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- HotForex launches VIP MT4 account type
- How to open HotForex’s VIP MT4 account?
- 5 Main Advantages of VIP account
- Trading Conditions of HotForex’s VIP MT4 account
- Real-Time Spread of HotForex’s VIP MT4 account
- Merits of using HotForex’s VIP MT4 account
- Advanced MT4 Trading Platform
- Over 1000 financial markets
- NDD trading environment
- Market Execution with no re-quotes
- VIP condition from only $20,000
- Leverage up to 1:300
- Floating Spread from 0.0 pips
- Negative Balance Protection supported
- Trading Volume from 0.1 to 80 lots
- Stop Out Level 20%
- No restrictions on trading strategies
HotForex launches VIP MT4 account type
HotForex has announced the launch of a new “VIP MT4 account”.
Open HotForex VIPs enjoy access to a wide range of exclusive benefits including.
- THREE Private 30-minute Consultations with HotForex Senior Analyst, Stuart Cowel (bookable in advance).
- As an owner of the VIP account, you can have a private consultation with HotForex’s Senior Analyst for 3 times. Are you interested in professional analyst’s opinion?
- Upon request a complimentary subscription to HotForex’s Daily Market Updates SMS Service, and much more.
- Owning HotForex’s VIP account means that you will receive VIP treatment which includes the Daily Market Updates, SMS Service and more exclusive support for your investment activity.
To open HotForex’s VIP MT4 account, you need to deposit at least $20,000 to your live trading account and prove that your intention to invest online seriously with HotForex.
HotForex has a number of trading account types, and the VIP account has the best possible condition for any types of traders.
How to open HotForex’s VIP MT4 account?
Follow the simple steps below to open HotForex’s VIP MT4 account today.
- Go to HotForex Official Website.
- Go to the account opening page (registration page).
- Open a live trading account (any account types).
- Contact HotForex’s support team or your account manager to request for the VIP account.
- Make a deposit of at least $20,000.
- Get the VIP status and the VIP account.
Note that HotForex’s VIP MT4 account may not be available for traders in certain jurisdictions.
To deposit more than $20,000 to HotForex’s live trading account, there is a number of fund transer methods.
You can find the list and the conditions of all fund deposit and withdrawal methods for your country in myHF, HotForex’ client portal.
5 Main Advantages of VIP account
The trading and service conditions of VIP account have been upgraded and now has following 5 great advantages for traders.
- FX Lowest Spreads from 0.0 pips
- Dedicated Personal Account Manager
- One-to-One Consultations at anytime
- Only $20,000 Minimum Deposit
- 3 Private 30 minute Consultations with HotForex Senior Analyst
The above are only some of the advantages that you can benefit from HotForex’s VIP MT4 account.
Now, let’s see the actual trading conditions of HotForex’s VIP MT4 account and the real-time spread.
Trading Conditions of HotForex’s VIP MT4 account
The main trading conditions of this account type are as below.
|Tradable Instruments||CFDs, Commodities, Forex, Indices, Precious Metals, Stocks/Shares|
|Execution Type||Market execution|
|Minimum Deposit||$ 20,000|
|Base Currency Options||EUR, USD|
|Minimum Spread||Trade from 0.2 pips|
|Negative Balance Protection||Available|
|Trading Commission||$6 per 1 round turn lot|
|Minimum transaction size||0.1 lots|
|Maximum transaction size||80 Standard Lots|
|Decimal Pricing||5 digits|
|Margin Call %||50%|
|Stop Out %||20%|
|EA (Automated Trading)||Allowed|
|Islamic (Swap Free)||Optional|
|Interest on Margin||None|
Leverage may be adjusted in case the equity in the account is over $400,000.
Client’s commission $6/€5 applies on forex pairs only.
Other products may apply commission based on their specifications.
The commission changes to $8/7 EUR per round lot traded if the account is assigned to an affiliate.
Real-Time Spread of HotForex’s VIP MT4 account
We have captured the spread of HotForex VIP account during normal trading hours below.
As you can see, the spread goes low to 0.1 – 0.3 pips very often.
The trading cost is one of the lowest among 100 of FX brokers as far as we know.
Trade with VIP MT4 account and Get also Cash Back through Loyalty Bonus Promotion!
Merits of using HotForex’s VIP MT4 account
HotForex’s VIP MT4 account has a number of advantages for traders.
The account type is available exclusively for traders who deposit more than $20,000 to HotForex.
You still haven’t decided to open HotForex’s VIP MT4 account or not?
Let’s review the merits of HotForex’s VIP MT4 account here.
1. Advanced MT4 Trading Platform
HotForex’s VIP MT4 account is available MT4 trading platform, which is the most popular trading platform in the world.
On HotForex MT4, all the advanced trading tools, chartig systems and other options are available for free.
You can download HotForex MT4 from HotForex Official Website for your Windows, MAC, iPhone, iPad or Android mobile phones.
