hot forex review pros and cons

HotForex Review: PROs & CONs

In this HotForex Review, we will take a look at the broker’s regulations, their trading assets, fees, and the HotForex MT4 platform. We will also dive deeply into the different account types at HotForex broker and will try to make it clear who they are suitable for.

HotForex and HF Markets are unified brand names of the HF Markets Group, which provides reliable, award-winning services to clients all over the world.

HotForex review broker site

HotForex is a multinational company that has been in the field since 2010. Moreover, the company currently has over 2.5 million live trading accounts, and over 200 employees spread worldwide.

The company also offers its live trading services in 27 languages and has successfully taken advantage of the explosive growth in online Forex trading. This explosive growth has helped the company to increase its market share on an international scale.

HotForex is regulated in six different countries, and it claims that it gives priority to transparency and security above all else.

HotForex Review – Regulations & Trading Assets

According to the company, traders can choose from +1000 different assets, and all the internal processes are implemented with the help of modern technological advancements.

According to the company, the topmost asset is their traders, and they are extremely important to the operation. This is why the company focuses on offering an excellent trading environment for its traders.

The spread starts at 1 pip without commission and 0 pips with a commission. This offers a versatile trading environment to the traders, and the company employs a transparent rollover policy offering positive swap rates that are easily credited to traders’ accounts. All the client funds are kept safe and secure with the help of major banks worldwide.

The customers have free access to a wide variety of trading tools that help them make well-informed decisions for their investments. These tools include free VPS hosting for automated trading solutions, multiple account types for multiple trading options, and expert advice for trading.

HotForex also offers amazing brokerage services, and the traders can participate in weekly webinars and QA sessions with the experts of the industry. This helps them lay a solid foundation for their trading accounts. Moreover, the clients can also get negative balance protection and tailored solutions to earn additional income with live trading.

HotForex Fees

This HotForex review aims to explore the company’s different aspects to offer a better understanding of its internal structure and processes. Firstly, HotForex has no hidden charges. The company only generates its fees and revenue from the different types of spreads and commissions offered to the traders.

If you are familiar with live trading, you must understand that spread means the difference in bid and ask prices.

HotForex currently offers a spread as low as 0.1 without commission and 0.0 with the commission. The 0.1 spread is only usable for premium accounts, and there is no commission or fees associated with this type of spread.

However, if the traders choose to go with a 0.0 spread, they will have to pay a little commission on their investment. The company also charges fees on indices at a rate of USD 1 per lot or on CFD stocks at 0.10% of the total trading value.

One amazing thing about Hot Forex is that it reimburses its traders for any deposit fees they have had to face with their payment provider or bank transfer. This shows that the company cares for its traders and does not believe in any hidden charges.

HotForex Demo Account Review

Now we will show you how to register for a Demo Account at HotForex.

The Demo Account is a virtual account where the broker allows us to practice with virtual money.

Usually, we use Demo Accounts when we are testing many Expert Advisors. By following the results of the Robots, we decide which ones we will put on a Live Trading Account at HotForex.

And if you are a beginner or you are testing a new system, a new strategy for the 1st time, you better do it first on the HotForex Demo Account. So you’re not risking real money for the test and you can have an actual simulation of the trading. Because having a Demo Account is the very same thing as having a Live Account. But this is not real money.

And if something goes wrong, the system that you’re testing is losing or it’s not your type of trading, you can just restart or open a new demo account.

How do you open a new account with HotForex?

Let’s start by visiting the website of HotForex. On the right side, you can see the option Demo, which will bring you to a page where you can select is you are a new client or an existing client.

opening a demo account at HotForex
Click on Demo

In this HotForex broker review, we will go first with the “New clients” option.

clicking on New clients to open a new HotForex demo account
Click on New Clients

After that, you will see a form where you need to enter your country, phone, name, email, and what will be your account base currency.

filling the New clients form at HotForex.com
Fill out the “New clients” form

After you register, you will receive an email with the ID and the password. Then you will be ready to go for your HotForex Demo Account.

If you click on Open Live Account on the top, you will see pretty much the same form. But after you register with HotForex, you will be required to send some more documents like proof of address, ID and you will get an email with further instructions. And the type of documents you will need to send depends on where you are located.

