HotForexHotForex is a STP broker, which was founded in 2010. The broker is regulated in the European Union by the Cyprus Securities and Exchange Commission (CySEC) and registered in Saint Vincent and the Grenadines by the Financial Services Authority (FSA). HotForex offers a large selection of trading accounts, clients can choose between many types of live accounts, which are: Micro, Premium, Zero, Fixed, VIP, Auto, PAMM and Islamic. Forex trading can be started on Micro account with as low deposit as $5. The broker provides Fixed accounts with fixed spreads, which are suitable for beginners and Zero accounts with raw spreads without markup. HotForex offers a number of promotions including demo and live competitions with attractive prizes and high deposit bonuses.

HotForex Broker – Safety of Funds

- HF Markets (SV) Ltd is registered and authorised in St. Vincent & the Grenadines by the Financial Services Authority (FSA);
-  HF Markets (Europe) Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC);
-  broker funds are segregated from clients funds;
-  HotForex ensures negative balance protection.

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orders execution
overall costs
Rating: 5.0/5 (15 votes cast)

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Basic info­rma­tion about HotForex

Web­sitewebsite HotForex www.­hotfo­rex.­com,
Coun­tries St. Vincent and the Grenadines, Cypr Cyprus
Re­gula­tion CySEC (Cyprus)
Registrations: FSA (St. Vincent and the Grenadines)
Scalp­ing yes
He­dg­ing yes
Depo­sit and with­drawal meth­odsBank Wire Transfer, Credit Card, Web­Money, Skrill (Money­bookers), Neteller, iDeal, Sofort, Przelewy24, TrustPay, Western Union
Web­site lang­ua­gesEnglish, Arabic, Bengali, Bulgarian, Chinese, Chinese (Taiwan), Czech, Filipino, French, German, Greek, Hungarian, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Romanian, Russian, Slovak, Spanish, Thai, Vietnamese
No services Canada, Belgium, North Korea, Sudan, Syria, USA
Isla­mic Acco­unt
(Swap Free Acco­unt)
yes (from $150)
Demo acco­unt yes (30 days)

HotForex - popular account types

$20 000
0.01 lot
0.01 lot
0.01 lot
0.1 lot
MT4, Webtrader, mobile platforms
HotForex Merchandise more
Free Account Funding
HotForex MasterCard
curre­ncy pairs
gold and sil­ver
yes (36)
yes (11)
gold go­ld
silver sil­ver
oil oil
Majors: 4$/lot
($8 round turn)
Others: 6$/lot
($12 round turn)
($6 round turn)

HotForex - types of live accounts

Account Name
Minimal deposit
Account with a low starting deposit for beginners and less experienced clients.spreads: from 1
commission:   -
Account for more advanced traders with trading conditions similar to Micro accounts.spreads: from 1
commission:   -
The idea of the account is to provide spreads as low as possible – typical spread on EUR/USD is 0.1 pips.spreads: from 0.0
commission:   $4-$5/lot ($8-$12 round-turn)
'Fixed' account is designed for customers who prefer trading with fixed spreads.spreads: from 1.8
commission:   -
$20 000
VIP account has attractive trading conditions, and offers Personal
Account Manager, One-to-One Consultations and more extras.
spreads: from 0.0
commission:   $3/lot ($6 round-turn)
Account which allows investors to automatically copy trading signals.spreads: from 1
commission:   -
Islamic account is the account without SWAPs. Trading conditions are similar to Micro and Premium accounts.spreads: from 1
commission:   -

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  1. I noticed this broker has a good bunch of bonuses in offering however did anyone availed any of them as yet! I am trading with this broker for some time now. All is good however i usually avoid bonuses because i had heard that most of the times bonuses comes up with many terms and conditions.

  2. very satisfying, made a 750 usd withdrawal 2 days ago and got it the next day, beats my old broker that gave me lots of headaches, well done hotforex. very good.

  3. Hotforex is a really good broker. I started with a Premium account for years.

    The execution and spread are very suitable with my trading type. CS is also fast and dedicated, if you have any problem, you would have it resolved withint 10-15 mins.

  4. Easy to start trading with this broker. I only started with 150 usd which is the only deposit i made with this broker and since i had withdrawal a lot more than this. They have good execution and the team is very helpful to come up with the ready solutions of the queries that i might have, they are recommended.

  5. My friends are trading crypto – currencies and they had recommended this broker to me. As per them it has all of the assets including these digital assets for trading. Can anyone please share their feedback about this broker?

  6. Recently recovered funds from a scam broker. I had to hire a professional to help me get my money back. Happy to share my experience.

