hotforex Review: Pros, Cons, And How It Compares | 2025 Update
This hotforex review has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about hotforex to give you the most comprehensive guide available.
hotforex is a reputable broker that was founded in 2012. They have around 95 employees that help the company provide Financial Markets Access, to 30,000+ clients through MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
hotforex Guide – Read our In-Depth hotforex Review
hotforex Rating: 6.25 / 10
This hotforex review page contains information about investing with hotforex. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of hotforex does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This hotforex review contains the latest details surrounding hotforex.
If you're new to the world of trading online and brokers, so many details will no doubt be perplexing for you. Getting into the world of online trading demands expert analytical skills and comprehensive knowledge. You will get adept at all of the concepts of online trading and brokerages while you keep trading. For starters, you need to select the ideal agent who'll constantly be transparent with you.
In this fast-paced universe of stock markets and online trading, you will need advice to make proper decisions. A professionally lead investment program could help you in minimising any losses and maximising any returns. hotforex is one such platform which will assist you. It is important to understand all you can about any broker until you trust them with your cash.
When engaging in online trading with platforms such as hotforex, it's crucial to thoroughly evaluate hotforex as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your hotforex investments to prosper. However, be cautious of bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be cautious and methodical in your hotforex broker selection to protect your hard-earned money. Performing your due diligence and researching the reliability of hotforex, its track record, and reputation is vital. Moreover, ensure the hotforex broker's offerings, trading tools, fees, and regulation align with your objectives.
Remember, hotforex should be a supportive ally on your trading journey.
Our team has worked diligently to simplify the intricate world of trading with hotforex into easily understandable information in this hotforex review. Our goal is to equip you with the knowledge necessary to confidently use hotforex trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with hotforex are the cornerstone of successful trading. As such, we've provided this comprehensive hotforex review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about hotforex and how it can work to your advantage, or if hotforex might not be the right fit for you.
hotforex Review for 2025 – Brief Overview
| hotforex Telephone: | |
| hotforex Support Email: | |
| hotforex Address: | |
| Year Founded: | 2012 |
| Regulated By: | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255 |
| Hedquarters: | United States |
| Minimum Deposit: | $250 |
| Number Of Clients: | 30,000+ hotforex users and traders |
| hotforex LinkedIn: | |
| hotforex Facebook: | |
| hotforex Facebook Likes: | 0 |
| hotforex Twitter: | @ |
| hotforex Twitter Followers: | 0 |
| hotforex Instagram: | |
| hotforex Instagram Followers: | 0 |
| hotforex Youtube: | |
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Your capital is at risk |
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Our full hotforex review for beginners covers all you will need to learn about trading via hotforex. A fantastic agent can take your initial investments and help to protect it from losses but also provide you a platform that can help to give you profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investment goals.
Of course, there is no sure-fire method to ensure profits; thus, you should carefully assess your agent before you choose them. It's a common misconception that all brokers are the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
hotforex is a trading partner which has found its way successfully to the broker world. Within this review, we have tried to collate some of the vital facets of hotforex. This guide can help you to understand whether hotforex is a fantastic match for your investments or not. We've attempted to breakdown all of the features and charges for your advantage.
Who are hotforex?
hotforex is a foreign exchange broker with its headquarters in United States and provides a range of instruments for trading. Since its inception in 2012 they have emerged as a top-tier player in the industry of online trading. hotforex includes a highly aggressive and full-featured trading site that's focused on currency, indices, metals, sharesand commodities.
Over the past 13 years, hotforex has developed into one of the best online brokers available to the public.
After launching in 2012, their client base has increased to 30,000+ clients.
hotforex is a favourite for many online traders because of its negative balance protection. Our hotforex account review discovered that they are a superb platform for online trading solutions. They're most appropriate for investors that are searching for a variety of assets. Social and easy to use trading solutions are the heart at hotforex.
Technology plays a significant role at hotforex. They offers trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. hotforex is honest, transparent, and a well-regulated broker by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255. Their outstanding variety of tools will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The educational department at hotforex is quite insightful for new dealers since it allows them to get a closer look at the financial markets. hotforex caters to all types of traders and are a must-have broker for any well-diversified approach to online trading.