Click on Open Live Account

The HotForex MetaTrader 4 & 5 platforms

Now, let’s go back to HotForex.com and click on Platforms. You will see that on the left we have all HotForex MT4 platforms and then, we have all HotForex MT5 platforms.

Click on Platforms

At the Academy, we still prefer to use the MetaTrader 4 platform because it’s more suitable for algorithmic trading. You can select Windows or Mac or you can just click on HotForex MT4 for Desktop and that’s the platform we will show you in this review.

And then below again, we have the option to choose for Windows, Mac, or Linux.

Specify the computer you use

Now, when we do algorithmic trading, it is very important to be on the computer. Not trading from the phone.

There are apps for MetaTrader, as you see with HotForex as well for the phone, for the tablet. But when you use Expert Advisors and Robots, then you need to use your computer or laptop and install the MetaTrader platform.

HotForex MetaTrader 4 installation folder

Now if you open the .exe file, which is the HotForex MT4 installation file, you will see how it looks like.

HotForex MT4 installation interface
Click on the EXE file

In a few clicks, you can install the HotForex MetaTrader 4 platform. You can go to Settings actually and predefine the installation folder.

HotForex installation settings
The EXE file settings

Using different accounts

The Settings are very important when you want to install 2, 3, or more platforms and use different accounts.

From there we can just change the name or we can write down Demo 1. Or if you’re using a Live Account, you can just write down Live Account, and then it will install a new version of HotForex MetaTrader 4.

So for example, right now we have just installed HotForex MetaTrader 4 and we will be using it for the purpose of the review.

But if we want to install one more platform on that computer, then we could just change the name or change the location and this will install a platform. This is very useful if you want to have 2 Demo Accounts or 1 Demo and 1 Live Account.

Switching from HotForex demo account to live account

If you want to have different accounts to test Expert Advisors, you cannot switch from one account to another.

So if you have a HotForex Demo Account and you have a Live Account on the one and the same platform and you switch from Demo to Live, you will disable the Robots that are on your HotForex Demo Account.

And the same thing with your Live Account. If you are in your HotForex Live Account and you switch to your Demo Account, then you will disable the Robots that are on your Live Account.

This is why if you want to have different accounts at HotForex, you need to have different MetaTrader platforms. This is very, very important in algorithmic trading.

So after you are ready, you just click on Next and this will start the HotForex MT4 installation. That’s it – 2 clicks and there is one more window that pops up and you click on Finish and you will see the HotForex MetaTrader 4 platform installed on your computer.

Logging in the HotForex account

So once you install HotForex MT4, all you need to do is go to File and click on Login to Trade Account.

Click on Login to Trade Account

A small box will appear where you need to type in your login details and the password that you received previously in the email from HotForex.

Then click on login and you will be logged in.

Type your login details

You need to see the green bars in the bottom right-hand corner, which will identify that you’re connected to the HotForex trading server.

green bar that indicates that you are connected to HotForex server
The green bar indicates that you are connected to HotForex server

If you see red here, it means you’re not connected to the server and probably you have mistaken your username or password. But if it’s green and if you see the Market Watch with all the prices changing and moving, then it means you are connected and you are ready to practice trading.

So this is how easy it is to open a Demo Account and to install the HotForex MetaTrader 4 platform.

HotForex MT4 and MT5 Platforms

If you are interested in learning more about the different swap rates or rollover rates, you can head over to the HotForex MT4 & MT5 trading platforms to get a better understanding of these rates. The HotForex MT4 & MT5 will offer you a detailed breakdown of the different swap rates or rollover rates for different types of live trading accounts.

The first thing you will have to do is right-click on the desired symbol in the HotForex MT4 & MT5 platforms and go over to the “market watch” window to select “symbols”. Once you have selected this “symbols” window on the HotForex MT4 & MT5 platforms, you can then select your desired currency and check the “properties” on the right-hand side of the screen.

You will have to scroll down on this property’s screen until you see the “swap long” or “swap short” option. This will tell you the different swap rates associated with your account and other premium accounts for trading.

