score

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/10

Inst-Global

Australia|2-5 years|
White label MT5|Regional Brokers|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

http://www.inst-global.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
InstGlobal-Demo MT5
Server Location Hong Kong

Contact

CS@INST-GLOBAL.COM
http://www.inst-global.com/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Broker Information

More

Company Name

Inst-Global

Company Abbreviation

Inst-Global

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-06-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0539335) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!
  • This broker exceeds the business scope regulated by United States NFA(license number: 0539335)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

Inst-Global · WikiFX Survey

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Inst-Global · Company Summary

Inst-Global Basic Information
Company Name Inst-Global
Headquarters Australia
Regulations Not regulated
Account Types ECN Expert, STP Standard Account
Minimum Deposit $100
Maximum Leverage 1:400
Trading Platforms MetaTrader 5
Customer Support Email (CS@INST-GLOBAL.COM)

Overview of Inst-Global

Inst-Global, based in Australia, operates as an online trading platform, serving traders by offering financial instruments. Through its MetaTrader 5 trading platform, traders can access two account types: ECN Expert and STP Standard Account. Despite its provision of trading flexibility and accessibility, it's crucial to note that Inst-Global operates without regulatory oversight.

Overview of Inst-Global

Is Inst-Global Legit?

Inst-Global is not regulated. It's crucial to highlight that Inst-Global operates without regulation, which implies that it lacks oversight from established financial regulatory bodies. Traders should proceed with caution and acknowledge the associated risks when contemplating trading with an unregulated broker like Inst-Global. Such risks may include limited avenues for resolving disputes, concerns regarding the safety and security of funds, and potential issues related to transparency in the broker's operations.

Is Inst-Global Legit?

Pros and Cons

Inst-Global stands out for its utilization of the widely acclaimed MetaTrader 5 platform, offering traders a familiar and robust trading environment. However, it's important to note that the platform operates without regulatory oversight, which could pose potential risks for traders. Additionally, Inst-Global provides limited customer support options, mainly relying on email communication channels for inquiries and assistance. Another aspect to consider is the restricted selection of account types available, potentially limiting the diversity of trading options for users. Furthermore, there have been reported difficulties in accessing the company's website, which could inconvenience traders seeking online resources and services.

Pros Cons
  • Employs the widely recognized MetaTrader 5 platform
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Limited customer support options, primarily through email
  • Provides a restricted selection of account types
  • Unable to access the website

Account Types

Inst-Global provides traders with two account types: the ECN Expert Account and the STP Standard Account. To open an ECN Expert Account, traders are required to make a minimum deposit of $5000, while the STP Standard Account requires a minimum deposit of $100.

Account Type Minimum Deposit Maximum Leverage
ECN Expert Account $5000 1:400
STP Standard Account $100 1:400

Leverage

Both the ECN Expert Account and the STP Standard Account provide traders with a maximum leverage of 1:400.

Leverage

Trading Platforms

The trading platform utilized by Inst-Global is MetaTrader 5 (MT5), a renowned and highly regarded platform in the financial industry. MetaTrader 5 is celebrated for its comprehensive suite of features, advanced trading tools, and user-friendly interface, making it a preferred choice among traders worldwide.

Trading Platforms

Customer Support

Inst-Global offers customer support primarily through email at CS@INST-GLOBAL.COM.

Customer Support

Conclusion

In conclusion, Inst-Global offers traders the widely acclaimed MetaTrader 5 platform, providing a familiar trading environment. However, operating without regulatory oversight poses risks. Limited customer support via email and a restricted range of account types are notable drawbacks. Additionally, reported website accessibility issues may inconvenience users. Traders should exercise caution and consider these factors for a safer experience.

FAQs

Q: Is Inst-Global regulated?

A: No, Inst-Global operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

Q: What account types does Inst-Global offer?

A: Inst-Global provides various account types, including ECN Expert and STP Standard Account, catering to different trading preferences and experience levels.

Q: How can I contact Inst-Global's customer support?

A: You can reach Inst-Global's customer support primarily through email at CS@INST-GLOBAL.COM.

Risk Warning

Trading online carries substantial risks, and there's a possibility of losing your entire investment capital. It's crucial to recognize that online trading may not be suitable for everyone, and thorough understanding of the associated risks is essential. Please bear in mind that the details provided in this review could change due to updates in the company's services and policies. Additionally, the review's generation date should be considered, as information might have evolved since then. Therefore, it's recommended that readers verify any updated information directly with the company before making any decisions or taking action. Ultimately, the responsibility for using the information provided in this review lies solely with the reader.

User Reviews

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FX1457260991
more than one year
Jesus, stay away from Inst-Global! They're just another sketchy offshore trading service with no regulation. Plus, they keep bugging me to deposit more money, even though their initial requirement is already sky-high. I'm not falling for their scam, man. Don't waste your time and money on this shady broker!
2023-03-29 10:29
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0
0
FX1105112209
more than one year
The company's website has closed down, and the so-called regulatory license is also a liar. There is absolutely no need to waste time here, my friends.
2022-12-08 10:55
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0
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