You are protected with the NBP.
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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.
The markets are unpredictable and extremely volatile conditions are part of the game. But with HotForex, you can feel at ease, as the broker making sure that your trading doesn’t result in debt.
Specifically, with the Negative Balance Protection policy, in the rare event that your account reaches a negative status after closing positions, HotForex makes a relevant adjustment of the amount so as you don’t bear the loss.
You may use the highest leverage available by HotForex, which is 1:1000 and increase your trading opportunity to 1,000 times more, but you do not need to worry about also increasing your exceeded losses to 1,000 times more. Because the loss is limited up to the account balance.
All exceeded losses will be covered by HotForex itself.
The markets might let you down, but HotForex doesn’t!
Sign up with HotForex, and get benefits from this trading condition!