hotforex Review: Pros, Cons, And How It Stacks Up | Updated for 2025
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 professional trading partner that was founded in 2012. They have around 95 employees that help the company provide Financial Markets Access, to 30,000+ customers 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 info about hotforex.
If you are new to the world of online trading and brokerages, so many nuances will no doubt be perplexing for you. Getting into the world of trading online requires expert assessing skills and thorough knowledge. You will acquire proficient at all the concepts of trading online and brokers while you keep trading. For starters, you need to select the right online broker who'll constantly be transparent with you.
Within this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment online broker could help you in minimising any potential losses and maximising any returns. hotforex is one such platform which can assist you. It's important that you understand all you can about any broker before 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 determine 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 vigilant and comprehensive in your hotforex broker selection to protect your hard-earned money. Performing your due diligence and researching the credibility of hotforex, its track record, and reputation is vital. Moreover, ensure the hotforex broker's offerings, trading tools, fees, and regulation align with your requirements.
Remember, hotforex should be a reliable companion on your trading journey.
Our team has devoted their efforts 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 detailed hotforex review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about hotforex and how it can benefit you, or if hotforex might not be the right fit for you.
hotforex Review for 2025 – Quick 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 everything you will need to learn about trading with hotforex. A fantastic broker can take your initial investments and help to protect it from losses but also give you a platform that can help to provide you positive profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investing objectives.
Of course, there's absolutely no sure-fire method to ensure profits; thus, you must carefully analyze your broker before you choose them. It is a frequent misconception that all agents are the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
hotforex is a trading partner which has found its way successfully into the brokerage world. In this review, we have tried to collate a number of the vital aspects of hotforex. This guide will allow you to understand whether hotforex is a great fit for your own investments or not. We have 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 tools for online trading. Since its inception in 2012 they have emerged as a top player in the field of online trading. hotforex has a highly competitive and full-featured trading site that's focused on forex, indices, metals, stocks , commodities.
Over the past 13 years, hotforex has grown into one of the best online brokers available to the public.
After launching in 2012, their consumer base has increased to 30,000+ clients.
hotforex is the favourite of many traders because of its negative balance protection. Our hotforex account review discovered that they're a reputable choice for online trading solutions. They are best suited for investors who are looking for a variety of assets. Social and easy to use trading solutions are the core at hotforex.
Technology plays a substantial role at hotforex. They offers trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. hotforex is fair, transparent, and also a well-regulated agent 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 most traders. Third-party partnerships also provide in-house research.
The trader resource section at hotforex is quite comprehensive for new dealers as it permits them to have a closer look at the financial markets. hotforex caters to all sorts of traders and are a must-have broker for any well-diversified method of trading.
Benefits of trading with hotforex in 2025
Trading with hotforex includes numerous advantages. These advantages are what sets hotforex apart from all other online brokers. You need to check all of the benefits listed so that you have a better understanding of hotforex.
The agent goes to great lengths to comprehend what dealers want. As a result, the support, quick, and convenient. The broker also provides a variety of programs for all types of traders. hotforex helps to ensure that the individual needs of all traders are met to the best of their ability.
hotforex also includes excellent trading conditions that are available to all and not just an elite group of institutional clients. The tight spreads and quick executions are a fantastic benefit for all traders. The technology embraced by hotforex is of the maximum caliber, making sure that it's fast, dependable, and effective.
hotforex acknowledges the significance of owning a fast order execution. A fast implementation enables users to trade without worrying about slippage safely. It will also help the traders to grab any opportunities.
Copy trading is another major facet of hotforex. A new trader can learn from industry experts utilizing the automatic copy trading alternative. This allows you to monitor the best performing brokers and instantly mirror their trades and benefit from their expertise
hotforex has over 138 trading instruments to support all kinds of traders. These instruments are dynamic and convenient for both the new and experienced traders. All traders can set aside all their concerns when trading with 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 should know about trading using hotforex
hotforex is a lively platform that provides various procedures of trading online. These tools cover the monetary markets considerably. The Majority of the brokerage platforms provide less procedures than hotforex
If you wish to trade with hotforex, you will need a minimum deposit of $250. This deposit is mandatory if you would like to start trading with hotforex. This 2025 hotforex review will guide you clearly about trading with them.
hotforex is as flexible as another broker platform. hotforex is great for traders who want a manageable range of cheap services. The platforms offered by hotforex are third party, white-label offerings. All traders may select out of MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Together with everything, hotforex has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a transaction must be kept available. The brokers provide premium client service that rewards clients with benefits.
