Hotforex account

HF markets (SV) ltd with registered address suite 305, griffith corporate centre, P.O. Box 1510, beachmont kingstown, st. Vincent and the grenadines.
HF markets (europe) ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.
HF markets SA (PTY) ltd with registered address katherine & west suite 18 second floor 114 west street sandton, johannesburg 2031.
HF markets (seychelles) ltd with registered address room 107, orion complex. PO box 1228, victoria mahe, republic of seychelles.
HF markets fintech services ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.
HF markets ltd regulated by the financial services commission (FSC) of the republic of mauritius, category 1 global business no. C110008214 license | company reg. No. 094286/GBL.

No deposit forex bonuses

The website is owned and operated by HF markets group of companies, which include:

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Legal: HF markets (SV) ltd is incorporated in st. Vincent & the grenadines as an international business company with the registration number 22747 IBC 2015. The objects of the company are all subject matters not forbidden by international business companies (amendment and consolidation) act, chapter 149 of the revised laws of saint vincent and grenadines, 2009, in particular but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well as to provide brokerage, training and managed account services in currencies, commodities, indexes, cfds and leveraged financial instruments.

The website is owned and operated by HF markets group of companies, which include:

HF markets (SV) ltd with registered address suite 305, griffith corporate centre, P.O. Box 1510, beachmont kingstown, st. Vincent and the grenadines.

HF markets (europe) ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.

HF markets SA (PTY) ltd with registered address katherine & west suite 18 second floor 114 west street sandton, johannesburg 2031.

HF markets (seychelles) ltd with registered address room 107, orion complex. PO box 1228, victoria mahe, republic of seychelles.

HF markets fintech services ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.

HF markets ltd regulated by the financial services commission (FSC) of the republic of mauritius, category 1 global business no. C110008214 license | company reg. No. 094286/GBL.

Risk warning: trading leveraged products such as forex and cfds may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice. Please read the full risk disclosure.

Regional restrictions: HF markets (SV) ltd does not provide services to residents of the USA, canada, sudan, syria, north korea.

WHAT HOTFOREX TRADING ACCOUNT SHOULD YOU OPEN?

Hotforex is a very popular broker in the forex world. This is due to the number of offers and resources it offers. In addition, until today it has maintained a good reputation in the broker market. However, miracles are hard to come by; as such, hotforex live account won’t do anything unless you take the right choices.

For more information about this broker, check out our articles about hotforex review full 2020.

What hotforex live account should you open?

The money does not grow in trees unless you plant a seed. It is always necessary to keep the nest egg in movement in order to increase it day by day, one of the best ways to do it is running in the stock. Somebody will always say “that is for great businessmen who know the market”, but that’s where they are wrong. Even the greatest businessman use brokers to know where to put the money, and why not do so if, for a “small” commission, they put you on the right path. If your goal is to invest in cfds and you are just beginning your journey through the world of finance, there’s no doubt that hiring the services of a broker is the best option as this will guide you through the first steps of the investment and will help to discern between a successful decision and one that can lead to economic losses. Of course, remember that there are risks and money can always be lost.

The big challenge is not deciding whether or not to use a broker, but which of all available in the market is the most convenient since many of these sites lend themselves to scams that end with the theft of hundreds of dollars of people. As we said in the beginning, hotforex has been positioning in the broker market as a reliable option and the different types of hotforex trading account have made it recommendable for most traders.

Hotforex is adjusted to the needs of clients, with different characteristics depending on the investment, the benefits, and the market risk that the client is willing to assume. There are eight different types of hotforex accounts with different trading conditions.

So, what hotforex live account should you open? Is the real question to be considered for this opportunity. In order to determine the best option for investing your money in the currency market with hotforex, its accounts will be numbered for a better understanding of them. So let’s start from the beginning. And I'm talking about hotforex real accounts, not hotforex demo account.

Hotforex micro account

The hotforex micro accounts are for small individual investors, who do not have much knowledge of the swings in the currency market and who want to make minimal investments.

Check more detail micro account here

This hotforex account require a minimum deposit of five dollars and have variable differentials of 1 pip, allows the client a maximum leverage of 1:1000 and a maximum of 150 accounts of this type open simultaneously. In addition, the micro account does not charge commissions and is managed with the trading platforms metatrader 4 and webtrade.

Hotforex zero account

This type of hotforex account requires an investment greater than $100 and a variable difference of zero pips, the maximum leverage in this case is 1:200 and can handle from 60 to 500 accounts of this type according to certain conditions.

Check more detail zero spread account here

Hotforex PAMM account

This is the hotforex PAMM account that follows the zero in order of investment, since it requires a minimum deposit of $250, with a maximum leverage of 1:300. The differentials of the pamm account are of the variable type and of at least 1 pip in forex and something more in other assets. It allows a maximum of 350 open orders simultaneously.

Hotforex premium account

Hotforex offers this type of hotforex accounts for clients who feel more confident regarding the investment of cfds in forex, stocks, and commodities since the minimum deposit is $500. Like the micro account, the spreads are variable, starting at 1 pip. It offers a maximum leverage of 1:400.

Check more detail premium account here

It can handle up to 300 premium accounts simultaneously, and it mainly uses the metatrader 4 and webtrader as its trading platforms and does not charge commissions per client.

Hotforex currenex account

Like the premium option, this hotforex account requires a minimum investment of $500, with a maximum leverage of 1:400, with differentials of the variable type and 0.2 pips minimum, allowing a maximum of 350 open orders.

Hotforex fixed account

This is an hotfores account for experienced investors, designed for traders looking for fixed spreads beyond market conditions. This account requires $500 as a minimum investment and a maximum leverage of 1:400. The difference, in this case, is that the spreads are fixed, and allows a maximum of 300 open accounts.

Check more detail fixed account here

Hotforex auto account

This is a special hotforex account, designed to offer traders with a trading system of any kind, selecting suppliers through the metatrader 4 and webtrader platforms, as well as through mobile apps in an automated way, hence its name. The minimum deposit for this account is also $500, with a maximum leverage of 1:400, and variable spreads of 1 pip. It allows a maximum amount of 300 open orders simultaneously.

Check more detail auto account here

Hotforex VIP account

This type of hotforex account is for large investors who are not afraid to deposit large amounts of money in exchange for even greater profits, but always with a considerable market risk.

