HotForex Reviews - Page 3

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Traders Rating on Forex-Ratings.com

HotForex Traders Rating on Forex-Ratings.com 4 based on 162 reviews
HotForex detailed information

HotForex


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Review Rating - 2
Opened a premium account with hotforex 9 months ago, everything was working alright when my losses were more than my winnings, when i started to profit and winnings increased making my ROI 350% in a month, hotforex showed me its real face, off quotes when exiting my trades, re quotes when executing trades, wide spreads that filled my stop losses. I lost half my account after that running winnings due to hotforex dealing desk service.

Review Rating - 1
Very good broker. Fast execution, fast withdrawal, security of fund. I believe this is all the trader needs.

Review Rating - 1
This broker is very decent with their liqudiity and pricing stuff. I have traded with it about 2 years withdrawn many times without an issue. I recommend trading with HotForex.

Review Rating - 4

Account number 269022
Hotforex is a market maker, no STP broker like they claim to be.
Look at hotforex website, there's no liquidity providers names, I was hotforex client, when I asked account manager about who are hotforex LP's he said can't reveal the names, it's a secret!!!
How can't a client know who are the LP's of his broker when hotforex claim to be STP!!!
Hotforex scammed me $15000 after leaving my account to negative balance, how can an accoun run on negative margin!!
hotforex didn't apply its margin policy and hotforex gave me in one account $136000 of bonuses when hotforex bonus policy states $30000 is the max. per account.
Hotforex cheat investors by claiming to be STP but hotforex is giving market maker service.
Hotforex must be punished by regulators CySec and FSA Mauritius.
Stay away of the SCAM hotforex.

Review Rating - 2
Fast broker, No requotes. Tested this along with 3 other brokers, shows best spreads on GBP/USD. I have premium account with them, testing Martingale EA on their VPS. Nothing to complain about. Recommend this broker for professional traders.

Review Rating - 2
I have joined this broker by a fellow local trader and IB, and this is my first forex broker. The support team and the IB helped me in funding since I was stucked with my Master card. I funded 300$ and mostly trade on major pairs, I earned a little after 2 weeks. I have not made any withdrawal yet but I will try them out in few weeks.

Review Rating - 2
Be aware of the scam hotforex. hotforex scammed me $14770.25 and no longer replying to my emails. They have fake spikes and control their platform with a software plugin. After making stable profits for long months and withdraw more than deposit, hotforex show its real face by providing bad service. It changes the contract terms and conditions whenever it wants. Adjust trades as it wants, that proves that hotforex is a market maker, having a dealing desk. No ECN/STP broker can adjust trades that are in market direct access.

Review Rating - 1
Using them for a while now, around 2 years in combination with rebates from hfrebates.com. I have had a few issues but they resolved them with no problems in my favor. So Im recommending them

Review Rating - 2
Best STP broker on the market. Looked through conditions of most popular broker (spreads, swaps, comissions, execution) and independent feedback sources as well, Hotforex seems to be beyond competition. I've just started to trade on demo with them, looking forward to move on real account soon

Review Rating - 2
Hot Forex does not have any company authorised call centre in India. But there are a lot of unauthorised call centre running illegally and seeking investment in the name of Hot Forex. I also fell prey to one of these such gangs.So, especially clients from india ,stay away from this fraud company Hot Forex

Review Rating - 2
I have traded with some local brokers but their spread and commission were so terrible, they are too high up to 25$/lot that I could not manage to trade. I know this broker through its banner on the forum and opened a premium account. Their spread was so good, especially the popular pairs as E/U and G/U. There are only slippages during news release but the broker would pay out the beyond price.

Review Rating - 2
I have been trading with this broker for 2 years and my experiences with it are good so far. My trading performance was improved a lot with my new EA, it runs smoothly on this broker MT4 and the spread in major pairs were tight for me to optimize my profit. A reliable broker with great quality services.

Review Rating - 2
All I faced with this broker are just problems. It's a shame since I trusted them due to the fact my friends have a good trading with me. I don't know if the problem is just in me, but I decided to pull out. Their platform is too slow for me. It hangs most of the time

Review Rating - 2
Quite regular and reliable STP broker for retail traders like me. Deposits and withdrawals are quick. Love their trading contest and competitions Support is available at any time and also well-qualified.

Review Rating - 1
You can send a request to their back office at ease to get personal agreement as did I.

Review Rating - 1
Hotforex l

Review Rating - 4
I have been informed that hotforex now got listed by Gbot and I really appreciate that news, it made me proud somehow, I have been with this broker since a while and they always achieve new progress and I think they have set limitless challenges for the future, I have always been a bit sad when my friends and people on forums told me that hotforex was not really the best choice and they cant be trusted, but I have always been thinking differently and I found out that this broker is most caring about traders and they always improve their company .

Review Rating - 2
Can anybody say about 'client agreement'?.I have live accounts with 3 brokers.hotforex one of them.when i download the 'client agreement pdf' ,i can't see my name ,a/c statistics,etc.these pdfs have only their general client agreement.Then,what is the legal evidence between broker and us?.If,any problem with broker,how do we make a legal action? .but they regularly send 'daily a/c confirmation'by email.Is this enough for believe them? you please share your comments....

Review Rating - 1
HotForex is the best help I could get in Forex Trading !!!

Review Rating - 1
Happy with HotForex, adding new promotions all the time.. iphone app is the best

Review Rating - 1
This broker has a low spread even in micro account, fast and flexible withdrawal, fast execution, it allows EA in MT4 platform and has a low spread Currenex account available, so nice!

Review Rating - 2
I have been using this broker for past 2 years and find there is a lot of suport from their back office, if the spread is larger and it was not as promised, they reimbure with the spread charged or widened, i dont have problems funding and withdrawing...... overall im very satisfied with this broker.........

Review Rating - 1
i already try lot of broker but hotforex is best for me.i wish they will do better day by day

Review Rating - 2
I'd got an email notice from hotforex about their new released ipad app.

I downloaded it instantly and it's working fine on my ipad2. it's really cool to trade with a nice visual experience.
I also tested it using my wife's ipad 1, and it's working well too.

i'd not bought iphone 4S yet, and not tested their iphone app previously. I would love to have a try.

Review Rating - 2
Hello guyz, guess how am I trading today ? ... I am trading with coolest way ever ) I have just downloaded the iPad application to trade with Hotforex, this iPad trader is awesome as it allows me to trade almost like from my desktop and nearly all the features are included ! ... its really a great gift from Hotforex for the new year !!