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.
HotForex
4.54
(71)
HotForex Reviews
Website:

HotForex Review

4.54
71 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

HotForex general information

Founded in: 2010 year
Headquarters:
Cyprus
Offices in the country:
Mauritius, Saint Vincent and the Grenadines, South Africa
Minimum Deposit: 5 $
Website: www.hotforex.com
Website languages:
English, Arab, Bengal, Vietnamese, Greek, Indonesian, Spanish, Italian, Chinese, Korean, Malay, Deutsch, Persian, Polish, Portuguese, Romanian, Russian, Slovak, Thai, Philippine, French, Croatian, Czech
Execution model:
NDD
Deposit currency: USD, EUR, PLN
Support languages:
English, Arab, Bengal, Hungarian, Vietnamese, Greek, Indonesian, Spanish, Italian, Chinese, Korean, Malay, Deutsch, Persian, Polish, Portuguese, Romanian, Russian, Slovak, Thai, French, Hindi, Croatian, Czech
Regulated by:
CySEC (Cyprus) license №183/12
FSC (Mauritius)
Mobile trading: iOS, Android, Windows Phone
Types of offered accounts:
Demo accounts (with a time limit), Standard Accounts, Swap free accounts, VIP accounts, Micro accounts, Segregated accounts
Trust management: PAMM
Affiliate program: 1

HotForex Forex broker description

Pros

  • Multiple regulatory bodies regulate it.

  • Low spreads starting from 0.1 pips.

  • High leverage of up to 1:1000 for professional clients.

  • Has a wide range of trading assets, including forex, commodities, indices, and Energies.

  • Excellent customer support with 24/7 live chat, phone, and email support.

Cons

  • Does not accept clients from the USA, Canada, Sudan, Syria, and North Korea.

  • Hot Forex's trading fees are slightly higher than average industry rates.

  • HFcopy requires a minimum investment of 300 EUR, often considered steep.



Unique Selling Points

1. Best for technical trading solutions

2. Adoption of cutting-edge technology: This review of the HotForex broker platform found that their platforms and tools are always up-to-date and optimized to provide the best possible trading experience. The technology behind Hot Forex's systems solutions is genuinely innovative, allowing for fast and reliable execution of trades. As a result, many HF Markets reviews praise the broker for its ability to deliver an efficient and reliable trading experience.

3. Rewards program: Hot Forex Broker values its clients and rewards them for their loyalty through the HFM Trading Rewards program. By joining this program, you can earn HFM Bars for every trade you make, and the more you trade, the more Bars you earn. You can achieve four different reward levels: RED, SILVER, GOLD, and PLATINUM. Each of these comes with benefits, which can be exchanged for credit bonuses, cash, or trading services.

4. Mouth-watering bonus offerings: HotForex has a range of bonuses designed to reward traders of all levels. For example, their Super Charged Bonus lets you earn daily cash rebates of USD 2 per lot, applied to every deposit of USD 10 or more. If you're looking for a bonus that can help protect your account during drawdown periods, consider the Rescue Bonus. This bonus is applicable for deposits over USD 50 and even offers an additional "Stop Out Bonus" for qualifying accounts. Thirdly, the Credit Bonus offers traders increased account leverage and a relaxed time limit for completing volume requirements.


Introduction

Hot Forex now known as HF Markets or HFM is a multi-asset Forex broker specializing in Forex and Commodities trading. The brokerage firm was established in 2010 and is headquartered in Cyprus. However, they also have several global offices in Dubai, South Africa, and offshore entities in St Vincent and the Grenadines. The broker offers several base currencies, allowing clients to choose their preferred currency.

HotForex broker offers trading platforms such as MetaTrader 4, MetaTrader 5, and Webtrader, which are all reliable and user-friendly. With various trading platforms, traders can choose one that suits their trading style and preferences.

HotForex offers many assets, including equities, energies, forex, and currency pairs. The broker has a solid global presence in over 100 countries and has won multiple industry awards, which is a testament to its reliability and credibility. And in the review of the Hot Forex broker platform, you will learn all there is to know.


Supported Countries

This review of Hot Forex shows that it welcomes clients from many parts of the world except for a few countries due to regulatory restrictions. Many of their traders come from countries such as the Philippines, Nigeria, Colombia, Malaysia, South Africa, the UAE, Mexico, Singapore, Kenya, Brazil, and many more. They also provide limited service to clients from the UK.

Unfortunately, USA, Canada, Sudan, Syria, and North Korean residents cannot use the HotForex platform. Similarly, HF Markets (SV) Ltd does not offer services to residents of Iran, Iraq, Myanmar, Yemen, Afghanistan, and several EEA countries. 

However, even living in a non-supported country, you can still access HF Markets services by going to a supported region.


Customer Service Rating

HotForex is a top-rated broker with a "Great" Trustpilot rating of 3.9 based on 177 reviews. The rating breakdown shows that 54% of users gave a 5-star rating, while 18% gave a 4-star rating.

