HotForex Review conducted by ForexSQ experts for those traders want to sign up for a HotForex MT4 download and start trading with this forex broker with a free Hot Forex demo account. In this HF Markets review you will get all information you need to know before open account with HFUE.com broker like what is HotForex PAMM accounts or what are HotForex binary options trading accounts, You will also know how to do HotForex login or how much is HotForex minimum deposits.
HotForex Review By ForexSQ
HotForex is a registered brand name of HF Markets (Europe) Ltd located in Cyprus, The Hotforex broker providing trading services and facilities to retail FX traders.
HotForex Trading Platforms
In general, there are 8 online forex trading platforms to select from at Hotforex.com broker:
- MT4 on Mac
- Smartphone Mobile Trading
- Web Trader
- iPad Trader
- iPhone Trader
- Blackberry Trader (Coming Soon)
HotForex MT4 Download
[sam id=”8″ codes=”true”]
Metatrader is the utmost prevalent front-end application in the business. HotForex MT4 has taken the HotForex mt4 download platform and introduced its liquescence to create an accessible front-end trading edge with interbank liquidity and fast implementation.
The HotForex MT4 Terminal is an impeccably prepared trader’s workplace that permits to trade in the financial marketplaces. It delivers the essential tools and resources to examine price dynamics of monetary instruments, make the trade transactions, make and use automated trading plans. It signifies the all-in-one idea and is consequent from the most popular trading curable in the world.
The HotForex Apps and trading markets are accessible using a variety of the most popularly used electronic handheld devices that include iPhones, Blackberry and Androids. The HotForex Apps is free for both Android and IOS, You can download The HotForex App for Android from Google Play and download The HotForex App for iPhone from Apple app store.
HotForex Account Types
The HotForex broker offers different types of accounts for its clients which are:
Hot Forex Micro Account Minimum Deposit is $50
Hot Forex Premium Account Minimum Deposit is: $500
Hot Forex ZERO Account Minimum Deposit is: $100
Hot Forex Fixed Account Minimum Deposit is: $500
Hot Forex VIP Account Minimum Deposit is: $20,000
Hot Forex Auto Account Minimum Deposit is: $500
HotForex Demo Account
The HotForex Demo Account has been intended to strictly simulate an actual trading environment based on actual market situations. Our confidence that the Demo trading situation must reflect the live trading environment as strictly as probable, is entirely in line with our central values of Honesty – Openness – Clearness, and confirms a unified transition while opening a Live Account to trade on the real marketplace.
Increase the trading knowledge you need and enter the market with assurance.
Benefits of the broker demo accounts:
- Test trading strategies risk-free
- Unlimited usage
- Admittance to trade with the MT4 Terminal and Web trader
- Real market conditions
- Up to $100,000 virtual opening balance
- If you are a present customer please login to your present My HotForex area to open a new-fangled Demo Account.
- If you are a Novel Customer please 1st register a My HotForex account for admittance to the HotForex area wherever you can then open a new Demo Account.
Beware of the HotForex PAMM accounts!!! They are accessible in such a method as to deceive probable investors into trusting that their presentation is much better than it actually is.
There is a massive out whereby HotForex PAMM account managers can actually lose large percentages of their accounts under administration, but still have the attendance of trading well, and being paid striking sums for it! It’s for the reason that of how HotForex is set up. The gap is this:
The broker simply graphs closed trades in their presentation view of all fund manager, and specifies that PAMM account managers get satisfied according to a high water system founded only on closed trades. So what occurs? Thus numerous of the ‘best’ fund managers through the broker are actually mislaying heaps of money, excepting that they not ever close all those bad trades – they simple let them drift indeterminately, knowing that it is completely not in their attention as a fund manager to close them.
The broker PAMM account provides you complete control over your asset. You can make withdraw or deposit money from your account at any time at the regular rollover.
Hot Forex Binary Options
[sam id=”8″ codes=”true”]
Hot Forex binary options Trade has demonstrated itself a resilient online stage for trading binary options. Whereas the company has been mainly concentrated on offering foreign exchange trades, it is actively integrating binary options into its collection of monetary products. This is being done in line with its business policy to frequently deliver the latest monetary products in the industry, in addition to inspiring the services over progressions in trading technology and invention, with a strong attention on protecting customer information, funds and transactions.
The company will be accessible to traders as a completely licensed and regulated options trader via the Cyprus Securities and Exchange Commission (CySEC). Certain observers think that the tremendously instable nature of binary options stances too great a risk to depositors. Though, Hot Forex binary options continue are simply accessible to both experienced and novice traders alike, though they point out that traders should have both self-restraint and risk management approaches.
What HotForex Forex broker can pretention with is absolutely the HotForex bonus system. When you join the website you will get how striking and profitable it is.
No Deposit Bonus – The greatest Forex bonus generally the no deposit bonus is accessible on HotForex website. Now, it is 30 $ and all the novel customers can easily take profit of it. The only situation is not to have any registration or an account on the website. We recap you that this bonus is providing for you with no extra situations or obligations. You just accept the money and can trade with it deprived of any risk. Hence, you can test the stage without investing everything and in the meantime to win a lot without risking your individual assets.
Rescue Bonus – The 30 percent Rescue Bonus is made exclusively for traders, who need to protect accounts from times of drawdown. The exceptional offer can be lost devoid of limitations and also used as margin.
