Recent content by Glowworm

Had a chat with Venelin from Hotforex - who has endeavoured to resolve the issues I've outlined above. Correct me, Venelin, if I misrepresent any of the following details... Finally, yes, there has been an accounting problem with the new PAMM accounts such that open floating losses have been...

Hotforex: potential BIG INSTANT LOSSES through LACK of TRANSPARENCY in Terms and Conditions I just had an extended chat with Katarina, a Hotforex online help representative. In short, Hotforex make new investors to PAMM managed accounts 'buy into' open floating losses, thus potentially (as...

BEWARE OF THE (managed) PAMM ACCOUNTS WITH HOTFOREX!!! They are presented in such a way as to mislead potential investors into believing that their performance is much better than it really is. There is a massive loophole whereby PAMM account managers can in fact lose large percentages of...