HotForex MetaTrader 4 Tutorial

Now, we will tell you more about HotForex MT 4 platform and what are the costs. We will also review the pros of using this platform, especially when you do algorithmic trading. And I will go through the most important things that you need to know so you can feel more comfortable when trading with Expert Advisors.

Time frames

So on the left side, you have the Market Watch with the Bid and the Ask price.

The Market Watch

This is from where you can select the assets you want to trade. If you don’t see all the assets, you can right-click and check Show All.

Click on Show All

This will display some more assets depending on the broker you’re using.

And if you want to open a new chart, you just click on the symbol and go to Chart Window.

Select Chart Window

So right here we have already opened 2 charts for Bitcoin and we have some more for Forex which was opened by default when we installed the HotForex MetaTrader 4 platform.

the opened Bitcoin charts
We have 2 Bitcoin charts open here

We will remove those. And we have 1 chart for Bitcoin on the hourly timeframe and the other one we can change, for example, to the M15 timeframe.

Types of charts

We have actually 3 types of charts. We have bars, we have candlesticks, and we have a line chart.

Types of charts on HotForex MetaTrader 4
Types of charts

The most popular is candlesticks.

So when we are on M15, this means that 1 candlestick or 1 bar represents 15 minutes of a time. The chart is a representation of the price which we have on the right side and the time which we have below the chart. Where these 2 meet, we have the candlesticks.

And if we are on an hourly chart, then 1 candlestick or 1 bar represents a 1-hour time frame. And for each candlestick, for each bar, we have the opening of the bar, we have the closing of the bar, the highest point, and the lowest point.

Positive bars and negative bars

So in this case, the negative bar is represented with white color and the positive is with black color.

Review positive and negative bars in HotForex MT 4
Representation of positive and negative bars

So if we put the mouse on the closing of the bar, you can see exactly what are the values for the open, high, low, and close.

The values

And what happens after the bar closes, a new bar opens. So we have the closing of that bar and then the new bar opens. The price goes up and down. It closes at one level.

And because the closing was higher than the opening, we have a positive bar that is fulfilled with black and all of these colors you can change from Properties.

Properties on HotForex MT4 platform
Click on Properties

And if you go to Colors, you can change what you want to see on your chart.

Select Colors

The price always matter

Now, we are not touching this because when trading with Expert Advisors, it really doesn’t matter what you see on the chart. It doesn’t matter if you are on a candlestick chart, on the bar chart, or what are the colors.

We don’t put any Indicators. Nothing over the chart. We just wanted to give you a brief idea of what we see on the chart as price, because at the end of the day, the price always matters. And that’s the most important thing that is on the chart.

But for trading and strategies and Expert Advisors, we use different Indicators. So if we go to Insert, Indicators and click randomly on any of those, let’s select the trend Indicator called Bollinger Bands, which is a very popular Indicator in algorithmic trading.

Click on Bollinger Bands

You will see 3 lines that are around the price. But we are not going into Indicators.

The Bollinger Bands on HotForex MT4 chart
The Bollinger Bands on the chart

Creating strategies

We are not going to explain any complicated stuff because you really don’t need to know it. And we will go to Indicators List.

MetaTrader Indicators List
Click on Indicators List

Then we will remove it.

removing an indicator
Remove the indicator

One more time, when trading with Expert Advisors or with Robots, you don’t need to place anything over the chart. The Indicators, the trading rules, will be inside the Robots.

Then on the left, below the Market Watch, we have the Navigator.

HotForex MT4 Navigator
The Navigator

This is where we have the accounts. As we said, you can have many accounts with HotForex broker, but if you want to test Expert Advisors on different accounts, you need to install different trading platforms as well.

The Expert Advisors

Below, we have the Indicators. Very similar if you want to insert them from Indicators or you will insert them from the Navigator, just double click on it and it will be over the chart. For example, the Accumulation Indicator is displayed below the price, not over the chart.

The Accumulation Indicator
The Accumulation Indicator

So let me remove it. And then we have some scripts that are useful for algorithmic trading and different purposes. But the most important is Expert Advisors. And we have an Expert Advisor for Bitcoin.

