HotForex Review 2022 | Information about HotForex Forex Broker - BrokersView

HotForex

Save
Share
Foreign exchange, index, stock, bond, precious metal, energy,HotForex,hotforex.com
33 Reviews

Founded: 2010 Min deposit: 5 USD

Headquarters: Cyprus Max Lev: 1 : 1000

Contact

+44 2035199898

support@hfmarkets.co.uk

http://www.hotforex.com

7.2 Business Scope

Trading instrument and serviced countries

6.9 Trading Cost

Spread and commission

6.9 Trading Platforms

Trading software and multi-end trading

6.6 Customer Support

Customer support and value-added services

Multiple Base Currencies Support
24/7 Client Support
Multilingual Support
Multi-regulation
Fast Deposit
Fast Order Execution
Fast Withdrawal
Multiple Account types
Mario Vega
Dec 19, 2020
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 But I haven't withdrawn funds in hotforex yet, I will take a while to test the withdrawal.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
Nov 15, 2020
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
Nov 03, 2020
Just got my second withdrawal as scheduled. Trades can be executed without delay. Average spreads and commissions are close to the average level.
Licence Status

hold many regulation licenses such as FCA

HotForex Review 2022 | Information about HotForex Forex Broker - BrokersView
CySEC 183/12
HotForex Review 2022 | Information about HotForex Forex Broker - BrokersView
FCA 801701
Foreign exchange, index, stock, bond, precious metal, energy,HotForex,hotforex.com
Mauritius-FSC C110008214
Calculator
Account Type
Symbols
Volume in Lots
Lots
Leverage for Margin
Currencies
Expenses
Required Margin 0.00
Spread Cost 0.00
Commission 0.00
Swap Long 0.00
Swap Short 0.00

Deposit and Withdrawal

7.0

Good

Fast deposit & withdrawals

Features

Fast Deposit Fast Withdrawal Low Minimum Deposit

See more
See more

Company and Service

7.2

Good

fast deposit/withdrawal& good customer support

Features

Good Customer Service Multilingual Support Quick Response

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,  Linux
MT5
Mac,  Windows,  iOS,  Android,  Webtrader
Contact
No Data
Others
Website Language
Czech,  English,  German,  Greek,  Hungarian,  Italian,  Polish,  Portuguese,  Romanian,  Slovak,  Slovenian,  Spanish
Customer Service By
Phone,  Email,  Live Chat,  Facebook,  Twitter,  LinkedIn
Supported Language
Czech,  English,  German,  Greek,  Hungarian,  Italian,  Polish,  Portuguese,  Romanian,  Slovak,  Slovenian,  Spanish

Broker News

Is HotForex a good broker? Here is what its clients has to say May 09, 2022
With a competitive pricing structure, a wide range of trading tools, and efficient customer support, HotForex claims to be a market leader. However, the broker receives critics for its bad conduct.
See more
Deposit Rate Comparison Between Forex Brokers in Nigeria May 09, 2022
Here is a list of the top 7 popular forex brokers that offer relatively good deposit exchange rates and trading platforms to Nigerian traders.
See more
HotForex’s Andreas Lambrou Joins Capex.com as CFO Jan 10, 2022
The longtime HotForex senior executive Andreas Lambrou has left the company, joining CySEC-licensed rival Key Way Group, which operates the Capex.com Retail FX brand.
See more

Overall Score

33 Reviews

Cost 6.9

Platforms 6.9

Deposit & Withdrawal 7.0

Customer Support 6.6

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

33 reviews

Iery

Apr 29, 2022 0-6 months Micro Account
Was my first Broker but as you know, first one is not always the best one.
Germany
Helpful
Not Helpful

Emily

Apr 29, 2022 0-6 months Micro Account
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
Japan
Helpful
Not Helpful

AlexLE

Apr 01, 2022 0-6 months Premium Account
Spreads are low but not the lowest, Other brokers have also fixed spreads. Overall a very good broker. Quick account oppening and withdawal.
India
Helpful
Not Helpful

Abdul Quddus Chowdhury

Nov 24, 2021 Not used yet Micro Account
I compared the prices of CMC Markets and IG...I found that HotForex still has a long way to go in rivaling CMC Markets and IG, particularly in spreads.
United Kingdom
Helpful
Not Helpful

Md Fahidul Hasan

Nov 17, 2021 1-3 years Micro Account
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!
Germany
Helpful
Not Helpful

Zulfikar Ali

Oct 17, 2021 0-6 months HFcopy Account
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!
Portugal
Helpful
Not Helpful

Md Arif Hossain

Sep 23, 2021 7-12 months Premium Account
I have been trading with hotforex for nearly one year now, and this is the second time i am facing big issue with them, last time they accepted their fault and returned my losses. Yesterday one of my position was liquidated when price wasn't reached at that level, I sent them my issue but they didn't reply me...the worst broker.
Slovenia
Helpful
Not Helpful

Mohammad Burhan

Sep 02, 2021 1-3 years PAMM Premium Account
I have been trading with this broker for several years, but suffered losses due to my poor operation. Therefore, I have switched to the PAMM plan and then made money steadily. This is not easy, but not difficult. Recommend their PAMM service.
Greece
Helpful
Not Helpful

Md Abul Kasem

Aug 19, 2021 0-6 months Auto Account
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.
Spain
Helpful
Not Helpful

Dan

Jul 24, 2021 0-6 months Micro Account
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.
Poland
Helpful
Not Helpful

1 - 10 of 33 comments

Rate and Review

Overall Rating

Cost

Platforms

Deposit & Withdrawal

Customer Support

Your review