Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

All Customer Reviews & Comments about HotForex Forex broker

Add review
(0/5)
Please rate this company from 1 to 5 stars
Required field
Required field
Required field

Sort by:

date
usefulness
Chelsea 17 March 2023

Advantages: Fast payouts, timely withdrawal,smooth execution, low spreads, leverage

Disadvantages: na so far

Comment: I have account with this broker since 2020 lock down and so far i have no issues trading and withdrawig profits from them.

Comment
Add a COMMENT
Nica 10 March 2023

Advantages: well known with a decade old in the space of forex

Disadvantages: they do not accept us based traders

Comment: over all the broker is pretty decent, might as well put them among the top 7 of all forex brokers in the space, multi regulations with very good platforms. wuiet satisfied with they services

Comment
Add a COMMENT
Jay Haynes 30 January 2023

Advantages: Minimum deposit is actually low

Disadvantages: Technical analysis isn't always correct, not so many payment options, customer support doesn't respond

Comment: Well, it's a reliable broker, but I've noticed way too many disadvantages that ruined my trading experience, so only 3 stars. The minimum deposit there is pretty low, and I think that's the only advantage. It's possible to find a better broker, that's for sure, but for some people, it can be a good option too. It just wasn't a good choice for me, and that's why I'll definitely turn to another broker.

Comment
Add a COMMENT
Billy Graham 12 December 2022

Advantages: None

Disadvantages: At least 3 more brokers managed by other legal entities are registered at the specified address The trading conditions are unclear, there are many discrepancies between the statements on the website and the conditions in the account (after registration) Unreliable license (the regulator is not trusted)

Comment: I've been trading on this broker for a year. The pros are displayed quickly, the cons are often closed at the closing price, and this is a minus for the trader. How many times I wrote to them why there is no refund like other brokers, it is useless. I withdrew the money and left him, the last straw was a deal closed in the negative, whereas on their chart it was in the black, closed at the opening price.

Comment
Add a COMMENT
Nicholas Briggs 06 December 2022

Advantages: Multiple tariff plans High-quality technical support in 5 languages 20,000+ active traders Table of market information on the website

Disadvantages: The site is not always available, individual pages may also not open There are many complaints about cheating with quotes and delaying the withdrawal of

Comment: I want to write that the training materials and information that the manager sent me for free by email could be sold for money. Really interesting manuals, but in my opinion, the most valuable thing is that you can call a personal manager and he explains what I didn't understand myself. I am new to trading and this is important to me. Thank you

Comment
Add a COMMENT
Adrian Rose 01 November 2022

Advantages: A large number of educational materials Competent customer support service Professional trading tools Stable working terminal

Disadvantages: No

Comment: Recently refilled. The whole process went smoothly, there were no hitches anywhere. I deposited money through the bank, all 2500 were credited to the account. It took me a couple of hours to mastership their trading platform, of course, I have not mastered the basic functionality. I have already made three orders on major account and everything is OK. There is a lot of work. There are a lot of interesting things to earn on. It is a powerful broker, I liked it.

Comment
Add a COMMENT
Hector White 01 November 2022

Advantages: Educational materials for beginners Availability of a demo account Multi-channel support service Stable operation of terminals Variety of tools available There are many ways to deposit and withdraw funds

Disadvantages: Poor-quality technical analysis (according to reviews on the Internet)

Comment: That broker is reliable and works absolutely transparent with traders. I know from experience that you have to read all documents in order not to get into silly situations with fees and other nuances. Yes, you need to understand and read, but everything is honest. I have studied the docks of different brokers, including those who pay by word of mouth and offer a lot of benefits, but in fact it is more profitable to work through a broker. I have no problems with withdrawal, all operations through their bank are fast.

Comment
Add a COMMENT
Mphatso 15 October 2022

Advantages: Good spreads; good execution

Disadvantages: I don't see any

Comment: I trade on a Zero Spread account. It offers 1:500 leverage and good spreads – the thing I need for active intraday trading. I work on many timeframes starting from M5 till D and therefore good spreads are important for me. As for execution, it’s hassle-free here.

