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 Important Information about Hotforex Broker

Hotforex Review

 

Reviewed broker: Hotforex

Operated by: HF Markets Group, related website is OptionTrade.com

Established in 2010

Location: St. Vincent and the Grenadine

Regulated:  SVG FSA

USA traders: not accepted

Execution: market execution

Expert advisors: allowed

VPS hosting: available

Safety of client funds: segregated accounts

Trading Instruments: Forex, Crypto

Cryptocurrencies Trading Details

HotForex has recently added cryptocurrencies to its tradable CFDs, allowing clients to expand their trading strategy and include these instruments in their daily trading. Popular digital currencies , including bitcoin, are perfect for CFD trading. HotForex enables you to trade a variety of pairs consisting of Bitcoin, Ethereum, Litecoin and Dashcoin, all at very competitive prices and great liquidity to suit all your trading needs.

Advantages of Trading with HotForex

Trading Conditions

  • Tight Spreads starting from 0.1 
  • Maximum leverage up to 1:1000
  • Scalping and Hedging allowed
  • 20 Industry awards
  • Execution Desk, Transparency

Smart Trading

  • Selection of Forex, Indices, Commodities and CFDs
  • 100 Welcome Bonus and Supercharged Bonus
  • Many continuous Promotions
  • No fees for Account Funding

Advanced Trading Tools

  • One Click Trading execution
  • Market News and Analysis
  • Free VPS hosting
  • Educational Material for Beginners
  • Auto Transfer for Instant Withdrawals

Trading Platforms and Features

Platform Selection:

  • MT4 Desktop version
  • HotForex Metatrader 4 Web
  • Hotforex Metatrader 4 for smart phone and devices
  • Hotforex RapidTrader API
 

One click trading: yes

Spread types: variable, fixed

Account types: micro, premium, zero, pamm, fixed, vip, auto

Islamic swap free accounts: available

Maximum leverage up to 1:1,000

Typical spread starts from 2.5 pips

 

Minimum trade size: 0.01 lot

Margin call level: 50%

Stop out level: 20%

Scalping: allowed

Hedging: allowed

Phone trading: available

API trading: available

VPS hosting: available

Negative balance protection

Payment Methods for Deposits and Withdrawals

Minimum deposit requirement: $5

Payment methods: credit cards, Skrill, Unionpay, Neteller, wire transfer, Webmoney , Fasapay, Bitcoin

Educational Resources and Bonuses

Educational material: daily market analysis, weekly live webinars

Promotions and bonus offers: facebook contest with gadget prize, traders awards 2017, demo contest, trade with stype, deposit and win, VIP contest, currency wards

Customer Representatives

Customer support: email, phone, live chat

 

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