HotForex — Forex Broker Rating and Review 2020

HotForexHotForex website
Status
Regulation CySEC, FSC, FSB, FCA, BaFin, DFSA
Trading software HotForex MT4/MT5, HotForex PAMM System
Headquartered HF Markets Ltd C/o SAFYR UTILIS LTD 7th Floor, Tower 1 NeXTeracom Cybercity Ebene 72201 Mauritius

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.

Earning your trust

Operating under the brand name "HF Markets Group", HotForex is authorized and regulated by the Cyprus Securities and Exchange Commission (CySec). The Company holds a Cyprus Investment Firm license with number 183/12 and also has a Category 1 Global Business License issued by the Financial Services Commission (FSC) of the Republic of Mauritius.

What we provide

HotForex broker offers various account types, trading software and tools to facilitate individuals and institutional customers to trade Forex and Commodities online, including a demo account, trading on webtrader and different types of demo contest*. We offer trading on HotForex MT4, HotForex MT5* and the HotForex PAMM System which are the company’s customized versions of the world’s most popular trading platform. In addition, original MT4 and MT5* download is available on the MT4 and MT5 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. HotForex 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.

Pushing the boundaries

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 usage of cutting edge technology, innovative forex systems solutions, low cost commissions and unrivalled customer service.

By your side at every step

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.

Not just a mission, it's a promise

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.

Values

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

High quality services offered by HF Markets LTD Mauritius and reliable FSC & CySEC regulation keep the company far apart from some scam dealing centers operating currently on the market. HotForex 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 on this site where you can also read broker reviews by other traders. But always remember that a forex broker review may not be objective enough before making any decisions.


* Certain products & services may or may not be available to all clients depending on which HF Group entity their trading account(s) adheres to.

HotForex trading information

WWW http://www.hotforex.com/
Address HF Markets Ltd C/o SAFYR UTILIS LTD 7th Floor, Tower 1 NeXTeracom Cybercity Ebene 72201 Mauritius
Headquarters Mauritius
Free phone +44-2033185978
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Forex contests, competitions
1st deposit bonus
Trading by phone
Mobile trading
Automated trading
Daily analysis
Demo account
Swaps
24 hour trading
Scalping
Hedging
PAMM
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type fixed & variable
Pip spread on majors 0-1.2
Leverage 1000
STP, $
ECN, $
Standard account, $ 5
Micro account, $ 5
Popular payment methods Bank Wire Transfer, Credit Cards, WebMoney, Skrill, Moneybookers, Neteller, cashU, fasapay, bitcoin
Account currencies EUR, USD, PLN
Other instruments Forex and Spot Metals, CFDs on Commodities, Indices, Oil and Shares, cryptocurrencies, bonds
Languages Russian, English, Spanish, Bangladesh, Vietnamese, Korean, Greek, Chinese Traditional, Chinese Simplified, Italian, German, Polish, Portuguese, Malay, Thai, Bulgarian, Slovak, Czech, Farsi, French, Romanian, Arabic, Indonesian, Hungarian, Filipino.
Platforms MT4, MT5, Mobile Trading, iPhone, iPad, Android, WebTrader, FIX/API
Broker type Broker
Regulation CySEC, FSC, FSB, FCA, BaFin, DFSA
Foundation 2010
Copy Trading Brokers
Bitcoin Forex Brokers

I have been trading with this broker for 2 years from 2017, this broker is pretty popular on both international and local areas. HotForex is reliable and have wide services and currencies to trade. You can trust this broker and focus to trade and don't need to worry if you can really withdraw your profit, fund from this broker. I withdrew more than 10 times from this broker and they always process withdrawal requests in 24 hours, except holiday.

Chris Jang   30 December, 2019  

Fulfillment of obligations is a reputation. I take it that way. HotForex sticks to promises. This applies to trading conditions and withdrawal. You will not find hidden fees that you don't even know about, but they will be written off. Everything is transparent. Reliable broker. Trading is fast, accounts are easy to open, working with them is simple. You can forget about technical problems, provided that your Internet provider does not fail.

Alex   11 October, 2019  

How much I had to sort out brokers and lose my money before I found a HotForex broker. I have something to compare, this broker is the most reliable and safe for trading. Six months after the beginning with the broker, I reached a good level of earnings. Withdrawing funds to any payment system without problems. The first profit withdrawal is not very fast, as the check is in progress, and then everything is fast.

happyclient   17 September, 2019  

Many traders blame brokers for all their sins, forgetting that trying to earn a lot and quickly, they are covered by a wave of greed and hence the conclusion: losses and drain of the deposit. This is where the roof blows: the negative rushing from all the cracks. Therefore, various negatives addressed to many companies, in many cases I consider unreasonable. Learn to trade. Do not imagine to get rich in five minutes.

Dannnn   13 September, 2019  

Started trading demo account when i was a college graduate back in 2016. Since i master the tricks of the trade using their demo and in 2018 i came known to real live trading with few hundred dollars. There were some initial ups and down too however i keep my eyes on trading opportunities and whenever i find favorable trends i trade them and succeed in making money. I am not a full time trader yet this is my full time broker and i like it the most.

Abu Randawa   6 September, 2019  

Everything is fine, trading is going smoothly, from the technical side, everything is stable at HotForex. The conditions on my deposit are good, and even despite the fact that the spreads are floating, I do not feel any big waste on contributions to the broker. Many say that there are not enough bonuses in the company, but I do not agree. I don't think brokers bonuses are something good. Behind them is always some kind of catch. Remember, if a broker gives something, he will take something in return. Therefore, it's good that they are not here, it's so calmer for me.

Patrick   27 August, 2019  

Generally speaking, I am very pleased with the work of HotForex. The cabinet is very easy for me to use and there is everything there that is needed, intuitively everything is clear. The conditions are normal - the spreads are one of the lowest. Qualified support - and this is very important. You can always count on timely help.

Sanny   22 August, 2019  

I have traded with hotforex for years and no complaint so far, a stable and reliable broker. Now I am doing a broker IB and I always recommend Hotforex to my customer as a decent choice for especially new trader.

guest   7 August, 2019  

I trade in the company HotForex 3 months. As for me, trading in exotic currency pairs is much more profitable than the main currency pairs, forecasts are more reliable, and the price is more stable. correct me if I'm wrong, I don't have enough experience, but this does not mean that I should approach trading less rationally. If the profit is stable and there are no losses, then why should I change the strategy then. I watch the news feed from HotForex every day! It helps me to be aware of all the events and of course to make money on it. Every month I withdraw 10% of the profits from the deposit.

Jasper   2 August, 2019  

Hello, I would like to share my impression about the HotForex broker. I have been working with them for a little more than six months and so far I have marked for myself both positive and negative points. On the positive, I can say that it is quite comfortable and user-friendly trading software. Customer support is friendly and helpful. The only thing I didn't like was some delay in withdrawal. From a couple of hours to several days. But nevertheless I managed to withdraw profit. Though I did not try large sums, as for me it is an additional income, not the main one. For those who have experience in Forex, the broker will be comfortable. I want to note that, in principle, with forex you need to work with experience, otherwise there are great chances to lose.

Leonardo   1 August, 2019  
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HotForex Rating and Review

HotForex Rating

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Reviews Rating HotForex - 5

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