HotForex Review

Trading Terms

Parameters
Type of Spread: Fixed / Floating
Precision pricing: 5 Digits
Server time zone: GMT+2 (Winter), GMT+3 (DST) (Summer)


Platforms
Real:

MetaTrader 4

MetaTrader 4 on Mac
MetaTrader 4
MetaTrader 4 – MultiTerminal
WebTrader
Mobile:

Demo:

MetaTrader 4 (Exp.: ∞)


Instruments
Forex
Metals and Energies
Indices
Cryptocurrency
Shares CFDs
Commodity CFDs


Services
One-click trading
Pending orders
Trailing stop
Overnight interest rates
Hedging
Automated trading
Trading API
Mobile trading
Scalping
Expert advisors
Web Trading
Commission
FREE VPS Service
OCO orders


Accounts
MICRO PREMIUM VIP FIX ZERO SPREAD
Minimum Deposit (USD) $5* $500 $40 000 $500 $100
Minimum spread (pips) 1 1 0.4 fixed 0
Maximum Leverage 1:1000** 1:400 1:300 1:400 1:200
Minimum Lot Size 0.01 0.01 0.1 0.01 0.01
Maximum lot size > 5 > 60 > ∞ > 60 > 60
Commission no no yes no no
Margin call level 40% 50% 50% 50% 50%
Stop-out level 10% 20% 20% 20% 20%
Flexible Bonus Offerings yes yes no yes N/A
Personalised Service no no yes no yes



Custom Accounts can be offered in some cases. Learn more about HotForex Trading Products and Account Types


* 50 USD for CySEC regulation (EU Residents)
** 1:500 for CySEC regulation


    Registered in BaFin Governed by The Markets in Financial Instruments Directive  Audited by KPMG


About HotForex

HotForex has a great track record and has proven itself to be a client-centric, forward-thinking broker dedicated to providing clients with a trading experience they can rely on. The drive to be the industry’s most reliable broker has earned the company praise and recognition from the industry’s awarding bodies, and most recently, HotForex was added to the World Finance Top 100 global companies. HotForex is one of the most reliable brokers in the industry.

As an award-winning FX and commodities broker, regulated by the CySEC and incorporated with FSC, HotForex makes client safety and security a priority. Client funds are deposited in segregated accounts at global investment grade banks and HotForex operates in accordance with the EU’s MiFID (Markets in Financial Instruments Directive). Plus, clients have an added level of protection as HotForex is also a member of the Investor Compensation Fund (ICF).

HotForex offers a great range of platforms that enable traders to keep track of their trading activity whether they are on their desktop or on-the-go: MT4 MultiTerminal; Smartphone Mobile Trading; HotForex iPhone/ iPad/ Droid/ Blackberry Trader; HotForex WebTrader; and, HotForex FIX/ API.

This broker ensures that clients can still trade on-the-go regardless of the device they use. As a HotForex client, you can download a trading app for your iPhone, iPad, Android and even Blackberry device. The mobile trader’s interface is easy to download, highly intuitive and functions perfectly on the smaller screens of mobile devices.

HotForex clients can control their trading activity quickly and easily when they login to their myHotForex Client Area, which is a portal to all HotForex services. myHotForex allows clients to: upload and submit KYC documentation; open trading accounts; deposit/ withdraw funds – automated; perform internal transfers between trading accounts; analyse trading history; benefit from HotForex’s full range of trading tools; enter exciting trading contests; claim trading bonuses; improve knowledge and trading skills in the HotForex Education Centre.

HotForex offers competitive trading conditions across a great selection of account types that will suit the trading requirements of any investor with the minimum initial deposit for a Micro Account set at just 5 USD. HotForex Account Types: Micro – ideal for new traders or those trading smaller volumes; Premium – for more experienced retail traders; VIP – a personal account service for investors trading larger volumes; FIX – for traders who want fixed spreads that they can depend on; Islamic – no Swaps are applied on Islamic Accounts; Auto – subscribe to MQL5 Signals from MetaQuotes, the creator of MT4; PAMM V2* – invest in multiple fund managers; Titans* – diversify your portfolio and manage your risk by investing in several institutional grade investment programs.

*Only available for FSC regulated accounts.

  • Flexible leverage from 1:1 to 1:1000
  • Tight spreads from 0.1 pips
  • Minimum trade volume from 0.01 lot
  • Trade Forex, Indices, Commodities and Equities/ Shares CFDs
  • Multilingual 24/5 Customer Support
  • Client funds deposited in segregated accounts at global investment grade banks
  • Easy deposits and withdrawals
  • A great choice of account types, trading bonuses and platforms
  • A wide range of financial assets to trade
  • Frequent cash prize competitions
  • Exceptional educational resources
  • Innovative trading tools

FEATURED SERVICES

RealTime Trading Signals
100% FREE Forex Trading Signals. 28 Currency Pairs with online Charts and News. Made for Intraday Forex Trade Ideas and Easy to use as 1, 2, 3...
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  • We believe in what we do

    Since the foundation of the project, we have been trying to turn one Dollar into a Million. Many dollars were lost on the way to the cherished goal. Nobody said it was going to be easy. However, we believe that everything is possible. Each time we lose a Dollar, we start again stronger with more experience and dedication. Today the project is much more than just about a Dollar. Our philosophy is openness and transparency. So apart from trading on Forex, we are creating a variety of useful Tools, sharing our developments, ideas, and experiences with our followers. We are true fans of financial markets and looking forward making trading more understandable and showing that profitable trading is possible.





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All information on this page is subject to change. Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Intomillion.com owners and affiliates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.