Home > Forex Brokers > HotForex
10962℃
HotForex
Headquarters: Cyprus
Min Deposit: $5
Founded: 2010
Max Level: 1:1000
Regulation: FCA, CYSEC, FSA, DFSA, FSCA, MFSC, CNMV
Min Trade: 0.01 Lot
Platforms: MT4, MT5, WebTrader, Mobile
Products: Forex, Commodities, Indices, Stocks, Bonds
Payments: Bank Wire, Credit Cards, Skrill, Neteller, WebMoney, Bitcoin, etc
Who we are
HotForex is an award winning forex and commodities broker, providing trading services and facilities to both retail and institutional clients. Through its policy of providing the best possible trading conditions to its clients and allowing both scalpers and traders using expert advisors unrestricted access to its liquidity, HotForex has positioned itself as the forex broker of choice for traders worldwide.
What we provide
HotForex offers various accounts types, trading software and tools to facilitate individuals and institutional customers to trade Forex and CFD's online. All Retail, Affiliates and White Label clients have the opportunity to access interbank spreads and liquidity via state of the art automated trading platforms. HotForex provides an unparalleled variety of account options that clients can select to enjoy a tailored trading experience that perfectly suits their needs. Coupled with superior trading conditions and lightning fast execution, HotForex provides all the tools and services needed for clients of any level to realise their trading ambitions.
HF Markets Group
-HotForex is a unified brand name of the HF Markets Group:
-HF Markets (SV) Ltd incorporated in St. Vincent & the Grenadine as an International Business Company with the registration number 22747 IBC 2015.
-HF Markets (DIFC) Ltd is authorised and regulated by the Dubai Financial Services Authority (DFSA) under license number F004885.
-HF Markets (UK) Ltd is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 801701.
-HF Markets (Europe) Ltd a Cypriot Investment Firm (CIF) under number HE 277582. Regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 183/12.
-HF Markets Ltd regulated by the Financial Services Commission (FSC) of the Republic of Mauritius, category 1 Global Business No. C110008214 License | Company Reg. No. 094286/GBL.
-HF Markets SA (PTY) Ltd is an authorised Financial Service Provider from the Financial Sector Conduct Authority (FSCA) in South Africa, with authorisation number 46632.
-HF Markets (Seychelles) Ltd is regulated by the Seychelles Financial Services Authority (FSA) with Securities Dealer's License number SD015.
Contact Info
Website：http://www.hotforex.com/
E-Mail：support@hotforex.com
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| Account type | Main features | |
|---|---|---|
| ZERO Spread Account | Max leverage: 1:200 Minimum trade: 0.01 lot Spreads from: 0 pips Minimum deposit: $100 | Apply Now |
| Auto Account | Max leverage: 1:400 Minimum trade: 0.01 lot Spreads from: 1 pips Minimum deposit: $500 | Apply Now |
| HFcopy Account | Max leverage: 1:400 Minimum trade: 0.01 lot Spreads from: 1 pips Minimum deposit: $100 | Apply Now |
| HF Premium Account | Max leverage: 1:400 Minimum trade: 0.01 lot Spreads from: 1 pips Minimum deposit: $500 | Apply Now |
| HF Micro Account | Max leverage: 1:1000 Minimum trade: 0.01 lot Spreads from: 1 pips Minimum deposit: $5 | Apply Now |
| PAMM Account | Max leverage: 1:3000 Minimum trade: 0.01 lot Spreads from: 1.1 pips Minimum deposit: $250 | Apply Now |
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1#Najm
2019-07-22 08:11:19 Reply
2#Alexander
Very fast and professional FX broker, tight spreads and decent execution, no complaints so far. I've made several withdrawals also the profit was small, so it went through smoothly.
Overall I'm satisfied and will continue to trade with them.
Overall I'm satisfied and will continue to trade with them.
2019-07-19 11:25:23 Reply
3#Rehman
Having experience with more than 3 years, I must say Hotforex is one of the best brokers in the market. reliable spread, fast withdrawal and execution and when I get any issue live chat is solving it quickly. I`m one of the happy customer.
2019-07-17 11:47:40 Reply
4#Kamranishfaq
I opened my account in October 2016. I provided a scanned copy of my ID card and personal bank statement for verification. After my account was validated I keep on demo account for quite some months before funding my live account.
My live trading journey started a year later when I funded my micro account and started trading cable for sometime.
My account was small but I made nice profits every week because of good leverage and lower spreads. Now I have two accounts with this broker, one is big one and another is the one I opened to start trading with them.
