ZForex.net Review Is ZForex Legit Or A Scam

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ZForex.net Review: Is ZForex Legit Or A Scam?

ZForex Review: this is a signals service that gives a free and simple application downloadable for mobile. Is ZForex a legit signal service or forex indicator or is it a scam?

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What Are Forex Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

Traders are provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs are sold by indicator vendors.

ZForex App is a free and simple app that sends live buy and sell Forex signals. The website does not seem to work as it contains just a single page with links to download the app in App Store or Google play.

It is mentioned that clients who purchase this app will get to receive market Forex signals in real-time through notification alert. Like is characteristic of all reviews, we are to look at how ZForex works but we do not find anything. However, we searched for this app on Google Play store and found some things.

Once a client gets the app, they get to receive market Forex signals that include taking profit and stop loss price. Notifications are sent when signals are updated and when market signals reach their target, the results would be sent.

It is revealed that this app is not only new, it looks like a testing and clients are invited to give feedbacks to help the developers improve other versions and update them.

How ZForex Works

Like we noted earlier, it has nothing worthy of notice on the page. Clients do not understand how these signals are generated. ZForex is for now like a prototype to see the robot work in the market live and in the hands of traders.

Pricing Structure

ZForex is a free app. And we saw that as of the time of compiling this review, there have been 100,000+ downloads.

Clients Feedback

We only found reviews on Google Play store that gives it an overall rating of 4.3/5 stars out of 4,757 reviews. Many say that it is not 100% accurate but most times the signals are correct.

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It has a Twitter presence that does not seem very popular as many of their posts are not reacted to and no interaction occurs on their space.

Support

To reach the vendor, clients are to send emails to: [email protected]

Conclusion on ZForex

ZForex lacks mainly in details. However, since clients are just required to download for free, it does not look like a bad investment. We do not know however if there are subscription payments attached after download or not.

The vendor should do well by becoming more transparent so as to allow traders know more before trusting this robot.

Super EZ Forex Review: Is SuperEZForex.com Legit Or Scam?

Super EZ Forex Review: this seems like a Forex training product and like a signal service indicator as well. Is Superezforex.com legit or is it another scam out to steal your money?

Internet fraudsters abound every day and traders have to be careful. Super EZ Forex promises clients from the onset that it is not about to scam them. It opens its sales pitch by denouncing con artists using “rented items” to show fake results.

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The vendor, who does not reveal his identity, then claims that with this product, anyone can learn how to trade on forex within 20 minutes.

The website design has a section dedicated to explaining what Forex is and how easy it is to make money from it. In fact, the market is likened to an ATM where traders can gain access to with “the right tools and mentor”.

Besides the lack of information on the creator, there is no address or country name mentioned. A testimony by a certain “Edward B.” mentions a person named Pat. This may or may not be the name of the vendor.

It is disheartening that Super EZ Forex overlooks the important facet of the sales page.

How Super EZ Forex Works

This like most of the important information looked for by any trader is lacking. The only thing we find on the page is that Super EZ Forex is a product of four years’ development. It looks like a system with a simple design because the creator mentions that it was initially to help his wife and children.

Clients are told that acquiring this system will give them the following:

Access to members only training and download center

Free access to live trade room sessions

The Triple Arrow Trading System

Super EZ Forex has a section where the creator of superezforex.com provides answers to frequently asked questions.

For now, there is only one option of a package available for the product and this costs $323.67. options for buying this via PayPal or Bitcoin is allowed.

Nothing more can be found on the working principles and mechanisms of this system. It will be really hard to sell something to someone who does not understand it. The vendor is advised to do better.

Clients Feedback on Super EZ Forex

On the page, Super EZ Forex publishes three testimonials from people who seem like close friends. Since this is a product made last year in 2020, the clients reviews are expected to be a bit more. This may be explained as it not being yet popular or finding it difficult to compete in the market.

Trading results is another aspect where this product could have been convincing. But besides the ones published on the page via images, there is no way to verify these results as well.

Super EZ Forex vendor is advised to open trading accounts with verified website like Myfxbook and put up results there.

Support

This is another place where this indicator provider falls short. There is no means of reaching the vendor with questions. The only form of interaction is via the “Q and A” section which is really not exhaustive.

Conclusion

Though showing promise with its mention of simplicity and needing only “twenty minutes”, the lack of information turns one away from Super EZ Forex.

Results and testimonials that cannot be verified do nothing but add doubt about this product. Traders will not be inclined to try this out.