Comment
Add a COMMENT
Patrick Abbott 11 October 2022

Advantages: Multi-channel support service There are many ways to deposit and withdraw funds

Disadvantages: No

Comment: He worked independently for several months. The investments were minimal, went either to zero or with a very small plus. But it didn't merge and that's good. Then I connected the robot, but even this did not bring me any stunning success. I've heard a lot about the fact that there are worthwhile Pamms here and decided to try it too. I chose this pamm because his “experience” has been more than 8 years, his own capital is more than 40 thousand and there are a lot of investors. All this suggests that this is a good working option. By the way, the profitability shows high. My investments in PAMM are $1000. I want to watch for a few more months, maybe six months, and if everything goes well, I'll add another 2K. While it is too early to make final conclusions, but according to the results of the first month everything is very pleasant, I could not even dream of such results with independent trading!

Comment
Add a COMMENT
Christo Mashele 30 September 2022

Advantages: Minimum deposit amounts, narrow spreads, abundance of data, copytrading functions

Disadvantages: Too much leverage. Irresponsible traders can get wiped out fast.

Comment: Absolutely convenient to trade with them since they are about making your job real easy. Great terminal and features.

Comment
Add a COMMENT
Brandon Bond 07 September 2022

Advantages: A broker with a serious reputation and experience in the market Availability of a brokerage license The account is opened instantly Reliable trading terminals Minimum spreads Large selection of assets

Disadvantages: Not found

Comment: Opening an account is not difficult, and the verification is appropriate. It takes a day to verify. In comparison, at another broker I was asked three times to redo already clear scans, then just dragged out the time until I gave up on everything and gave up on this broker. The broker is very fast, and the support is nimble and responsive. I opened a 10 and I opened a 10 and I put a lot of money in to test the broker. I opened a ten and deposited only 70 bucks. I wanted to see how everything worked here before I deposited a large amount. I was pleasantly surprised. I liked the way the platform works, no lags, orders are opened and closed properly. I have compared the quotes and found out that everything is clean and there is no cheating. In two weeks I have made 117 and 70 dollars. This is the net result, taking into account all the successful and unsuccessful trades. While I do not know how quickly the money will be returned, but the fact that you can quickly and with minimal cost to get to work - that's for sure. Ah yes, I forgot to write that I got a bonus when I opened the account. It was a nice change. Trying to keep working!

Comment
Add a COMMENT
Reece King 12 July 2022

Advantages: Low minimum deposits Narrow spreads

Disadvantages: I didn't find any serious ones

Comment: According to the terms, everything suits me. When I first started working with them, I used their training, including. Not so long ago, I decided to write an indignant review regarding the delays in quotes at the beginning of every minute. While I was regaining resources, I received a letter from the company with advice on how to fix it. And so they turned out to be out of business. I have two terminals, each with 12 tools, and 2 robots for each tool. And robots do the bulk of the calculations in the first minute of each minute bar. And this, as it turned out, slowed down my computer very much, from where there were delays until the calculations ended. I messed around a bit with the settings and with the computer, now everything works like a watch. And the need to be indignant naturally disappeared, well, once I registered, I decided to describe my situation after all.

Comment
Add a COMMENT
Aiden Nicholson 07 July 2022

Advantages: Huge database of analytics, free tools Large selection of assets and currency types Account insurance Accurate quotes Operational work of technical support Fast video verification

Disadvantages: No

Comment: There was a situation with withdrawal. I put it on the map. A day or two, but there is no money. I thought I wouldn't see it anymore. I wrote to support. Promptly solved my question.We have thrown off data to track the transaction. And literally a day later they were already on the balance. There were some delays on the part of the bank. And so I like everything.

Comment
Add a COMMENT
Andrew Marshall 06 June 2022

Advantages: Simple verification A large number of assets Favorable trading conditions Demo account Profitable affiliate program

Disadvantages: None

Comment: For several years of trading and investing in various traders, I have not had any big problematic issues, complaints. All agreements are clearly observed, there is nothing to reproach the broker with.

Comment
Add a COMMENT
Reece Woodward 03 May 2022

Advantages: Bonus program Modern terminal Affiliate Program

Disadvantages: None

Comment: For 2 years of trading in maximarkets, I received a very good income, which allowed me to part with an unloved job. I like everything here: platform, tools, spreads, account types, support. There have never been any problems with withdrawing money. Many complain about managers. Well, I don't know, they don't bother me. Analytics is commendable. I use it in my trading. In short, I am personally satisfied with the trade.