Do you want to know how we create trading strategies, what rules do we use, and how we test them even before putting the strategies in a Demo Account? Enroll in the Bitcoin Algorithmic Trading course to learn how we create Robots. Moreover, you will receive 99 new Expert Advisors every month.

Below the Navigator, we have the Terminal where we see our balance or our account, the equity, and the margin.

The Terminal in HotForex MetaTrader 4
The Terminal

Leverage

So basically, the margin is how much free money we have in the account, how much we have blocked from the account, and how much free margin we have in the account. So when we start opening positions, some of this amount will be blocked.

And this depends on the leverage you’re using. For example, in Europe, we have the ESMA regulation since 2018 and we cannot have leverage more than 2 to 1 for the Cryptocurrencies, which means that if we want to Buy a whole Bitcoin, we will need at least to have somewhere about $10 000. It depends on what is the price of Bitcoin is at the moment.

But the leverage for the beginners with simple words is the amount of money that the broker borrowed the trader to use for trading.

So if you have $5,000 in your account and you use leverage 2 to 1, then you will be able to Buy with a maximum of $10,000. If we use leverage 100 to 1, then we will be able to Buy 100 times more from what we have in the account. The leverage is very useful.

Trade small

You should use the leverage very carefully. You don’t Buy with all of the money in the account because if you use high leverage and you open a position with all of the money, then it is very likely that you will blow your account.

Of course, you can make very quick profits, but that probably will be more of lucky trading. And at the same time, as we said, it is very likely that you will just lose everything in the account.

So take it easy with the leverage. It varies on where you live and what type of broker you use. But it is always very important to trade small pieces from your amount so you are not risking the whole capital in a few trades. And this is how usually beginner traders lose their money in the 1st month of their trading.

This is a brief review of the HotForex MetaTrader 4 platform. However, if you just play around with it, you will see that it is very easy to use, especially for algorithmic trading. In just a few clicks you put the Expert Advisor on the chart and make them start trading for you.

HotForex Review – Trading Options

As already mentioned in this HotForex review, its platform allows traders to invest in over 1000 different trading options and assets. This allows traders to enjoy different options to minimize the risk as much as possible.

The most popular choices at Hot Forex include CFDs on:

  • Cryptocurrencies
  • Energies
  • Commodities
  • Rare Metals
  • Company Shares
  • Indices
  • ETFs and DMA Stocks
  • Bonds

What Are the Different Account Types at HotForex?

This HotForex broker review aims to explore all the different aspects of HotForex that may be useful to interested traders. One of the most important elements of understanding this Hot Forex broker review is understanding the different kinds of accounts available to the users.

While conducting this HotForex broker review, our team understood the different types of user accounts available for the traders. There are six different account types available to live traders and interested traders at HotForex. However, there are some regions where the company offers fewer account types.

The different account types come with different minimum deposit rates, spread options, and commission fees. Let’s explore the different account types in our Hot Forex broker review.

What Is the Premium Account? Who Uses This Account?

The first type of account you should know about is the Premium account. It is one of the most highly used accounts at HotForex.

During our Hot Forex broker review, we found out that this account is most commonly preferred by new traders or professional traders who have been in the field for over a few months.

Additionally, we also found out that this type of account is most popular among traders with account balances below 5000 British pounds or US dollars. This account is famous for offering an amazing trading experience and a low minimum deposit of $100.

This most positive selling point of this account is the low deposit rate as it helps different traders lay down a strong foundation before moving on to other options.

What Is the Zero Spread Account? What Are the Benefits?

In our HotForex review, we also reviewed the zero spread account for traders. The traders get to enjoy as low as 0.0 pips but have to pay commission. Moreover, the minimum deposit also starts at USD 200.

Here are the different elements you should know before choosing this account for yourself:

  • Raw Spreads with 0 Markup
  • Low Costs for International Markets
  • Low Commissions
  • Super tight Spreads
  • Minimum Deposit of USD 200

What Is the HFcopy Account?

Next up in our HotForex review is the HFcopy account. This account allows professional traders to help out amateur traders by offering tailored strategies for investments.

