Company Information

Get to know InstaFxNg

InstaFxNg positions itself as a leading e-currency exchanger in Nigeria, dedicated to serving the local forex and binary options trading community. The company's core business is to provide a fast, reliable, and secure bridge between the Nigerian Naira (NGN) and various international e-currencies and brokerages. They facilitate fund transfers, allowing traders to easily deposit funds into their trading accounts with brokers like InstaForex, Perfect Money, Skrill, Neteller, and others, and also to withdraw their profits back into their local bank accounts. Their history is rooted in simplifying the funding process for Nigerian traders who often face challenges with international payment systems.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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InstaFxNg

Nigeria

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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Provided by TrustFinance

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.