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HotForex

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Specifications
Broker Name Hotforex
Broker Type: ECN
Country of Origin Mauritius
Regulation AuthorityCySEC, FSC
Founded in-
Language SupportMultilingual
Account Types-
Platform Language: Multilingual
Minimum Spread1
Minimum Deposit5
Description

HotForex Review

HotForex is one of the popular broker in market.

Company Information

Broker’s Name HF Markets Ltd. (HotForex)
Website www.hotforex.com
Headquartered in Mauritius
Founded in 2013
Regulating Authority CySEC, FSC
US Clients Accepted              No
Telephone Number 44-2033185978
Fax Number 44-2033188569
E-mail Address support@hotforex.com

Trading Details

Dealing Desk No
Maximum Leverage 1000:1
Minimum Contract Size 0.01
Execution Market Execution
Hedging Yes
Scalping Yes
Scalping Restrictions No
Option of OCO No
Option of FIFO No

Overview

HotForex is an award winning forex and commodities broker, providing trading services and facilities to both retail and institutional clients. Through its policy of providing the best possible trading conditions to its clients and allowing both scalpers and traders using expert advisors unrestricted access to its liquidity, HotForex has positioned itself as the forex broker of choice for traders worldwide.

Operating under the brand name “HotForex” is authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) the Company holds a Cyprus Investment Firm license with number183/12 and also has a Category 1 Global Business License issued by the Financial Services Commission (FSC) of the Republic of Mauritius.

It`s  broker offers various account types, trading software and tools to facilitate individuals and institutional customers to trade Forex and Commodities online, demo account and trading on webtrader and different types of demo contest. The broker offers trading HotForex MT4, HotForex PAMM System which are company’s customized versions of the world’s most popular trading platform. Besides, original mt4 download is available at mt4 server. All Retail, Affiliates and White Label clients have the opportunity to access interbank spreads and liquidity via state of the art automated trading platforms. It provides an unparalleled variety of account options that clients can select to enjoy a tailored trading experience that perfectly suits their needs. Coupled with superior trading conditions and lightning fast execution, HotForex provides all the tools and services needed for clients of any level to realize their trading ambitions.

With many years of active trading experience across multiple platforms and markets, the progressive and dynamic HotForex management team recognized that traditional web based forex brokers would be placed under increasing pressure due to their delays in executing trades, frequent system failures and poor overall customer service. As a result, HF forex aims to lead the way forward through the usage of cutting edge technology, innovative forex systems solutions, low cost commissions and unrivalled customer service.

HotForex clients are of paramount importance, which is why everything we do is always with the goal of improving their overall trading experience. Our dedication to clients stems from our belief in offering a level of personal customer service that is second to none. The Hot Forex customer support team is comprised of industry professionals who are available around the clock 24/5 to help clients with anything they may need from initial registration to the withdrawal of trading profits.

Our Mission is To be the most reliable broker in the industry in terms of the services we offer. What does reliable mean? To be Consistently good in quality of performance and able to be trusted.

Our Values are the way we consistently achieve our Mission. At HF broker we value getting results, honesty, teamwork, building exceptional products and services and most of all putting clients and partners first by offering the best services possible to them.

High quality services offered in HF Markets LTD Mauritius and reliable FSC & CySEC regulation keep the company far apart from some scam dealing centers operating currently on the market. HF forex broker ratings and HotForex reviews show that the company is highly popular among traders worldwide. To leave your personal HotForex review please visit the company’s profile page on our site where you can also read broker review by other traders. But always remember that a forex broker review may not be objective enough before making any decisions.

Advantages:

To recap, the main advantages of dealing with Hotforex include:

  • Can trade in small volume
  • Comprehensive Customer support
  • High Bonuses
  • High Leverage of 1:1000
  • Low minimum deposit to open a trading account ($5)
  • Low spreads starting from 0.2 pips
  • Multiple choices of trading platforms
  • Wide varieties of trading instruments

 

Disadvantages:

Considering what has been offered by Hotforex, it is difficult to find fault with them. When we compare Hotforex with other forex brokers, it’s hard to find another that come close to the advantages which Hotforex are offering their clients.

Established since 2008, Hotforex have been gaining popularity among many retail traders. While most brokers will try to concentrate on the big traders, it have not neglected the small trader. This is evident in features of their micro trading account. You don’t need a small fortune to start trading and furthermore, their spreads are quite reasonable. It is no wonder that it managed to capture an award from World Finance for 2012.

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