WikiFX

Reply

After carefully reviewing the available information about Instreet, I cannot confirm whether this broker applies charges for deposits or withdrawals. Instreet holds an Australian Financial Services license (ASIC 434776) and has operated for over a decade, which does offer some reassurance about their regulatory standing and business longevity. However, I found no specific details regarding deposit or withdrawal fees, minimum deposit requirements, or payment methods. For me as a trader, this lack of clear, upfront information poses a potential risk. Transparency on basic account operations—especially the costs tied to funding and accessing my trading account—is vital for trust and prudent financial planning. Furthermore, the absence of commonly expected features such as a demo account or clear leverage/spread data raises additional caution flags. While Instreet appears to focus primarily on structured investment products like derivatives, options, indices, and ETFs, and does not provide forex trading, my experience tells me that any reputable brokerage should publish all applicable charges transparently. In situations like this, I always recommend contacting the broker directly for written confirmation of their fee policy before transferring any funds. It's much safer to verify these details firsthand, as unclear costs can seriously impact the overall trading experience and long-term profitability.