Then the Manager decides on his Offer, in which he lists the terms for any investor that wants to invest in his account.
Trade with a True Multi-Asset Broker
It represents the all-in-one concept and is derived from the most popular trading terminal in the world. Although this is not an official release by HotForex or MetaQuotes, it is a workaround for Mac users to have the MT4 terminal on their system. There are nine timeframes available for each financial instrument that provide detailed analysis of quote dynamics. More than 50 built-in indicators and tools help simplify the analysis, enabling to determine trends, define various shapes, determine entry and exit points, etc.
Besides, one object can be applied over another one, which comes in very useful in various trading systems. If you have any questions, please contact: Trading on a particular system may differ from trading on another.
Whilst there is no definitive trading platform that satisfies all the traders' needs, the HotForex MT4 platform offers a number of benefits to the end user.
In addition to the above benefits there are many other features the platform offers such as different trade execution features, email and alerts. All in all, the HotForex MT4 platform is all you need to start trading in the forex markets efficiently. The objects of the Company are all subject matters not forbidden by International Business Companies Amendment and Consolidation Act, Chapter of the Revised Laws of Saint Vincent and Grenadines, , in particular but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well as to provide brokerage, training and managed account services in currencies, commodities, indexes, CFDs and leveraged financial instruments.
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice. Please read the full Risk Disclosure. However, this is not the case with HotForex. The broker has to date been able to offer exactly what their clients need.
The services and products are all tailored to the specific needs of its clients hence enabling HotForex to earn a name for itself as a trustworthy and reliable broker. There is no additional cost to our clients for this cover. They offer industry-leading security of funds, accomplished through only using major global banks and keeping funds segregated to ensure that client funds are not affected should HotForex itself have any problems.
In fact, many have considered the MT4 platform to be the industry standard trading platform due to its high adoption rate by brokers from all over the world. For example, the MT4 supports multiple market order types and automated trading through the use of Expert Advisors. It also comes integrated with a comprehensive charting package and a large library of technical indicators.
Currently, the MT4 platform is available in several versions such as:. The platform is powered by Integral and offers traders direct market access as well as automated trading capability outside the MT4 trading environment. In addition to desktop trading, HotForex also supports mobile trading over a wide range of mobile devices with the MT4 platform.
As for the trade types that are available at HotForex, traders can trade the spot markets, futures market and Contract for Difference CFDs. To cater to all its clients trading needs, HotForex has provided different types of trading accounts for them to choose from. Leverage is set to a maximum of 1: A demo account is also provided to potential traders who want try out HotForex services before they commit to opening a live trading account.
As for traders who wish to trade according to Islamic principles, a swap free or Islamic account is available upon request. With its well-established relationship with the major liquidity providers in the markets, HotForex is able to offer its traders extremely competitive spreads on the trades made on its trading platforms.
The table below shows some of the typical spreads that they can expect on the frequently traded assets such as currency pairs, market indices, crude oil and precious metals. HotForex understands that all transactions across the internet must be conducted in a secured and effective manner. As such, the broker has provided its traders with a variety of payment solutions.
For greater conveniences, HotForex also offers its own branded prepaid MasterCard. With the HotForex MasterCard, traders now have a more efficient method of getting access to their trading funds. One of the main benefits that traders at HotForex get to enjoy is the numerous bonuses and promotional programs which the broker has not available to HF Markets Europe Ltd clients.
Apart from bonuses, HotForex has a loyalty program which is designed to reward their loyal traders not available to HF Markets Europe Ltd clients. The loyalty program is divided into 4 classes, Red, Silver, Gold, and Platinum. The more days that the trader is able to trade, the more reward he will earn through the loyalty program.
Finally, HotForex has also organized numerous trading competitions which traders can participate in to win attractive prizes. These competitions run at different times and with different prizes.
The customer support services at HotForex are available on a hour basis. For assistance, traders can reach out to the support team through filling out the web contact form on their website, email, live chat or call them on the phone. For traders in the following countries listed below, they will be able to reach out to the support team through the localized telephone numbers provided.
Yes, HotForex is a regulated forex broker. To open an account at HotForex, simply fill up the registration form and submit it with all the relevant documents proving your identity. The maximum leverage at HotForex is 1: No, HotForex is not a scam. The broker is a legitimate company under the jurisdiction of three regulatory bodies.
HotForex is a safe broker as they operate in accordance with international best practices. Over the past years, the HotForex brand has become one of the leading brands among traders in the online trading community.