HotForex – Forex Broker review

HotForex Review and Rating
Hotforex review

Name: HotForex Review

Description: HotForex and HF Markets are unified brand names of the HF Markets Group. HotForex is a forex broker who offers the MT4 and MT5 trading currency platforms. HotForex is one of the brokers whose policies protect customers’ accounts from negative balances.

68%
68 of 100 1 review
  • Support - 50%
    50%
  • Platform - 80%
    80%
  • Insights - 60%
    60%
  • Leverage - 70%
    70%
  • Commission - 80%
    80%

Summary

HotForex is offering a wide range of trading tools and instruments. They are also a good broker for small retail traders. Because of that, Hotforex is one of the leaders of the currency trading market. HotForex is one of the EU award-winning brokers, and their website is self-explanatory and user friendly. HotForex.com offers over 45 currency pairs, cryptocurrencies including bitcoin, indices, shares, bonds, gold, silver, energies, commodities, and CFDs for your investment and trading options. Read HotForex forex broker review, rating, and detailed information for their services below.

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User Review
3.5 (2 votes)
Comments Rating 0 (0 reviews)

Pros

  • Strong regulation
  • Low competitive spreads
  • MT4 available
  • Bonuses available
  • Choice of Trading Accounts
  • A good number of trading tools
  • Low deposit

Cons

  • Mixed pricing across account types
  • No weekend trading Cryptocurrency
  • No Islamic Account

HotForex founded in 2010, and It is regulated by the Financial Services Commission (FSC) of the Republic of Mauritius under the name of HF Markets Ltd. HotForex is an online forex and CFD global broker. Over the years, HotForex has grown into one of the leading online forex brokers in the world.

The key to their success is their focus on being “Customer-focused.” While it is easy for a broker to promise to deliver quality services to their clients, not many brokers can do as they have professed. However, this is not the case with HotForex. The broker has to date been able to offer what their clients need.

HotForex Detail Information

Company HF Markets Ltd.
Founded in 2010
Offices in Cyprus, Mauritius, Poland
Payment options CashU, Credit/debit cards, Neteller, Skrill, SOFORT, WebMoney, Western Union, Wire transfer
Demo platforms MetaTrader 4 (Limited with 30 days)
Account currencies Euro, Polish złoty, United States dollar
Currency pairs
AUD/CAD AUD/CHF
AUD/JPY AUD/NZD
AUD/USD CAD/CHF
CAD/JPY CHF/JPY
EUR/AUD EUR/CAD
EUR/CHF EUR/DKK
EUR/GBP EUR/HUF
EUR/JPY EUR/NOK
EUR/NZD EUR/PLN
EUR/RON EUR/USD
GBP/AUD GBP/CAD
GBP/CHF GBP/JPY
GBP/NZD GBP/USD
NZD/CAD NZD/CHF
NZD/JPY NZD/USD
USD/CAD USD/CHF
USD/CNH USD/CZK
USD/DKK USD/HKD
USD/HUF USD/JPY
USD/NOK USD/PLN
USD/RON USD/RUB
USD/SEK USD/SGD
USD/TRY USD/ZAR
ZAR/JPY
Regulated by CySEC, 183/12
FSC (Mauritius), 094286
Website available in Arabic, Bulgarian, Chinese, English, French, German, Greek, Hindi, Hungarian, Italian, Japanese, Korean, Malay, Persian, Polish, Portuguese, Romanian, Russian, Slovak, Spanish, Tagalog, Thai, Urdu, Vietnamese
Support available in Arabic, Chinese, English, German, Greek, Hindi, Japanese, Korean, Persian, Russian, Spanish
Support methods Email, Live Chat, Phone
Trading server time zone GMT+2
Conditions for VIP traders Smaller commissions with tight spreads.

HotForex Features

  • Bonus offers
  • Trading contests
  • Free education
  • Personal manager
  • Trading by telephone
  • PAMM accounts
  • Segregated accounts
  • Managed accounts
  • Affiliate program
  • Islamic accounts available

Account Types

  • Micro Account
    • Hedging
    • Overnight interest rates (swaps)
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • Premium Account
    • Hedging
    • Overnight interest rates (swaps)
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • Currenex Account
    • Hedging
    • Overnight interest rates (swaps)
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • VIP Account
    • Hedging
    • Overnight interest rates (swaps)
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • Islamic Account
    • Hedging
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • Zero Spread Account
    • Hedging
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
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