HotForex Discussion

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Compared to other brokers GBPUSD seems have high distribute on HF http://www.myfxbook.com/forex-broker-spreads anyone know what is the main reason for it ? And I have another question, is that the sexy HF is a ECN broker market manufacturer ?

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About the 0 disperse account gbpusd disperse isn't bad. HF is a Market manufacturer. Do not know if they send Beyond the book the internet exposure

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quote On the 0 disperse account gbpusd spread isn't bad. HF is a Market maker. Don't know if they send outside of the publiion the internet vulnerability

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Naaaaah, HF is too big broker to be pure market maker. I'm almost sure they work with prime trading institutes since there are just two fellows who exchange with HF with over 200K deposit, doubt they would to take risk to book such positions.

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quote Naaaaah, HF is too major broker to be pure market maker. I am nearly sure they utilize prime trading institutes since there are two fellows who exchange with HF with over 200K deposit, uncertainty they would to take risk to book these positions.

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Being a market maker isn't always a fault. Oanda and IG Markets are large too but are well proven to function as Market Makers. HF is for sure a Market maker, and it is clearly revealed by the fact that on all his accounts stop amounts are not at 0. But again, I am their client, atm I believe them an honest MM. Probably they market internally clients positions and ship outsied into LP the internet exposure

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quote Being a market maker is not necessarily a fault. Oanda and IG Markets are big too but are well proven to function as Market Makers. HF is for certain a Market manufacturer, and this is clearly revealed from the fact that on all his accounts stop amounts aren't at 0. But I am their customer, atm I believe them a fair MM. Probably they hedge internally clients positions and ship outsied to LP the internet vulnerability

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https://www.hotforex.com/eu/en/accou...m-account.html MC/SO - 50%/20%. Am I missing some thing?

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quote https://www.hotforex.com/eu/en/accou...m-account.html MC/SO - 50%/20%. Am I missing some thing?

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What u mean with this link?
If you want to be able to discern a market maker from an ecn simply google and u will find all elements to evaluate. Most brokers are hybrid, which in the beginning place new customers to B/Book: then a few (the couple which reveals able to be always profitable) are switched to A/book, with the possibility of a 3rd manner which is called C/book. But again, to be a market maker is not a mistake and Isn't unlegal

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quote What u mean with this connection? If you want to have the ability to discern a market maker from an ecn just google and u will get all components to evaluate. Most brokers are hybrid, which in the very beginning put new clients to B/Book: then some (the few which shows able to be consistently profitable) are switched to A/book, with the possibility of a 3rd way that is called C/book. But again, for a market maker isn't a fault and isn't unlegal

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No I meant about Cease out levels, you stated its zero but in the description of the premium account it is 20%.

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quote No I meant about Stop out levels, you stated its zero but at the description of their premium account it's 20%.

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Cease levels and prevent levels are two different things. Stop level is the space in the current price u can set a stop loss. If the stop level is 0 it implies that u can put the stop loss at 0 space current spread in the price
If the broker do not allow u to put stop loss in the space u want but demands some distance in the current price, this will be actually the 1st elemnt which shows he's a market maker. There are many other elemnts which allows u to understand if u are dealing with a mm or an ecn/stp
But to be a market maker Isn't a fault and if the MM is fair can profitable

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quote Cease levels and prevent levels are two different things. Stop level is your space from the current price u can set a stop loss. If the stop level is 0 it implies that u can put the stop loss at 0 space current spread from the price If the broker don't allow u to put stop loss at the space u want but demands some space from your current price, this is the 1st elemnt that shows he's a market maker. There are many different elemnts that allows u to understand if u are dealing with a mm or an ecn/stp But to be a market maker...

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Oh yes sorry just got ya wrong. But isn't it better for scalping EA's which need very tight SLs?

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quote Oh yes sorry just got hitched incorrect. However, isn't it better for scalping EA's which need very tight SLs?

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If u need to scalp with tight stop loss or trailing stop especially if u use an expert advisor is much better to use an account with stop amount at 0 pips. Otherwise u will get a lot of off quotes messages and flaws. However, the fact u use an account with 0 pips prevent level isn't a guarantee u will be successfull because there are lots of different factors involved, but this is another matter
Honestly I use Hotforex and am managing to become profitable too together, so my opinion of them atm isn't bad at all. But things can change

Still in good conditions Hotforex, just one repair the previous nfp period of news, (europe server regulation down 3 minutes), (fsc regulation old standart acounts all normal at the nfp time without issues).
Good trades.