Traders Blog

A top-five broker in 2020, HotForex has consistently grown and gained traders’ trust since its establishment. HotForex is a leading Forex broker that has made great strides toward stability and has expanded in various ways. As of 2010, it is still the leading financial brokerage for trustworthiness. The HotForex registration process is straightforward. Depending on what account type you choose, you will get your registration. Aside from differences in minimum deposits, maximum leverage, spread, and maximum orders. About Hotforex HotForex is part of the HF Markets Group and has operated as a unified brand since its launch. It is regulated in Europe through HF Markets Europe Ltd in Cyprus and the UK through the medium of HF Markets UK Ltd,

You’ve taken that first step and want to open an account with HF Markets? Congratulations! After completing this important step, many HotForex real account types are available to you. You may need some guidance as you embark on your first-ever trading journey. We are here to give you all the best support you need. Here we will discuss getting started with a real account at HF Markets. A step-by-step tutorial will be provided with pictures to make it easier for you to follow. Overview about HotForex The company was founded in the year 2010. Among the four major regulatory authorities, which include the Cyprus Securities and Exchange Commission (CySEC) as well as Financial Conduct Authority (FCA), the DFSA and Financial

This guide will give you all the details about the HotForex ZAR account and how to open it. South Africa’s HotForex is one of the leading Forex brokers. The South African Financial Sector Conduct Authority (FSCA) regulates the fundamental part of the market. More than 1000 financial instruments are available for trade at this broker, known for its low trading costs and exceptional brokerage service. Additionally, HotForex‘s accounts have become more ZAR-friendly, which means it can convert ZAR-USD at a low exchange rate since the US dollar is the base currency for most of its trading accounts. Alternatively, some of the broker’s accounts make the Nigerian naira one of the base currencies available alongside USD and EUR. Capital requirements for

Let’s get into a discussion about what swing trading is in forex. A swing trading strategy is the short-term or medium-term trade that takes advantage of price changes to profit. Positions in financial assets are typically held for only a few days before they are sold. Swing trading refers to the overall movement in the price of an asset from one certain value to another. Get ready to know all about swing trade in forex in detail here. It’s important to keep track of different types of security movements so that you can buy at a reasonable price and sell shortly after that at a profit. Depending on their strategy, some traders may hold their positions for weeks. Long-term trading

Would you like to receive a special bonus from HotForex as a regular broker? Once you verify your account, you will receive a free $30 Welcome HotForex no deposit Bonus. The promotional bonus is for a limited time, so you can kick spam brokers and enjoy real trading without any investment from your clients. Create an account and learn how to make profits in a real trading environment. About Hotforex $30 no deposit bonus information It is common for HF Markets to offer a variety of bonuses to traders residing outside of CySEC and FCA jurisdictions. However, this isn’t easy due to stringent regulations within these jurisdictions. HotForex offers a $30 no deposit bonus as a no-deposit bonus. If you

Did you know what an NDD broker is in Forex? It is a foreign exchange trading method that gives access to the interbank market. A broker who uses a no-dealing desk system offsets positions automatically with interbank, unlike– a market maker. This system allows forex brokers to work directly with market liquidity providers. An investor who trades via an NDD instead of dealing with a single liquidity provider works with a range of providers to get the best prices. This method gives the investor access to instantly executable trades. It may be done using electronic communication network (ECN) methods. Since NDD brokers use multiple liquidity providers, they can get the most competitive bids and asks. Check out the overview of

Trades can be made using a variety of indicators. Such indicators can also help create an overall decision based on the specific goal. Traders widely use RSI, Stochastics, and other momentum-based indicators. However, different indicators can be based on volume, volatility, cycles, or another measure. A trading indicator for measuring a currency pair’s volatility is presented in this lesson. This indicator is known as the Average True Range or ATR for short. First, let’s discuss the ATR forex indicator on MT4 and calculate it. Average True range (ATR) Technical Indicators Overview Technical indicators are used in the financial markets to measure volatility, such as the average true range (ATR). It examines the price movements of a range of assets within

A divergence occurs if the trend indicator moves in one direction while the currency pair’s price moves in the opposite direction. Both positive and negative signals can result from divergence. Divergence occurs when there are no clear directional trends, and traders take action based on divergence. This is usually done by taking positions on each side of the trade. Find out what divergence trading in forex is, how to use divergence indicators for finding it, and how forex traders use it for their trades in the market by continuing reading. Divergences: Indicators and Signals to Follow What does divergence in trading mean? Divergence often appears on oscillating indicators (those that rotate around the midline). Indicators like MACD, RSI, Stochastic, and

STP representatives act as independent brokers in the same way that ECN merchants do. All customer positions are passed directly to the market through interbank trading houses or liquidity providers like banks. Forex dealers who offer STP guarantee an exceptionally straightforward and uncomplicated trading climate with their clients. Let’s discuss what an STP broker is in Forex! What is an STP account? An STP account (Straight through Processing) is a no-dealing-desk service using direct market access (DMA) to route all trading orders directly to liquidity providers. In an STP account, all trades are routed to the liquidity pool first, and then all orders are filled at the best price. In contrast to ECN accounts, STP records should not be considered

As many of you know, the forex market has one of the highest liquidity levels on the planet. But did you hear about the electronic trading system sweeping the world? Did you know what an ECN broker is in Forex? Electronic Communication Networks, or ECNs, allow traders to compete with much bigger pools of financial institutions in the market. As a result of the technological advancements within the financial industry, more forex brokers are switching to this much more accessible system – ECN. This enables ECN brokers to facilitate trades on a network used by several other forex traders. The benefits of ECN brokers are transparent when it comes to traders who might not participate as much during market hours