HotForex

Brand name

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.

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