Thinking of HotForex? “Must-Read” Pros & Cons of the Service
You should read this before start trading with HotForex.
Notice
This Post has ended its release period. Please check HotForex's latest information and campaign on HotForex's company introduction page.
HotForex - What's now?
We are no longer promoting HotForex. The information regarding to HotForex on the website 'Hercules.Finance' maybe outdated. ref. HotForex
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.
We understand that there are hundreds of misleading information on the web, and you may be tired of seeing the same advertisement mentioning the same things.
Here are some tips for you to choose the most suited broker for yourself.
Pros
HotForex is regulated and licensed by multiple regulatory authorities from all over the world.
The maximum leverage offered is 1:1000, which is higher than the majority of Forex brokers.
The STP(Straight Through Processing) trading environment is provided and there is no restrictions on the trading platforms.
Variety of options are available including over 100 symbols(Forex, Commodity, Stock and Index), 8 different account types, and a number of trading tools.
All time exciting Bonus Promotions running.
All trading conditions & specifications are easily found in the website, to avoid any misunderstandings and troubles.
Cons
The minimum trading cost is around 1 pip or more including extra commissions, which is a bit costly.
Is HotForex suited for you?
HotForex is another fast growing Forex broker, with well organized promotions and services.
Some traders might find the service a bit complicated as there is a number of options available to go through before start trading. In another word, HotForex never cease to bore you.
There is not much cons on their services, and the broker is also earning strong popularity and nice reviews.
HotForex’s PAMM service and HFCopy also help investors to earn profits.
One drawback would be that, you need to deposit more than 20,000 USD to have the account with raw spread with minimum costs offered by HotForex. And that account would be one difficult option to have for many traders.
Overall service quality of HotForex should be really fine for anyone.
