Anybody tried Social account from Hotforex?

[binaryowner]

I'm looking for a stable signal provider and find this service from Hotforex https://www.hotforex.com/en/account-types/social-account.html Anybody tried it? What's the signal profitability and any subscription fees there? It appears this account is powered by FxStat, it means I'll get access to their signal providers too?

You're responses will be much appreciated.:)

Edited May 8, 2015 by controlxs

[diablo88]

It's a social network for hotforex trader or all traders (from other brokers)?

[usok]

this is free right?

[Yasser77]

Nothing is free lol You are paying a higher spread so you are basically paying for every signal they give. The more signals they give, the more you pay. The signal provider has an interest to give as many signals as possible, that's I am sure without even looking that most are scalpers because they want to make as much money as they can out of you. Newbies might be fooled by this but not traders like me.

 

If you are truly looking for a signal provider that is not getting paid from your spread and is genuinely looking for your benefits I would recommend ddmarkets. Unlike other monkeys in the signals industry they explain the strategy behind the signal and you can look at every signal they gave going back to 2014. This is their trades performance, decide for yourself. I have been with them for months now.

 

https://www.ddmarkets.com/trades-performance/

[diablo88]

this is free right?

 

Sounds like an account type and it's free to open but requires fund to trade.

[dimas.rangga]

Sounds like an account type and it's free to open but requires fund to trade.

Of course, if you want to make money you have to invest first, except you join affiliate or bonus program. you do not need invest. Here you will get $15 if able to attract just 1 people.

http://www.liteforex.com/contests/partners/

Edited October 1, 2015 by dimas.rangga

[diablo88]

$100 deposit sounds good but the maximum leverage 1:100 won't let us trade big. I prefer PAMM then.

[SBlack]

Why we need a social account if we can just cpoy trades of successful traders via MT4? For example, freshForex allows such a thing.

[usok]

everything has a certain advantage to it, like for example it would be good exchanging opinion with other traders, we all know there are not lots of traders out there like im the only trader in my batch right now, non of my friends actually understand what i do, and its more of an advantage if traders are from the same broker, we can all jump into social media and try copy some one else, but its different if its contained in a closed environment. jsut my two cents