I just start trading with HotForex, so for now I think I'll just write what I experience during this time. So far, I guess they are an okay broker, didn't come off as a scammer, but not the best either. I did not have any problems when it comes to withdrawals and I guess this is what most people care about. Everything is simple, from the moment I oppened the account, it was approved almost instantly, I downloded the MT4 and in almost no time i was able to start practising on a demo account. You can also find a lot of great education on their website, which is a good thing for newbies I guess. Also, it's good to know that they are regulated by different regulators.