Tanja Frankfurter
Recruit
- Messages
- 1
Hi Traders
I was scammed by HOTFOREX i would strongly recommend people to NOT use this broker because they are a complete scam .In my case i joined them by using a demo account, soon after i opened a real account with them, that's when the problems started, i deposited 500 usd with them and to fund my real account they asked for ALL my documents like the ID electricity bill , water bill , house rent bill , they wanted by any mean a ( bank document ) they wanted the photo of my credit cart back and front , and the ( residence proof ) was VERY weird because i sent the ORIGINAL residence proof and they just DIDN'T accept it and they just keep and keep asking for documents, then i was so fed up that i wanted my money back, i asked them for the money and they said they would need ALL documents again, i sent all they wanted and the DAMN FRAUDSTERS REFUSED
Following are other Reason why Hotforex is a scammer !!
1) Make an incorrect margin call and close the clients position.
2) Then email client that the position was canceled and funds were credited back due to incorrect margin call
3)Then watch the market.. if the market moves up, the client loose all the profit he was supposed to make, as they already sent a email to client saying the funds were credited back to account.
4) You will not find many errors on their demo account, and this is their own plan to make you fool .
I was scammed by HOTFOREX i would strongly recommend people to NOT use this broker because they are a complete scam .In my case i joined them by using a demo account, soon after i opened a real account with them, that's when the problems started, i deposited 500 usd with them and to fund my real account they asked for ALL my documents like the ID electricity bill , water bill , house rent bill , they wanted by any mean a ( bank document ) they wanted the photo of my credit cart back and front , and the ( residence proof ) was VERY weird because i sent the ORIGINAL residence proof and they just DIDN'T accept it and they just keep and keep asking for documents, then i was so fed up that i wanted my money back, i asked them for the money and they said they would need ALL documents again, i sent all they wanted and the DAMN FRAUDSTERS REFUSED
Following are other Reason why Hotforex is a scammer !!
1) Make an incorrect margin call and close the clients position.
2) Then email client that the position was canceled and funds were credited back due to incorrect margin call
3)Then watch the market.. if the market moves up, the client loose all the profit he was supposed to make, as they already sent a email to client saying the funds were credited back to account.
4) You will not find many errors on their demo account, and this is their own plan to make you fool .