bigxy

I noticed they sent an email regarding the importance of margin and leverage during the market movement in US Elections, however i haven't traded through out this election week as i wasn't that much sure of the market.

I guess mentoring is necessary for the starters as learning is important in forex trading, moreover trading also requires practice so in order to become an experienced trader we should trade demo accounts too while learning forex trading.

that is why it is very important for newbies to always learn how to trade on demo accoun,because that is where you will try the articles point that you can be using on your trading and many more to.

Newbie traders should trade demo accounts with patience as it could be their greatest tool to become successful in future, practicing can bring them more experience which is helpful to earn money through forex trading.

We should be carefull when choosing leverage to trade in forex. We should understand that if we use higher leverage, the risk also will be higher

Newbies as being unaware of the market trends should also not use too high leverage in the start as higher leverage means higher damages.

People afraid before investing their own money in forex becaswue they think that forex is risky but that contains some truth because in fact forex is actually risky business

I guess this is because of many negative reviews about forex trading as many compares it with HYIP sites or other scam sites but in fact forex trading in my opinion is the only legit business available to do online for making money.

You all might be right but i think he should also seek some local expert advise in his area who can better suggest him getting anything more profitable than forex trading.

The brokers earns my taking commissions and spread difference on the trades executed by the traders, maybe some broker also earns by margins etc.

Maybe it is because they want their traders to trade in the exchanges established under their own jurisdiction and pay taxes to them on their gains.

If we start trading in forex, we need to prepare ourselves. We can start trading using demo account first. Demo account can be the best place to start trading, hone our skills before we use our real money in forex.

Demo account practicing should be done for more than 6 months before going to live trading, though this seems bit tiring job however it is the biggest asset of any successful trader.

There are many past examples of regulated brokers turning into scam so i think honesty, reliability and repute is needed more than regulation factor and these factors should also be considered while choosing any broker.

The benefit i found out from trading forex is that i am already paying my bills through it and the good part is that it had enabled me to utilize my free time into making money.

Please elaborate a little more of exactly what are you looking for..? BTW welcome to the forum!

I guess we need to deposit money in order to become eligible for the withdraw and in fact no free soup is offered for anyone.

Planning to open another demo and trade manually, will show my performance soon.

Good Luck!

Yes Hotforex doesn't offer its service in North America, to US and Canada.

Not only hotforex but i have seen many brokers are not offering services to these regions and it might be due to the strict regulations of US.

HotForex get best broker awards in EU, Asia and SA. Should we have a global broker award (except NA region)?

Do you mean North America with NA or which region are you referring to..!!

back test with EAs, and just to be safe, and i suggest one grassping manual trading before jumping to EAs, even for me EAs can be a bit complicated. 

Me too doesn't rely on these EAs as they may double the trouble in the middle of trades as they are not wizards.

I remembered long time ago HotForex was listed in top 500 companies, is it still right?

So what you think where this company is ranked right now, may be among 100 or in top 50s?

I guess he might be referring to back testing any strategy on a demo account, in my opinion!! Please correct me if i am wrong, thanks.

Not much addicted to forex trading but usually it helps me pay me bills easily if i give it some time daily on regular basis, so far it is good.

I guess there are also some brokers which allows social trading as well as PAMM and as per my knowledge they can also be good option for new traders and those who wishes to look for another option to earn money but not sure about how to trade.

Forex trading is easy however earning money through it may requires some extra skills so anyone willing to earn from it should stay focus on learning it before going to live trading.

Can we make our deposits to forex broker through this card, hotforex do allow credit cards deposits but not accepting bitcoin at the moment.

So did anyone here tried PAMM accounts offered by this broker, i usually receive their PAMM performance emails but haven't understand it fully. Please help me how can i take benefits from them?

Yes it might be really hard to compete among the top professionals coming through out the globe however i think we should take a chance to participate in it as those who take risks may succeed eventually.