fxeconomist

Try Hotforex. I trade them for years no issues so far. Though Fx is my hobby an I'm dealing with 4 digit numbers on my balance only, no signs of Dealing desk or withdrawal delays. I really like them.

Doesn't HF have office in Fillipines. Guess it gives nothing to average philippinese trader, as top up and withdrawal methods are all online. Don't even think HF will open office there in Russia because it's not a key market for them.

There are no reported cases about brokers suffered from Greek crisis (I mean abnormal market movements caused by Greek crisis). Don't know what's happened with FxPro receive payments from Hotforex without any delays:)

For stock trading you have to have significant amount of money to invest:) Stock market is not so volatile and the only strategy to profit is buy-n-hold. You'd better to try Fx to maximize profit and get rich quicker:)

Recently the interest sparked to emerging markets like Turkey or Russia, in connection with this I would like to hear any opinions on trading with USD/RUB or USD/TRY. Thankfully have these pairs on Hotforex with quite competitive spreads, but heard they may experience severe lack of liquidity sometimes. Is it true? Any information relevant to my inquiry is much appreciated.

Sure we can help you. For a start go there https://www.hotforex.com/ru/account-types/hotforex-demo-account.html and register demo account. There you can try to trade absolutely free, test basic trading strategies which come in mind, test someone's signals and just have fun watching how virtual losses or profits float . After reading a good deal of recommendations there at forums, educational websites such as Forexpeacearmy Military school you can start with cent live account grabbing or losing your first cents (or bucks) on forex market.

40 K is too high entry threshold for me. Current balance at Hotforex is only 12K:helloooo:

Could track decent money management in your trading description. I have approximately same trading setup but only for currencies, 1:50 leverage, no more than 0.5 lot size and fixed spreads (special Hotforex account). And my profits do outweight losses as well, because I my drawdown never exceed 0.5% of my account or i close the trade.

Money management is the core issue. All trading strategies (talking about techy approaches) are equally efficient, we just have to close losing traders faster and hold profitable trades longer. If you don't have trading plan do not trade forex.

Glad my broker Hotforex survived. Still can't find alternatives to their zero spread account.

Yes I clarified. You need to provide your ID card to them and they will take decision.

Hi FxFive, What type of account do you have with them and what pairs are you trading? Looking for feedback of live testing of their zero spread account. Would really appreciate any input on this matter.

Well established? Could you tell me more about them? What do you think about Hotforex, can we consider them well-known? Thanks in advance for your reply.

I live in a Muslim country and according to Hotforex requirements for opening Muslim account I just need to show my ID and that I live in a Muslim country, I guess. What do you think?

I wonder is it reasonable to use swap free account to hold overnight positions on "swap-expensive" pairs like USD/RUB? This particular pair has volatilty lowered on it but it still quite promising in terms of news trading like on CBR announcements or other fundamental internal events. Scalping is barely possible there so I consider moving on weekly trading. What's your opinion on that matter?

Maybe because investing in an asset overheats it's and sometimes it needs to cool down to launch the process again. I stick to the opinion that the higher is upsurge the deeper is collapse when it happens. What do you think?

Yeah quite accurate analogy. I always place stops in my trading, it's even done automatically by special software I found on FF.

Can I ask questions during the webinar or it's only permitted to present as listener?

Yeah I also trade with Hotforex on premium. No issues so far

Yeah I also noticed this feature in my personal cabinet. Seems now I will be able to know other HF fellows making money abreast with me

Winners are usually aggressive traders with insane MM and max lot size orders. No chance to oversmart them

Have you tried to figure this out together with your broker? What was their explanation? Most probably you got your order slippaged as it often happens in fx trading.

Got two my friends signed up under this promotion. Very good conditions on bonus release, btw.

Yeah that's a great broker both for newbies and trading experts. Have been using them since 2012, their low trading costs make their platform perfect for scalping.

Worthwhile recommendation really. Vote for Hotforex too.