Reviewers who left positive reviews praised HotForex for its wide range of trading instruments and significant leverage. They also appreciated the fair trade execution process with no delays. Other positives include dedicated account managers, a user-friendly interface, and industry-standard withdrawal processes. 

However, some users had negative reviews, citing issues with difficulty withdrawing or delayed withdrawal.


Hot Forex Trading Platforms

HFM provides several trading platform options, including its very own HFM Trading App., the popular MT4 platform, the latest MetaTrader 5, and Webtrader. These platforms offer tools and resources to help you trade, including technical indicators, expert advisors, and back-testing options. 

Best of all, these platforms are available in various versions, such as desktop, mobile, and web, so you can trade whenever and wherever you want.

  • HRM Trading App: Hotforex's HFM Trading App combines the company's industry-leading conditions and cutting-edge technology, providing an even better trading experience. With this app, you'll have access to your account and can instantly trade CFDs on more than 1200 assets. The HFM Mobile Application also has a "trade on the go" option.

  • MT4: If you're a beginner or an experienced trader, the MT4 platform is perfect for you. With 30 indicators and support for nine-time frames, the app offers a locking option and a single-thread strategy tester. The MT4 platform is available on mobile apps (iOS and Android), web terminals, and PC/MAC downloads.

  • MT5: Advanced traders looking for more options can always try the MT5 trading platform on HotForex.com. It's perfect for social trading and algorithmic trading. With more indicators, time frames, and updated strategy testers than the MT4 platform, the MT5 platform offers partial order filling, a built-in economic calendar, embedded MQL5 community chat, six pending orders, market depth, and a hedging option.


Type of Trading Accounts on Hot Forex

Hotforex Broker offers its clients a range of account types to choose from. Five account types are available: Micro, Premium, Zero Spread, HFcopy, and PAMM (PREMIUM).

  • Micro account: Hotforex's Micro account type is an excellent option for those just starting with forex trading or who prefer to trade with smaller volumes. It has a minimum deposit of $5, You'll have access to all available trading instruments, and with variable spreads starting from just 1 pip, you can keep your trading costs low. The maximum leverage on the Micro account is an impressive 1:1000. The account also features market execution, fifth decimal pricing, and the ability to trade in increments of 0.01 lots. You can open up to 150 simultaneous open orders; the maximum total trade size is 7 standard lots. The margin call is 40%, with a stop-out level of 10%.

  • Premium account: The account type allows for variable spreads starting from 1 pip, with a fifth decimal option available. With a minimum deposit of just $10, you can begin trading and benefit from maximum leverage of 1:500. This account type also enables market execution with a trade size increment of 0.01. The maximum total trade size is 60 standard lots per position. The maximum simultaneous open orders for this account type are 500, with a margin call of 50% and a stop-out level of 20%. You can choose USD, EUR, NGN, or JPY as your account currency.

  • Zero Spread account: With this account type, you get spreads from 0 on Forex and Gold, making it easier to maximize your profits. You can trade all available instruments and enjoy a maximum leverage of 1:500. The minimum deposit for this account type is $200, and the minimum trade size is 0.01 LOTS (1,000 units of the base currency). Plus, you get a personal account manager and the option for telephone trading. The account is available in USD, EUR, NGN, and JPY.

  • HFcopy account: As an HFcopy account holder, you can choose to be a strategy provider or a follower. Strategy providers must deposit at least $500, while followers only need to deposit $100. You'll have access to trading on Forex, Indices Spot, Gold, and Energies Spot markets. Spreads are variable and start from just 1 pip, while the maximum leverage is 1:400. You can trade in increments of 0.01 lot with a maximum total trade size of 60 standard lots per position. The account currency is USD, and forex pairs have no commission.

  • PAMM (PREMIUM) account: You'll have access to variable spreads starting from just 1 pip. Plus, you enjoy its contract size of 1 lot equals 100,000 units, so you can confidently make trades. You can easily get started with a minimum deposit of only $250 and a minimum trade size of 0.01 Lot. And with a maximum leverage of 1:300 and no limit on the maximum total trade size, you can trade on your terms. There is also a margin call of 50% and a stop-out level of 20% to manage risk effectively.


Trading Denominations on Hot Forex

HFM broker allows its users to choose from 4 base currencies to denominate their account. These include USD, EUR, NGN, and JPY.


Company Structure

HotForex is a trading name of HF Markets (SV) Ltd, registered as an International Business Company in St. Vincent & the Grenadines with registration number 22747 IBC 2015.

The company's headquarters is located in Cyprus. Still, its services are regulated by the Financial Conduct Authority (FCA) in the United Kingdom, considered one of the top-tier regulatory bodies in the industry.