I am trading with confidence because I have seen that the services are good. I withdraw my money back to my bank account most of the times and it's easy.
My live trading journey started a year later when I funded my micro account and started trading cable for sometime.
My account was small but I made nice profits every week because of good leverage and lower spreads. Now I have two accounts with this broker, one is big one and another is the one I opened to start trading with them.
I am trading with confidence because I have seen that the services are good. I withdraw my money back to my bank account most of the times and it's easy.
2019-07-15 11:15:10 Reply
5#Arhan
Having account with them from more than couple of years along with good amount of withdrawal successfully every month. I must say Hotforex is one of the best forex in the market. I like the Neteller option to withraw the money as it has low fees and fast withdrawal.
2019-07-15 10:38:47 Reply
6#Amo
Good fast withdrawal in 3days
Best for fundementals and technicals
Am happy with their service , hope they keep up the good work
Best for fundementals and technicals
Am happy with their service , hope they keep up the good work
2019-07-12 12:04:08 Reply
7#Ramy
I've been trading with this brokers as long as i can remember. I had issues with them at first but my account manager will spend several minutes on the phone with me just to suggest different solutions and do some follow up. withdrawal takes almost 24 hours to be accepted but if i need it urgent my account manager makes it happen within seconds or few minutes. good customer service, fast executions. the only thing i wish they improve on is tighter spread. i mean like ability to place a more tighter stop loss.
2016-09-09 13:10:00 Reply
8#Tuan
I have been trading with this broker for 8 months, everything is fine so far. Fast payment within 24 hours, support credit cards and skrill. My favourite pair is EU and Hotforex offers very tight spread on the MT4. Great broker!
2013-07-30 15:15:00 Reply
9#DeGuzman
A very reliable broker, with excellent services, I have bee trading with them for 14 months till now with no problems, fast execution, very responsive support team, spreads are ok, better than most. withdrawal options are really good. i hope they continue to do good in the forex industry
2013-07-25 16:29:00 Reply
10#Tobias
I am trading with hotforex currently since over one year. Execution time could be improved (esp. in news times) and slippage is also sometimes a problem. But if slippage is to high and you have a sound reason to complain they always reimbursed me. Customer support is super and due to there quite big CFD offering I can also trade commodities, indices and shares. Up to now I haven't found a forex broker with mt4 who is offering such a broad product portfolio. for scalpers and speed traders hotforex is maybe not the best selection but for normal traders I can clearly recommend them.
2012-09-02 17:55:00 Reply
11#Adelmo
I have been informed that hotforex now got listed by Gbot and I really appreciate that news, it made me proud somehow, I have been with this broker since a while and they always achieve new progress and I think they have set limitless challenges for the future, I have always been a bit sad when my friends and people on forums told me that hotforex was not really the best choice and they cant be trusted, but I have always been thinking differently and I found out that this broker is most caring about traders and they always improve their company .
2012-08-21 18:15:00 Reply
12#Bryan
I would like to commend hotforex for an excellent job, I had an issue with price and my position was liquidated, I contacted execution and the manager was kind enough to attend to my concern and reimbursed the amount that I’ve lost, and it was faster than I expected. What can I say, They are very professional and I am very pleased.
2012-08-08 09:25:00 Reply
13#Prinsloo
Been with them for more than a year now and I have to say they are excellent. Keep it up HF
2012-08-05 10:14:00 Reply
14#Matej
I am with HotForex for more than a year and I had no problems with them. Price execuition is good, slippage very rare. What I like is they try to be helpful and act serious to their customers. I am very happy HotForex is still doing good job and instantly bringing new products and services to us - clients. Deposits are held in Barclays - big and reputable UK bank. I am very confident trading with them and may recommend them to all retail traders. Thank you HotForex being very serious dealing my issues as well.
HotForex is very honest broker!
HotForex is very honest broker!
2012-07-27 11:14:00 Reply
15#liteleto
very honest broker. i opened an account with this broker and funded with liberty reserve. immediately it reflected but i was unable to get to them my proof of address and because of this my login was disabled so i cud not trade. i got frustrated and asked them to send back my money and to my surprise in less than 12 hours i got my money back.
2012-07-19 17:35:00 Reply
16#Chris
Hotforex has always been an excellent brokerage with the best customer service of any brokerage!
They are terrific!
They are terrific!
2012-07-11 13:23:00 Reply
17#Ben
I have opened an account with this broker with a very small amount but yet they are still able to treat me as if i have opened thousand of dollars in their firm. they are one honest broker when there was this one time i had a problem with one of my trades they have given me back the money that i have lost in less than 12 hours. I am happy with this broker and i will be starting to open an account here with bigger capital soon.
