Trading conditions are one of the most competitive in the market. Customer service is always helpful, very easy to deal with them cos they’re patient. Hello limefx official site everyone it is possible to retrieve your stolen bitcoins. I never believed in bitcoin recovery because I was made to understand that it is not possible.

• Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser’s unique methodology.
• Overall, the research coheres to the industry standard.
• HFAnalysis – This is the hub for HotForex’s own market research content.
• Interactive Brokers – low forex fees and diverse research tools.

Further, these funds are not added to the balance sheet, and they cannot be used for paying back their creditors if there is any event of the company going bankrupt. HotForex holds all its accounts with major banks, and with its strength, as a broker, it helps the company to offer liquidity through some of the global banks. Using the MT5 WebTerminal implies that the traders need not download any additional software from their computer. They need to launch the WebTerminal on any browser, and they can start trading within seconds with all the functions just like a desktop platform. This helps the trader to execute trading wherever they are. HotForex has over 150 tradable assets, and it can be accessed through global markets.

HotForex is mostly popular for being voted as the Best Online Broker for Asia in 2012 year. The nomination came from the famous World Finance and to tell you the truth, this Forex platform, indeed, deserves it. HotForex broker is located and officially registered in Mauritius. The website is claimed to be quite trustworthy since the safety for the customer`s personal data and money is guaranteed by the regulation measures, provided by Financial Services Commission . Just like most of today`s popular Forex brokers, HotForex has an additional double protection and regulation arrangement by EU, too.

Once this step is complete, you will have access to your MyHF dashboard. This is the administrative hub for your demo accounts, your live accounts, and your finances. As you can see from the table above, in most cases HotForex’s trading costs are built into the spread – though the ZERO Spread account does carry a 6 USD commission and tighter spreads. Spreads are variable at HotForex, meaning that they will get wider or tighter depending on trade volume and market volatility. And now, let’s see the top forex brokers in detail one by one, starting with the winner, Saxo Bank. While many forex trading brokers offer an excellent service, the ones in our toplist go the extra mile.

Opening an Account

HotForex broker offers customer care in 27 languages that cover trading needs and permits customers from any country to get quality support and to trade as per their requirements. As per the HotForex review, customer service is offered through phone, live chat, faqs, and email; email support is offered in a few languages. HotForex customer service response time is quick, and it offers solutions effectively.

The broker’s official figures and numbers speak volumes. With over 500,000 HotForex live accounts, HotForex has a notable user base. HotForex offers traders the MT4 and MT5 suite with an additional optional 12 tool package called Premium Trader Tools. HotForex provides negative balance protection against market volatility. Please read HF Markets Reviews below and share live trading experiences with this broker.

We advise you to read HotForex’s risk disclosure, customer agreement and terms of business before you start trading. While HotForex does not publish a table of its overnight financing fees , it does have a swap calculator – making it easy to figure out the cost of holding a trade overnight. For instance, the fee for holding 1 lot of EUR/USD overnight in a long position is 6 USD, and 0.6 USD for a short position. We still use HotForex to this day and have not had any problems with the broker. Their services are truly exceptional and the company has a great reputation, and we would recommend this broker to anyone looking for a partner they can trust. Islamic account – this one does not incur any swaps or overnight rollover fees and is applicable to Micro, Premium, Zero Spread Account and Auto accounts.

I also checked bitcoin trading however i would suggest them to keep crypto trading open seven days a week which will be very good. Rest the EURUSD, cable, gold is among my favorites and i am happy with these pairs. Still only request which i want them to notice is about crypto trading. The broker is my first broker which offers good trading pairs and the trade execution is superb. HOTFOREX broker offers two main advantages over traditional brokers. Firstly, it allows scalping or day trading on the spread, which means that traders can profit on the difference between the buy and sell prices.

#5 HFcopy Account

Our Ranked HFM Trust Score is 9 out 0f 10 for good reputation, excellent service for years and constant growth and reaches to more jurisdictions. HFM holds reliable top-tier licenses, is one of the biggest Brokerages worldwide, while the only point is International trading available via the offshore entity. No, HFM is not a scam, we consider HFM a safe broker https://limefx.biz/ due to being licensed by several top authorities including FCA, FSCA and CySEC. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

The trader should know that any perfect trading opportunity will not always happen when they are sitting in front of the computer. HotForex is a good broker that offers trading multiple assets including currencies, stocks, commodities and even cryptocurrencies. Excellent trading conditions, lightning fast execution of trades, low spreads, fast withdrawal. What I also like is their free webinars and market analyses straight from their in-house experts.

