Deposit hotforex

South asian airlines are about to launch blockhain payment hotforex minimum deposit is $5 for the micro account, one of the lowest rates in the market.

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HOW MUCH IS HOTFOREX MINIMUM DEPOSIT, deposit hotforex.

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HOW MUCH IS HOTFOREX MINIMUM DEPOSIT?

It might be difficult for beginners or even experienced traders when choosing a broker to work with or to try out new strategies. To help you have an easier option in this problem, we will review one of the most famous brokers in the forex market nowadays, the hotforex broker, about some of the most important factors like hotforex regulation, hotforex minimum deposit, or hotforex spread.

About hotforex

Hotforex is a retail forex brokerage, offering attractive conditions for trading in a wide range of instruments. In order to suit the needs of traders of all preferences and levels of experience, hotforex has a strong connection with liquidity providers and offers its clients a variety of account types to choose from. They use the fundamental MT4 trading platform for their operations. Plus, if you use any operating system that allows web-based, it is also a fine option. They have a very tight spreads policy to improve the rivalry with others, in addition, you can find better leverage on the hotforex website. The assistance service is also a key part to choose this brokerage since it has a nice and abundant team to serve its customers. It is right to say that they have the strongest support service in the market. “trustworthiness, openness, and clarity” is a popular quote we usually see about this intermediary.

How much is hotforex minimum deposit?

Minimum deposit is the required amount of money that a trader has put in the account to start trading. Many traders want a low minimum deposit because they usually want to test the broker first. Some broker can require up to hundreds of dollars while some just need a few bucks.

Hotforex minimum deposit is $5 for the micro account, one of the lowest rates in the market. For other accounts, you can check right here:

For EU clients:

Min. Deposit	max. Leverage	spread
micro account	$50	1:500	1 pip
premium account	$500	1:400	1 pip
zero account	$100	1:200	0 pip
fixed account	$500	1:400	fixed
VIP account	$20,000	1:300	0.2 pip
auto account	$500	1:400	1 pip

For clients outside EU:

Min. Deposit	max. Leverage	spread
micro account	$5	1:1000	1 pip
premium account	$500	1:400	1 pip
zero account	$100	1:200	0 pip
fixed account	$500	1:400	fixed
VIP account	$20,000	1:300	0.2 pip
auto account	$500	1:400	1 pip
PAMM account	$250	1:300	1 pip

Other extraordinary characteristics of hotforex

We know the basics about hotforex, but what makes them a better choice? There are some attributes that the firm lists out for us:

Founded in 2010 in mauritius by industry professionals and around 10 years of operation.

It is registered to the cysec regulations and holds licenses from FSCA. Plus, there are also licenses from FCA, DFSA, and FSA.

Your fund is safe thanks to the segregation into a large number of accounts in various international banks.

Over 140 selections in 20 markets to do transactions such as cfds, forex pairs, energies…

An operating system that permits web-based or MT4 platform can be a tool to work with hotforex

Many accounts for traders to choose from and they have good benefits: premium, auto, micro, VIP, fix, hfcopy;

There are particular accounts that have no spread like a zero account or a “swap-free islamic” account. For HF markets clients, there is also a PAMM account.

A lot of ways to deposit your money;

Up to 27 languages are provided for clients and the client support is available at every working time.

Spreads & leverage

Like most brokers, hotforex takes a fee from the spread, which is the difference between the buy and sell price of an instrument. The spread it offers is tight and the special fixed spread account is only available for scalpers or automated traders. Leverage differs from each account hotforex provides such as 1:500 for micro, 1:300 for VIP and 1:400 for premium. However, EU traders have the highest leverage rate of 1:30.

Deposits and withdrawals

Don’t worry if you don’t know how to deposit your fund since hotforex supports all debit cards and major currency through services: neteller, fasapay, mybitwallet… same as all international brokerages, you are required to submit legally mandated information whenever you want to take your money back.

Beginner support

Hotforex supports a wide range of languages and support options for its customers. Up to 27 languages can be supported and if you have any problem, feel free to contact them whenever it occurs in trading days. Phone, email, and chat are usually used to help clients. Moreover, there are many educational posts for you to do research and study the market.

Conclusion

We must admit that hotforex deserves to be a top tier broker in the trading forex. After almost 10 years of activity, it has claimed customer’s trust thanks to many factors. There are the MT4 trading platform that suits any operating system, good trading costs, low hotforex minimum deposit, rival leverage and spreads, and significant customer support. For those reasons, we recommend you to choose hotforex to cooperate with.