As a trader of HotForex, you can choose from MT4 and MT5 trading platforms which are 2 of the most popular Forex trading platforms in the world.
2. Over 1000 financial markets
On HotForex’s VIP MT4 account, you can invest in more than 1000 financial markets all together.
There are Forex currency pairs, Precious Metals, Energies, Soft Commodities, Stocks, Stock Indices and also Bonds.
You don’t have to open multiple trading accounts to invest in different types of markets, but HotForex’s VIP MT4 account has got all the markets included already.
By having more choices to trade, you have more opportunities to make profits.
Is your trading strategy performing not so well recently?
It could be performing well on other markets because the characteristics of each financial market is totally different.
3. NDD trading environment
HotForex is a NDD broker, and provides the NDD execution for HotForex’s VIP MT4 account.
NDD stands for “No Dealing Desk” and it means that HotForex does not have a dealing desk to hedge against its clients’ orders.
This condition provides the fair trading environment where there is no conflict of interest between HotForex and its traders.
On HotForex’s VIP MT4 account, it is the same condition and you can perform any kinds profitable trading strategies as you like because HotForex will not stop you from making profits.
With the NDD trading environment, HotForex supports its traders to earn more unlimitedly.
4. Market Execution with no re-quotes
HotForex’s VIP MT4 account has adopted the “Market Execution” to process orders instead of “Instant Execution”.
With the “Market Execution”, you will never experience re-quotes which practically give you another possible price for the order to be executed when the market price moves fast.
The “Market Execution” also eliminates the possibility of order rejection.
On HotForex’s VIP MT4 account, all your orders are executed fairly at the best possible market price at anytime without any re-quotes or order rejections.
On HotForex’s VIP MT4 account, your order may also experience both positive and negative slippage depending on the market condition.
5. VIP condition from only $20,000
Many online Forex brokers require you to deposit at least $50,000 or more to get the VIP status.
With HotForex, you can open the VIP MT4 account with only $20,000 of minimum deposit amount.
To gain the best possible trading condition in the Forex market, you only need to deposit $20,000 to HotForex.
Are you a professional or an experienced trader?
Open HotForex’s VIP MT4 account with $20,000 to experience the superior trading conditions and invest smartly.
6. Leverage up to 1:300
Many Forex brokers limit the maximum leverage to less than 1:100 when you deposit more than $10,000.
It is to reduce the risk exposure and protect the Forex broker’s business itself and its traders.
With HotForex, you can still trade with the high leverage up 1:300 on the HotForex’s VIP MT4 account.
HotForex’s VIP MT4 account requires $20,000 of minimum deposit amount, but won’t limit the leverage at all.
7. Floating Spread from 0.0 pips
One of the greatest advantage of HotForex’s VIP MT4 account is the trading cost.
On the HotForex’s VIP MT4 account, you are offered with the raw spread with no mark-up.
The minimum spread starts from 0.0 pips on HotForex’s VIP MT4 account.
This means that HotForex does not make profit from the mark-up spread but needs to charge you as trading commissions.
But don’t worry, the trading commission is also very small as $6 per round turn lot.
On HotForex’s VIP MT4 account, you can trade 1 standard lot of position with only $6 of trading cost in total.
8. Negative Balance Protection supported
Investing a large amount of funds may increase your worry to lose more.
HotForex takes several measures to protect its traders from losing funds.
On HotForex’s VIP MT4 account, NBP (Negative Balance Protection) is fully supported thus you will not lose more than you deposit.
Managing a large volume cause higher risks of losing more than the invested amount during high volatility in the market prices, but HotForex makes sure that you won’t lose more than you deposit with on HotForex’s VIP MT4 account.
9. Trading Volume from 0.1 to 80 lots
HotForex’s VIP MT4 account is suited for traders with any type of trading strategy.
HotForex’s VIP MT4 account supports a flexible amount of trading volume from 0.1 to 80 lots.
Do you perform Scalping trade, Swing Trade, Day Trade or Position Trade?
HotForex’s VIP MT4 account can take your orders fully with the flexible order volume setting.
10. Stop Out Level 20%
To allow you to manage your funds to the maximum, HotForex’s VIP MT4 account has set the margin call level to 50% and the stop out level to 20%.
This means that you can continue trading until the margin level reaches 20%.
When the stop out occurs at 20%, all open positions will be closed forcefully in order to avoid further losses in the account.
This low setting of stop-out level supports especially during draw-downs.
11. No restrictions on trading strategies
You can perform any kind of trading strategies on HotForex’s VIP MT4 account.
As HotForex’s VIP MT4 account has no restrictions on the trading platforms in terms of trading strategies, you can trade as you like.
You can perform scalping trade, swing trade, hedging or run EAs (Expert Advisers) freely.
HotForex’s VIP MT4 account supports your success and there is no limit in terms of the amount of profits you can generate.