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Hot Forex HotForex Review

Hot Forex real time & average spread

Real time spread
N/A
Average spread
For the last hour
Min spread
N/A
Max spread
N/A
Swap long: n/a
Swap short: n/a
Stop/Limit level: n/a
Hot Forex Review | HotForex.com

Headquarters:

Suite 434,
Ebène Heights,
34 Cybercity
Ebene
 
Country: Republic of Mauritius
 
Regulated by: Financial Services Commission (FSC)
Trader's rate 4
Editor's rate 3.0
4 reviews

Hot Forex Micro Account:

minimum deposit: $5

minimum lot size: 1k (micro lot)

maximum leverage: 1:500

spread: from 1 pips

 

Hot Forex Premium Account:

minimum deposit: $500 

minimum lot size: 1k (micro lot)

maximum leverage: 1:300

spread: from 1 pips

 

Hot Forex VIP Account:

minimum deposit: $40 000 

minimum lot size: 50k (0.5 lots)

maximum leverage: 1:300

spread: from 0.2 pips

commission: $6 per roundturn lot traded

 

Hot Forex Currenex Account:

minimum deposit: $500 

minimum lot size: 1k (micro lot)

maximum leverage: 1:300

spread: from 0.2 pips

commission: $10 per roundturn lot traded

 

Hot Forex Islamic Account:

minimum deposit: $500 

minimum lot size: 0.01 (micro lot)

maximum leverage: 1:300

spread: from 1 pip

suap free trading

 

Dealing:

Straight Through Processing (STP)

 

Spread:

Variable, from 1 pip  (no commision)

Variable, from 0.02 pips  ($6 or $10 commision)

 

Deposit/Withdraw

Bank Wire, Credit card,  Skrill (MoneyBookers), Liberty Reserve, WebMoney, Neteller, Perfect Money, CashU

 

Platform:

Metatrader, Web Trader, iPhone Trader, druidTrader, PAMM

 

Extra Services:

Free Signals from Tradesignals.com
MYFX platform for deposits over $2000




Latest news about Hot Forex

Spread

Pros

Cons

 

 

Slippage

Pros

Cons

 

 

Requotes

Pros

Cons

 

 

Price feed

Pros

Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

Pros

Cons

 

 

Summary

Pros

Cons

 

 

Traders` reviews for Hot Forex Add review

The Perfect Broker!

I've been through a couple of brokers before and to be honest I can safely say that hotforex is the most convinient broker among them. decent spreads and very good for scalpers, minimal slippage and improving execution, withdrawals and deposits are never an issue wih this broker I really wish they would stick around for a long time because I know i can't find another broker like them. more power.

Mike Samante 05/09/2012

Decent Broker !

I am glad to start writing few words about hotforex, they are my first broker and I think they would be the last, I have had a great experience with them as a newbie few months ago I could learn fast and trade with them without any trouble, I used to read reviews about other brokers and I thought that trading forex ain’t easy but with hotforex I never experienced any problem, and if I lost some money when I started it was because of my bad choices, just one and only one thing disturbed me from hotforex it’s a disconnection that occurred last year at the end of the year, it was short and they fixed it but it scared me for a moment any way, I found that they have got a very tight spreads and also they offer a big choice if to talk about trading platforms for mobiles and ipads, I enjoyed using the ipad app and its pretty good !

Slimane 04/26/2012

Hot Forex is one of the best Forex brokers ever!!!

Fantastic company with smooth and easy to use website/platform. have been trading with them for about 2 years, after trying many other brokers. would recommend them to all new or experienced brokers

Brand 04/24/2012

Hot Forex canceled my scalping EA profit

I deposited $178 and made around $1157 profit in 2 weeks.
While paying out time hotforex simply denied to give me any profit.
They have corrected the balance (excluded the whole account profit) by showing a fake withdrawal.

Here is the myfxbook statement
http://www.myfxbook.com/members/oliv...rexscam/255865

Please check the following snapshot
http://dl.dropbox.com/u/3526907/review/hotforx_scam.png

Hotforex has threaten me that they will block my initial deposit as well.
I was using a 100% scalping robot.
While withdrawal time they denied..

CR 03/07/2012
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