Mario draghi

Hey, I’m mario draghi. I’m a writer currently resided in thailand. For my forex experience, I have been working with brokers and trading for 5 years. Hope that you'll enjoy my articles about all forex-related matters.

South asian airlines are about to launch blockhain payment

Hotforex minimum deposit – guide for beginners

Deposit is the process by which traders deposit funds into their hotforex trading accounts. When starting out to trade forex and cfds, there are many things you have to learn and be quite familiar with. These range from actual analysis (fundamental and technical) to how the trading platforms work. You should however be quite knowledgeable of the financing side of your relationship with your online broker.

You must be quite aware of the process of moving funds in and out of your broker account. Most importantly, you should have information such as the minimum deposit required to trade with such a broker. This piece takes you through the minimum deposit required for trading with hotforex.

Official website of hotforex

Facts about the hotforex minimum deposit:

The minimum deposit is $ 5

The minimum deposit is depending on the account type
- Micro account $ 5
- Premium account $ 100
- Zero spread account $ 200
- Auto account $ 200
- PAMM account $ 250
- HFCOPY $ 500 for strategy provide, $ 100 for follower

Multiple payment methods are available

(risk warning: your capital can be at risk)

How to deposit on hotforex:

There are several methods through which you can deposit funds into your hotforex trading account. The broker actually provides traders with multiple options – and this is quite commendable. With the diverse options provided, traders are free from the restrictions placed by the inaccessibility of certain payment channels in whatever countries they may reside in.

The different deposit and payment channels include:

Bank wire

Unionpay

Credit cards

Bitpay

Litecoin

Ethereum

Ripple

Fasapay

Neteller

Skrill

Vload

Webmoney

Once you created a trading account you can choose the deposit method and invest your money. We recommend verifying the trading account with the requested documents before depositing.

Introduction to hotforex

Hotforex is a globally recognized broker providing forex and CFD trading services to traders all over the world. Currently, it is reportedly present in at least 180 countries and boasts of millions of active traders on its platforms daily. These traders come from asia, africa, and europe, and increasingly, latin america. It has its headquarters in mauritius but with area offices in cyprus, johannesburg (south africa), seychelles, and st vincent and the grenadines.

Hotforex is licensed by multiple reputable regulatory bodies. For one, it is regulated by the dubai financial services authority (DFSA) as well as the highly reputable financial conduct authority (FCA), the financial sector conduct authority (FSCA) of south africa, and the financial services authority (FSA) of seychelles as a securities dealer. Then, it has a license with the financial services commission (FSC) of mauritius. The broker is also registered under the international business companies (amendment and consolidation) of st vincent and the grenadines.

Trading with hot forex

Trading with hot forex is similar to trading with other brokers to some extent. However, there are some unique features provided as well.

Markets and types trading

Hot forex primarily provides forex trading. However, it has now expanded to comprehensive derivatives trading – especially in cfds. Unfortunately, it does not allow for spreadbet trading. Markets available include cryptocurrencies, metals, stocks, indices, and of course, currencies. It offers multiple account types (up to 6, as we will see later) as well as an array of quality trading tools and indicators some of which are proprietary.

One of the most remarkable things to note about hot forex is that it enables trading via a whopping twelve (12) trading platforms. This means that traders can trade from as many platforms as they desire.

Types of accounts in hot forex and minimum deposits

Hotforex, just like most other quality brokers, offers different types of accounts for its traders. Each account type comes with its own features. Usually, what differentiates each account is the minimum deposit that is required to be deposited into the accounts.

The accounts are mainly divided into the demo account and the live account. The demo account is a free account. The live account is that which requires you to deposit funds to be able to trade. There are 5 types of accounts under the live account category. We discuss the account types and their features below:

Demo account (no minimum deposit)

A demo account is a type of trading account containing virtual money. This account is provided by a broker to traders using its platform. With a demo account, you can make trades and do almost every other thing that you do when using a live trading account. However, you cannot withdraw the funds or whatever profits you make with the account. Nevertheless, as you will see, a trading demo account is a must-have.

Uses of a demo account

Listed below are ways in which the demo account has proven invaluable:

To practice trading skills

For newbie traders, the demo trading account gives you the opportunity to put to practice whatever trading skills you might have learned. Here, you are trading real-life market situations but with fake money, without any risks coming whatsoever on your part.

To test a trading platform

Before you sign up with a particular broker and commit your capital to it, you may want to test such a broker first.

