HotForex is an online Forex broker with a global footprint. It provides No Dealing Desk (NDD) execution and Straight Through Processing (STP) as standard.

HotForex ( offers a wide range of online trading accounts to suits the needs of retail clients whether they are new or experienced traders alike. These include:

  • Micro account: an account designed with new traders in mind. It comes with a low $5 opening deposit, flexible leverage up to 1:1000 and small trading sizes.
  • Premium account: an account for experienced traders. It comes with larger trading sizes. Open an account from a low $100 deposit and enjoy flexible leverage up to 1:500.
  • Auto account: automatically copy signals from the MQL5 Community with an Auto account. Subscribe to both free and paid signal providers through MetaTrader 4.

All HotForex accounts come with floating spreads, starting from just 1 pip. At the time of writing, EURUSD spreads fluctuated around 1.2 pips. HotForex also offers a Zero Spread account, with tighter spreads plus a fixed commission, ideal for scalping.

HotForex ( Micro, Premium, Zero and Auto accounts are also available in Islamic format. These accounts incur no swap or rollover charges on overnight positions. Please note that HotForex reserves the right to apply a carry charge on selected currency pairs held overnight beyond 7 days. Please speak to a HotForex advisor for details.


HotForex now supports both MetaTrader 4 and 5. MetaTrader 5 offers a broader range of indicators, order types and faster platform speeds thanks to its 64-bit multi-threaded processor. You may also create your own indicators and Expert Advisors using the MQL5 language.

Both platforms, built for Windows PCs, can run on a Macbook with the help of an emulator. MetaTrader 4 and 5 are also available as apps for your Android, iPhone or iPad devices. Alternatively, you may also place orders online through


Over the years, HotForex has received over 20 awards from respected financial titles and awarding bodies. Recent awards include:

  • Best New Forex Broker in South Africa 2016, Global Banking and Financial Review Awards
  • Best FX Online Broker 2015, New Europe Magazine
  • Best Customer Service 2015, European CEO Awards
  • Best Client Funds Protection Broker Award 2015, MENA Dubai FX Show

Security of funds

Security of funds is a priority for HotForex ( Client funds are held separate from the company's own fund, with reputable banking institutions. These funds are held off balance sheet and cannot be used to pay back creditors in the unlikely event of default. In addition, HotForex provides its regulators with quarterly updates on its financial position and the manner in which it meets its capital requirements.


The HF Markets Group operates through three different companies for regulatory reasons:

  • In the European Economic Area (excluding Belgium), Switzerland and Mauritius, HotForex operates through HF Markets (Europe) Ltd. The compant is registered with several national regulators including the FCA in the UK, CySEC in Cyprus, BaFin in Germany and the ACPR in France. Clients of HF Markets (Europe) Ltd are covered by investor compensation funds.
  • In South Africa, HotForex operates through HF Markets SA (Pty) Ltd, a company incorporated in South Africa and authorised to act as a Financial Services Provider by the Financial Services Board ("FSB") with FSP Number 46632.
  • Across the rest of the world, HotForex operates through HF Markets (SV) Ltd, a company incorporated in St. Vincent & the Grenadine as an International Business Company with registration number 22747 IBC 2015. It welcomes traders from all countries, with the exception of the USA, Canada, Sudan, Syria, North Korea.


  • Asset classes
  • # Currency pairs47
  • Forex
  • Gold and Metals
  • Oil and Energy
  • Commodities
  • Stocks
  • Indices
  • Bonds
  • Securities
  • Forex CFDs
  • Forex Futures
  • Forex Options
  • Demo account
  • Has a demo?
  • Demo size100000
  • Time limitUnlimited

Trading platforms

  • Trading platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • Currenex
  • ZuluTrade
  • Copy trading
  • Mirror trading
  • Web or PC
  • Software download
  • No download
  • Mac friendly
  • Apps
  • Android
  • iPad
  • iPhone

Funding Methods

  • Deposits & Withdrawals
  • Bank transfer
  • Credit card
  • Debit card
  • Boleto
  • China UnionPay
  • FasaPay
  • Skrill
  • WebMoney
  • Yandex Money


