“Hotforex Broker Review”
Hotforex is one of the best ECNforex brokers. This means that they do not operate a dealing desk, because they do not operate a dealing desk, your trade will be executed almost instantly, as your trade goes directly to Hotforex’s liquidity providers. This makes Hotforex a great platform for scalping. When you open a real trading account with Hotforex you will get free Hotforex e-Course. Trade signals.com will give you access to free forex signals via SMS and email, free forex tv and free live streaming trading sessions. You can open a real trading account with Hotforex from as little as $25 and there is several different trading account available to open these are: Micro, Standard, Volume, Currenex and Islamic forex accounts.
“Hotforex” has a trading platform to suit anyone’s needs, these include MT4 trading platform, iPhone trading platform, Web trader and Smart phone trader. So you will be able to keep your eye on your trading account and place trades, no matter where you are.
Hotforex has some great tools for its traders to use and the more useful tools the more likley you are to profit and succeed in forex. Among Hotforex’s great tools you will find, Live forex tv, risk and reward calculator, pip calculator and a pivot point calculator. We find the live tv stream especially beneficial to people who like to trade fundamental announcements.
One of the best points of trading forex with Hotforex is the bonuses that they offer all their clients, no matter what account or deposit size they have made. Hotforex offers their customers a 30% deposit bonus on all deposits they make at Hotforex, not just their first. So if you were to deposit an amount of $1000, each time you did this you would get a $300 bonus.
You can fund your account at Hotforex with the following methods
• Min. deposit: $5/5€ • Wire transfer • Credit Card • Liberty Reserve • MoneyBookers • Alertpay • Perfect Money• WebMoney • Neteller • Transac24
Depostis and withdrawls at Hotforex are very fast and simple with no fuss.
Click Here To Open A Real Or Demo Account With Hotforex >>>>>>>
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I was a bit weary of opening an account with Hotforex as they are a relatively new forex broker, so I opened a micro trading account (I don’t normally trade micro accounts) I must admit I have had no problems with this broker and everything seems to be fine. I am thinking of opening a larger trading account with them soon.
I have traded forex for several years and always been with the same broker since I started. About 7 months ago I decided to give Hotforex a go since they offered bonuses on all deposits, I thought this was a pretty good deal considering what most brokers offer. Up to now I have had no problems with withdrawing or depositing into my account. Everything seems to be going very smooth with Hotforex.
They Don’t Care About Clients’ Privacy Details. I’m none of Hotforex employee but on 30/09/2011 John Watson asked me to contact one of their client in Indonesia becuse they wondering if credit card used by that client to made deposit was a stolen CC. To contact the client of course he gave me that client’s detail. Regarding to privacy concern, is that what good broker does? You can see screen shoot of our chat here:
http://hotforexscam.valasindo.net/reason-no-1/
They Reimbursed Some of Clients’ Fund Just To Keep Their Rating On Some Forum HIGH. We read on some forums that in some cases like their MT4 server down they reimbursed clients’ fund. Did they reimburse all of clients or just them whom made a bad reviews/complaints in wellknown forums?
If they really STP/ECN such order must already went through interbank/liquidity, how come they reimbursed such losing trade?
This has to be one of my favourite brokers I have traded with. And I have traded with a good few brokers over the years. I have never had one problem with the execution, no matter how busy the market is. Spreads are as good as you can get and bonuses are great. This is the one and only broker I have been able scalp with, without any problems. If things keep up at Hotforex, I will certainly be sticking with them.
Denika, I have read your same post on other sites and forums and to me it is very clear that you were not an employee of hot forex and you also know very little about trading forex. For a start you would know that a STP forex broker also acts as a dealing desk broker if the contract is not met. My guess is that your only involvement with Hotforex is losing money, because of your lack of knowledge on forex. As a professional forex trader I can truthfully say that I have never once had a problem with Hotforex and find their service to be nothing more than professional. Denika it is people like you and your moronic comments that make it hard for people to find a respectable forex broker. If you had no idea on how to trade forex, then you should not have started in the first place. Forex trading is not for kids.
Sonny, sonny the angry teacher or what shall we call you? YOu might know about the forex, but certainly you are not mature yet to comment.
With my 9 years experience i have learned hot to laugh at negative comment about brokers. I never look at these reviews, cos tehy obviously come from newbies, i rather look and listen to my pool of investors who have tried the broker before and had a better more objective judgement.
So mate, get a cold shower and relax.Denika needs to learn.
Having read reviews on half a dozen forums already, it is obvious that this company gives everything to sustain its public image of an honest broker. Otherwise why would the reviews sound as if written from professionals? Why the same traders would bother writing reviews on several forums with exactly the same words/copy and paste, anyone/? Something smells here…
The best thing you can do when choosing a new forex broker is to test them yourself with a small amount of money and gradually build up as you gain their trust. I personally use Hotforex and Trading point forex brokers. Although both brokers are relatively new, which some people may be wary of, I have never had any problems with either. Ultimately there is only you who can make the decision and it is not a decision which you should blindly rush into.