HOTFOREX

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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ABOUT HOTFOREX

HOTFOREX RATING REVIEW

HOTFOREX
  • Support
  • Features
  • Withdraw
  • Spread
  • Overall
4.2

Summary

HOTFOREX offers multiple trading instruments on the MetaTrader platforms across cryptos, bonds, commodities, indices and currency pairs. HOTFOREX has done well by enhancing its MT4 user experience with multiple account offerings and research tools, as well as accounts dedicated to the use of the MQL4 signals community

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.

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HOTFOREX TRUSTWORTHY TRADING EXPERIENCE

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

        
  • 91%

    Server Speed

  •     
  • 93%

    Deposit Withdrawal

  •     
  • 97%

    Reliability

  •     
  • 95%

    Customer Support

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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

Premium Account
$100/Min Deposit
Max Leverage 1:1000
Spreads Types: Variable
Max Open Orders: 300
Stop Out Level 20%
No Comission
Micro Account
$5/Min Deposit
Max Leverage 1:1000
Spreads from 1 pip
Max Open Orders: 150
Stop Out Level 10%
No Comission
Zero Spread
$200/Min Deposit
Max Leverage 1:500
Spreads from 0 pip
Max Open Orders: 300
Stop Out Level 20%
With Comission


Auto Account
$200/Min Deposit
Max Leverage 1:500
Spreads from 1 pip
Max Open Orders: 300
No Comission
 
PAMM Account
$250/Min Deposit
Max Leverage 1:300
Spreads from 1 pip
Max Open Orders: 500
Stop Out Level 20%
No Comission
HFCOPY Account
$100/Min Deposit
Max Leverage 1:400
Spreads from 1 pip
Max Open Orders: 300
Stop Out Level 20%
No Comission

HOTFOREX STATISTIC REVIEW

SOME FACTS ABOUT HOTFOREX CLIENTS, TRADING VOLUME AND MORE

HotForex Clients

CLIENTS
BILLION TRADING
COUNTRIES
OFFICES

HOTFOREX DEPOSIT WITHDRAWAL REVIEW

HOTFOREX DEPOSIT AND WITHDRAWAL PAYMENT METHOD

 

MORE THAN 12.500.000 SATISFIED HOTFOREX TRADERS REVIEWS

HOTFOREX BROKER REVIEW

Find the latest trader’s reviews for HotForex, get the details and information of HotForex trading broker

HOTFOREX SUPPORT REVIEW

CONTACT HOTFOREX SUPPORT FOR HELP ANYTIME

HOTFOREX OFFICE

HF Markets (SV) Ltd.Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines

HOTFOREX SUPPORT EMAIL

[email protected]

HOTFOREX WORKING HOURS

Monday - Friday 00:00 - 23:59

Last Updated: 16/10/2019