HotForex Review

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

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HotForex ( offers 9 online trading accounts to suits the needs of retail and institutional clients.

  • New traders: if you're new to Forex trading, you could open a Micro account. It comes with a low $5 opening deposit and high leverage up to 1:1000.
  • Experienced traders: HotForex offers Premium and VIP accounts for investors looking to open larger positions on tighter spreads. A Currenex account with spreads from 0.2 pips is also available for a $500 minimum deposit.
  • Fixed or floating spreads: open a FIX account with HotForex to enjoy low fixed spreads from 1.8 pips on EUR/USD. All other HotForex accounts come with floating spreads. HotForex FIX spreads remain unchanged 99.73% of the time but may widen during majors news announcements.
  • Social trading: open an HF Social Account to connect with over 250,000 other traders, follow and copy their successful trades. HotForex provides this service through FxStat, and FxStat applies a 1 pip mark-up over premium spreads.

HotForex ( Micro and Premium accounts are available in Islamic format for clients of Muslim faith. These accounts incur no swap or rollover charges on overnight positions. 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.


MetaTrader 4. HotForex supports MetaTrader 4 (MT4), the world's most popular retail FX trading platform. The HotForex MT4 Terminal allows you to trade Forex, CFDs and Futures in one place. The MYFX trade manager, built on top of MT4, is available free of charge for deposits over US$ 2,000.

MT4 is officially supported on Windows and runs on Mac OS through Wine. MT4 is available available as an app for Android, iOS and Windows Mobile devices. Visit for a detailed guide to installing MT4 on your operating system.


Over the years, HotForex has received over 16 awards from respected financial titles and awarding bodies. Recent awards include:

  • 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 in segregated accounts with reputable banking institutions such as Barclays and the State Bank of Mauritius. In addition, NinetyEast Fund Services Limited, a third party fund administrator, independently administers client funds. This provides an additional layer of security and scrutiny as withdrawal requests must be approved jointly by HotForex and the fund administrator.


HF Markets Ltd. is regulated by the Financial Services Commission (FSC) of the Republic of Mauritius. Under the terms of its Category 1 Global Business License, HotForex ( has the right to manage financial assets, act as a broker, make deals and conduct transactions in currency, stock and futures markets.

In Europe, HF Markets (Europe) Ltd is registered with several national regulators including the FCA in the UK, BaFin in Germany, ACPR in France and CySec in Cyprus.

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  • Asset classes
  • 47# Currency pairs
  • Forex
  • Gold and Metals
  • Oil and Energy
  • Commodities
  • Stocks
  • Indices
  • Bonds
  • Securities
  • Forex CFDs
  • Forex Futures
  • Forex Options
  • Demo account
  • Has a demo?
  • 100000Demo size
  • UnlimitedTime limit

Trading platforms

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

Funding Methods

  • Deposits & Withdrawals
  • Bank transfer
  • Credit card
  • Debit card
  • Alipay
  • Bitcoin
  • Boleto
  • CashU
  • China UnionPay
  • DixiPay
  • FasaPay
  • FilsPay
  • MoneyGram
  • MTS
  • NetBanx
  • PayCo
  • Payeer
  • PayPal
  • paysafecard
  • Paysbuy
  • Payza
  • Paxum
  • Perfect Money
  • Przelewy24
  • Qiwi Wallet
  • Skrill
  • SorexPay
  • Ukash
  • WebMoney
  • Western Union
  • Worldpay
  • Yandex Money


  • Company information
  • HF Markets LtdLegal name
  • Ebene, MauritiusHeadquarters
  • 2010Incorporation
  • Regulators
  • Segregated accounts
  • CySEC 183/12Cyprus
  • ACPR No. 74492France
  • BaFin No. 132342Germany
  • No. C110008214Mauritius
  • FSB No. 46632South Africa
  • FCA No. 600473UK

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Trading foreign exchange, contracts for differences or spread bets on margin carries a high level of risk and may not be suitable for all investors. You could sustain a loss of some or all of your funds if the markets move against you. For this reason, you should not invest more than you could afford to lose. does not accept deposits, advise on investments, deal in investments (as agent or principal) or arrange deals in investments. Information published on this website and in our external communications is factual and for information purposes only. It does not constitute financial advice under the Financial Services and Markets Act 2000. is owned by Hades Capital Limited, a company registered in England under number 08176698.