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- Forex Broker
- HotForex
HotForex
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Platform
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Min deposit
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Min lot
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Spreads
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Broker Type
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Regulated
HotForex is a Forex Broker . It started opening it’s doors to clients in 2010 , establishing it’s offices in Mauritius , . HotForex (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $5.
broker1} offers accounts in: USD Account, EUR Account with variable spreads. The lowest spread offered in EuroDollar is 0.2 pips Mini account.
It’s platform (MT4 Desktop/Mobile/iOS/Android/Smartphone, Web Trader ) can be traded on Desktop|Mobile|iOS|Android|Smartphone| , it offeres a NDD trading feed. The platform is set on GMT+2 and it offers a 5 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 1000 : 1 Mini account
On it’s platforms: MT4 , Web Trader, you can set Trailing Stoploss, No OCO orders, One click trading, furthermore it offers Mobile trading, Webtrading and 44 fx pairs (11 exotic). Among the foreign exchange products you can also trade, Gold, Silver, Indices, Shares, Commodities, Energies.
broker1} (Forex Broker) is regulated by CySEC, and is a Independent broker..
For all those wondering on the payment and withdrawal method, here is a list of funding methods:
Payments:Bank Wire, Credit Card, WebMoney, Skrill, Neteller, CashU, Ukash, FasaPay
Withdrawals from your FX account:Bank Wire, Credit Card, WebMoney, Skrill, Neteller, CashU, FasaPay
HotForex - Specs
Broker
| Broker Type | STP |
| Broker Country | Mauritius |
| Regulation | CySEC |
| Indipendant Broker | Independent broker. |
| Year in Industry | 2010 |
Account
| Accept US Clients | No US clients |
| Mini account deposit | $5 |
| Standard account deposit | $100 |
| Trading account currency | USD Account, EUR Account |
| Leverage Account | 1000 : 1 Mini account |
| Minimal size lot | 0.01 lot |
| Leverage Mini account | Mini Account, Standard Account |
Payments
| Funding method | Bank Wire, Credit Card, WebMoney, Skrill, Neteller, CashU, Ukash, FasaPay |
| Withdrawal method | Bank Wire, Credit Card, WebMoney, Skrill, Neteller, CashU, FasaPay |
Costs
| Commissions | no |
| Costs & Spreads | variable |
| Costs/Lowest spreads on EURUSD | 0.2 pips Mini account |
Trading
| Premium trading | NDD trading |
| Scalping | yes |
| Hedging | |
| EAs allowed | yes |
Platform
| Trading platform type | MT4 Desktop/Mobile/iOS/Android/Smartphone, Web Trader |
| Platform time zone | GMT+2 |
| Decimal pricing | 5 digits |
| Trailing stops | Trailing Stoploss |
| OCO orders | No OCO orders |
| One click | One click trading |
| Mobile trading | |
| Webtrading |
Products
| Currency pairs | 44 fx pairs (11 exotic) |
| Exotic Pairs | Exotic Forex Pairs |
| Gold Silver | Gold, Silver |
| CFD Trading | CFD trading |
| Other instruments | Indices, Shares, Commodities, Energies |
Other
| MAM PAMM LAMM | MAM/PAMM |
| Managed Accounts | Yes |
| Swap free accounts | Yes |
| Segregated client accounts |
Promotions and Offers
| Bonuses (T&Cs apply) | Yes |
| Contests | Yes |