Benefits of using hotforex in 2025
Trading with hotforex comes with numerous advantages. These advantages are what sets hotforex ahead of all other online brokers. You should check all the advantages listed so that you have a better understanding of hotforex.
The agent goes to great lengths to comprehend what traders need. As a result, the support, quick, and convenient. The agent also gives a number of platforms for all types of traders. hotforex ensures that the individual needs of all online traders are met to the best of their ability.
hotforex also includes excellent trading conditions that are readily available to all and not only an elite class of institutional clients. The tight spreads and quick executions are a great advantage for all traders. The technology embraced by hotforex is of the maximum caliber, making sure that it is fast, reliable, and efficient.
hotforex acknowledges the significance of owning a fast order execution. A quick implementation enables users to exchange without worrying about slippage safely. It will also help the dealers to grab any opportunities.
Copy trading is another major aspect of hotforex. A new dealer can learn from business experts utilizing the automated copy trading option. This means you can see well performing brokers and instantly mirror their trades and benefit from their experience
hotforex has over 138 trading tools to support all kinds of traders. These instruments are lively and convenient for both new and experienced traders. All dealers can put aside all their concerns when trading using hotforex.
hotforex Overview
Year Founded: 2012
Regulated By: Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255
Hedquarters: United States
Minimum Deposit: $250
Number Of Clients: 30,000+
Your capital is at risk
If you feel that hotforex is not right for you then at the bottom of this hotforex review you will find a lot of alternatives to hotforex.
Everything you ought to know about trading with hotforex
hotforex is a dynamic platform that provides various techniques of trading. These instruments cover the monetary markets substantially. The Majority of the broker platforms provide less procedures than hotforex
If you want to exchange with hotforex, you'll require a minimum deposit of $250. This deposit is compulsory if you wish to start trading with hotforex. This 2025 hotforex review will direct you safely about trading with them.
hotforex is as flexible as another broker platform. hotforex is excellent for traders who want a manageable assortment of cheap services. The platforms offered by hotforex are third party, white-label offerings. All traders may pick out of MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Along with everything, hotforex has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a transaction must be kept open. The brokers provide premium client service which rewards clients with advantages.
Many less reputable brokers attempt to pressurise users into bigger financing for premium services. hotforex, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the greater advantages will become available.
hotforex accounts are available all over the world and provides outstanding service everywhere they have customers. There are some select few countries where hotforex accounts are not available. Traders in the following countries cannot open or use a hotforex account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is hotforex Safe To Trade With In 2025?
Launched in 2012, hotforex has been open for 13 years, they have a head office in United States
hotforex is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255. These bodies have rules that mandate that trading platforms have measures in place to keep investor's assets procured. This usually means that hotforex users don't need to worry about their money as it is segregated and safely stored in established banks. SSL encryption secures every user's personal information as well.
You can make use of an option for Two Factor Authentications (2FA) with hotforex for increased safety. An SMS for the confirmation code will be sent to your mobile phone. You'll be required to input this code to log in to your account.
Another concern with online trading brokers with respect to security might be manipulation of trading. This is highly disadvantageous to users on those platforms. Nonetheless, this is more widespread in the case of Market Maker brokers who compete with customers on the platform.
hotforex Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With hotforex
Every online trading platform has some ups and downs, and no hotforex review would be complete without showing both sides. This hotforex review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
hotforex Pro's
hotforex is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255.
hotforex has been trading for 13 years.
hotforex offers customer support over the phone.
hotforex provides customer support over email.
hotforex gives access to customer support over livechat.
hotforex offers guaranteed stop loss.
hotforex offers negative balance protection.
You can trade Cryptocurrencies with hotforex.
hotforex offers copy trading.
hotforex allows hedging.
hotforex allows commodity trading.
You can trade metals with hotforex.
You can trade energies with hotforex.
hotforex Con's
hotforex is not highly rated by us. hotforex hasn't won any awards. hotforex has a high minimum deposit requirement. hotforex charges withdrawal fees. hotforex charges inactivity fees. hotforex doesn't offer social trading. hotforex doesn't allow scalping.Compare Brokers Similar To hotforex
Regulation And Licencing In More Detail
hotforex is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255.
hotforex, as a company, has a strong collection of rules for ensuring honest trading onto its own platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
hotforex Awards
At the time of writing this hotforex review, and despite hotforex’s impressive offering, the company has surprisingly not garnered any awards to date.hotforex Trading Platforms
hotforex are a trustworthy broker that has been trading for over 13 years. They offer a large range of options in their customer accounts.
