HF Markets Broker Testimonials
Identifying a good broker will not be complete without checking the testimonials. This is because experience speaks louder than words.
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Brokers are very not recommended! Okay, here's my problem. So I opened a new account with HFM, had a minimum deposit of about $100, so I deposited $110. But then I realized that they don't offer much leverage or copy trading due to my country's regulations. So I asked for a refund and he wrote that I have to wait 10 days. It's been 16 days but my money hasn't come to me yet!
I trade with their MT4 trading platforms and somehow the spreads keep getting changed.
EVERY
SINGLE
TIME
I didn't realize it at first, and I just chalk it up as a result of volatility. Out of curiosity, I trade the same amount on the same pair at another broker. The result was different. How is this even possible?
I don't understand why HotForex closes my trades before they reach my stop loss point. I feel scammed, why should I even bother placing a stop loss if it's not even going to work?
Considering this has happened more than once, I figure this must be intentional. I would understand if it happened once in a blue moon since it could be an error. But almost every time? I am enraged!
Jan 24 2022
I don't understand what happened with this broker. In the beginning everything it's okay, I can withdraw smoothly and get my money within a short time. But then everything changes. Suddenly it's hard to withdraw money, and I'm losing sleep over this. Did they change the agreement or something? I'm really confused here.
I give up! I deposited $100 but it did not load in my account! I did it twice, and the same thing keeps happening.Â
Apr 19 2020
Okay, I need a solution to this problem. So far I have never experienced this before, so it's really taken me by surprise. I was trading USD/CAD several days ago and I place a buy order. At first, everything goes very smoothly and gradually headed my direction but all of a sudden it turned around, and in a flash of one candle my account was blown. It goes as far as leaving a balance of -21.51 dollars in my trading account. I wouldn't be mad if I didn't suspect a foul play here. However, I have another account in a different broker in which I open similar positions and I didn't lose that much. Even with the slippage, it's still crazy.
Mar 1 2018
They use to be so good but now they are just like any other brokers. I just keep having problems after problems with them. Recently, they canceled all my profits including the remaining amount that had stayed in my account after the previous withdrawal. This is coming out of nowhere considering several months ago I still making withdrawals and everything was OK. Five months later I made a second withdrawal and everything went wrong. I've read in some forums that this happened to people who are making a profit regularly but I don't know for sure. Just very disappointed.