Hotforex Review

Hot forex hotforex review
After being successful as regular brokers, Forex has developed its online services provider. It is called HotForex and it offers NDD (No Dealing Desk) and STP (Straight Through Processing) realization. Its services are available internationally. The Cyprus Securities Exchange Commission (CySEC) regulates and authorizes HotForexs work and. Found that clients deposit are placed in segregated accounts with investment grade institutions.
HotForex 100% Bonus On All Deposits

The range of platforms they offer is huge and it even includes Meta Trader 4 or popularly known as MT4, which is the most famous and most used retail Forex trading platform in the world. HotForex offers its clients option to download MT4 application to their Windows PC or, in case they use a Mac or Linux, they can use it online via HotForex web trader. This application is also available for iOS, Android or Windows Mobile devices as well as Blackberry devices.
They offer a different type of accounts for their users, which are adjusted for their needs. Therefore, if you are a first time user, you can choose the special service for new traders. It is a service that provides an account designed especially for the beginners. Minimal opening deposit is only 50$, it has leverage that goes up to 1:1000 and its minimum trade sizes are small.
For experienced traders, HotForex designed two types of accounts for investors that want to trade bigger amounts on tight spreads; Standard HotForex account and VIP account. There is also an account designed for those traders who want to work on raw spreads – Currenex account.

There is also an account for those who want to do business with fixed spreads currencies. Even though HotForex has reserved its right to widen spreads on its FIX accounts in case of big changes, they stay the same in 99.73% of the time.
For its Muslim clients HotForex has provided two types of accounts with swap-free format – Micro and Standard accounts. Standalone Islamic Forex account is also available, with all characteristics required for Islamic banking.
As for signals that are available when using Forex, there is ZuluTrade, who had became partner with HotForex. It provides users to follow signal providers. Also, it is possible to trade manually through HotForex Zulu account. Users are charged a commission for using HotForex through ZuluTrade. Commission is 1.5 pips per round.