Hot forex reviews

Hot forex reviews

By: Sagon Date of post: 30.05.2017

Registered and located in Mauritius, Hotforex. The company thrives on Honesty, Openness and Transparency. Although Hotforex was established in , this broker was a relatively unknown entity until fairly recently.

Registered in the Republic of Mauritius as HF Markets Ltd with the Licence C at Ebene House, 3rd floor, 33 Cybercity,Ebene, Mauritius, Hotforex is regulated by the Financial Services Commission. Comparatively, Hotforex is a small outfit but this broker has so far managed to gain a wide following among those in the retail forex arena.

Nevertheless, there are those who feel uncomfortable dealing with brokers located in a tax haven country like the Republic of Mauritius. This is due to the misconception that tax haven countries offers poor regulatory oversight over companies under their jurisdiction. For many who are new to investing in the forex market, these newbies hold a strong belief that ones money is never safe unless one invests in a well-developed market like the U.

S or developed economies of Europe.

HotForex Review

S is still the country which holds the world record for large scale financial improprieties. The main reason for this is because of the fact that countries like the Republic of Mauritius are trying to attract foreign capital to boost their economy.

Hence, if tax haven countries are lax with their regulatory oversight, their economy as a whole will definitely suffer. Viewed from this perspective, it is not surprising to find that the Financial Services Commission of Mauritius can be more vigilant and strict than the regulatory authorities in the U. We only have to ask ourselves why even the current U.

S republican presidential candidate Mitt Romney is rumoured to park some of his money in the Cayman Islands, another notable offshore tax haven.

Operating since , Hotforex suffers from no adverse feedback about their operation. In fact, many reports about Hotforex have been quite positive, especially the point that the broker pay close attention to the needs of the small retail trader. This is definitely a value that many big businesses seem to have lost nowadays. Hotforex have managed to prove the point that bigger is not necessarily better. 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. 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:. As mentioned above, Hotforex also provide support for traders who want to trade on the go. Most of the popular mobile devices are supported.

Committed to giving the best to their clients, traders have the choice of 5 different types of trading accounts. With respect to the spreads charged by Hotforex, this will depend on the type of trading account as well as the volume traded. For VIP and Currenex account holders, the spread starts from 0. The spread for the other types of trading accounts start from 1 pips. Considering what has been offered by Hotforex, it is difficult to find fault with them.

Established since , Hotforex have been gaining popularity among many retail traders. While most brokers will try to concentrate on the big traders, Hotforex have not neglected the small trader. This is evident in features of their micro trading account.

It is no wonder that Hotforex managed to capture an award from World Finance for I am trading in my part time and have account with this broker. I also have small investments in PAMM accounts offered by this broker.

The overall services are good.

HotForex Review for - Pros, Cons and Bonuses

The spreads are decent and in my opinion they are quite lower as compared to other brokers. I recommend opening account with them as they are fair in dealing. The platform is easy to handle with no re-quotes. Overall experience is good, platform is easier, lowest spreads and withdrawals are processed on time.

I would rate them excellent for this time however I think i should update this after three months. So far they are doing great and I have no issues with them.

I have been using HotForex for more than 4 years now. Excellent customer service and trading conditions. Almost three months of successful trading with this broker and profit withdrawals are processed with no hassle. I will rate them four for now and will consider revising my review after another three months.

Hot Forex | Forex Brokers Reviews | Forex Peace Army

Its a good broker so far and is recommended too. Hot Forex Running Unauthorised Call Centres in india.

HotForex Reviews & Ratings - Trusted & Unbiased

MOSTLY THESE CALL CENTRES ARE LOCATED IN DELHI,INDIA Hot Forex does not have any company authorised call centre in India. But there are a lot of unauthorised call centre running illegally and seeking investment in the name of Hot Forex.

hot forex reviews

I also fell prey to one of these such gangs. So, especially clients from india ,stay away from this fraud company Hot Forex.

hot forex reviews

I pretty enjoy the PAMM system since the capital required was very minimum as compared to the others.. The customer service is great, with prompt response to inquiries.. Bravo and keep up the good work.. I am now very confident with the system and cannot stop to use the PAMM as my favorite platform..

I switched to this STP broker after getting too many problems with local brokers. Hi, This is Ankit working with JDNetProfits firm in forex market, My Office is in singapore.

I opened my own account with HotForex 3 weeks before. In 3 weeks trading i withdraw my whole equity in 2 rounds. The good thing is that i got my whole equity back in just 3 days. Now the account is running on profits only. I will keep posting here so that others will come to know that how much this broker is good in the case of profit withdrawals. Once i received 2 calls from the same department at the same time. See how much caring they are..!!!