The professional traders can earn their income on the fees charged to their followers. The followers have to pay for the strategy, but they are guaranteed higher chances of success.

The maximum fee is 35%, and the minimum deposit for a strategy provider is USD 1000. The minimum deposit for followers is USD 300. The minimum spreads begin from one pip. The maximum total trade size is 60 standard lots per position, and the minimum trade size is 0.01 lot.

The traders can also enjoy a trade size increment of 0.01 with a stop out level at 80%. This kind of account also offers you the option of telephone trading and a personal account manager. This personal account manager will help you take care of your different investment options. The maximum number of followers you can have is 400.

What Is the Islamic Account Type? What Makes It Different?

This account is the same as a Premium account or Zero spread account. However, one of the major differences of this account is that it follows Islamic law and is not a swap account. The users get to enjoy a swap-free trading experience.

What Is the Micro Account for HotForex?

This account is also perfect for new users and potential traders who have a low balance and want to enjoy a minimum deposit of USD 5. However, in our HotForex broker review, it is rarely used as the Premium account is also an excellent option for traders but with a minimum deposit of USD 100. The majority of new traders go for the Premium account as it offers more benefits.

HotForex Free Tools for Traders

As already mentioned, HotForex account users get access to a wide variety of free trading tools that help them make the right decision and earn a secondary income source. During our HotForex broker review, we found out that these tools are designed to enhance their trading experience and help them find the best trading opportunities depending upon their financial status and current balance.

Moreover, these tools also help understand the market in a better way and allow the different traders to enjoy the maximum potential of HotForex. If you head over to the “tools” section of the HotForex website, you will see hundreds of different in-house tools or third-party tools available for traders at no additional cost.

All of these tools have service-specific purposes for different users and help the traders make the best possible decisions. Let’s take a look at some of the best tools we found during our HotForex review.

How Does the Premium Trader Tools Pack Help Traders?

During our HotForex review, we found out that the most commonly used tools are the premium trader tools. This package is filled with the different tools that help you enhance your trading experience and allow you to take a quick look at the Forex market to see how you can enjoy the different trading options according to your budget.

This is an in-house package from HotForex that offers a wide variety of trading tools at your fingertips. You can use these tools to get a basic overview of the ongoing trends in the HotForex market, and you can also see what options are going at the top to invest your money in the right place at the right time.

What Is the Benefit of Using the Autochartist Tool at HotForex?

This is not an in-house tool but a third-party scanner tool that helps you identify the different patterns and trends available in the market right now to help you make the right decisions for your investment and trading opportunities. It can analyze the market by itself and offer you the topmost patterns currently in trend and can help you bring in the most revenue with your budget.

HotForex Autocharist tool
HotForex Autocharist tool

If you are using the HotForex MT4 platform or MT5 platform, you will get this for free, and you will be able to use this to analyses and understand the market more efficiently. It is an automated pattern identification tool that can help traders with different account types to understand the ongoing patterns before investing their money.

Here are the topmost benefits of using this tool for yourself:

  • Identification of Three Types of Patterns: Chart Patterns, Fibonacci Patterns, And Key Level Patterns
  • Available 24 Hours A Day
  • Easily Understand and View Different Opportunities in The Market
  • Time Efficiency with Automated Scanning Abilities for Traceable Patterns
  • Multi-Language Email Market Reports and Alerts
  • Customizable Filter And Refinement Options for Custom Watch List
  • Volatility Analysis
  • Useful Insight into Instrument Movements
  • The First Market Scanner for Hotforex MT4 Platform
  • Easy to Use

What Is VPS Hosting and How Does It Help the Traders?

This is a must-have tool for all beginners and professional traders looking to make the best of their HotForex account. If you are also interested in deploying this tool and taking care of your trading operations throughout the day, VPS hosting is the perfect option for you.

HotForex VPS

The specialized servers help you take care of your trading operations and requirements around the clock, and you will get to enjoy the best out of your HotForex account with 24/7 operations. There are three different types of server options for users.

In this HotForex review you will find the topmost benefits of using VPS hosting for yourself:

  • 24-Hour Trading
  • Reduced Latency
  • Minimize Downtime
  • Compatible with All EAs
  • Password Protected Connections
  • Global Access
  • Easy Installation
  • Easy to Use Interface
  • Smooth Running

What is HFcopy and How to Make the Best of This Tool?

