HotForex Discussion

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10-07-2025 03:33,
oSonesnaraja

Quote:

Originally Posted by ;

this is my setup, I have a confirmed skrill account connected to a local bank account, so you've got to register a skrill account and confirm everything before anything else. I also obtained their dbit card, I think its similar to 29usd yearly, im not sure what you mean by conserving, but skrill isn't hard to use for deposit and withdrawals, usually I just transfer the money into skrill and draw it using a debit card or make a transfer into a local bank account. But before everything else be sure to have your fair share of demonion, and if you truly decide...

Thanks. Anyway, what I meant about save is which procedure has lesser fees in terms of withdrawals. Utilizing Skrill, or using Bank Wire.
10-07-2025 03:42,
hesSxhu33

Quote:

Originally Posted by ;

leebsurag: I didn`t have the exact same experience with Hotforex because you did, this is my article in July last year, at page 28. I believe it's post 545. I have all of the screenshots in the incident, revealing everything I claim. When I suddenly had to wait for their client chat and so on. I'd warn other traders about utilizing Hotforex as their broker. It's a huge bucketshop in my own books. You urge all of them over the forum, other members also encountered bad experiences together. The acid test is if you make money or not from them. Should you fill...

I totally agree with you. I needed to close also my 2nd account at Hotforex due to a nasty plugin. HF is a pure market manufacturer and if you've got a profitable Forex egy with transactions lasting few seconds (no arbitrage) there is no way they enable u to profit, once they detect this. I saw several time transactions at 3 pips profit suddenly closed at 1 - two pips loss. If they are unable to market your transactions the most effective plugin existent in the market is switched ON. If u eliminate money or maybe if ur transactions have a long duration u are the very best client for them. If u wish to scalp, better not to look at HF. They are master in the art of plugins
10-07-2025 03:50,
desyvaSa61

Quote:

Originally Posted by ;

quote I completely agree with you. I needed to close my 2nd account at Hotforex because of a nasty plugin. HF is a pure market maker and in case you've got a profitable scalping egy with transactions lasting few seconds (no arbitrage) there's no way they enable u to profit, once they notice this. I saw several time transactions at 3 pips profit abruptly closed at 1 - 2 pips loss. If they're unable to market your transactions the most efficient plugin existent in the market is switched ON. So if u eliminate money or perhaps if ur transactions have a long duration u would be the...

Thank you for sharing your exerience. I see you're profitable trader, that's not. With a sharp ratio of over 4 you are probably a nightmare for bucketshops. They might have to adhere to foul play to get rid of you.

The members here posting about Hotforex for a top-notch broker, are totally clueless or working for Hotforex. Most probably the latter. No additional members on this forum has this large a proportion of posts where they speak positive about at broker. The you'll see at other websites, such as Baby pips and so on.

It is a component of their marketing egy I suppose...
10-07-2025 03:58,
oSonesnaraja

Quote:

Originally Posted by ;

quote Thank you for sharing your exerience. I see you're profitable trader, that is not the client they want. Having a sharp ratio of over 4 you're probably a nightmare for bucketshops. They will have to adhere to foul play to get rid of you. The members here post about Hotforex to be a top-notch broker, are either totally clueless or functioning for Hotforex. Most likely the latter. No additional members on this forum has this large a percentage of posts where they talk positive about at broker. Exactly the same you will see at other sites, such as Baby pips...

What broker are you using for Foreign Exchange?
10-07-2025 04:08,
desyvaSa61

I'm not here to advo brokers. I can provide you an advice for what to look for when choosing a broker.

My starting point is that most retail Foreign Exchange brokers aren't worth using. Still there are some around. Should you insist on trading Foreign Exchange, then you must start to search for these.

Use your common sense. The best ones are often the ones you don`t hear often about.

Why? They really don`t need to advertise their offerings to get customers. Those with experience or have connections in the business will be directed towards them anyway.

There's no thing such as a free-lunch. Forget about bonuses, homesites wich appeal to your emotions about quick/big money, with images of automobiles, women and luxury. They appeal to your dre/emotions not your motive. High leverage is generally a big NO for seriousness. All this would be to draw the newcomers.

I have been argumenting for picking a broker with a good law, this is my initial beginning point. Even this isn't a guarantee, It is a start. Good regulations are also far between. FCA is my choice for a strong regulation. Still, don`t blindly select a broker from this law. Bad fruit on this tree too.

