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Brokerage firm HotForex

 

HotForex has been an integral part of the brokerage industry over the past decade. It sees its mission as a promise to its customers and provide the best customer service by nurturing an outstanding, customer-centric culture. This is the best way for them to turn their vision into reality and maintain their position as a market leader known for its outstanding customer service.

HotForex was launched in 2010 and focuses on the MetaTrader platform. HotForex is a unified brand of the HF Markets Group. Outside the European Union, it has evaded in South Africa, Seychelles, Mauritius, St Vincent and Grenadines.

HotForex is also an award-winning broker for commodities and foreign exchange. It provides trading facilities and services for both retail and institutional Forex clients. HotForex account types, trading software and tools are offered to their clients in various forms so that they can trade in foreign exchange and derivatives online.

Automated trading platforms allow users to access various spreads and liquidity. HotForex offers a variety of account options to serve customers of all kinds and meet the needs of any customer with or without trading experience.

HotForex Broker Review

Forexbrokers.com describes a HotForex investment as an average risk with a trust score of 80/99. As one of the many restrictions of Forex brokers, HotForex is also not publicly traded and does not operate a bank.

In addition, HotForex has analysis and trading tools that have been developed and outsourced. FxStreet delivers its Forex messages and its Autochartist device contains a volatility analysis. The MT4 comes standard for Android and iOS and is available from MetaQuotes Software Corporation on Apple’s App Store and Google Play Store.

Let’s learn more about Offers, Unique Features and Features of Hotforex so you know what’s going on in the world of Forex brokers.

Benefits

✔ regulated as a Forex broker and has additional licenses outside the European Union

✔ Has a Premium Dealer Tools Offering for its MT4 Platform

✔ Provides MT4 platform in desktop and web (with a desktop version that supports the Automated Experts trading system)

To think about it

• Has a small selection of markets (Forex 24/7 and cryptocurrency on weekdays)

Mixed pricing for different account types

• Offers only 51 currency pairs

Advantage factor

▪ offers the most comprehensive account type options HotForex offers seven account types: Micro, Premium, Zero Spread, Auto, Pamm, HFCopy and Islamic

Conclusion

HotForex is best known as a MetaTrader or MT4 Forex broker, which has a number of account types and available asset classes, including self-developed and outsourced research tools that traders will most likely use to their trading advantage. HotForex is regulated inside and outside the European Union and has expanded its markets over the years.

However, HotForex is a large broker company and still needs to offer CFDs other than Forex. In addition, it only offers the MT4 platform for forex trading. However, it is also important to offer an average spread for all account options.

Aside from these setbacks, HotForex is an appropriate consideration for a Forex investment for beginners and experienced traders looking for reliable Forex customer service and an impressive MT4 trading platform.