HOTFOREX BROKER REVIEW
HOTFOREX REVIEW AND INFORMATION
Is HOTFOREX a safe and reliable broker? Is HOTFOREX.COM a good forex broker? Find the latest trader’s reviews for HOTFOREX, get the details and information of HOTFOREX trading broker. Find out all about initial deposits, regulations, features, platforms, customer support and much more when trading with HOTFOREX Broker.
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HOTFOREX RATING REVIEW
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.
Tight spreads are the rule, and you will find higher leverage limits than offered at most all other brokers. HotForex offers primarily variable tight spreads, but they also offer a specialized fixed spread account for scalpers and automated traders that equates to Interbank spread prices. High quality services offered by HF Markets LTD Mauritius and reliable FSC & CySEC regulation keep the company far apart from some scam dealing centers operating currently on the market.
HOTFOREX took an insurance policy to the tune of €5,000,000. This is to protect themselves in case of errors, fraud, negligence, etc. HOTFOREX asserts that funds are safe with them as the transaction channels are tested and trusted. Also, there have been no reports of stolen or lost funds with HOTFOREX brokers.
HOTFOREX offers primarily variable tight spreads, but they also offer a specialized fixed spread account for scalpers and automated traders that equates to Interbank spread prices. Leverage also varies by account classification. For Micro, Premium, and VIP, leverage conditions are respectively 1:500, 1:400, and 1:300(not applicable for EU clients. Max leverage is 1:30 for EU)
Hotforex support a wide range of languages including Arabic, Chinese, English, French, German, Greek, Indonesian, Italian, Japanese, Malay, Polish, Portuguese, Russian, Spanish, Thai, and Bengali. They offer a wide range of languages and support options via phone, email, live chat, or even Skype.
HOTFOREX SERVICE PERFORMANCE
Server Speed Deposit Withdrawal Reliability Customer Support
Professional Executing Trades
As HOTFOREX offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.
As a market maker, HOTFOREX may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements.
Deposit Withdraw Options
HOTFOREX deposit options are varied and several without any deposit fees.
HOTFOREX accepts all major credit and debit cards, bank wire transfers, and additional services like Skrill, Neteller, FasaPay, Sofort, mybitwallet, iDeal and Webmoney and many more.
Extensive of Trading Instruments
HOTFOREX works exclusively with Metatrader from MetaQuotes Software. This means they offer the complete range of MT4 and MT5 platforms in all of their variants including on mobile. They manage to deliver the same robust but easily navigable design with fast and convenient order execution which they always have.
Improved Trading Features
An addition to the HOTFOREX MetaTrader experience which many traders welcomed is that of the Premium Trader Tools add on from FX Blue Labs. This is a comprehensive addition to the platform which greatly enhances the analytical capabilities of the trader, making a positive decision all the more likely.
HOTFOREX BROKER FEATURES REVIEW
WHY TRADING WITH HOTFOREX BROKER
HOTFOREX Trading Condition
HOTFOREX give traders access to a wide variety of instruments in several markets like currencies, indices and shares. The minimum and maximum trade requirements vary depending on the trader and the instrument.
HOTFOREX Deposit Withdrawal
Minimum deposit is varies from $5 to $500 depending upon your account type choice. With multiple deposit methods supported and without any deposit fees.
HOTFOREX Trading Platform
HOTFOREX has custom made a number of software solutions, all state-of-the-art, and each will make your trading experience an enjoyable one from the get go.
HOTFOREX Safety Funds
Segregated bank accounts where your money is safely held in Barlcay’s bank, HOTFOREX has made extra efforts to safeguard its liabilities against Clients and got an insurance program for a limit of €5,000,000
HOTFOREX Support System
Knowledgeable local customer support with wide range of languages and support options and excellent customer service and support materials. Support system are excellent and in abundance, and customer service is top-of-the-line, as well.
HOTFOREX Referral Program
HOTFOREX Referral Program offer a total solution, from provision of the trading platforms to execution and settlement of transactions. They take care of all the administration, allowing their IB, to focus on the client.
HOTFOREX TRADING ACCOUNT REVIEW
TYPES OF HOTFOREX TRADING ACCOUNT
HOTFOREX STATISTIC REVIEW
SOME FACTS ABOUT HOTFOREX CLIENTS, TRADING VOLUME AND MORE
HOTFOREX DEPOSIT WITHDRAWAL REVIEW
HOTFOREX DEPOSIT AND WITHDRAWAL PAYMENT METHOD
MORE THAN 12.500.000 SATISFIED HOTFOREX TRADERS REVIEWS
Overall good, lowest spreads, fast execution, sufficient leverage, quick withdrawal and excellent customer support. Bonuses are also reasonable with no strict terms.
Excellent trading platform with tight spreads and no requotes. Withdrawals are conveniently processed. Good brokerage services that i have ever found!
Pretty much straight forward in execution at Hotforex. Spreads are also acceptable and profits can be withdrawn easily through them. I think that the overall performance of this broker is quite satisfactory and i will rate them 5 out of 5 for now
HOTFOREX SUPPORT REVIEW
CONTACT HOTFOREX SUPPORT FOR HELP ANYTIME
HF Markets (SV) Ltd.Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines
HOTFOREX WORKING HOURS
Monday - Friday 00:00 - 23:59