Reasons to choose HotForex or FBS

HFM Broker
24 Jun 2021, 10:44 740 Views
Hello Sir, a few years ago I forgot to ask, but I had inquired at Seputarforex or elsewhere. When I asked about FBS and HotForex, I was advised to lean more towards HotForex. I forgot the reason at that time. Could you explain why, sir? Is it still more relevant to choose HotForex over FBS until now? Please help. Thank you.

2 Answer

26 Jun 2021, 08:08

@Jasen
Incidentally, I am a Hotforex user. So far, the broker is good with WD even though there is no fraud when I profit. Now, Mr. @Jasen, how much is your deposit? If you deposit over 10,000 USD, think carefully about using a broker regulated in an offshore country, because I was just scammed by a broker from Australia regulated in an offshore country. Try asking the Master traders who handle large funds? Try to find out if anyone has asked here, I forgot the broker's name.

My advice is to register with 2-3 brokers to compare charts.
Even the cruelest stepmother is crueler than a fraudulent broker

M
martin 29 Jun 2021, 22:16

@ Jasen: Regarding brokers, we always recommend that, for the security of your trading and funds, you choose a broker that is regulated by a credible international regulatory body, namely: CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA.

A credible regulatory body is one that has been tested and is globally recognized, and imposes strict sanctions on brokers if they are found to have violated agreed-upon terms. This regulatory body is also responsible for the security of client funds.

Regarding the regulation and profiles of brokers FBS and HotForex, please read:

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