HotForex Review 2021

Overall rating

Overall rating

5.6

/10

HotForex Review 2021

September 2020
Analysis of the Main Features of the Forex Broker

5.6

Overall rating

6.1

/10

Execution of orders

4.8

/10

Investment instruments

7.1

/10

Withdrawal speed

5

/10

Customer Support work

5

/10

Variety of instruments

5.8

/10

Trading platform

42

Position
in rating

5.6

/10

Overall rating

Trading terminals:

MT4 MobileTrading
MultiTerminal WebTrader
42

Position in rating

5.6/10
Overall rating

Trading terminals:

MT4 MobileTrading
MultiTerminal WebTrader

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of HotForex Trading Company

“HotForex” — is one of the leading online-brokers. This company offers the traders with the different level of skills to try new technologies for trading in the exchange market. Together with “HotForex” all traders get the access to the interbank bids with the help of the popular trading systems.

Attention!

We work exclusively with the accounts opened through Traders Union.

HotForex Latest Comments 2021

0
0
0

The reviews by customers of the HotForex indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of HotForex published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

No entries yet.

Analysis of the Main Features of the Forex Broker

5.6

Overall rating

6.1

/10

Execution of orders

4.8

/10

Investment instruments

7.1

/10

Withdrawal speed

5

/10

Customer Support work

5

/10

Variety of instruments

5.8

/10

Trading platform

Trading Conditions for HotForex Users

Micro — 50 US dollars, Premium, FIX, Currenex — 500 US dollars, VIP — 40 000 US dollars.

Minimum
deposit

Micro — 1:1000, Premium, FIX, Currenex — 1:400, VIP — 1:300.

Leverage

MT4 MobileTrading
MultiTerminal WebTrader
Trading platform: HOTFOREX MULTITERMINAL / MT4, METATRADER 4 WEBTERMINAL, HOTFOREX IPHONE/IPAD/ANDROID TRADER, SMARTPHONE FOREX TRADING.
Accounts: Micro, Premium, Zero, Currenex, Fixed, VIP, Auto.
Account currency: EUR, USD.
Replenishment / Withdrawal: Bank cards / transfer, iDeal, Trust Pay, Sofort, WebMoney, Skrill, Przelewy24, Neteller.
Minimum deposit: Micro — 50 US dollars, Premium, FIX, Currenex — 500 US dollars, VIP — 40 000 US dollars.
Leverage: Micro — 1:1000, Premium, FIX, Currenex — 1:400, VIP — 1:300.
PAMM-accounts: No
Min Order: n/a
Spread: From 0.4 p.
Instruments: Forex currencies, Indices, Raw commodities, Stock futures, Binary options.
Margin call/Stop Out: 40% / 10%
Liquidity provider: n/a
Mobile trading: Yes
Affiliate program: Yes
Orders execution: Market Execution
Trading features: n/a
Contests and bonuses: No

Comparison of HotForex with other Brokers

HotForex FxPro XM Group Admiral Markets UK AvaTrade
Trading
platform
MT4, MobileTrading, MultiTerminal MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option
Min deposit $50 $100 $5 $200 $100
Leverage From 1:400
to 1:1000
From 1:1
to 1:500
From 1:1
to 1:888
From 1:25
to 1:500
From 1:200
to 1:400
Trust management No No No No No
Accrual of % on the balance No No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points
Level of margin call
/ stop out
40%  /  10% 25%  /  20% 50%  /  20% 100%  /  30% 25%  /  10%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution
No deposit bonus No No $30 No No
Cent accounts No No Yes No Yes

Broker comparison table of trading instruments

HotForex FxPro XM Group Admiral Markets UK AvaTrade
Forex Yes Yes Yes Yes Yes
Metalls No Yes Yes Yes Yes
Crypto No No No Yes Yes
CFD No Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes
Stock Yes No Yes Yes Yes
ETF No Yes No Yes Yes
Options Yes Yes No No Yes

Contacts

Registration address Spyrou Kyprianou 50, Irida 3 Tower 10th Floor, Larnaca 6057, Cyprus.
Official site
Contacts

Tags:

hotforex hot forex hot-forex хот forex hotforex.com

The Oldest Reviews of the HotForex

The reviews by customers of the HotForex indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of HotForex published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

No entries yet.

Latest Forex Articles that may help you

Top 5 US Forex Brokers in 2020
For Beginners
Top 5 US Forex Brokers in 2020
Jack Moore - July 2020
What is Forex Trading? Your Guide to Start Earning
For Beginners
What is Forex Trading? Your Guide to Start Earning
John Mayer - August 2020
Best European Forex Brokers in 2020
For Beginners
Best European Forex Brokers in 2020
John Mayer - October 2020
Benefits of Working with the Traders Union
For Beginners
Benefits of Working with the Traders Union
Alexey Vrask - June 2020
5 Tips for Forex Trading Success
For Beginners
5 Tips for Forex Trading Success
Samuel Adamson - Jule 2020
How to Invest in Forex? A Beginner's Guide
For Beginners
How to Invest in Forex? A Beginner's Guide
Grant Adlington - August 2020
How to Open a Forex Demo Account for Free?
For Beginners
How to Open a Forex Demo Account for Free?
Grant Adlington - July 2020
How Much Does the Average Day Trader Make?
For Beginners
How Much Does the Average Day Trader Make?
David Butler - Jule 2020
Step-by-Step Guide on How to Open a Forex Account
For Beginners
Step-by-Step Guide on How to Open a Forex Account
John Mayer - September 2020
Forex Risks Investors Should Consider
For Beginners
Forex Risks Investors Should Consider
Daniel White - July 2020
Forex License Types - Best Forex Regulators
For Beginners
Forex License Types - Best Forex Regulators
Jack Moore - July 2020
Why Trade Forex: The Pros and Cons of Forex Trading
For Beginners
Why Trade Forex: The Pros and Cons of Forex Trading
Grant Adlington - August 2020
Best Investment Brokers in 2020
For Beginners
Best Investment Brokers in 2020
Grant Adlington - September 2020
PAMM Account Brokers in Forex 2020
For Beginners
PAMM Account Brokers in Forex 2020
Flynn Simpson - August 2020

FAQs

Do reviews by traders influence the HotForex rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about HotForex you need to go to the broker's profile.

How to leave a review about HotForex on the Traders Union website?

To leave a review about HotForex, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about HotForex on a non-Traders Union client?

Anyone can leave feedback about HotForex on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with HotForex through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.