fxeconomist

Do you mean Hotforex or other broker? Can you share your experience of dealing with them?

Thanks and what broker can you recommend for trading?

I would say that there is no such thing as best brokers, sh*t happens sometimes with all of them especially since they have no control over their liquidity providers, when they fail, everybody blame brokers, but NDD brokers are simply mediators and it's not their fault nor their usual practice. An examples of STP broker is Hotforex.

Single trades are not representative and very rough estimate of trading skill. Can you repeat your profitable trades and show consisting winning or some reasonable winning ratio in your performance? Most traders fail at this requirement.

I'm looking for no deposit bonus offers like this one. Please recommend only legit brokers, preferably with FCA license and established reputation. Discussions about special conditions of the offers are welcome.

Agree, that's why after series of losses it slowly dawns on newbies that holding implicit faith in luck is disastrous and they have to rely on calculations and statistically sound methods. It's hard to make abnormal returns on the markets which are close to efficient.

You can try CFD on indices. You can trade them for example on Hotforex platform, transaction costs are similar to what you are looking for.

I traded signals but unfortunately they didn't work for me. I think it is very difficult to find professional and winning signal provider because truly winning traders can attract much more serious investors than random low-capitalised investors from internet.

Nope, you won't find liquidity for this pair, especially for CFDs. I think some kind of capital controls are applied in Argentina since they suffer from foreign currency outflows which, of course, bars currency trading. The most exotic pair I've seen in my Hotforex platform is USDCNY.

Nice, can I test your trading approach and system with my current broker Hotforex? Do you offer free trial?

I think you should try Hotforex is an excellent brokers which offer CFDs on many types of assets - currencies, stocks, indices etc. In my view they offer quite cheap and flexible platform for trading which has many advantages over other brokers and platforms.

What for do you need that? Don't see a point in developing such indicator.

Have you ever participated to their contests or used any promo from them? My favourite one is 100% credit bonus, been using it regularly since Hotforex started to offer it.

Metatrader platform doesn't support that. Also even if it existed you wouldn't be able to take advantage from it for a very simple reason - latency.

Yeah agree, trading with Hotforex helped me to realise how important is a trading plan.

How can we tell apart bad from good brokers? Please share your tips.

I wonder why didn't they include such popular and reliable brokers as Hotforex or Tickmill. They obtained FCA license so traders are under protection.

Are existing clients eligible to get special rewards? I trade with you for 6 years and basically tried your every promo.

The only rule you need to know from money management is to risk no more than 1% from equity, this will save your account from disaster. Other rules or techniques are too complicated and often useless because risk of improper use is high.

I use FX start from Hotforex, it is a signal copying service. With proper diversification you can construct good portfolio but you certainly have to be apt in investing and assessing fund manager's performance.

I wonder why didn't they include such popular and reliable brokers as Hotforex, IB or Tickmill. They all have FCA license.

Yes, you are right you should improve your market analysis skills and you should also learn how to trade using demo account for example from Hotforex. This should help you to enter into the real world of Forex

Can I use this EA on my Hotforex platform? How do I do that?

Nice observation I'm also going to open short position with Hotforex, expect Yen to strengthen against dollar. What's your thoughts about that?

Yeah IG is good I use it along with Hotforex, the best two brokers so far.