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.
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Russian Ruble (RUB) pair to be lowered
HotForex has announced that starting from 15 February 2022 at 16.00 Server Time, the leverage on the Russian Ruble (RUB) pair will be lowered to 1:20 on all relevant symbols of all account types and platforms.
- Leverage Decrease to 1:20
- Pairs: USDRUB
- Accounts: All account types
- Platforms: MT4, MT5
Due to the political instability and the increased tensions between Russia and Ukraine, heightened volatility is expected in local currencies.
This may expose HotForex’s clients to higher risk and low market liquidity.
Protecting HotForex’s traders is one of their top priorities, and the team is always on alert for any potentially problematic situations that could cause more harm than good.
It is in HotForex’s realm of responsibility to make sure HotForex’s clients are informed and aware.
HotForex’s team will be closely monitoring the situation, and HotForex will take any steps necessary to limit your account to unnecessary risk.
Leverage on other pairs and assets will remain unchanged.
As the largest and most traded financial market in the world, foreign exchange offers ample opportunities for those who want to experience the highest volumes and liquidity.
At HF Markets, they offer Derivatives on Forex on a wide variety of currency pairs with exceptional trading conditions such as tight spreads and fast execution.
Open a forex trading account and use HotForex’s powerful trading platforms and professional tools to trade today’s markets with the advantage of tomorrow’s cutting-edge technology.