HotForex Update following the SNB CHF Cap Reversal

16 January, 2015

Following the Swiss National Bank’s decision yesterday to remove the Swiss Franc cap and the subsequent spike in volatility, the market experienced a period of extreme lack of liquidity for trading in CHF pairs. This led to significant losses for many market participants.

We would like to reassure you that HotForex is operating as normal, and was not affected in any material way.Our strict Risk Management procedures minimized the impact of this event. 

Furthermore, we have stayed true to our motto of Honesty, Openness and Transparency. As testament to our commitment to fairness, all negative account balances have been reset to zero and any clients that bought CHF have been paid in full.

We are very proud of our reputation in the market and we are confident that after this event our reputation will grow even stronger. We would also like to take this opportunity to thank all of our clients and partners for their continued loyalty and we are looking forward to a strong 2015. 

As a last note, please exercise extreme caution if entering the markets today as the volatility seems to be set to continue.


Source  
Best Forex Broker Asia 2019 Award for HotForex

Another great recognition for HotForex as the company has been awarded Best Forex Broker Asia 2019. This award is a great addition...

HotForex supports Tio Ellinas at Porsche Mobil 1 Supercup

HotForex proudly stands by Tio Ellinas' side for the fifth time, this year for a fascinating race at the Porsche Mobil 1 Supercup...

HotForex receives Best Forex Mobile App 2019 Award

This prestigious award is an acknowledgement of the company's outstanding quality and excellence in the forex industry...


HF Markets Expands its Global Reach

The multi-award winning broker HF Markets has now expanded its services to Dubai as it continues its mission to further enhance its global reputation...

The FX Revolution Starts at ZERO

With a minimum opening deposit of just USD 100, the HotForex ZERO Spread Account is an accessible, low-cost trading solution that is suitable...

Zero Spread VIP Account

We are pleased to inform you that we have launched our refreshed VIP Account offering spreads starting from zero. HotForex VIP Account has been upgraded...


Notification for Important Changes

This communication is to inform you of certain regulatory changes HF Markets (Europe) Ltd has applied as a result of the recent regulatory announcements by Cyprus Securities and Exchange Commission and the European Securities and Markets Authority (ESMA)...

Christmas and New Year Holiday Schedule 2016

HotForex would like to inform you of the Trading Schedule for the festive period 2016 (link below). Many of the Banks and Liquidity Providers take time out during the period and as such low liquidity and wider spreads may be observed...

US Presidential Elections 2016

As we approach the US Presidential Elections held on November 8th 2016, we expect to see a significant increase in market volatility across all financial instruments...

Top 10 Forex Brokers 2019

200+ Forex Brokers
Top 10 Profitable Forex Advisors
The Most Profitable Forex Advisors 2019

Automated trading systems are an opportunity to create passive earnings in the financial markets for all users. Successful and proven strategies are integrated into the algorithm of advisers, which will make it possible to earn on the pricing of assets without delving into the subtleties of technical analysis. We present the Top 10 Forex Advisors including Equilibrium, Excalibur, Night Owl...

Top 10 Forex Advisors 2019

All Forex Advisors
TOP 10 Best Forex Trading Platforms
Best Forex Platforms 2019

A variety of web terminals and specialized software makes a choice of a trading platform a difficult one for a novice trader. What should be this vital decision based on? To begin with, it is necessary to highlight the main criteria that high-quality software must meet for making money on financial markets...

Top 10 Forex Platforms 2019

All Forex Platforms