Check more detail VIP account here

In this case, a minimum investment of $20,000 is required, with spreads from 0.2 pips, and a maximum leverage of 1: 300. This type of account works on different trading platforms such as metatrader 4, webtrader and mobile trading, with a maximum of 400 simultaneous transactions. With the VIP hotforex accounts, $6 commission is charged per a standard lot of purchase or sale but allows the client three private consultations of thirty minutes with the hotforex senior analyst, stuart cowel, who has more than 25 years of experience in the industry.

Hotforex hfcopy account

Hfcopy is a great tool that allows traders to come together to try and master the market. Individuals can create trading strategies, act as strategy providers, or copy transactions as investor without actually trading or keeping a close watch on market fluctuations.

Minimum deposit: $500 for strategy provider and $100 for follower

Maximum leverage: 1:400

Spread: from 1 pip

Maximum orders at once: 300 orders

Check more detail hfcopy account here

Hotforex advantages

Hotforex is the most security forex broker. In 2019, hotforex is regulated and controlled by the four most reputatious organizations including FCA from the UK, DFSA from dubai, FSCA from south africa and FSA from australia. It means that hotforex focus on many markets such as africa, asia and europe. Its core value is to provide customers the most comfortable experience when trading with hotforex.

Hotforex is famous for precious metals trading as its spread for gold trading is the lowest in the market. For common currency pair, the spreads are from 1 to 1.5 pips which are competitive in the market. It is hardly ever to see a slipperage in hotforex. (sipperge is known as a notification that the market price is considerably changed in comparison with your input price. Sipparage often occurs when there are too many volatilities in the market.)

With hotforex, there is no slipperage because it has the most powerful servers to accomplish your orders within a second. Hotforex has excellent customer care services in asia because it is hotforex’s main market. You can be supported with 24 hours services and available in many languages such as chinese, vietnamese, thai, korean and arabic.

In conclusion, whatever your operational strategy, your level of funds, or your appetite for risk are. Whether if you are thinking about opening a demo or a real account there will be a hotforex live account that fits your needs, you just need to take your chances. So, the cards have been served on the table, make your move and win, then withdraw your profit with hotforex withdrawal system.

Peter pan

Hey, I’m peter pan. I am a writer currently resided in thailand. For my forex experience, I have been trading with many forex brokers from all over the world for 5 years now. I hope that my articles about forex brokers can help you succeed in this market just like me.

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Hotforex

Trading instruments somewhat limited

Banking options limited

No real promotions

Min deposit

Max leverage

Mini account

Bonus

Platforms

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Review

Comparison

Review

Introduction

Hotforex has been around since 2010 when it was started in mauritius. They are a leader when it comes to providing forex services online, as well as being a worldwide CFD broker. They place an emphasis on their customer.

Currently, there are a number of jurisdictions in which the broker is regulated in, including the cyprus securities and exchange commission (cysec), the financial service provider from the financial sector conduct authority (FSCA) in south africa, and the financial services commission (FSC) in mauritius.

They have won numerous awards since they started their business operations, including being part of the top 100 companies list that was compiled by the world finance magazine in 2017.

On the hotforex platform, there are 27 different languages catered for.

Founded in 2010 in mauritius

Regulated by numerous respected bodies

Winner of many esteemed awards

Trading conditions

One of the key components of hotforex as a broker is to cater for all of the potential needs their customer may have. This is why they have a massively diverse range of account types available for you to choose from, with seven different options on offer, which is extremely high in this sector.

The options available to you are the micro, premium, zero, VIP, auto, hfcopy , PMAA, and premium pro accounts. Each of them has their own strengths and weaknesses, so you need to ensure that in opening an account, you choose an option that best suits your specific needs.

With the micro account, it is suitable for beginners, with a minimum deposit of $50 required, with spreads starting from 1 pips and variable spreads in general. For those looking to minimise fees and spreads, the zero account has raw spreads with 0 mark-up.

This means that you will be dealing with very tight spreads and low commissions. If you are a high roller, the VIP account could be for you as a result of the minimal fees associated with its use and very competitive spreads.

There is a minimum required deposit of $20,000 on this account type. The auto account allows you to copy automatically the advice given by the signals and indicators which are provided from expert analysis systems that have been created at hotforex.

Leverage is going to change depending on the type of account and the type of instrument you are looking to trade.

While often times hotforex has interesting bonuses and promotions running, at the moment they do not having anything of note on offer. In the past for example, if a client deposited 250 USD into his/her approved bonus scheme account he could receive a 100 % supercharge bonus credit of 250 USD. The rescue bonus applied to deposits over 50 USD. If a client deposited 100 USD, he/she could receive 30 USD as part of a rescue program. The rescue program could be used as a stop loss as there is was no limitation in using it for trading. Users were able to receive the rescue bonus after a loss cut. Unfortunately this is not a current promotion, but it may be worth looking out for such bonuses in the future.

6 different account types to choose from

Competitive spreads

Flexibility of options

Products

In terms of the trading instruments offered by hotforex, you can deal with everything from cryptocurrencies, forex, metals, indices, shares, energies, commodities and bonds.

There are more than 50 different currency pairs available and they currently have 53 different shares available as part of their offering.

53 shares available to be traded

Over 50 currency pars to be traded

Regulation

Under their official name of HF market group, they are regulated in a number of different territories.

They are a cypriot investment firm (CIF) and are regulated by the cysec (license number: 183/12). They are regulated by the FSC of the republic of mauritius (license number: C110008214) as well as being incorporated in st. Vincent and the grenadine as an international business company (license number 22747 IBC 2015), they are authorised by the FSCA in south africa (authorisation number 46632), as well as being regulated by the seychelles FSA (license number SD015).

With such wide ranging regulatory bodies approving of hotforex, you can sleep well at night knowing your funds will be kept safe.

Regulated by numerous respected bodies

Platforms

Like a lot of forex brokers, hotforex utilises metatrader as their trading platform. This is ideal for those traders who are well used to using this trading platform and it is quite easy to pick up for those who don’t have any experience using it.

There are many different features and tools available to you as part of this platform which helps to enhance the ability of the trader.

There are many different version of metatrader 4 available with hotforex, including their desktop, multi-terminal, web browser, iphone, ipad, android and general smartphone versions of the trading software.

There is also a proprietary hotforex rapidtrader API available to users which allow traders to get direct market access, as well as being able to conduct automated trading without needing to use the metatrader 4 platform.

