HOTFOREX FOREX BROKER

HotForex is an online provider of forex trading service for a good number of traders, investors, and individuals. This brokerage company functions by providing effective trading platforms, forex trading accounts and adequate trading tools for the trade of financial securities like commodities, precious metals, energies, stocks, indices, CFDs, cryptocurrencies, shares, bonds, and forex. The broker includes an auto trading platform where forex traders are executed in seconds, provides liquidity and spreads for its clients and ensure that every trading environment is equipped with successful trading tools. HotForex was established in the year 2010 and since then, the broker has kept the standard of providing traders with a well-defined customer care attention, easy payment methods and security of funds and information.

FEATURES OF HOTFOREX FOREX BROKER 

FOREX TRADING ACCOUNTS

There are a lot of trading accounts made available by HotForex to its clients. These forex trading accounts are designed to carry out trade orders effectively. The choice of a particular forex trading account is based on a trader's trading style, needs, trading strategies put in place, and initial capital. These trading accounts are equipped with trading tools, charting systems, technical indicators, platforms and all necessary trading parameter used to trade forex. Examples of HotForex trading accounts include:

FOREX TRADING ACCOUNTS

  1. MICRO ACCOUNT

This account type is designed for forex traders who trade forex on smaller volumes. Features of a HotForex micro account include:

  1. Include a MetaTrader 4, web-based trader and a mobile trader as forex trading platforms.
  2. Avails spreads from 1 pip.
  3. Provides the trade of commodities, precious metals, energies, stocks, indices, CFDs, cryptocurrencies, shares, bonds and forex as forex trading instruments.
  4. Provides a minimum deposit of fifty dollars.
  5. Highest total trade size of five standard lots in every trade position.
  6. Offers a margin call/stop out level of 80%/50%.
  7. No commission on fees attached.

 

  1. PREMIUM ACCOUNT

This trading account is made for traders with more experience. The premium account has flexible trade position sizing and its features include:

  1. Incude a MetaTrader 4, web-based trader and a mobile trader as forex trading platforms.
  2. Avails spreads from 1 pip.
  3. Provides the trade of commodities, precious metals, energies, stocks, indices, CFDs, cryptocurrencies, shares, bonds and forex as forex trading instruments.
  4. Provides a minimum deposit of five hundred dollars.
  5. Highest total trade size of sixty standard lots in every trade positions.
  6. Offers a margin call/stop out level of 80%/50%.
  7. No commission on fees attached.
  8. A maximum simultaneous open trade orders of up to 300 

 

  1. ZERO SPREAD ACCOUNT

This HotForex trading account provides a low-cost trading solution for forex traders which is suitable for both beginner and experts. Features the HotForex Zero spread trading account include:

  1. Includes a MetaTrader 4, web-based trader and a mobile trader as trading platforms.
  2. Avails spreads from 0 pip.
  3. Provides the trade commodities, precious metals, energies, stocks, indices, CFDs, cryptocurrencies, shares, bonds and forex as forex trading instruments.
  4. Provides a minimum deposit of one hundred dollars.
  5. Highest total trade size of sixty standard lots in every trade position.
  6. Offers a margin call/stop out level of 80%/50%.
  7. No commission on fees attached.
  8. A maximum simultaneous open trade orders of up to 500.
  9. Includes Limit and stop levels starting from 2 pips.  

 

 

  1. VIP TRADING ACCOUNT

This account is mostly for professional traders and its features include:

  1. Includes a MetaTrader 4, web-based trader and a mobile trader as forex trading platforms.
  2. Avails spreads from 0 pip.
  3. Provides the trade of commodities, precious metals, energies, stocks, indices, CFDs, cryptocurrencies, shares, bonds and forex as forex trading instruments.
  4. Provides a minimum deposit of twenty thousand dollars.
  5. Highest total trade size of eighty standard lots in every trade position.
  6. Offers a margin call/stop out level of 80%/50%.
  7. A maximum simultaneous open trade orders of up to 400.

FOREX TRADING PLATFORMS 

HotForex provided its clients with a wide range of forex trading platforms. These platforms are designed with advanced charting tools, real-time forex quotes, availability of forex news reports, forex trading signals and much more. The platforms are auto-based which carries out trade orders automatically based on a set of algorithms. Examples of HotForex trading platforms include HotForex Metatrader 4, Web-Based Trading Platform, HotForex Multiterminal Trading Platform, HotForex Android Trading Platform and HotForex IPhone Trader and HotForex IPad Trader.

ADVANTAGES OF HOTFOREX FOREX BROKER

  1. Provides effective customer care services for its clients.
  2. Includes a multi-lingual trading system.
  3. Provides effective trading condition to its clients.
  4. Avails educational materials in form of online tutorials, videos, and eBooks.
  5. Offers a safe and secure trading for traders and investors.
  6. Provides an effective trading services and tools for instrument trading.
  7. Offers a good number of accounts types for both expert and beginner forex traders.
  8. Highly regulated by FSC (Financial Service Commission), CySEC (Cyprus Securities and Exchange Commission), MiFID (Market in Financial Instrument Directive), ICF (Cyprus Investor Compensation Fund), and ACIIF (Association of Cyprus International Investment Firms).

 

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