HotForex Review 2021

hotforex review 2021

What Is HotForex?

HotForex is a well-known digital broker that also provides an excellent white label and IB broker service, and also a lucrative affiliate opportunity. The firm was founded with the goal of creating a reliable client service brokerage. One of the main causes, why HotForex investors keep trading through the broker, is because of this.

HotForex provides customers with access to more than 1000 tradeable commodities. Traders can engage in a variety of marketplaces and trade choices, such as CFDs, FX, Spot contracts, and Futures contracts. Investors may manage 50 forex pairings, a variety of assets, a number of indices, more than 50 stocks, 12 crypto pairings, and bonds. Each marketplace is ready to meet the demands of each merchant.

Regulation of HotForex

On its site, HotForex utilizes ten languages and has specialized support supervisors for every one of them. HF is available in 27 languages worldwide.

HotForex is a subsidiary of HF Markets Group. The company has a number of licensed firms that are brokers operating with a comprehensive range of commodities. To maintain its position as the top broker in the commodities and FX markets, the firm aims to provide the finest possible client support. HF is a reputed broker with offices all over the globe. Their head offices are in St. Vincent and the Grenadines, and they’ve been around since 2010. The company is authorized and controlled by Europe’s Financial Conduct Authority (FCA) the Cyprus Securities and Exchange Commission (CySEC), and the Republic of Mauritius’ Financial Services Commission (FSC), to mention a few.

Types of Accounts

No Spread, Premium, and Premium Pro are the 3 primary types offered by the CySEC and FCA authorized platforms.

Premium, No Spread, Auto, Micro, Percentage Allocation Money Management (PAMM), and HFcopy are the six main membership categories offered by the company. For FX pairings, all categories provide trading without commission, whereas the No Spread plan is fee-based but offers spreads starting at 0 pips on FX. Customers may trade a wide range of financial assets, including FX, commodities, indices, stocks, and crypto CFDs. Free demo membership plans and Islamic swap-free programs are also available to customers. Not every category is available in every country.

Fees

The platform does not collect charges, and so the only costs levied are just for overnight transactions. The price may be seen on the webpage. Every contract is charged a spread, and the trader has the narrowest spreads we’ve observed in the marketplace.

Security&Investing

The platform has been recognized for its outstanding results, positive feedback from traders all around the globe, and excellent services that provide customers with peace of mind regarding the protection of their investments.

The website is solely dedicated to trading with major banks all around the world. Liquidity is provided by these major banks dependent on the firm’s competence and worldwide repute.

Customers’ monies are held in a different bank account. The customers’ money is completely safe.

Bank Wire – For transactions of more than 250 US Dollars, HF will reimburse the expenses. In one working day of the money being shown in HF’s account, it will be transferred to your brokerage account.

Online wallets and traditional bank cards – A minimum of 50 US Dollars deposit is necessary, and it will take around 7 to10 minutes for your funds to appear in your brokerage account. There are also no costs associated with this type of payment.

Available Platforms

The MT4 and MT5 platforms are available for almost all of the operating systems. offers a variety of extra trading features, like AutoChartist analyzers and risk assessors, and also a set of professional trading instruments for MT, which contains a correlation matrix, micro terminal, improved order window, as well as more complex indicators.

The platform’s comprehensive MT suite comes with a variety of useful features for its consumers. These are called premium trading instruments, and they are designed to improve HotForex’s customer experience.

Training Instruments

 HF offers research instruments such as analyses and trading features that incorporate material from both within and other sources. FxStreet provides currency news, while Autochartist provides buy and sell signals based on computerized motif identification. Clearly, the study exceeds the market noHotForex has introduced HF Copy, a copy-trading tool that lets investors collaborate in order to better understand the marketplace. Investors can operate as Strategy Providers to build trading techniques and get a Performance Fee, or as a Follower to duplicate transactions without having to trade or actively track market movements.

Without registering, you may access tutorial videos on basic principles, MT tutorials, buy and sell methods. Every so often, webinars on recent issues, sophisticated trading techniques, risk, and asset control are held. It is not necessary to have an HF membership to join these webinars, but you must enroll.

Affiliates

The HotForex Affiliate plan is a simple method for innovative people to establish their personal enterprise with no prior knowledge or financial investment. Among the most appealing features of the HotForex services is that the amount of profits that may be generated is unlimited. A commission of up to 15 US Dollars for each lot is possible for the associate. The user will receive a commission on the revenue of the sub-affiliates attracted because the affiliate service is multi-tiered up to five tiers. They will receive a quarter of the sub-affiliate’s revenue. The affiliate is given extensive data so that he or she may adjust their marketing efforts properly.

White Label Service

The platform’s White Label solutions are aimed specifically at financial and consulting organizations across the globe. Every customer receives a personalized service tailored to their specific requirements. Every white label is created specifically for every customer in order to provide them the best chance to maximize their earnings. HotForex assists with the construction of a solution to address every white label’s customer group, establishing the foundation for client care systems and assisting with the release through a shared evaluation process.

Final Thoughts

HotForex is a fantastic trading platform that has won honors for its customer service and product offersHotForex is a great option for investors and clients since they provide a large selection of services that fit both newbies and pros, as well as plenty of educational materials, constant market research, and a diverse variety of trading instruments. 

SEE ALSO: eToro Review 2021

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