  7. Very good, I have an account for 3 years now and its doing well. even with changing times the brokers manages to stay up to date with updates and is doing really good.

  8. In last summer, I started with small account which have now been grown up in thousands and i can honestly say that this wasn’t possible without these guys because they have an excellent execution. I trade usually around london session which is i guess the most volatile time.

  9. Broker is good, the platform very stable and easy to use, I trade hotforex for 2 years and always get my money in time. very good broker

  10. I have been with Hot forex for over 2 years
    and I have to say that the customer service and the speed of the customer service is unbelievably quick,I am happy to trade with them and would recommend them to anybody who is looking for a good broker.
    Keep up the great work Hot Forex and thanx alot

  11. Trading environment at this broker is convenient so far, i started in December last year. Lowest spreads and reasonable leverage is quite helpful in earning money through trading major pairs. I had made few withdrawals which were also processed on time without any hassles.

  12. I had a trading account for the last one year and i have noticed that they have improved more since i started. The withdrawal process is easy and payments are transferred hassle free. The overall services are good so far.

  13. the broker is very decent, over all they have been executing their services accordingly, only to show this broker means business.

  14. So far its good option for earning online money however i am still able to withdraw only two profit payments in the last two months. The customer support team is really helpful and the trading software is also user friendly. No complaints so i really recommend this broker.

  15. Good trade execution with decent spreads and smooth withdrawals, recommended broker as the trading is safe with this broker.

  16. Good broker, No-requotes, fast withdrawal. Fast email response

    Spread is superb with majors and average with exotic ones. I hope they can improve on that.

    Keep up the good work!

  17. Besides my teaching job i usually spend my free time trading forex online with this broker since one and a half year and i am glad that i am making extra income by spending my free time in buying / selling currency pairs. They have allowed me good leverage and the spreads are low which ensures that i can buy more with low costs, 100% less risks and high profit ratio. The withdrawals are always on time and i am sure that they are going great with a nice professional team.

  18. I had started in April 16 and my initial investment was very small. In the past month I managed to make some good profits through trading popular pairs. I do recommend giving them try as they are very good in terms of withdrawals, services etc.

  19. I have a trading account with them for more than three months now and I have made few withdrawals too. So far everything seems to fine as of now. I will keep updating here about my trading experience with these guys.

  20. very good broker, with excellent service i have been trading live since feb 2016 and made two profit withdrawals with no problem, i am happy with the service.

  21. Its been six months now since I am trading with hotforex and I haven’t found anything odd to complain about. The execution of orders is good with competitive spreads and I already made a couple of withdrawals with no problems at all.

  22. I loosed money due to hotforex server sudden disconnection. hotforex do not compensate and not response sicereley There is no place to complain. They can do whatever they want after deposit money.
    I’ve been scammed by Hotforex. Everything is ok until you want to withdrawal money ! They canceled all my profits
    don’t waste your time and money !

  23. Bucketshop!! SCAM!!
    Bad customer service ever i had seen.Poor english .Requotes, common errors, context busy.. until you lose all trades. If you ever win, you are simply disabled. Very bad support, i will never use Hotforex ever again. Be aware.

  24. It is almost three weeks that I have open an account with hotforex the orders does not get filed and you can wait minutes to get filled. Trailing stop works at its own pleasure, when you asked them they say they never received the order to modify or internet connection, but I does run the same trade with others non of them happened. Called for customer support and they do call you back, but quite non of them knows anything about the platform itself and ask you to read the manual.

  25. The Hotforex has the most bad customer support I ever seen .I was try to get my account verefied .I did upload my documents but they say I need to submit the other side of my Id card and I did and the utility bill should be clear also I did and later I did not get any response

  26. Hi, I have a live account with HOTFOREX and I encounter a few issues with them:They DON’T have liquidity (when you need it the most)Margin cut over the weekend Terrible costumer services All I can say is that they are not so good …….

  27. i am currently trading with….. seems better…..i ll like to tell every body..that pls don be victim to attractive offers..first kindly find that broker must be well regulated and have good history…many of the brokers are usually scams…i like hotforex until…..let me trade fur ther….depositing is reallyu very easy n faster…i ll tell ufurther after withdrawing some profits….cuyrrently i recommend hotforex

  28. Mam u nich konto od kilku miesięcy. działa dobrze. Wykresy dobrze się rysują. Nie mam dziwnych sytuacji, jakie miałem w ironie

    • Translation: I have an account with them for several months. works well. Graphs are drawn well. I do not have strange situations like I had in iron.


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