• Company Details
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HotForex

   

Company Details

Headquarters Ebene, Mauritius
Type of Broker STP
Founded 2010
Regulated By FSC (Mauritius), CySEC (Cyprus)
Offices In Mauritius, Cyprus
Supported Languages Arabic, Bulgarian, Chinese, English, French, German, Greek, Hindi, Hungarian, Italian, Japanese, Korean, Malay, Persian, Polish, Portuguese, Romanian, Russian, Slovak, Spanish, Tagalog, Thai, Urdu, Vietnamese
Website Visit Website

Account Details

Account Currencies EUR, USD, PLN
Minimum Deposit $5
Traders from USA No
Clients Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions No
ECN / STP Accounts Offered No
Commission on STP or ECN $5/100K (Currenex) per side, $3/100K per side (VIP account)
VIP Accounts Offered Yes
VIP Account Requirements Minimum Deposit $5,000
Mini Accounts Offered Yes
PAMM / MAM Solutions Yes
API Solutions Yes
Mobile Trading Yes
Web Based Trading Yes
Funding Methods Credit/Debit Cards ,Wire Transfer ,WebMoney ,Skrill ,Neteller ,CashU ,fasapay
Withdrawal Methods Credit/Debit Cards ,Wire Transfer ,WebMoney ,Skrill ,Neteller ,CashU ,fasapay

Platform Details

Platforms Offered MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iPhone, MetaTrader 4 Android, Webtrader, FIX API, Currenex
NO of Pairs 47
Pricing Digits 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts No
Mobile Alerts Yes
MetaTrader Server Time (Winter) GMT + 2
Demo Account Expiry Non-Expiring
VPS Offered Yes
Free VPS Conditions Minimum Account Balance $5000, Advanced VPS Minimum Account Balance $8000

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
Negative Balance Protection No

Additonal Instruments

CFD's Yes
Metals Yes
Binary Options Yes
Oil Yes
Stocks Yes
Indices Yes

HotForex Reviews Click here toWrite a HotForex Review

  • robin
  • Mar 10, 2016
  • Country: Guatemala
triangle img Been working with this broker for two years, had minor issues with their platform, but they quickly helped me to tune it finely exactly for my needs. Their support are really trading professionals, know ins and outs of MT4 I managed to decrease my ping from 50 to 25 ms just with their simple advices. Platform has plenty of features itself, so many trading instruments including stock CFD's and ShComp index. Everything is smooth and fast though we need to be very careful, especially when traded with 1:400 1:500 leverage. I'm really satisfied with my choice and I love trading with HF!

Typical Spread on Majors

 
EUR/USD 1.2
GBP/USD 2.1
USD/JPY 1.6

Company Details

HotForex

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.

Fully licensed and regulated by CySEC and the FSC, they offer various accounts types, trading software, and trading tools to facilitate individuals, fund managers, and institutional clients in trading forex and commodities.

With offices in Cyprus and Mauritius, and supported by global Customer Management Centers, HotForex offers an unparalleled trading experience with excellent multilingual support in an effort to provide its clients with every trading advantage possible.

HotForex is driven by their core values of Honesty, Openness and Transparency and this is reflected in all daily operations and management decisions.

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, HotForex aims to lead the way forward through the use of cutting edge technology, innovative 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 HotForex 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.

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