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Hotforex is fine overall. It is just not suited for scalping because of the stop levels of 20 points. Also the night time spread is bigger than on other ECN brokers. And 1:200 leverage on their zero account also could be better. Slippage is okay but i dont see them becoming more popular soon.
getting less popular? well from my point of view i mean i have been trading them for 4-5 years now on and off and they continue to exel on both local and internationl, from joining expos to basic financial awards, they are doing a fine job indeed.
"Hotforex is fine overall. It is just not suited for scalping because of the stop levels of 20 points."
20 points? Are you really trading with this broker? This broker is still very popular.
it could be a mis understanding, lets see how it goes, never the less lets just hope every one makes some profit no matter what broker they trade, in the end its not a broker competition really, its more of a trader VS the market. cheers
Hotforex is good but I don't use it.
It's kinda popular with Iml guys. The company is promoting it
The most important is you get a good strategy to always win your trades.
thealcham wrote:
it could be a mis understanding, lets see how it goes, never the less lets just hope every one makes some profit no matter what broker they trade, in the end its not a broker competition really, its more of a trader VS the market. cheers
I noticed this broker for years and it grows time by time and it now has 500.000 live accounts. We actually don't see any crittical problem or complaint with this broker.
is the number accurate, it could have more really, i cant tell for sure, lml? or mlm? lol but with that aside, its still doing good for the past 7 years of so.
I see this broker also have added bitcoin pair with USD and EUR, anyone trading these pairs please provide their feed back, Thanks
you can find good trading conditions on majors while Bitcoin is still vague to me, I haven't tried it but I think it's acceptable, with this broker effort and manpower, it's not too hard to offer moderate trading conditions.
and they just launched their VIP contest, its getting better and better but competition is fierce, there are many really good traders out there.
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