Discuss HFM.com (was HotForex.com)

[Rafi777]

Does anybody withdraw any fund via Webmoney from Hotforex from 19 June till now?
I sent my request on 19 June, but they said because of some technical issue it is not possible to withdraw it, and they postpone it to Monday. I wonder it is only my case or others faced with this problem as well.
This delay caused huge losses to me and I don't know how Hotforex can compensate it!!!

 

[Rafi777]

After one week delay, I just received my fund through Webmoney.

 

[navyseal]

I had withdrawn via moneybookers and I got my money within 24 hours. I think it's not because of Hotforex, maybe some delay from Webmoney.

 

[smartboy]

hotforex is a scam . your money will be lost with them .

hotforex is a scam broker . They cheat you with bonuses while they actually do not give your bonuses . They mentioned that they give you 100% bonuses , and they do not mention to you that the bonus can not be lost ( which means that they really do not give you bonus , they make your leverage higher which is more risk in your account . when you trade with the bonus they give you , as soon as your equity goes down to near their bonus amount , they close your positions and take their bonus out of your account to make you become with no money . and regarding their process in withdraw , you won't be able to take your money out . they may take your profit you made giving excuses that you made illegal trades .
spread :
they take higher spread than other brokers .
dealing desk :
you will get re quote when market move fast , while with other brokers you won't .

trust me , do not trade with this broker . I have a copy of my trades which show that they are cheating .

Move away fast from this broker , I warn you to trade with them , you will lost your money like what happened to me .

 

[henyo]

I think the condition regarding the bonuses is in the term of service. I'm not fan of bonuses, but I always say to check with the terms of service, coz bonuses are not usually there just to double your money, but lots of traders actually use it for the leverage and equity .. etc

 

[pipdreaming]

I think the condition regarding the bonuses is in the term of service. I'm not fan of bonuses, but I always say to check with the terms of service, coz bonuses are not usually there just to double your money, but lots of traders actually use it for the leverage and equity .. etc<img src=http://www.etorofx.net/images/vbet/flags/clear.gif style=visibility:hidden>

Bonuses are almost never withdrawable. I think they should be only seen as another way to increase leverage and thats it.

 

[navyseal]

Yes,

It's not easy to withdraw profit, we can see it as increase leverage or avoid margin call. However, account would be better with bonus instead nothing.

 

[nasrull1990]

i think try withdraw using moneybookers cause i got my money in 24 hours..i got no problem using moneybookers till today

 

[navyseal]

I also used Skrill (Moneybooker) for withdrawal from Hotforex, it's very good so far.

 

[henyo]

yup skrill is one of the popular money processing sites. and its UK based so its all good