Over the years, HotForex has earned a well-deserved reputation for its outstanding performance, as evidenced by the numerous awards and sponsorships it has received. The trading platforms offered by HotForex are all user-friendly and reliable, ensuring a smooth trading experience for traders of all levels.


HF Markets Licenses and Regulatory Compliance

HotForex is a global market maker regulated by several credible financial authorities. This means that they adhere to strict legal requirements that ensure investor safety. Here are the licenses held by HotForex:

  • HF Markets (Europe) Ltd is authorized by CySEC (Cyprus) registration no. 183/12

  • HF Markets (UK) Limited is authorized by FCA (UK) registration no. 801701

  • HF Markets (DIFC) Ltd is authorized by DFSA (Dubai) registration no. F004885

  • HF Markets (SV) Ltd is authorized by FSA SVG registration no. 22747 IBC 2015, and by FSC (Mauritius) registration no. C110008214

  • HF Markets SA (PTY) Ltd is authorized by FSCA (South Africa) registration no. 46632

  • HF Markets (Seychelles) Ltd is authorized by FSA (Seychelles) registration no. SD015

  • HFM Investments Ltd is authorized by CMA (Kenya) license no. 155

HotForex is proud to hold several licenses from reputable financial authorities, ensuring clients can trade confidently. With these licenses, HotForex can offer its clients a wide range of trading services in multiple jurisdictions.


Hot Forex Customer Protection

Hot Forex takes excellent care in ensuring the safety and security of its client's funds. The company has implemented several measures to protect against potential financial loss. One of these measures is a Civil Liability insurance program with a limit of €5,000,000. 

Hotforex broker also maintains separate bank accounts for clients' funds, ensuring they are never mixed with the company's funds.

The company is committed to identifying, assessing, and monitoring all risks associated with its operations. In addition, the platform's reputation as a reputable and reliable broker allows the company to provide liquidity through major banks. They also offer negative balance protection.


Trading Information

Hotforex has over 50 currency pairs available, giving you plenty of options. The spreads are tight, and orders are executed quickly so you can trade confidently. Users can access various deposit and withdrawal methods, making it easy to manage your funds the way you want.


Tradable Instruments

  • 50 Currency Pairs.

  • 90+ Stock CFDs.

  • 30 ETFs

  • 12 CFDs on popular Indices

  • 2 Energy CFDs

  • 5 Commodities CFDs. 

  • 6 Metal trading 

  • 3 Bonds


HotForex Leverage

Hotforex has an attractive leverage option. Depending on where you are trading from and the instrument/platform you're using, you can get leverage as high as 1:1000. However, some countries have a cap on leverage to minimize risk.

Hotforex offers fixed and floating leverage, which is helpful for traders just starting with smaller balances. Higher leverage ratios of up to 1:400, 1:500, or 1:1000 are available through HFM offshore entities. If trading from South Africa, you can only access leverage up to 1:200.


Deposits and Withdrawals

HotForex ensures that depositing funds into your trading account is easy and convenient, so you can focus on trading and making profits.

Deposits 

You can fund your account via bank transfer. For this method, the HFM minimum deposit is set at $50 with no maximum limit. Wire transfer has no fees for deposits over $100 and takes between 2 to 7 business days.

You can also use your credit or debit card to deposit with a minimum of $5 and a maximum of $10,000. There are also a couple of alternative means of depositing on HotForex with various minimum deposits applied.


Minimum Deposit

Transaction Time

Fees

Bank Transfer

 $50

2 Business Days

Payment Processor fees charged

Wire Transfer

$100

2 - 7 Business Days

No

Credit or Debit card

$5

10 Minutes

No

Other Methods

$10 - $30

10 Minutes

No


Withdrawals

Hot Forex makes it easy for clients to withdraw funds from their trading accounts. You can choose from various withdrawal options, including bank transfers, credit/debit cards, and e-wallets. Submitting a withdrawal request before 10:00 am server time will be processed on the same business day between 7:00 am and 5:00 pm server time.

Methods

Minimum Withdrawal

Transaction Time

 Fees

Bank Transfers

$10

24 hours

Bank Charges might apply

Credit/Debit Cards

 $5

 2 - 10 Business Days

No

E-wallets

$5 - $10

instant to up to 24 hours

Dependent on the wallet used


Hotforex Trading Education and Training

One thing that the HFM broker platform does well is education, especially for traders in Africa and Asia. They offer a ton of resources to help you improve your skills, no matter if you're a beginner or a seasoned pro:

  • Trading courses

  • Live Webinars

  • Video Tutorials

  • Daily Analysis

  • Market Outlooks

  • News Feeds

  • Analytical Objects

  • Economic Calendar

  • Autochartist

  • Trader's Board.


FAQs

Is Hot Forex the same as HFM?

In May 2022, the global multi-asset broker unveiled a fresh, new look as it underwent a visual transformation of its corporate name and logo. This was to accommodate the Broker’s reach beyond Forex trading. Now, HFM is known as HF Markets, or HFM for short.