Below we take the main parts of any great online brokerage and compare hotforex against Startrader, and freetrade.
hotforex MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with hotforex in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. hotforex MetaTrader 4 is compatible with the latest macOS. hotforex allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and hotforex
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With hotforex MetaTrader 4 On iOS Devices
You can download the hotforex app or also trade with hotforex through the MetaTrader 4 application on the Apple app store.
Download the hotforex MetaTrader 4 Program free of charge from Apple's App Store. hotforex customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With hotforex MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. hotforex provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 30,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android hotforex MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you need to begin on hotforex is $250. This is an adequate amount for people just beginning. You can create more complex deposits as you go along. But, make certain that you understand how to make the most of your cash before investing larger amounts.
Commission And Fees Explained
hotforex is an online broker platform, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. In other words, an internet broker isn't necessarily influenced by the number of customers they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three types of fees for this objective.
The first kind of charges to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In such instances, you are spending a spread, financing speed, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are people who are billed when you maintain a leveraged position for longer than a day.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your account. They are billed for services like depositing money, not trading for lengthy periods, or withdrawals.
In general, hotforex doesn't charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who often exchange, for example weekly or daily trading.
But, non-trading fees billed by hotforex are relatively competitive. Consequently, you're charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These are not related to the purchase and sale of resources.
This hotforex review breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees Of hotforex
hotforex Withdrawal Fees Explained
hotforex charges a withdrawal fee if you make a bank transfer. Each time you move money into your bank account, these withdrawal charges become applicable.
Withdrawal of money is possible at any moment from your hotforex account. It's possible to withdraw up sums to the sum of your account balance, keeping aside the margin utilized. One thing to remember is that you don't necessarily have to have any cash in your account.
Moreover, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, if you used a credit card for deposits, then the withdrawn money is going to be sent into the cardhotforex will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the currency you are choosing to draw in.
hotforex Inactivity Fees Explained
hotforex charges an inactivity fee when you don't create any trades for a while.
Even if no fees are indicated by hotforex, it's better that you close the account if you are inactive. Inactivity fees are not just charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee is contingent upon the type of account you have chosen. The inactivity fee is subjected to a lot of conditions and should be revealed clearly by the broker beforehand.
hotforex Deposit Fees Explained
When you transfer money in your trading account by the bank account, a deposit fee can be billed by the broker. Most agents do not charge too much money for this particular operation.
hotforex doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash into the hotforex trading platform is simple. You just need to finish a single-user profile survey to start depositing money into your trading account. You'll have to provide an identity proof and proof of residency to deposit large amounts.
Compare hotforex Vs Other Broker Deposit Methods
What Can You Trade With hotforex in 2025?
Note: hotforex provides many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can differ based on the country of residence of the client.
hotforex has a wide variety of over 138 instruments available for you to trade with.
If trading currency pairs is of interest to you then hotforex offer over 108 forex pairs.
Compare hotforex, Startrader & freetrade below.
hotforex Trading App Review
Note: hotforex's mobile app has a lot of functions and is being constantly developed. The table below was accurate at the time of writing this hotforex broker review.
Understand the capabilities of the mobile apps of hotforex, Startrader & freetrade below.
Trading Education Available At hotforex
Understand the trading resources available with hotforex, Startrader & freetrade below.
hotforex Customer Support
For this hotforex broker review we examined the customer service options, response times and on the hotforex trading platform issue solution effectiveness. hotforex support a wide range of languages, including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
hotforex Live Chat Support
We tested the livechat experience with hotforex and it works well. We have sent messages through the hotforex livechat through their app and website and received a response after 10 seconds. There was sometimes no response.
We tested communicating through hotforex support in multiple languages across multiple countries. hotforex were successful in resolving client's problems.
hotforex Phone Support
We called hotforex and the call was answered very promptly. We were able to have the call answered within less than five to ten minutes.
