About the Auto Account of Bonds, Commodities, Cryptocurrencies, Energies, Forex, Precious Metals, Stock Indices, Stocks (Shares) (MetaTrader 4, MetaTrader 5/No Dealing Desk (NDD)) offered by HotForex ZA (South Africa).
Type and Conditions
The page is dedicated for traders of South Africa. If you don't live in South Africa, please go to HotForex (SV) main introduction page.
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General Trading Conditions
By opening an Auto Account with HotForex ZA (South Africa), you can trade Bonds, Commodities, Cryptocurrencies, Energies, Forex, Precious Metals, Stock Indices, Stocks (Shares) through MetaTrader 4, MetaTrader 5 trading platform.
Mainly HotForex ZA (South Africa) Auto account offers No Dealing Desk (NDD) execution model, the maximum leverage is 1:500, spread is Floating from 1.0 pips.
Available Base Currencies
The account bsse currency is only available in USD (US Dollar), ZAR (South African Rand).
Negative Balance Protection
HotForex ZA (South Africa) adopts NBP(Negative Balance Protection), this means that you will not lose more than you deposit in your Forex & CFDs investment.
Margin call & Stop out
In the Auto Account, Margin call is 50% and Stop out is set to 20%, so all your positions will be automatically closed when the margin level reaches down to 20%.
Allow Trading Strategies
HotForex ZA (South Africa) allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of Auto Account.
Before opening accounts with HotForex ZA (South Africa), find out more information and their promotions.
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HotForex ZA (South Africa) Trading Accounts Comparison
Here are the details of all Forex trading accounts of HotForex ZA (South Africa).
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