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Posted

The spread on currrenex is really tight, not sure if it's equal zero spread account but both they have commissions.

 

 

So what's the difference between zero spread and currenex account? Only deposit requirement or what?

  • 2 weeks later...
  • 2 weeks later...
Posted

I am trading Premium account and my style is swinging. I don't scalp but you can contact CS, they could advise you.

 

 

What do you mean under swinging? Holding positions for long-time? What instruments do you find best for your technique?

Thanks.

  • 3 weeks later...
Posted

Swing trading is also a kind of speculative activity in financial market where I guess traders holds the positions for more than one day and they usually use technical analysis instead of looking at fundamental market values.

Posted

Swing trading is also a kind of speculative activity in financial market where I guess traders holds the positions for more than one day and they usually use technical analysis instead of looking at fundamental market values.

 

First part is correct but second is wrong. They rely upon fundamental data, as far-reaching consequences of interest rate decisions, QE, political decisions etc. 

Posted

First part is correct but second is wrong. They rely upon fundamental data, as far-reaching consequences of interest rate decisions, QE, political decisions etc. 

 

Seems like i replace these two terms with each other, thanks for correcting.. i am obliged as without your help i wasn't able to noticed that error.

Posted

What do you mean under swinging? Holding positions for long-time? What instruments do you find best for your technique?

Thanks.

 

 Yes. I meant Swing. Hold positions for days or weeks but rare. But now I cannot afford for that style and back to short trades at hotforex.

Posted

 Yes. I meant Swing. Hold positions for days or weeks but rare. But now I cannot afford for that style and back to short trades at hotforex.

Yeah I'm also quite conservative in the style of trading and currently trade only by scalping. What account of Hotforex do you use for scalping?

Posted
HotForex Launch: Loyalty Rewards.

 

2h2gxl2.jpg

 

Dear Client,

 

Make every trade count by joining HotForex Trading Rewards Loyalty Program!* The more you trade, the more HotForex Bars you’ll earn. Exchange them for CASH or trading services, it’s your choice!

 

There are 4 different reward levels for you to trade your way up to and the more active trading days you accumulate, the more HotForex Bars you’ll earn for each round-turn lot you trade!

 

Start Earning Your Trading Rewards

 

You can claim the following rewards just for trading with HotForex*:

 

Cash Reward

12 Months Subscription to Trading Central

HotForex Debit Card

1 Month Access to Advanced VPS

1 hour private session with a HotForex Market Analyst

3 Month Access to Advanced VPS

Register for the HotForex Trading Rewards Loyalty Program and start earning today!

 

*Terms and Conditions apply

 

If you have any questions, comments or feedback, feel free to get in touch with our dedicated Customer Support Team via myHotForex, live chat.

 

Warm regards,

 

The HotForex Team

  • 3 weeks later...
Posted

They mentioned that all the three prizes will be credited to live accounts, so profits can be withdrawn form the contest prize money.. I guess its better to ask the support team for further clarification.

Posted
HotForex obtains the FSB (South Africa) License


2u89oqa.jpg

 

Dear Clients and Partners,

 

In line with our previous communications relating to the expansion of HotForex, we are excited to announce that in addition to the licenses held under the Financial Services Commission (FSC) , the Financial Service Authority (SVGFSA) and the Cyprus Securities and Exchange Commission (CySEC) license, the HotForex brand is now officially licensed by the Financial Services board (FSB) of South Africa through HF Markets (SA) Ltd.

 

The license is under the name HF Markets SA (PTY) Ltd with license number 46632.

 

This latest addition to the group shows the commitment of HotForex to develop into a truly global and mutli-regulated brand and better serve its partners and clients.

 

This is a new milestone in the steady growth of HotForex, demonstrating the continued success of the Company only made possible by our clients and partners and our relentless efforts to extend the best and safest trading environment to our Clients and Partners around the world.

 

Best Regards,

 

The HotForex Management

Posted

Guys any views on the outcome of Brexit? Should we hedge our positions on risky assets somehow, or just quit and ride out the storm without any open positions??

 

I avoided to trade during Brexit election, and I guessed right, the price of GBP/USD had a large fall. 

Posted

51% voted for UK to leave, now im pretty much out of the EU market, i mean, ima wait for it to unfold, I think the bitcoin went up by 15% if im not mistaken, lets see where it goes from here.. 

  • 2 weeks later...
Posted

Anybody knows if new Hotforex regulator has compensation funds and traders from which countries can claim for this kind of protection? Thanks.

 

You meant Brexit? I think it's impossible, because hotforex warned their client before and adjust the leverage so if you still lose by Brexit, hotforex is not responsible for any loss;

  • 2 weeks later...
Posted

Anybody knows if new Hotforex regulator has compensation funds and traders from which countries can claim for this kind of protection? Thanks.

I haven't heard of any regulators' compensation fund but i found out this hotforex investor fund link which maybe helpful.

 

https://www.hotforex.com/hf/shared/landing-pages/security-of-funds.html

https://static.hotforex.com/assets/common/documents/cysec/Investor_Compensation_Fund.pdf

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