Every trading account in InstaForex is automatically considered a participant of the funds transfer system - InstaWallet - after accept of InstaWallet Offer Agreement in the Client Cabinet.
InstaWallet system allows InstaForex clients to make money transfers to the accounts of other customers of the company, which broadens the functionality of the InstaForex account considerably. Thus, InstaWallet is an additional though optional possibility of every InstaForex account, available for each trader in the Client Cabinet.
The internal transfers between trading accounts avail InstaWallet clients of a possibility to send funds to friends within just one second! Right now every customer of InstaForex is free to deposit money to any other InstaForex account holder with the service of InstaWallet activated.
The process of InstaWallet activation is very easy and comprises only two steps: - Accept InstaWallet Offer Agreement - Enter the Nickname in the system. All personal data of the client are fully confidential in InstaWallet, even for the receivers and for the senders of funds.
The system of funds transfers between the accounts is absolutely commission-free. Developed as a means of encouragement for the loyal InstaForex clients, InstaWallet system is a unique facility of a contemporary forex trader.
InstaWallet system can also be used for settling payments between the sellers and buyers of services: forex signals and trading expert advisors. The company acts as a processing intermediary of internal transfers and guarantees security of transactions.
InstaWallet system is:
* instant transfers to friends
* no commission fees
* easy signup for the system in the Client Cabinet of InstaForex
* top-notch security rate of the operations conducted
* handy interface in the Client Cabinet
* SSL protection of high security level
* anonymous process of sending or receiving money
* direct interaction with the trading accounts in InstaForex
* helpful Support Service of InstaForex
General Notions and Functions of InstaWallet system
General Notions and Functions of InstaWallet system
InstaWallet system performs two main functions:
- The transfer of money between the wallets within the system;
- The transfer of funds between the wallet (purse) and the InstaForex trading account, belonging to one and the same holder.
Each InstaForex trading account of the 1234567 format has a bound to it InstaWallet purse (wallet) with the unique ID i1234567, which means that the ID of the purse and the trading account number almost coincide, except for the symbol "i" in front of it.
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For example: The trading account 4444 has the purse i4444, and the trading account 7777, on the analogy, is bound to the wallet i7777.
Adding funds to purse (wallet) means the transfer of the funds from InstaForex trading account to the purse (wallet) in InstaWallet system
The owner of InstaForex trading account can transfer the funds from his/her account to the purse (wallet) in InstaWallet using the instant transfer from the account to the purse. The funds can be returned to the trading account in the same manner (the transfer of money from the purse (wallet) to the trading account) or transferred to a different purse in InstaWallet system.
Transfer between purses (wallets) within InstaWallet system
Every participant of InstaWallet system can make a money transfer to a different purse in InstaWallet. Each of these transfers is non-refundable and final. The quantity of transfer operations is unlimited, however, for the purses (wallets) of a standard type the limit is 2500USD per 24 hours. If by some reason the customer wants to expand his/her 24-hour transfer limit, it is possible to contact the Support Service of InstaWallet explaining the reasons for it.
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For example: The Owner of the wallet i4444 transferred to the wallet i7777 the funds in the amount of 1000.00 USD. The operation was executed within 1 second, no commission fees for the transaction were taken from the participants.
Uploading funds into InstaWallet
It is possible to add funds to your InstaWallet purse (wallet) transferring the funds from your trading account in InstaForex. While your trading account with InstaForex which you would like to use for uploading your wallet, can be deposited using one of the standard means of the account replenishment, listed here
Withdrawal of funds from InstaWallet
The withdrawal of funds from InstaWallet purse is accomplished by the operation of the money transfer to InstaForex trading account. Thereafter, the funds which are on InstaForex trading account can be withdrawn using one of the standard methods listed here
Nota bene: The attempts to use InstaWallet system for the exchange of funds between payment systems are forbidden. Please, familiarize yourself carefully with the InstaWallet services rendering Agreement.
InstaWallet is a comfortable and reliable way to make funds transfers to your friends and acquaintances. The bind of your purse to your trading account speaks for itself: there are no additional tiring passwords, logins and difficulties.
What allows us to state that InstaWallet system is completely protected despite the absence of extra passwords?
The security system of InstaWallet is based upon the observance of these simple principles:
1 The instant transfers within the system imply manual checking of EACH funds withdrawal from InstaWallet system to other systems. This allows us to guarantee the security of the company and its clients from multiple dangers of the Internet. Do not worry for your money, as our specialists will take due care of it. Thus, enjoying the instant execution of your transfers within the system, you can be sure of that your funds will not be withdrawn by hackers out of the company.
2 Every transfer of the amount above 100USD is confirmed by SMS.
This issue allows to increase the security of your InstaWallet purse (wallet) at the stage of the funds transfer to a different wallet.
3 A constant monitoring of fraudulent activity within the system with the help of top- notch analyzing facilities.
You are using InstaWallet for legal purpose then you have nothing to worry about.
But if the system is used for the breach if law, including infringement actions against you, our security system will find out the source of danger within a very short span of time.
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