HotForex Review and Profile
HotForex is a broker of forex trading exchange services both online and offline throughout the world, established in 2010 and regulated by several regulatory bodies including: FCA, DFSA, FSCA, FSA. HotForex offers patent tools and technology for individual traders, financial managers and institutional clients to trade Forex online.
Headquartered in St. Vincent & the Grenadine and supported by the Customer Management Centers throughout the world, HotForex offers the opportunity for Retail, IB and White Label Clients to access interbank bank spreads through automated trading platforms with high art.
HotForex mission is to provide the best customer service to clients by maintaining a client-oriented culture thus can achieve vision to maintain the position of market leader known as the greatest customer service.
HOTFOREX COMPANY INFORMATION
- Company name : HF Markets Ltd
- Founded : 2010
- Headquarters : St. Vincent & the Grenadine
- Regulatory Agency : FCA, DFSA, FSCA, FSA
- Broker Type : ECN/STP
HOTFOREX ADVANTAGES :
- Tight spreads from as low as 0.1 * (EURUSD)
- Flexible leverage up to 1: 1000
- EA, Scalping, and Hedging Allowed
- myHF portal allows online account management
- 24/5 special support
- Forex, Indexes & Commodities trading
- 100% Credit Bonus
- 100% Super Bonus
- Free Fee Account Funding
- Run Trading directly with One Click Trading
- Breaking Market News and Analysis
- Free VPS hosting
HotForex has received international awards including:
- BEST FOREX AFFILIATION PROGRAM 2012 by GLOBAL BANKING AND FINANCE
- BEST ONLINE FOREX BROKER 2012 by NEW EUROPE MAGAZINE
- BEST ONLINE BROKER IN ASIA 2012 by WORLD FINANCE MAGAZINE
- FASTEST GROWING FOREX BROKER MENA 2019 by INTERNATIONAL BUSINESS MAGAZINE
- BEST PARTNERS EAST MIDDLE PROGRAM by EGYPT INVESTMENT EXPO 2019
- See all HotForex awrads here.
HotForex Account Types Comparison
HotForex account types consist of Micro, Premium, Zero Spread, Auto, PAMM and HF Copy accounts. Here is a comparison of each of these account types:
|Micro||Premium||Zero Spread||Auto||PAMM||HF Copy|
|Lot Size||1.000 Unit||100.000 Unit|
|Min. Trade||0.01 lot|
|Decimal Price||5 Digit|
|Expert Advisor (EA)||Yes|
HotForex Trading Instrument
HotForex provides 150+ trading instruments consisting of forex pairs, precious metals, indices, bonds, cryptocurrency and commodities that can be accessed in one platform.
HotForex Islamic Account
HotForex provides an Islamic account or free swap specifically for Muslims, to activate this feature you can send an email to the HotForex support section.
HotForex Trading Platform
HotForex provides trading platforms namely MT4 and MT5 for Windows PC , MAC and Linux users, and Web Trader MT4 and MT5 for web-based platforms, while for mobile platforms MT4 and MT5 are available for Android and iOS.
HFcopy accounts are available for Strategy Providers (SP) and Followers who have joined HFcopy. SP can open an HFcopy Account that aims to build their Followers inventory and trade in return for a Performance Fee, as high as 50%. The follower, on the other hand, by opening an account will be able to save funds and start copying selected SP trades.
HotForex Deposit and Withdrawal Methods
HotForex provides various types of deposit and withdrawal methods including wire transfers, credit cards, FasaPay, WebMoney, Skrill, Neteller, CashU, see more here.
HotForex Support Services
HotForex provides 24-hour support services within 5 working days, available in live chat, phone calls and e-mail. Language services are available in Arabic, Chinese, English, French, German, Greek, Indonesian, Italian, Japanese, Malay, Polish, Portuguese, Russian, Spanish, Thai, Bengali. To contact the support, please visit HotForex contact page here.
HotForex Regulatory Information
Financial Conduct Authority (United Kingdom)
HF Markets (UK) Ltd is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 801701.
FCA is an independent public body governed by the Financial Services and Markets Act 2000 (FSMA), working alongside the UK Treasury with the aim to support and empower a healthy and successful financial system where firms can thrive and consumers benefit from honest, fair and effective markets that are trustworthy and transparent.
Dubai Financial Services Authority
HF Markets (DIFC) Ltd is authorised and regulated by the Dubai Financial Services Authority (DFSA) under licence number F004885.
Aiming to develop, administer and enforce world-class regulation of financial services within the Middle East’s leading financial hub, DFSA is the independent regulator of financial services conducted in or from the Dubai International Financial Centre.
Financial Sector Conduct Authority (South Africa)
HF Markets SA (PTY) Ltd is authorized and regulated as a Financial Service Provider (FSP) from the Financial Sector Conduct Authority (FSCA) in South Africa, under the licence number 46632.
FSCA is an independent institution established by statute to oversee the South African non-banking financial services industry. It regulates the Johannesburg Stock Exchange (JSE), the largest exchange in the African continent.
Financial Services Authority (Seychelles)
HF Markets (Seychelles) Ltd is incorporated under the laws of the Republic of Seychelles with registration number 8419176-1, regulated by the Seychelles Financial Services Authority (FSA) under Securities Dealer Licence number SD015.
The authority is the regulator for non-bank financial services in the country and is responsible for the licensing, supervision and development of the non-bank financial services industry of the Seychelles.