Hotforex STP/ECN claims

HAHAHA Nice Try to distinct yourself from the SCAM hotforex.

All readers know how you defended hotforex, posting words very typical to spammers about being satisfied, easy withdrawals, no problems blah blah blah

I do not care about your opinion if am good trader and smart person. I know myself well.

Good that you talk on behalf of scammer hotforex that have no guts to come here and other forums to defend itself since the accusation have already dressed it from top to bottom.

Good that you confessed of hotforex further action when it becomes under pressure as I said long time ago, hotforex will put the blame on others, that's the liquidity providers in my case after scammer hotforex said no liquidity in london session and in a 5 trillion transaction market, and advertising on forums and review sites about ECN/STP claims.

So, you guaranteed that all those sites are advertising on their own!!!!?? And that scammer hotforex must be the innocent but no without suing them.

Stop that nonsense!!!!

We all know that any company who want to advertise or have IB's working for it, have written contracts including specific details of the advertisement. So hotforex knows about all these advertisements promoting it as ECN/STP broker.
hotforex pays these companies from the money hotforex scammed me.

It's scammer hotforex SCAM not the fault of these websites advertising, that just advertise what scammer hotforex want to show cheat deceive people into believing its ECN/STP claims!!!

FACT: hotforex do not want to post on its website liquidity providers names to make it official so anyone can sue hotforex, then hotforex is a market maker.

hotforex claims that all advertisement companies advertising hotforex fake ecn/stp service are doing it by themselves then hotforex announce that in a statement on hotforex website as soon as possible, so those advertisement, forums, review websites can sue hotforex. Other than that hotforex is a CHEAT SCAM BROKER by PROOFS from breach of contract to fake advertisements to .......

So you just want the logos of BNP Paribas, Barclays, Credit Suisse to be displayed on broker page and consider it sufficient proof of being STP/ECN?
It's a mere nonsense.
FXCM also doesn't reveal it's LP's publicly why not to go and accuse them too in being MM?
Losing hundreds, thousands of bucks trading in full of risks, overleveraged environment is not a precedent, believe me, you're not alone. And trying to seek resolution with your broker in that way won't result in success for you, for sure.

LS

To Mr. Ignorant LS AND hotforex spammer:

Displaying that will open the devil door on scammer hotforex because that will be an official anouncement, implies liquidity providers mentioned, me or any client can sue the scam hotforex for fake claims.

You and the scum forexpeacearmy are the nonsense, when you both request me prove other brokers who do not publish LP names as market makers.

My case is against hotforex, can you get that d..b!?!! My problem is with the SCAM HOTFOREX not all brokers!

Loosing tens of thousands dollars was the result of scammer hotforex breach of margin policy leaving the account to run on overleverage and negative margin over the bonus amount even!! that is a precedent in trading history!!!

You ignorant, if you ever been a trader with a respectful broker, do you know that account can not run on negative margin, how is the client trading account still running?? on unknown money from unknown source for unknown margin!!!!
There must be a margin call and stop out level applied. scammer hotforex applied nothing of both.

So, when my deposit plus bonus both were not enough to carry the open positions, instead of alll orders get closed by hotforex for margin requirement, it got run on negative margin!!!

Not just that, hotforex claim there was no liquidity without proving that!!! no location of my trades no liquidity providers names nothing!!!

If the regulator was NFA, could had instantly withdrew the license from hotforex after the scammer hotforex claimed no liquidity in london session and 5 trillion transaction market, and without showing at what liquidity provider my orders were located.

I know what result I want from my case against scammer hotforex, if not hotforex paying my money on FULL, I'll make its reputation under the ground and continue warning the whole world readers, traders and investors about HOTFOREX SCAM to not get scammed by hotforex as my case for scammer hotforex to use clients money in fake advertisments, and I advice hotforex clients to withdraw their hard earned money instantly from the SCAM HOTFOREX

Ed its just so damn pathetic to see how you claim others to affiliate with HOTFOREX just because they dont had an issue or have the same sight as you. - Get over it, this thread wont get you nowhere.

It's damn pathetic to read some replying when they don't know what the hell they are talking about!!!!!

One want me to attack all brokers to prove others are market makers like scammer hotforex.

Another sees no problem in broker like scammer hotforex breaching contract in margin and bonus policies that led to my negative account balance.

Great! From now on no need for any investor sign any contract with any broker as it's useless when broker can breach it in many policies and that scam action is thought as normal by some people, no need to ask for rights, live with scam companies, that is the normal!!

Back to jungle policy, informal or verbal agreements!!!!