If you think you have gained enough experience to become a strategy provider for new investors and traders, the HFcopy tool is here for you. This tool allows you to use your trading experience to develop tailored strategies for new investors and traders. It allows you to charge a fee for your services.

Moreover, this tool is also perfect if you are a new trader, and you want somebody to help you with coming up with the most powerful strategy depending on your budget and requirements. This tool automates the entire process and connects successful traders with beginners.

It allows different people to connect minds and share their knowledge of the market to get the best out of their hotforex experience. New traders will be able to enjoy innovative trading solutions from experienced traders, and they will also be able to get refined results with shared knowledge.

This also allows successful traders to generate a secondary revenue source other than their own trading experience and opportunities. They can create different strategies for new users and generate more capital for their personal investment options. This is an automated trading tool with mutual returns for both leaders and followers..

HotForex mobile application – HF APP

HF app allows traders to have constant control over their account and stay up-to-date with everything forex, on the go. Feature-packed and with an easy navigation HF app is the essential Forex app for traders who want to keep up to date on the markets, plan their trades and keep an eye on performance from anywhere. Some of the features of HF App are:

  • Direct access to a personal account
  • Deposits, withdrawals, and transfers on the move
  • Daily market analysis and live quotes
  • Economic Calendar
  • Trading Calculator

Can traders take advantage of HotForex bonuses?

HotForex offers three types of bonuses:

  • 100% Supercharged Bonus: it is automatically calculated and credited and can be either traded or withdrawn.
  • 100% Credit Bonus: it increases the account leverage and can be withdrawn if traders meet volume requirements
  • 30% Rescue Bonus: it is intended to protect accounts from drawdown periods.

HotForex Review – Deposits and Withdrawals

HotForex currently allows different options for deposits and withdrawal, such as:

  • Bank Transfers
  • Wire Transfer
  • Credit Cards
  • Debit Cards
  • Skrill
  • Neteller
  • Bitcoin

There are no maximum deposit limitations for wire transfers or bank transfers. However, there is a limit per transaction of USD 10,000 when you use credit or debit cards and other online payment methods.

Most deposit options are also withdrawal options and both AML regulations apply. The minimum withdrawal amount is USD 100 for wire transfers and USD 5 for most of the other options available. Withdrawals for most online payment methods are processed instantly whereas for cards and wire transfers it may take 2 to 5 business days to see the amount in your account.

One of the best features of using HotForex for your trading experience is that it does not apply any deposit fees You do not have to worry about paying any additional charges or transaction fees on your trading amounts this way.

What Are the Frequently Asked Questions for HotForex (FAQs)?

Where Is HotForex from?

Hotforex is an international brokerage firm, and it is registered in multiple countries. It currently operates from the EU, the UK, the UAE, South Africa, and other countries.

How Does Hot Forex Generate Its Revenue?

HotForex makes money from the commission and spreads across different account types. However, if the users try to go for VPS hosting services, HotForex can also charge money if the users do not meet the minimum deposit requirements, but they still want to use this option.

Is HotForex Regulated?

Yes HotForex is regulated by different authorities all over the world, such as:

  • The Cyprus Securities and Exchange Commission (CySEC)
  • The Financial Conduct Authority (FCA)
  • The Dubai Financial Services Authority (DFSA)
  • The Financial Sector Conduct Authority (FSCA) in South Africa
  • The Seychelles Financial Services Authority (FSA)
  • The Financial Services Commission of the Republic of Mauritius (FSC)

Final Words

During this HotForex review, we found out that HotForex caters to the needs of different traders from all over the world, and it is truly amazing for beginners and professionals alike. The ease of investing money, depositing funds, using tools, and understanding the market patterns helps HotForex stand taller than other trading platforms in the market.

HotForex is truly a remarkable international brokerage firm that is not only registered and regulated in different countries, but it is also among the best trading platforms when it comes to low deposit amounts, best swap rates, and an easy-to-understand pricing structure.

