HotForex feedbacks!

[garena]

I use online exchanges to transfer funds from paypal to payoneer card from Hotforex, they take 1-2% fee but I'm ok with that..

Hotforex doesn't support both Paypal and Payoneer. How could you do it?

 

[inggo]

just my two cents, if im not mistaken these kind of exchanges are done through underground exchangers, yes unregulated highrisk yet effective for lots of people online, some build a goor rep and can produce high income from money conversions between different online money processors, like paypal to skril, skrill to web money, payoneer to neteller etc..

 

[garena]

I often exchange Skrill into local money, it's fast and avoid the terrible fee local banks applying on Skrill withdrawals (up to $40)

 

[inggo]

yeah i heard about these, some do use exchange between different online money processing accounts, how is the rates locally?

 

[f4forex]

Hotforex doesn't support both Paypal and Payoneer. How could you do it?

I guess paypal is also not much supportive option for funding a forex broker like other e wallets i.e., skrill etc.

 

[inggo]

im not sure are there still broker offering paypal as a mean for deposit and withdrawals, im not sure there are any anymore..

 

[garena]

im not sure are there still broker offering paypal as a mean for deposit and withdrawals, im not sure there are any anymore..

Hopefully this list can help you, but I also thought not all of them still providing paypal
https://www.earnforex.com/paypal-forex-brokers/

Skrill and wire transfers are enough for most of regions.

 

[f4forex]

Skrill and wire transfers are enough for most of regions.

Thanks for the share however i think skrill is fine unless i find some cheap alternative to that.

 

[jellyeb]

Thanks for the share however i think skrill is fine unless i find some cheap alternative to that.

Skrill is cheapest option to withdraw from Hotforex. 1% per withdrawal from their account and 3 bucks fee to withdraw money on credit card and its fixed fee. Getting money through other payment systems will costs you about 30$ per 1000$ while through Skrill its only 13-14$

 

[inggo]

hey speaking of skrill i was sent another card for no reason, should i activate it or would it charge me another 29+ annual fee if i do so, but my old card work fine anyway

 

[f4forex]

If your previous card is still active then i guess stick with it rather than paying another extra charges in lieu of annual fee etc.

 

[inggo]

thats what i though, didnt activate it.. just kept it on the sides, that would be another 30 usd if im not mistaken for activation lol.. 🙂

 

[f4forex]

Hotforex also started new card, anyone has any insights about it as i am willing to give it a try!

 

[garena]

What's card are you talking about? I remember this broker offer Debit card for its trader.

 

[jellyeb]

Skrill doesn't process withdrawals in USD anymore. Forced to open account in Euro to save on commissions, as their FX commissions are 4 (four) percent! Now receiving my money from Hotforex in Euro only.

 

[inggo]

I''ll try to apply for the HF debit card, it only costs 10usd i think and it would be eaiser to transfer from ewallet rather than wait for a transfer to skrill i think, ill give it a shot and ets see how it goes and the fees are very acceptable.

 

[jellyeb]

Yeah let us know about your experience because I'm also thinking of eliminating skrill from the transactions chain.

 

[f4forex]

I think it could be a cheap alternative to other payment processors, that's my personal opinion let see how it works in future.

 

[inggo]

I think skrill and neteller are limitting thir asian services, just got an email about it, starting nov 25 there wont be any cards usuable in my location and usd bank transfers will be prohibited, I actually need this hf card most right now, lol.

 

[jellyeb]

I think skrill and neteller are limitting thir asian services, just got an email about it, starting nov 25 there wont be any cards usuable in my location and usd bank transfers will be prohibited, I actually need this hf card most right now, lol.

What about withdrawals in Euro are they still available?