Good to hear that there are a few brokers that are not attempting to loot hard earned traders' money.Quote:
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Good to hear that there are a few brokers that are not attempting to loot hard earned traders' money.Quote:
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Unfortunately the same is not the case with my XTB brokerQuote:
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My Broker closed the standart account and made others:
One using a fixed spread (1.6) and another using a fixed spread (0.9 minimal).
The factor spread account doesn't guarantee that the stop loss.
Of course I leave this broker, but I do not know in which broker to open an account
I'd prefer you to comment on this particular situation.
My personal choice is Hotforex.Quote:
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I was trading for a person out of UK, account was 60% in 3 months. He managed to withdraw All Capital Profit with no problem.
Try it and let us know
Cheers,
Same here. I had no issue withdrawing with Hotforex. The process is always done in 1-2 days maximum, this really is an example = http://www.photoshar.in/hotforex-multiple-withdrawalsQuote:
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Thanks for sharing pic https://www.forexforum.co.za/attachments/1525067612.pngQuote:
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yes, reliable brokers normally procedure customer withdrawals quite quickly. I also traded with popular brokers and they process in maximum 24 hours.Quote:
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It really depends on trading styles. Scalping and HFT accs are audited more attentively why withdrawal might take more time, that's. .Quote:
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When you have good withdrawal background together with the broker, they can approve your request.
Well maybe its authentic unless you were not noticed in almost any suspicious trading styles like arbitrage or some sorts of scalping. However, after 4 Decades of expertise using Hotforex I continue to receive my withdrawals within 6-24 hoursQuote:
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Withdrawal was dne its decent, throughout the mastercard, good limit, and charges are manageable, way better than I expected I mean in comparison to other solutions like skrill which lately murdered the oriental clients in policies with abrupt shift.
Was that weekly / month or??Quote:
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Profit from 8-9 weeks last year.Quote:
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I think he would like to ask how long can you pay to get that sum (12k)?
Its profit, I wish I had this profit in 1 go, but with this aside it really is based upon capital and the trading style utilized. . But I would highly highly advise particularly for new traders, to keep it simpler than rush it all. best of luck
Yeah I advised it is profit created for 9 weeks of trading (not taking into account first deposit). Although I had many blowouts earlier it was never a smooth heading for me.Quote:
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Anyone understand, brokers can able to discover indior names that we using on MT4 ?
I don't know how they can't know what we are using on their appliions https://www.forexforum.co.za/attachments/1525067612.png The platform can provide additional information we do not know. And you can take care your browser like Firefox or Chrome, the provider could know you clearer than you know.Quote:
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Personally I use Skrill and also the withdrawal process was always smooth, here is the screenshot = http://photoshar.in/1448usd-withdrawals-hotforex-augustQuote:
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I see Neteller as another alternative, why don't you use? Higher fee?Quote:
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Neteller will charge more fees and loses concerning convenience in my view. Skrill show my taste and is veteran in payment solutions.Quote:
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Sorry, but I did not assert that https://www.forexforum.co.za/attachments/1525068667.png My claim was that lots of brokers get FCA license but still keep some customers on their offshore branches. That's it. And that there are reported problems recovering funds from broker regulated under it.Quote:
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FCA is great watchdog and brokers should try for it since it will raise their authenticity in the view of many traders.
As you can see at election day that the market move mad at asian session where liquidity is low , so that kind of spread is normal given the event happen. Plus You're trading cross pairQuote:
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you are able to complain to CySEC and to FPA.Quote:
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Regards!!!
P.S. I just feel that many, mabe 90 percent of brokers are bucketshops. Most recently HotForex have changed the model company from ECN (agency which doesn't have any part into the clients transactions) into Money maker business model where they're the piquidity provider and they become the primary counterpart of the customer. As long as a broker is a money maker he want to do with his spreads and liquidty. Be advise that when a borker is that pretend that he has an ECN version but operate with MT4 platform that he establishes, MT4 platform can't agregate orders from several liquidity suppliers, nor MT5. Ctrader, Ninja Trader platform and other proprietary platforms can operate with numerous liquidity suppliers however not MT4 and MT5. I believe HotForex have recognized that they have lied to their own clientel regarding the company model when they have promised to be an ECN broker. Also be advised, CySEC is a poor regulator. If you regard forex as a business I advise you to consider doing business with a real ECN broker or even a MM borker but under some stringent regulation such as FCA form UK.
Regards!
That is what happens when traders doesn't read mails from a broker about changing of trading conditions ahead of significant occasionQuote:
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no one wishes to follow the destiny of Alpari UK https://www.forexforum.co.za/attachments/1525068667.png
Anyone know about CySEC leverage limitations and changes in Hotforex policy? I am still able to exchange 1:400 leverage can it be possible to observe a ban for leverage in Hotforex?
If Im not mistaken, this was from last november, in which CySec had an argument regarding disallowing deposit bonuses, and stoping utilization of leverage over 50:1, it belongs to most if not all of retail brokers I guess, correct me if im wrong but this appears to have something to do about the recent IronFX 1000 complaints, that prob contributed to just pointing out it was because of bonuses and excessive utilization of leverage, well I guess im simply tackling these gray areas and the film isn't that clear yet (personally). But so far there is nothing official to speak, we may wait for updates regarding these changes and such sort of changes are bail. .
NOTE: kindly dont quot me this, I my self aint sure and will simply deal with it if the image is clearer. .
Please assess your broker page , they're licensed in St Vincent....Quote:
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HF Markets (SV) Ltd is registered in St. Vincent that the Grenadine as an International Broker Company using the regiion amount 22747 IBC 2015.
The items of this company are all subject matters not forbidden by International Business Companies (Amendment and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent and the Grenadines, 2009, specifically but not entirely all commercial, financial, lending, borrowing, trading, support activities and the involvement in other enterprises and to give brokerage, training and managed account solutions in currencies, commodities, indexes, CFDs and leveraged financial instruments.
You're OK for high leverage I guess
Thank you for you reply. This came as a surprise! Hope Hotforex will maintain their level of trading services.Quote:
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Just aware an interesting thing, not sure if it's available at your nations but hotforex has Local Depositor (accessible MyHotForex cupboard), where you can deposit and withdraw through IBs by sending fund to him. I have tried it but I'll use it as it may save withdrawal charge if I withdraw fund to my Skrill account.
I've been with HF for almost two years and I am delighted with their services. Their MT4 broker is okay and their spreads are far better than other brokers. HF isn't the best on the market, but for a trader it is okay. I've never confronted withdrawal problems.
Any fees applied to such withdrawals? What are the counties?Quote:
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Keep going Hotforex. Https://www.forexforum.co.za/attachments/1525068667.png
Good trades Traders.
How long are you trading with Hotforex?Quote:
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Since the end of 2010 wiht Hotforex, they're my 1? choice wiht out any doubt.Quote:
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Good trades.
https://www.forexforum.co.za/attachments/1525068667.png
What is the most significant withdrawal they ever processed for you personally ?Quote:
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Biggest in 1 time 7kQuote:
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Great trades
That's a decent amount https://www.forexforum.co.za/attachments/1525068667.pngQuote:
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I hope it was profit, not something deposited previously. . or??Quote:
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Oh thats some tasty withdrawal. Quite good. . Makes me happy, its not a trader competition anyway its us traders vs the market right?
Not that much really, mine is about 12K, actually got a call verifiion from service https://www.forexforum.co.za/attachments/1525068667.pngQuote:
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