The hotforex phone support team was able to effectively address our questions and issues over the phone. We tested the multilingual hotforex team by making calls in various languages. hotforex made an effort to make sure that our questions were addressed.
The overall support via phone from hotforex was okay.
hotforex Email Support
We have sent numerous email to hotforex and the response times were all good. The fastest email response from hotforex was 4 hours, while the slowest response was 12 days! There were times when there wasn't a response. Response times to support may differ for you at hotforex, but this was our experience sending 10 emails at varying times.
The team solved and responded to our questions. Overall average email support from hotforex was very good.
Alternatives To hotforex
If, after reading this hotforex review, they don't fulfill your needs check out these hotforex alternatives.
We've scoured the web to find the best alternatives to hotforex. Click the links below to learn more.
Frequently Asked Questions
Can I try hotforex before I buy?
Yes, you can most certainly try hotforex before you buy. hotforex offers demo accounts for the convenience of new traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register to get a demo account with hotforex, you will set out using a decent amount of virtual currency. It is to establish a sense of safety and confidence in you before you choose to spend your own money.
With a virtual hotforexdemo account, you can experiment at all, to whatever length you desire. You might also open positions, examine different trading approaches, and much more.
hotforex shows on its official site that you can trade real time stocks with your demo account.
Is hotforex safe?
You can drop all of your worries since we believe that hotforex is perfectly safe to use. It's in compliance with all the rules of Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255.
Luckily, hotforex provides assured stop-loss protection.
Why does hotforex ask for my passport?
The reason that hotforex asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, hotforex has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, hotforex must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with hotforex?
The process to start trading with hotforex is super simple. You need to begin by signing up on the hotforex website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but hotforex are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with hotforex is $250. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with hotforex.
The best way to kickstart your trading career with hotforex is to open a demo account facility before risking any real money
What funding methods do hotforex accept?
There are multiple methods to finance your account with hotforex. The process is effortless and quick, with various payment methods in your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You have to keep in mind that PayPal isn't available in every place. The monies hotforex accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity also, though it takes about 4-7 days.
Is my money safe with hotforex?
Yes, your money is safe and protected with hotforex. As you already know, hotforex operates with proper conformation to regulations. It's established lots of steps to protect all of its own investors.
hotforex protects its clients' private and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you wish to further protect your accounts, you can empower Two-Step Verification as well. It requires an SMS affirmation for you to get your accounts.
Is hotforex trading good?
Yes, trading through hotforex is a pleasant and good experience indeed. It is a great and intuitive platform with useful features for your simplicity. Moreover, you can even obtain access to a vast selection of educational tools and assistive material to kickstart your trading experience.
If you remain skeptical, you can open a eToro demo account and evaluate the trustworthiness of the platform for yourself.
Which Countries do hotforex support?
hotforex operates around the globe. However, due to regulations hotforex can't accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is hotforex legit?
hotforex is a legit company headquarted in United States since 2012. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255. hotforex is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is hotforex a good broker?
hotforex is a great agent, and its own users may vouch for this. The highlight of the platform is its quick order execution on transactions.
You will find the clean design of this platform and the commendable features that are pleasant to work with.
Is hotforex a trustworthy broker?
Yes, hotforex is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 30,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for hotforex?
The minimum deposit to open a live account with hotforex is $250
How long do hotforex withdrawals take?
Normally, withdrawal of money from hotforex is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from hotforex to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is hotforex regulated?
hotforex are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255
Is hotforex a market leading broker?
hotforex is indisputably one of the industry leaders. It supports over 30,000+ registered users and over 13 years of expertise on its own record. They are one of the world's top trading platforms and a prominent figure in the Fintech revolution.
It majorly owes this status to its incredible platform and wide selection of tools plus resources so that you can invest in capital markets.
Is hotforex a con?
No, hotforex is not a con. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255 and must adhere to their rules. Thus, it is safe to say that hotforex is not a scam.
Can you make money with hotforex?
Through hotforex, several traders earn a great deal of money. But, just like all online brokers, it is important to note that traders can also lose money. In particular, Your capital is at risk
This can look like a little number, but within the year, it adds to a significant number of gains. While hotforex supply you all of the tools to make money, they cannot guarantee that you will profit.
