binaryowner

Trade cryptos with Hotforex and Tickmill, no complaints so far. Despite issues with stabilities and volatility on crypto market these two brokers provide decent trading conditions comparing to other brokers which aim only to protect themselves from market risk, charging high spreads and uncontrollable slippage. 

Anybody tried to catch market moves with this broker after NFP or other major news? Does spread and slippage leave you some profit? How consistent are trading conditions? 

Do you also offer webinars in other languages like Malay? My friends have troubles with learning in english, the process could be much faster if it's taught in their local language.

Guys please share your advice how newbies can avoid trading with scam brokers? How to tell apart bad broker from good one? Is there universal criteria applied for all?

Ps. My broker is Hotforex

On 15 февраля 2018 г. at 6:28 AM, diablo88 said:

How is this service different with other signal services as MQL5 or Zulutrade?

I think there is additional level of security and strict requirement to signal providers as no third party is involved in the service. Just my two cents. 

Waiting for Bitcoin to break it old records. It will certainly exceed its past values, just fears need to go away before Wall Street and all other world will believe in it. 

I have tested a great deal of free and paid trading strategies and come to conclusion that if you forget about risks associated with your strategy calculating profit is useless. Because in every strategy you have to estimate R/R ratio and expected volatility of returns rather than potential profit. This is the principle I stick to trading on my Tickmill and Hotforex accounts. 

18 hours ago, Joy Bahadur said:

I have seen many of us consider demo trading as dull. But for me not that dull at all, actually it is totally different , live account is the real market and many financial things affected the market , and it is different with demo account which is positioned as the “perfect market “ by the broker that we use, so that is why that market is good for newbie who want to trade as the place to learn only and make theirselves more familiar with the platforms.

Yeah trading demo account may be boring but you need to spend enough time learning functionality and trading basics. Then you can start with low deposit on live account. 

Demo account is vital for new traders. But you have to require a regular broker whose demo price is especially organized with live market. I started my trading with Hotforex in their demo platform which works exceptionally well and synchronized to the live market prices. By then I moved myself to their live account.

I prefer to use trading services from trusted broker Hotforex it allows to run profitable strategies and there is no conflict of interest with it because it runs purely STP model 

On 8 января 2018 г. at 9:23 AM, usok said:

i guess it is or through email. not sure if can be done through the site, i mean i rarely keep it open :)

yeah maybe not on email but directly to trading platform? I think Hotforex has this option. 

On 12 января 2018 г. at 1:28 PM, Bill Lawry said:

Winning and losing are part of forex business. These two things are almost certain in this market. If you don’t even have any idea about this market you can still make profit from it. But the fact is about making profit consistently. For that you need some elements which will help you to do it. And good broker support is one of them. I get that from my broker AAFX. It allows me to trade in this market with any types of trading style.

I don't like this broker because of their aggressive marketing, prefer to trade with Hotforex which enjoys solid and undisputed reputation and doesn't need to attract clients in ridiculous ways

On 4 января 2018 г. at 5:47 PM, Mehraj Hossain said:

Volatility is a statistical measure of the dispersion of returns for a given security or market index. Volatility can either be measured by using the standard deviation or variance between returns from that same security or market index. Commonly, the higher the volatility, the riskier the security. But with Trade12 I face no technical problems like dealing desk, reqoutes and slippage when volatility is available in market.

 

Yes you are right variance is a direct measure of risk and diversification is a best way to diminish them to 0. But it essentially means your profit with also shrink to zero that's why I take some risk using leverage on my Hotforex platform. 

3 hours ago, Joy Bahadur said:

 

Yes but in my view better to trade with regulated and trusted brokers like Hotforex rather than choosing new names in the industry, because they have to earn reputation first. 

I would like to know if anybody tried to play in Hotforex demo trading race? Tell me about your experience please

I use 1:100 leverage on my Hotforex trading platform and recommend traders to not exceed this value because it can be dangerous 

How can I subscribe to your analysis via newsletter? Is it possible to set up through personal area?

On 18 декабря 2017 г. at 6:02 PM, diablo88 said:

Are those tools available for Mini-account trader?

Yes members with any account can have access to those features. A very generous gesture from Hotforex, isn't it.

Using leverage is associated with high level of risk, I would say difficulty of managing your positions especially when volatility is high. If you want to ensure highest level of protection for your trading keep leverage as low as possible and don't even think about trading without stop loss or entering long-term trading discounting the idea that price can move against you. It proved to be a killing shot for novice traders who want to turn 100K from $1000

I really don't believe nobody tried this broker? Guys I'm desperate for your feedback because I'm going to deposit serious money there. 

You can't avoid risk you can simply reduce it but the profit will be also cut and finding fine balance is our main goal. 

Anybody tried to withdraw profit to BTC from Hotforex? Want to know how it works and is it safe to deposit via cards and withdraw on btc?

Thanks for letting us know, your webinars are really interesting and useful

Anybody traded with this broker? What can you say about them?