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How To Withdraw Money From Your InstaForex Account in Nigeria - Business - Nairaland

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How To Withdraw Money From Your InstaForex Account in Nigeria by instaforexngr(m): 7:47pm On Jun 20, 2013
Its no longer news that popular e-currency website Liberty Reserve, has been shut down by the American Government, and the owners of the financial Company arrested for international money laundering crimes. What this also means is that all the funds of Liberty Reserve account owners has been gone for good (I lost good money in my LR account cry)
Many clients of Instaforex.com broker have also felt LR shutdown pretty bad, as most of them use the payment website for their funding and withdrawal transactions.
Instaforex has also suspended all withdrawals of clients who funded their trading accounts through Liberty Reserve until November 30. 2013.
Be that as it may, many old and new clients may feel there is no other reliable method of making deposits or withdrawals to their trading accounts with the broker.

One reliable, trusted and secure method InstaForex traders in Nigeria can utilize for the withdrawals (or deposits) on their account is through a Local Payment Agent such as Sowget.com.
Sowget is one of the oldest Nigeria partners for InstaForex.
Since 2012, Sowget (formerly Forextrading23) has been active on InstaForex as an IB Partner office and Local Payment Agent.

How to Withdraw Money from your InstaForex Account in Nigeria
Step 1: Login to your Sowget account here, new user can register here
Step 2: Click on the menu icon, and click on Withdraw InstaForex
Step 3: Fill in your correct InstaForex account number, e.g. 1234567, 7654321
Step 4: Enter the amount in USD that you want to withdraw. (Minimum is 10 USD)
Step 5: Click on the Preview button
Step 6: On the order Preview page, check your InstaForex withdrawal details for accuracy. If everything is OK, click on the Submit button.

Our system automatically sends your withdrawal request to InstaForex HQ for processing.
Within 24 - 48 hours, InstaForex processes your withdrawal; after which our system then makes Naira payment to your bank account instantly.

2 Likes

Re: How To Withdraw Money From Your InstaForex Account in Nigeria by XAUBulls: 8:13pm On Jan 26, 2023
instaforexngr:
Its not longer news that popular e-currency website has been shut down by the American Government, and the owners of the financial Company arrested for international money laundering crimes. What this also means is that all the funds of Liberty Reserve account owners has been gone for good.

Many clients of Instaforex.com broker have also felt LR shutdown pretty bad, as most of them use the payment website for their funding and withdrawal transactions.

Instaforex has also suspended all withdrawals of clients who funded their trading accounts through Liberty Reserve until November 30. 2013.

Be that as it may, many old and new clients may also feel there is no other reliable and cost effective options of making deposits or withdrawals to their accounts with the broker.

I have decided to list other simple, safe and reliable options of withdrawing your funds from your Instaforex Trading Account.



InstaForex Debit Mastercard (Payoneer)

instaforex mastercard

All InstaForex customers regardless of the location worldwide have a

possibility to obtain a Debit Card in the US dollars for withdrawal of

funds from their trading account. Once withdrawn funds have been

loaded to your Card, amount loaded can be withdrawn from any ATM

Machine in your Country (including Nigeria).

A Client can apply for the Debit Card from their Instaforex Client Cabinet.



Local Transfers Agent

Instaforex clients (especially those in Nigeria) have the unique opportunity of withdrawing funds from their trading accounts through Insforex Accredited Agents in their country (including Nigeria).

Using a local transfer payment method offers you more flexibility and guarantee that you would receive your funds, even in your local currency (e.g. Naira for Nigeria).

To withdraw your funds through this method, you have to contact an Official Representatives of Instaforex Company. You would find their Office addresses and contact details inside your Client cabinet.

List of Instaforex Offices & Representatives in Nigeria

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