Variety of metatrader platforms to choose from

Proprietary trading platform option

Mobile trading

As a result of being a metatrader only platform, you will able to utilise the platforms on ios and android devices, through the metatrader 4 (MT4) app which can be downloaded straight away from either the app store or the android play store. There is also a version for general smartphones that do not fall under the android or iphone categories.

There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps.

Quality mobile offering

Pricing

With hotforex, the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them. There are seven different account types in total.

For the most part, there are variable tight spreads offered at hotforex in addition to their specialised account for scalpers that are fixed spread and the automated trading account which has the same spread prices as interbank.

For their zero account in which there are no spreads, commission is charged at a tiered rate. Generally, for trades sized up to 1,000 there will be $0.08 charged per round turn, $0.80 charged per round turn for a trade size of up to 10,000 and $8 per round turn for trades sized up to 100,000.

The typical spread you can expect for EURUSD is 1.2 pips

Competitive spreads

Variety of pricing models depending on account type

Deposits & withdrawals

There are many different deposit and withdrawal options available for users of the hotforex platform. Mastercard and visa cards are of course catered for in addition to the likes of skrill, american express, neteller, mybitwallet, webmoney and bank transfers.

The minimum required deposit for a bank wire transfer is $250, with the minimum required deposit for all other options being set at $50. Hotforex do not charge any fees for these payment options.

Depositing via bank transfer will take between 2 and 7 working days whereas the other options will have their deposits processed almost instantly. In terms of withdrawals, they will start to be processed within 24 hours after the request has been submitted.

The minimum withdrawal amount is $5 for all options except the bank transfer, with the minimum withdrawal being $150. It will take the bank transfer and credit cards between 2 and 10 working days for withdrawals to be fully processed. Withdrawals made through the likes of neteller and skrill will be processed almost instantly.

Processing times are average

Payment options somewhat limited

Customer support

You can get in touch with a member of the hotforex customer support team 24 hours a day. You have the option of sending an email, talking to a representative via live chat or ringing them over the phone. There are different numbers you need to ring depending on the specific region you are located in.

There are more than a dozen languages catered for through the customer support team and the support is available five days per week. They also have a comprehensive FAQ section in which you will very likely find answers to your questions.

Customer support available 24/5

Comprehensive FAQ section

Research & education

Hotforex have an extensive education section as part of their platform to help their traders as much as possible. They have everything from live webinars to market analysis, general training videos and step by step courses.

All of these resources are available to anyone and they are ideal for those trading out their trading journey and more experienced traders alike.

Noteworthy points

Hotforex has a VPS hosting service if you need it and they have a whole host of trading tools, calculators and market analysis all in one place that will fit all of your needs.

It really is a one stop shop for all of your trading needs, as they look after the needs of their users from start to finish.

They are well respected in the industry and this is reflected by the numerous awards they win each and every year. They are involved with numerous charities, including the likes of unicef and red cross, as well as sponsoring numerous events over the years, such as the 2017 carrera cup.

The platform is easy to use and with more than 27 languages catered for, they cover most of the bases.

Support of numerous charitable organisations

Over 27 languages

VPS hosting service

Conclusion

Hotforex is a one stop shop for all of your trading needs, whether you are new to trading or have many years of experience

They have a great education centre which will allow you to educate yourself on all manners of training, as well as keeping up to date with the latest market analysis.

Their customer support team is always available to help and they have tried and trusted banking options which keep your funds safe and sound. They’re regulated by numerous respected bodies across the world and have competitive pricing across the board through their various account types.

Overall, hotforex is one of the best brokers on the scene today and are definitely a great option if you are looking for a new broker.

Comparison

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Hotforex account types

Hotforex is one of the most reputable forex brokers in the world and a company with numerous awards and recognitions. They have been in this business for more than six years, so we can safely say they know exactly how to keep their clients happy. One option is to give them a lot of choices, which is precisely what hotforex account types do. Read on and see what you can expect when you start trading here.

We’ll start our analysis of hotforex account types with the very first thing you have to do in order to start trading: the login. This process is actually quite simple – you only have to enter some of your basic personal data, choose the currency you would like to use in your trades and that’s about it. Don’t worry; our is hotforex a scam? Article has proven all your data will be extremely well protected. You can choose between the USD and the euro. As for the deposit methods, you can choose between wire transfers, credit cards (visa, visa electron, mastercard, maestro and american express), HF mastercard and many online payment methods (skill, neteller, sofort and so on). The minimum amount that can be deposited is 50$, which is affordable to almost anyone, so you don’t have to invest a lot of money, but you can still earn a lot. However, if you invest more you can choose between several hotforex account types. The choices are in the following paragraph.

Hotforex account types | A wide selection

You can choose between no less than 7 different account types with this broker, so we are sure you will find something that suits you just fine. The most basic account is the micro account designed for those who are new to the foreign exchange business. Only $50 is required to set this account up. Then there’s the premium account, with the initial investment requirement of 500$, created for more experienced retail traders. For zero spread account, on the other hand, you will have to invest at least 100$. Although this account can be useful to all types of traders, it’s primarily designed for scalpers and high-volume retail traders.

Currenex and fixed account also ask 500$, but the latter are tailored towards clients who want to trade with fixed spreads and allow you to implement trading strategies with maximum control. Auto account (also 500$) gives you free signals, which is great for beginners. For 20,000$, you can get the VIP account with 3 private 30 minute consultations with the broker’s senior analyst and many other interesting benefits. Naturally, every account uses hotforex MT4 trading platform.

All hotforex account types, except auto, also come in their islamic versions.

Hotforex account types | conclusion

We can conclude that hotforex’s offer of trading accounts is quite exceptional: they offer seven different types in the price range from 50$ to 20,000$, so you can definitely find something for yourself. The process of creating an account is very simple, plus you have loads of deposit methods at your disposal, meaning you can literally start trading within seconds. So if you want a reliable and experienced trading partner, look no more – open an account with this broker now!

Hotforex demo account - opening tutorial and review (2021)

Opening a HF markets demo account is a very natural and simple process to consider when you are thinking of trading through any of the hotforex account types in the future.

Also known as hotforex, HF markets is a top forex broker, and one with many options when it comes to trading, and you check our hotforex review to find them all if you wish.

If you are considering opening a HF markets live account, then a forex demo account can be a really great learning experience for you.

Luckily, we have prepared this complete tutorial, including images for you to follow when opening your HF markets account. This should help ensure the smoothest process possible.

