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Binary options traded outside the U. They offer a viable alternative when speculating or hedging, but only if the trader fully understands the two potential and opposing outcomes. These types of options are typically found on internet-based trading platforms, not all of which comply with U.

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Hotforex review forex peace army broker

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I would suggest that other new traders do the same things. Rather than spending your money in the market without preparations, it is better to learn about the markets using demo accounts. Matthew Cole: Kindly note that you are able to adjust the balance on your Demo Account depending on your requirements. You are able to adjust your balance accordingly as per your requirements and strategy. Della Wilson Australia This post is an inquiry.

What are the base currencies provided by HotForex? Some people might think it's a trivial matter but for me, it is very important as it might affect your trading cost. While we're at it, are there any hidden fees in HotForex that I should know about? We unfortunately do not accept clients from Australia. Kristen Mckinney Malaysia This post is an inquiry. How much is the minimum deposit in HotForex?

Especially for the micro-accounts. Also, I wonder if HotForex also charges deposit and withdrawal fees for bank transfers? I am a beginner and I am not sure how much money should I put into my trading funds. That is why I want to know all the hidden fees so that I would be able to calculate better.

We do not charge any fees on deposits or withdrawals on our side. The minimum deposit amount on your HF Account is depending on the method used. Jun 2 So far, HotForex provides amazing trading experiences. What I like the most about them is that they have great trading platforms.

It is very enjoyable to use and very intuitive, I feel like it's going to be good for a new trader who has very little experience with trading as well. However, I am not sure about their educational materials. I feel like there are rooms to improve and might become one of the best brokers for beginners.

I wonder will HotForex add any new features to their educational platforms? Francis Santiago: Please note that we are unable to confirm the requested information at the moment, however, kindly be advised that you may find our free educational materials on the official website.

Should any new materials be added, the website should be accordingly updated. Ambert Mable India This review is not supported by evidence. May 19 May 17 Absolutely a great broker. To start, this broker has superb customer service and their response lead time is pretty short, normally within 1 business day. They also have a reasonably low spread which I really love because I'm a cheapskate.

But, most importantly, they have been regulated by different tiers of authorities in different countries and have a long history of good reputation, which is over 10 years. Overall, my experience with this broker is very amazing and I would love to explore more of their features before making final conclusions.

Delaware Taiwan Account Number: xxx This review is half reliable. Decent broker. Fast execution, stable server. Eventhough I still need around 48 hours to withdraw my payout. Oyck Savanh Germany This review is not supported by evidence.

Please improve your trading scheme, especially about your spread. Of course it is low spread, but I found another broker who have lower spread than Hotforex. Saschawan Singapore Account Number: xxx This review is half reliable. May 13 Hotforex is so goooood for new traders. If you haven't tried trading on Hotforex, you probably should. Matulessi Pakistan Account Number: xxx This review is half reliable. Caroline Australia Account Number: xxx This review is half reliable.

May 12 But they are really good broker so far. Vilgefortz Nigeria Account Number: xxx This review is half reliable. Adeline Singapore Account Number: xxx This review is half reliable. May 11 May 10 May 9 Apr 18 I have been trading for quite a long time and I have my fair share of brokers to try before. So far, only HotForex manage to fulfill my expectations. To start with, they have a reasonably low spread even when the volatility is extra high.

Hotforex has superb customer service and their response lead time is pretty short, usually within 24 hours during weekdays. This is no surprise considering they are regulated by different tiers of authorities in different countries. The best part is that they offer different bonuses and promotions from time to time, including loyalty programs. Mar 11 A great broker to start forex trading if you ask me. Creating an account is super easy, I downloaded the MT4 and in almost no time I was able to start practicing on a demo account.

Remember I am a newbie so I tested for days on a demo account and watched a few webinars from the ones they offer. This surprised me but their webinars are pretty good and I suggest you check them out. Support is very helpful but in all honestly, I only had to use them once during my account approval since they requested some additional documents. Feb 8 I just starts trading with HotForex, although I haven't spent too much money yet as I'm just barely started trying forex trading.

But, I have to say that I'm quite satisfied, I found them really quick. Basically, everything feels instant here from deposits, trading, and even withdrawal. Although I think the market is quite challenging as it is. Having a good broker really helps ease the burden.

Jan 26 There are several reasons why I think HotForex is the best brokerage that I have ever tried. First of all, they have great customer service and their response lead time is pretty quick. Their MT4 is reliable with fast execution and they also have very reasonable low spreads, which is a win.

