Do you live in South Africa? Then please go to HotForex ZA (South Africa) main introduction page.
As a forward thinking broker, HotForex maintains the position as a market leader by always looking for new ways to enhance clients’ trading environment.
In light of this, HotForex has announced the following changes affecting the opening of new account(s) and the trading conditions of your existing account(s).
1. New Account Leverage
Please note the following changes to the maximum leverage available for Premium, Zero and Auto accounts:
|Acount Types||Previous Maximum Leverage||NEW Maximum Leverage|
2. New Minimum Deposit Requirement
At the same time, the required minimum deposit amount are also changed for the following account types.
Please note the following changes to the minimum deposit required for Premium, Zero and Auto accounts:
|Acount Types||Previous Minimum Deposit||NEW Minimum Deposit|
3. New Trading Commission
Please note the following changes to the commission charges for any major/minor position opened in a Zero account:
|Previous Trading Commission||NEW Trading Commission|
|8/12 USD||6/8 USD|
|100/155 ZAR||80/110 ZAR|
4. New Minimum Trade Size
Please note the following change to the maximum trade size for Micro accounts:
|Previous Maximum trade size||NEW Maximum trade size|
|5 standard lots||7 standard lots|
If you require further clarifications or assistance regarding the above changes, kindly contact HotForex Support Team.
HotForex’s team will remain at your disposal and are happy to help you understand the changes and adjust your trading so as to help this transition be as seamless as possible.