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Good broker so far, really good

Signed up their micro account with small amount. Traded gold between 1197 to 1280. Nice profit and i got my first profit withdraw last week. All is fine in my opinion though i am not a full time trader but this broker is good so far.

Salma 2019-01-05

HotForex is a good broker for novice forex traders to start their careers: it lets you open an account with as little as $5 and actually trade with this money thanks to the maximum allowed leverage of 1:1000 and the minimum contract size of one micro lot. 

 
Another perk for newbies and for existing traders is that they can take advantage of a 50% deposit bonus and a 15% rescue bonus that is designed to protect accounts from drawdown periods. 
 
Along with bonuses, the broker also runs quite a few promotions: a lottery, where every week one lucky participant wins $1,000; a raffle for branded HotForex merchandise; a demo contest with a prize pool of $3,500 per month; and a Refer-A-Friend promotion, which rewards you with up to $200 for every friend you invite. 
 
HotForex customers can apply for the broker's debit card and get it for free if they make a deposit of $500 or more (alternatively, they can simply pay the $20 issuing fee for the card). Once the card is issued, traders can use it for POS payments or ATM withdrawals. 
 
The platform you will find at HotForex is the industry's most popular Metatrader 4 (MT4), and social trading is available through the Zulutrade network. The services of Tradesignal.com are also available, absolutely free of charge, to traders who have live accounts with the broker. 
 
In terms of trading strategies, HotForex is quite flexible and allows the use of expert advisor (EAs), scalping and hedging. Technical analysis traders will be happy to find a nice set of analysis tools available, the latest addition being the Trading Central software, offered for free to clients with $500 or more in their accounts. 
 
Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
Cyprus, UK, Belize CySec, FCA, IFSC MT4, MT5, Web $10 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
Australia ASIC MT4, MT5 $100 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

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