HotForex
Brand name

HF Markets Group Company
4.56 Rating based on 3 reviews
George KoumantarisCEO 50 USDMinimum deposit
2010Founded Forex, Indices, Metals, Energies, SharesTrading instruments
CySEC, Mauritius FSCRegulated MT4 for PC, Mac, Multiterminal, WebTrader, iPhone, iPad, AndroidTrading platforms
Larnaca, CyprusHeadquarters
140+Number of employees Get Widgets
  • +357-24-400165
  • support@hfeu.com
  • Technical support

    4.67
  • Trading conditions

    4.67
  • Additional services

    4.33

HotForex broker review

HotForex offers the following types of account:

  • Micro Account – Made for novices and clients who buy and sell small volumes.  Minimum deposit is $50. Spread begins from 1 pip. If you are a Muslim, it is available as a swap free account.
  • Premium Account – Designed for experienced users. Its basic property is sizing flexibility. The trade volume is limited with 60 lots. Minimum deposit required is $500. Spread begins from 1 pip.
  • VIP account – Has privileges over others including free 30 min. consultations with trading experts. Minimum deposit is $20,000. Spreads begin from 0,2 pips. Maximum trade size is 80 lots. One can have 400 simultaneously open orders.
  • Zero Account – Excellent choice for those who need low-cost trading conditions. The minimum deposit is $100. The solution is suitable for all types of traders. Scalpers and high volume traders can use it along with clients using EAs. The commission is $ 0.04 per 1K lot.
  • Auto Account – Designed for those who wants to subscribe to trading signals. It allows to copy the signals of the particular Signal Provider automatically. Min. deposit is $500.
  • FIX Account – Good for users who use fixed spreads. Works with EAs that function with fixed spreads. Min deposit is $500.

The advantages include low cost commission, excellent customer service, innovative technology solutions, access to mobile trading, a wide range of tools (trading calculator, economic calendar, VPS, one-click trading service and trader’s board where data is updated every 60 seconds.

HotForex broker promo video

 

Is HotForex scam or not?

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HotForex Reviews

3
  • 5/5   Nelson

    Hotforex is one of the best broker in the market in the current scenario.

  • 4.67/5   Alwin N

    I have been trading with HotForex since 2016 and without any problems. Initially I joined the broker as a test bed but it proved itself a good broker for me. There is no reason for me to leave Hot Forex platform in the short run.

  • 4/5   Sami

    I started trading in 2014 however i switched to this broker a few months ago. The overall trading experience with this broker is satisfactory. The spreads are acceptable and trading platform is user friendly. They have more than sufficient pairs to trade but my preferred pair is EURUSD. I sometime trade GBP too during London session and so far I am earning good returns. I currently rate them 4 stars / 5 stars for now.