With popularity of FX trading moving higher, the demand for the services of the dealing desks and brokerage companies grows subsequently. Thus, the question of making the right choice of a broker constantly remains on the agenda.
In most cases difficulties are experienced by the forex beginners who are unaware of some aspects of the broker's trading operations, therefore new clients tend to seek help from mature fellow traders. We provide an opportunity of getting acknowledged with professionals' viewpoints and learning about their experience of trading with many various brokers.
Of course, it is not wise to make a final choice of a forex broker based just on other's opinions; however, comments and reviews about HotForex shed some light on how responsible the brokerage company is, and what is the level of the services offered. When making a choice you may seriously take into consideration the amount of happy or unhappy comments about the broker that you have looked through.
Reviews about HotForex that are presented in this section may be of different kind: positive, negative, or neutral. All of them have been checked by our moderators for objectivity, but responsibility for their content remains completely with their authors.
We recommend that forex 'freshmen' read all the reviews carefully before making a final decision about a broker to open an account with.
I am investing into PAMM on this broker. Such a reputable FCA broker and good service with hundreds PAMM accounts for investment consideration.
Jack 1 January, 2021 Reply
On the matter of PAMM accounts, I think the PAMM Managers build investors' accounts only to deliberately make bad trades without stops and the investors end up loosing a lot. I have seen a PAMM Manager loose about $200000 in two days. The shocking thing is he kept placing one loosing trade after another and only stopped after the accounts were almost wiped out. The brokers defense is that the traders are independent and we investors are aware of the risks. But I think this is an arrangement with the Managers.
Wachu 25 January, 2021