Is Hot Forex a Scam?

HF Markets has been a legitimate and regulated broker in the industry for over a decade. Their clients range from individual traders to large financial institutions, and they pride themselves on providing top-notch trading conditions, security, and transparency. Hot Forex has won numerous awards for its excellent services and customer satisfaction.

How do I open a Hotforex trading account?

To create an account with HFM, navigate to their website and click the "Open Live Account" button in the top menu bar.


Conclusion

Hot Forex Broker is an exceptional online trading platform that offers diverse trading instruments, including forex, stocks, indices, and commodities. The broker has established a strong reputation in the industry thanks to its ideal trading conditions, competitive spreads, and reliable customer service.

A big selling point for HotForex is its multi-regulated status, providing traders with an added layer of security and trust. The platform also offers excellent analytical and research tools.

Trading accounts of HotForex

  • Auto
  • Premium
  • VIP
  • FIX
  • ZERO Spreads
  • PAMM
  • Micro
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 500 $
Deposit currency :
USD - US Dollar
EUR - Euro
PLN - Polish Zloty
Trading instruments:
Forex1:400
Number of currency pairs: 390
  • ARS/DKK
  • AUD/BGN
  • AUD/CAD
  • AUD/CHF
  • AUD/CNH
  • AUD/CZK
  • AUD/DKK
  • AUD/EUR
  • AUD/GBP
  • AUD/HKD
  • AUD/HUF
  • AUD/ILS
  • AUD/JPY
  • AUD/MXN
  • AUD/NOK
  • AUD/NZD
  • AUD/PLN
  • AUD/RUR
  • AUD/SEK
  • AUD/SGD
  • AUD/THB
  • AUD/TRY
  • AUD/USD
  • AUD/ZAR
  • BBP/AUD
  • BGN/JPY
  • BGN/RON
  • BGN/USD
  • Bit/Coi
  • BRT/USD
  • BTC/CNH
  • BTC/CNY
  • BTC/EUR
  • BTC/JPY
  • BTC/RUB
  • BTC/USD
  • CAD/BGN
  • CAD/CHF
  • CAD/CNH
  • CAD/CZK
  • CAD/DKK
  • CAD/EUR
  • CAD/HKD
  • CAD/HUF
  • CAD/ILS
  • CAD/JPY
  • CAD/MXN
  • CAD/NOK
  • CAD/PLN
  • CAD/RUR
  • CAD/SEK
  • CAD/SGD
  • CAD/TRY
  • CAD/USD
  • CAD/ZAR
  • CHF/AUD
  • CHF/BGN
  • CHF/CAD
  • CHF/CNH
  • CHF/CZK
  • CHF/DKK
  • CHF/HKD
  • CHF/HUF
  • CHF/ILS
  • CHF/JPY
  • CHF/MXN
  • CHF/NOK
  • CHF/PLN
  • CHF/RON
  • CHF/RUR
  • CHF/SEK
  • CHF/SGD
  • CHF/SKK
  • CHF/THB
  • CHF/TRY
  • CHF/USD
  • CHF/ZAR
  • CLP/DKK
  • CNH/HKD
  • CNH/JPY
  • CZK/HKD
  • CZK/HUF
  • CZK/JPY
  • CZK/NOK
  • CZK/PLN
  • CZK/SEK
  • CZK/SGD
  • CZK/ZAR
  • DKK/CNH
  • DKK/CZK
  • DKK/HUF
  • DKK/JPY
  • DKK/NOK
  • DKK/PLN
  • DKK/SEK
  • DKK/SGD
  • DKK/THB
  • DKK/UAH
  • DKK/ZAR
  • EUR/AED
  • EUR/AUD
  • EUR/BHD
  • EUR/CAD
  • EUR/CHF
  • EUR/CNH
  • EUR/CZK
  • EUR/DKK
  • EUR/EGP
  • EUR/GBP
  • EUR/HKD
  • EUR/HRK
  • EUR/HUF
  • EUR/ILS
  • EUR/INR
  • EUR/IQD
  • EUR/ISK
  • EUR/JOD
  • EUR/JPY
  • EUR/KWD
  • EUR/LBP
  • EUR/LTL
  • EUR/LVL
  • EUR/MXN
  • EUR/NOK
  • EUR/NZD
  • EUR/OMR
  • EUR/PLN
  • EUR/QAR
  • EUR/RON
  • EUR/RUB
  • EUR/RUR
  • EUR/SAR
  • EUR/SEK
  • EUR/SEL
  • EUR/SGD
  • EUR/SKK
  • EUR/THB
  • EUR/TRY
  • EUR/UAH
  • EUR/USD
  • EUR/WME
  • EUR/WMR
  • EUR/WMU
  • EUR/WMZ
  • EUR/ZAR
  • Fri/day
  • GAS/USD
  • GB//PLN
  • GBP/AED
  • GBP/AUD
  • GBP/BGN
  • GBP/CAD
  • GBP/CHF
  • GBP/CNH
  • GBP/CZK
  • GBP/DKK
  • GBP/EGP
  • GBP/EUR
  • GBP/HKD
  • GBP/HUF
  • GBP/ILS
  • GBP/INR
  • GBP/JPY
  • GBP/KWD
  • GBP/MXN
  • GBP/NOK
  • GBP/NZD
