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hotforex-logo-100x33.png HotForex

hotforex-logo-250x250.png



Accounts

Mini Account: YES Minimum Deposit ($US): $50
Standard Account: --- Minimum Deposit ($US): N/A
ECN Account: YES Minimum Deposit ($US): $500
VIP Account: YES Minimum Deposit ($US): $40000
Base account Currencies offered: USD

Leverage

1000/1
N/A
400/1
300/1
   

Lot Size

0.01 Increments: 0.01
N/A N/A
0.01 0.01
0.1 0.01
       

Payment Options

Deposit Options: Bank-Wire Transfer, Bank Card, Broker to Broker Transfer, CashU, Neteller, Skrill, Sofort, WebMoney, paysafecard
Withdrawal Options: Bank-Wire Transfer, Bank Card, Broker to Broker Transfer, CashU, Neteller, Skrill, Sofort, WebMoney, paysafecard
   

Products

FX
---
FX and Metals
FX
   

Spread & Commission

Commission: YES Account: ECN
$10 per 1 lot round turn    
Both Accounts: Fixed for Fix
1 pip minimum    
N/A    
0.4 pips    
0.4 pips    
       

VIP Benefits

Premium Trading Conditions For VIP Clients Both Retail And Institutional: YES
Better Spreads
NDD
   

Trading Terms

YES
YES Mirror Trading Providers: FXStat
YES
YES
YES
MT4, webtrader
GMT+2
5 Digits
Execution: Market execution Accounts: N/A
N/A
N/A
Currenex
YES
NO
YES
YES
YES
YES
49 Exotic Pairs Included: N/A  
Both
YES
YES
YES
NO
YES
NO
YES
YES
YES
NO
YES
NO
YES
NO
NO
YES
CPA and Revenue Share
https://www.hfaffiliates.com/en/
N/A
             

5 customer reviews

1.8 out of 5 stars
  • From 4 to 5
    1
  • From 3 to 4
    0
  • From 2 to 3
    0
  • From 1 to 2
    0
  • From 0 to 1
    4
  • Platform - Performance, Usability
    100%
  • Pricing - Spreads, Fees
    34%
  • Features - API, News Service
    100%
  • Support - Fund Options, Integrity
    100%
Public Review
1 rating
Great
3 years ago.
Broker Review - Overall
platform very stable and good response time, spreads are very tight in most usd pairs, able to scalp, support is pretty active and can be strict with verification which is good. withdrawals processed with in 48 hours (2 working days) at times they do process it the next day. they are very good
Broker Advantages
good reputation
excellent platform options
fast execution and withdrawals
multi regulations
Broker Disadvantages
no US traders
lacks offices in southeast asia.
Overall Trading Experience
7 years
Trading Experience with this Broker
1year and 5 months
  • Platform - Performance, Usability
    100%
  • Pricing - Spreads, Fees
    90%
  • Features - API, News Service
    100%
  • Support - Fund Options, Integrity
    100%
Show more
0 of 0 people found the following review helpful
Public Review
1 rating
hotforex is ever fake
7 years ago.
Broker Review - Overall
A Cheating Broker. Swap free commission deduction after 8 month later. Hotforex is just scam ..never trust their fake promotion and bonus.
STAY AWAY!!!
Contrary to their rules they won't let you withdraw until you don't loose some money!!! They don't answer to your email and they hide your balance!
HOTFOREX ARE CHEATERS!!! 
Broker Advantages
nothing to say about the hotforex's advantages on forex broker
Broker Disadvantages
they have many disadvantage
-high spread
-late withdraw
-poor customer service
-poor technical support
Overall Trading Experience
i have good experience on trading for 2 year
i traded many forex brpker but i didnot seen like this hotforex broker in my trading experience
Trading Experience with this Broker
i have 1 year experience on this hotforex but this is not good
only cheating us
  • Pricing - Spreads, Fees
    20%
Show more
0 of 0 people found the following review helpful
Public Review
1 rating
fake broker .... scammed me!!!!!!!!!
8 years ago.
Broker Review - Overall
Low spreads but re quotes almost in each trade even in normal market conditions.they freeze your order for more than 10 seconds. if price changes against you, this is your order!. if price changes in your favor,re quotes and re quotes until price changes against you, then execute your order! Hotforex is scam !! 
Broker Advantages
Nothing about advantage of Hotforex
Broker Disadvantages
customer service is poor
late withdraw
technical support is poor
Overall Trading Experience
i have 2 year experience in trading ... i have collected most of experience
Trading Experience with this Broker
From 2 years trading experience. from this i have not traded so like Hotforex. not good broker..
i have 1 yewars experience in Hotforex broker
  • Pricing - Spreads, Fees
    20%
Show more
0 of 0 people found the following review helpful
Public Review
1 rating
Hotforex is big scam
8 years ago.
Broker Review - Overall
STAY AWAY!!
Hotforex is a scam!!!!
 I've heard hooror stories like Hotforex but never thought I would have it happen to me.They won't let you withdraw your profits!!! Wont return emails or answer questions. They will send your withdrawals as long as you don't go into profit. Soon as you make a profit and try to withdraw it they close your account....money gone!!! It happened to me...
STAY AWAY FROM Hotforex!!!!!
Broker Advantages
This forex have not any advantages from my side
Broker Disadvantages
This hotforex broker have many disadvantages like
-high spread
-poor client support
-slow excuation
-withdraw prolem
Overall Trading Experience
i have almost 2 year trading experience in forex broker area
Trading Experience with this Broker
Normally i have 1 year experience with This Hotforex broker
i never seen like this forex broker in my life
  • Pricing - Spreads, Fees
    20%
Show more
0 of 0 people found the following review helpful
Public Review
1 rating
Hotforex is huge scammer
8 years ago.
Broker Review - Overall
I have started trading from 2011 as i am interested on it. Till now i have traded with many brokers. Among them hotforex is one. I have started trading with hotforex from 2013 and till now they are not paying my profit in a regular basis. Always i have to wait weeks and weeks. Lastly i can withdraw only $50 as i have a profit of $500. I can't understand their working principle. I would suggest you all not to trade with this broker.Do not believe their fake promotion and advertisement.
Broker Advantages
nothing
Broker Disadvantages
poor customer service
high spread
withdraw problme
Overall Trading Experience
I have been trading here from past 4 years . I have started trading from 2011
Trading Experience with this Broker
I have two years of experience with this broker. As a trader i will not recommend it to all. You can choose other broker like Alpari. They are the best
  • Pricing - Spreads, Fees
    20%
Show more
0 of 0 people found the following review helpful

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