2012-07-06 10:33:00 Reply
18#Sofiane
I started trading with hotforex again last 2 months after quitting for a while as I had some studies related to my actual job, and for now I guess that the company has taken a new path towards the top, they are heavily promoting their products with an amazing contests, programs and competition, its crazy but I joined all of them, I more count on their referral program because if you bring in serious traders you can earn some referral fees and thats what am doing. I had no problems so far for now and I would like just to let you know that sometimes it takes time to find an agent for Arabic support but its ok since I am comfortable enough with English, thanks.
2012-07-03 09:56:00 Reply
19#Usman
I would like to give Hotforex 5 star for their wonderful service, quick response. My position was liquidated today but i had some concern on the price, i contacted Backoffice and their business manager Pushma, and told them my concern, they took interest into the issue and reembursed me the amount which i have lost. Quick reponse, wonderful customer service. Thumbs up to hotforex.
2012-06-17 15:21:00 Reply
20#thomas
Too simple for account opening, almost do not need any proof will be able to open an account, let a person feel not formal, in addition to the website backstage is too simple, although there are many kinds of credit cards into gold, in fact is not in use, the last only transfer a choice, finally give up into gold, TT fee is high, is not suitable for Young Money attempt to.
2012-06-08 17:11:00 Reply
21#Hong
I'm from Shanghai and been trading forex for 3 years, i'm happy with Hotforex after using it since last October,
I admit that selecting a suitable broker for asian traders is not an easy job. I had the same trouble with many of my friends confronting with slippage, poor server connection and slow withdrawal when I stay with my previous brokers. and this is always a headache.
Earning money in the forex market is not easy, however,I became more confident now when there are not more troubles with the platform. the customer support in hotforex helps a lot when i have any questions. I am grateful for their helps.
I'd withdrawn money once from them and i got the money the same day, it's good.
I admit that selecting a suitable broker for asian traders is not an easy job. I had the same trouble with many of my friends confronting with slippage, poor server connection and slow withdrawal when I stay with my previous brokers. and this is always a headache.
Earning money in the forex market is not easy, however,I became more confident now when there are not more troubles with the platform. the customer support in hotforex helps a lot when i have any questions. I am grateful for their helps.
I'd withdrawn money once from them and i got the money the same day, it's good.
2012-06-08 18:46:00 Reply
22#Anderson
I've been trading with HotForex over 7 months now and we had some execution problems on the past but all resolved by the IT team and execution has been pretty consistent lately
Fast response by support team and my account manager and very reliable finance department
Very hard to find honest broker as is HotForex now a days
Recomendo aos Brasileiros por terem otimo suporte em portugues.
Keep On the good Job
Fast response by support team and my account manager and very reliable finance department
Very hard to find honest broker as is HotForex now a days
Recomendo aos Brasileiros por terem otimo suporte em portugues.
Keep On the good Job
2012-06-04 19:16:00 Reply
23#Vishal
It's been a month now with HotForex.. First I put my money under a PAMM Account which was doing great for 8 months but then I lost $300 and I removed my money.. Well that's not a negative review about HotForex..It's just that Invest in PAMM with risk..I am trading on my own now with 50% bonus program using Cashback.
About HotForex they are undoubtedly the best broker to my knowledge.. I am relatively knew to forex but I do know that their Support is really impressive... They always available on chat and ready to help.. I come across katrina, Lloyd, Diego most of the times and they are always helpful.
Hot Forex keep up the good work.
About HotForex they are undoubtedly the best broker to my knowledge.. I am relatively knew to forex but I do know that their Support is really impressive... They always available on chat and ready to help.. I come across katrina, Lloyd, Diego most of the times and they are always helpful.
Hot Forex keep up the good work.
2012-05-22 12:05:00 Reply
24#Nazir
Lots of things been going on lately, some positive and others are negative, I trade the news a lot specially this month with all the political issues happening in Greece, I know there is no escaping slippage and I am not a technical person, I hope hotforex could do something about it. Setting that a side, I noticed a big improvement in there execution, and I find scalping a lot smoother now a days and that makes earning more fun, I hope they continue doing their thing.
2012-05-20 11:23:00 Reply
25#Fouad
Since January I am trying a couple of brokers that I heard a lot of good things about them in order to determine with which one I will open my main account one of those brokers is hotforex and I really think that I am almost gonna stop the trial period and put bigger deposits I have contacted their customer support (a bit like a test) I really did that a lot and was annoying sometimes with my issues and all of that but I always found a nice agent, added to that they have got a nice features and many different platforms I read many review saying that their execution speed is perfect, but I am still trying them to be sure of my choice as I also heard they had connection issues at the end of 2011.