72.90% of retail CFD accounts lose money

HF markets demo account opening tutorial

Taking the first steps to opening your HF markets demo account are really quite easy. Nevertheless, this can be genuinely confusing or daunting for some. This is especially true if you have never traded before, not even on a forex trading demo account.

In that case, relax and follow our step by step tutorial of opening a HF markets demo account.

Step 1 – getting started with your HF markets demo account

The very first step in getting your HF markets demo account up and running is to head on over to the home page. The address here will differ slightly depending on the focus of your trading.

If you are EU-based and trading under cysec regulation, then you will head over to the HF EU site. This is where we will primarily focus our attention, however HF markets and hotforex share the same demo account opening process. If you are not based within the EU, or you don’t know under which regulation you’re in, there’s nothing to worry about: this broker, once you try to access to their website, automatically redirects you to the right branch.

Once you have reached the homepage, as shown below, simply click on the demo button as highlighted in the top right corner.

From there, you will navigate through one information page where you should select if you are a new or existing client. You are then ready for the next step.

Step 2 – fill in registration form

The HF markets demo account registration form is slightly longer than some other top forex brokers in that you should enter your basic personal information together with your country of residence, date of birth, and which regulatory body you fall under. This is still all relatively simple and you should be sure to enter a verifiable email address and telephone number to make sure you can get started.

Once you have filled this form, actually you are almost there to having your HF markets demo account open and ready to trade.

Step 3 – HF markets demo account – what documents/information do you need?

As this is still your demo account, you will not require any documents to be verified in order to get started, although if you are thinking about opening a HF markets live account soon, it does not hurt to prepare ahead of time!

What you will need to do is verify the email address you used to sign up. Clicking on the activation link here as described below, will generate the information you need to log into your HF markets dashboard and trade with your demo account.

Step 4 – confirm the account via email/telephone

As mentioned above, your email will have to be verified. Simply go to your inbox and click on the link in the email you received. It is completely safe and an example is shown below.

Once you have done this, you will be automatically logged into your dashboard and a new ID and password generated for you.

The only thing to be careful of in this step is to make sure you also check your junk email folder when receiving the confirmation email as they can sometimes become stuck there.

Your very first login to your demo account should happen automatically when you click the activation link in your email. From here, your next stop will be your account dashboard.

Once you have reached your account dashboard, simply click on “open demo account” one more time from the taskbar above under “my accounts”. Once you have done this, you should see the following confirmation page which also includes a link to download your MT4 platform, and your trading platform login information.

Step 6 – choosing your HF markets demo account platform

HF markets is a metatrader broker, and although they do also operate their own multiterminal, the only platform of choice for you as a HF markets demo account holder is to download the MT4 trading platform.

A link will be provided for you to conveniently do this as shown above.

HF markets demo account review

Now that you have hopefully succeeded in getting your HF markets demo account up and running, let’s analyze a few of the more detailed points related to the account itself, while you can check our hotforex broker review for a more general guide on this player.

What types of HF markets demo account are available?

With HF markets, there is typically no restriction on the type of demo account which you can operate. This means that you can usually select between all of the available account types when choosing your demo account.

This selection will only differ depending upon your regulatory area, with the options available through cysec and FCA will be slightly different from what you can access through world markets.

HF markets demo account features, restrictions and differences with live account

Luckily, both hotforex and HF markets live accounts provides for all of the same benefits as a live account. The demo account is basically an identical replica of what you can expect from the HF markets live account.

Unlike some other brokers, the demo account also comes as unlimited. You can continue to use up to 3 demo accounts for as long as you please. These provide the ideal access to $100,000 virtual funds to hone your trading skills on MT4. If you are based under the regulation of cysec (europe), FCA (UK), SV (saint vincent), or FSCA (south africa), you will have the additional freedom to trade with MT5.

The major difference of course, as with any demo forex trading account, is slippage. This can sometimes occur, particularly during busy or volatile market periods of live trading. These cannot be simulated through a demo account, and so, this is the only small difference to look out for.

Advantages of trading with an HF markets demo account

Of course, we should take a moment to consider the many benefits which come attached to trading with a HF markets demo account.

The first and most obvious benefit is the fact that you are trading without risk. You are also doing this under conditions which exactly replicate the real-life, live account situations. This experience can be invaluable in helping improve your trading skills, and getting to know what works and what doesn’t when trading forex.

With both MT4 and MT5 (in most cases) available, and without limitation for up to 3 demo accounts, you also have a fantastic opportunity to learn all about these great platforms. They can also be used to continually test any of your strategies prior to implementation with a live account. This is something which could also save you both time and money.

HF markets demo account management

The final element related to HF demo account opening which we will cover is how to manage certain situations which may occur during the running of your account once it is open.

Expiring time

This is not generally something which you need to worry a great deal about since the demo account is unlimited in terms of how long you can leave it open and trading. The issue may occur though if your demo account is open and inactive.

After 29 days of no trading activity on your demo account, it will be closed without notification.

Restoring expired demo accounts

Again, restoring your HF markets demo account is not something you typically need to worry about due to the fact that the period of operation is unlimited.

As mentioned above, if it happens that you pass 29 days without trading, your demo account will be closed. Unfortunately if this happens, there is also no way to restore your previous demo account, although you can open up to 3 separate demo accounts at any one time.

Finally, as happens to all of us from time to time, if you lose any of your login details such as HF markets password, the best thing which you can do is contact the HF markets support team. They are always available to help.

72.90% of retail CFD accounts lose money

Looking for the best customer service in FX trading? Read our hotforex review today!

