Hot Forex Broker

Company HF Markets Ltd
Founded in 2007
Online since 2010
Offices in Mauritius
Payment options CashU, Credit/Debit Cards, Liberty Reserve, Moneybookers, netteler, Perfect Money, Web Money, Wire Transfer
Demo Platforms Meta Trader4, MT4 Mobile
Account currencies Euro United States Dollar
Currency pairs AUD/CAD  AUD/CHF  AUD/JPY














US Traders welcome? No
Website available in (languages) Arabic, Bulgarian, Chinese, English, German, Greek, Hindi, Japanese, Korean, Persian, Russian, Spanish, Thai
Support available in Arabic, Bulgarian, Chinese, English, German, Greek, Hindi, Japanese, Korean, Persian, Russian, Spanish, Thai
Support methods Email, Live Chat, Phone, Web Form
Account Types (micro standard executive islamic) Micro, Premium, Currenex Account, V.I.P Account, Islamic Account
Minimum account size $1
Minimum position size 0.01 lot
Spread type Variable
Typical spread on EUR/USD, pips 1.5
Minimum spread on EUR/USD, pips 1
Scalping Allowed
Expert advisors Allowed
Trading instruments (GOLD; CFD, etc. and the leverage) Forex- 1:1000, Gold and Silver- 1:100, CFD- 1:100, Oil- 1:100, Soft Commodities- 1:100
Trading platforms Meta Trader4, MT4 Mobile, MT4 Web Trader
Digits after the dot in quotes 5
Margin call level 40%
Stop-out level 10%
Number of currency pairs 42
Bonus offers Yes
Free education Yes
Personal manager Yes
MAM accounts Yes
Segregated accounts Yes
Affiliate program Yes
Islamic accounts available Yes
·         Hedging Yes
Overnight interest rates (swaps) Yes
Trailing stop Yes
Pending orders Yes
One-click trading Yes
Mobile trading Yes
Browser-based platform Yes
Automated trading Yes

hotfxHF markets Limited for Hot Forex broker as it is commonly known in the market was founded in the year 2007. In their quest to be at par with other brokers in the market Hot Forex also started their online trading service which was internet based in the year 2010. They have their office in Mauritius and is not regulated by any regulating authority in any country. They have many bonus offers which is liked by traders as it adds to their funds. Free trade related educational materials like tutorials, videos and webinars are available to the customers on the website. Personal manager is also provided to the customers who help them to manage their accounts better. Segregated account is to assure the customer that the company’s fund and the trader’s funds are kept separate and hence the money is safe. Islamic accounts are there for Muslim traders and they also have the facility of overnight interest rates swap. Trailing stops, pending orders, one click trading, mobile trading, browser based platform and automated trading are some more features.

They have many options of making the deposit or doing the withdrawal and hence are mostly hassle free. The trading platform for demo account includes Meta Trader 4 and Meta Trader Mobile whereas for real account it also includes Web Trader in addition to this. The account currencies allowed is Euro and United States Dollar. They have 42 currency pairs in which the traders can trade in and has all the major pairs. The website as well as the customer support service is multilingual and is available in 14 languages. The customer service is excellent and is very prompt in their replies and also is very friendly. The minimum deposit required to open an account with them is only $1 but obviously to start the trade they will require fund much more than this.

The reviews being the best way to find about a company, when you go through Hot Forex reviews you will find many happy and satisfied customers. One of the many features that is liked by the traders is that the leverage on forex trading is 1:1000 and is one of the highest in the forex market. The minimum deposit required to open an account with them is only $1 and is a boon for many small traders. The website and customer support service is excellent and available in 14 languages. The customer service is of world class and can be reached to find solution to any trade related issue. The use of Expert Advisor and scalping is allowed to the traders. The payment options are many and hence the deposit and withdrawal of funds is an easy affair. They allow trading in CFD, gold, silver, oil and soft commodities along with 12 currency pairs which include all the major pairs. Their trading platform allows fast execution of trade and is very fast. The average rating given to the company by its users is 5.8 out of 10.

» Sign up now!