anyone here use em, if so for how long, please provide feedback
Hotforex STP/ECN claims 38 replies
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HotForex discussion 34 replies
Dislikedhot forex,cannot invest more then 10 dollars in a company with that nameIgnored
DislikedI have used them and the support seems ok, the platform did hit me with 2 off-quotes my first day, which they said they did not see on their end. However, overall not bad, they did actually give me a portion of my position back due to the re-quotes, which by the way they are not suppose to have.
I have used them for 2 weeks.Ignored
DislikedI've signed up the account for the 50% Bonus.
After my account has more than USD 1000 or profit, I withdrew USD 700, which is part of the profit. According to their document, we could withdraw our profit and keep the bonus. But after the withdrawal of USD 700, they reduced the bonus by USD 350, which is 50% of the withdrawal amount.
After I emailed to their Backoffice, which was told by their Live Support, HotForex freeze my account and not allowing me to trade!!!
This was given by HotForex from their webpage about the 50% Bonus:
DislikedJust so you all have the full picture on HotForex. My HotForex account exists only to test them out and also make sure I have my strategies tight while trading live, demo is no way to know you have your emotions in check. Anyway here is what I have experienced so far.
No-Quote, I have had a few in the past and the one today was during the heavy times with the EUR/USD, for the most part was to be expected with them.
During normal trading many times my MT4 goes to either a "no connection" or platform freezes. Yes these are the games they...Ignored
Joined them a few months ago because i wanted to use their PAMM as i am a fund manager.
No complaints here, good support and executions.
I reccomend them.Ignored
DislikedI do not really get what you are saying here... If you read the "HotForex Bonus Terms" (http://hotforex.com/documents/HF_Mar...s_22062011.pdf) paragraph 3 for bonus its pretty obvious for me how the rules are working. Have you read the document above?Ignored
DislikedYes, I quoted the same paragraph to their Back Office. My account had a profit of USD 1000 and I can make a withdrawal of up to USD 1000 while keeping the bonus, but I only withdraw USD 700 and keeping the remaining USD 300 in my account.
They sent me the same document that you pointed and claimed that withdrawal of profit will reduce the bonus. I demanded them to show me the clause in that PDF file that exactly state withdrawal of profit will reduce the bonus. But they couldn't. Obviously, they didn't read and understand their own rules.
Dislikedif they are good they dont need any such bogus schemes to attract peopleIgnored