Supercharged Bonus – The 100 percent Rebate Credit Bonus is an immediate dual scheme, which provides you a chance to rise your account leverage and earn lots of cash refunds on your trading action. The lowest deposit is just USD 250 and you can acquire bonuses of equal to USD 50,000! You can receive up to 2 $ daily per lot openly from your account!
Credit Bonus – The 100 percent Credit Bonus is provides you a chance to rise the trading volume of your individual e-wallet in your account. Generally, there are no limits for withdrawing this bonus, but in advance better read the terms and conditions!
Refer a friend – The program that permits you ask a friend and receive some extra money is accessible on Hot Forex broker, also. While you do this, do not forget to inform the website customer support agents with an email for the action so as to be rewarded immediately!
Special loyal client and VIP bonuses – Totally of these bonuses vary, so ensure you read their programs beforehand applying for them. Note that the VIP bonuses are generally continuous for you as options, so it is value to consider whether to sign in by a VIP, but not with an ordinary or any other form of account.
HotForex Spread and Commission
Like most online brokers, the HotForex broker does not charge commissions for trades, hidden fees or other charges. The broker makes money by charging traders a slight forex spread that is included on all trading activities based on real time market values transacted by the client through the broker. Spreads start as low as 1 pips (points in percentage) for forex trades (depending on currency traded).
Traders should be aware that trading during volatile times created by adverse global events or financial news is much more risky and broker spreads tend to be wider.
The HotForex leverage starts from 1:1 up to maximum 1:200, However the broker provides high leverage trading but if you are a newbie forex trader then avoid to use high leverage as it will increase to lose all of your capital.
HotForex Margin Requirements
HotForex margin requirements is fixed, The amount of margin that you are required with HFEU to put up for each currency pair varies by the leverage. For example, If you use 50:1 leverage then you may be required to put up €200 to hold a €10,000 position.
HotForex Deposit Options
Clients using Hot Forex trading accounts can deposit funds using a variety of methods that include credit cards, checks, bank wire transfers and Skrill. Trading account withdrawals can be conducted using the same methods and require proper identification of account holders in accordance with strict international financial guidelines designed to prevent financial crimes like identity theft and money laundering.
Hot Forex Deposit Fees
The Hot Forex Deposit fee is Zero, It means you will not pay any money as HotForex deposit fees.
HotForex Deposit Time
The Hot Forex Deposit time is between 1 through 3 business day and it depends to the methods you deposit your HotForex account.
HotForex Withdrawal Methods
Hot Forex withdrawal methods is various, Clients can using a variety of methods that include credit cards, checks, bank wire transfers and PayPal. Trading account withdrawals require proper identification of account holders in accordance with strict international financial guidelines designed to prevent financial crimes like identity theft and money laundering.
HotForex Withdrawal Fees
The HotForex Withdrawal fees starts from Zero up to $20, The HotForex withdrawal fees depends to which country and methods you want to receive funds.
HotForex Withdrawal Time
The Hot Forex Withdrawal time is between 1 through 5 business day and it depends to the methods you Withdrawal from your Hot Forex account.
HotForex Withdrawal Problems
If you have any HotForex Withdrawal Problem then you can contact the broker directly and if it dose not solve the problem then you can contact the regulators to solve your HotForex Withdrawal Problems, You can also submit your HotForex withdraw problems in the comment form below of the Hot Forex reviews by ForexSQ.com forex trading website.
HotForex is regulated and licensed broker with:
HotForex is a registered brand name of 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. HotForex is governed by the Markets of Financial Instruments Directive (MiFID) of the European Union.
Investors who trade using the HotForex forex broker will have access to a valuable library of educational materials that includes trading tools and support materials for all levels of traders, as well as professional analyses, expert commentary and training videos on a variety of topics.
The broker’s Academy also includes interviews with top traders in various markets whose invaluable expertise, wisdom, trading methods and strategies are shared with the company clients.
HotForex Customer Service
The HotForex customer service are provided by its helpful staff of multilingual professionals who are available via online chat, email, fax or telephone during market hours 24/5 and provide support services in a variety of languages.
For login to HotForex broker you can visit the broker website, After sign up you can check your email for free instructions and do Hot Forex login.
HotForex Minimum Deposit
The HotForex Minimum Deposit is $50 and depends to the account types increase up to $500.
HotForex Trading Hours
Hot Forex Trading hours of operation coincide with the global financial markets. Online CFDs and Forex trading is available from Sunday 5 p.m. to Friday 5 p.m., GMT time.
HotForex Bitcoin Trading
At HotForex you can buy or sell Cryptocurrencies like Bitcoin but you can not deposit or withdrawal with Cryptocurrencies like Bitcoins, So Hot Forex BTC chart is available for trading but you can not deposit or withdrawal with a Cryptocurrency.
HotForex Live Chat
To get a fast support you can use HotForex Live chat, The HotForex Live Support is also available to support clients, To use HotForex customer support just visit the broker’s website.
HotForex Head Office address is:
HF Markets (Europe) Ltd
Spirou Kyprianou 50, Irida 3 Tower, 10th Floor, Larnaca 6057, Cyprus
HotForex Phone Number
HotForex Head Office Phone Number is: +357-24-400165
HotForex Review conclusion
However the HFEU broker is regulated but invest the amount you can afford to lose it as online trading contains risk of losing your money. This HotForex review conducted by ForexSQ experts to get all information about this broker before open trading account, so if you like it then share it on social networks please.