  • GBP/PLN
  • GBP/RON
  • GBP/RUB
  • GBP/RUR
  • GBP/SEK
  • GBP/SGD
  • GBP/SKK
  • GBP/THB
  • GBP/TRY
  • GBP/USD
  • GBP/ZAR
  • GPB/SGD
  • HEO/USD
  • HKD/CNH
  • HKD/DKK
  • HKD/HUF
  • HKD/JPY
  • HKD/MXN
  • HKD/NOK
  • HKD/NZD
  • HKD/PLN
  • HKD/SEK
  • HKD/SGD
  • HKD/ZAR
  • HRK/DKK
  • HUF/CZK
  • HUF/JPY
  • HUF/MXN
  • HUF/NOK
  • HUF/SEK
  • HUF/SGD
  • HUF/ZAR
  • ILS/DKK
  • ILS/JPY
  • ILS/NZD
  • ILS/RUR
  • Inv/ali
  • ISK/DKK
  • ISK/JPY
  • ISK/NOK
  • ISK/SEK
  • JPY/DKK
  • JPY/EUR
  • JPY/ILS
  • JPY/NOK
  • JPY/USD
  • LTC/BTC
  • LTC/CNH
  • LTC/CNY
  • LTC/EUR
  • LTC/JPY
  • LTC/RUB
  • LTC/USD
  • LTL/DKK
  • LVL/DKK
  • MXN/DKK
  • MXN/JPY
  • NMC/BTC
  • NMC/USD
  • NOK/CNH
  • NOK/DKK
  • NOK/JPY
  • NOK/PLN
  • NOK/SEK
  • NOK/SGD
  • NOK/TRY
  • NOK/USD
  • NOK/ZAR
  • NZD/AUD
  • NZD/CAD
  • NZD/CHF
  • NZD/CNH
  • NZD/CZK
  • NZD/DKK
  • NZD/EUR
  • NZD/GBP
  • NZD/HKD
  • NZD/HUF
  • NZD/JPY
  • NZD/MXN
  • NZD/NOK
  • NZD/PLN
  • NZD/RUR
  • NZD/SEK
  • NZD/SGD
  • NZD/THB
  • NZD/TRY
  • NZD/USD
  • NZD/ZAR
  • OIL/USD
  • PLN/CZK
  • PLN/DKK
  • PLN/HUF
  • PLN/JPY
  • PLN/SEK
  • PPC/BTC
  • PPC/USD
  • RUB/WMR
  • RUR/JPY
  • SAR/DKK
  • SDR/RUR
  • SDR/USD
  • SEK/CNH
  • SEK/DKK
  • SEK/JPY
  • SEK/NOK
  • SEK/PLN
  • SEK/SGD
  • SEK/TRY
  • SEK/ZAR
  • Ser/ver
  • SGD/CHF
  • SGD/DKK
  • SGD/HKD
  • SGD/JPU
  • SGD/JPY
  • SGD/ZAR
  • SIL/VER
  • SKK/DKK
  • SKK/HUF
  • THB/JPY
  • Tra/din
  • TRY/BGN
  • TRY/CZK
  • TRY/DKK
  • TRY/JAP
  • TRY/JPY
  • TRY/RON
  • TRY/ZAR
  • UAH/RUR
  • UAH/WMU
  • USD/AED
  • USD/AUD
  • USD/BGN
  • USD/BHD
  • USD/BKT
  • USD/BRL
  • USD/CAD
  • USD/CHF
  • USD/CLP
  • USD/CNH
  • USD/CNY
  • USD/CZK
  • USD/DKK
  • USD/DZD
  • USD/EGP
  • USD/HDK
  • USD/HKD
  • USD/HRK
  • USD/HUF
  • USD/IDR
  • USD/ILS
  • USD/INR
  • USD/IQD
  • USD/IRR
  • USD/ISK
  • USD/JOD
  • USD/JPY
  • USD/KRW
  • USD/KWD
  • USD/LBP
  • USD/LTL
  • USD/LVL
  • USD/LYD
  • USD/MAD
  • USD/MXN
  • USD/MXP
  • USD/MYR
  • USD/NOK
  • USD/OMR
  • USD/PHP
  • USD/PLN
  • USD/QAR
  • USD/RMB
  • USD/RON
  • USD/RUB
  • USD/RUR
  • USD/SAR
  • USD/SEK
  • USD/SGD
  • USD/SKK
  • USD/SYP
  • USD/THB
  • USD/TND
  • USD/TRY
  • USD/TUR
  • USD/TWD
  • USD/UAH
  • USD/WMR
  • USD/WMU
  • USD/WMZ
  • USD/XVN
  • USD/YER
  • USD/ZAR
  • USR/TRY
  • War/nin
  • WME/USD
  • XAG/AUD
  • XAG/CHF
  • XAG/EUR
  • XAG/GBP
  • XAG/HKD
  • XAG/JPY
  • XAG/ONC
  • XAG/USD
  • XAU/AUD
  • XAU/CHF
  • XAU/EUR
  • XAU/GBP
  • XAU/HKD
  • XAU/JPY
  • XAU/RUB
  • XAU/THB
  • XAU/TRY
  • XAU/USD
  • XAU/XAG
  • XBR/USD
  • XDP/USD
  • XPD/USD
  • XPT/USD
  • XPT/ZAR
  • XTI/USD
  • ZAR/JPY
Metals1:100
  • Gold
  • Silver
Cryptocurrencies
Stop Out:
20 %
Minimum position size:
0.01 лотов
Maximum position size:
60 лотов
Max. number of orders:
300
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
50 %
Commission:
Not
Phone trading:
No
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 500 $
Deposit currency :
USD - US Dollar
EUR - Euro
PLN - Polish Zloty
Trading instruments:
Forex1:400
Cryptocurrencies
Stop Out:
20 %
Minimum position size:
1 лотов
Maximum position size:
60 лотов
Max. number of orders:
300
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Yes
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
50 %
Commission:
Not
Phone trading:
No
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 20000 $
Deposit currency :
USD - US Dollar
EUR - Euro
PLN - Polish Zloty
Trading instruments:
Cryptocurrencies
Stop Out:
20 %
Minimum position size:
1 лотов
Maximum position size:
No limit лотов
Max. number of orders:
400
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Yes
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
50 %
Commission:
3 USD for 100,000 USD trades
Phone trading:
No
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 500 $
Deposit currency :
USD - US Dollar
EUR - Euro
PLN - Polish Zloty
Trading instruments:
Cryptocurrencies
Stop Out:
20 %
Minimum position size:
1 лотов
Maximum position size:
60 лотов
Max. number of orders:
300
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Fixed
Decimal places:
5 characters
Margin Call:
50 %
Commission:
Not
Phone trading:
Yes
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 100 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.01 лотов
Maximum position size:
No limit лотов
Max. number of orders:
500
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Yes
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
50 %
Speed ​​of execution:
0.3 sec.
Commission:
8 USD per lot
Phone trading:
No
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 250 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.01 лотов
Maximum position size:
No limit лотов
Max. number of orders:
350
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
50 %
Speed ​​of execution:
0.3 sec.
Commission:
Yes
Phone trading:
No
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile, HotForex Web Trader
Minimum Deposit : 5 $
Deposit currency :
USD - US Dollar
EUR - Euro
PLN - Polish Zloty
Trading instruments:
Forex1:1000
Number of currency pairs: 389
  • ARS/DKK
  • AUD/BGN
  • AUD/CAD
  • AUD/CHF
  • AUD/CNH
  • AUD/CZK
  • AUD/DKK
  • AUD/EUR
  • AUD/GBP
  • AUD/HKD
  • AUD/HUF
  • AUD/ILS
  • AUD/JPY
  • AUD/MXN
  • AUD/NOK
  • AUD/NZD
  • AUD/PLN
  • AUD/RUR
  • AUD/SEK
  • AUD/SGD
  • AUD/THB
  • AUD/TRY
  • AUD/USD
  • AUD/ZAR
  • BBP/AUD
  • BGN/JPY
  • BGN/RON
  • BGN/USD
  • Bit/Coi
  • BRT/USD
  • BTC/CNH
  • BTC/CNY
  • BTC/EUR
  • BTC/JPY
  • BTC/RUB
  • BTC/USD
  • CAD/BGN
  • CAD/CHF
  • CAD/CNH
  • CAD/CZK
  • CAD/DKK
  • CAD/EUR
  • CAD/HKD
  • CAD/HUF
  • CAD/ILS
  • CAD/JPY
  • CAD/MXN
  • CAD/NOK
  • CAD/PLN
  • CAD/RUR
  • CAD/SEK
  • CAD/SGD
  • CAD/TRY
  • CAD/USD
  • CAD/ZAR
  • CHF/AUD
  • CHF/BGN
  • CHF/CAD
  • CHF/CNH
  • CHF/CZK
  • CHF/DKK
  • CHF/HKD
  • CHF/HUF
  • CHF/ILS
  • CHF/JPY
  • CHF/MXN
  • CHF/NOK
  • CHF/PLN
  • CHF/RON
  • CHF/RUR
  • CHF/SEK
  • CHF/SGD
  • CHF/SKK
  • CHF/THB
  • CHF/TRY
  • CHF/USD
  • CHF/ZAR
  • CLP/DKK
  • CNH/HKD
  • CNH/JPY
  • CZK/HKD
  • CZK/HUF
  • CZK/JPY
  • CZK/NOK
  • CZK/PLN
  • CZK/SEK
  • CZK/SGD
  • CZK/ZAR
  • DKK/CNH
  • DKK/CZK
  • DKK/HUF
  • DKK/JPY
  • DKK/NOK
  • DKK/PLN
  • DKK/SEK
  • DKK/SGD
  • DKK/THB
  • DKK/UAH
  • DKK/ZAR
  • EUR/AED
  • EUR/AUD
  • EUR/BHD
  • EUR/CAD
  • EUR/CHF
  • EUR/CNH
  • EUR/CZK
  • EUR/DKK
  • EUR/EGP
  • EUR/GBP
  • EUR/HKD
  • EUR/HRK
  • EUR/HUF
  • EUR/ILS
  • EUR/INR
  • EUR/IQD
  • EUR/ISK
  • EUR/JOD
  • EUR/JPY
  • EUR/KWD
  • EUR/LBP
  • EUR/LTL
  • EUR/LVL
  • EUR/MXN
  • EUR/NOK
  • EUR/NZD
  • EUR/OMR
  • EUR/PLN
  • EUR/QAR
  • EUR/RON
  • EUR/RUB
  • EUR/RUR