InstaForex Review

InstaForex

Leverage: 1:30 | 1:1000

Regulation: CySEC, FSC

Min. Deposit: 1 US$

HQ: Russia

Platforms: MT4, MT5, InstaBinary and WebIFX

Found in: 2007

InstaForex Licenses

  • Instant Trading EU Ltd – authorized by CySEC (Cyprus) registration no. 266/15
  • Instant Trading Ltd (BVI) – authorized by BVI FSC registration no. SIBA/L/14/1082
  • Insta Global Ltd. – authorized by FSC (Saint Vincent) registration no. IBC24321

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  • Our Review
  • InstaForex User Reviews
  • InstaForex News

Among the thousands of brokers and trading offering, it is a paramount priority to select the brokerage firm that suits your trading needs and applies the best practices applicable to your trading performance. For this reason, we support choices by reviewing brokers to know about their offering in a detail, along with InstaForex Review among others.

What is InstaForex?

InstaForex brings a solution from the world’s leading developers allowing you to perform trading facilitated through the largest counteragents providing direct access to the market. InstaForex was established in 2007 with its headquarters in Kaliningrad, Russia yet serves more than 260 representative offices worldwide and at the moment number of traders who choose InstaForex exceeds 7 million, which is an impressive number.

The InstaForex provides access to the global markets including ECN trading through a variety of trading instruments, which includes 107 currency pairs, derivatives of 34 US stocks CFDs and futures, binary options, as well commodities Gold and Silver. The company regularly updates trading list, thus clients of InstaForex were among the first ones to trade Bitcoin and CFDs on Facebook and Twitter.

General InstaForex priority is to provide a wide range of services while at any stage trader is rightfully treated. Along with the great technical solutions, one of the best trading conditions among the market offering and other advantages, the broker brings a personal approach to each client with comprehensive educational and customer support services.

Besides, InstaForex takes a very active part in various worldwide sponsorships or social events and is an official partner of Liverpool football club, Dragon Racing, Dakar Rally, Ole Einar Bjorndalen (Olympic champion of biathlete), Daria Kasatkina (Tennis rising star) and more.

Nevertheless, even though InstaForex offer looks attractive you should always check the most important information of the broker’s proposal. In this purpose this review covers the following highlights:

Is InstaForex safe or a scam?

InstaForex operating through several licenses in few jurisdictions, which guarantees its compliance to international protective laws and coverage of traders. Instant Trading EU Ltd is a fully licensed by CySEC, Cyprus authority that conducts operational standards for financial investment firms within Cyprus and European zone respectively. Along with the main license, the broker serves additional entities in offshore zones, in BVI registered by FSC and Saint Vincent and the Grenadines. Even though we do not recommend trading with offshore brokers only, additional regulatory from Europe provides necessary guidelines complied with safety measures.

Therefore, according to the regulations and InstaForex license, it operates under full requirements and strict rules, which includes numerous security and transparency obligations. Thus, all clients funds are kept in segregated accounts, along with participation in compensation schemes in case of insolvency and with the secure trading environment.

InstaForex Trading Platforms

What is fantastic in InstaForex is their execution that provides rapid speeds performed via 10 trading servers with technical safety at the bank level. Numerous trading tools bringing trading to another, more professional level, along with Free VPS hosting, an allowance to trade through any strategy either using EAs, scalping or hedging, also with solutions for Money Managers and through PAMM accounts and APIs.

The platform offering itself includes the most powerful currently available platform – MT4 and MT5 along with Multiterminal and compatibility with any device. InstaForex was among the first ones who offered MT5 platform to their clients, however still mainstays at MT4 since the platform offers various settlements with the ability to always monitor account activity and receive notifications.

Thus, InstaForex MetaTrader4 as an industry-leading program which enables online Forex, CFD or futures trading, and features everything needed for a trader to monitor the financial instruments or analyze markets technically.

For the traders who work with options, the company offers to download INSTABINARY and WEBIFX, the programs that set manually to the trading platform and gives a wide range of possibilities to work with options at ease and convenience.

InstaForex Fees and Costs

The default parameters of the trading InstaForex account are set to an MT4 platform, leverage of 1:200 (1:30 in case of European trader), along with the use of USA2 server and USD as a basic currency. However, further you are able to choose between vast of developed for specific needs preferences, either defied by Platform, costs based on spread only or more competitive pricing through raw spread and commission, or even trading through cents account and availability of swap-free trading as a last.

