153 reviews of HotForex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
I had recently opened live account with hotforex. Previously i was prcticing the demo trading which gave me some confidence going to trade live. Therefore i opened the live micro account in July and since I have been trading this live account. The leverage is quite reasonable to push account profits. I am trading micro lot every day and my only objective is to remain on breakeven if the profit target is not hit. The execution is easy and stop loss is always triggered on a bad day. I did two or three withdrawals which were processed easily, now i am not going to withdraw and built this account into a big one. This is my target and i believe that i can be able to achieve this easily.
The broker is already well know and has been around for almost 10 years, but the positive thing is they continue to up their game and bring more for the traders and that's the way it should be. Various tools for different type of traders, from calculators for the detail savvy, to webinars and learning materials, but with that set aside, the trading condition over all are good. spreads are competitive and execution is quiet decent. I suggest sticking to trading in its simplest form, with all the services offered it can be a bit over whelming at first. bonus needs to be read thoroughly and understood. personally I skip the bonuses. but over all I give them a 9/10. no issues with withdrawal always on time and that's always a positive thing. total live trading time is 8 month.
Having account with them from more than couple of years along with good amount of withdrawal successfully every month. I must say Hotforex is one of the best forex in the market. I like the Neteller option to withraw the money as it has low fees and fast withdrawal.
I have 2 years with this broker, it's from Cyprus and CySec regulated. Execution is rapid and my most pending orders are executed at expected prices. Spreads are low in majors compared to all brokers I have tried (both int and local ones). I also compared prices with another genuine broker and the price chart are same with almost no different. Regarding payment, it supports variety options as Skrill, Neteller, local banks... And after submitting withdrawal request, you could get your fund within 24 hours. I safely recommend this broker as a decent one to start trading.
I have good trading experience with this broker. Started since December last year the only thing which took a little long as expected was the verification process. But once they approved my account i think I never had any issue with depositing and withdrawing the profits.
The platform is quite user-friendly, low swaps, low spreads, etc. I endorse their services and recommend this broker giving a try. That's all for now however i will continue to review my opinion time to time and if anything happens to me i will surely update here again.
This review is after my 5th and largest withdrawal (all thanks to btc) last Dec 12 2017, I made a withdrawal while a bit sceptic since its my largest so far, amounting to 2000++ as traders we all know its not easy yet I simply got a call for verification and the withdrawal was processed with ease that's definitely a very good sign, the amount has been transferred and I'm really pleased, I have traded hotforex for almost 7 months and its been performing quiet well. an easy recommendation.
Market-Maker Broker with pluggins Anti-Scalper, slow down trades with 2 or 3 seconds.
There is a conflict of interest.
Great broker to trade with, nice narrow spreads, fast platform, courteous support. Still struggle to make forex trading my stable source of income, for now results are not quite consistent. They've created perfect multi-stage environment for complete rookies to start safely from very basic knowledge and then gradually develop it into advanced levels.
Cons: Don't support credit card withdrawals. You can withdraw to card original deposit, rest should be cashed out through Skrill, Webmoney or similar payment processors.
Trading with this broker since three years so far. The execution of orders is good with no requotes and I have experienced that the servers executive Tp and Sl without any error.
I can safely say that I haven't found anything bad about them to complain.
Tight spread, especially on Cable. This broker is suitable with news trading, I have traded news as nfp and fed but this broker close my positions at my stop loss while previous broker took more than my stop loss level > 40 pips. Fast payment within 24 hours and the support is responsive. Recommended!
The zero spread account is good, I get 4usd pero round on eurusd which in my opinion is very acceptable. Over all the execution is good, withdrawals are not an issue, support are ok. Though I would suggest when withdrawin do submit the request on weekdays or before office hours to get it with in the same day.
Trading since 2013 with them. Well, i would like to say that All the issues are always resolved quickly in this three year tour with them. My losses are always my part but whenever i placed the withdrawal requests, its completed on the same day and in the most convenient way. I don't know people says that we should not go long with Cysec brokers and all but still in past three years after seeing their behavior specially in resolving issues with their clients is the best customer support in comparison to others. I will keep update my withdrawals and other important things about them. I would like to give them 5 stars now. Thankyou HF Markets Ltd. Best Regards
Came to this broker because its bonus program, hotforex offers various bonus programs and webinar regularly. I then deposit to start trading with Zero account type. Its spread in E/U pair was very low about 0.2 - 0.5 pip, gold is higher but not too much. Fast execution and no requotes. Totally satisfied with this broker.
I have a micro account and have been trading with this broker from August.
This broker provides customer support in my native language Vietnamese
I withdrew 100$ profit to WebMoney very fast.
But the spread on gold is only acceptable, not excellent as majors.
I rated this broker 4 stars
This is a legit broker, I have been trading them for 14 months straight with no issues, platform is stable though there are some minimal slippage during big release, I avoid these especially the NFP, but over all its satisfactory and a legit broker.
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