There is no better way to do so than with a demo account. With a demo account, you get to know how trading works with the broker, those instruments that you can get to trade with it, or whatever currency your trading account will be denominated in. With these, you can easily decide if the broker is worth it or not. As such, it is recommended that before you register with hot forex, you first use its demo account for some time.

To test a strategy or system

Even as an experienced trader, you will still need a demo account. From time to time, you will develop or come across new trading strategies, but you will need to test their effectiveness or profitability before you commit them to your live account. Your demo trading account gives you the best opportunity to do so without incurring any risks. Hot forex provides traders with a $100,000 demo account. This is quite commendable.

(risk warning: your capital can be at risk)

Live accounts:

There is an array of options to pick from when it comes to the live account trading with hot forex.

Micro account ($ 5 minimum deposit)

The hotforex micro account is a great option if you want to trade with slightly lower stakes. It is available to traders in cysec, SV, and FSCA areas. The leverage you are allowed on this account also depends on your area. Due to cysec regulations, 1:30 is the limit in the EU, but under SV and FSCA, this limit stretches as far as 1:1000. The trading platforms made available also depend on your location. MT4 is always available, but MT5 is only accessible to those within the range of SV or FSCA bodies.

Zero account (§ 200 minimum deposit)

Everyone with a hotforex and HF markets zero account can benefit from a variable spread that starts from 0 pips on major forex markets. This also has no mark-ups. These accounts are available under cysec, FV, FCA, DFSA, and FSCA regulations. They are known as VIP accounts under DFSA regulation though.

The competitive spread from this account type is marginally balanced by the charging of commission which is generally $6 per round turn on a single lot. These fees can also be paid in your native currency depending on location. Back to leverage where the maximum HF markets leverage in the EU stays at 1:30. This also applies to FCA regulated traders. Under DFSA you can avail of 1:50, and the big leverage is available under SV and FSCA regulation where you can get 1:500 leverage on this account type.

Again, the available trading platforms will also depend on where you are located. MT4 is available on this account type under cysec, SV, DFSA, and FSCA regulations. MT5 is added if you are under FCA in the UK.

Premium account ($ 100 minimum deposit)

The VIP account obtainable with the hotforex entity is available if you are trading under DFSA regulations and as we described above, it is very similar in nature to the zero account type. There are a few more benefits included. Direct contact with your own hotforex relationship manager is one such benefit.

To open this type of account though, you will need to deposit at least $20,000. Again, however, the variable spread starts at 0 pips and with no markups. Your only costs should be commission which is levied at $12 per round turn on a lot of 44AED per lot. Fees may be higher outside of major currency pairs. Maximum hotforex leverage for this account type is 1:500 and the only trading platform facilitated is MT4.

Hotforex premium account

Auto account

This is available under both SV and FSCA regulation and connects with MQL5 to access signals and other benefits from the community. You can access leverage of 1:500 through this account type and the platforms available once again depend on your location. MT4 is available in both areas, but MT5 and HF API are only available to SV registered traders.

Hfcopy account

The HF copy account is available to traders regulated by cysec or SV bodies and this account allows you to be a copy trader or a provider for others. The social aspect of the account, available on both hotforex and HF markets broker branches, means you can have as many as 400 followers or more if permitted on request. Through this HF copy account, you can only trade in forex, gold, and bitcoin with the leverage restricted to 1:30 under cysec, and 1:400 under SV regulation.

Conclusion on the hotforex minimum deposit

There are many things that can get complicated with dealing with and trading forex. From learning how to trade to knowing how to navigate trading platforms and depositing, the whole process is not always straightforward. The above guide should serve you well for this purpose. Overall, hotforex is a professional broker with good conditions. It is possible to trade with small and big minimum deposits.

(risk warning: your capital can be at risk)

Hotforex deposit bonus (30%, 100% & cashback)

Hereвђ™s the lowdown on how to receive and use these programs:

30% rescue program:

As the name suggests, вђ˜30% rescue programвђ™ helps to prevent the trading accounts from drawdowns. When you open a trading account with the company and apply for вђ˜the 30% rescue programвђ™ youвђ™ll receive 30% bonus for each deposit made over $50, which can be claimed up to $7000 (or its equivalent). The bonus amount is for trading purposes only and canвђ™t be withdrawn. Every withdrawal made, while under this promotion, is subject to 30% removal of the bonus amount proportionately.