Does hotforex have fees?
Yes. To begin trading using hotforex, you have to deposit $250. Certain commissions while trading also applies. Any processing fees from your bank will need to be incurred by you.
When was hotforex founded?
hotforex was founded in 2012 in United States. hotforex is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255.
How many people use hotforex?
hotforex is a globally recognised agent with 30,000+ clients.
Where is the hotforex head office?
hotforex has its head office in United States
Does hotforex offer negative balance protection?
Yes, hotforex has Negative Balance Protection. It is especially offered when the market volatility keeps customers from allowing their accounts go in the red. In a situation like this, hotforex offers the ability to reset a clients account balance to zero.
You should go through the critical stipulations on hotforex's website to comprehend their policies.
Does hotforex offer guaranteed stop loss?
Yes, hotforex offer a guaranteed Stop Loss order.
When there's absolutely no free margin left with the client, hotforex will cease your own positions. When the losses in the ceased out location exceeds your account balance, you may experience a negative account balance.
Does hotforex allow scalping?
No, the stipulations of hotforex don't allow scalping. It's a trading technique which isn't allowed on the broker's platform. You should consult with hotforex's terms and conditions to read more about its own policies.
Does hotforex allow hedging?
Yes, hotforex does allow hedging.
Can you trade energies with hotforex?
Yes, you can trade energy stocks with hotforex
Can you trade agricultural shares with hotforex?
No, unfortunately you cannot trade agricultural stock with hotforex
Can you trade cryptocurrency with hotforex?
Yes, you can trade cryptocurrency with hotforex
Can you trade metals with hotforex?
Yes, you can trade metals with hotforex
Can you trade UK Shares with hotforex?
No, unfortunately you cannot trade UK shares with hotforex
Can you trade US Shares with hotforex?
No, unfortunately you cannot trade US shares with hotforex
Can you trade Japanese Shares with hotforex?
No, unfortunately you cannot trade Japanese shares with hotforex
Can you trade German Shares with hotforex?
Yes, you can trade German shares with hotforex
Does hotforex accept bank transfers?
Yes, hotforex accepts bank transfers for depositing money.
Does hotforex accept credit cards?
Yes, hotforex accepts credit cards for depositing money.
Does hotforex accept PayPal?
Yes, hotforex accepts PayPal for depositing money.
Does hotforex accept Skrill?
Yes, hotforex accepts Skrill for depositing money.
Skrill (formerly Moneybookers) is a digital wallet company that was founded in 2001 that provides a variety of payment options online and money transfer services.
Since launch, Skrill has expanded to operate in over 120 countries, with its digital wallet that is available in 40 different currencies. Customers can upload money to their Skrill wallet using various payment options , including bank transfer, card and a variety of other payment options. The money can be used to pay merchants, other Skrill users, or transferred into cryptocurrency.
Skrill also offers cross-border payments through its remittance services Skrill Money Transfer. It allows customers to send money to an account at a bank overseas with their bank card. In 2015, Skrill has been acquired by Paysafe Group along with former competitor Neteller and the prepaid payment company paysafecard.
Skrill has several licenses enabling it to offer its services across Europe and around the world. Skrill is run through Paysafe Payment Solutions Limited, an entity that is incorporated in Ireland and regulated by Central Bank of Ireland, for its European authorized operations. Skrill's operations outside the European Economic Area are operated by Skrill Limited - a company that is incorporated in the United Kingdom and regulated by the Financial Conduct Authority.
Does hotforex accept Payoneer?
Yes, hotforex accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does hotforex accept Neteller?
Yes, hotforex accepts Neteller for depositing money.
Does hotforex offer Live Chat customer support?
Yes, hotforex offers customer support through live chat.
Does hotforex offer phone customer support?
Yes, hotforex offers customer support over the telephone.
Does hotforex offer email customer support?
Yes, hotforex offers customer support through email.
What languages can hotforex communicate in?
hotforex has the ability to communicate and support customers who speak: English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Does hotforex have a wikipedia page?
No, hotforex does not have an official wikipedia page.
Does hotforex offer demo accounts?
Yes, hotforex offers virtual portfolio accounts so you can learn their systems before risking any real money. New traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the features before getting a live account.
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