HotForex is an unified brand name of the HF Markets Group, and the group is consisted with 3 different companies.

Here is the list:

HF Markets (Europe) Ltd

in Cyprus, regulated by CySEC

HF Markets Ltd

in the Republic of Mauritius, regulated by FSC

HF Markets (SV) Ltd

in St. Vincent & the Grenadine registered in IBC

The website of “HotForex” is mainly operated by HF Markets (Europe) Ltd in Cyprus though, HotForex itself indicates “HF Markets Group” with three different companies.

HotForex Official Website

HF Markets (Europe) Ltd is the main

You may want to be careful when you sign up with HotForex, you may be assigned to a company which you didn’t expect to be.

For example, the ICF(Investor Compensation Fund) is available for clients under CySEC, but not for other countries.

You can see which company of HotForex you are signing up with by checking the documents, as below.

HotForex Online Registration

The Situation of Regulation and License

It is important to know which rule is applied for your service.

As there are basically 3 different HotForex companies with different regulations, there are different rules and condition.

HotForex’s operation itself is mainly carried with the one in Cyprus, so most of traders will need to sign up with HF Markets (Europe) Ltd.

There are many registrations and memberships which the company has acquired:

• Licensed by (CySEC)Cyprus Securities Exchange Commission
• Following the Directive of MiFID(Markets in Financial Instruments Directive)
• Member of Cyprus ICF(Investor Compensation Fund)
• Member of ACIIF(Association of Cyprus International Investment Firms)

and registered with:

• United Kingdom – Financial Conduct Authority (FCA)
• Germany – Federal Financial Supervisory Authority (BaFin)
• Italy – Commissione Nazionale per le Società e la Borsa (CONSOB)
• France – Autorité de Contrôle Prudential (ACP)
• Spain – Comisión Nacional del Mercado de Valores (CNMV)
• Poland – Polish Financial Supervision Authority (KNF)
• Hungary – Hungarian Financial Supervisory Authority (HFSA)
• Netherlands – Authority for the Financial Markets (AFM)
• Denmark – Finanstilsynet (Danish FSA)
• Sweden – Finansinspektionen (FI)
• Czech Republic – Central Bank of the Czech Republic (CNB)
• Slovakia – Národná Banka Slovenska
• Estonia – Finantsinspektsioon
• Portugal – Comissão do Mercado de Valores Mobiliários (CMVM)

Depending on the country you are residing in, you may be directed to sign up with a company with the Republic of Mauritius, St. Vincent & the Grenadine.

But most of the clients of HotForex, are with the HotForex company with above registrations and license.