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HotForex Reviews HotForexDiscussion
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| CONTACT NOW » | OPEN DEMO ACCOUNT » | OPEN LIVE ACCOUNT » | |
| International offices | UK |
| Broker Type | ECN/STP • DMA/STP |
| Broker Status | Independent Broker |
| Accept U.S Clients |  |
| Live Chat |  |
| Phone | +44-2033185978 |
| Fax | +44-2033188569 |
| support@hotforex.com | |
| Website Languages | English, Arabic, Italian, Turkish, French, Portuguese, Russian, Spanish, Greek, Chinese, Indonesian, Thai, Bulgarian, Georgian, Malay, Japanese |
Account Information
| Free Demo Account | |
| Min. Deposit | $5 |
| ECN account | $500 |
| Account Currencies | USD • EUR |
| Maximum Leverage | 1000:1 |
| Minimal Order Volume | 0.01 |
| Segregated accounts | |
| Swap-free Accounts | (Muslim only) |
| MAM/PAMM accounts | PAMM , MAM |
| Managed account | |
| Interest on margin | |
| Deposit/ Withdraw Options | WebMoney • Liberty Reserve • Skrill (Moneybookers) • Neteller • Perfect Money • CashU • Bank Transfer . Debit/Credit Card |
Trading Terms
| Trading Platforms |
|
| Precision pricing | 5 digits |
| Type of Spread | Floating |
| Commission | no – Mini & Standard account yes – ECN account |
| Lowest spread on EURUSD | 0.6 |
| Scalping | |
| Hedging | |
| Expert Advisors | |
| One-click execution | |
| OCO orders | |
| Mobile Trading | |
| Web Trading | |
| Gold, Silver | |
| CFDs | |
| Other Trading Instruments | Commodities • Energies • Indices • Shares |
| Promotion | |
| Trading Contests | |
What’s new
June 18, 2013:
- added CySEC license and updated lowest spread on E/U = 0.6
Quick and helpful customer service but they prefer call me rather than live chat and that is what I don’t like. Anyway, I feel comfortable when trading with them.
I have not seen any problem with hotforex since I started trading with them, everything seems to work just fine in addition they recently started to promote their new products heavily and its all good for me and also newbies every body can make some extra money and trade with it thanks to their demo contest, referral program and bullseye prediction competition ! this summer is really hot with hotforex, I at the end want to let everyone know that their customer support is respectable and so friendly.
I joined hotforex only two months ago. This broker seems more professional than my previous one. I cannot say anything about withdrawals because I haven’t tried to withdraw my money yet, but I could deposit without any delays. If to speak about trading conditions, I can say that spreads are good, execution is fast. And I like that they have got competitions with good prizes and I have got that info that they got listed by Gbot and they are among the top 21 brokers in the world, I dont really know about this but its really great if it turned out to be true.
A very honest broker, I like trading with them and they are easy to deal with, no problems what so ever and it makes earning extra easy.
really good broker, I swing trade and so far everything goes according to plan. execution is good withdrawals are fast compared to other brokers. I really like them.
These bucket shop liars, thieves and beasts will lure you with their 50-100% BONUS Schemes: they are nothing more than bait for the unsuspecting. I have read that they are NOT licensed with the FSC in Mauritius as they falsely state. Furthermore, the FSC don’t even reply to emails sent to file a complaint against SNOTForex!!
I traded very successfully through SNOTForex for a few days, increasing my account from under 9000 EUR (including their Bonus Scheme) to over 42,000 EUR. THat’s when the sabotage began. It ended with them breaking their 20% margin stop out safety terms and STEALING THE ENTIRE AMOUNT.
GOD DAMN THEM EVERYONE!!
I also read that another man had $200,000 stolen by them.
BEWARE AND TELL EVERYONE YOU KNOW. Oh, and CURSE them to Hell.
This are mauritius based company, beware people…hotforex are known for manipulating trade even close your acc. Scammed alot of people already. FSC is not like cftc or others. They are not strict regulating laws. Beware. Scam alert!
Yeah i ve experience with them. All good review about them is lies. its vote by their own representative. Im filling in the progress filling a lawsuit against them. Dont trust good review about them, they vote themselves. Stay away. Be warned.
Thank you TradeZone and Octane for posting your facts here.
I would like to be part of this lawsuit Octane. Contact me through Trade2Win.com http://www.trade2win.com/boards/members/454778-diggeroftruth.html.
Continue to expose the bound-for-Hell bucket shop thieves like STINKForex (ThinkForex.com) and SNOTForex (HotForex)!!
I decide to trade with hotforex after hearing about some good feedbacks from traders I know personally, I decided to transfer with them 2 months ago, so far I am trading a premium account on a 1:300 leverage, no bonuses acquired. Execution is very stable, I scalp the NY session, suitable for scalping the M15 and M30, but I do swings mostly, I only made one withdrawal and it was within the given frame, I have no complaints what so ever.
Regards
Nick A