I have had a very bad experience ,I invested with two of there top rated pamm managers and all was well for a week then both accounts blown in a couple of days .I lost thousands in a couple of days with little warning.My advice join pamm accounts where you can start with a very little amount and if it does do well you can add later.Hotforex has good customer service but offer no protection against reckless pamm managers.
I just had a heated argument with my account manager about the PAMM system. I don't use PAMM yet but I found the statistics displayed on the website very misleading - bordering on criminal in my opinion. There is no equity curve displayed only a 'profit' curve based off closed positions only. As PirFX mentioned you can see the floating profit/loss but to most investors who have never traded before its an insignificant stat.
What traders do is hold onto losing trades but continually bank the winners. This creates good looking stats. 95% winrate, gain of 1000% etc but if you look closely you will see the managers have a floating loss equal to their profit!! They are 'lying' with statistics.
Always look at equity as an indication of their skill.
That said, I am a happy customer of Hotforex and I only wish they rectify this soon.