HotForex is regulated by the authorities of St. Vincent and the Grenadines, as an international business. At the same time, it is licensed by FCA, DFSA, FSCA, and FSA. The regulatory agencies are very reputable, making HotForex a broker that any trader can rely on. In general, limefx scammers the minimum deposit to open a HotForex account is just $5, though this will be based on your chosen method of payment. HotForex offers a Micro, Premium and Zero spread, AUTO, HFCOPY and PAMM Premium Accounts, along with an Islamic account from the MENA region and beyond.

It remains an unregulated but duly registered subsidiary. Since HFM has licenses from multiple world-class Forex regulators, I can confidently suggest that traders manage their portfolios at HF Markets Ltd. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. The minor drawback is that their spreads widen during rollover times and I have to be careful trading during this time.

Contact him via his email address he will put smile on your face, am very happy sharing this because i love seeing people smile again. I have traded with this broker for several years and tried many services there as Zulutrade, Zero spread and PAMM . They just intergrate MT5 few months ago and this broker always grows with new services and product every year. Many friends are using this broker for trading and investing. Hotforex is really a good broker and I highly recommend this broker for any want to start trading Forex. Great all around broker, they do offer different marketing perks, and events all through out the years, very engaging.

WebTrading Platform 🌐

Becuase bad brokers does not allows winnings of the traders. This XM broker review is from my experience trading with XM since 2010. It takes up to 10 minutes to deposit your money in your trading account in HotForex, however, it might take 2-7 business days if you are using wire transfer. It is not common for Forex brokers to offer such access, but hot Forex engages its clients in direct market access. HotForex offers its traders the opportunity to trade directly in global stock markets, offering 8 counties’ stock exchange markets, and each market has its own listed corporations’ stocks. The HotForex leverage differs among the different tradable assets, such Forex, metals, energies, stocks, indices, bonds, commodities, DMA stocks, and ETFs.

I came across this broker last year and scalp regularly on the major pairs during the new york session. Sometime, EURUSD gives me a quick move while some days GBP makes excellent profits. However there are few days where i have to wait for another profit making opportunity. The profit withdrawal system of this broker is easy allowing me to withdraw every weekend. Spreads are also fine but they seems little when compared to the total earnings. I am trading with this broker for a long time now and I can say it’s a genuine as it’s also regulated by FCA.

Mobile access is 24/7, and the mobile apps employ the latest SSL encryption technology for security. Your documents will be checked by the verifications department within 48 hours. Any deposits will be credited to the account only after your documents have been approved and your myHF area is fully activated. Initially, you will need to provide your full name, phone number, email address and date of birth.

What is the minimum deposit for HotForex?

His purpose is to help people find the best LimeFX provider. Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee. If you’re interested in more forex brokers, read 40+ forex broker reviews. HotForex Forex broker recognizes that people’s needs are different, so they have created different types of accounts for each trader. You can choose the HotForex broker without any doubt and open an account from 6 different options and start trading.

• Currently I have stopped trading for other LimeFX but still recommend hotforex.
• HotForex has been the subject of a few controversies, especially when it became public that the company has been outsourcing some parts of its brokerage operations to third-party companies.
• The traders can also choose a specific trading strategy.
• Ironically, COVID-19 has acted as a kind of savior to the forex market.
• When compared with other trading platforms, it offers six different types of accounts along with Islamic account that is preferred by the traders in the MENA region.
• Here is a screenshot of HFM quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.

They come with very generous leverage and floating spreads that differ between commodities. The Islamic account allows the traders to enter any financial market offered for any other account, using EUR and USD, which does not give the trader any accumulated gains in respect to the religious laws. HotForex provides all the tools and services needed for clients of any level to realise their trading ambitions. The forex market is accessible, it’s open 24 hours, and it’s profitable.

HotForex has been on a great upward trajectory ever since it opened its business to Forex traders back in 2008, and the broker is currently one of the widely popular LimeFXpanies in the market. The trader can operate at HotForex with floating or fixed leverage which is a useful tool, especially if the user trades a smaller lot. Using leverage offers an opportunity to increase the potential gains via the possibility to increase their balance in numerous ways. As per our HotForex review, this platform provides various leverage levels starting from small to very high ratios. The trader should always know various high risks involved in the leverage as several retail trading accounts lose money rapidly due to high leverage.