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FCA warns against the InstaFX24 broker
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FCA warns against the InstaFX24 broker

created Paweł Mosionek19 Września 2018

The British financial regulator, FCA, issued a warning message against the Forex broker - InstaFX24. According to the information provided, the company operates without the required licenses and permits, offering European clients trading on CFD instruments, including cryptocurrencies. The place of registration is the Marshall Islands, but the company operates three different companies - also in the Marshall Islands, and additionally in Estonia.

We recommend caution and use only the services of companies with appropriate licenses issued by reliable institutions supervising financial markets.

InstaFX24 data

  • Address: InstaFX24 Ltd, Majuro, Marshall Islands, MH, 96960.
    Novatrades Ltd, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro Marshall Islands, MH 96960.
    GammaTech Services OÜ, Roosikrantsi 2-K284, Tallinn, Harju maakond, 10119.
  • Phone: 0203-393-7724, 0560 306 5661 + 441213143345, + 39 011 19118175; + 44 7459 863041, + 44 121 3143345
  • Email: support@instafx24.com, support@novatrades.com, schiroinvestments.ma@gmail.com, alexcraig@instafx24.com, isabelhorann@instafx24.com, alexmassoni18@gmail.com
  • domain: www.instafx24.com, www.novatrades.com

Official FCA message

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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.