Comment
Add a COMMENT
Cameron Nolan 21 March 2022

Advantages: It offers excellent trading conditions for both beginners and experienced traders. It provides high quality customer service with 24/7 It has a wide range of platforms including WebTrader, mobile apps and desktop platform. The platform is easy to use and has an intuitive interface

Disadvantages: There are no any educational services provided by this broker

Comment: If you are not new to trading, then it will be even easier for you to do business with this broker without training.

Comment
Add a COMMENT
Ali Asghar 03 March 2022

Advantages: Hotforex has swift trading execution with low spreads and easy withdrawal.

Disadvantages: I suggest them adding the crypto assets in their trading list.

Comment: The hotforex broker trading execution is smooth with lowest spreads on majors and average on other pairs. The profits can be withdraw swiftly. Mine withdrawals are processed within one business day. Its a good broker worth giving try.

Comment
Add a COMMENT
Brandon Thompson 02 March 2022

Advantages: Favorable trading conditions and low spreads - from 0 points Control by multiple regulators No fees for account replenishment and bank transfers

Disadvantages: The terms of withdrawal of funds do not always correspond to the specified There are few account currencies, which is why some customers have to pay for double conversion

Comment: I have an account in Hotforex, but I rarely trade here myself, recently I started noticing innovations on the site, decided to throw a few hundred to test a new terminal, I really liked it, it turned out to be a good plus in a short time. I am glad that the company continues to develop, traded on fixed spreads, brought it to the Russian card, it came pretty quickly, less than a day.

Comment
Add a COMMENT
Nathan Naylor 02 February 2022

Advantages: The broker compensates the commissions of payment systems for replenishment and withdrawal A good selection of training programs and analytics Several options for demo accounts The broker covers the fees for deposits and withdrawals

Disadvantages: The choice of electronic payment systems for replenishment / withdrawal is quite modest Registration is quite easy, but while it is going on, it is impossible to get acquainted with the conditions on other types of accounts

Comment: One of the market leaders in Runet as for me, there are no problems that could affect my desire to trade here. In my opinion, the old dinosaurs of the Russian market have already eaten up and spit on their clients leaving only at the expense of a well-known name, and this broker does not allow himself to do this. If someone asks me where it is better to open an account, I will certainly advise him hotforex.

Comment
Add a COMMENT
Fatima 21 January 2022

Advantages: Handsome bucket of trading pairs, low spreads and good leverage, timely withdrawals and deposits

Disadvantages: Should include bitcoin and other crypto pairs again for trading

Comment: Hotforex has a handsome bucket of trading pairs with low spreads and good leverage i.e., i am using 1:1000 for now on mt4. Withdrawals are easier and the deposits are instant too.

Comment
Add a COMMENT
Bailey Bird 06 January 2022

Advantages: The main advantage of using a broker such as HOTFOREX is leverage. This allows traders to take big risks without losing a lot of money if they encounter unexpected volatility or market movement. The disadvantage of using this broker is that they do not provide individual service, do not return money on open positions and offer short trading hours of only 8 hours a day.

Disadvantages: None

Comment: I found the broker easy to use, and I managed to make a trade in a shorter time with excellent results. I really enjoyed using the services of this broker, and I will recommend it to my friends. I liked trading with this broker because it had a good spread and leverage.

Comment
Add a COMMENT
John Paulsen 04 January 2022

Advantages: Control by multiple regulators No fees for account replenishment and bank transfers

Disadvantages: The support service does not work on weekends

Comment: I've been trading on the forex market for a long time, I've changed several brokers over the past year, there were usually problems with the site itself hanging and stupid technical support, I've been trading here for the last few months, I can't find the company's disadvantages yet, except that there is no deeper analytics than can be found on specialized resources, but for most people I think this is not a problem at all, they don't notice anything.

Comment
Add a COMMENT
Матвій Бондаренко 01 December 2021

Advantages: Брокер призначений для трейдерів, які хочуть отримувати більший прибуток з невеликою маржею. Він може надати брокерам доступ до найбільш ліквідних і добре торгуються фінансових продуктів. Умови торгівлі підбираються індивідуально для кожного брокера, що означає, що вони можуть вибрати те, що хочуть, відповідно до ваших уподобань, навичками, вимогами до капіталу і т. д. Це не стягує комісію або комісію за транзакції брокерів за свій рахунок, він стягує комісію тільки тоді, коли транзакції відбуваються від імені клієнтів.

