HotForex Review

HotForex

Voted by World Finance as the Best Online Broker for Asia for 2012, Hotforex.com is an upcoming broker that is making waves in the online Forex brokerage arena. Registered and located in Mauritius, Hotforex.com is a regulated by the Financial Services Commission. The company thrives on Honesty, Openness and Transparency.

Broker Name HotForex
Year of Established 2010
Country Mauritius
Regulators FSC, CySEC
Trading Platform MetaTrader4, MT4 MultiTerminal, Mobile Trading, and More
Website Language English, Chinese, German, Indonesian, Italian, Russian, French, Polish, Arabic and more
Bass Currencies USD, EUR, PLN
Minimum Deposit 5
Maximum Leverage 1:1000
Minimum Spreads 0.1 on EURUSD
Swap Free Acc Yes
Acc Funding Methods Skrill, Credit Card, Neteller, Wire Transfer, Webmoney, Others
Acc Withdrawal Methods Skrill, Credit Card, Neteller, Wire Transfer, Webmoney, Others
Type of Brokers ECN /STD
Mini Accounts Yes
VIP Accounts Yes
Segregated Acc Yes
Islamic Accounts Yes
Managed Accounts Yes
Free Demo Acc Yes
Mobile Trading Yes
Web Trading Yes
Hedging Scalping Yes
News Trading Yes
No Deposit Bonus No
Welcome Bonus Yes
Other Bonus Yes
Telephone No +44-20 33185978
Fax Number +44-2033188569
E-Mail & Skype support@hotforex.com
Address HF Markets Ltd NG Tower, 2nd Floor, Cybercity, Ebene, Mauritius

Trading Platform

All in all, there are 8 trading platforms to choose from at Hotforex.com. These include:

  • HotForex MT4
  • MT4 on Mac
  • HotForex WebTrader
  • Smartphone Mobile Trading
  • HotForex iPhone Trader
  • HotForex iPad Trader
  • HotForex Droid
  • Blackberry Trader (Coming Soon)

MetaTrader MT4

Like most heavyweight forex brokerages, Hotforex offers its clients the MetaTrader MT4 platform as the mainstay of their trading platforms. The MT4 trading platform is regarded by the industry as being extremely reliable and offers users a wide range of tools and resources for trading in the volatile Forex market. One major advantage of the MT4 trading platform is the fact that it allows users to use automated trading programs. Hotforex also provide a Mac compatible version of the MT4 trading platform for their clients.

Hotforex Webtrader

For those requiring something simpler, they can opt for the Hotforex Webtrader. This trading platform requires no software download and installation. Their main advantages are:

  • Instant Access on the Internet
  • Multi-lingual and compatible with the MT4 trading environment
  • No installation and Download required
  • Single Login details as in MT4 Account
  • Web-based charting provided

 

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