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.
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.
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.
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.