Anybody knows how the hell traders in their demo to real contest manage to make 12000% on their 100K demo deposit just for a month? Smells a free cheese from Hotforex want to take part in it but seeing their tremendous yields really frustrating and kills any hope.. Here's the link https://www.hotforex.com/ru/contest/demo-contest.html
thats not an impossible number really, with forex nothing is impossible given the variety of conditions that can be done LOL but it is crazy and its demo, to win a demo contest it takes extreme messures
Yeah taking extreme risks - overleveraged and using big lots you can reach such substantial results. Anybody tried new HF instruments? Please provide feedback
Just checked the link and the winner of July 2015 has 6900% profit. It's a stunning gain but with demo, nothing is impossible.
There are a lot of other options if ever you want to try demo accounts. There are brokers that you can costom the money and the leverage as a demo!
Demo account can be opened after registering live account, the allowed number of demo accs is unlimited as well as flexible demo conditions (leverage, initial deposit etc.) Don't know if they restored the option to open demo account directly from MT4
Hotforex staffs just did not have the patience to answer my questions regarding the works of their platform. I decided to withdraw the fund and cancel my account.
Hotforex is a scam company, I made a profit of 800 dollars they deactivated my account and told me i have made in illegal ways, i asked them to tell me what is illegal of making and if they have any proof do provide me, but i didn't get any response.
Hotforex consists of a bunch of 2 scammers, won't name them, but they know themselves.If their system freezes, they'll tell you it's a problem at your end, and ask you to 'reinstall metatrader' even if all other brokers' metatraders are working on your computer.Theyr'e a bunch of crooks, and I'm closing my account with them pretty fast.