Hot forex real account

Forex trading, also called currency or FX trading , involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

Benefits of the HotForex demo account

As with currency exchange markets, commodity markets offer different investment opportunities for traders. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of inflation or economic uncertainty. Equity or stock indices are actual stock market indexes that measure the value of a specific section of a stock market.

They can represent a specific set of the largest companies of a nation or they can represent a specific stock market. The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods. The high volatility of energy prices due to political and environmental factors, supply and demand, extreme weather conditions, and global economic growth is a typical feature of this product, making it another popular trading choice.

Bitcoin BTC is the digital currency with the largest market capitalization and price levels since its inception in Litecoin LTC is similar to Bitcoin but differs in terms of scalability. Ripple RPL is popular among big banks with the Ripple network a next-generation real-time gross settlement system.

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It allows instant cross-border fund transactions at very low costs. Ethereum ETH is the second-largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform. Bitcoin Cash BCH was created by the Bitcoin hard fork in as a new version of the blockchain with different rules. One of the first things a potential trader needs to establish is whether a broker like HotForex is safe to trade with.

One of the surest benchmarks to measure the safety of a brokerage is to establish which regulating authorities are watchdogs over its actions. Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it. HotForex provides support in 27 languages. The broker can be phoned, emailed, or reached via live chat. Potential traders should always do as much possible research about speculative trading before commencing to do it. Trading with confidence and success relies heavily on knowledge and understanding of the markets, therefore research options offered by brokers form an integral part its features when choosing the right company to trade with.

Before starting to trade, potential clients of HotForex should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading. Therefore they offer several Live Webinars, Video Tutorials, Daily Analysis, and Market Outlooks along with News Feeds to assist new traders with everything they need to become better traders. HotForex is a company worth to be tried out by potential traders, knowing that it is a global brokerage company with a well-established customer-oriented operation that provides a secure, well-regulated trading environment.

HotForex is continuously establishing its position as a market leader and offers great trading conditions and competitive advantages to all its clients. You might also like: HotForex Fees and Spreads. You might also like: HotForex Minimum Deposit. You might also like: HotForex Sign up Bonus. Higher leverage ratios like , , or even are offered through HotForex offshore entities.

HotForex offers variable spreads on its various accounts. If details on the website are not comprehensive, more information can be obtained from the customer support service.

The same method as used to fund an account must usually be used to withdraw money and monies will be only refunded to accounts in the same name as the trading account. Withdrawals by means of certain methods may be processed within a day but depending on bank services it may take several days for the money to be available. HotForex warns all potential traders that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors. Before clients decide to trade the products offered by HotForex, they are advised to carefully contemplate their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

While HotForex usually makes all efforts to fill a trade at the price requested, trading on-line does not necessarily reduce risks associated with currency trading, therefore quotes and trades are usually subject to the terms and conditions of a Client Agreement. Potential traders should first acquaint themselves with all the risks associated with trading on margin and seek advice from an independent financial advisor if they have any doubts.

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First Name. Luckily i made some pips on gold in my first trade which make me kinda greedy. It was a micro account but i was not aware of the market conditions and when i shorted with all of the leverage it shocked me because most of my account balance was in negative within the next two hours. Before getting wiped out i waited for some more time talking to others who referred me trading business but none of them came rescuing me or advising anything. So i took the loss and closed the trades immediately. It was a real disappointment but it was also a turning point for me to decide either learning from the said mistake or just leave trading and withdraw remaining fund back.

There were around usd remaining in my account so i transferred them back into my main hf wallet. I then went to demo trading with a decision to start learning this trading and took it as my career. Although that was hard track yet i opened a new demo account for learning. Many demo accounts were blown but it enhanced my patience and i after spending more than one year learned the trading mechanism. I did not trade whole day sitting on computer.

I have pips plan ahead of my trading month which i strictly follow. I do not chase the prices and wait for the sweet spots to occur. While everyone in my friends were shorting the gold a few days ago i was the only one among them profiting by making long. The things i like the most about hotforex is that it allows convenient trading maybe because of the userfriendly MT4. All i have to put the orders, stop losses and take profits now and believe me i hardly regreted because most of the orders are met accordingly. When I started trading with them few months ago, everything seemed to be fine.

I was doing news trading and started to be successful. But now execution speed dropped so much that I can't do it anymore. I guess they delay my orders I have trying to make withdrawal money but they are pleased me to contact support and they are telling me that I need to upload my passport and wait for confirm. Withdrawal is to complicate. I had recently opened live account with hotforex. Previously i was prcticing the demo trading which gave me some confidence going to trade live. Therefore i opened the live micro account in July and since I have been trading this live account.

The leverage is quite reasonable to push account profits.

I am trading micro lot every day and my only objective is to remain on breakeven if the profit target is not hit. The execution is easy and stop loss is always triggered on a bad day. I did two or three withdrawals which were processed easily, now i am not going to withdraw and built this account into a big one.

This is my target and i believe that i can be able to achieve this easily. To submit your own Forex Broker review for HotForex fill the form below. Your review will be checked by a moderator and published on this page. By submitting a Forex Broker review to EarnForex. Make sure that you are entering a valid email address. A confirmation link will be sent to this email. Reviews posted from a disposable e-mail address e.

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