Hot forex

[trade2bpro]

I think I will try Copy Trading which requires me to TP and SL manually that I don't like but PAMM can burn my fund in a glance.

 

[ph_trader]

for pamm u need a long term low risk account with a decent manager, its hard to entrust your money in the hands of someone else and lose it.

 

[bigmistake]

I only lose when trading by myself; it's hard to stick to a decent strategy and be disciplined. Copy trading would solve it. However, both copy trading and PAMM can burn your fund in the blink of a day.

 

[ph_trader]

on the other hand its safe to say pamm might work to some traders, it depends on trading habits, its there for a reason anyway

 

[bigmistake]

For those who don't know, HFM allows you to withdraw your funds to your local bank method; it saves pretty much the cost of the fee. I accidentally figured it out and so satisfy every withdrawal.

 

[ph_trader]

is this through ewallet? yes thats what im using.. its different from bank wire

 

[bigmistake]

It's not a bank wire (wire transfer), nor is it an e-wallet. It's a local payment method, like someone in your country sending money to you.

 

[ph_trader]

yup the e-wallet option saved me a lot in fees and exchange fees, like a lot.. its a life saver

 

[bigmistake]

I am looking forward Crypto payment but seems it's not possible in the near future. From what I know, a company has to comply regulation that is not using unacceptable payment method (e.g Crypto).

 

[ph_trader]

im not sure, it might be a case to case basis really depending on the country and location? but in most cases it should not be a problem.

 

[bigmistake]

^
I work as a freelancer for a company that pays me through Revolut. From what I know, Revolut supports crypto payments, but the company refused to pay me in USDT or any cryptocurrency since they are based in Malta, and regulations don’t allow them to make payments in crypto (for collecting tax, I think). Maybe in the near future, it will be possible when government figures out how to collect tax from Crypto transaction.

By the way, HFM just launched a CFD crypto account, which is available 24/7 trading instead of the usual 24/5 trading schedule. I think crypto is on the rise.

 

[ph_trader]

yup, its gonna take some time to get crypto fully figured out, and the trend seems for forex brokers to have some sort crypto related services which is good, some even have their own crypto dex.