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HotForex Discussion

  • #361
  • Jul 1, 2013 6:25am Jul 1, 2013 6:25am
Thanks for info undergroundz, i have asked their support and seems like that i need to withdrawn first the same ammount of cash to credit card first before withdrawing somewhere else that i deposited, no matter if i am withdrawing profits or not. So i need to make 5000 first and then after that i can withdraw elewhere...hm
  • #362
  • Jul 2, 2013 9:53am Jul 2, 2013 9:53am
Now the withdrawals are good with online request system being introduced which does not need the signed form anymore.
  • #363
  • Jul 2, 2013 2:42pm Jul 2, 2013 2:42pm
Quoting undergroundz
I do often withdraw from Hotforex to my Skrill account then I withdraw from Skrill to my bank account. With the new wallet MyHotForex, my withdraw get processed after about 6-12 hours. I don't remember exactly. http://50.22.104.143/~forum/images/b...-highlight.gif
I tried hotforex this year, and made a deposit over 1k$ with moneybookers, and then a withdraw of the same amount also with moneybookers. It is not instant, but it went without hassle.
If you aim for the stars- but miss, you still get the moon...
  • #364
  • Jul 3, 2013 2:28am Jul 3, 2013 2:28am
Quoting aiming4stars
{quote} I tried hotforex this year, and made a deposit over 1k$ with moneybookers, and then a withdraw of the same amount also with moneybookers. It is not instant, but it went without hassle.
Yeah, I also haven't got any problems when I make every withdrawal from Hotforex. They always are on time, that made me like this broker. I hate the feeling of waiting for money.
  • #365
  • Jul 4, 2013 2:10am Jul 4, 2013 2:10am
normally how long do you get the money from hotforex?
  • #366
  • Jul 8, 2013 5:44am Jul 8, 2013 5:44am
Hi guys
does anyone noticed that hotforex spread on all currency pair has increased significantly since last friday?
  • #367
  • Jul 9, 2013 2:38am Jul 9, 2013 2:38am
yeah, I think it was a bit wide during the asian session yesterday (monday), but things are fine now
  • #368
  • Jul 9, 2013 3:13am Jul 9, 2013 3:13am
Hello i would just like to add that i have made my first withdrawal from them and it was very quick. Money was on CC in 1 day, i just had to check on bank income/outcome list of card if it was all there. On second withdrawal now hope it all goes good again.

Overall i would rate them with 9/10.
They have very good support, most of the stuff is solved straight away, their account control is very decent and has been a bit simplified, they had bank transfer problems before with IBAN but it has all now been solved under new regulation where its all more keen for European users. Their bonuses are good and most of all i really like heavy leverage. Been trading for more than half year now with them.

Oh and for those who will be withdrawing i would strongly recommend DEPOSIT AND WITHDRAW trough internet provider such as Neteller or Webmoney to get money asap on account and from it and also to be less restricted to where money has to go in the end.
  • #369
  • Jul 10, 2013 2:20am Jul 10, 2013 2:20am
That's very good. I also withdrew successfully from HotForex many times. This broker has a great CS and never delay my payment.
  • #370
  • Jul 11, 2013 2:25am Jul 11, 2013 2:25am
exactly, and that why I go through skrill for the process, but still its good to hear about cc withdarawals pushing through quick
  • #371
  • Jul 13, 2013 7:47am Jul 13, 2013 7:47am
this broker looks good ,but i cant check their regulatory license in FSC website or neither hotforex provides a link to check their regulation.they just have uploaded a certificate.
can anyone provide me link to check their license?
  • #372
  • Jul 15, 2013 3:05am Jul 15, 2013 3:05am
Quoting zoomfire
this broker looks good ,but i cant check their regulatory license in FSC website or neither hotforex provides a link to check their regulation.they just have uploaded a certificate. can anyone provide me link to check their license?


Im not sure about the FSC website, but here is a link to the GBOT also under the FSC, hotforex is listed under HF Markets. http://www.gbot.mu/members

and you know aside from the FSC. hotforex is also regulated by the CySec Europe and you can find them in their website http://www.cysec.gov.cy/licence_members_1_en.aspx also under HF Markets Ltd. I hope this helps.
  • #373
  • Jul 15, 2013 9:14am Jul 15, 2013 9:14am
Quoting jiggz
{quote} Im not sure about the FSC website, but here is a link to the GBOT also under the FSC, hotforex is listed under HF Markets. http://www.gbot.mu/members and you know aside from the FSC. hotforex is also regulated by the CySec Europe and you can find them in their website http://www.cysec.gov.cy/licence_members_1_en.aspx also under HF Markets Ltd. I hope this helps.
thanks for the link and even i saw the cysec one.but when i click HF markets in the page ,the page goes blank .and i read about GBOT procedure .it looks like a big time for getting it.
so they will be legal.
  • #374
  • Jul 15, 2013 9:40am Jul 15, 2013 9:40am
Haven't had any issues with any of the thing with the hotforex so far.
  • #375
  • Jul 15, 2013 11:26am Jul 15, 2013 11:26am
they changed the margin for US500 overnight for 10 times! from 12 to 120$ without telling us!

also you have to place order 3-4 pips away from current price, something most other brokers don't have!

their currenx spreads are worse than most of Australian brokers!

super hot sexy forex yeah! and you get a free porn if you sign up with them! woohoo!
  • #376
  • Jul 15, 2013 11:57am Jul 15, 2013 11:57am
Quoting Vitez
they changed the margin for US500 overnight for 10 times! from 12 to 120$ without telling us! also you have to place order 3-4 pips away from current price, something most other brokers don't have! their currenx spreads are worse than most of Australian brokers! super hot sexy forex yeah! and you get a free porn if you sign up with them! woohoo!
What do you mean by porn? and how can margin get increased? its impossible .Post screenshot proof of what u experienced.
and placing the order 3-4 pips is not such a big thing in slippages. there are brokers who placed at 20pips .
so please post the screenshot of your problem about the margin
  • #377
  • Jul 16, 2013 2:51am Jul 16, 2013 2:51am
Quoting Vitez
they changed the margin for US500 overnight for 10 times! from 12 to 120$ without telling us! also you have to place order 3-4 pips away from current price, something most other brokers don't have! their currenx spreads are worse than most of Australian brokers! super hot sexy forex yeah! and you get a free porn if you sign up with them! woohoo!
Its hard to believe without proof and I`m agree with zoomfire that Post screenshot proof of what u experienced.
  • #378
  • Jul 16, 2013 6:03am Jul 16, 2013 6:03am
porn was a joke look at their silly ads....TAME the market! yeah!! =//

alright here's a proof. I don't have the other email where it's show that at exactly that day they changed margin without warning but the fact is that now you can see it's obviously $120 per contract but on my picture you can see 2 contracts where required $48

can they do that? yes!
is it good for us? no!

the reason they changed on that day and so silently is because probably many of us retail traders where short making a quick buck!

it's 20 pips for EU and even 40 for AU...don't ask me check out the demo...
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  • #379
  • Edited 3:24am Aug 2, 2013 3:12am | Edited 3:24am
Quoting Greeneyez
Haven't had any issues with any of the thing with the hotforex so far.
So which payment methods do you use to withdraw? I'm using Skrill and also get no problems so far.
  • #380
  • Aug 26, 2013 2:48am Aug 26, 2013 2:48am
Yes. the deposit is instant and withdrawal often takes 24 hours. I just made a withdrawal from last Friday but due to the UK national day so money hasn't come yet
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