Score

1.54 /10
Danger

InstaReM

Australia

5-10 years

Suspicious Regulatory License

High potential risk

A

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Score

Regulatory Index0.00

Business Index7.23

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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

Single Core

1G

40G

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Warning: Low score, please stay away! 4
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

InstaReM · Company summary

General Information& Regulation

InstaReM, Syneco is a corporation, which is devoted to offering an array of services that varies between the low fees payment of Forex and instant transfer services for all clients. InstaReM was supposed to register in Australia with the trademark of InstaReM Ltd, which has not been disclosed its actual registered address.

Market Instruments

InstaReM offers Forex transfer and a wide range of Currencies including 55 countries currencies, such as AUD, CAD, EUER, GBP, HKD, INR, MYR, SGD, and USD.

Accounts

InstaReM offers access to open the account via signing up with the email ID or Google / Facebook ID.

Transfer& Commissions

The minimum transfer was dependent on the certain currency pairs, for instance, it varies from individual and business, and the minimum transfer Amount - Native Currency is AU$1 in Australia, and the Business to Consumer in Malaysia is MYR 1. InstaReM claims that the fees are lower than banks and other operates, there are no invisible fees except for the typical fees varying from 0.25% to 1%.

Trading Platform

InstaReM provides the individual, business, company with a platform, namely, the MassPay platform.

Payment methods

Clients could transfer money through InstaReM Electronic Funds Transfer (EFT)/ Bank Transfer/ Wire Transfer in all countries, and PayID, POLi(Australia), PayNow, Credit/Debit card(Singapore), ACH (direct debit), Set up Instarem as Payee(United States), Debit card(Hong Kong), and FPX(Malaysia).

Customer Support

Clients could contact the Customer Support Department within a reasonable time via e-mail at support@instarem.com, via phone on the numbers of +852800931171.

Risk Warning

Establishing your Investment targets understanding of risk and trading experience is key to maintaining a good trading experience. Losing more than your initial investment is highly possible, so do not invest money you cannot afford to lose.

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