Furthermore, InstaForex developed a range of contests and promotions that complement traders along with fantastic opportunities to gain valuable prices and that is besides precious experience. What is more, the trader can earn price trading through a demo account by taking part in InstaForex contests and getting real prize money to a live trading account.

For the trading costs themselves, the broker offers a range of various floating spreads depending on the technology you use. See below comparison on some popular instruments and InstaForex Spread, as well compare fees to another popular broker FXTM. As well, always consider rollover or overnight fee as a cost, which is about –1.15 for short positions on Eur/Usd and 0.3 on long ones, which are held longer than a day.

Asset/ Pair InstaForex Spread
EUR/USD 3
Crude Oil WTI 5
Gold 60 cents
BTC/USD 75

InstaForex Leverage

While trading with InstaForex you are able to operate with fixed or floating leverage, while this powerful tool may increase your potential gains timely due to its possibility to multiple initial account balance in a particular number of times. Yet remember that correct leverage should be set to various instruments, as it may increase your potential loses as well. InstaForex leverage is determined by various measures and firstly set according to the regulatory requirements in the region or another.

So if you would like to operate under higher leverage ratios like 1:400, 1:500 or even 1:1000 you may open an InstaForex account under their global entities allowing such high leverage levels. In case you are a resident of Europe or trading with European entity of InstaForex automatically you will comply to ESMA regulation, which lowered leverage to the maximum ratio of 1:30 on Forex instruments, 1:25 Spot Metals, etc.

InstaForex Deposits and Withdrawals

InstaForex brings convenient ways of depositing and withdrawing money that includes most common payment methods and some popular ones alike PayCo, ePayments, Bitcoin, POLi, giropay, SoFort, Trustly and many more.

What is also amazing, there is no minimum deposit amount, which allows you to start even from 1$. However, always make sure to check the desired instrument to trade, as various assets require different margins to be covered.t

Along with that, InstaForex covers all fees for money transfers, bringing a possibility not to worry about extra charges on payments.

Conclusion on InstaForex

The InstaForex review accomplished the broker who adheres to the highest levels of quality while working in accordance with the international laws and local standards in particular countries. Throughout the history of their operation, the firm shows a rapid growth along with technology development, trading tools and overall offering to the client. InstaForex base of around 7 million clients definitely impressing, yet shows their quality and reliability also. That vast number of traders found their best option to the trader with InstaForex for the reason of their wide offering which includes Binary options and nowise Cryptocurrency trading through the choice of most powerful and convenient platforms of MT4 or MT5.

That’s true that traders with a different level of trading experience can find their trading solution at InstaForex, through PAMM or ForexCopy systems allowing to invest and copy trading without spending loads of time to make a decision, or trader with any applicable to him personally strategy. Nevertheless, let us know your opinion about InstaForex, share your experience and do not hesitate to ask for additional information if necessary.

I’ve experienced a profitable trading platform with InstaForex for a year, Till now they provided high-quality service to me on MT4 Platform. Really the fixed spread and fast execution awesome, as I prefer to trade instantly on live prices with enough liquidity on eur/usd, usd/cad, gold, silver, crude oil and different shears. Really Excellent service which I got with InstaForex.

Instaforex is truly a reliable broker. I started here as a newbie back in 2020. At that time, I had very little knowledge about Forex trading. So I opened a demo account at Instaforex. And although it was only a demo, I am still assisted by a representative and guided me in trading. Thanks to that, I was able to learn by practicing and I also found my trading style. After 6 months, I decided to open a live account and deposited $1000. I had no regrets and I’m still with them until now because I am fully satisfied. Through the many years I have been with them, I have seen how they kept improving their services according to clients’ satisfaction. As for the deposit and withdrawal transactions, it was always processed in 1-2 days.

Out of the many brokers existing now, I am fortunate enough to become a trader at Instaforex. This is truly a reliable and just broker. There was one time when I withdrew an amount of $380 but only $280 was credited to my debit account. I contacted Instaforex about it and they said that they transferred the right amount and it could have been a mistake in the bank. Then they initiated that they will be the one to settle it with my bank so as to not cause inconvenience to me. They really did settle it and the right amount was reflected in my balance. Then my bank representative sent me an apology. If it was another broker, they probably won’t bother to talk to the intermediary and will just tell me to ask the bank myself.

Russia-based Forex broker InstaForex has announced a new sponsorship deal with Viswanathan Anand, a former World Chess Champion. Viswanathan Anand will be the Brand Ambassador of the company and will help the broker promote forex trading and education. In 2000, Anand became Fide World Chess Champion. 7 years later, his dream of life came true.

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