Website: www.Hotforex.Com

Phone: +357-24-400561

Office address:

Spirou kyprianou 50 irida 3 tower 10th floor,

Larnaca 6057

Cyprus

Hotforex is quite new to the forex trading market concerning the popularity and brand awareness, even though the company has been in operation since 2008. The broker has recently re-invented its customer-oriented attitude by offering an excellent customer service platform, which has enabled the company to receive a ton of awards from several recognized institutions from europe, asia, africa, and the middle east. The primary requisite for any broker to achieve recognition in the forex trading industry is to listen to their customers, which is exactly the strategy that hotforex followed to achieve immense success among global retail traders.
Hotforex is also extremely popular among introducing brokers and affiliates, and it is indeed seen as a positive approach by the company to promote its brand among lesser known markets. The company’s prime attention towards ensuring an excellent customer-service oriented brokerage service is one of the key reasons why existing hotforex clients continue to do business with the broker.
Hotforex regulation is also one of the hot topics of discussion among traders, as hotforex is one of the few brokers that have multiple regulatory statuses throughout the world. Hotforex is regulated by the st. Vincent & the grenadines regulatory authority, the cysec in cyprus, and the FSC of the republic of mauritius under the HF markets moniker. It is interesting to note that the broker has based its corporate offices in some of the highly popular tax havens in the world, which can be a bit of an issue with traders from countries such as the US and australia. US-based brokers are required to be regulated by the CFTC and be a member of the NFA to be able to offer their services to US citizens. Nevertheless, almost all the modern regulatory organizations these days are committed to the welfare of traders in general, which is a good thing, considering that the number of scams is increasing on a day-by-day basis.

What are hotforex trading account specifications?

Hotforex has covered a significant part of the financial markets by offering forex, metals, energies, indices, shares, cfds, etfs, and binary options through its different trading accounts. Hotforex certainly understands their clients’ tastes and preferences, which is why they have incorporated a multitude of trading instruments to offer a diverse product portfolio. However, when it comes to choosing an account, hotforex provides nine different types of accounts, which is a lot for the average trader. The minimum deposit required to open an account is $5, while the maximum hotforex leverage is 1:1000. In our opinion, the leverage is too high for a forex trader, but larger accounts have comparatively rational leverage to the tune of 1:400 or lesser margin. The different types of trading accounts are as follows:

EU clients:

Micro account: $50 deposit, 1:500 leverage, spreads from 1 pip

Premium account: $500 deposit, 1:400 leverage, spreads from 1 pip

Zero account: $100 deposit, 1:200 leverage, spread from 0 pip

Fixed account: $500 deposit, 1:400 leverage, fixed spread

VIP account: $20,000 deposit, 1:300 leverage, spreads from 0.2 pips

Auto account: $500 deposit, 1:400 leverage, spread from 1 pip

Non-european clients:

Micro account: $5 deposit, 1:1000 leverage, spreads from 1 pip

Premium account: $500 deposit, 1:400 leverage, spreads from 1 pip

Zero account: $100 deposit, 1:200 leverage, spread from 0 pip

Fixed account: $500 deposit, 1:400 leverage, fixed spread

VIP account: $20,000 deposit, 1:300 leverage, spreads from 0.2 pips

Auto account: $500 deposit, 1:400 leverage, spread from 1 pip

PAMM account: $250 deposit, 1:300 leverage, spread from 1 pip

European clients cannot receive bonuses and apply for the PAMM account.

The zero account, currenex account, and the VIP account options are ECN platforms that provide tight spreads along with a commission per trade. The auto and HF social accounts are social trading accounts that allow investors to copy trades from other successful traders. Hotforex has excellent trading conditions, and the only problem is that traders can be confused by the sheer number of options available, which can negatively affect the broker’s conversion ratio. On a positive note, hotforex offers an account for every type of trader, which is one of the reasons why hotforex continues to be a popular FX broker among modern traders. The hotforex spreads are also highly competitive, and the spreads starting from 1 pip for the standard accounts are acceptable.

All accounts have access to the full range of trading instruments, and can be traded using the MT4 as the standard hotforex trading platform. Meta trader is the most commonly used and highly popular trading terminal for forex traders, which has prompted hotforex to utilize several versions of the MT4 terminal across its different account offerings. The MT4 mobile apps for ios, android, and windows devices serve as the hotforex mobile trading platform, while the MT4 webtrader can be used for both desktop and mobile trading. The MT4 multiterminal can be used to manage multiple accounts, and is a useful tool for PAMM account holders or for traders who trade on multiple investor accounts.

How can I receive A hotforex bonus?

The broker offers an attractive hotforex bonus of 100% on the deposited amount either as a cash bonus or a credit bonus, which essentially doubles the equity in a trading account. Hotforex is one of the very few mainstream forex brokers that offer a bonus, and along with exceptional trading conditions, traders will find the bonus to be quite useful in trading. You can receive a bonus by just verifying your trading account, making a deposit, and by choosing your deposit bonus.
Deposits are taken care of through credit cards, bank transfers, online payment processors and e-wallets such as skrill and neteller. Traders can make instant deposits and withdrawals. However, withdrawals do take some when compared to the time required for deposits. Accepting a bonus also puts several trading conditions into play, which should be satisfied before making a withdrawal request.
Hotforex has multiple channels for customer support, including live chat, web contact form, active phone numbers, emails, and multi-lingual support. The broker has made it exceptionally clear that dedicate their service towards maintaining an excellent relationship with their traders by keeping their client’s welfare in their mind, and this is the very core principle of the company that is guaranteed to ensure the safety of the traders and keep them secure against broker issues in the highly risk financial markets.

Is hotforex a good broker?

Yes, the hotforex online broker is a very good choice for retail traders. They offer several account types to EU and international clients, are regulated by several bodies including cysec, CFTC and the FSC of mauritius, and offers attractive bonuses to traders in eligible jurisdictions.

Does hotforex have bonus?

Yes, hotforex offers clients in eligible regions a no deposit trading bonus. To claim this offer you must complete the registration process and enter the corresponding sign-up code. Terms and conditions and country restrictions apply.

What type of broker is hotforex?

Hotforex is an online STP/ECN broker which offers its clients several account types across two trading platforms. Most of the account types have STP execution policies, yet you can enjoy ECN trading opportunities by registering for a zero spread account.

What is the minimum deposit at hotforex?

The minimum deposit for an account at hotforex depends on the account type and region you are trading from. For international traders, micro accounts start at $5 deposits. For EU traders, premium accounts start at $100.

How long is hotforex withdrawal?

Hotforex withdrawal times vary depending on which payment method you choose. The broker will process your request within 48 hours, yet transaction times can take between 2-10 business days on credit cards and wire transfers. E-wallets are the fastest withdrawal method, with instant results after processing.

Hotforex registration

I invite you to register in the broker hotforex/ HF markets because this is one of the best companies through which you can operate in the market, this broker is known by the name of hotforex worldwide but for europe the brand is registered as HF markets since the end of 2018 after a change they made for clients in europe.

Whether you are going to register with hotforex from america or europe, this process can be started quickly from this entry by accessing the corresponding link according to your geographic location. The process of creating an account at hotforex is fast, simple and free, once you have your account you can decide if you want to open a real or demo account, keep in mind that with one hotforex user you can have several investment accounts.