This platform is intended for use by different types of traders, from beginners to professionals. Moreover, this platform is also perfect for high-frequency traders and scalpers who want to make the best trading experience with automated tools and an easy-to-use interface.

Additionally, HotForex also reimburses its clients for any transaction fees charged by the bank for fund deposits, etc. The availability of hundreds of different automated tools also makes it among the best trading platforms for new users who want to feel the market before getting started with big investments.

Furthermore, the HFcopy strategy account allows new users to get in touch with professional traders to get the best investment strategies. This is a big win-win situation for both professional traders and beginner traders. Professional traders can also generate a secondary revenue source by getting a portion of the fees charged for beginners. HotForex is definitely worth the try if you are interested in the trading business.

Disclaimer: Products and Services differ based on the entity of HF Markets Group

0 thoughts on “HotForex Review: PROs & CONs

  • Hot Forex is a well-known brand and I was planning to test a small live account but after I saw this Hot Forex review from the team and I definitely go for it.

  • ivonemisters says:

    For someone like me who always wish to maximize cost, Hot Forex currently offers me a spread as low as 0.1 without commission and 0.0 with the commission. Yet still, you will never find any commission or fees associated with this type of spread. It has really helped me so far

  • Well, i enjoy my best means of deposit and withdrawal with HotForex. I actually like to use Neteller, not every broker offers that option and i think they currently allows different options like, Debit Cards, Neteller, Bank Transfers, cant remember all but it is huge. Keep it up guys you are doing agreat job generally

  • I was once using a Broker with terrible stuffs until I came across HotForex with maximum fee is 35%, and the minimum deposit for a strategy provider being 1000USD. The minimum deposit for followers is about USD 300 if am not mistaken. For me all this are okay for me and they super work well for me, I don’t care about others

  • When it comes to transparency and security HotForex is the best, I recently had some experiences and I like how things eventually went. I guess HotForex is regulated in six different countries, and it claims that it gives priority to transparency and security above all else. Well, it shows so well. Thanks

  • i like the fact that HotFirex is not greedy, they give bonuses. i was given a 100% supercharged bonus which it is automatically calculated and credited and can be either traded or withdrawn. It really helped when I was low on dough and I really made some cool stuff with it. Thanks to Hotforex

  • Sabastian Lim says:

    I have been trading for many years of which in this period i have met alot of fake Brokers with hidden charges until i came across HotForex. HotForex has no hidden charges. I guess they only generate their fees and revenue from the different types of spreads and commissions offered to the traders which are npot exhorbitant

  • HotForex does mention in many of their write-ups that its platform allows the traders to invest in over 1000 different trading options and assets. I first found it hard to believe, it looked bogus for me initially. But you know what, this has really allowed me as a trader to enjoy different options and to minimize the risk associated with trading to the barest minimum as much as possible. It is HotForex, anytime…Thumbs up

  • I personally noticed that HotForex other account users like me get access to a wide variety of free trading tools that help them make the right decision and this has helped me personally to earn a secondary income source

  • Well, I like the reviews am seeing here and have heard a lot of positive things about you guys because my brother uses you guys. Maybe I will give it a try one of these days as I have also personally researched about you and I find you guys cool to work with. I also like the fact that you guys offer amazing brokerage services, that would make the traders to participate in weekly webinars and QA sessions with the experts of the industry. I like Brokers that are interactive and take their users seriously

  • Sharapova Sisi says:

    Amazing to know that your clients can also get negative balance protection and tailored solutions to earn additional income with live trading. It is pretty lovely to know and experience such a provision. Not many brokers will dare to do that

  • stomburglolet says:

    I like the truth that when Hot Forex gives you terms and conditions, they surely, abide by it. With Hot Forex, no hidden charges. The company only generates its fees and revenue from the different types of spreads and commissions offered to the traders and it is pretty awesome for me. Not all talk no action kind of trader

  • A lot of people always feel so reluctant when it comes to anything to do with the Premium version. We really like freebies. But let me tell you, the Premium account of Hot Forex is worth all penny, I believe it is going to be one of the most highly used accounts at HotForex because of the features and many many benefits that an average trader will like. I personally enjoy it

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