100% credit bonus program:

The eligible clients who open a trading account, join вђ˜the 100% credit bonus programвђ™ and make new deposits no less than $100 will receive 100% credit bonus, which can be claimed up to $30000 (or its equivalent). Additionally, in case of several accounts, the amount goes as high as $150000. After meeting the required volume, youвђ™ll have three months to notify the company via sending an email to support@hotforex.Com otherwise the bonus will not be released and therefore annulled completely. The withdrawable bonus amount is calculated according to вђњbonus amount Г· 2 = standard lots.Вђќ for example, if you receive $120 bonus, then you need to trade 60 standard lots (12 0 Г· 2 = 60) to be able to withdraw. Please note that only trades with a three pip difference between the open and close prices will be taken into account. Internal transfers are considered as withdrawals and treated accordingly.

100% supercharged credit bonus/rebate:

you need to open a trading account with hotforex company and apply for вђ˜the100% supercharged credit bonus/rebate,вђ™ and fund your account with at least $250 to receive up to 100% bonus, which can be claimed up to $50000 or its equivalent. The bonus volume requirement is not bound by time, so take as much time as you need. The bonus amount canвђ™t be withdrawn; however, you can withdraw your profits and acquired rebates at any time. The clients have the opportunity to earn as much as $8000 (or its equivalent) rebates which are based on volumes traded on forex and gold (only closed trades apply). The rebate value is calculated based on the USD pip value of the corresponding forex product meaning 0.2 lots per completed lot traded on forex. Furthermore, for forex pairs, its 0.2 per standard lot traded round turn. The rebate on gold is $2 per qualifying round turn lot. The rebates canвђ™t be used to claim other promotional programs.

Certain conditions:

this program is offered once per client. (30%)

There are no restrictions to use the program as stop loss or margin. (30%)

The size of tradable leverage in rescue program is 1:500. (30%)

Reaching stop out limit entitles you to receive an extra 30% bonus, up to $3000, on your next deposits. (30%)

The micro, premium, islamic and FIX accounts are acceptable for вђ˜the 100% credit bonus program.Вђ™ (100%)

Every lot traded on indices, US shares, gold and oil transactions equals to 0.1; and every lot traded on UK shares equals to 1/1000 lot. (100%)

Withdrawals from the account will be subject to 100% bonus removal according to the amount. (100%)

If the account is depleted of the cash equity (zero or less), the bonus will be canceled. (100%)

The promotion is offered once per client. (100% credit/rebate)

The bonus amount only applies to FIX, premium, and islamic accounts. (100% credit/rebate)

The bonus can be utilized to enlarge the leverage amount; however, it is not to be lost. (100% credit/rebate)

The depletion of the account equity will result in cancellation of the bonus. (100% credit/rebate)

Any withdrawal (profit, rebate, or otherwise) is subject to a 1:1 reduction of the bonus. (100% credit/rebate)

Open positions for less than a minute, less than two minutes, and more than two minutes are subject to no rebate, 50% rebate, and full rebate respectively. (100% credit/rebate)

Hotforex minimum deposit guide (2021)

Trading with hotforex? You should be very well equipped if you have had a look at our hotforex review.

If you are looking to explore the broker on a deeper level though, we have created this guide especially for you.

Here you will learn more about the funding methods available with the broker as well as the hotforex minimum deposit amount that is required by the broker in every instance.

72.90% of retail CFD accounts lose money

Hotforex account base currency

The HF markets base currency is that which you can trade in through your account. Top forex brokers will usually make several base currencies available, giving you a range of choices when trading. This is also the case with HF markets.

The base currency that you will have access to depends on the area where your account is regulated. Typically within this, USD are available everywhere. Euro as a base currency is also available within europe as you would expect.

Other base currencies are available. These will depend on the area where you are located. Some examples of this are the fact that GBP is accepted if you are trading from within the UK, NGN is available for nigeria based traders, and ZAR is also accessible for those within south africa.

This represents a good degree of choice for all types of trader no matter your location around the world.

Hotforex funding and deposit methods

An especially extensive range of deposit methods are available from hotforex. These each have an associated minimum deposit which you may wish to take into account.

With that in mind, let’s take a closer look at each hotforex deposit option and the corresponding minimum deposit for hotforex:

Wire transfer

Wire transfer is a deposit method which we always expect to see, and it is indeed available again with HF markets. This method of deposit is available around the world to all traders.

There is no minimum deposit associated with this method, although as a trader you should be aware that a deposit of under $250 with the HF markets entity, and under $100 with the hotforex entity will leave you liable for a bank fee. You may also wish to check with your bank to find out if they levy any fees in this regard. The time it takes to process your deposit will depend on your bank but typically this can range between 2-5 business days.

