Company Profile
| Aspect | Information |
| Company Name | INSUN |
| Registered Country/Area | United States |
| Founded Year | 5-10 years |
| Regulation | NFA(Suspicious Clone) |
| Trading Platform | MT4 |
INSUN Information
INSUN is a relatively new trading company based in the United States, having been established within the last 5 to 10 years. Despite offering the popular MetaTrader 4 (MT4) trading platform, known for its robust functionality and widespread adoption among traders, INSUN is flagged as a “Suspicious Clone” by the National Futures Association (NFA).
Is INSUN Legit or a Scam？
INSUN is recognized by the National Futures Association (NFA) in the United States, albeit with a status marked as a “Suspicious Clone.” The company holds a Common Financial Service License under the license number 0517038.
Pros and Cons
| Pros | Cons |
| Famous Trading Platform(MT4) | Regulatory Concerns |
| Limited Track Record | |
| Inaccessible Official Website | |
Pros:
INSUN offers trading on the MetaTrader 4 (MT4) platform, which is highly regarded for its advanced trading tools, user-friendly interface, and widespread adoption among forex traders.
Cons:
INSUN faces significant challenges due to its designation as a “Suspicious Clone” by the National Futures Association (NFA), which casts doubts on its legitimacy and operational transparency. This dubious regulatory status heightens the financial risks for traders, potentially compromising the safety of their investments. Additionally, as a relatively new entity with a short operational history of only 5-10 years, INSUN lacks the established track record that many traders seek in a reliable and stable trading platform.
Trading Platform
INSUN offers its trading services through the MetaTrader 4 (MT4) platform, which is one of the most popular trading platforms in the world.
MT4 is renowned for its advanced charting tools, a wide range of technical indicators, and the ability to support automated trading systems, known as Expert Advisors (EAs). This platform accomodates traders of all experience levels, providing a robust environment for trading multiple financial instruments..
Conclusion
INSUN is a trading company in the United States that offers its services on the widely-used MetaTrader 4 platform, known for its powerful trading tools and capabilities.
However, it is flagged as a “Suspicious Clone” by the National Futures Association, which casts doubts on its regulatory standing and the safety of trading through the broker. Founded within the last 5-10 years, INSUN still lacks a lengthy track record, further compounding the risk factors associated with it.
FAQs
- What trading platform does INSUN use？
- INSUN utilizes the MetaTrader 4 (MT4) platform, popular for its trading tools and capabilities suitable for both novice and experienced traders.
- Is INSUN a regulated broker？
- INSUN is listed as a “Suspicious Clone” by the National Futures Association (NFA) under the license number 0517038, indicating significant concerns regarding its regulatory compliance and authenticity.
Risk Warning
INSUN is an unregulated entity, lacking formal oversight from financial regulatory authorities. This lack of regulation may expose clients to increased risks, including potential issues with transparency, operational integrity, and the security of client funds.
FX3095805592
Malaysia
Unable to withdraw! Pay attention
Exposure
善良的人
Taiwan, China
The company representative, Zhang Wei, contacted with me. He had been employed by Shanghai Zhong Xin Finance Company, so I thought he was trustworthy. He was an employee of the company, so he couldn't invest. He told me to use my name to invest together. When the funds were in place, the company's system would automatically control the order. But he told me not to turn on MT4, or I would be off-line. When I felt something wrong, I found that the company has already withdrawn all the money and only left $19 in the account. I couldn't get in touch with him. He just disappeared.
Exposure
Westpac 移动贷款经理 ོ
New Zealand
Induced scam by Chen Tian of the company!!! All the fund-receiving account are facade!! He was even suspected of engaging in money-laundering!!!! He found the excuse of transfer into Singapore account, then disappeared one month later!!
Exposure
FX8523857952
Singapore
The withdrawal is unavailable. No one replies to me. It might be a fake account. Take heed on it.
Exposure
Westpac 移动贷款经理 ོ
Hong Kong China
The withdrawal hasn’t been received for one week while no one responds.
Exposure