HotForex definitely has its own peculiarities which seem to me interesting. Several account types is something that I like, and truthfully, I choose brokers according to this parameter.
Trading here is an ordinary one. Open position, wait for breaking the level of support/resistance, receive profits. Or, open position, fail in analysis and lose money. Classics. Everything works properly, sometimes, I faced requotes, but it's kinda rare.

I trade on a Micro account. I trade aggressively. This account offers the highest leverage size, namely 1:1000. So, I can open more trades at the cost of decreased margin.

Trading system based on price action and breakout strategy. Proper Risk to reward ratio with good Risk Management. Goal is to grow the account and make profit consistently.

Min drawdown as every trade with SL placed. Max risk per trade is 2% depends on market volatility

Hot Forex PAMM Manager : Nascap_FX

<iframe width='985' height='2120' scrolling='no' frameborder='0' src='https://charts.hotforex.com/pamm_managerdetails.php?managerHash=89ede6197df1fed64da9a560bf19bead'></iframe>

Min Investment : USD 250
Success fee : 15%
Penalty fee : 3%
Trading Period : 1 month

Hi guys,

I understand they are discontinuing the PAMM service at the end of this months for the citizens of the European unity. Is it somehow possible to contact a given trader, which is offering PAMM? Thank you

clte posted:
Is there a way of listing all of the PAMMs that are run in HotForex in chart format under MyFXBook? Since it's impossible to see the equity curve in HotForex itself. I want to see the equity curves in MyFXBook.

Hi,

they will not allow myfxbook format - as they would loose most of their PAMM clients :-)

I am one of their PAMM managers - and have no issues showing my PAMM on Myfxbook :-)

https://www.myfxbook.com/members/marek100/fxdream/1646367

Is there a way of listing all of the PAMMs that are run in HotForex in chart format under MyFXBook? Since it's impossible to see the equity curve in HotForex itself. I want to see the equity curves in MyFXBook.

vagroupfundcom posted:
Who will call finance related company 'hot'? 😁

Until the date and since 2010 exemplary behaves this broker.

Connann posted:
Hi,
I have PAMM account with HotForex since 7 months and I am very satisfied with them so far.

will2000 posted:
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.

What about the PAMM V2 they are offering? How safe the rating of manager there? Any suggestions?

Was a customer till today..Customer Service sucks...Profitability is so-so and Platform is below par...

PirFX posted:
I'm a bit suspicious here seeing all these great scores... I've seen their platform, and I just don't think it's even close to a score of 8. I tried to find a good manager there, but their manager listings give you very little help in this. The list is ordered by the total gain percent so far, but you can't see the timeframe. 1 week? 1 year? They also show the daily average gain, where to timeframe is probably the last month (but couldn't make sure), which is comparable, but you can't sort on this, nor can you sort or filter on any criteria. If you click on a manager, you will see detailed info, but I don't want to click on 500 names. If I missed some menus or links where I can access some more sophisticated lists, that info would be welcome.

The profitability and customer service points are also above 9, this also looks unreal, everybody made huge profit there, and had no problem with customer service? Hmm....

PS: I didn't rate them, as I'm not their customer.

viratfx posted:
a manager cannot communicate directly with his investors and vice versa. Whenever I receive a message from investors it comes via the hotforex pamm department

and what if I invest and then have some questions to discuss with my manager. I don't get it. Why can't I contact him?

Thepammaccount posted:
Hello

We are manage Pamm account for the Hotforex customers.

We are in the top 10 in the best result there (More then 200% in verify account in few months).

They have a easy to use system and they pay us our commission automatically.

They have a very good service.

If you ave any questions you can contact me.

i am interested.....howb do we do this

a manager cannot communicate directly with his investors and vice versa. Whenever I receive a message from investors it comes via the hotforex pamm department

I manage a PAMM account at HotForex, so far they are good in general. The only downside on their PAMM platform is communication between investor and manager. Bummer. But everything else are just fine.

EAFXProfit posted:
om many padme hoom)

thx

byt i talk with peple they told me that spread is not funny there

I didn't understand a single word you just wrote! 😎

Hello

We are manage Pamm account for the Hotforex customers.

We are in the top 10 in the best result there (More then 200% in verify account in few months).

They have a easy to use system and they pay us our commission automatically.

They have a very good service.

If you ave any questions you can contact me.

maybe...i really do not day trade..so i dont know

PS: om mani padme hum is buddhist not hindu

om many padme hoom)

thx

byt i talk with peple they told me that spread is not funny there

rollover*