Why register at hotforex for trading?

If you want to operate in the market with total confidence and security then yes or if you must create an account in this broker since it is one of the best that you can use both for the quality of its services and for its transparency, besides this something that guarantees its security is the quantity and quality of regulations that has positioning it as one of the best that currently exist to operate in the financial market.

I personally when I do trading I always choose the best options for this, although I recommend several brokers that are very safe I always tend to trade on hotforex as it is my favorite for both the reasons explained above and for the fact of having very low commissions for every trade that is executed, even this broker has a pretty good zero account with spreads starting at 0.0 pips and for his other types of accounts this broker has low commissions so it is a very cheap broker.

Where can I get more information about hotforex account types?

If you need more information about hotforex accounts, you can obtain this information from the broker’s official website, once you access the corresponding page, you can obtain this information by having or not having an investment account in hotforex, since this information does not require registration, but ideally you should create your own account to operate in the market.

On the other hand if you want a little more personalized and easy to understand information you can enter the publication that I made of the broker hotforex where I talk about its regulations, types of accounts, investment platforms and other things more. Remember that this broker is one of the best and you can not miss the opportunity to create an investment account with them so I invite you to do it now from this entry.

What do I do if I am from europe?

If you are from a european country as I said from here you can create an account at HF markets, remember that if this is the case being from europe you have to verify a lot of personal data and renew some of them every 180 days according to the regulations and rules established within the european territory.

Both hotforex and any other duly regulated broker in europe must adhere to the rules of the european territory and one of them is that the residence documents must be updated every six months as this periodically validates that the client data are correct.

Let there be no doubt that hotforex is an excellent broker

There should be no doubt at any time that hotforex is an excellent broker and one of the best you can use to trade real money in the forex market, such a company offers the most comprehensive investment services that can be used and apart from that they are transparent in every sense of the word being one of its core values as an investment services company.

Risk warning: cfds are a difficult product to understand and the CNMV believes that they are not suitable for retail investors due to their complexity and risk.

Warning for people in the european union: cfds are complex instruments that carry a high risk of losing money quickly due to leverage. Between 74-89% of retail investor accounts lose money when trading cfds. You need to understand how cfds work and whether you can afford to take the high risk of losing your money.

You may also be interested:

My name is leonardo muñoz and I am the author of "tu blog de forex", here I give information of the best forex brokers and cfds. Know the best trading platforms you can use and the best strategies you must follow as an investor in any economic scenario. But first of all remember that trading carries a high risk of capital loss so you have to be careful because the return is not guaranteed.

Hotforex

Trading instruments somewhat limited

Banking options limited

No real promotions

Min deposit

Max leverage

Mini account

Bonus

Platforms

Withdrawal options

Review

Comparison

Review

Introduction

They have won numerous awards since they started their business operations, including being part of the top 100 companies list that was compiled by the world finance magazine in 2017.

On the hotforex platform, there are 27 different languages catered for.

Founded in 2010 in mauritius

Regulated by numerous respected bodies

Winner of many esteemed awards

Trading conditions

Leverage is going to change depending on the type of account and the type of instrument you are looking to trade.

6 different account types to choose from

Competitive spreads

Flexibility of options

Products

In terms of the trading instruments offered by hotforex, you can deal with everything from cryptocurrencies, forex, metals, indices, shares, energies, commodities and bonds.

There are more than 50 different currency pairs available and they currently have 53 different shares available as part of their offering.

53 shares available to be traded

Over 50 currency pars to be traded

Regulation

Under their official name of HF market group, they are regulated in a number of different territories.

With such wide ranging regulatory bodies approving of hotforex, you can sleep well at night knowing your funds will be kept safe.

Regulated by numerous respected bodies

Platforms

There are many different features and tools available to you as part of this platform which helps to enhance the ability of the trader.

Variety of metatrader platforms to choose from

Proprietary trading platform option

Mobile trading

There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps.

Quality mobile offering

Pricing

With hotforex, the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them. There are seven different account types in total.

The typical spread you can expect for EURUSD is 1.2 pips

Competitive spreads

Variety of pricing models depending on account type

Deposits & withdrawals

The minimum required deposit for a bank wire transfer is $250, with the minimum required deposit for all other options being set at $50. Hotforex do not charge any fees for these payment options.

Processing times are average

Payment options somewhat limited

Customer support

Customer support available 24/5

Comprehensive FAQ section

Research & education

All of these resources are available to anyone and they are ideal for those trading out their trading journey and more experienced traders alike.

Noteworthy points

Hotforex has a VPS hosting service if you need it and they have a whole host of trading tools, calculators and market analysis all in one place that will fit all of your needs.

It really is a one stop shop for all of your trading needs, as they look after the needs of their users from start to finish.

The platform is easy to use and with more than 27 languages catered for, they cover most of the bases.

Support of numerous charitable organisations

Over 27 languages

VPS hosting service

Conclusion

Hotforex is a one stop shop for all of your trading needs, whether you are new to trading or have many years of experience

They have a great education centre which will allow you to educate yourself on all manners of training, as well as keeping up to date with the latest market analysis.

Overall, hotforex is one of the best brokers on the scene today and are definitely a great option if you are looking for a new broker.

Comparison

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Hotforex review: pros & cons

In this hotforex review, we will take a look at the broker’s regulations, their trading assets, fees, and the hotforex MT4 platform. We will also dive deeply into the different account types at hotforex broker and will try to make it clear who they are suitable for.

Hotforex and HF markets are unified brand names of the HF markets group, which provides reliable, award-winning services to clients all over the world.

Hotforex is a multinational company that has been in the field since 2010. Moreover, the company currently has over 2.5 million live trading accounts, and over 200 employees spread worldwide.

The company also offers its live trading services in 27 languages and has successfully taken advantage of the explosive growth in online forex trading. This explosive growth has helped the company to increase its market share on an international scale.

Hotforex is regulated in six different countries, and it claims that it gives priority to transparency and security above all else.

Hotforex review – regulations & trading assets

According to the company, traders can choose from +1000 different assets, and all the internal processes are implemented with the help of modern technological advancements.

According to the company, the topmost asset is their traders, and they are extremely important to the operation. This is why the company focuses on offering an excellent trading environment for its traders.

