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105. HotForex Review | A-Z | Forex BD.

Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation:  CySEC #183/12,  FSC Mauritius #C110008214 ,  SVGFSA #22747 IBC 2015,  FSA S #SD015,  FSCA #46632,  DFSA #F004885,  FCA #801701
Year Founded : 2010
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, WM, PM, Crypto, USDT (MORE)

Are you looking for a reliable and trustworthy forex broker to trade with? HotForex is a top-tier forex broker that offers a range of trading services and features to its clients. In this article, we will provide you with a comprehensive review of HotForex, covering its features, trading platforms, account types, customer support, and more.

Introduction to HotForex

HotForex is a global forex and CFD broker that was established in 2010. The company is headquartered in St. Vincent and the Grenadines and has offices in Cyprus, South Africa, and Dubai. HotForex is regulated by multiple regulatory bodies, including the Financial Services Authority (FSA) in Seychelles, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Conduct Authority (FCA) in the UK.

HotForex Trading Platforms

HotForex offers its clients a range of trading platforms to choose from, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as its own proprietary platform, the HotForex trading platform. The HotForex trading platform is available in desktop, web, and mobile versions, and is known for its user-friendly interface and advanced charting tools.

HotForex Account Types

HotForex offers several account types to cater to the diverse needs of its clients. The account types include Micro, Premium, Zero Spread, Auto, PAMM, and Islamic accounts. The minimum deposit required to open a Micro account is $5, while the minimum deposit required for other account types ranges from $100 to $500.

HotForex Trading Instruments

HotForex offers its clients a wide range of trading instruments to choose from, including forex, commodities, indices, shares, and cryptocurrencies. The broker offers competitive spreads and leverage of up to 1:1000, depending on the account type.

HotForex Customer Support

HotForex provides its clients with 24/5 customer support in multiple languages, including English, Arabic, Chinese, French, German, Italian, Japanese, Portuguese, Russian, Spanish, and more. The broker offers various customer support channels, including live chat, email, phone, and social media.

HotForex Education and Research

HotForex provides its clients with a range of educational resources and research tools to help them improve their trading skills and knowledge. The broker offers daily market analysis, trading signals, webinars, and video tutorials, as well as a comprehensive education center that includes articles, e-books, and courses.

HotForex Bonuses and Promotions

HotForex offers various bonuses and promotions to its clients, including a 100% Supercharged Bonus, a 30% Rescue Bonus, and a 0.3 pip Cashback Rebate. The broker also offers a loyalty program that rewards clients with points for trading activities, which can be redeemed for cash or other rewards.

HotForex Pros and Cons

Here are some of the pros and cons of trading with HotForex:

Pros:

  • Regulated by multiple regulatory bodies
  • Wide range of trading platforms and account types
  • Competitive spreads and leverage
  • Comprehensive educational resources and research tools
  • Multiple customer support channels

Cons:

  • Limited cryptocurrency trading options
  • Limited range of trading instruments compared to some other brokers

Conclusion

HotForex is a well-established and reputable forex broker that offers a range of trading services and features to its clients. The broker is regulated by multiple regulatory bodies and provides its clients with a wide range of trading platforms, account types, and educational resources. While the broker has some limitations, such as limited cryptocurrency trading options and a limited range of trading instruments, HotForex is still a solid choice for traders looking for a reliable and trustworthy broker.

HotForex FAQ

  1. Is HotForex a regulated broker?
    Ans: Yes, HotForex is regulated by multiple regulatory bodies, including the FSA in Seychelles, CySEC, and FCA in the UK.

  2. What trading platforms does HotForex offer?
    Ans: HotForex offers a range of trading platforms, including MT4, MT5, and its own proprietary HotForex trading platform.

  3. What account types does HotForex offer?
    Ans: HotForex offers Micro, Premium, Zero Spread, Auto, PAMM, and Islamic accounts.

  4. What trading instruments does HotForex offer?
    Ans: HotForex offers forex, commodities, indices, shares, and cryptocurrencies.

  5. Does HotForex offer educational resources?
    Ans: Yes, HotForex provides its clients with a range of educational resources, including daily market analysis, trading signals, webinars, and video tutorials.

Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation:  CySEC #183/12,  FSC Mauritius #C110008214 ,  SVGFSA #22747 IBC 2015,  FSA S #SD015,  FSCA #46632,  DFSA #F004885,  FCA #801701
Year Founded : 2010
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, WM, PM, Crypto, USDT (MORE)
Top 10 Forex Brokers List
5/5

Name

Details

Rating

Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation:  CySEC #183/12,  FSC Mauritius #C110008214 ,  SVGFSA #22747 IBC 2015,  FSA S #SD015,  FSCA #46632,  DFSA #F004885,  FCA #801701
Year Founded : 2010
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, WM, PM, Crypto, USDT (MORE)
Max. Leverage: 1:100 | 1:2000 | Unlimited
Trading Platforms: MT4, MT5, Web Trader

Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
Founded: 2008
Founders: Petr Valov, Igor Lychagov
Year Founded : 2008
Deposit Methods: VISA, MasterCard, Neteller, Skrill, WM, PM, Crypto (MORE)

Min. Deposit: 50 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader, Web Trader
Regulation:  CySEC #278/15,  Labuan FSA #MB/18/0028,  FSA-S #SD 008,  FSCA #FSP 49464,  FCA #717270
Year Founded : 2010
Cryptocurrencies: ✅ Yes
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, WM, PM, Crypto, USDT
Min. Deposit: 10US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5, cTrader, Web Trader, (MobileApp)
Regulation: CySEC
Year Founded : 2009
Cryptocurrencies: ✅ Yes (30+)
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Alipay, Bitcoin, Bitcoin Cash, Boleto, Ether/Ethereum, Litecoin, Local Bank Deposits, M-Pesa, Mobile Money, Monero, PerfectMoney, Ripple, WebMoney
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader, Web Trader
Regulation: ASIC #443670, FSC #000261/309, CySEC #120/10, DFSA #F003484
Year Founded : 2009
Cryptocurrencies: ✅ Yes (50+)
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, WM, PM, Crypto, USDT
Min. Deposit: 5US$
Max. Leverage: 1:30 | 1:3000
Trading Platforms: MT4, MT5, cTrader, Web Trader, (MobileApp)
Regulation: ASIC #426359, FSC #IFSC/60/230/TS/18, CySEC #331/17, FSCA #50885
Year Founded : 2009
Cryptocurrencies: ✅ Yes (30+)
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Alipay, Bitcoin, Bitcoin Cash, Boleto, Ether/Ethereum, Litecoin, Local Bank Deposits, Mobile Money, PerfectMoney, WebMoney, USDT
Min. Deposit: 5US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader, Web Trader, (MobileApp)
Regulation: CySEC #372/18, SVGFSA #19776
Year Founded : 2011
Cryptocurrencies: (25+) Bitcoin, Litecoin, Ethereum
Deposit Methods: Bank Deposit, VISA, awepay, Bitcoin, FasaPay, Local Bank Deposits, Local Bank Transfers, Neteller, paytm, Skrill, UnionPay,  USDT
 
 

Leverage: 1:20 | 1:500
Regulation:  CySEC, FCA, DFSA, FSCA, FSA.
Min. Deposit: 50 US$
Min. Withdraw : 50 US$
HQ: Australia, Cyprus, and the UK.
Platforms: MT4, cTrader, web trading
EAs/Robots: ✅ Yes | News Trading: ✅ Yes | Scalping: ✅ Yes
Cryptocurrencies: 20+) Bitcoin, Litecoin, Ethereum
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, Crypto. USDT

 
 

Leverage: 1:20 | 1:500
Regulation: CySEC, FCA, DFSA, FSCA, FSA.
Min. Deposit: 100 US$
Min. Withdraw : 100 US$
HQ: Cyprus, the UK, Australia, and the United States.
Platforms: MT4, cTrader, web trading
EAs/Robots: ✅ Yes | News Trading: ✅ Yes | Scalping: ✅ Yes
Cryptocurrencies: 20+) Bitcoin, Litecoin, Ethereum
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, Crypto. USDT

 
 

Leverage: 1:20 | 1:500
Regulation:  CySEC, FCA, DFSA, FSCA, FSA.
Min. Deposit: 50 US$
Min. Withdraw : 50 US$
HQ: Australia, Cyprus, and the UK.
Platforms: MT4, cTrader, web trading
EAs/Robots: ✅ Yes | News Trading: ✅ Yes | Scalping: ✅ Yes
Cryptocurrencies: 20+) Bitcoin, Litecoin, Ethereum
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, Crypto. USDT

Min. Deposit: 50 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader, Web Trader
Regulation:  CySEC #278/15,  Labuan FSA #MB/18/0028,  FSA-S #SD 008,  FSCA #FSP 49464,  FCA #717270
Year Founded : 2010
Cryptocurrencies: ✅ Yes
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, WM, PM, Crypto, USDT
Most Visited Forex Brokers
5/5

Forex trading is a popular financial activity that involves buying and selling currencies to profit from the fluctuations in exchange rates. As with any financial activity, it is essential to choose a reputable and regulated broker to ensure the safety of your funds and a fair trading environment. In this article, we will discuss some of the top regulated forex broker houses.

Some Reliable & Popular Online Trading Deposit Payment Methods
5/5

Online forex trading payment methods refer to the various payment options available for forex traders to deposit or withdraw funds from their trading accounts. In the world of forex trading, payment methods play a vital role in facilitating smooth transactions, and it is important to choose a secure and reliable payment method that suits your needs.

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Risk Warning: Trading on financial markets carries risks. Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and take into account your investment objectives and level of experience.
Disclaimer : Forexbd.ltd is not encouraging anyone to do forex/stock trading, as there are investments and financial risks involved. ForexBD channel or videos are educational and informative. Before deciding to invest in the forex market, you should carefully consider your investment objectives, level of experience, and risk appetite.

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