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HFM (HotForex)
Save
Score
Business Scope
7.2
Trading Cost
6.1
Trading Platforms
6.1
Support
5.9
Licence Status
A A A
FCA 801701
A
DFSA F004885
A
CySEC 183/12
Authorised
Authorised
Authorised
Contact
Mario Vega
My account performs very well, the spread is okay. Decent execution, no complaints so far. But I haven't withdrawn funds in hotforex yet, I will take a while to test the withdrawal.
Laslo
In the past few months, I've traded with HotForex. They have low spreads and good trading environment. I've taken advantage of their no-depost bonus. They are helpful. You can have a try.You won't get disappointed.
Sandy
Just got my second withdrawal as scheduled. Trades can be executed without delay. Average spreads and commissions are close to the average level.
Account Type
7.2
Good
Trading Platforms
MT4,
MT5,
Webtrader,
Mobile Trading
Min Deposit
0.0 USD
Max Leverage 1 : 2000
Min Trade Volume
0.01 Lots
Margin Call Level 50%
Stop Out Level 20%
Commission
0 USD
Spread Type
Variable Spread
Account Currencies
USC
Trading Instruments
Forex/Currencies,
Gold
EA
Islamic
Deposit and Withdrawal
6.0
Average
Fast deposit & withdrawals
Features
Company and Service
7.2
Good
Features
Profile
Headquarters Address
Spirou Kyprianou 50 , Larnaca, Larnaca 6057, Cyprus
Founded 2010
Broker Type
STP
Time Zone GMT+2,GMT+3
Credit Profile No information
Trading Platforms
MT4
Mac,
Windows,
iOS,
Android,
Webtrader,
Multiterminal
MT5
Mac,
Windows,
iOS,
Android,
Webtrader
Contact
No Data
Others
Website Language
Arabic,
Bengali,
Chinese(Simplified),
Chinese(Traditional),
English,
Filipino,
French,
German,
Hindi,
Indonesian,
Italian,
Japanese,
Korean,
Malay,
Portuguese,
Russian,
Spanish,
Thai,
Urdu,
Vietnamese
Customer Service By
Phone,
Email,
Live Chat,
Facebook,
Twitter,
Instagram,
LinkedIn,
Youtube,
Telegram
Supported Language
Arabic,
Bengali,
Chinese(Simplified),
Chinese(Traditional),
English,
Filipino,
French,
German,
Hindi,
Indonesian,
Italian,
Japanese,
Korean,
Malay,
Portuguese,
Russian,
Spanish,
Thai,
Urdu,
Vietnamese
Broker News
HF Markets Announces Launch of Copy Trading Pro Account
2023-11-26
In addition to the launch of the pro account, the brokerage has also included the Japanese yen as a new base currency.
Sep 25-29, 2023 Q&A Weekly Review - What's Asked This Week?
2023-09-29
Stay ahead in the game of trading with BrokersView's "Q&A Weekly Review" from Sep 25-29, 2023! Subscribe now to get the latest regulatory status and trading details of brokers.
Sep 18-22, 2023 Q&A Weekly Review - What's Asked This Week?
2023-09-22
Stay ahead in the game of trading with BrokersView's "Q&A Weekly Review" from Sep 18-22, 2023! Subscribe now to get the latest regulatory status and trading details of brokers.
Overall Score
6.3
47 Reviews
Cost 6.1
Platforms 6.1
Deposit & Withdrawal 6.0
Customer Support 5.9
Indicates the average level of Brokers
Keywords for selection
Fast Deposit/Withdrawal
Fast Execution
Low Spreads
Multi-Language Support
No Requote
Simple & Quick Registration Process
Good/Professional Customer Support
Deposit/Withdrawal Problems
Bad/Unprofessional Customer Support
47 Reviews
Sort by
Mohamed Suhaili Bin Mohamed No
Am from Malaysia and been using HFM for several months.. no serious issues until now and only once due to the market froze during the news for a few minutes.. 2-3 days for that week and managed to recover it back accordingly.. Customer Support is very good from Account Manager and IB.. The rest like deposits and withdrawals are fast and good.. Recommended.. Cheers
2023-09-01
1 
Reply
1
Reply
NeoBeum
The platform is surprisingly good. I noticed HotForex when I visited a forex forum. I opened a demo account for several months. I was not expecting much but things went really smooth, opening an account is easy, the live environment is good and execution speed is nice. Everything seems to be fine. I still think there is much room for growth. so far so good.
2023-05-12
1
Reply
1
Reply
Iery
Was my first Broker but as you know, first one is not always the best one.
2023-04-29
1
Reply
1
Reply
Emily
I want to close the account and do not want to pay, the minimum withdrawal is 20 USD at another broker I had the same problem, but it was closing the account, they paid, hotforex is scam
2023-04-29
1
Reply
1
Reply
Georgiy
Hotforex is a great company! I am an amateur trader. I have traded with hotforex for almost 6 month. I’m very happy with the spread and execution, and they even provide support in Chinese. Very nice!
2023-03-08
1
Reply
1
Reply
mr Wu
With a decent set of instruments, though i can't say i use them all, so far the results are promising. the broker is pretty much decent, fast MT4 terminal reaction, fast order execution and closing, spreads are manageable both in swings and scalps, the withdrawal process is easy and fast. My trading experience with hotforex is really good, i highly recommend it to all of you!
2023-01-20
1
Reply
1
Reply
Mohammad Aziz Uddin Chowdhury
Hotforex is big scam! I submitted a withdrawl when I had a decent balance, but no response as if they are attempting to ignore me, no response no email no money received.
2022-12-25
1
Reply
1
Reply
summer
Trading since 2019 with them. I think Hotforex is a well-balanced broker. All the issues are always resolved quickly. Its MT4 platform is easy to navigate and very user-friendly, and it has no requotes. Compared with other brokers, the spread is also very low. I always complete my transaction at the desired price. I am very grateful to them. I would like to give them 5 stars now. Well done!
2022-12-08
1
Reply
1
Reply
Md Fahidul Hasan
Trading since 2019 with them. I think Hotforex is a well-balanced broker. All the issues are always resolved quickly. Its MT4 platform is easy to navigate and very user-friendly, and it has no requotes. Compared with other brokers, the spread is also very low. I always complete my transaction at the desired price. I am very grateful to them. I would like to give them 5 stars now. Well done!
2022-11-17
1
Reply
1
Reply
Sandy
Just got my second withdrawal as scheduled. Trades can be executed without delay. Average spreads and commissions are close to the average level.
2022-11-03
1
Reply
1
Reply
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Risk Warning:
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
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