HotForex.com Cyprus, Mauritius, South Africa and Saint Vincent and the Grenadines Based Forex Trading Broker Review
Below is a Forex review of online currency broker HotForex.com. HotForex.com broker is based in Cyprus, Mauritius, South Africa and Saint Vincent and the Grenadines. Below is a list of the most common review questions that traders ask about this online Forex broker.
Forex Broker reviews - Forex Reviews of HotForex.com
Where is HotForex.com currency broker based
Hot Forex is based in Cyprus, Mauritius, South Africa and Saint Vincent and the Grenadines, the address for this broker is
HF Markets (Europe) Ltd,
Spirou Kyprianou 50,
Irida 3 Tower,
HF Markets Ltd,
Saint Vincent and the Grenadines,
HF Markets (SV) Ltd.
Griffith Corporate Centre,
P.O. Box 1510, Beachmont
Saint Vincent and the Grenadines.
Is HotForex.com a licensed and regulated Forex broker
Review details of the license, registration and regulation of this FX broker can be found on their website.
- HF Markets (Europe) Ltd is a Cypriot Investment Firm - CIF under business number HE 277582. Regulated by the Cyprus Securities and Exchange Commission - CySEC under the regulation license number 183/12.
- HF Markets (SV) Ltd is incorporated in Saint Vincent and the Grenadine as an International Broker Company with the registration number 22747 IBC 2015
- HF Markets Ltd is regulated by the Financial Services Commission - FSC in the Republic of Mauritius, category 1 Global Business Number C110008214 License and Company Registration Number 094286/GBL
- HF Markets SA (PTY) Ltd is an authorized Financial Service Provider in South Africa under the Financial Service Board in South Africa, with authorization number 46632
What is the execution method of HotForex.com
STP broker implementing Instant Market Execution of Orders.
What are the spreads of this broker
The broker spreads are:
1.6 pips and 0.3 for Zero Spreads Account
2.5 pips and 0.6
1.7 pips and 0.3
1.9 pips and 0.7
Financial Instruments Provided For Trading
What are the Forex account types of this online currency broker
Accounts provided are:
- Micro Account
- Premium Account
- VIP Account
- FIX Account
- Auto Account
- PAMM Account
- Zero Spreads Account
- Islamic Account
Does HotForex.com broker have Islamic Trading Accounts
Hot Forex Provides Islamic trading accounts that are swap free trading account and the minimum account opening deposit for Islamic account is $150
What are the terms for demo trading accounts
Unlimited time non expiring demo account of account balance $100,000 on Metatrader 4 platform
How is the withdraw and deposit process of HotForex.com
Deposits and withdraws are processed the same day.
Bank Wire, Credit Card, Skrill, FasaPay, WebMoney, Perfect Money and Neteller payments methods are available for depositing and withdrawing cash.
What is the minimum account opening capital for Accounts
- Micro Account - $5
- Premium Account - $500
- VIP Account - $20,000
- FIX Account - $500
- Auto Account - $500
- PAMM Account - $250
- Zero Spreads Account - $100
Does HotForex.com give an account opening deposit bonus
This broker gives an account opening bonus of 100% of the deposited amount
What is the security and reliability of HotForex.com
What is the Forex broker ratings for security and reliability.
Regulated In the Cyprus, Republic of Mauritius, Saint Vincent and the Grenadines and South Africa this broker has a high level of reliability and security of funds.
Does HotForex.com accept scalping
This broker allows scalping currency trading.
Does HotForex.com give free education to currency traders
This broker provides learn currency trading education for learn trading online.
The broker provides a comprehensive education tutorial section where traders can learn what is foreign exchange market, leverage and trading strategies to trade currencies with.
What are the Forex trading platforms of this online currency trading broker
MT4 for Smartphone
Is HotForex.com a MetaTrader 4 Forex broker
This broker provides MetaTrader 4 software which is the best Forex trading platform according to reviews.
The broker provides this trading platform and this platform can be downloaded on the brokers trading website.
Does HotForex.com allow automated forex trading
The broker automated trading policy on automated currency trading is:
This broker allows for EAs, Expert Advisors and other Forex automated trading on their MetaTrder 4 platform.
What are HotForex.com broker website sections
The website sections of these trade broker are:
Forex Trading Accounts Section: where traders will find information about accounts such as demo practice account and live accounts provided by this broker. Traders wanting to start trading can open an account from this section.
Contact Section: there is a section of contacts for this fx trading broker, where an fx trader can contact this online broker.
Forex Trading Platforms Section: this section provides a platforms where a trader can choose one for trading online.
Currency Trading tools sections that provides currency analysis, economic calendar, video tutorials, trading education and calculators for calculating pip value.