brownie

There are not too many brokers can offer 100% bonus but I knot it's difficult to keep offering a great thing like this.

I noticed hotforex of this at least twice in the latest 6 months, it's encouraging and very good chance to deposit.

is this the same as the new year bonus? :D I think thats good news, will go ahead and check it out :) thanks for the update

this is a new one. such promo is very good and won't be a long offer

I'd been trading hotforex for more than one year, I am pretty satisfied with them and I'd not worry about the stability more after leaving my previous brokers.

We can see such questions commonly asked, esp from newbie traders.

There are many Good brokers out there, while much more bad ones.

Simple rules are to avoid tiny ones without reputation, or those with many negative comments.

Then Prioritize your needs to find the most suitable one for yourself.

I chose hotforex and stay with them since I'd not had big issues for at least 2 years due to the stability and I feel safe with them in my trading life.

It seems it's seperate system from the exsiting old one.

I tried and opened a new trading account here and the design looks really modern and the most attractive feature for me is the instant transfer of the wallet.

Hi, friends, I come from China and had been trading forex for several years. glad to be here and would like to make some friends here.

The main advantage of Forex market is the volatility. When you trade exotic pairs you loose a lot of it.

My point is also that we should focus on the most familiar things.

It took me quite a long time to choose my broker. Few things that I look into:

 

1. fast execution, minimum or no slippage

2. reliable support team

3. minimum deposit (as I'm a small trader)

4. the presence of the broker in my country

5. social media presence (with no rubbish posts like stack of cash or money signs all over the Facebook page!)

6. most importantly it doesn't trade against you! (must be STP broker)

 

These are just a few points that are important to me. There could be more things that you want to consider. Hence, I chose Fxprimus. I think they have what other brokers don't offer - educational approach, something like Babypis. You don't want a broker that can't wait to make you spend on them, you want a broker that spend their time and effort on you first before you are ready to start trading.

It's true, Customer support is a key factor to consider

Yeah, but the most important thing is we get experience in trading and we can learn from it..

Yes, I am not against if you are a newbie in the market. I just want to notice those traders in the market for several years to be more mature.

sufficient fund is necessary for a stable income, a reasonable profit target shall be set. a good broker do not guarantee your profitability.

I used this brokers couple months ago. I really liked the spreads on currencies I usually traded.

So I think you are still using hotforex, correct?

HI, Tom, welcome to the forum, How long have you been trading forex?

I come from China, mainly trading GBPUSD and EURUSD. how about you?

I value stability and customer service as the most important factors, that's why I stay with hotforex after many comparisons.

however, I am still open to see whether there are good choices too. it really needs time to test.

the truth is alot of brokers widen the spreads for exotics due to the lack of liquidity. therefore alot of retail traders do not find it worthwhile to trade exotics. also such pairs are not as volatile sometimes can just get stuck in a tight range for weeks.

Choosing mainstream pairs is always not a bad idea. you will have sufficient information to work on.