On this page, we review the hotforex broker. Hot Forex broker has over 3,500,000 opened accounts and more than sixty awards in various fields.
| Broker name | hotforex |
| Established year | 2010 |
| Spread rate | average |
| Central office | Saint Vincent and the Grenadines |
| Regulation | cysec, FCA, FSCA, DFSA and FSA |
| Minimum deposit | 5 $ |
| The easiest way to deposit and withdraw | Visa, MasterCard, Skrill |
Cent Account
Copy Trading
Spread Reduction Trick
Islamic Account
Permission To Trade Scalping
Hotforex is the name of one of the active brokers in the market. Their exceptional services include: depositing without fees, providing a 100% bonus and maximum leverage of 1:1000, and supporting Islamic accounts and copy trading systems. Of course, you should note that this broker does not provide services to residents of some countries such as America, Iran, Canada, Afghanistan, countries of the European Economic Area, Mauritius, Yemen, etc. You can stay with us for more information about this broker.
Hotforex broker can be safely considered as one of the top brokers in the market that many traders from all over the world use its services; this broker has more than ten years of experience in providing services and several different regulators that confirm its validity.
Yes, hotforex broker has regulations: cysec, FCA, FSCA, DFSA and FSA.
Hotforex broker is headquartered in Saint Vincent and the Grenadines.
Hotforex broker was founded and opened in 2010 and had an acceptable level of history.
| Profile / account name | HFCOPY | PAMM | AZERO SPREAD | PREMIUM | MICRO |
|---|---|---|---|---|---|
| Minimum deposit for opening | $100 per follower $500 for strategy provider | 250$ | 200$ | 100$ | 5$ |
| Spreads | Starting from 1 | Starting from 1 | Starting from 0 | Float from 1 pip | Float from 1 pip |
| Commission | 0 | 0 | Starting from 3 $ | 0 | 0 |
| Maximum leverage | 1:400 | 1:300 | 1:500 | 1:500 | 1:500 |
| Ability to trade currency pairs | Yes | Yes | Yes | Yes | Yes |
| Ability to trade stocks and indices | Yes | Yes | Yes | Yes | Yes |
| Possibility of digital currency trading | No | No | Yes | Yes | Yes |
| Scalp permission | Yes | Yes | Yes | Yes | Yes |
| Permission to use Expert | Yes | Yes | Yes | Yes | Yes |
The hotforex broker offers users five types of trading accounts, which we will examine in detail below.
The micro account of this broker has no commission and can be opened with a minimum deposit of 5 dollars; the spread of this account is floating and starts from 1 pip; the maximum leverage that can be used in this account is 1:1000.
This account can be opened with a minimum deposit of 100 dollars and has a maximum leverage factor of 1:500. One of the advantages of the hot forex premium broker account is that there is no commission, and its spread starts from 1 pip.
As the name of this account shows, the spread of the zero spread account starts from 0 pips, and the commission of this account starts from 3 dollars; you can open this account with a minimum deposit of 200 dollars and benefit from the maximum leverage of 1:500.
If you intend to open a PAMM account in hfm broker, you must deposit at least 250 dollars, the maximum leverage factor that can be used in this account is 1:300, and one of its advantages is that there is no commission, and the spread of this account also starts from 1 pip. becomes
hfcopy account in hot forex broker is one of the commission-free accounts of this broker. If you want to open an account as a strategy provider, your minimum deposit should be 500 dollars, and if you want to open an account as a follower, you should deposit 100 dollars. The spread of this account starts from 1 pip, and the maximum leverage that can be used in it is 1:400.
The amount of spread in the hot forex broker is different in different accounts, but the lowest starting amount of the spread in this broker is assigned to the zero spread account, which starts from 0 pips.
Fortunately, the possibility of using an Islamic account in the hot forex broker is active, and traders in the Islamic account can trade all the symbols available in this broker, the spread of this account starts from 1 pip, and its trading platform is Metatrader 4.
To open a real account in the hotforex broker, you will only need to deposit 5 dollars, which is the deposit amount for the micro account.
Deposit and withdrawal methods in hotforex broker include Wire transfer, Visa, Mastercard and Skrill; it is also important to mention that hotforex broker does not charge any fees from traders when depositing, and traders can benefit from fee-free payments in this broker.
Currently, active bonuses in hotforex broker are: 100% supercharge bonus, 50% welcome bonus, 100% credit bonus and 30% rescue bonus. To get more information about these bonuses, contact Hot Forex broker support.
To verify your identity in hotforex broker, you need documents such as ID card or passport, as well as a document to verify the address, such as water and electricity bills or bank statements; you should note that all the documents sent must be in the name of the account opener.
The hotforex broker offers a wide variety of symbols to traders, which is one of the advantages of the hot forex broker. The symbols that can be traded in this broker include digital currencies, currency pairs, stocks, precious metals, etc.
Hot Forex broker supports two MetaTrader 4 and 5 trading platforms, which you can download through the links below.
Copytrading is one of the well-known systems for traders, which has made it very easy and convenient for everyone to earn dollars. You can deposit 500 dollars in hotforex broker and work as a strategy provider in this broker or as a strategy follower. By making a deposit of $100 and copying the trades of the top strategies, earn a high dollar income from this system.
We always post the received reports of broker scams on our website so that people can open accounts with brokers with full knowledge and avoid investing in fraudulent brokers. Still, fortunately, we have not yet received a report of hotforex broker scams. It seems that users have been satisfied with the services of this broker so far.
