Hotforex Review Is A Relatively New Forex Broker Offering A Wide Range Of Contract For Difference Products. The Company Was Founded In 2010 And Is Headquartered In Port Louis, Mauritius. In Addition To Its Headquarters, It Also Has Eight Other Offices Spanning Across The Globe. The Broker Is Owned And Operated By Hf Markets Ltd., Which Has Grown To Be Considered One Of The Pillar Members In The Industry. They Have Earned The Respect Of Traders And Developed A Good Reputation Because They Have Raised Their Standards With Regulation By Some Of The Top Regulatory Agencies In The World. Hotforex Offers Over 35 Forex Currency Pairs, Cryptocurrencies Including Bitcoin, Indices, Shares, Bonds, Gold, Silver, Energies, Commodities And Cfds For Your Personal Investment And Trading Options.
HotForex Company Details
| Headquarters | Cyprus |
| Regulation | CySEC, FCA, DFSA, FSCA, FSA, CMA |
| Platforms | Metatrader 4 And Metatrader 5 |
| Demo Account | Available |
| Minimum Deposit | 5 US$ |
| Base Currencies | USD, EUR, NGN, JPY, ZAR, AND THB |
| Instruments | Forex, Indices, Metals, Energies, Shares, Commodities, Bonds, ETFs, DMA Stocks, and Cryptocurrencies |
| Payments Methods | Credit Card, Debit Card, Neteller, Skrill, Sofort, Fasapay, Webmoney, Bitpay, Payretailers, Payredeem, And Bank Transfer. |
| Customer Support | 24/5 |
Hotforex Accepted Countries
Hotforex Accept Traders From Countries Like South Africa, Africa, Cyprus and Kenya
If You Want To Start Forex In Malaysia, Especially If You Already Have Some Previous Experience. All You Need Is Capital To Deposit In A Forex Account. You Can Use That Capital To Trade-in Currencies To Earn More And More Profit Every Month.
HotForex Pros And Cons
Hotforex Is One Of The Leading Forex & Cfd Brokers On The Market. The Primary Regulator Is Cysec In Europe, Although They Are Also Regulated By The Fsca In South Africa And Have Several Other Licenses In Europe. We Would Say Hotforex Is A Broker With A Good Reputation And Regulations.
PROS
CONS
- 1. Deposits And Withdrawals Are Free Of Charge.
- 2.Good Copy Trading Offers A Proprietary Trading Platform For Forex Traders.
CONS
- 1.Services May Differ Depending On Your Region.
- 2. The Site Has No Social Trading Feature.
HotForex Accounts Types
The Hotforex Broker Provides Three Account Types Namely The Micro, Premium, And Vip Account, Which Provide Traders With A Wide Range Of Features Depending On Their Individual Needs. The Accounts Include The Micro Account With An Initial Deposit Requirement Of $5. Additionally, The Premium Account Requires An Initial Deposit Of $500 While The Vip Account Requires $20,000 To Start Trading
| Micro Account | Yes |
| Premium Account | Yes |
| VIP Account | Yes |
HotForex Registration
HotForex Platform & Tools
Hotforex Allows You To Use A Trading Platform. Metatrader 4 And Metatrader 5 Are Very Popular And Powerful Trading Platforms. Metatrader 4 And Metatrader 5 Allow Traders To Access The Financial Markets, And Hotforex Takes Advantage Of The Best Features Of Each. This Provides The Perfect Trading Environment, Whether You Choose Mt4 Or Mt5.
| Metatrader 4 | Yes |
| Metatrader 5 | Yes |
| Mobile | No |
| Web | No |
| Desktop | No |
| Ctrader | No |
HotForex Copy Trading
Copy Trading Is An Excellent Tool For Traders Of All Experience Levels. It Allows New Traders To Make Trades From Their Own Accounts Based On The Strategies Of Other, More Experienced, Traders. It Can Also Benefit Experienced Traders By Allowing Them To Diversify Their Portfolio And Generate Additional Income By Inviting Other Traders To Copy Them.
HotForex Copy Trading Features
- High Leverage Is Accessible Depending On The Area Of Specialization.
- The Broker Offers An Excellent Range Of Copy Trading Features.
- The Broker Offers A Range Of Trading Strategies.
HotForex Deposits
Hotforex Provides Their Users With The Deposit Methods They’d Expect From A Major Broker. These Methods Include Wire Transfers, Deposits By Credit And Debit Card In The Form Of Visa And Mastercard, And Ewallet Deposits. Wire Transfers Can Take Up To 2 Days, Card Deposits Typically Take Around 24 Hours And The Same For Ewallet Methods.
| Credit Cards, Debit Card | Yes |
| Neteller, Skrill, Sofort | Yes |
| Fasapay, WebMoney, Bitpay | Yes |
| Payretailers, Payredeem | Yes |
| Bank Transfers | Yes |
HotForex Withdrawal
Hotforex Bank And Ewallet Withdrawals Are Available Through Many Different Options Including Wire Transfers, Credit/debit Cards, And Ewallets. Most Methods Are Available To Most Areas, Though You Should Check With Your Specific Jurisdiction To See What Is Available. Hotforex Withdrawals Are Typically Processed Within 8 Hours. Wire Transfers And Credit/debit Cards May Take A Couple Days Before The Funds Appear In Your Account.
HotForex Minimum Deposit
The Minimum Required Deposit Is $5 And The Minimum Trade Size Is 0.01 Lots, While The Spreads Are From 2 Pips. You Can Open An Account With Hotforex From Anywhere In The World Except Usa. We Highly Recommend The Hotforex Mt4 Trader For Windows For Desktop Trading, However Mobile Apps Are Available For Both Ios And Android Devices.
HotForex No Deposit Bonus
The No Deposit Bonus Program Enables Traders To Test The Forex Broker Trading Environment Using An Initial $30 Sign-up Bonus. Fill In The Registration Form To Receive Your No Deposit Bonus.
HotForex Promotion
The Hotforex Rescue Bonus 50% Will Be Credited To The New Funds Added To Your Account During The Promotion Period, Or To The Existing Account Funds As A Result Of Successful Internal Transfers From Another Existing Account. With The Hotforex Rescue Bonus You Will Gain An Extra 50% On Every Deposit, Thus Being Able To Have More Margin Available For Trading.
HotForex Customer Service
Hotforex Customer Support Team Is At Hand 24 Hours A Day, 5 Days A Week To Give You The Help And Service You Need. We Are Here To Serve You From The Moment You Approach Us Until Your Grievances Are Resolved. If You Ever Have Any Comments, Complaints Or Queries Just Fill In Our Online Form, Contact Us By Phone Or Email, Send Us An Online Message, Or Chat Live With A Member Of Our Support Team.
HotForex Contact Details
- [email protected]
- +44-2030978575.
HotForex Review Conclusion
Hotforex Is A Forex Broker That Provides An Online Trading Solution For Its Customers. The Company Strives To Provide The Most Accessible, Lowest Cost And Most User-friendly Trading Platform Worldwide. It Offers A Comprehensive Range Of Accounts, Platforms, Premium Trader Tools, Tight Spreads, Educational Resources, And Instruments. It Also Offers Some Other Benefits Such As Free Vps Services And Free Automated Trading Platforms.
