Forex Ratings - HotForex

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HotForex

Status

Recommended broker

License

Regulated by the Financial Services Commission (FSC) of the Republic of Mauritius. Category 1 Global Business No. C110008214 License | Company Reg. No. 094286/GBL

Trading software

HotForex MT4 Terminal, Hot iPhone & Smartphone Trader, Hot Webtrader, Hot Android, HotForex PAMM system

Trading conditions

Min. deposit: $5
Leverage: 500:1
Commissions: 0
Free trial: Yes
Pip Spread on Majors: 1-2

Address

HF Markets Ltd, Suite 612, 6th Floor, St Denis Street, St James Court, Port Louis

HotForex is a worldwide online forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers. Retail, IB and White Label Clients have the opportunity to access interbank spreads and liquidity via state of the art automated trading platforms.

Headquartered in Mauritius and supported by our worldwide Customer Management Centre's, HotForex offers its clients an unparalleled trading experience with excellent multilingual support in an effort to provide its clients with every advantage possible in order to facilitate their trading activities.

The progressive and dynamic management team has many years of active trading experience across a number of platforms and markets. Through their own personal and corporate experiences they recognized that the traditional web based forex brokers would be placed under increased pressure due to their delays in trade executions, frequent system failures and ultimately poor customer service. This is what HotForex aims to rectify through high end technology products, low cost commissions and unrivalled customer service.

HotForex positioned itself as the forex broker of choice for traders worldwide, 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.

Regulation and Compliance

As a financial investment company, "Hot Forex" has a Category 1 Global Business License issued by the Financial Services Commission (FSC) of the Republic of Mauritius under the name of HF Markets Ltd.

Advantages of Trading with HotForex:

Flexible Bonuses 50%
We offer tight spreads on crosses from as low as 0.6 pip.
Minimum deposit for Micro and Islamic accounts — only $5.
Margin leverage from 1:1 up to 1:500.
Only for HotForex clients! TradeSignals.com services for FREE.
Superior multilingual support 24/5.
Fast account approval
Security of funds
Segregated Accounts
PAMM services
Free education courses

Our Mission is

To maintain our position as an industry leader in the online forex markets.
To continually add to our product range through innovative financial products.
To continually establish new value adding services for our clients.
To provide an unparalleled trading environment for all our clients.

Actualization date

1 November 2011

Participation in the rating

Regulated by

FSC

Platforms

HotForex MT4 Terminal, Hot iPhone & Smartphone Trader, Hot Webtrader, Hot Android, HotForex PAMM system

Languages

English, Spanish, French, German, Italian, Arabic, Russian, Chinese, Japanese, Arabic, Turkish, Italian, Portugese, Dutch, Farsi, Bengali, Malay, Bulgarian, Greek, Bahasa

Other instruments

Forex, Indices, Metals, Oil

Payment methods

Credit Card, Master Card, Wire Transfer, Visa, Moneybookers, Webmoney, Neteller, Liberty Reserve, Perfect Money, Cina Union, Alertpay and more

Mini account

Standard account

$500

Leverage

500:1

Pip spread on majors

0.8

Commissions

24 hour trading

Demo account

Yes

24 hour support

Free phone

+44-2033185978

Mobile forex trading

1st deposit bonus

50% Withdraw BONUS

Forex contests, competitions

1st TRADERS AWARDS www.hotforex.com/awards.html

Free forex education

Headquarters

HF Markets Ltd, Suite 612, 6th Floor, St Denis Street, St James Court, Port Louis

WWW

http://www.hotforex.com/?refid=9319

Interest charges on the balance

Partnership programs

Latest forex broker news

2 April 2012 HotForex
HotForex announces the HotForex Debit Card!
HotForex is happy to announce the launch of the HotForex Debit Card. With this card you will be able to easily and cost effectively make withdrawals from your HotForex Trading account directly onto your HotForex Debit Card...

30 March 2012 HotForex
The Hotforex Olympics Contest: Experience the thrill of London Summer Olympics 2012!
Enter our Forex Olympics Contest and participate in the chance of winning an exhilarating trip to London during Summer Olympics 2012. This summer, the capital of England will be the centre of the world's attention as more than 10,000 athletes from 205 participating nations come together...

29 March 2012 HotForex
Indices Trading with Hotforex
Please note that we have switched our Indices and Oil Liquidity Providers for Indices and Oil trading in order to maintain our competitive spreads...

1 February 2012 HotForex
HotForex launches Blackberry® and iPad Trader Applications!
HotForex proudly announces the launch of the two additional trading platforms, the HotForex Blackberry® Trader and the HotForex iPad Trader !

Successful trading with NordFX

Successful trading with NordFX. Direct access to ECN, which will expand your trading opportunities: The best prices from Interbank market; Lowest spreads; No Dealing Desk; Market Depth. Base technology with all necessary instruments and best conditions - Metatrader 5 (and Metatrader 4): No requotes! A paradise for scalpers! REAL instant execution without manual dealers – less than one second. Usage of supplements (expert advisers, signals) without any restrictions. Variety of fund transfer methods (local deposits in some countries).Good luck in trading!

27 October 2011 HotForex
HotForex Launches ‘You Tube’ Channel
We are happy to announce that we have launched our own YouTube.com channel. As of this posting we have several videos uploaded and the number will be increasing...

27 April 2012 Leonard

HotForex

Hot Forex is a liar, they freeze my MT4!!! For u who want to join this company, must think twice, don't be regret at the last!!! better for u to be careful, see the comment of everyone, if there is 1 problem, so u must think for twice, better to be careful than be loser

24 March 2012 jubayer

HotForex

i already try lot of broker but hotforex is best for me.i wish they will do better day by day

19 February 2012 Willy

HotForex

I have been trading with Hot Forex since June 2011 (more than 6 months and almost USD 3.000 deposit).
At the beginning (early 3 month) they showed awesome performance : platform (MT4), support , deposit/withdraw, bonus, etc BUT after 3 month they same problem appeared consistently : MT4 freeze, unable to login live (demo ok), my live account didnt recognized by system (invalid account error). This occurred more than 5 times in total. I emailed the support then the next day they replied sound nicely, after the problem solved, several day later the same problem come again.
Whatever they do with the server if it affected to trading platform /system it will hit us with loss even MC.
If Hot Forex not resolve the problem soon, they will lost their loyal customer and new customer should think thousand times before joining.

4 January 2012 Yue Hua

HotForex

I'd got an email notice from hotforex about their new released ipad app.

I downloaded it instantly and it's working fine on my ipad2. it's really cool to trade with a nice visual experience.
I also tested it using my wife's ipad 1, and it's working well too.

i'd not bought iphone 4S yet, and not tested their iphone app previously. I would love to have a try.

Admiral Markets Gold Accounts are designed as MetaTrader4 trading accounts denominated in gold

Accounts are available for all customers, which is, beyond question, a considerable investment opportunity for every trader at all times. Gold (Aurum) is the most popular precious metal either in common life and financial world, as it is the primary component of the reserve funds managed by central banks. Without being a circulating medium, Aurum remains to be one of the most important elements in the periodic system as a vital commodity for various industrial applications.

4 January 2012 Salim

HotForex

Hello guyz, guess how am I trading today ? ... I am trading with coolest way ever ) I have just downloaded the iPad application to trade with Hotforex, this iPad trader is awesome as it allows me to trade almost like from my desktop and nearly all the features are included ! ... its really a great gift from Hotforex for the new year !!