Credit/debit cards

Credit and debit card deposits are among the most convenient for traders. Naturally, HF markets and hotforex broker branches facilitates this by offering deposit by visa, mastercard, maestro, and unionpay to all traders who require it. Debit card funding only is available under DFSA regulation, while credit card and debit card funding are available under every other regulatory type.

The hotforex broker minimum deposit that applies to this funding method is $50 and the process is completely free of any fee. It is also effectively instant in how quickly you can access the funds. This typically takes a maximum of 10 minutes.

Ewallets

Ewallets are another popular deposit method that is made available by HF markets. These are not available under DFSA regulation though they are available in europe through either neteller or skrill. The minimum deposit using these methods is $5, although under FCA and cysec regulation this minimum is increased to $50. The deposit itself should be accessible within 10 minutes.

Cryptos

You can also deposit with the hotforex entity using certain cryptos. This is available under the SV regulation using skrill, bitpay or other methods. Through these methods mentioned, the current minimum amount for funding is $5 although it can be subject to change. The funds are usually available quickly within a 10 minute period.

Other hotforex deposit methods

There are other HF markets deposit methods available which depend on where you are located in the world. These are particularly common outside the cysec and FCA area. These deposit methods usually carry no fees and are typically instant.

The following HF minimum deposits do apply though within the following areas:

Indonesia – 200,000 IDR

Malaysia – 50 MYR

Thailand – 50 THB

Vietnam – 300,000 VND

If you are trading from within south america, other local deposit methods from a number of local banks are available although fees could vary in these cases, so it would be best to check with your bank and the broker support team.

Hotforex minimum deposits

As per the other forex trading low minimum deposit brokers, having looked at the variety of ways that are available to fund your account, let’s take a more in-depth look at how the minimum deposit with HF markets is reflected on the account type you select.

This will also depend somewhat on the regulatory area where you are based because HF markets and hotforex, despite being the same broker, are 2 separate entities.

Micro account

The hotforex micro account is a great starting place for any new traders. The account allows value trading with microlots and facilitates a minimum deposit of only 5 USD (or 70 ZAR if you’re trading from south africa). An islamic micro account, where required, is offered by this entity.

Zero account

The HF markets and hotforex zero account is available under multiple regulatory bodies, cysec, SV, FCA, DFSA, and DFSA. The only small difference is that under DFSA regulation it is known as a VIP account.

This account type balances lower spreads with slightly higher commissions. The minimum deposit here is 200 USD, EUR, or GBP, and 2800 ZAR. Again, islamic accounts are available if needed.

VIP account

The VIP account is essentially very similar to the zero account with the difference being the region. This account is available under DFSA regulation and as an added bonus it does allow you contact with a HF markets relationship manager.

The hotforex minimum deposit on this account type id $20,000 or 74,000 AED. Again the islamic account is available on request.

Related guides:

Auto account

Next we have the HF markets auto account. This only offered by the hotforex broker branch, and it’s available under SV and FSCA regulation and allows for autotrading and connection with the MQL5 community to find and follow signal providers.

When it comes to the minimum funding amounts, these currently stand at 200 USD or EUR and 2800 ZAR within south africa with an islamic account available to anyone who requires.

Hfcopy account

The hfcopy account allows you to become either a copy trader or a signal provider. This account type is available under both cysec and SV rules with a minimum deposit as follows:

Signal providers should deposit a minimum of 1,000 EUR or 500 USD depending on area

While copy traders need to start with 300 EUR or 100 USD, again, depending on the branch of the broker.

FIX account

The hotforex FIX account is one that used to be available under SV regulation. This is no longer the case. It had previously offered fixed spreads with a minimum deposit of $500. Luckily though, there are many other account types to choose from.

PAMM account

The PAMM account offered by the hotforex entity is available only to premium account holders and with a hotforex minimum deposit of $250. This account is only available if you are regulated within the SV jurisdiction.

Premium account

The HF markets premium account is again available in several areas of regulation and comes with a minimum HF markets deposit of 100 EUR, USD, or GBP. In south africa, the minimum deposit amount should be 1400 ZAR while under DFSA regulation you will need to deposit 400AED.

There are many trading benefits in terms of cost and other factors that are available to premium account traders which may be unavailable to other traders. This account type can also be linked to a PAMM account as mentioned above. Islamic account options also remain available to premium account holders.