The spread starts at 0.1 pips without commission and 0.0 pips with a commission. This offers a versatile trading environment to the traders, and the company employs a transparent rollover policy offering positive swap rates that are easily credited to traders’ accounts. All the client funds are kept safe and secure with the help of major banks worldwide.

The customers have free access to a wide variety of trading tools that help them make well-informed decisions for their investments. These tools include free VPS hosting for automated trading solutions, multiple account types for multiple trading options, and expert advice for trading.

Hotforex also offers amazing brokerage services, and the traders can participate in weekly webinars and QA sessions with the experts of the industry. This helps them lay a solid foundation for their trading accounts. Moreover, the clients can also get negative balance protection and tailored solutions to earn additional income with live trading.

Hotforex fees

This hotforex review aims to explore the company’s different aspects to offer a better understanding of its internal structure and processes. Firstly, hotforex has no hidden charges. The company only generates its fees and revenue from the different types of spreads and commissions offered to the traders.

If you are familiar with live trading, you must understand that spread means the difference in bid and ask prices.

Hotforex currently offers a spread as low as 0.1 without commission and 0.0 with the commission. The 0.1 spread is only usable for premium accounts, and there is no commission or fees associated with this type of spread.

However, if the traders choose to go with a 0.0 spread, they will have to pay a little commission on their investment. The company also charges fees on indices at a rate of USD 1 per lot or on CFD stocks at 0.10% of the total trading value.

One amazing thing about hot forex is that it reimburses its traders for any deposit fees they have had to face with their payment provider or bank transfer. This shows that the company cares for its traders and does not believe in any hidden charges.

Hotforex MT4 and MT5 platforms

If you are interested in learning more about the different swap rates or rollover rates, you can head over to the hotforex MT4 & MT5 trading platforms to get a better understanding of these rates. The hotforex MT4 & MT5 will offer you a detailed breakdown of the different swap rates or rollover rates for different types of live trading accounts.

The first thing you will have to do is right-click on the desired symbol in the hotforex MT4 & MT5 platforms and go over to the “market watch” window to select “symbols”. Once you have selected this “symbols” window on the hotforex MT4 & MT5 platforms, you can then select your desired currency and check the “properties” on the right-hand side of the screen.

You will have to scroll down on this properties screen until you see the “swap long” or “swap short” option. This will tell you the different swap rates associated with your account and other premium accounts for trading.

Hotforex review – trading options

As already mentioned in this hotforex review, its platform allows the traders to invest in over 1000 different trading options and assets. This allows traders to enjoy different options to minimize the risk as much as possible.

The most popular choices at hot forex include cfds on:

Cryptocurrencies

Energies

Commodities

Rare metals

Company shares

Indices

Etfs and DMA stocks

Bonds

What are the different account types at hotforex?

This hotforex broker review aims to explore all the different aspects of hotforex that may be useful to interested traders. One of the most important elements of understanding this hot forex broker review is understanding the different kinds of accounts available to the users.

While conducting this hotforex broker review, our team understood the different types of user accounts available for the traders. There are six different account types available to live traders and interested traders at hotforex. However, there are some regions where the company offers fewer account types.

The different account types come with different minimum deposit rates, spread options, and commission fees. Let’s explore the different account types in our hot forex broker review.

What is the premium account? Who uses this account?

The first type of account you should know about is the premium account. It is one of the most highly used accounts at hotforex.

During our hot forex broker review, we found out that this account is most commonly preferred by new traders or professional traders who have been in the field for over a few months.

Additionally, we also found out that this type of account is most popular among traders with account balances below 5000 british pounds or US dollars. This account is famous for offering an amazing trading experience and a low minimum deposit of $100.

This most positive selling point of this account is the low deposit rate as it helps different traders lay down a strong foundation before moving on to other options.

What is the zero spread account? What are the benefits?

In our hotforex review, we also reviewed the zero spread account for traders. The traders get to enjoy as low as 0.0 pips but have to pay commission. Moreover, the minimum deposit also starts at USD 200.

Here are the different elements you should know before choosing this account for yourself:

Raw spreads with 0 markup

Low costs for international markets

Low commissions

Super tight spreads

Minimum deposit of USD 200

What is the hfcopy account?

Next up in our hotforex review is the hfcopy account. This account allows professional traders to help out amateur traders by offering tailored strategies for investments.

The professional traders can earn their income on the fees charged to their followers. The followers have to pay for the strategy, but they are guaranteed higher chances of success.

The maximum fee is 35%, and the minimum deposit for a strategy provider is USD 1000. The minimum deposit for followers is USD 300. The minimum spreads begin from one pip. The maximum total trade size is 60 standard lots per position, and the minimum trade size is 0.01 lot.

The traders can also enjoy a trade size increment of 0.01 with a stop out level at 80%. This kind of account also offers you the option of telephone trading and a personal account manager. This personal account manager will help you take care of your different investment options. The maximum number of followers you can have is 400.

What is the islamic account type? What makes it different?

This account is the same as a premium account or zero spread account. However, one of the major differences of this account is that it follows islamic law and is not a swap account. The users get to enjoy a swap-free trading experience.

What is the micro account for hotforex?

This account is also perfect for new users and potential traders who have a low balance and want to enjoy a minimum deposit of USD 5. However, in our hotforex broker review, it is rarely used as the premium account is also an excellent option for traders but with a minimum deposit of USD 100. The majority of new traders go for the premium account as it offers more benefits.

Hotforex free tools for traders

As already mentioned, hotforex account users get access to a wide variety of free trading tools that help them make the right decision and earn a secondary income source. During our hotforex broker review, we found out that these tools are designed to enhance their trading experience and help them find the best trading opportunities depending upon their financial status and current balance.

Moreover, these tools also help understand the market in a better way and allow the different traders to enjoy the maximum potential of hotforex. If you head over to the “tools” section of the hotforex website, you will see hundreds of different in-house tools or third-party tools available for traders at no additional cost.

All of these tools have service-specific purposes for different users and help the traders make the best possible decisions. Let’s take a look at some of the best tools we found during our hotforex review.

How does the premium trader tools pack help traders?

During our hotforex review, we found out that the most commonly used tools are the premium trader tools. This package is filled with the different tools that help you enhance your trading experience and allow you to take a quick look at the forex market to see how you can enjoy the different trading options according to your budget.

