HotForex (hotforex.com )

HotForex's service condition outweighs most of the other FX brokers'. Find out Why.

HotForex

HotForex is an European Forex broker founded in 2009, licensed by CySEC.

The broker has achieved to open over 500,000 live accounts within 7 years, it is known to be one of the fastest growing broker in Europe.

☆Point – The number of live accounts opened exceed other majority of Forex brokers’ in the world.

In terms of “Trading Conditions”, HotForex beats most of the Forex brokers in the world. And at the same time, it is important to note that there is no withdrawal issues reported against HotForex before.

We are happy to recommend HotForex as your broker.

Trading Info

HotForex offers very competitive trading conditions.

The maximum leverage 1:1000 is available only with a handful of FX brokers in the world.

☆Point – NBP(Negative Balance Protection) is supported. Thus, no exceeded losses.

The trading cost is the lowest among our over 50 partnered brokers, as the average spread is 0.6 pip with only $6 per 1 lot of trading commissions. You can see the real spread of HotForex in here.

As HotForex offers NDD(Non Dealing Desk) environment, the broker allows all kinds of trading methods on its trading platform. (except arbitrage)

It is very hard to find a broker with this “fine” conditions.

Before start trading with HotForex, make sure to receive 7,000 USD to your Margin and Withdrawable Cash Back Bonus.

Pros & Cons of HotForex

For the full information of available Deposit and Withdrawal methods, please visit the page here.

Service Details

Service Details
CompanyHotForex
(HF Markets (Europe) Ltd)
Website hotforex.com
Regulation
Founded in2009 (8 years)
Offered Instruments
Business Model
Max Leverage1,000:1
USA clients Not Accepted
JPN clients Accepted
Country BaseRepublic of Cyprus
Headquaters Spirou Kyprianou 50 Irida 3 Tower 10th Floor Larnaca 6057 Cyprus
Supported Platforms

Support desk

Support desk
Phone number+357 24 400561
Service Hour24/5
Phone Support Available
Live Chat Available
Callback Available
Japanese Support Available
Telephone Order Available

Trading Accounts (7 accounts)

Here are the details of all Forex trading accounts of HotForex.

TitleZeroVIPPremiumMicroHF Social (FxStat)FixedAuto(MQL5 )
Account TypeForexForexForexForexForexForexForex
Trading PlatformMetaTrader 4 (MT4)MetaTrader 4 (MT4)MetaTrader 4 (MT4)MetaTrader 4 (MT4)FxStatMetaTrader 4 (MT4)MetaTrader 4 (MT4)
Minimum Deposit$100$20,000$500$5$100$500$500
Accout CurrencyEURUSDEURUSDEURUSDEURUSDEURUSDEURUSDEURUSD
Execution TypeNDD
(Market)
NDD
(Market)
NDD
(Market)
NDD
(Market)
NDD
(Market)
NDD
(Market)
NDD
(Market)
Leverage200:1300:1400:11,000:1100:1400:1400:1
Spread TypeVariableVariableVariableVariableVariableFixedVariable
Minimum Spreadfrom 0 pipfrom 0.2 pipsfrom 1 pipsfrom 1 pipsfrom 2.0 pipsfrom 1.8 pipsfrom 1 pips
Trading Commission$8/12 per lot for Majors/Others$6 per 1 round turn lotN/AN/AN/AN/AN/A
Minimum Trading Lots0.010.10.010.010.010.010.01
Maximum Trading Lots60 Standard Lots80 Standard Lots60 Standard Lots5 Standard Lots Lots60 Standard Lots60 Standard Lots60 Standard Lots
Decimal Pricing5555555
Margin Call %50%50%50%40%50%50%50%
Stop Out %20%20%20%10%20%20%20%
EA (Automated Trading)AllowedAllowedAllowedAllowedAllowedAllowedAllowed
ScalpingAllowedAllowedAllowedAllowedAllowedAllowedAllowed
HedgingAllowedAllowedAllowedAllowedAllowedAllowedAllowed
News TimeAllowedAllowedAllowedAllowedAllowedAllowedAllowed
PAMM/MAMAvailableAvailableAvailableAvailableN/AAvailableAvailable
Islamic (Swap Free)N/AOptionalOptionalOptionalN/AOptionalN/A
Interest on MarginNoneNoneNoneNoneNoneNoneNone

Free 123 USD

30 USD for Free

25 USD for Free

300 USD for Free

100 USD for Free

30 USD for Free

Partner brands

Hercules