Disadvantages: Немає

Comment: HOTFOREX надає брокерам доступ до найбільш ліквідних і добре торгованих фінансових продуктів. Брокери торгують або за свій рахунок, або від імені своїх клієнтів

Comment
Add a COMMENT
Christopher Porter 01 December 2021

Advantages: This broker has a wide range of trading instruments and leverage options without the need for a trading account. They have risk management tools, so you can always know what your risk is.

Disadvantages: With high commission and compensation spreads, there are not many short-term opportunities

Comment: Trading on the stock exchange is not suitable for everyone. For many people, it's just too difficult to go through all the steps of setting up an account, linking your bank account, going through verification and then waiting for your first transaction to be completed. Trading on the exchange is also risky because there are no guarantees that the platform will be updated or that your funds will remain safe.

Comment
Add a COMMENT
Bennett A. Kramer 30 November 2021

Advantages: HOTFOREX broker offers two main advantages over traditional brokers. Firstly, it allows scalping or day trading on the spread, which means that traders can profit on the difference between the buy and sell prices. Secondly, HOTFOREX brokers remove commissions from any transactions whose size is less than 500 euros.

Disadvantages: The first major disadvantage is that they require clients to have at least 50,000 euros in their account in order to trade on their platform. Secondly, they do not allow trading with leverage, which means that traders cannot borrow money from a broker to trade with more funds than they have in their account.

Comment: I have used the services of this broker and I have very contradictory impressions about HOTFOREX.

Comment
Add a COMMENT
Jerry A. Pagan 30 August 2021

Advantages: The trading conditions are too good to.

Disadvantages: The site sometimes freezes completely

Comment: As for innovative solutions, only Elon Musk can compete with HOTFOREX. In my opinion, there is something else to strive for, because because of the same thirst to make it better, the site personally freezes dead for me. Of course, with this approach, it is sometimes impossible to trade and in a fit of rage, you want to spit and leave. But the trading conditions themselves are too good to leave everything like that. Therefore, I will only give 4 out of 5..

Comment
Add a COMMENT
Jisham 08 April 2021

Advantages: Withdrawal, execution, support

Disadvantages: trading platform

Comment: I would have given HotForex a 5 rating but their trading platform can sometimes be a pain in the head. It lags, it crashes. This does not impact my trading significantly because it gets back up again in a few moments, but given the big broker that they are, this should not be happening. Hope they sort this out. I have raised this issue multiple times, but no action has been done.

Comment
Add a COMMENT
james signal27 01 April 2021

Advantages: established, reliable, well known

Disadvantages: no us trader are allowed

Comment: the broker is superb, excellent, and continue to adapt offering even crypto trading and multi regulated, good withdrawal and deposit options/ total live trading with hotforex is 2 years and 3 months.

Comment
Add a COMMENT
Mộng Huyền Nguyễn Thị 31 March 2021

Advantages: Swift and advanced services

Disadvantages: too complicated for new trader

Comment: I knew this broker through Internet because it's in many top forex brokers. This broker is from 2010 and it's regulated by FCA. You can find many advanced services as VPS, PAMM, Crypto , CFD, Stock,... that only a few brokers can offer. However, due to that, only veteran trader can utilize those features. I advice you should talk to account manager before trading.

Comment
Add a COMMENT
Hadees 11 November 2020

Advantages: All's good

Disadvantages: So far none

Comment: HotForex was referred to by a good friend of mine. Been trading with them for a couple of months now, and have withdrawn twice already, both without any issues. I like their execution, very quick. Trading conditions are one of the most competitive in the market. Customer service is always helpful, very easy to deal with them cos they’re patient.

Comment
Add a COMMENT
Shirley 09 November 2020

Advantages: 5 stars

Disadvantages: None as of now

Comment: HotForex is the perfect Forex broker for beginners with small capital. They have several account types, ranging from $50 to $500. Execution is fast and very reliable, I haven’t experienced any delay. I can also use EAs without any restrictions, really cool! I’ve withdrawn thrice already, and with no delay!

