HotForex Review 2021

HotForex is a forex and CFD broker that is regulated by the FCA and provides access to over 1,000 securities and derivatives on several international markets.

HotForex is a multiple award-winning broker that offers traders CFD, Forex and Stocks. Traders that like the MetaTrader platforms can choose between both the MetaTrader4 and MetaTrader5 platforms at HotForex.

In terms of features offered to traders, HotForex has Demo Accounts, Islamic Accounts, Signals and Auto Trading but is missing Social Trading.

HotForex is regulated by the FCA here in the UK. The FCA is known to be a strong and dependable regulator, which should reassure traders that their funds are safe.

HotForex Summary

HotForex is a forex and CFD broker that is regulated by the FCA and provides access to over 1,000 securities and derivatives on several international markets.

Ratings

90%
Trust
50%
Instruments
85%
Features
BonusNone
InstrumentsCFD, Forex, Stocks
Demo Account
Min. Deposit$100
Min. Trade0.01 lots
Regulated ByFCA
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading HotForex supports automated trading through access to MetaTrader 4 and MetaTrader 5, both of which have extensive expert advisor integration systems.
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.

Leverage1:30
FTSE Spread1.16
GBPUSD Spread1.8
Oil Spread0.05
Stocks SpreadVariable

Forex Trading

HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts.

GBPUSD Spread1.8
EURUSD Spread1.3
EURGBP Spread1.5
Assets50

Payment Methods

HotForex accepts the following payment methods:

  • Trustly
  • Wire Transfer
  • Skrill
  • Neteller
  • Visa
  • Mastercard
  • UnionPay

Awards

HotForex is a multiple award-winning broker, with 5 awards received so far.

  • Top 100 Companies - World Finance Magazine
  • Best Forex Broker Asia - Global Business Review Magazine 2021
  • Best Customer Service Experience - Global - World Business Outlook
  • Best Client Fund Security Global - International Business Magazine 2021
  • Most Transparent Broker - The European - Global Banking & Finance Review Awards
Risk Warning – Your capital is at risk

FAQ

Is HotForex Safe?

Yes, we gave HotForex a high 90% trust score in our review and believe traders should be safe here. One of the main positives for HotForex is that they're regulated by our own Financial Conduct Authority (FCA) here in the UK.

Does HotForex Accept PayPal?

No, HotForex does not accept PayPal payments.

Is HotForex Halal?

Yes, HotForex does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does HotForex support?

With HotForex you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.

Is HotForex Regulated?

Yes, HotForex is regulated by FCA. Being regulated by the FCA is the best possible case for UK traders.

HotForex vs Other Brokers

If you want to compare HotForex with other brokers, use the detailed comparisons below.

HotForex vs
HotForex is a forex and CFD broker that is regulated by the FCA and provides access to over 1,000 securities and derivatives on several international markets.