Do you live in South Africa? Then please go to HotForex ZA (South Africa) main introduction page.
HotForex allows the use of EAs (Expert Advisers), and many other trading activities such as Scalping, Hedging and News Time Tradings on their MT4 trading platform.
HotForex itself does not restrict any trading activities on the MT4 trading platform.
The only one prohibited trading method is “Latency Arbitrage”.
“Latency Arbitrage” is a trading method to exploit profits by the price differences between different brokers(providers) using a specific program.
No Conflict of Interest → No restrictions on MT4
HotForex strives to offer complete STP trading environment, meaning that HotForex sends all orders of client to the Forex markets without interfering.
And the broker earns profits only from the mark-up spread which its traders are paying.
This condition gets rid of the “Conflict of Interest” between traders and HotForex, as HotForex will make the same money when its traders make money or lose.
That is why there is no restrictions on HotForex MT4 and the broker wishes for its traders to make profits and continue their tradings.
Being 100% STP broker, is certainly the most fair trading environment brokers can offer.
Automated Trading as you wish
Although there is no restrictions on the HotForex MT4 and any kinds of EAs are allowed, HotForex does not provide support for these automated strategies however as they are available from third party providers
HotForex suggests you contact the source directly should you experience any difficulties related to the settings or methodology of your chosen EAs.
HotForex does not restrict anything, but you must know the risk of investment.
For more information about HotForex’s service, please visit the Official Website.