Comment
Add a COMMENT
Arjuman 30 October 2020

Advantages: good execution, no reqoutes, less spreads, withdrawal and deposits are instant

Disadvantages: no new bonuses

Comment: Hotforex can be a good choice if you are looking for timely execution of orders with low spreads and timely withdrawals of profits.

Comment
Add a COMMENT
Haziq 26 October 2020

Advantages: Good broker

Disadvantages: none

Comment: I love HotForex! Everything is good, from trading conditions to withdrawal to forex trading contests! Also, it’s got the best customer service, at least for me. My previous brokers were not really good at answering queries. They’re a little rude and impolite. Here at HotForex, everybody is well-mannered.

Comment
Add a COMMENT
Magno 25 October 2020

Advantages: multi regulation, fast withdrawals, snappy execution

Disadvantages: no US traders

Comment: great broker, and one of the well known ones, easy recommendation. total live trading with hotforex is 8 months, premium mid sized account, yet to hit ROI but so far so good

Comment
Add a COMMENT
Minh Phuong 23 October 2020

Advantages: FCA regulated and fast payout

Disadvantages: Complicated

Comment: Trading with this broker for about 1 year and have steady income, no hassle with payment. Bonus program is not easy to claim.

Comment
Add a COMMENT
Hung Tran 16 October 2020

Advantages: Fast payout, regulated

Disadvantages: Complicated to start

Comment: I know this broker a long time ago and it offer various things that you could be confused to start trading. You should identify your requirement and don't hesitate to contact CS to help you get started. Anyway, a good and reputable broker.

Comment
Add a COMMENT
Azka Munir 14 October 2020

Advantages: good trading pairs, superb trade execution

Disadvantages: none

Comment: The broker is my first broker which offers good trading pairs and the trade execution is superb. They have plenty of withdrawal options. I am very pleased with this broker's services.

Comment
Add a COMMENT
Azka Munir 14 October 2020

Advantages: good trading pairs, superb trade execution

Disadvantages: none

Comment: The broker is my first broker which offers good trading pairs and the trade execution is superb. They have plenty of withdrawal options. I am very pleased with this broker's services.

Comment
Add a COMMENT
Ameer 10 September 2020

Advantages: easy withdrawals,

Disadvantages: no complaint so far

Comment: So far i have no issues in withdrawing my profit money from this broker, i am using small account for the past one year. Trading is easy if you spend some time on demo account which is free forever. I traded demo for sometime before depositing money with them. They are very decent with their dealings, much appreciated.

Comment
Add a COMMENT
Matthew 26 August 2020

Advantages: Good overall

Disadvantages: None

Comment: It’s been a nice experience trading with HotForex so far. Only been here 5 months, and I hope this will be my last broker! I’ve used 4 brokers in just a span of 2 years before HotForex, and it’s been tiring switching brokers. I’ve had problems with execution and withdrawal with my last 4 brokers. So far, HotForex meets my expectations. Fast execution of trades, withdrawal via Skrill takes within a day, and spreads are bearable.

Comment
Add a COMMENT
Hamid Gardezi 21 August 2020

Advantages: tight spread, timely execution, acceptable leverage

Disadvantages: no cent account

Comment: My opinion for hotforex is positive and I am quite satisfied with their services. My total trading experience is three years so far. They are an old broker with good market repute. So I would like to add five stars rating to their status which they really worth it in my opinion.

Comment
Add a COMMENT
MAXIM 19 August 2020

Advantages: Everything's good

Disadvantages: None so far

Comment: I switched to HotForex in March. So far, my withdrawals went through without any issues. It’s a big factor to me that withdrawals are processed on time. I had issues with withdrawal with my previous Forex broker. For now, I have nothing bad to say about HotForex. I’m not a big time trader, but I feel like a VIP the way they treat me. Support has always been supportive and helpful.