HotForex also have a lot of promotions and bonus, so it's really good for those who are looking for making extra side money beside trading. Jan 24 I don't understand what happened with this broker. In the beginning everything it's okay, I can withdraw smoothly and get my money within a short time. But then everything changes.

Suddenly it's hard to withdraw money, and I'm losing sleep over this. Did they change the agreement or something? I'm really confused here. Jan 19 I recently opened a zero account in this broker and I think it's pretty great so far. At least their commission is quite reasonable and their personal area platform is absolutely cool. However, I kind of find that the verification process is absolutely frustrating. It took way too long for my account to be settled. There are a bunch of things I need to do.

Trustme-im-legit Singapore This review is half reliable. Jan 7 I just saw this popped up window in Hotforex's official websites. What are the term and conditions? Can a new trader immediately join this program or do I have to wait for some period of time? ZLee Ukraine This review is not supported by evidence. Dec 27 This brokerage probably has one of the best spreads among other brokers that I have tried before. Their platform are stable, fast, and acceptable, that is all I need in a broker.

Donna United States This review is not supported by evidence. Dec 15 I'm really amazed by their copy trading, I learn a lot and it makes me more confident for trading alone. XoTrader Turkey This review is not supported by evidence. Dec 3 I recently start trading with HotForex and really like their personal area platform.

The best part is withdrawal and deposits is super fast! GreenChasers Switzerland This review is not supported by evidence. Nov 24 I'm a new trader and only started trading in with HotForex for 4 months. I use their copy trading platform, it works great. It boost my confidence and I'm thinking of trying my own strategies soon. Thisisalex Singapore This review is not supported by evidence.

Nov 15 I just don't understand why they can't update my portfolio on real time. Ruben Barley Singapore This review is not supported by evidence. Nov 4 I don't understand why this broker keeps closing my order before the stop loss, it almost feels like they're interfering. Dabid Rhouben France This review is not supported by evidence. Oct 26 I give up! I did it twice, and the same thing keeps happening. Jun 12 I have just barely started trading with HotForex, but only in small amounts since I am a newbie and I know I might lose a lot of money.

I can say that so far everything is OK. I did not have any problems when it comes to withdrawals and I guess this is what most people care about. The account creations are super quick and easy, I can make a new account within 10 minutes I think. In almost no time i was able to start practising on a demo account. Quite frankly the platform itself can be a bit overwhelming at first but once you get to know it you realize it's a very powerful platform. Support is very helpful and I am really glad that it does.

Xavier A Germany This review is not supported by evidence. Jul 22 HotForex is great! Their service is good, the premium account spreads are better than other brokers, also their execution and server are stable from both web-trading and MT4. During 5 months of trading at HotForex, I have slipped a lot of times but it doesn't matter either, it can be an input for HotForex. Mariana India This review is not supported by evidence.

Hotforex is great, not bad, though my trading is still on a demo account. I also like this broker because they've held some seminars in Indonesia. I joined them twice :. Monica B Argentina This review is not supported by evidence. As long as I trade on Hotforex broker, I found no problem. Their service is satisfying, highly recommended for beginners because the spread offered is interesting. Plus, the HotForex server is rarely down.

Nice work! Claudia Nigeria This review is not supported by evidence. Hi, I'm from Indonesia. HotForex provides deposit and withdrawal methods by Indonesian local banks, and it eases me a lot! Thank you! Fechia Gaze United States This review is not supported by evidence. HotForex is the best broker I've ever found! Their customer care is very nice, also their deposit and withdrawal process is quite good!

Laura Bay Argentina This review is not supported by evidence. HotForex is getting more awesome day by day! No Need Name Germany This review is not supported by evidence. I've never got any merchandise from HotForex. I think it's because of my deposit number FYI, I do only a little deposit. I choose HotForex just for comparing the market prices among other brokers I used 3 brokers.

Gabrielle France This review is not supported by evidence. I got merchandise from HotForex Loyalty Program. They give me a new shirt and hat xoxo. Apr 19 Okay, I need a solution to this problem. So far I have never experienced this before, so it's really taken me by surprise. At first, everything goes very smoothly and gradually headed my direction but all of a sudden it turned around, and in a flash of one candle my account was blown.

It goes as far as leaving a balance of I wouldn't be mad if I didn't suspect a foul play here. However, I have another account in a different broker in which I open similar positions and I didn't lose that much. Even with the slippage, it's still crazy. Jun 1 I opened a zero spread account and it is the best decision ever.

First of all, their commission is quite reasonable which is very rare in a broker that offers a zero spread account. Second of all, their personal area platform is absolutely cool, easy to navigate, and generally very smooth to navigate. The best part of all this is that the deposit and withdrawal process is super quick and I love how they handle it profesionally.