Many less reputable brokers try to pressurise customers into bigger financing for superior services. hotforex, however, is much more concentrated on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the consumer, the more advantages will come along.
hotforex accounts are available globally and provides outstanding service wherever they have customers. There are a 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?
Founded 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 steps in place to keep investor's assets procured. This usually means that hotforex users do not need to be worried about their money as it is segregated and safely stored in banks that are established. SSL encryption secures every user's private information as well.
You can make use of a choice for 2 Factor Authentications (2FA) with hotforex for increased security. An SMS for the confirmation code will be sent to a mobile phone. You will be required to input this code to log into your accounts.
Another concern with online brokers with respect to security may be manipulation of trading. This is highly disadvantageous to consumers on those platforms. However, this is much more widespread in the case of Market Maker agents who compete with customers on the stage.
hotforex Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With hotforex
Every online trading platform will have a few pros and cons 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 business, has a strong collection of rules for ensuring honest trading onto its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, client information is never to be shared with some other institutions or individuals. Including 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 brokerage that has been trading for over 13 years. They offer a large range of options in their client accounts.
Below we take the main parts of any professional online trading platform 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 must deposit to begin on hotforex is $250. This is a decent amount for people just starting out. You can make more advanced residue as you cooperate. But, ensure that you understand how to make the most of your money before investing in larger amounts.
Commission And Fees Explained
hotforex is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an internet broker is not necessarily affected by the number of clients they have.
But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are mainly three different types of penalties for this objective.
The first sort of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In such instances, you're paying a spread, financing speed, or a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Funding or overnight rates are those that are charged when you maintain a leveraged position for longer than daily.
Apart from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake on your accounts. They're charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, hotforex doesn't charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly trade, for example weekly or daily trading.
But, non-trading fees charged by hotforex are comparatively higher. As a result, you are charged more for non-trading activities in your trading account, like withdrawal and deposits. These aren't related to the purchase and sale of resources.
This hotforex review breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees Of hotforex
hotforex Withdrawal Fees Explained
hotforex charges a withdrawal fee if you create a bank transfer. Each time you move money back into your bank accounts, these withdrawal fees become applicable.
Withdrawal of cash is possible at any time from your hotforex account. You can withdraw sums up to the amount of your account balance, keeping aside the margin used. One thing to keep in mind is that you don't always have to have any cash in your account.
Moreover, the withdrawn money will be moved directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, then the withdrawn money is going to be sent to 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 are 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 if you don't make any trades for a while.
Even if no charges are indicated by hotforex, it's best for you to close the account if you're inactive. Inactivity fees are not just charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee depends upon the type of account you've selected. The inactivity fee is exposed to many circumstances and should be revealed clearly by the agent beforehand.
hotforex Deposit Fees Explained
When you transfer money in your trading account from 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 money onto the hotforex trading platform is simple. You simply have to finish a single-user profile questionnaire to begin depositing money into your trading account. You'll need to give an identity proof and evidence of residency to deposit large amounts.
Compare hotforex Vs Other Broker Deposit Methods
What Can You Trade With hotforex in 2025?
Note: hotforex offers a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered will be different 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 many functions and is being constantly developed. What follows was accurate at the time of compiling 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
In our hotforex broker review we looked at the options for customer service including response times, and on the hotforex trading platform problem solving 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 worked flawlessly. We have sent messages via hotforex livechat through their app and website and got a reply after 10 seconds. Sometimes , there was no response.
We tried communicating with hotforex support in multiple languages across multiple countries. hotforex were successful in resolving customer concerns.
hotforex Phone Support
We made a call to hotforex and the call was answered extremely quickly. We were able to have the call answered in less than five to ten minutes.
The hotforex phone support team was able to effectively address our questions and concerns on the phone. We tested the multilingual hotforex team by calling in varying languages. hotforex made efforts to ensure all of our questions were answered.