Comment
Add a COMMENT
davidforex12 14 August 2020

Advantages: fast withdrawal

Disadvantages: n/a

Comment: just made another withdrawal past wednesday via skrill, got my withdrawal later thursday, usually it takes tops 48 hrs. the broker is good

Comment
Add a COMMENT
Forex 101 14 August 2020

Advantages: Good service, execution

Disadvantages: Recent withdrawal issue

Comment: My recent withdrawal was processed in two weeks! Usually HotForex only takes several hours to process my withdrawal via Skrill. I’m not sure if it’s because of COVID-19? Are their staff in the finance department all on leave? I got the money yes, but this was a scary experience. I’ll update again of any delay in withdrawal next time.

Comment
Add a COMMENT
Julius42 24 July 2020

Advantages: regulated by multiple bodies. excellent excution and quick resposnse

Disadvantages: -

Comment: They are a whole package, really good broker, excellent execution and deposit options are available for all sorts of traders, over all im really pleased by hotforex. they offer crypto through bitpay im yet to try it

Comment
Add a COMMENT
Urdi 20 July 2020

Advantages: Good, reliable Forex broker

Disadvantages: None

Comment: Been with HotForex for over 3 years and I’m happy to share that I have never faced any major issues especially with my withdrawals!

Really like their high leverage, good for beginners who want to expand their trading capital. But of course, be careful! It can go against you. HotForex’s spreads are one of the tightest in the market today, and haven't experienced sudden surges during important news. Execution speed is top notch, no slippage or requotes. Overall, HotForex is a gooooood Forex broker!

Comment
Add a COMMENT
Yushi 15 July 2020

Advantages: good broker, legit

Disadvantages: none

Comment: I’ve known HotForex for quite a while now. It’s FCA-regulated, which is a testament to its commitment to providing only the safest trading environment possible. I’ve done a lot of withdrawal from this broker through Skrill, and I’ve never had any issues. Even during COVID-19, HotForex processes my requests on time, and support is very responsive.

Comment
Add a COMMENT
Vega Carlos 10 July 2020

Advantages: Fast support, variety account/service, good spread

Disadvantages: Not easy to pick suitable account for new trader

Comment: I am trading with this broker for 6 months and making some steady profit, basically I am an experienced trader and my have strong knowledge with major pairs as Sterling, Cable. This broker is good with spreads for standard account. I highly recommend it!

Comment
Add a COMMENT
Juaqine 26 June 2020

Advantages: great platform options, multiple withdrawa/deposit options. stability, fast execution.

Disadvantages: -

Comment: great all around broker, they do offer different marketing perks, and events all through out the years, very engaging. the trading environment is pretty good. stability and execution are superb. fast easy withdrawals.

Comment
Add a COMMENT
Vega Carlos 10 July 2020

How much is your withdrawal? How's about $50k withdrawal? do they process it fast?

Comment
Add a COMMENT
Sultan Zahid 19 June 2020

Advantages: Wonderful execution, low spreads, instant deposits, withdrawals processing time 24hrs

Disadvantages: not for now

Comment: While trading with this broker for more than one year i had noticed that they have wonderful execution and lowest spreads on all majors. The deposits are instant through my neteller however it took a few minutes when i used my CC. Withdrawals are processed within 24hrs which is great. I like the services as a whole.

Comment
Add a COMMENT
Bien Trader 17 June 2020

Advantages: good trading conditions

Disadvantages: none

Comment: HotForex is a good broker that offers trading multiple assets including currencies, stocks, commodities and even cryptocurrencies. Excellent trading conditions, lightning fast execution of trades, low spreads, fast withdrawal. What I also like is their free webinars and market analyses straight from their in-house experts. It’s such a treat trading with HotForex.

Comment
Add a COMMENT
biz trader 12 June 2020

Advantages: fast withdrawal, helpful staff

Disadvantages: none so far

Comment: HotForex is my 3rd Forex broker, and hopefully my last! I’ve been a client for 2 years now, and I haven’t encountered major issues. I really like their trading platforms, so easy to navigate around them. I can use EAs without any restrictions, and hedging is allowed. Withdrawal is fast! I don’t think I’ve ever experienced delays. I really hope HotForex stays like this forever.

Comment
Add a COMMENT
Atta Rasool 06 June 2020

Advantages: Mt4/Mt5 platform

Disadvantages: not applicale

Comment: I have traded this broker, still trading with hotforex and will continue to trade online because they have excellent trading environment. They offer MT4 which is user friendly in hunting profitable setups. Mt5 is also introduced by them but i did not tested it yet. They have low spreads with quite reasonable leverage. I continue trading with them coz I never found glitches with my withdrawal processing ever.

