I thought somebody once said instaforex is a bucketshop?

*I too am looking for IBs to start an acc. So far I only know that IBFX has a malaysian toll free contact. (Haven't rung them up to ask)

My main concerns are the transfer of capital, how do you guys do it? I saw in earlier posts some of you mentioned wire transfer, so can I use any of the local banks (suggestions welcomed) to transfer capital directly to the IB? Or do I need to have an overseas acc? (e.g. Paypal?)

Thnx