Discussion in 'Forex Brokers' started by victorycountry, Jan 17, 2016.
I trade with Hotforex, IB and Tickmill. And what is your choice?
I am looking for a broker with good leverage and strong regulations. Maybe Australian based brokers is my choice. Is IB good?
Yes IB is good broker as I stated in my previous post I consider those three brokers as top-grade choice.
Did you choose Hotforex because of high leverage (1:1000)?
Nope because of flexibility. I use their raw spread and fixed spread accounts types for different trading strategies. They also support BTC withdrawals that helps me to avoid taxes too.
i wouldnt go for a 1:1000 leverage, but i would stick to a 1:200 or lower for steady less risk trades. though hotforex is a good broker all anyway
Yes I also think that using high leverage is a mistake. But most newbies trade dreams rather than real opportunities naturally market punishment comes for this.
Yes I am using them for quite some now though they are pretty new in the market so I decided to go with a small amount, conditions are really good.
How much did you deposit? I wouldn't put more than 100 bucks as their website design sucks
Deposited max 500 bucks till now and I really don’t look out for website design when it comes to good service. Going for a 1000 next week and planning to increase like that bit by bit, will update if anything goes south.
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