HotForex Broker Review

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* Not valid for EU traders, T&Cs apply

Stop your searches for a new website to join and continue your exciting and profitable Forex trading activity! We have a brand new suggestion for you – the HotForex platform. It is renewable and famous enough to impress us. We have checked the website and as a result of this, we are ready with our detailed, but brief and helpful HotForex review. Read it and take the website under consideration, because it really worth it to be visited and checked out. So if you are in a mood for something new and fresh, try with the HotForex!

HotForex Overview and Specifications to Consider

HotForex is mostly popular for being voted as the Best Online Broker for Asia in 2012 year. The nomination came from the famous World Finance and to tell you the truth, this Forex platform, indeed, deserves it. HotForex broker is located and officially registered in Mauritius. The website is claimed to be quite trustworthy since the safety for the customer`s personal data and money is guaranteed by the regulation measures, provided by Financial Services Commission (FSC). Just like most of today`s popular Forex brokers, HotForex has an additional double protection and regulation arrangement by EU, too. In general, the company works under the motto “Honesty, Openness and Transparency” and as you probably guess, these three features are usually the ones that every trader looks for. On the other side, HotForex has good customer support services. Thousands of employees work 24/7 and at multiple languages to provide the necessary assistance to the audience, when it comes to solving problems, dealing with inquires, answering questions or providing particular additional information that is not mentioned in the terms and conditions.

HotForex has traditional ways of communication – emails, telephone numbers for urgent calls, online form – as well as the brand new live chat. The currencies that are allowed for opening an account, making deposits and applying for withdrawals are only EUR and USD. The minimum deposit for beginning the trading experience in HotForex is 50 $. The leverage on this Forex broker website is 1000:1 and the payment methods are credit and debit card, bank transfer, Cashu, Neteller, WebMoney, Ukash, PerfectMoney and Liberty Reserve. The low spreads here start from 0.2 pips and there are up to 40 different currency pairs you can trade with. In addition to these, HotForex broker provides numerous trading instruments, as well as options for trading with stocks, commodities, goods and precious metals. There are also several alternatives for opening an account on HotForex website – standard, premium, VIP, micro, Fix and Islamic.

HotForex Bonus System and Types

What HotForex broker can boast with is definitely the bonus system. Once you join the website you will see how attractive and profitable it is. However, why don’t you take a look at the bonus types that are offered on HotForex website in advance? Check out them now!

  • No Deposit Bonus – The best Forex bonus in general – the no deposit bonus – is available on HotForex website. Here, it is 30 $ and all the new customers can freely take benefit of it. The only condition is not to have an account or a registration on the website. We remind you that this bonus is provided for you with no extra conditions or commitments. You just receive the money and can trade with it without any risk. Thus, you can test the platform without investing anything and meanwhile to win a lot without risking your personal finances.
  • SuperCharged Bonus – The 100% Rebate Credit Bonus is an instant two-tier scheme, which gives you a chance to increase your account leverage and earn a lot of cash rebates on your trading activity. The minimum deposit is just USD 250 and you can get bonuses of up to USD 50,000! You can earn up to 2 $ daily per lot directly from your account!
  • Rescue Bonus – The 30% Rescue Bonus is made specially for for traders, who want to protect accounts from periods of drawdown. The special offer can be lost without limitations and also used as margin.
  • Credit Bonus – The 100% Credit Bonus is gives you a chance to increase the trading volume of your personal e-wallet in your account. Mostly, there are no limitations for withdrawing this bonus, but better read the terms and conditions for it in advance!
  • Refer a friend – The program that allows you invite a friend and earn some extra money is available on HotForex broker, too. When you do this, do not forget to notify the website customer support representatives with an email for the action in order to be rewarded instantly!
  • Special loyal customer and VIP bonuses – All of these bonuses vary, so make sure you read their programs before applying for them. Note that the VIP bonuses are usually constant for you as options, so it is worth to consider whether to sign in with a VIP, but not with an ordinary or any other type of account.

HotForex offers following account types:

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.

HotForex Software Type Information

Our Recommended Forex Brokers

Broker Min Deposit Bonus Rating More
$ N/A ★★★★★

*Trading bonus are not eligible for clients registered under Trading Point of Financial Instruments Pty Ltd< and Trading Point of Financial Instruments Ltd

We are happy to announce you that HotForex provides you with no restrictions, when it comes to a proper platform. The thing is that the broker offers to the audience not a single, but several software types. Bear in mind that some of these platforms are specially designed for your mobile Forex activity. If you have not tested it yet, probably HotForex is your best shot to do so. With the mobile option you become more flexible and able to trade all the time and from any place you are. And HotForex software opportunities are MetaTrader 4, HotForex MT4, HotForex WebTrader, Smartphone Mobile Trading, HotForex iPhone Trader, HotForex iPad Trader, HotForex Droid and Blackberry trader.

Why Choosing HotForex Broker?

There are numerous of reasons why to choose not any other, but HotForex platform. Though, here are the most significant ones:

  • Opportunity to trade with small volume
  • Good customer support and strong regulation
  • Interesting bonus system
  • Extra high leverage
  • Low spreads and minimum deposit amount

Do not waste even more time, but make a registration in HotForex website right away! Last, but not least, inform us about your personal impressions by the broker, too!