"Offers extremely easy access to BTC trading"

Broker Information

  • Company Name: HotForex
  • Founded: 2010
  • Country: Cyprus & Saint Vincent & Grenadine
  • Phone: +442033185978

Platform Info

  • Platform: MT4, MT4 MultiTerminal, MT4 WebTerminal, iPhone, iPad, Android, Smartphone Trader, MetaTrader5
  • Web Based: Yes
  • Mobile Trading: Yes

Broker Services

  • Regulators: CySEC, FSCA, FSA, DFSA, FCA
  • Minimum Deposit: $5
  • Leverage: From 1:2
  • US Clients: No
  • Funding Methods: Wire, Visa, MasterCard, Maestro, WebMoney, Skrill, NetTeller, mybitwallet, etc.
  • Pairs Offered: 50+

HotForex Review

Being “customer sensitive” is a proven path to success, especially in the forex brokerage industry, but many companies profess more than they offer. Not so with HotForex.com, which may be one of the best in the industry to give their customers what they want and something more. The offers and features of the firm are full of new additions that adapt to specific segments of the global merchant community. If you feel bad about your broker or if the trading environment is not ideal for your individual trading strategies, then HotForex, also known as HF Markets Ltd., may be the broker you have been looking for. Unfortunately, they do not accept US customers. UU At this time.

In HotForex, you can exchange traditional currency pairs or you can exchange CFD for products, stocks, indices, energy, metals and cryptocurrencies. With origins dating back to 2010 and a global presence, the group’s entities are regulated by the authorities of Cyprus, South Africa, Mauritius and others. In particular, HF Markets (Europe) Ltd is regulated by CySEC, while HF Markets SA (PTY) Ltd is authorized by the Financial Sector Conduct Authority in South Africa. The capabilities in multiple languages ​​have attracted a broad base of global clients, many persuaded to join due to the more than 20 prestigious industry awards that the firm has won over the past seven years. There are also plenty of bonuses and awards * programs, whether you’re a new, old, big or small merchant. HotForex does not discriminate. The micro accounts start at $ 5 * and progress from there. There are also other specialized accounts that access zero spread commercial accounts.

HotForex is a direct processor (STP) that has aligned its liquidity providers to suit all types of operators, including resellers and automated operators. You can download the popular Metatrader4 series of platforms or access one of the many custom operating systems that allow mobile and web-based action to flourish in any operating system. Narrow margins are the rule, and you’ll find higher leverage limits than those offered by most other brokers. The support materials are excellent and abundant, and customer service is also top-notch. “Honesty, openness and transparency” is the line of the firm, a “HOT” combination of a currency broker that leaves its mark.

As of August 1, 2018, new margins will come into effect. You can read more about this here.

* Disclaimer: for HF Markets (Europe) Ltd customers: 1. Bonuses are not available 2. Minimum deposit is $ 50 3. Leverage is established at a maximum of 1:30 always depending on the state of adequacy of the client.

Unique Features of Trading with HotForex

Why trade with HotForex.com? The firm lists these reasons:

  • Formed in 2010 in the Republic of Mauritius by industry professionals;
  • Regulated by the CySEC in Cyprus and licensed by the FSCA in South Africa. Also regulated by FCA, DFSA and FSA.
  • All deposits are safe in segregated accounts with major international banks;
  • Trade forex pairs, metals, energies or CFDs for stocks, commodities, and indices with over 140 asset choices in 20 markets;
  • MT4 trading platform formats, combined with customized web-based versions for access via any all operating system;
  • Multiple accounts with escalating benefits: Micro, Premium, VIP, Fix, Auto, HFCopy;
  • Specialized accounts: “No-Swap Islamic” account, a Zero account to provide near zero-spreads for scalpers and automated traders requiring near-zero spreads; PAMM account (only available to clients of HF Markets (SV) Ltd).
  • No U.S. clients accepted at this time;
  • Multiple deposit methods supported;
  • Branded MasterCard for quick withdrawal applications;
  • Website in 27 languages, many of which are supported by customer service 24X5 each trading day;

Spreads & Leverage

HotForex offers mainly variable adjusted spreads, but also offers a specialized fixed spread account for resellers and automated operators that matches the prices of interbank spreads. The leverage also varies according to the classification of the account. For Micro, Premium and VIP, the leverage conditions are 1: 500, 1: 400 and 1: 300 respectively (not applicable for EU customers, the maximum leverage is 1:30 for the EU)

*For clients of HF Markets (Europe) Ltd Leverage is set to a maximum of 1:30 always depending on the appropriateness status of the client.

Platform

You will not find access problems with HotForex. If you prefer MT4 software, then downloads are available, but if your operating system is resistant or if you prefer a web-based solution or a mobile application, look no further. HotForex has customized a series of software solutions, all cutting-edge, and each one will make your business experience pleasant from the start. Mobile access is instantaneous, at any time of the day and through any Internet compatible device, be it a phone, a tablet or a laptop. The latest in 256-bit SSL technology also encrypts all personal data and business sessions for security reasons.

Deposits and Withdrawals

HotForex accepts all major credit and debit cards, bank wire transfers, and additional services like Skrill, Neteller, FasaPay, Sofort, mybitwallet, iDeal and Webmoney As with all global brokers, you will need to submit legally mandated identity information before any withdrawal request can be approved and processed.

Beginner Support

Experienced customer service representatives speak a dozen or more languages and can be contacted “24X5” by phone, email, live chat or even by Skype. The website can be read in 27 languages. The firm’s educational pages center is filled with training materials, videos, graphics tools, free signal alerts, daily commentary and more for both beginners and veterans alike.

Conclusion

HotForex has gone above and beyond to give its customers what they really want. The firm exemplifies the true meaning of the words “full service” and “one stop shop”. If you wish, you will find it here: competitive differentials and leverage; special features of the account; custom trading platforms for all operating systems; hosting fees for EA resellers and enthusiasts; and all this together with excellent customer service and support materials. It will be difficult to find another broker who tries this to win it, and, judging by their favorable prizes and testimonials, the commercial audience accepts that HotForex is definitely top-notch. Exchange currency, metals, energy or CFD pairs for stocks, products and indices with more than 140 asset options in 20 markets;

Please note that certain products and / or multiplier levels may not be available to traders in EEA countries due to legal restrictions.

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