Just a small issue of credit card and resolved in a day. I will keep posting regularly here. The customer service of Hotforex has proven to be very responsive and helpful, A few minutes after I had made a deposit to top up my trading account, my equity dipped below the bonus level, because my deposit payment did not immediately show up on my account.

Consequently all my open trades were automatically stopped out, resulting in a total loss of all my funds as well as the bonus amount. I contacted the help desk and wrote an e-mail to my personal account manager explaining the situation that had occurred. And I must say they reacted in a phantastic manner and re-installed all my stopped out trades within a couple of minutes! I was overwhelmed and grateful by such an instant generous help, which saved me from a big loss.

I wonder if any other broker would have provided a similar support in such a case, and I believe such a prompt action from a customer service deserves the highest praise. In the beginning when I fill out the application they were calling me and the one who suppose my account manger was calling me all the time , but in the minute I deposited the money he did not call at even when I requested a call back.

So far they seem to live up to their motto of being honest, open and transparent. Most brokers nowadays tend to hide behind a veil of secrecy. In addition to English, they also provided support for my mother tongue, Thai. I saw that they support up to 12 different types of languages. They have mobile trading, Web based trading and MT4 Trading for more advanced tools. I like the fact that they offer a high leverage, 1: Michael Ballack has agreed on an official collaboration with HotForex, through which the German footballer offers valuable tips to traders.

The company … Continue reading HotForex: Trading Tips by Football Legend Michael Ballack. FX Empire - the company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as link result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

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Editor Review HotForex Video Review Hotforex. HotForex Reliability — Is HotForex a scam? Regulatory Framework for Brokers like Hotforex For many who are new to investing in the forex market, these newbies hold a strong belief that ones money is never safe unless one invests in a well-developed market like the U. Operational History of Hotforex Operating since , Hotforex suffers from no adverse feedback about their operation.

Trading Platforms All in all, there are 8 trading platforms to choose from at Hotforex. 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.

Hotforex Webtrader For those requiring something simpler, they can opt for the Hotforex Webtrader. 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 Mobile Trading As mentioned above, Hotforex also provide support for traders who want to trade on the go.

Types of Trading Accounts Committed to giving the best to their clients, traders have the choice of 5 different types of trading accounts. Micro Trading Account For trading small volumes with low initial deposit.

Premium Trading Account For more experienced traders with no maximum trade size. VIP Trading Account Need minimum trading volume of half a standard lot. Benefits commensurate with trading volume. Islamic Trading Account Trading based on Sharia Principles. Currenex Trading Account For experienced traders where scalping is the name of the game. Customer support is reachable through live chat, email, fax, skype and phone.

Pros To recap, the main advantages of dealing with Hotforex include: Can trade in small volume Comprehensive Customer support High Bonuses High Leverage of 1: Conclusion Established since , Hotforex have been gaining popularity among many retail traders.

HotForex Overview Company Information Broker Details Info Regulated by CySEC, FSC Headquarters Mauritius foundation Year publicly Traded No. Trading Account Options Account Type Info min. Deposit Options Cash-U, Credit Card, Liberty Reserve, Moneybookers, Neteller, PerfectMoney, Webmoney, Wire Transfer. Customer Support Languages Arabic, Chinese, Czech, English, Farsi, French, German, Greek, Hindi, Japanese, Korean, Lithuanian, Portuguese, Punjabi, Slovak, Spanish, Urdu.

Apply Now Your Capital is at Risk. The minimum deposit is just USD and you can get bonuses of up to USD 50,! If all requirements of this Trading Bonus program are met, the bonus sum placed in your account can be withdrawn without any limitations or restrictions. This Bonus can be lost without limitations and also used as margin. Add Review Add Your Broker Review. Languages More English Varun Sahoo Visit HotForex.

Bright Global FX Visit HotForex. Ah Tan Visit HotForex. Le Viet Visit HotForex. Karl Hoda Visit HotForex. Lubomir Komarov Visit HotForex.

Hotforex webtrader demo review

Sami Alrumaih Visit HotForex. Declan Hill Visit HotForex. Tom Kaur Visit HotForex. Peter Walsh Visit HotForex. Mimoun de Waardt Visit HotForex. HotForex News 2 months ago HotForex: Trading Tips by Football Legend Michael Ballack Michael Ballack has agreed on an official collaboration with HotForex, through which the German footballer offers valuable tips to traders.

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