Hot Forex Review

Hot Forex Reviews and Ratings

  
Websitehttps://www.hotforex.com/sv/en/index.html
Live ChatYes
Telephone44-2033185978
Broker TypeMarket Maker
RegulationsCySec, FSC
Min Deposit$5.00
Account Base CurrencyUSD, EUR
Max Leverage1:1000(micro account) 1:500(Premium account)
Trading PlatformsMetatrader 4, webtrader, HOTFOREX FIX/API
MarketsForex, metals, Cryptocurrencies, indices, shares, energies,bonds and commodities 
Bonus Offered100% super charged bonus, 100% credit bonus
Funding OptionsDebit/Credit card, Skrill, UnionPay , Neteller, Wire transfer, Webmoney, Fasapay, Bitcoin
US Clients?NO

Hot Forex Review

Overview

The award-winning Hot Forex is owned by the HF Markets Group and regulated by CySEC. It has won the Best Broker in Asia Award, and is audited by Deloitte. 

Since its incorporation in 2010, over 500,000 live accounts have been opened with the brokers. It is also regulated by the FSC in Mauritius. Clients enjoy a wider variety of accounts,

Account

Micro accounts with minimum deposits of $5 and variable spreads starting at 1 pip can be opened. 

Premium accounts are available with $500 minimum deposit and maximum leverage 1:400, spreads from 1. Zero account requires $100 minimum deposit, with maximum leverage 1:200 and variable spreads from 0 pips. 

Fixed account offers a minimum deposit of $50 for fixed spreads, VIP accounts offer variable spreads with $20,000 minimum deposits. 

Islamic accounts, Auto accounts with minimum $500 deposits and PAMM managed accounts are also available. 

The Auto account is only available with MT4. VIP accounts enjoy personalized service. Demo accounts are available.

Minimum deposit

$5hotforex website snapshot 2021

Maximum leverage

1:1000 for Micro, 1:500 for Zero/Premium accounts.

See also  FXDD Review

Features

Hot Forex offers a variety of trading platforms including Meta Trader 4, Web Trader and mobile trading. Heding and scalping is allowed. 

The Rapid Trader API is also available as a part of 8 platform options including desktop and mobile platforms. EA Trading is allowed. 

Hot Forex offers programs like Affiliates, Introducing Brokers, White Label and the HotForex Prime, as well as loyalty programs, bonuses and a HotForex MasterCard for withdrawals and deposits.

Education

E-courses, video tutorials and webinars are available for beginners and advanced traders to learn or hone their skills, with the help of economic calendars, executive analysis, forex news, trading calculators, autochartist and other advanced tools.

Deposits/Withdrawals

Deposit and withdrawal methods including credit and debit cards, and bank wires. Withdrawals can be made on the same day for requests before 11 am (non-UK withdrawals) or 2 pm (UK withdrawals.)

Customer service:

24/5 support available through phone, email, and live chat.

 

 

User reviews: Check out more Hot Forex Reviews below.