HotForex is a fully regulated ((licensed under the name HF Markets Ltd.) forex broker. They are headquartered in Mauritius and supported by the worldwide Customer Management Centre.
The broker offers excellent trading conditions combined with multilingual support in German, Spanish, Italian, French, Malay, Bengali, Bulgarian, Russian, Arabic, Persian, Indonesian, Japanese, Chinese, Polish, Portuguese, Greek, Thai, and English
HotForex offers two types of demo accounts. The first one simulates a regular account with 1:500 leverage and spreads starting from 1 pip. This account has no expiry date and you can open additional demo accounts straight from the MetaTrader 4 platform.
The DemoCurrenex is the a demo scalping account of HotForex. Here the traders can finesse their scalping techniques with spreads starting from 0.2. This account is supported by a free trial of the MYFX platform
Recommended for beginner traders.
Recommended from experienced traders that feel confident to trade with up to 60 lots.
There are two types swap free Islamic accounts similar to the Micro or the Premium account
This is HotForex’s scalping account.
A special HotForex account system, designed for investors. With this account the investor selects one or multiple managers to follow. When the manager opens an order, the PAMM system opens the same order with your account. Still the investor has full control over the funds. The investor can communicate or switch between the managers.
The following platforms are available.
With one master account ID and password that you should use to log in every platform:
HotForex features a variety of bonuses and contests. After the registration you are eligible to the following bonuses:
HotForex offers three major ways to deposit and withdrawal funds.
US Traders: no
Demo Accounts: yes
Mini Accounts: yes
Islamic Accounts: yes
Managed Accounts: yes
Min Deposit: $5
Payment Methods: Moneybookers, Credit Card, Neteller, WebMoney, Wire Transfer
Platform : MetaTrader 4, WebTrader, Mobile
Currency Pairs: 42
Lowest Spread: 1
Instruments: forex, indices, cfds, commodities
Languages: English, French, Spanish, Russian, Japanese, Chinese, Thai, Italian, German
Email : [email protected]
United Kingdom +44-2033185978,
Online Support: yes