Hot Forex

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Oh...so you use the default they give you of 300:1...and you always test with 5K..when every other mt4 dealer lets you choose...why is HotForex special? give me a reason?

If you run several platforms you got to register EACH TIME on their website now and get the email and then contact a CSR for any changes that are built right into MT4. This is just inconvienient. If they do not have server resources then they should get it!

This does not make sense...if you are used to trading with real dollars at 1K with 500:1 for each platform...They even limit the # of live platform accounts to five.

You should always train your mind with what you trade with live.

IT IS A HUGE DEAL ENOCH

Do you trade enoch? or are you just a poster child for HotForex?

I am going to stick with the dealers here in the USA until the Dodd Frank issue gets clearer to me anyways......

ES


Quote from enochbenjamin:

Doesn't seem like all that big of a deal... Is that a deal breaker for you?

I don't ever change leverage - so it is really not an issue for me.
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i am in......

stopping at the local duty free to pick up an ak-47 and a box of flash bangs when i go to visit.

looks like a dt short trade 2 me.


s


:cool:
 

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I think it's just a default setting for the live account, and you can change it according to your needs by requesting the customer support. I'd opened an account there too, and I asked them to change the leverage, it's quick. don't bother with such questions.


Somebody want higher leverage and some does not, it's just preference.

if the live talk is busy, just send an email. actually i don't like live talk much.
 
Tough? hmmmm....This indicates they have a dealing desk. Can you elaborate on what you mean by tough? Tough for who? Isn't it simply to feed the prices from the banks to their MT4 and make their spread, eventhough it wider and sporadic at the end of the year? By the way how can they trade straight through when they allow 0.01 lotsize? Just curious.

ES


Quote from adel16:

Hi there ... I think the last week has been tough because of the low liquidity .. you know at the end of the year can spreads go so crazy and market moves slowly.
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Quote from ElectricSavant:

One change that was made at HotForex last week is quite troublesome.

When you download an MT4 Demo account you must contact a live representative in their online chat to specify your start balance and change the leverage...if you do not...you get 5K and 300:1. You get your account # and password by email.

Every other MT4 dealer lets the user choose without this extra step...why does HotForex need to be different? It is very inconvenient to have to contact a live rep to get this changed each time I want to download a platform and test a system.

I am sure that their live chat is very busy.

ES
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I opened a demo account with them today and was able the input the amount and leverage when opening mt4. Looks like they may have addressed your problem.
 
I Think its good broker but not the best and their platform are not really comfortable for me like other brokers such as forexcontrol , other broker also provide 24/7 support . but they are not .
 
Hotforex are using MT4, MT4 is the most popular and used platform in the world. and they are 24/5 livechat. There is billing support on weekend, WHO CAN HELP YOU WITH EVERYTHING? THERE IS NO EXECUTION DEPARTMENT, AND MANAGEMENT ON THE WEEKEND. BUT BILLING WILL HELP YOU.
 
Do you allow scalping and hedging? Do you have trading context for 1 day period? At what gmt market closed on friday and at what gmt market open on monday morning in Hotforex?
 
Scalping and hedging is allowed with hotforex, Im bad in math but I think they open and close at GMT+3 when DTS applies, if not then its GMT +2. I hope i got it right, but better yet you can contact their support just to be sure if there is other inquiries.
 
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