HotForex Review 2021 | Detailed Information about HotForex Forex Broker - BrokersView
Is HotForex a Scam or Not? Detailed HotForex Review, which is a must read before you trade with this Forex broker. Read all HotForex pros and cons, full description of trading accounts, platforms, spreads, promotions.

HotForex

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Founded: 2010 Min deposit: 5 USD

Headquarters: Cyprus Max Lev: 1 : 1000

+44 2035199898 support@hfmarkets.co.uk http://www.hotforex.com
Score
7.3 Good
16 Reviews

good/professional customer support 3

fast deposit/withdrawal 4

Multi-language support 1

deposit/withdrawal problems 3

7.2 Business Scope

Trading instrument and serviced countries

7.2 Trading Cost

Spread and commission

7.2 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
HotForex Review 2021 | Detailed Information about HotForex Forex Broker - BrokersView
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 But I haven't withdrawn funds in hotforex yet, I will take a while to test the withdrawal.
Is HotForex a Scam or Not? Detailed HotForex Review, which is a must read before you trade with this Forex broker. Read all HotForex pros and cons, full description of trading accounts, platforms, spreads, promotions.
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.
HotForex Review 2021 | Detailed Information about HotForex Forex Broker - BrokersView
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 2021 | Detailed Information about HotForex Forex Broker - BrokersView
CySEC 183/12
HotForex Review 2021 | Detailed 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
Offices Set in
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
Address
Spirou Kyprianou 50 , Larnaca, Larnaca 6057, Cyprus
Phone Number
+44 2035199898
Email
support@hfmarkets.co.uk
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

Andreas Andreou Rejoins HotForex as Head of Business Development Oct 26, 2021
Andreas Andreou has rejoined HotForex, a Forex and commodities broker, as the company's Head of Business Development.
See more
HotForex Announces Renewal of Partnership with Paris Saint-Germain Aug 04, 2021
HotForex, an award winning forex and commodities broker, has announced a renewal of the company’s partnership agreement with Paris Saint-Germain for the 2021/22 season.
See more
Return on Free Margin—Earn up to 3% in HotForex Jun 22, 2021 Promotions
Return on Free Margin gives you daily earnings credited directly to your wallet to trade or withdraw! Your earnings are calculated based on your daily free margin and the current month’s accumulated trading volume.
See more

Overall Score

7.3 Good

16 Reviews

Cost 7.2

Platforms 7.2

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

16 reviews

Samuel

Jan 22, 2021 0-6 months Micro Account
Generally speaking, they are okay, but one thing is that their exchange rates are out of sync with the chart. When the price in the candlestick chart falls, the foreign currency exchange rate rises!
France
Helpful
Not Helpful

mr Wu

Jan 20, 2021 1-3 years Micro 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!
China
Helpful
Not Helpful

wendel

Jan 06, 2021 0-6 months Micro Account
Hotforex customer support is not good. I recently opened account with them and wants to know few more thing, but they reply so lately....their customer service is too bad.
Hungary
Helpful
Not Helpful

Mohammad Aziz Uddin Chowdhury

Dec 25, 2020 7-12 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.
Egypt
Helpful
Not Helpful

Mario Vega

Dec 19, 2020 0-6 months Micro Account
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.
Norway
Helpful
Not Helpful

coconino ahmad

Dec 18, 2020 0-6 months Micro Account
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 spreads and execution, and they even provide support in Chinese. Very nice!
China
Helpful
Not Helpful

Khairul Abdi

Dec 15, 2020 0-6 months Micro Account
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.
Canada
Helpful
Not Helpful

summer

Dec 08, 2020 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!
Malaysia
Helpful
Not Helpful

Liz

Dec 06, 2020 7-12 months Micro Account
As a veteran forex trader, I have to say HotForex lags behind other well-known brokers in many aspects. But good thing with hotforex was that they care for their clients and always step up to sort out this issues. All the issues are always resolved quickly.
Greece
Helpful
Not Helpful

Harsh Nayar

Dec 01, 2020 1-3 years Micro 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.
Seychelles
Helpful
Not Helpful

1 - 10 of 16 comments

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