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HotForex Review Scores
HotForex
www.hotforex.com/
Overall Score: 6.4/10
Total Votes: 64
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HotForex Discussion
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johnnykanoo

Member Since Apr 19, 2011  6 posts johnnykanoo May 24 2012 at 20:39
I would like to change my rating. Hot forex sucks! Now that they have given me the boot for being a US citizen I am having a difficult time getting my money! They made me jump through hoops, by first signing a form, than getting a letter from my bank, than faxing my id and now it has been almost 2 weeks and my money has not made it to my bank yet!

Buyer beware there 50% bonus is bull shit too!!! They want to intice you into over leveraging yourself which puts you into a position of poor money management (#1 account killer)

I truly regret ever saying a nice thing about them!

Preserve capital and live to trade another day!
naranjablue

Member Since Apr 04, 2010  10 posts naranjablue May 24 2012 at 21:00
on the website: Hotforex does not accept U.S. clients !!! i have no problems with HF.

http://forex-expert-advisor.biz
fastpipsjpy

Member Since Mar 18, 2010  105 posts Forex Trader 45547 (fastpipsjpy) May 24 2012 at 21:09
Was it your first withdrawal? Sometimes the first withdrawal takes a few days longer to verify things. I really like them and have had good experiences with them. Good luck!

sudip02

Member Since Sep 28, 2011  16 posts PA (sudip02) May 24 2012 at 21:13
they sucks and i am from Bangladesh and same here... they made my withdrawal complicated too...

sudip02

Member Since Sep 28, 2011  16 posts PA (sudip02) May 24 2012 at 21:14

johnnykanoo , ask them u will launch a complain to Forex peace army dot com with the prove u have... then they will process ur withdrawal faster...

johnnykanoo

Member Since Apr 19, 2011  6 posts johnnykanoo May 30 2012 at 06:17
Thanks for the advise. They did make it difficult but now I finally have my funds, so the only thing I can say is I am glad they didn't con me and if I were able to keep them as a broker I would but ow well.

Anyway I did mention forexpeacearmy and than later that day my funds showed up. Maybe a coincidence, maybe not. Also they promised to refund any fees associated with the withdrawl.

Preserve capital and live to trade another day!
mustyfx

Member Since Mar 28, 2012  1 posts Mustapha (mustyfx) Aug 26 2012 at 07:58
Joel posted:
Hi , this broker allows many methods of withdrawal of amount , If we give our trader's user name and password to some one to trade at our account then can he withdraw the amount to his own account of webmoney/alert pay or any other payment method ?

No, he cant because you have toreques withdrawal throgh your email by downloadin the withdrawal form, fill it, scan and send via email. Thanks.

mojehangiri

Member Since Sep 10, 2012  8 posts mojehangiri Sep 14 2012 at 09:20
I like this broker my withdrawal times vary from 2 to 7 working days but never over 7 days, this is using visa card, some people say online payments are quicker

Mo

inferno0270

Member Since Feb 24, 2010  4 posts inferno0270 Sep 27 2012 at 02:02
I like this broker as compared to my previous brokers (fxpro and alpari). No slippage, fast execution, low spread and higher rebates for cashback. Although, withdrawal is not quicker compared to the two brokers i stated.

AndyQuant

Member Since Sep 26, 2012  9 posts AndyQuant Sep 27 2012 at 11:07
I use scalping EAs with them and I'm satifisfyed, I got no requotes and fast execution, only once I experienced a misuse, I couldn't modify a stop loss level since the server was busy, happened in the London session after news, also the 50% bonus it's a bit shady..

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