Premium pro

The last account type we will take a look at is the highest level HF markets account which boasts a lower spread than the others. This account is available under cysec, SV, FCA, DFSA, and FSCA regulation with a minimum deposit of 500 EUR, USD, or GBP (changing to 400 if you are based in the UK under FCA). With DFSA regulation 2000AED is also acceptable.

Again there are a host of benefits although commissions are a little higher. It can also be linked with a PAMM account and finally once again islamic account options are available.

Hotforex deposit bonus

The final area for us to cover may be an important one depending on your trading goals and expectations. However you should be aware of the fact that ESMA, within europe, banned deposit bonuses. Due to this stringent regulatory environment, there are no deposit bonuses or contests available under HF markets EU.

$30 no deposit bonus

HF markets typically do offer a range of bonuses to those traders located outside of cysec and FCA regulatory areas. Within these regions, it is difficult due to stringent regulatory environments.

The one which is available as a hotforex no deposit bonus is a $30 bonus. Although this amount is not immediately available for you to withdraw, you can do so once you have met some of the trading requirements. You can then withdraw any profits which you have made from this HF markets no deposit bonus.

72.90% of retail CFD accounts lose money

Hotforex's fund deposit & withdrawal options and conditions

We have summarized the conditions of available deposit and withdrawal methods.

Do you live in south africa? Then please go to hotforex ZA (south africa) main introduction page.

Hotforex accepts more than dozens of deposit methods from its traders.

The broker also issues its own co-branded mastercard which is directly connected to your MT4 trading account .

Here are the list of available deposit options and each conditions.

Deposit options
credit cards	accepted currency	minimum amount	fees	appriximate time
visa (credit/debit)	USD, EUR	$50	none	10 minutes
mastercard	USD, EUR	$50	none	10 minutes
maestro	USD, EUR	$50	none	10 minutes
american express	USD, EUR	$50	6.5%	10 minutes
HF mastercard	USD, EUR	$50	none	10 minutes
electronic payment
neteller	USD, EUR	$50	none	10 minutes
skrill (moneybookers)	USD, EUR	$50	none	10 minutes
soford banking	USD, EUR	$50	none	1 – 2 days
qiwi	USD, EUR, RUB	$50	none	10 minutes
webmoney	wmz, wmr, wme, wmu	$50	none	instantly
ideal	USD, EUR	$50	none	instantly
przelewy 24	USD, EUR	$50	none	instantly
trustpay	USD, EUR	$50	none	instantly
bank wire transfer
bank transfer	any currencies	$250	covered by hotforex	2 – 7 days

*fast transactions 24/5 during the standard trading hours.

Any fees for depositing funds?

Hotforex does not apply any deposit fees, but in case of bank transfer, it will vary both on the country you are sending funds from and the corresponding banks involved.

Withdrawal options
credit cards	accepted currency	minimum amount	fees	appriximate time
visa (credit/debit)	USD, EUR	$5	none	2 – 10 days
mastercard	USD, EUR	$5	none	2 – 10 days
maestro	USD, EUR	$5	none	2 – 10 days
american express	USD, EUR	$5	none	2 – 10 days
HF mastercard	USD, EUR	$5	none	instantly
electronic payment
neteller	USD, EUR	$5	none	instantly
skrill (moneybookers)	USD, EUR	$5	none	instantly
bank wire transfer
bank transfer	any currencies	$150	depends on banks	2 – 10 days

How to request for fund withdrawals?

In order to proceed with the withdrawal, please log in to myhotforex and select “fund withdrawal”.
*withdrawals submitted before 10:00am server time are processed on the same business day between 7:00am and 5:00pm server time.
*clients wishing to withdraw below the minimum levels presented will be required to cover all charges associated with the withdrawal request.

Is my payment information safe with hotforex?

Protection of payment and data security HF markets (europe) ltd t/a hotforex does not receive and/or store any personal credit card or payment details.

All transactions are processed and protected by level 1 PCI-DSS certified independent international payment gateways.

How to withdraw funds via other electronic payment methods?

For all incoming payments via sofort, ideal, webmoney, western union, trustpay and qiwi any subsequent withdrawals will only be actioned via wire transfer.

For the full conditions of fund withdrawals, you can find it in the below PDF.

Hotforex

Post tags

Hotforex's service condition outweighs most of the other FX brokers'. Find out why.

Do you live in south africa? Then please go to hotforex ZA (south africa) main introduction page.

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Who is hercules.Finance?

