HotForex feedbacks!

garena

Master Trader
Jan 28, 2014
243
5
54
myfx - here you can find more information about this platform. Btw hotforex is one of the exclusive brokers seems there is something interesting to offer traders

Actually there are multiple brokers support MYFX Platform, seems it's a paid-per-person platform so most broker don't provide it for free.
 

jellyeb

Active Trader
Jun 10, 2015
248
11
29
Oh I see. So will be building my deposit to 2K to test this feature. I just get used to trade with 500$ and withdraw profit, seems safer to me than increase deposit.
 

inggo

Banned
Jan 13, 2012
498
12
59
Philippinese
yeah if you put it in that context i guess yes its doable, though to be honest im more of a comfort zone type of trader, i just got used to mt4 and basic regular trading it prevents me from trying tnew things, though im still keeping an option open :)
 

jellyeb

Active Trader
Jun 10, 2015
248
11
29
Oh I see. Btw which type of account are you using with them? premium? what about fixed spread, have you tried it?
 

garena

Master Trader
Jan 28, 2014
243
5
54
Oh I see. So will be building my deposit to 2K to test this feature. I just get used to trade with 500$ and withdraw profit, seems safer to me than increase deposit.

I am waiting it. Also if you can run EA on it.
 

inggo

Banned
Jan 13, 2012
498
12
59
Philippinese
I have a Premium account, regular account u can say, I have no experience with EAs but yes its possible to run an EA on it, but be wary most broker wont allow arbitrage.. best of luck
 

mmpq

Active Trader
Oct 2, 2012
11
0
42
Have you been trading with them from since their inception. Quite a long time... I'm only from 2013 with them..
No doubt some, one of my favorites, do not practice the lower commissions, but compete fairly.
 

jellyeb

Active Trader
Jun 10, 2015
248
11
29
No doubt some, one of my favorites, do not practice the lower commissions, but compete fairly.
Glad to know there are so many traders trading with this broker. Now feel safe to deal with them. Btw guys which account do you use with Hotforex?
 

garena

Master Trader
Jan 28, 2014
243
5
54
Normally a broker allows only 1 Personal Information/account, and you can open multiple various accounts. I tried many brokers and this principle is same.
 

jellyeb

Active Trader
Jun 10, 2015
248
11
29
Yeah correct. But i think we doesn't need other options, it violates rules in any business to operate under different individuals, if you of course don't have their consent to run their account.
Normally a broker allows only 1 Personal Information/account, and you can open multiple various accounts. I tried many brokers and this principle is same.
 

garena

Master Trader
Jan 28, 2014
243
5
54
Another way to resolve it is using your wife credenticals. Of course the name of bank or e-wallet account must be match with the name of trading account for withdrawals.
 

inggo

Banned
Jan 13, 2012
498
12
59
Philippinese
mind you people should be warry that some brokers do not allow having multiple accounts from one IP address or from the same house hold, so better read the ToS thoroughly :)
 

jellyeb

Active Trader
Jun 10, 2015
248
11
29
mind you people should be warry that some brokers do not allow having multiple accounts from one IP address or from the same house hold, so better read the ToS thoroughly :)

Of course when it related to our trading capital and investments we should read every line of ToS before investing anywhere. Same when dealing with broker. But actually if you inform support about "family trading" I think they can allow you to trade several account under same IP (it can be your wife and you for example)
 

f4forex

Active Trader
Oct 8, 2015
231
2
29
42
I guess it is better to check from their customer support and they will surely sort this issue of family trading.
 

jellyeb

Active Trader
Jun 10, 2015
248
11
29
I guess it is better to check from their customer support and they will surely sort this issue of family trading.
Of course such questions should be resolved only with support, because you may get suspected in violation of their trading rules, especially trading from one IP address.
 

inggo

Banned
Jan 13, 2012
498
12
59
Philippinese
yeah exactly, its a complicated thing, this family trading, i think its not allowed even if the PCs are different, sharing the same connection, that can serve as a violation, so better be sure about them first.
 

jellyeb

Active Trader
Jun 10, 2015
248
11
29
Hey guys have you opened any big shorts ahead of Brexit? IMO, GBP/USD should break 1.40 ahead of the referendum. What do you think?