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In depth review of HotForex Broker Site |
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Benefits of trading with Hotforex
- Flexible Bonuses 50%.
- We offer tight spreads on crosses from as low as 0.3 pips.
- Minimum deposit for Micro and Islamic accounts — only $5.
- Minimum deposit for Premium Accounts – only $500.
- Margin leverage from 1:1 up to 1:500.
- Free unlimited demo accounts available.
- Only for HotForex clients! TradeSignals.com services for FREE.
- Technical research and market news available regularly.
- Web-based access to the MT4 trading platform.
- Trade forex on the go – Mobile forex trading.
- Superior multilingual support 24/5.
- Scalping and expert advisors allowed.
- Fast account approval.
- Security of funds.
- Segregated Accounts.
- PAMM services.
- Free education courses.
- The Hotforex Blog.
Account types
Hotforex offer five different account types. The Micro account is designed for traders new to the forex market and those trading smaller volumes, and offers all of the main trading benefits of HotForex. The Premium account accommodates the retail trader that wants to enjoy the full benefits of trading with HotForex. The minimum opening deposit is higher than that of the Micro account and there is no maximum total trade size. The VIP Account, like anything VIP, embodies luxury. This account type accommodates traders who take their trading extremely seriously and deserve a few special perks at the end of the day. The Islamic account type is available replicate many of the features of the HotForex Premium account but with the key feature of no SWAP being applied. This account type is reserved for clients of Muslim faith. Finally, the Currenex account is designed for scalpers. There is a commission of $5 per 100,000 traded but the bid ask spread is tighter favoring scalping strategies.
Payment Options
Hotforex has many options when it comes to funding solutions. Clients can deposit through Credit Cards, Master Cards, Wire Transfers, Visa, Moneybookers, Webmoney, Neteller, Liberty Reserve, Perfect Money, Cina Union, Cash U, Alertpay and more.
Platform
Trading on any one particular system differs from trading on another. Whilst there is no definitive trading platform that satisfies’s all the traders needs, the HotForex MT4 platform offers a number of benefits to the end user. When you’re on-the-move, use HotForex MT4 Smartphone to access your Trading Account and trade through your web–enabled Smartphone. HotForex iPhone Forex Trading App is an iPhone compatible trading platform, designed especially to offer you the advantage of trading on-the-go with full functionality, even where 3G and Wi-Fi connections are not accessible! When you’re on-the-move, use HotForex MT4 Mobile to access your Trading Account and trade through your Android mobile phone and tablet. Our HotForex MT4 Android Platform is comparable with our full-function Trading Terminal. You will be able to fully access the financial markets and make orders from anywhere in the world. The HotForex Web Trader provides a rich and user-friendly interface in a highly customizable trading environment. You can trade from anywhere where internet is available, without having to download plug-ins, applets, or Web Start applications! We also have the newest addition, the Hotforex Blackberry and the Hotforex Ipad platforms.
Help for beginners
HotForex places great emphasis on Forex Education. In order to help their clients increase their trading knowledge they have therefore created e-course, tutorials and demo accounts suitable for everyone from beginner to advanced level.
Security
HF Markets Ltd (HotForex), is regulated by the Financial Services Commission (FSC) and has the obligation to protect client interests, As a result, the company has taken all necessary measures to protect client funds. This includes segregated accounts for their clients, bank accounts with reputable banking institutions such as Barclays and the State Bank of Mauritius, supervision by the regulator and excellent risk management. |
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Short Info. |
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| Website: |
www.hotforex.com |
| Foundation Year: |
2009 |
| Location: |
Mauritius |
| Regulation: |
FSC Mauritius |
| Platforms: |
The HotForex platform |
| Software: |
MT4, Webtrader |
| OS: |
Windows/Mac |
| Max Leverage: |
1 : 500 |
| Currency Pairs: |
45 |
| Spreads: |
0.3 pips on EUR/USD |
| Min. Deposit: |
$5 |
| Minimum Transaction: |
0.01 |
| USA: |
No |
| Bonus: |
50% withdraw bonus |
| Phone: |
(0044) 2033185978 |
| E-Mail: |
info@hotforex.com |
| Address: |
HF Markets Ltd, Suite 612, 6th Floor, St Denis Street, St James Court, Port Louis |
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