Comment
Add a COMMENT
Jeremy 16 May 2020

Advantages: Reliable, fast execution, withdrawal options are good

Disadvantages: nill

Comment: I just made my third withdrawal with hotforex hitting my small roi and im very pleased, good execution and very acceptable spreads. looking forward to my forth withdrawal from a pure profit prospective. easy recommendation.

Comment
Add a COMMENT
Arrie 23 April 2020

Advantages: Good overall

Disadvantages: N/A

Comment: It’s been great trading with HotForex for 5 years now. The broker has a good trading platform with a good set of options and services. I’m a fan of their contests for partners because I can feel that they give much importance to the people working hard to bring clients to them.

Aside from trading Forex, I also do crypto trading with HotForex. They have the one of the tightest spreads, you should check them out. They also have bonus programs, but I recommend everyone to decipher first their terms and conditions. Scalping is allowed with HotForex, which I really like cos I scalp a lot. Haven’t had any issue withdrawing funds from my trading account. I’ll update every now and then to keep everyone on the loop.

Comment
Add a COMMENT
Bimby 2020 23 April 2020

Advantages: Good overall

Disadvantages: N/A

Comment: It’s been great trading with HotForex for 5 years now. The broker has a good trading platform with a good set of options and services. I’m a fan of their contests for partners because I can feel that they give much importance to the people working hard to bring clients to them.

Aside from trading Forex, I also do crypto trading with HotForex. They have the one of the tightest spreads, you should check them out. They also have bonus programs, but I recommend everyone to decipher first their terms and conditions. Scalping is allowed with HotForex, which I really like cos I scalp a lot. Haven’t had any issue withdrawing funds from my trading account. I’ll update every now and then to keep everyone on the loop.

Comment
Add a COMMENT
Shamsa 06 April 2020

Advantages: Good trading platform

Disadvantages: Withdrawal problem

Comment: In my 3 years of trading with HotForex, I rarely encounter any problem with the actual trading. Their execution is fast, and their trading platform (MT4) is very nice. But recently I had a nightmare withdrawing $500 from my account. My withdrawal request never got through. The system said it’s being processed but it ended up going to my account over and over again. I’m still in contact with their support but they give me contradicting messages every day. Kinda feeling hopeless now I might search for another broker to trade with.

Comment
Add a COMMENT
Blank Bang 01 April 2020

Advantages: Fast payment and massive assets, multiple payment methods

Disadvantages: Complicated to start for new trader (as me)

Comment: I just came to this broker for 6 months and I didn't have a good start with several exploded live account because of plenty of services offered by this broker. After learning trading course, I figured out the most suitable account type and trading strategy. I just withdrew 3 days ago and I truly I can make steady profit and it;s reason I wrote this reviews. This broker is decent and genuine!

Comment
Add a COMMENT
JakeS 19 March 2020

Advantages: fast, reliable, crypto trading

Disadvantages: southeast asian offices would be a good option

Comment: great broker over all, very pleased with how they are taking care of clients, the services are good and withdrawals are fast with lots of options

Comment
Add a COMMENT
Sundas Khan 27 February 2020

Advantages: MT4 and MT5. Instant deposits and withdrawal processing

Disadvantages: na

Comment: Easy access to forex markets with a very reasonable amount to start up your trading desk. The spreads are low and can be helpful in scalping. I found out that the educational material provided by them was really helpful. I had also successfully withdrew $250 from this broker and my initial capital was $450. This broker is really decent and genuine too.

Comment
Add a COMMENT
Huynh Duy 11 February 2020

Advantages: Good rating site

Disadvantages: Not checking properly all reviews

Comment: Dear site admin, previous review looks like third party advertise, Kindly check properly.

Comment
Add a COMMENT
Zarmeen 05 September 2019

Advantages: MT4: which is reliable and user friendly Platform known across the world. Multiple payment methods including bitcoins too. Reasonable spreads & leverage.

Disadvantages: na

Comment: Using this broker for more than one year with no complaints. I enter my positions through the MT4 where my orders are executed without any hassles. I also apply withdrawal every week or fifteen days which arrives in my bank within acceptable time frame. I can say it is a good reliable broker as per my experience.