  • EUR/SAR
  • EUR/SEK
  • EUR/SEL
  • EUR/SGD
  • EUR/SKK
  • EUR/THB
  • EUR/TRY
  • EUR/UAH
  • EUR/USD
  • EUR/WME
  • EUR/WMR
  • EUR/WMU
  • EUR/WMZ
  • EUR/ZAR
  • Fri/day
  • GAS/USD
  • GB//PLN
  • GBP/AED
  • GBP/AUD
  • GBP/BGN
  • GBP/CAD
  • GBP/CHF
  • GBP/CNH
  • GBP/CZK
  • GBP/DKK
  • GBP/EGP
  • GBP/EUR
  • GBP/HKD
  • GBP/HUF
  • GBP/ILS
  • GBP/INR
  • GBP/JPY
  • GBP/KWD
  • GBP/MXN
  • GBP/NOK
  • GBP/NZD
  • GBP/PLN
  • GBP/RON
  • GBP/RUB
  • GBP/RUR
  • GBP/SEK
  • GBP/SGD
  • GBP/SKK
  • GBP/THB
  • GBP/TRY
  • GBP/USD
  • GBP/ZAR
  • GPB/SGD
  • HEO/USD
  • HKD/CNH
  • HKD/DKK
  • HKD/HUF
  • HKD/JPY
  • HKD/MXN
  • HKD/NOK
  • HKD/NZD
  • HKD/PLN
  • HKD/SEK
  • HKD/SGD
  • HKD/ZAR
  • HRK/DKK
  • HUF/CZK
  • HUF/JPY
  • HUF/MXN
  • HUF/NOK
  • HUF/SEK
  • HUF/SGD
  • HUF/ZAR
  • ILS/DKK
  • ILS/JPY
  • ILS/NZD
  • Inv/ali
  • ISK/DKK
  • ISK/JPY
  • ISK/NOK
  • ISK/SEK
  • JPY/DKK
  • JPY/EUR
  • JPY/ILS
  • JPY/NOK
  • JPY/USD
  • LTC/BTC
  • LTC/CNH
  • LTC/CNY
  • LTC/EUR
  • LTC/JPY
  • LTC/RUB
  • LTC/USD
  • LTL/DKK
  • LVL/DKK
  • MXN/DKK
  • MXN/JPY
  • NMC/BTC
  • NMC/USD
  • NOK/CNH
  • NOK/DKK
  • NOK/JPY
  • NOK/PLN
  • NOK/SEK
  • NOK/SGD
  • NOK/TRY
  • NOK/USD
  • NOK/ZAR
  • NZD/AUD
  • NZD/CAD
  • NZD/CHF
  • NZD/CNH
  • NZD/CZK
  • NZD/DKK
  • NZD/EUR
  • NZD/GBP
  • NZD/HKD
  • NZD/HUF
  • NZD/JPY
  • NZD/MXN
  • NZD/NOK
  • NZD/PLN
  • NZD/RUR
  • NZD/SEK
  • NZD/SGD
  • NZD/THB
  • NZD/TRY
  • NZD/USD
  • NZD/ZAR
  • OIL/USD
  • PLN/CZK
  • PLN/DKK
  • PLN/HUF
  • PLN/JPY
  • PLN/SEK
  • PPC/BTC
  • PPC/USD
  • RUB/WMR
  • RUR/JPY
  • SAR/DKK
  • SDR/RUR
  • SDR/USD
  • SEK/CNH
  • SEK/DKK
  • SEK/JPY
  • SEK/NOK
  • SEK/PLN
  • SEK/SGD
  • SEK/TRY
  • SEK/ZAR
  • Ser/ver
  • SGD/CHF
  • SGD/DKK
  • SGD/HKD
  • SGD/JPU
  • SGD/JPY
  • SGD/ZAR
  • SIL/VER
  • SKK/DKK
  • SKK/HUF
  • THB/JPY
  • Tra/din
  • TRY/BGN
  • TRY/CZK
  • TRY/DKK
  • TRY/JAP
  • TRY/JPY
  • TRY/RON
  • TRY/ZAR
  • UAH/RUR
  • UAH/WMU
  • USD/AED
  • USD/AUD
  • USD/BGN
  • USD/BHD
  • USD/BKT
  • USD/BRL
  • USD/CAD
  • USD/CHF
  • USD/CLP
  • USD/CNH
  • USD/CNY
  • USD/CZK
  • USD/DKK
  • USD/DZD
  • USD/EGP
  • USD/HDK
  • USD/HKD
  • USD/HRK
  • USD/HUF
  • USD/IDR
  • USD/ILS
  • USD/INR
  • USD/IQD
  • USD/IRR
  • USD/ISK
  • USD/JOD
  • USD/JPY
  • USD/KRW
  • USD/KWD
  • USD/LBP
  • USD/LTL
  • USD/LVL
  • USD/LYD
  • USD/MAD
  • USD/MXN
  • USD/MXP
  • USD/MYR
  • USD/NOK
  • USD/OMR
  • USD/PHP
  • USD/PLN
  • USD/QAR
  • USD/RMB
  • USD/RON
  • USD/RUB
  • USD/RUR
  • USD/SAR
  • USD/SEK
  • USD/SGD
  • USD/SKK
  • USD/SYP
  • USD/THB
  • USD/TND
  • USD/TRY
  • USD/TUR
  • USD/TWD
  • USD/UAH
  • USD/WMR
  • USD/WMU
  • USD/WMZ
  • USD/XVN
  • USD/YER
  • USD/ZAR
  • USR/TRY
  • War/nin
  • WME/USD
  • XAG/AUD
  • XAG/CHF
  • XAG/EUR
  • XAG/GBP
  • XAG/HKD
  • XAG/JPY
  • XAG/ONC
  • XAG/USD
  • XAU/AUD
  • XAU/CHF
  • XAU/EUR
  • XAU/GBP
  • XAU/HKD
  • XAU/JPY
  • XAU/RUB
  • XAU/THB
  • XAU/TRY
  • XAU/USD
  • XAU/XAG
  • XBR/USD
  • XDP/USD
  • XPD/USD
  • XPT/USD
  • XPT/ZAR
  • XTI/USD
  • ZAR/JPY
Metals1:100
  • Gold
  • Silver
Cryptocurrencies
Stop Out:
10 %
Minimum position size:
0.01 лотов
Maximum position size:
60 лотов
Max. number of orders:
150
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
40 %
Commission:
Not
Phone trading:
No

