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Instant Globals Trade

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Operating status: SCAM

Website: https://www.instantglobalstrade.com/

Broker violations and abnormal records
  • 2023-06-20 The MFSA issued a warning against Instant Globals Trade

    On June 21, 2023, the Malta Financial Services Authority (MFSA) issued a warning against Instant Globals Trade, stating this broker is neither a Maltese registered company nor licensed or otherwise authorised by the MFSA to provide any investment services or other financial services which are required to be licensed or otherwise authorised under Maltese law: https://www.mfsa.mt/news-item/mfsa-warning-instant-globals-trade-unlicensed-entity/

    On June 21, 2023, the Malta Financial Services Authority (MFSA) issued a warning against Instant Globals Trade, stating this broker is neither a Maltese registered company nor licensed or otherwise authorised by the MFSA to provide any investment services or other financial services which are required to be licensed or otherwise authorised under Maltese law: https://www.mfsa.mt/news-item/mfsa-warning-instant-globals-trade-unlicensed-entity/
  • 2023-06-28 BrokersView has reviewed that Instant Globals Trade is an unregulated broker

    Instant Globals Trade claims to be regulated by the Malta Financial Services Authority (MFSA), which is denied by the MFSA in a warning against Instant Globals Trade.

    In essence, Instant Globals Trade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Instant Globals Trade claims to be regulated by the Malta Financial Services Authority (MFSA), which is denied by the MFSA in a warning against Instant Globals Trade.In essence, Instant Globals Trade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

I want to know about their basic account or standard account. Plz assist.

Carlosna
India
2023-07-02
ANSWER Instant Globals Trade is an unregulated broker that we advise against trading with, despite the seemingly attractive deals it offers.Instant Globals Trade claims to be regulated by the Malta Financial Services Authority (MFSA), a claim denied by the MFSA in a warning against Instant Globals Trade. You can read the full warning here.Regarding your quesition, we strongly suggest you avoid Instant Globals Trade due to its status as an unlicensed broker. It carries significant risks, including financial losses and identity theft, which could be financially and personally devastating. Therefore, investors are encouraged to stay away from unlicensed brokers like Instant Globals Trade and choose fully regulated ones instead to mitigate such risks.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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