The overall phone support provided by hotforex was good.
hotforex Email Support
We have sent numerous messages to hotforex and answer times overall were very good. The fastest email response time from hotforex was 3 hours and the slowest response was 12 days! Sometimes , there wasn't a response. Response times to support may differ for you with hotforex, however we have had this experience sending 10 emails at varying times.
The team resolved and answered our queries. Overall average email support from hotforex was good.
Alternatives To hotforex
If, after studying this hotforex review, they don't quite meet your requirements check out these hotforex alternatives.
We have scoured the web to find the best alternatives to hotforex. Click on the links below to find out more.
Frequently Asked Questions
Can I try hotforex before I buy?
Absolutely! you can most definitely try hotforex before you buy. hotforex offers demo accounts for the ease of beginner traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register for a demonstration account on hotforex, you may set out with a decent amount of virtual currency. It's to establish a feeling of safety and confidence in you before you decide to spend your own money.
With this virtual hotforexdemo account, you can experiment in any way, to whatever period you wish. You might also start positions, examine different trading approaches, and much more.
hotforex shows on its official website that you can trade real time stocks in a demo account.
Is hotforex safe?
You can drop all your worries since we believe that hotforex is totally safe to use. It is 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 does provide 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 ways to finance your accounts with hotforex. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must bear in mind that PayPal isn't available in every place. The currencies hotforex accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, 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 its investors.
hotforex safeguards its clients' private and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further safeguard your accounts, you can empower Two-Step Verification also. It takes an SMS affirmation for you to access your accounts.
Is hotforex trading good?
Yes, trading via hotforex is a pleasant and decent experience indeed. It is a great and intuitive platform with useful features for your simplicity. Moreover, you could also obtain access to a huge selection of educational resources and assistive substance to kickstart your trading expertise.
If you are still skeptical, you can open a eToro demo account and assess the credibility of the platform for yourself.
Which Countries do hotforex support?
hotforex operates around the world. 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 it. The highlight of this platform is its fast order execution on transactions.
You will find the clean design of this platform along with the admirable features 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 among the industry leaders. It has over 30,000+ registered customers and over 13 years of experience on its own record. They're one of the world's leading trading platforms and a dominant figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and broad range of resources plus tools so you can put money into 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?
Using hotforex, many traders make a lot of money. However, just like all online trading platforms, 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 over the entire year, it adds to a substantial amount of gains. While hotforex provide you all the tools to make money, they can't guarantee that you will gain.
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 have 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 worldwide recognised broker with 30,000+ customers.
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's especially offered when the industry volatility keeps clients from allowing their accounts go in the red. In such a scenario, hotforex provides the ability to reset a clients account balance to zero.
You are able to go through the critical terms and conditions on hotforex's site to understand their policies better.
Does hotforex offer guaranteed stop loss?
Yes, hotforex offer a guaranteed Stop Loss order.
When there is no free margin left together with the client, hotforex will stop your positions. If the losses in the stopped out location exceeds your account balance, you may encounter a negative account balance.
Does hotforex allow scalping?
No, the terms and conditions of hotforex do not allow scalping. It is a trading technique that isn't allowed on the broker's platform. You have to consult with hotforex's provisions and conditions to see 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 an online wallet service that was established in 2001 that offers a range of online payment and money transfer services.
Since its inception, Skrill has expanded to operate in over 120 countries with the digital wallet offered in more than 40 currencies. Customers can transfer funds to their Skrill wallet through a variety of payment options , including card, bank transfer as well as a variety of alternative payment methods. The funds can later be used to pay for merchants, other Skrill customers, or converted into cryptocurrency.
Skrill also allows cross-border transactions through its remittance service Skrill Money Transfer. Customers can transfer funds to an account at a bank overseas with their bank card. It was in the year 2015 that Skrill was acquired by the Paysafe Group along with former rival Neteller and prepaid payment service paysafecard.
Skrill holds a number of licenses that allow it to provide its services in Europe and around the world. Skrill is managed by Paysafe Payment Solutions Limited, which is a company that is registered in Ireland and regulated by Central Bank of Ireland, for its European controlled activities. Skrill's activities outside of its 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. This company is a specialist in cross-border B2B transactions. 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.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. 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.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
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 test your trading strategies before risking any real capital. Newbie 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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