HotForex - What's now?
After 12 years of rapid growth and becoming a truly global broker of choice with over 3.5 million live accounts opened, on May 2, 2022, HFM is entering a new era with a new name, HFM. Go to the page here to find out more about the new brand.
Do you live in South Africa? Then please go to HotForex ZA (South Africa) main introduction page.
HotForex offers 7 different Metals and Commodities in a form of CFDs.
Here is the current list of all Commodity CFDs offered by HotForex.
- NGAS(Natural Gas)
All of the above CFD products are available for trading through HotForex MT4 account along with Forex, Commodities, Stock CFDs and Index CFDs.
The trading conditions such as margin requirement, 1 pip value and trading hours are different from the ones for Forex currency pairs.
Please refer to HotForex official website before start trading CFDs on the MT4.
Margin Requirements for Metals and Energies
The margin requirement of all Precious Metal CFDs is 1% notional value, as in the leverage is fixed to 1:100.
For Natural Gas and Oils, you will be required the fixed margin for trading as follows:
|NGAS||50USD/45EUR per lot|
|UKOIL||100USD/75EUR per lot|
|USOIL||100USD/75EUR per lot|
Example of Margin Calculation
Notional Value* / 100
For example if an account open 1 lot (or 100 ounces) of gold the required margin will be the following:
100 * 1585 /100 = $1585
The pip value for a 1 lot position is $1 per pip
For more information about the calculation on HotForex MT4, please contact support team from the Official Website.