Contacts of HotForex

Headquarters
о. Маврикий , EbeneCybercity, NG Tower
show on the map
+357-24-400561Локальный телефон
Представительство
Кипр , LarnacaSpirou Kyprianou, 50
show on the map

Recent customer reviews of HotForex

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

HotForex webinars and seminars

17:46 04 FEBRUARY, 2019
Webinar: “Live Analysis” - HotForex

Having a hard time analyzing the market? Let Stuart Cowell of HotForex teach you. In his webinar, he will analyze the market liv ...

19:01 30 NOVEMBER, 2017
Webinar: “Real-Time Market Analysis” - HotForex

Join Stuart Cowell, HotForex’s Senior Analyst, as he talks about the Forex, stocks, and commodities market in real-time. T ...

10:14 06 NOVEMBER, 2017
Webinar: “Live Analysis” - HotForex

Join HotForex analyst Stuart Cowell as he hosts again another live webinar to analyze the market. Anyone who registers in the we ...

HotForex bonuses, contests and promotions

All bonuses, promotions, contests HotForex
Offer type : Contests(until 31.12.2021)
Virtual to Real Demo Contest - HotForex

Master your trading skills and win up to $2,000! Join the Virtual to Real demo contest of HotForex and show others what you’ve got! Start: Ongo ...

Offer type : Contests(until 31.12.2021)
Traders Awards - HotForex

Every month, HotForex is awarding a trader with the highest gain a Crystal Obelisk and a $1,000 cash prize! It’s time to put your trading skill ...

Offer type : Contests(until 31.12.2021)
Gadget Giveaway - HotForex

Join HotForex’s Gadget Giveaway and win one of the coolest gadgets available on the market! Simply follow them on their social media channels! ...


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.