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 has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Fast support response|Segregated accounts|Easy withdrawals
Cons: Limited demo account features
I referred a friend to Instant Loan Inc after a family member had a good experience. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Tax reports included|Automated trading options|Low minimum deposit|Easy to use platform
Cons: Mobile app could be improved|Help articles are sometimes vague
I lost a significant amount because Instant Loan Inc did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Fast deposits|Risk management tools|Clean UI|Responsive team
Cons: Charting tools need more indicators