Sadly enough the majority of the adequate retail brokers requires a greater deposit. If they're to only earn from commission and spread that this is understandable.
10-07-2025 04:19,
vesxxusaSotesntt

Quote:

Originally Posted by ;

I'm not here to advo brokers. I can give you an advice for what to look for when selecting a broker. My starting point is that most retail forex brokers are not worth using. Still there are some around. Should you insist on trading forex, then you must begin to look for these. Use your common sense. The best ones are often the ones you don`t hear often about. Why? They really don`t need to promote their offerings for customers. The ones with experience or have relations in the business will be directed towards them anyway. There's no thing such...

Absolutely amazing article! Congratulations, Mr. Decima...https://www.forexforum.co.za/attachments/1525849554.png https://www.forexforum.co.za/attachments/1525849555.png https://www.forexforum.co.za/attachments/1525849555.png https://www.forexforum.co.za/attachments/1525849555.png https://www.forexforum.co.za/attachments/1525849555.png https://www.forexforum.co.za/attachments/1525849555.png https://www.forexforum.co.za/attachments/1525849555.png https://www.forexforum.co.za/attachments/1525849555.png https://www.forexforum.co.za/attachments/1525849555.png https://www.forexforum.co.za/attachments/1525849555.png https://www.forexforum.co.za/attachments/1525849555.png https://www.forexforum.co.za/attachments/1525849555.png
10-07-2025 04:30,
oSonesnaraja

Quote:

Originally Posted by ;

I'm not here to advo brokers. I can provide you an advice for what to look for when choosing a broker. My starting point is that most retail forex brokers aren't worth using. Still there are some around. Should you insist on trading forex, then you must begin to look for these. Use your common sense. The top ones are often the ones which you don`t hear often about. Why? They really don`t need to advertise their offerings to get customers. Those with expertise or have connections in the business is going to be led towards them anyway. There's not any matter such...

Thank you for your information.
10-07-2025 04:39,
esnesesnuzor

Quote:

Originally Posted by ;

I am not here to advo brokers. I can provide you an advice for what to look for when selecting a broker. My starting point is that almost all retail forex brokers aren't worth using. Still there are some around. Should you insist on trading forex, then you must start to look for these. Use your common sense. The best ones are often the ones you don`t hear frequently about. Why? They really don`t need to promote their offerings to get customers. The ones with experience or have relations in the industry is going to be directed towards them anyhow. There's not any thing such...

People who have adequate experience understand what to look for, cuz they know exactly what they NEED. Saying you require tight spreads and quick execution you say nothing because each broker promote that. Try several bucketshops to understand what actually you're looking for, because everything is getting know by comparison.
IDK but speaking about HF I will say it fits the bill in terms of MY trading requirements. And it doesn't mean it will necessarily satisfy different traders. .
10-07-2025 04:47,
kures1492

Quote:

Originally Posted by ;

I have read a couple of pages in this discussion, please, someone has lately made deposits and withdrawals through NETELLER or Skrill this broker? How would be the processing, smooth and fast or have any issue?

I utilize Skrill (moneybookers) all of the time and also my hotforex withdrawals are often processed under 24 hours... here's screenshot = http://photoshar.in/hotforex-multiple-withdrawals
10-07-2025 04:57,
desyvaSa61

Quote:

Originally Posted by ;

quote Those with adequate experience understand what to search for, cuz they know what they require. Saying you require tight spreads and fast implementation you say nothing since every broker advertise that. Attempt several bucketshops to realize what really you're looking for, because everything is getting know by comparison. IDK but speaking about HF I can say it fits the bill concerning MY trading demands. Plus it doesn't mean it will necessarily suit other traders. .

The brokers cost with spread and comission is simply part of the picture here. That is advertised by bucketshops but fail to live up to it. Like Corre71 mentioned in his final article. It doesirrespective of what Hotforex advertise as their spread, provided that they manipulate the real trading requirements.

As I posted, the real acid test is what they do when a trader is profitable with them. For me they failed to answer my own questions about what had occurred with the information feed I obtained from them. Their customer care were unexpectedly awful. I knew it was time to proceed to another broker after my episode with them.

For me and many others as well, they failed miserably. You mention experience, well this is a portion of my experience as a trader. To have coped with a bucketshop and to have the ability to recognize it. They are by far not. Still, because some members in the forum have an agenda to urge them all over the area, I feel obliged to share my experience with them, to warn others which Hotforex might be as rosy as some claims it to be.

After all this is a forum, where we discuss knowledge about trading and the business. You and I disagree about Hotforex, that is respected by me. I am only balancing the image here.

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