How much virtual money does HotForex offer in their demo accounts? I am looking for a broker with the best features on their demo accounts. I need it to help me backtest my strategies. I would suggest that other new traders do the same things. Rather than spending your money in the market without preparations, it is better to learn about the markets using demo accounts.
I'm a new trader, so I don’t have a lot of expectation. But they are really good broker so far.
Satisfied with Hotforex trading condition.
Sometimes lagged on their server so open position or close position are not spot on.
Hotforex offers good spread and executions. Just two things important for trader like me.
I saw news about Hotforex will become HFM. Let's see what hotforex will be next.
Awesome customer support. They will help you through your problem with registration.
I have been trading for quite a long time and I have my fair share of brokers to try before. So far, only HotForex manage to fulfill my expectations. To start with, they have a reasonably low spread even when the volatility is extra high. Hotforex has superb customer service and their response lead time is pretty short, usually within 24 hours (during weekdays). This is no surprise considering they are regulated by different tiers of authorities in different countries. The best part is that they offer different bonuses and promotions from time to time, including loyalty programs.
A great broker to start forex trading if you ask me. Creating an account is super easy, I downloaded the MT4 and in almost no time I was able to start practicing on a demo account. Remember I am a newbie so I tested for 2-3 days on a demo account and watched a few webinars from the ones they offer. This surprised me but their webinars are pretty good and I suggest you check them out. Support is very helpful but in all honestly, I only had to use them once during my account approval since they requested some additional documents.
I just starts trading with HotForex, although I haven't spent too much money yet as I'm just barely started trying forex trading. But, I have to say that I'm quite satisfied, I found them really quick. Basically, everything feels instant here from deposits, trading, and even withdrawal. Although I think the market is quite challenging as it is. Having a good broker really helps ease the burden.
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