Hercules.Finance is a financial education website powered by a team of financial specialists and IT experts, mainly introduce solutions of forex, CFD and commodity investment, and a number of payment services. With more than 30 partnered companies all over the world, hercules.Finance offers trusted and timely information for investors and users of the services. By referring to hercules.Finance, you can find all latest news/information, financial technical/fundamental analysis, main/exclusive bonus promotions of partnered companies and a number of educational materials of finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.Finance.

Risk warning

Foreign exchange and contracts for difference ("cfds") are complex financial products that are traded on margin. Trading forex & cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, forex & cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of forex & cfds is not a reliable indicator of future results. All information on hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.

Hotforex bonus offerings

Earn daily CASH rebates of USD 2 per lot directly to your account

Applies to EVERY deposit of USD 250 or more

Leverage of underlying account prevails

Maximum cumulative rebates USD 8,000

Automatically triggered and calculated

Cash available for trading or withdrawal

Increases account leverage

Relaxed time limit for completing volume requirements. This encourages prudent trading.

Bonus can be withdrawn if volume requirements are met

Effectively makes the stop out level on cash balance as zero

Contact us 24/5

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Legal: HF markets (SV) ltd is incorporated in st. Vincent & the grenadines as an international business company with registration number 22747 IBC 2015.

The website is owned and operated by HF markets group of companies, which include:

HF markets (SV) ltd with registered address suite 305, griffith corporate centre, P.O. Box 1510, beachmont kingstown, st. Vincent and the grenadines.

HF markets (europe) ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.

HF markets SA (PTY) ltd with registered address katherine & west suite 18 second floor 114 west street sandton, johannesburg 2031.

HF markets (seychelles) ltd with registered address room S203A, second floor, orion complex, victoria, mahe, republic of seychelles.

HF markets fintech services ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.

HF markets ltd regulated by the financial services commission (FSC) of the republic of mauritius, category 1 global business no. C110008214 license | company reg. No. 094286/GBL.

Risk warning: trading leveraged products such as forex and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice. Please read the full risk disclosure.

Regional restrictions: HF markets (SV) ltd does not provide services to residents of the USA, canada, sudan, syria, north korea.

Looking for the best customer service in FX trading? Read our hotforex review today!

Website: www.Hotforex.Com

Phone: +357-24-400561

Office address:

Spirou kyprianou 50 irida 3 tower 10th floor,

Larnaca 6057

Cyprus

Hotforex is quite new to the forex trading market concerning the popularity and brand awareness, even though the company has been in operation since 2008. The broker has recently re-invented its customer-oriented attitude by offering an excellent customer service platform, which has enabled the company to receive a ton of awards from several recognized institutions from europe, asia, africa, and the middle east. The primary requisite for any broker to achieve recognition in the forex trading industry is to listen to their customers, which is exactly the strategy that hotforex followed to achieve immense success among global retail traders.
Hotforex is also extremely popular among introducing brokers and affiliates, and it is indeed seen as a positive approach by the company to promote its brand among lesser known markets. The company’s prime attention towards ensuring an excellent customer-service oriented brokerage service is one of the key reasons why existing hotforex clients continue to do business with the broker.
Hotforex regulation is also one of the hot topics of discussion among traders, as hotforex is one of the few brokers that have multiple regulatory statuses throughout the world. Hotforex is regulated by the st. Vincent & the grenadines regulatory authority, the cysec in cyprus, and the FSC of the republic of mauritius under the HF markets moniker. It is interesting to note that the broker has based its corporate offices in some of the highly popular tax havens in the world, which can be a bit of an issue with traders from countries such as the US and australia. US-based brokers are required to be regulated by the CFTC and be a member of the NFA to be able to offer their services to US citizens. Nevertheless, almost all the modern regulatory organizations these days are committed to the welfare of traders in general, which is a good thing, considering that the number of scams is increasing on a day-by-day basis.

What are hotforex trading account specifications?