This is an in-house package from hotforex that offers a wide variety of trading tools at your fingertips. You can use these tools to get a basic overview of the ongoing trends in the hotforex market, and you can also see what options are going at the top to invest your money in the right place at the right time.

What is the benefit of using the autochartist tool at hotforex?

This is not an in-house tool but a third-party scanner tool that helps you identify the different patterns and trends available in the market right now to help you make the right decisions for your investment and trading opportunities. It can analyze the market by itself and offer you the topmost patterns currently in trend and can help you bring in the most revenue with your budget.

Hotforex autocharist tool

If you are using the hotforex MT4 platform or MT5 platform, you will get this for free, and you will be able to use this to analyses and understand the market more efficiently. It is an automated pattern identification tool that can help traders with different account types to understand the ongoing patterns before investing their money.

Here are the topmost benefits of using this tool for yourself:

Identification of three types of patterns: chart patterns, fibonacci patterns, and key level patterns

Available 24 hours A day

Easily understand and view different opportunities in the market

Time efficiency with automated scanning abilities for traceable patterns

Multi-language email market reports and alerts

Customizable filter and refinement options for custom watch list

Volatility analysis

Useful insight into instrument movements

The first market scanner for hotforex MT4 platform

Easy to use

What is VPS hosting and how does it help the traders?

This is a must-have tool for all beginners and professional traders looking to make the best of their hotforex account. If you are also interested in deploying this tool and taking care of your trading operations throughout the day, VPS hosting is the perfect option for you.

Hotforex VPS

The specialized servers help you take care of your trading operations and requirements around the clock, and you will get to enjoy the best out of your hotforex account with 24/7 operations. There are three different types of server options for users.

In this hotforex review you will find the topmost benefits of using VPS hosting for yourself:

24-hour trading

Reduced latency

Minimize downtime

Compatible with all eas

Password protected connections

Global access

Easy installation

Easy to use interface

Smooth running

What is hfcopy and how to make the best of this tool?

If you think you have gained enough experience to become a strategy provider for new investors and traders, the hfcopy tool is here for you. This tool allows you to use your trading experience to develop tailored strategies for new investors and traders. It allows you to charge a fee for your services.

Moreover, this tool is also perfect if you are a new trader, and you want somebody to help you with coming up with the most powerful strategy depending on your budget and requirements. This tool automates the entire process and connects successful traders with beginners.

It allows different people to connect minds and share their knowledge of the market to get the best out of their hotforex experience. New traders will be able to enjoy innovative trading solutions from experienced traders, and they will also be able to get refined results with shared knowledge.

This also allows successful traders to generate a secondary revenue source other than their own trading experience and opportunities. They can create different strategies for new users and generate more capital for their personal investment options. This is an automated trading tool with mutual returns for both leaders and followers..

Hotforex mobile application – HF APP

HF app allows traders to have constant control over their account and stay up-to-date with everything forex, on the go. Feature-packed and with an easy navigation HF app is the essential forex app for traders who want to keep up to date on the markets, plan their trades and keep an eye on performance from anywhere. Some of the features of HF app are:

Direct access to a personal account

Deposits, withdrawals, and transfers on the move

Daily market analysis and live quotes

Economic calendar

Trading calculator

Can traders take advantage of hotforex bonuses?

Hotforex offers three types of bonuses:

100% supercharged bonus: it is automatically calculated and credited and can be either traded or withdrawn.

100% credit bonus: it increases the account leverage and can be withdrawn if traders meet volume requirements

30% rescue bonus: it is intended to protect accounts from drawdown periods.

Hotforex review – deposits and withdrawals

Hotforex currently allows different options for deposits and withdrawal, such as:

Bank transfers

Wire transfer

Credit cards

Debit cards

Skrill

Neteller

Bitcoin

There are no maximum deposit limitations for wire transfers or bank transfers. However, there is a limit per transaction of USD 10,000 when you use credit or debit cards and other online payment methods.

Most deposit options are also withdrawal options and both AML regulations apply. The minimum withdrawal amount is USD 100 for wire transfers and USD 5 for most of the other options available. Withdrawals for most online payment methods are processed instantly whereas for cards and wire transfers it may take 2 to 5 business days to see the amount in your account.

One of the best features of using hotforex for your trading experience is that it does not apply any deposit fees you do not have to worry about paying any additional charges or transaction fees on your trading amounts this way.

What are the frequently asked questions for hotforex (faqs)?

Where is hotforex from?

Hotforex is an international brokerage firm, and it is registered in multiple countries. It currently operates from the EU, the UK, the UAE, south africa, and other countries.

How does hot forex generate its revenue?

Hotforex makes money from the commission and spreads across different account types. However, if the users try to go for VPS hosting services, hotforex can also charge money if the users do not meet the minimum deposit requirements, but they still want to use this option.

Is hotforex regulated?

Yes hotforex is regulated by different authorities all over the world, such as:

The cyprus securities and exchange commission (cysec)

The financial conduct authority (FCA)

The dubai financial services authority (DFSA)

The financial sector conduct authority (FSCA) in south africa

The seychelles financial services authority (FSA)

The financial services commission of the republic of mauritius (FSC)

Final words

During this hotforex review, we found out that hotforex caters to the needs of different traders from all over the world, and it is truly amazing for beginners and professionals alike. The ease of investing money, depositing funds, using tools, and understanding the market patterns helps hotforex stand taller than other trading platforms in the market.

Hotforex is truly a remarkable international brokerage firm that is not only registered and regulated in different countries, but it is also among the best trading platforms when it comes to low deposit amounts, best swap rates, and an easy-to-understand pricing structure.

This platform is intended for use by different types of traders, from beginners to professionals. Moreover, this platform is also perfect for high-frequency traders and scalpers who want to make the best trading experience with automated tools and an easy-to-use interface.

Additionally, hotforex also reimburses its clients for any transaction fees charged by the bank for fund deposits, etc. The availability of hundreds of different automated tools also makes it among the best trading platforms for new users who want to feel the market before getting started with big investments.

Furthermore, the hfcopy strategy account allows new users to get in touch with professional traders to get the best investment strategies. This is a big win-win situation for both professional traders and beginner traders. Professional traders can also generate a secondary revenue source by getting a portion of the fees charged for beginners. Hotforex is definitely worth the try if you are interested in the trading business.

Disclaimer: products and services differ based on the entity of HF markets group

so, let's see, what we have: the all-in-one account management solution which allows complete control over your trading and financial operations. At hotforex account