Instant Loan Inc has been flagged by Financial Services Regulatory Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Instant Loan Inc seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Stable platform|Regular platform improvements|Easy withdrawals
Cons: Onboarding videos are outdated|Charting tools need more indicators
Instant Loan Inc offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Smooth onboarding|Portfolio tracking tools|Fast deposits
Cons: Currency conversion fee exists|No phone support on weekends
My withdrawal from Instant Loan Inc was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about ten months of being strung along.
Pros: No hidden fees|Regular platform improvements
Cons: Website design could be more modern
I want to warn everyone about Instant Loan Inc. They have been flagged by Financial Services Regulatory Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Initially responsive customer service
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Several red flags with Instant Loan Inc: (1) They promise unrealistically high returns, (2) They're not registered with Financial Services Regulatory Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
The so-called education at Instant Loan Inc is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about ten months thinking they would help me learn.
Pros: Detailed reporting|Instant funding
Cons: Minimum deposit could be lower
After spending since early this year trying to make Instant Loan Inc work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Multiple order types|API access|Smooth onboarding
Cons: Email notifications too frequent|Limited cryptocurrency options
My withdrawal request from Instant Loan Inc has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Regular updates|Economic calendar
Cons: Would like more payment methods|Limited cryptocurrency options
Instant Loan Inc locked my account without warning and demanded documents I had already submitted. since early this year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Quick verification|Professional team|Fast execution|Easy withdrawals
Cons: Some tools only available on higher tiers
I have been trying to close my account with Instant Loan Inc for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Intuitive for beginners|Risk management tools|Fast execution|Tax reports included
Cons: No integrated tax optimization