Hotforex has covered a significant part of the financial markets by offering forex, metals, energies, indices, shares, cfds, etfs, and binary options through its different trading accounts. Hotforex certainly understands their clients’ tastes and preferences, which is why they have incorporated a multitude of trading instruments to offer a diverse product portfolio. However, when it comes to choosing an account, hotforex provides nine different types of accounts, which is a lot for the average trader. The minimum deposit required to open an account is $5, while the maximum hotforex leverage is 1:1000. In our opinion, the leverage is too high for a forex trader, but larger accounts have comparatively rational leverage to the tune of 1:400 or lesser margin. The different types of trading accounts are as follows:

EU clients:

Micro account: $50 deposit, 1:500 leverage, spreads from 1 pip

Premium account: $500 deposit, 1:400 leverage, spreads from 1 pip

Zero account: $100 deposit, 1:200 leverage, spread from 0 pip

Fixed account: $500 deposit, 1:400 leverage, fixed spread

VIP account: $20,000 deposit, 1:300 leverage, spreads from 0.2 pips

Auto account: $500 deposit, 1:400 leverage, spread from 1 pip

Non-european clients:

Micro account: $5 deposit, 1:1000 leverage, spreads from 1 pip

Premium account: $500 deposit, 1:400 leverage, spreads from 1 pip

Zero account: $100 deposit, 1:200 leverage, spread from 0 pip

Fixed account: $500 deposit, 1:400 leverage, fixed spread

VIP account: $20,000 deposit, 1:300 leverage, spreads from 0.2 pips

Auto account: $500 deposit, 1:400 leverage, spread from 1 pip

PAMM account: $250 deposit, 1:300 leverage, spread from 1 pip

European clients cannot receive bonuses and apply for the PAMM account.

The zero account, currenex account, and the VIP account options are ECN platforms that provide tight spreads along with a commission per trade. The auto and HF social accounts are social trading accounts that allow investors to copy trades from other successful traders. Hotforex has excellent trading conditions, and the only problem is that traders can be confused by the sheer number of options available, which can negatively affect the broker’s conversion ratio. On a positive note, hotforex offers an account for every type of trader, which is one of the reasons why hotforex continues to be a popular FX broker among modern traders. The hotforex spreads are also highly competitive, and the spreads starting from 1 pip for the standard accounts are acceptable.

All accounts have access to the full range of trading instruments, and can be traded using the MT4 as the standard hotforex trading platform. Meta trader is the most commonly used and highly popular trading terminal for forex traders, which has prompted hotforex to utilize several versions of the MT4 terminal across its different account offerings. The MT4 mobile apps for ios, android, and windows devices serve as the hotforex mobile trading platform, while the MT4 webtrader can be used for both desktop and mobile trading. The MT4 multiterminal can be used to manage multiple accounts, and is a useful tool for PAMM account holders or for traders who trade on multiple investor accounts.

How can I receive A hotforex bonus?

The broker offers an attractive hotforex bonus of 100% on the deposited amount either as a cash bonus or a credit bonus, which essentially doubles the equity in a trading account. Hotforex is one of the very few mainstream forex brokers that offer a bonus, and along with exceptional trading conditions, traders will find the bonus to be quite useful in trading. You can receive a bonus by just verifying your trading account, making a deposit, and by choosing your deposit bonus.
Deposits are taken care of through credit cards, bank transfers, online payment processors and e-wallets such as skrill and neteller. Traders can make instant deposits and withdrawals. However, withdrawals do take some when compared to the time required for deposits. Accepting a bonus also puts several trading conditions into play, which should be satisfied before making a withdrawal request.
Hotforex has multiple channels for customer support, including live chat, web contact form, active phone numbers, emails, and multi-lingual support. The broker has made it exceptionally clear that dedicate their service towards maintaining an excellent relationship with their traders by keeping their client’s welfare in their mind, and this is the very core principle of the company that is guaranteed to ensure the safety of the traders and keep them secure against broker issues in the highly risk financial markets.

Is hotforex a good broker?

Yes, the hotforex online broker is a very good choice for retail traders. They offer several account types to EU and international clients, are regulated by several bodies including cysec, CFTC and the FSC of mauritius, and offers attractive bonuses to traders in eligible jurisdictions.

Does hotforex have bonus?

Yes, hotforex offers clients in eligible regions a no deposit trading bonus. To claim this offer you must complete the registration process and enter the corresponding sign-up code. Terms and conditions and country restrictions apply.

What type of broker is hotforex?

Hotforex is an online STP/ECN broker which offers its clients several account types across two trading platforms. Most of the account types have STP execution policies, yet you can enjoy ECN trading opportunities by registering for a zero spread account.

What is the minimum deposit at hotforex?

The minimum deposit for an account at hotforex depends on the account type and region you are trading from. For international traders, micro accounts start at $5 deposits. For EU traders, premium accounts start at $100.

How long is hotforex withdrawal?

Hotforex withdrawal times vary depending on which payment method you choose. The broker will process your request within 48 hours, yet transaction times can take between 2-10 business days on credit cards and wire transfers. E-wallets are the fastest withdrawal method, with instant results after processing.