Question: Does HotForex allow EAs (Expert Advisers) on MT4 (MetaTrader4) platform?
Notice
This FAQ has ended its release period. Please check HotForex's latest information and campaign on HotForex's company introduction page.
HotForex - What's now?
We are no longer promoting HotForex. The information regarding to HotForex on the website 'Hercules.Finance' maybe outdated. ref. HotForex
As HotForex strives to be a NDD(Non-Dealing Desk) Forex broker, there is no trading restrictions on its MT4.
Thus use of EAs is allowed on its MT4.
HotForex does not have restrictions on its MT4 and HotForex will not cancel profits of reject withdrawals for using EAs.
In fact, the broker offers Free VPS(Virtual Private Server) service for clients who meet criteria.
Their VPS supports and works with all types of EAs.
In order to get the Free VPS, you need to deposit more than 5,000 USD into your trading account.
The specification of the VPS is as follows:
- CPU Up to 2200MHz
- RAM 512MB
- Bandwidth unlimited
- Available 24/5
You can find more details of their VPS service in the Official Website.
If you don’t have an EA to run on your MT4 platform, HotForex offers a trading tool called “HFcopy Account”.
The HFcopy Account is available to both Strategy Providers (SPs) and Followers who have joined HFcopy.
SPs can open an HFcopy Account aiming to build their inventory of Followers and trade in exchange of a Performance Fee, as high as 35%.
Followers, on the other hand, by opening an account will be able to deposit funds and start copying the trades of their selected SPs.
