Instaforex (BVI), under the domain https://www.instaforex.com, is a registered trademark of InstaFintech Group. InstaFintech Group contains three subsidiaries:
1) Instant Trading Ltd (BVI) is licensed by BVI FSC, License Number SIBA/L/14/1082;
2) Insta Service Ltd is registered with the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA), Reg. Number IBC22945;
3) Insta Global Ltd. is registered with SVG FSA with Reg. Number IBC24321.
Though the two registration numbers with SVG FSA are still valid, they cannot provide traders with funds protection and withdrawal guarantees as SVG FSA does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities.
In short, Instaforex (BVI) is a licensed broker because of its regulation by BVI FSC, not registration with SVG FSA. For more details of this broker, you may check our full Instaforex (BVI) review.
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