Sep 20 I just start trading with HotForex, so for now I think I'll just write what I experience during this time. So far, I guess they are an okay broker, didn't come off as a scammer, but not the best either. Everything is simple, from the moment I oppened the account, it was approved almost instantly, I downloded the MT4 and in almost no time i was able to start practising on a demo account. You can also find a lot of great education on their website, which is a good thing for newbies I guess.

Also, it's good to know that they are regulated by different regulators. May 7 I am very satisfied with this broker. I reach this conclusion after trading for about 6 months with them, so far they have been really great and accomodating. However, that doesn't make them necessarily perfect. The only disadvantage is the missing of their own platform but most people prefer mt4 and mt5. Although, I understand that this is a strategic decision.

Would be nice to see them at some point with their own platform. Mar 1 They use to be so good but now they are just like any other brokers. I just keep having problems after problems with them. Recently, they canceled all my profits including the remaining amount that had stayed in my account after the previous withdrawal.

This is coming out of nowhere considering several months ago I still making withdrawals and everything was OK. Five months later I made a second withdrawal and everything went wrong. I've read in some forums that this happened to people who are making a profit regularly but I don't know for sure. Just very disappointed. Not finding what you're looking for in this page? Or go to one of our top sections if you need any suggestion.

HotForex Review. General Rating 3. Trustpilot 4. Traders Rating 4. Give Your Rating. Company Information Website www. Spreads are variable. Micro offers advanced trading conditions such as scalping and hedging strategies, Expert Advisors, trailing stop, pending orders, one-click trading, mobile trading, and automated trading.

However, it does charge swap for overnight positions. There are also swap rates for holding overnight positions. Clients can trade with variable spreads. Swaps are also charged for positions held open overnight. This account has a range of features, including allowing scalping as well as hedging, Expert Advisors, trailing stop, pending orders, one-click trading, mobile trading, and automated trading.

Unfortunately, it charges overnight swap fees. Position sizes start from 0. Additional features you can enjoy are scalping and hedging capabilities, Expert Advisors, trailing stop, pending orders, one-click trading, mobile trading, as well as automated trading. The minimum trade size is 0. Maximum Leverage They have all the major pairs and commodities for trading. They had recently added crypto trading too. Crypto assets are also accepted now as payment deposits and withdrawal but so far i have seen that they accommodates four cryptocurrencies right now i.

Bitcoin is traded against the US Dollar and the Euro. They have good leverage and timely withdrawal too. I think with in 24hrs its still amnageable, depending on the withdrawal option, they do process the next working day for skrill and neteller, for bank wire its takes a bit longer, they used to offer a card, not sure if its stiill available since most my withdrawals are done through skrill.

Very well balanced broker, that caters to different kinds of traders, but over all they do provide very good services, good options from deposits withdrawals account types and different platforms. The performance is really good, well established and has a good reputation, regulated by several bodies which is a very good sign.

Easy said than done , I traded with HotForex for 4months hoping to get the best , but after much profit I was denied withdraw I tried severely till my account was blocked. Informative, but there was no mention of the fees M-pesa charges for deposits to and withdrawals from Hot Forex! Is this a review? No Yes. Review Headline. Save my name, email, and website in this browser for the next time I comment. Hotforex is an STP Straight through Processor broker which means your order is passed straight on to the liqudity providers and your bet is not hedged or manipulated like on using a market maker broker, this means no requotes, no price manipulation and the lowest spread from the interbank itself.

Regulation and Security. Mobile Trading. Platform Features. Reader Rating 2 Votes. Doesn't offer Islamic zero swap accounts. Let's Get Started. Open a Live Account. Easy Account Opening and Verification Process 2. Easy Account Opening and Verification Process. HotForex Copy Trading. Does HotForex Accept Mpesa? Leave A Review Regulation and Security. Good broker with fast payment! Leave a Comment Cancel reply Comment Is this a review? Final Score. Recent Reviews.

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Forex Broker with Lowest Spread - Hotforex Review

HotForex (now HF Markets) is a MetaTrader broker founded in and is regulated by FCA, SySEC, and other regulators. It offers 47 currency pairs. Plenty of tradable instruments, including cryptocurrencies. Pretty good leverages. Good for newbies as they let you deposit as little as $5. A varied choice of. Very happy with HotForex. Good, intellegent, on the ball chat. Tight spreads, MT4 platform. Scalping. Instant credit card deposit. US customers, leverage.