HOTFOREX

HOTFOREX brand is owned by the “HF Markets Group” and was founded in 2010 in St. Vincent and the Grenadines. An award winning forex and commodities broker, providing trading services and facilities to both retail and institutional clients. With many years of active trading experience across multiple platforms and markets, the progressive and dynamic HotForex management team recognized that traditional web based forex brokers would be placed under increasing pressure due to their delays in executing trades, frequent system failures and poor overall customer service.

HOTFOREX broker offers various account types, trading software and tools to facilitate individuals and institutional customers to trade Forex and Commodities online, including a demo account, trading on webtrader and different types of demo contest. HOTFOREX is a Straight-Through-Processor (STP) that has aligned its liquidity providers to accommodate all types of traders, including scalpers and automated traders. As a result, HotForex aims to lead the way forward through the usage of cutting edge technology, innovative forex systems solutions, low cost commissions and unrivalled customer service. This also means that the goals of both broker and trader are more closely aligned.

HOTFOREX provides a set of tutorials aimed at training a beginner trader to an intermediate or expert level. The training course consists of a set of videos and eBooks. The videos are clear with good quality audio and professionally presented. The eBooks are full of illustrations and good explanations. HOTFOREX provides research resources that include analysis and trading tools incorporating in-house solutions and content from third-party providers. Forex News is provided by FxStreet, and trading signals generated by automated pattern recognition are available from Autochartist.

HOTFOREX is regulated by bodies in several jurisdictions, the HF Markets Group is known as HotForex and is regulated as follows:

• The Financial Sector Conduct Authority (FSCA) regulates HF Markets SA (PTY) in South Africa. The authorization number is 46632.
• The Cyprus Securities and Exchange Commission (CySEC) regulates the HF Markets (Europe) Ltd. The license number is 183/12.
• The Financial Conduct Authority (FCA) regulates the UK branch of the business known as HF Markets (UK) Ltd. The reference number is 801701.
• HF Markets (DIFC) Ltd is regulated by the Dubai Financial Services Authority (DFSA) licence number F004885.
• The Financial Services Commission (FSC) regulates the HF Markets Ltd in the Republic of Mauritius.
• The Financial Services Authority (FSA) regulates the HF Markets (Seychelles) Ltd. The license number is SD015.
• HF Markets (SV) Ltd is incorporated in the St. Vincent and the Grenadines with the registration number 22747 IBC 2015.

Notably, 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. Unfortunately, they do not accept U.S. clients at this time. The Head office is located in Cyprus while another office is in Kingston, St. Vincent & the Grenadines.
Overall, HOTFOREX has done an excellent job in terms of ensuring regulation which can suit all of its traders.