Comment
Add a COMMENT
france Paul 22 February 2019

Advantages: crypto trading, good spreads, solid regulations in both eu and asia, and africa too

Disadvantages: no company wallet card, no US and canada traders

Comment: actually this broker is really fine. constant improvement is noticeable and by far on of the top contenders in the forex industry.

Comment
Add a COMMENT
Kamran Safari 10 January 2019

Advantages: low spreads, good leverage, execution fast with SL and TP options, reasonable services

Disadvantages: Crypto trading should be 24/7

Comment: I would rate 5 out of 5 since the services are good so far. I also checked bitcoin trading however i would suggest them to keep crypto trading open seven days a week which will be very good. Rest the EURUSD, cable, gold is among my favorites and i am happy with these pairs. Still only request which i want them to notice is about crypto trading. Overall they have low spreads. The leverage is good and execution is also fast.

Comment
Add a COMMENT
Dương Đại 02 January 2019

Advantages: MT5 supported and multiple account/services/asset

Disadvantages: No paypal support

Comment: I have traded with this broker for several years and tried many services there as Zulutrade, Zero spread and PAMM (v1 and v2). They just intergrate MT5 few months ago and this broker always grows with new services and product every year. Many friends are using this broker for trading and investing. Hotforex is really a good broker and I highly recommend this broker for any want to start trading Forex.

Comment
Add a COMMENT
Max Glower 07 August 2018

Advantages: PAMM-accounts, speed of execution, low commission

Disadvantages: no MetaTrader 4, minimum deposit for VIP-account 20000$

Comment: With this broker you can work: a stable platform, low commission. But here you need a big deposit to get a VIP account.

Comment
Add a COMMENT
Dupont 21 January 2018

Advantages: Crypto trading, fast execute, easy withdrawals

Disadvantages: more crypto options hopefully this 2018

Comment: a very good broker with very good trading condition, with the addition of btc to their arsenal i would say they made the right choice. no problem with profit withdrawal made two so far and all is well

Comment
Add a COMMENT
zanaib bibi 22 October 2017

Advantages: MT4, easy execution, no slippage, timely withdrawal

Comment: This broker performance is satisfactory as they also allow trading during news release where MT4 is best to make good trades. Moreover the profit withdraw is processed conveniently. I strongly recommend this broker.

Comment
Add a COMMENT
Rao 14 October 2017

Advantages: secure stable servers, no requotes, bitcoin, friendly support

Comment: I basically started trading a few months ago and i think that broker selection process is the only difficult task in trading business. Before opening account with this broker i got scammed twice however after doing a lot of research i found out that hotforex can be the only broker which had better repute in terms of services so i joined this broker. They also accept whatever amount you deposit so it can be started with small amounts. There are many other commodities to trade and i can say that they are a good broker before i am using it for quite some months and happy so far.

Comment
Add a COMMENT
Karl Rosén 01 June 2017

Advantages: Plenty of instruments to trade, good trading conditions

Disadvantages: No bitcoin to trade

Comment: I concur with Vadim's opinion, HotForex is really a very good broker in everything they do. I became a client for about 2 months and making profits. Other brokers I used were scammers by hunting your stop losses and manipulating markets. I even thought it was my fault but when you use a good broker like this one you can see a difference. I have just made my first withdrawal in profit and am very happy with the broker. To be clear, my previous broker was FxPro and I came to realize they have a reputation of posting fake reviews. That's how I got into the trap, but I can honestly vouch for HF

Comment
Add a COMMENT
Vadim Petrov 31 May 2017

Advantages: Good quality services all round

Disadvantages: No complaints

Comment: First of all, very good work on the website, I like reading the articles which teach me trading. My broker is Hotforex for more than a year and they have proved to be excellent brokers. Quotes on metatrader are accurate every time I checked with another broker, and I don't think they mess with the markets. Positions are also filled on time without delays, making a good broker for a scalper. There are many currencies to trade and stocks, even with smaller lots which is different from other brokers and they also have a 100% bonus which has helped me a lot. Their services are so good I have never even had to contact customer support, which I assume is just as good as other services I use. I really love this broker and can recommend them to anyone else looking for a broker they can trust

Comment
Add a COMMENT

Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.