I am trying to decide which broker to use, 1LotStp or Hotforex
- Thread starter AlyssaIvey05
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if You want good execution ---> find good ECN broker that operate in Your country. Dont waste time to marketmaker's broker who gain if You lose --> it is pure conflict of interest !
I come from indonisia, honestly local forex brokers here are really bad,so i also joined hotforex onlin, so far its ok with no problems, not like local brokers here they are crooks
For me choosing a broker to trade with i would look for:
1. He must be able to trade with Fair conditions and given support when required.
2. He must be able to withdraw his funds when he wants.
3. Get a choice of trading accounts to deal with.
4. Support in the form of Forex forums so that he is able to Interact with fellow traders and get useful Insights.
5. Safety of Invested Funds.
I am Glad to have found all with MAYZUS Investment Company
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MAYZUS is the Re-branding of United World Capital (UWCFX). They are highly reputed Forex broker with a huge and satisfied customer base
I have been trading with them since 3 years now
Hotforex?
I have had a account with Hotforex for some time a few time lately I have had problems,one time I closed a 20 pips profit to find a 10 pip loss, and when I was 75 pips in front I went to close and the button didn't work,when I phoned help desk to close the trade for me I lost 40 pips, they said the problem was my end,I cant see that at all, as I have a computer only for trading forex it lasted for three days,now everything work fine.
I have had a account with Hotforex for some time a few time lately I have had problems,one time I closed a 20 pips profit to find a 10 pip loss, and when I was 75 pips in front I went to close and the button didn't work,when I phoned help desk to close the trade for me I lost 40 pips, they said the problem was my end,I cant see that at all, as I have a computer only for trading forex it lasted for three days,now everything work fine.
As I said before, I`m trading with Hoforex almost from lat 2 years, and no problem with them yet, they are good and I heard that they won recently one awards, I am not sure but its Best Forex Brokers (not sure).
My broker
Some months ago i was with almost same question mark about which broker to open an account. I tried belforfx and they have been great, they offered me free education and good customer service. Try if you want....
Some months ago i was with almost same question mark about which broker to open an account. I tried belforfx and they have been great, they offered me free education and good customer service. Try if you want....
its a long discussion topic which need to discuss with expert with this domain ,but I would recommend Trader's Way and FXCM
All your advice was great because i went with the majority who said 1lotstp and I have been with them a few months now. I just want to update everyone that it is going fine there. I haven't experienced any problems. Trade server is always up and my trades process pretty smoothly. I think they could improve on a few matters but where it counts everything is smooth. Speed of trades, spreads, fast to withdraw are most important and they are fine with them. Live support could be a bit better but when i use their ticket system i can reach their top support team and get 100% satisfactory answers. Always ask for Alex there when you need something important or a bonus. If you talk to Jason, he seems to not know as much.
Just try to follow my couple of suggestions over here :
1. First of all, do your research. The more you would do the better result you would get.
2. Compare those two brokers.
3. Lastly, open a demo account and ask a question.
Actually to know how good/bad a broker is, we have to open a live account. Demo is not enough.
