HotForex customer reviews
62 reviews from traders. Add your review →
Jerry A. Pagan ★ 4/5 — 2021-08-30Pros: The trading conditions are too good to.
Cons: The site sometimes freezes completely
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..
Jisham ★ 4/5 — 2021-04-08Pros: Withdrawal, execution, support
Cons: trading platform
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.
james signal27 ★ 5/5 — 2021-04-01Pros: established, reliable, well known
Cons: no us trader are allowed
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.
Mộng Huyền Nguyễn Thị ★ 5/5 — 2021-03-31Pros: Swift and advanced services
Cons: too complicated for new trader
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.
Hadees ★ 5/5 — 2020-11-11Pros: All's good
Cons: So far none
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 Been trading with them for a couple of months now, and have withdrawn twice already, both without any issues.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.
Shirley ★ 5/5 — 2020-11-09Pros: 5 stars
Cons: None as of now
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!
Arjuman ★ 5/5 — 2020-10-30Pros: good execution, no reqoutes, less spreads, withdrawal and deposits are instant
Cons: no new bonuses
Hotforex can be a good choice if you are looking for timely execution of orders with low spreads and timely withdrawals of profits.
Haziq ★ 5/5 — 2020-10-26Pros: Good broker
Cons: none
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.
Magno ★ 5/5 — 2020-10-25Pros: multi regulation, fast withdrawals, snappy execution
Cons: no US traders
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
Minh Phuong ★ 5/5 — 2020-10-23Pros: FCA regulated and fast payout
Cons: Complicated
Trading with this broker for about 1 year and have steady income, no hassle with payment. Bonus program is not easy to claim.
Hung Tran ★ 5/5 — 2020-10-16Pros: Fast payout, regulated
Cons: Complicated to start
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.
Azka Munir ★ 5/5 — 2020-10-14Pros: good trading pairs, superb trade execution
Cons: none
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.
Azka Munir ★ 5/5 — 2020-10-14Pros: good trading pairs, superb trade execution
Cons: none
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.
Ameer ★ 5/5 — 2020-09-10Pros: easy withdrawals,
Cons: no complaint so far
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.
Matthew ★ 5/5 — 2020-08-26Pros: Good overall
Cons: None
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.
Hamid Gardezi ★ 5/5 — 2020-08-21Pros: tight spread, timely execution, acceptable leverage
Cons: no cent account
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.
MAXIM ★ 5/5 — 2020-08-19Pros: Everything's good
Cons: None so far
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.
davidforex12 ★ 5/5 — 2020-08-14Pros: fast withdrawal
Cons: n/a
just made another withdrawal past wednesday via skrill, got my withdrawal later thursday, usually it takes tops 48 hrs. the broker is good
Forex 101 ★ 3/5 — 2020-08-14Pros: Good service, execution
Cons: Recent withdrawal issue
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.
Julius42 ★ 5/5 — 2020-07-24Pros: regulated by multiple bodies. excellent excution and quick resposnse
Cons: -
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
Urdi ★ 5/5 — 2020-07-20Pros: Good, reliable Forex broker
Cons: None
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!
Yushi ★ 5/5 — 2020-07-15Pros: good broker, legit
Cons: none
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.
Vega Carlos ★ 5/5 — 2020-07-10Pros: Fast support, variety account/service, good spread
Cons: Not easy to pick suitable account for new trader
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!
Vega Carlos — 2020-07-10How much is your withdrawal? How's about $50k withdrawal? do they process it fast?
Juaqine ★ 5/5 — 2020-06-26Pros: great platform options, multiple withdrawa/deposit options. stability, fast execution.
Cons: -
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.