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yangguo

Eurusd 0.1-0.2 Spread On Hotforex

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In yesterday's trading, Hotforex offerred spreads as low as 0.1-0.2 on currenex account. it's almost close to none

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yeah i heard about it last year! almosts 0 :) but even though, they still maintain a good tight spread on majors, EURUSD on premium is 1.5-1.6 on an average, there is this fixed account that has eurusd at 1.8, haven't tried it yet. and ofcourse currenex.

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Hotforex is a SCAM, here is what they do.
1) Make an incorrect margin call and close the clients position.
2) Then email client that the position was canceled and funds were credited back due to incorrect margin call
3)Then watch the market.. if the market moves up, the client loose all the profit he was supposed to make, as they already
sent a email to client saying the funds were credited back to account.

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In yesterday's trading, Hotforex offerred spreads as low as 0.1-0.2 on currenex account. it's almost close to none

Are you sure it was Currenex account? Maybe you're talking about 0 spread account? I tried both of those and I get the spreads you described on 0 spread account.

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I guess the spreads offered on EURUSD pair is relatively low than the other pairs, not sure about other brokers however i noticed this on hotforex account.

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      is a worldwide provider of retail Forex trading services, offering
      individual forex traders, fund managers and institutional customers
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      Headquartered in Mauritius and supported by worldwide Customer
      Management Centre, HotForex offers Retail, IB and White Label Clients
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