2012-05-06 15:02:00 Reply
26#Alberto
They have good spread, and it’s really good for scalping especially during the asian session, execution can be improved though I think it’s better than other brokers out there, withdrawing to money bookers is easy, it takes a couple of hours as long as you pass the form during office hours. There are times when spreads widen during major news I guess, but that’s normal. I have plans on trying out their pamm accounts, I’ll post another review after a do so, for now I’m pretty much happy earning with hotforex.
2012-04-29 17:12:00 Reply
27#Zhihua
I feel so great trading with hotforex since half a year and I guess I have made my choice now by staying with them, I would even try their managed account for a while when I will have to do some personal and professional projects in the next months, I would like to invest my funds instead of letting them on a bank account, this just because I trust hotforex and they have gained my trust through their excellent communication, their customer support and account managers are so friendly, they have been there when I had troubles with disconnections earlier this year, I have noticed that they have got a very tight spreads eurusd on currenex, one thing else they have gave me a good advice about what kind of account I should open
2012-04-21 18:32:00 Reply
28#Nassim
Hotforex was recommended to me by a good friend in Europe last year, when he understood that I had experienced with some unstable server problem with my previous broker.
I'm glad that I'd found a professional company, and the customer service is very quick and problem solving. Every time I send a questions I can get the response very soon.
I'm trading often, and the platform is stable for me. I'd been with them for about one year and had withdrawn money twice. the withdrawls took me normally within 12 hours in working days.
I'm glad that I'd found a professional company, and the customer service is very quick and problem solving. Every time I send a questions I can get the response very soon.
I'm trading often, and the platform is stable for me. I'd been with them for about one year and had withdrawn money twice. the withdrawls took me normally within 12 hours in working days.
2012-04-19 19:51:00 Reply
29#Krish
This is hotforex from my point of view, been trading with them for half a year or so, some problems I have encountered are disconnections, they are not that often but it can be a bugger, I hope they add more servers. Execution and slippage are manageable, withdrawals are manual so it can take up to 24 hours. Things that I like about hotforex are tight spreads, which is really good for scalping, multi platforms can really be handy especially during travels or having a computer busted. I can recommend this broker and I’m pretty happy with what Im getting from them, makes earning money a lot easier. I’ve tried a couple of brokers before hotforex and by far this brokers is much better.
2012-04-17 12:50:00 Reply
30#Okotor
i just want to inform you that i have receive my bank wire withdrawal of 5774USD thanks to HotForex
2012-04-14 09:49:00 Reply
31#Sheng
Thanks to the quick and helpful customer service, it is a good and safe experience to trade with hotforex as compared with my previous brokers.
2012-03-27 00:07:00 Reply
32#Agung
I think its part of a trader’s cycle to change brokers, and I’ve been through two already before hotforex, for the same reasons as dissatisfaction performance and what seemed to me as unprofessional brokers.
2012-03-11 06:06:00 Reply
33#Robin
Hotforex is my first broker and still I am with them and I will be with them. I have tried some other broker like roboforex, alpari, but comparing with them hotforex is far better. Great using EA. I have doubled my money within a week using EA. Deposit instant and withdrawal is a peace of mind, takes as low as 1-3 hours to up to 24 hours. I will give them a five star. Only one complaint that sometimes I don’t know why I am not getting updates in may e-mail account from them.
2012-03-02 11:25:00 Reply
34#Cheng
Hotforex is my fourth forex broker so far in my 4 years forex trading life, the major reason I left the previous brokers is due to the instability of the platform with slippages and server problem. Hotforex does much better in this point.
2012-02-26 07:08:00 Reply
35#Abdullah
No doubts that there are a lot of quality brokers out there, but only few makes you feel secure and make you feel that they are caring about your interests more then their interests as well, I said make you feel..
2012-02-14 09:06:00 Reply
36#Aslam
A nice broker, but I’m still keeping my guard up, I have this phobia from brokers being too good to be true, but It’s quite reassuring all the good feedback that I get from people that I know and all across the internet. Honestly, I have no complaints for the past couple of months everything has been smooth. I’ll keep an eye on them but for now I can say they are good.
2012-02-09 14:02:00 Reply
The spreads, leverage, execution, mt4 are all reasonable. I would rate them 5 stars and will continue using services since they are so far so good.