You see it normal that the only 3 posts of that member was defending the scam hotforex!!! No Spammer!!!

You like others to think that my accusation will get nowhere. What's your goal from that? Tell us!!

Lets us think together, what's the purpose of anyone defending a broker many times in any forum???

A Spammer or Dumb!! No other option

SCAM BROKERS LIKE HOTFOREX LIVE IN AN ILLUSION THAT CLIENTS COMPLAINING WILL GIVE UP ON THE MONEY HOTFOREX SCAMMMED AFTER SOMETIME.

I TELL ALL SCAMMERS LIKE HOTFOREX, AS LONG AS I'M ALIVE AS LONG AS PEOPLE WILL ALWAYS BE REMINDED OF HOTFOREX SCAM

IF NOT PAID MY MONEY, THERE ARE MANY OTHER WAYS TO "KNEEL" HOTFOREX AND STOP THE SCAM HOTFOREX FROM SCAMMING MORE CLIENTS.

FROM NOW ON, NO NEW CLIENTS NO DEPOSITS, CLIENTS MONEY WILL BE WITHDRAWN FROM SCAMMER HOTFOREX

ED,

Your post show how ignorant and naive you are. Sad case to you but your post doesnt help and make yourself looks dumb.
You should read thru the bonus offering t&c before you dealing with it. I did fall into that trap before and so on as a IB i recommend my people choose no bonus,
rather than 100%bonus or 30%bonus. That bonus is just a trap to leverage up your margin.

By the way, why not an account cant run in negative balance or negative margin?
If u do go through the CHF storm on January2015, then u would know how an account can be in negative but yet still running.
I doubt that do you know the CHF case. If you understand, i think you wont be showing your stupidity here.

Can reply to the dude without going personal against him with words that speaks loudly about your morals!!

Can someone be practical and reply with logic, unless there are many spammers

Sorry to quote you after a long time but being new to FX I wanted to clear one thing about HotForex.

You said they are not regulated but on their website they have many regulatory bodies. Isn't it true?

They're regulated by Cyprus CySec and Mauritius FSC, FCA (UK) authorized.
Here's what I find on CySec website http://www.cysec.gov.cy/en-GB/entiti...cypriot/37662/

can you please provide any evidences? I see many !!!, caps, negative, but where are screenshoots of your talking with broker's managers, or pics of your trading platform? Also I recommend you if you close your deal, and have any doubts with something, you may record it on camera

Thank you.

Everybody know that Cysec regulation among the other unknown regulators hotforex using are all useless, they never helped clients to get money back.

The broker that can't get FCA, NFA, FINMA, or CFTC regulators license, then it is a scam broker like hotforex since hotforex can not apply the laws of top regulators mentioned above.

I think that hotforex deceived the OP, who went off track here, did not know how to make his case reach better to the public here, and wasted time replying to others instead of just focusing at his case and showing how hotforex scammed him.

Exactly, Dukascopy is on top list of good brokers.

Can't understand why traders go to scam brokers like hotforex scamming traders instead of better regulated brokers.

Without any second thought, Duksacopy is one of the best broker in the market. However, they doesn't provide funding option via e-wallets due to which many traders who solely rely on e-wallet funding can't trade with them and have to look for alternatives.

I dont get it, are they scam cause they steal people's money, or because they refuse to share their liquidity providers?

"Okay, so you have waited long enough, you want to know the tip to know if you using a true STP, well it is quite simple, jump on your MT4 platform and go to place an order, does not have to be a live account can be a demo account as well. Then when going to place an order to buy or sell check to see if it allows you to place your stop loss or take profit just a few pips away from entry ( say around 3 to 4 pips away from open price ). If you get a error saying you cannot place stop loss or take profit so close to current market or something similar then that implies some manipulation like a dealing desk on your broker. You see as described by the rep of a non dealing desk STP type broker said to me, a true STP allows a trader to places stop on entry very close and a true STP allows a trader to place a take profit really close as well. There is no reason to control this aspect and if there is an issue of control then that is something to be questioned."

Came across the above statement and kind of might be helpful on this thread.

Been only a newbie at FX Trading, something really looks fishy with this HOTFOREX. I tend to mostly get this error of ` my open price should be at least 20/50 pips away` and upon further research of true STP brokers online; I am almost convinced that HOTFOREX does some kind of desk dealing.

Anyone who can direct me to best STP brokers they know of???

Your help is appreciated in advance.

I geuss your best option is simply take 5-7 brokers well known ones with good rep and do a comparison till u find which one fits your requirements, atleast that way we traders have the power to choose. good luck