Forex

HotForex ZA (South Africa) - Zero Spread Account

HotForex ZA (South Africa) - What's now?

HotForex ZA (South Africa) has suspended the trading of Cryptocurrency pairs temporarily.

About the Zero Spread 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

Financial Broker	4.6 rating based on 31 ratings 4.6/5 31 Official Site Sign Up Detail
Trading Platforms	MT4 MT5
Rating Traders Rating	3.0 rating 3/5 0
Tradable Instruments	Bonds Commodities Cryptocurrencies Energies Forex Precious Metals Stock Indices Stocks (Shares)
Business Model	No Dealing Desk (NDD)
Execution Type	Market execution
Minimum Deposit	$200
Base Currency Options	USD (US Dollar) ZAR (South African Rand)
Maximum Leverage	500:1
Spread Type	Floating spread
Minimum Spread	Trade from 0 pip
NPB	Available
Commissions	$6 per round turn lot
Minimum transaction size	0.01 Lots
Maximum transaction size	60 Lots
Decimal Pricing	5 Digits
Margin Call	50%
Stop Out	20%
EAs	Allowed
Scalping	Allowed
Hedging	Allowed
News Time Trading	Allowed
PAMM/MAM	Allowed
Swap Free	Optional
Interest on Margin	None

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.

* CFD Service. Your capital is at risk.

General Trading Conditions

By opening an Zero Spread 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) Zero Spread account offers No Dealing Desk (NDD) execution model, the maximum leverage is 1:500, spread is Floating from 0.0 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 Zero Spread 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 Zero Spread Account.

Before opening accounts with HotForex ZA (South Africa), find out more information and their promotions.

Click here to find out more company details.

HotForex ZA (South Africa) Trading Accounts Comparison

Here are the details of all Forex trading accounts of HotForex ZA (South Africa).

Types	Zero Spread	Premium	Micro	HF Copy	Auto
Rating	3.0 rating 3/5 0	3.0 rating 3/5 0	3.0 rating 3/5 0	3.0 rating 3/5 0	3.0 rating 3/5 0
Platforms	MT4 MT5	MT4 MT5	MT4 MT5	MT4	MT4 MT5
Business Model (Execution)	No Dealing Desk (NDD)	No Dealing Desk (NDD)	No Dealing Desk (NDD)	No Dealing Desk (NDD)	No Dealing Desk (NDD)
Min Deposit	$200	$100	$5	$100	$200
Max Leverage	500:1	500:1	1,000:1	400:1	500:1
Details/Link	Learn More	Learn More	Learn More	Learn More	Learn More