Minimum Deposit: $5
Deposit Bonus: Upto 100%, Loyalty Program Lot Rebate
No Deposit Bonus : N/A
Broker Regulation: FCA
Funding Options: Bank Wire, Credit Cards, e-Wallets
Trading Platform: Web Trading, MT4
Web Trading Platform: Yes
Are you looking for honest HotForex review then you are at the right place. Using HotForex, it is possible to buy and sale binary options, but you can also trade in CFDs for merchandise, stocks as well as indices. It was launched in the year 2008 with headquarters within Mauritius, HotForex offers a double-regulatory conformity program for EU. Additionally, there are lot of bonus and honour applications to tempt you. Small trader or big trader HotForex does not discriminate anyone. Micro accounts start at USD 5 and you can opt for more features at additional cost. Additionally, there are other specific accounts, which you can access for social trading or zero-spread out investing. Read this HotForex Review to discover more about HotForex
The HotForex Platform
You will not encounter accessibility problems with HotForex. If you are using MT4 tool, then downloads can be purchased, if you prefer internet-based solution or cellular app, then your search is over. HotForex has many custom made software solutions, all are advanced and likely to make your trading experience a pleasant one from the day one. Mobile app is very simple and it can be used any time of day via mobile internet using your smartphones or laptop or tablet. The latest in 256-bit SSL technology encrypts all individual and trading program information for protection purposes.
I am buying and selling with HotForex for over three years now. I feel I must share my experience and review here, for my investments with HotForex, I have faced some issues with them, each and every dealer has problems but great thing with HotForex was they look after their clientele very well.
I joined HotForex because of its number of benefits, HotForex provides several bonus applications and webinar on a regular basis. I then deposited to start buying and selling using their popular Zero Account. Its spread in E/U set was very low about .2 to .5 pip, precious metal is higher however but not excessive. Quick rendering and no requotes. Totally satisfied with HotForex.
I am actually a hobby forex trader so my amount hardly ever exceeds USD 5 and for such a trading profile, HotForex is really a best option. Wish I had money and time to find out how HotForex handle my requests, pay my profit and so forth. Most likely, in the near future I planning to quit my office job and dive completely in to investing with HotForex as I like this platform very much.
As far as support is concerned, I would personally give them 4.5 ratings out 5. Why 4.5 and not 5. Because sometimes it requires a bit more time for their assistance team to respond to but while they are there, it is a remarkable experience. Still some time emergency situation arises while I am trading and for that, I demand for their quickest resolution.
Withdrawals and Deposits at HotForex
Depositing in your HotForex account is free and can be carried out during regular investing or business hours. Deposits via wire transfer can require 2-7 business days with minimum down payment restriction of $100 with no optimum. Bank cards can require 10 minutes with a bare minimum payment of USD 5 along with a maximum down payment of USD 10,000.
List of different types of HotForex Accounts
- The Premium Account
- The Fixed Account
- The Zero Account
- The Auto Account
HotForex Review – Advantages of HotForex
- Large number of professional services like account types, down payment and withdrawals
- If you like binary options, their sister company, OptionTrade.com, can handle your preferences with a click from HotForex site;
- Great support team, good at email support as well as help desk support
- If you talk about platform then it is steady providing smooth execution.
- New social investment facility will allow you to connect with many different traders, discuss strategies and news, follow them and copy the most successful portfolios as well as broaden your community by identifying more trading opportunities;
- Overall, I can surely say that HotForex is far above other average platforms.
- All deposits are secured in split accounts with Level-1 global banking institutions;
- You can access their website in 25 different languages, A truly great feature, and on top of that many of these are supported by their customer service during business hours;
HotForex Review – Disadvantage of HotForex
- When you are new to HotForex you may feel that it is slightly complicated, it requires some time for any regular investor to get used to know what is happening.
Summary – HotForex Review
HotForex has become the top platform in its category to give its consumers whatever they want. The organization is really the one stop solution to all your trading needs. Whatever you want or wish for, you will discover it right here like spreads are very competitive, accounts with special features; tailored buying and selling platforms for many Operating Systems, social trading and all this with great outstanding customer service with perfect support materials.