  • Company information
  • Legal nameHF Markets (SV) Ltd
  • HeadquartersSt. Vincent & the Grenadines
  • Incorporation2010
  • Regulators
  • Segregated accounts
  • CyprusCySEC 183/12
  • FranceACPR No. 74492
  • GermanyBaFin No. 132342
  • MauritiusNo. C110008214
  • South AfricaFSB No. 46632
  • UKFCA No. 600473

Note: payment methods depend on the entity with which you open an account, as well as your country of residence. Please visit the company's website for all payment methods.

Micro Account

Open account

Premium Account

Open account

Islamic Account

Open account

ReviewTrade Forex as well as CFDs on cryptocurrencies, shares, indices and metals on floating spreads without commission. This account, designed with new traders in mind, comes with smaller trading sizes and a lower initial deposit.Trade Forex as well as CFDs on cryptocurrencies, shares, indices and metals on floating spreads without commission. This account, designed for experienced traders, allows you to trade up to 60 lots per position.Trade Forex as well as CFDs on cryptocurrencies, shares, indices and metals on floating spreads without commission. This account, designed for Muslim clients, does not incur swap or rollover charges for holding positions overnight. Terms and conditions apply.
PlatformsMT4, MT5MT4MT4
Minimum deposit$5$100$100
5 decimals
Leverage (flexible) ?1:10001:5001:500
Min. trade size (lot)
Max. trade size (lot)76060
Max. open positions150 orders300 orders300 orders
Margin call (%)40%50%50%
Stop out level (%)10%20%20%
Swap-free account
Interest on balances (%)0%0%0%

Important: please visit the broker's website for their terms and conditions.

100% Supercharged bonus (up to US$ 50,000)

Applies to every deposit over US$ 250. Increases your account's leverage and allows you to earn daily cash rebates of US$ 2 per lot.

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100% Credit Bonus on Every Deposit (up to US$ 30,000)

Increases your account's leverage and can be withdrawn if volume requirements are met. This bonus effectively sets the stop out level on cash balance to zero. Applies to every deposit over US$ 100 into Micro, Premium, Islamic, FIX and Currenex accounts.

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30% Rescue Bonus on Every Deposit (up to US$ 7,000)

Increases your account's leverage and protects it against losses, but cannot be withdrawn. Applies to all deposits over US$ 50.

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HotForex Demo Contest

Every month, HotForex rewards the best demo traders with real money cash prizes up to US$ 3,500. Open a demo account today to take part.

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HotForex Traders Awards

Every month, HotForex will reward the best trader on its platform with a US$ 1,000 cash prize and feature the top 10 traders on its awards page. To take part: open a live account, maintain a balance of at least US$ 500 and register with the contest.

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Free Autochartist

Autochartist scans the market and alerts you to opportunities in real time as soon as a Chart or Fibonacci pattern is identified. HotForex offers Autochartist on a complementary basis to clients who meet net deposit and balance requirements. Alternatively, you may request a 30-day Autochartist demo trial (available with a 5 candlesticks delay).

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HotForex Forex Trading e-Course

Learn the basics of Forex trading, how to read and interpret charts, the fundamentals of technical analysis and common Forex trading strategies with this e-course. Open a live or demo account to access the material free of charge.

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Free VPS hosting when you deposit US$ 5,000 or more

Deposit a minimum of US$ 5,000 and maintain this amount over subsequent months to qualify for free standard VPS hosting which includes 512MB RAM (1GB burst), 20GB hard drive, 1.1 GHz CPU and unlimited bandwidth. Or unlock free advanced VPS hosting when you deposit over US$ 8,000. Advanced VPS hosting comes with 1GB RAM (2GB burst), 50GB hard drive and 2 x 1.1GHz CPU.

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Free Account Funding

Even though HotForex imposes no fees on deposits, your bank most likely will. If this happens, send HotForex a copy of your receipt and HotForex will cover the charges.

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