pandabox

Hey guys,

 

I wanted to play big on Brexit event, but seems to degree of risk was too high that my broker (hotforex) lowered leverage to protect clients from excessive losses because of possible volatility and abnormal market behavior. Did your broker make same adjustments in their risk profile?

Yes, many brokers adjusted the leverage to ensure the liquidity and prevent errors from trading for their clients (traders). 

As a newie, i am looking for a new broker for my account. There are so many brokers in market but choosing one very difficult for me. So what i want to know about this broker is, how the trade execution works, also want to know Payment processor system of the broker. Any help, thanks

Regarding payment, I have withdrawn 1 time and the broker process your withdrawal within 1 day. Prompt and reliable.

What are those links stand for? 

Maybe the mother and the son have separately policies so many countries and their banks do not accept Neteller. 

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;

I also have heard some good reviews about neteller but it is not available for my region so i prefer skrill for smooth transactions. I noticed this broker have many other payment methods too.

Sounds strange because Neteller just bought Skrill and it should help Neller enter currenly restricted countries.

Is there any broker here offering Gold low spread ? If there is, please indicate your exact spread.

you can look into brokers spreads and simply compare your favorite pair,you can check the spreads of hotforex at https://www.hotforex.com/hf/en/trading-products/spreads.html

It's the spread table of Currenex only? How's about other account type spread?

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. 

Do you have a formation of charging money or 2% receiving fixed fee?

But it still charges a small fee for ATM withdrawal, doesn't it? I only use Mastercard and the fee is almost zero (5 cent) per withdrawal.

Skrill dont accept all the country as we all know they make selection of country that is why I dont like them I think that perfectmoney and okpay is ok if I see broker that have this payment gateway I will surely add him to my list

what? Skrill don't accept all country??? I see Skrill is much more popular as Paypal. Only the not popular name restrict many countries as Neteller or Payoneer.

Anyone tell me exactly how much fee to receive money (withdraw from a broker as hotforex) and withdraw direct to our bank account?

Check the website plz, they stated it on the website and the ladder level is not hard to achieve if  you trading consistently.

I thought yes, any big payment processor has debit card, it's a popular thing. I think maybe next year LMFX would launch up their debit card as many brokers do.

Indeed, totally agree with your point and most forex brokers as my broker hotforex is providing both floating and fixed spread accounts that could be suitable for most traders.

ill be having another withdrawal within the week its pure profit, ill keep updates, im using skrill as well.. 

I prefer Neteller withdrawal testing, Skrill is still a good payment processor, I withdrew last week by Skrill and everything was smooth and fast. You need to implement an internal transfer before withdrawal.

I am using Skrill for HotForex withdrawal for 2 years. It's the best payment processor. but now it begin turning into worse.

Here is a good link to refer the top brokers, I do agree with all except Insta Forex.

http://www.topforexbrokerscomparison.com/top5forexbrokers.html

They have a Wallet system and you transfer the amount you want to withdraw to your wallet, then you can withdraw the fund to your preferred payment method. 

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.

I am trading with hotforex for 2 years and testing LMFX and FxPro. 

When you withdraw please put a word here, bigxy. I want to know this broker's withdrawal processed time. 

With large deposit, you should contact the broker first, you can get some benfits with large deposit as vip account or another way to process your deopsit faster.

Anyone here tried LMFX? I notice this broker from a local forum and it has various bonus promotion programs. If a broker provide bonus programs, is it a reliable broker or it means nothing?