First I’d like to thank Gift Mbele for his assistance his help was very helpful to me.he made my experience very gud.i rate hfm the best broker with their service. In addition to a universal free phone number, there are also separate toll-free phone numbers for specific countries. These are available for Russian, Chinese, Brazilian, Taiwanese, Indian, Indonesian, Nigerian, and Turkish clients. HotForex does, however, charge an inactivity fee on all accounts that remain dormant for more than six months. If your account is unused for between hotforex broker six months and one year, a $5 fee is charged.
How to Start Day Trading as a Complete Beginner?
HF Markets has a team of seasoned market analysts with over 25 years of expertise who provide the most up-to-date market analyses and forecasts with traders. This includes an in-depth fundamental analysis of news releases, technical analysis of several asset classes, and special reports. HF Markets offers a variety of educational resources targeted at increasing traders’ knowledge and skill. With free live webinars, market analysis, instructional videos, trading courses, and more, there is something for every level of trader. I think they have a good selection overall but not quite as comprehensive as what IronFX have to offer. HFcopy is a powerful trading software that allows traders to band together and work as partners to master the markets.
HFM (HF Markets) has earned a rating of 4.3 out of 5 on Trustpilot. After carefully examining the reviews, we found that most of them are genuine, provided by real users sharing their real-life trading experiences. We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker.
HotForex payment methods
- Our comprehensive 2025 review covers trading fees, pros and cons, and everything you need to know before opening an account with our trusted forex broker.
- Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com.
- Another aspect of HotForex that its clients appreciate is its Customer Support.
HotForex provides a range of research tools suitable for all strategy types. All reviews, research, news and assessments of any kind on The Tokenist are compiled using a strict editorial review process by our editorial team. Neither our writers nor our editors receive direct compensation of any kind to publish information on tokenist.com. Our company, Tokenist Media LLC, is community supported and may receive a small commission when you purchase products or services through links on our website. Click here for a full list of our partners and an in-depth explanation on how we get paid.
We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. Is a regular dad trying to be smart about how we play and win in this big game of life.
Does HotForex offer Islamic accounts?
You can trade the likes of Bitcoin/US Dollar, Ethereum/Euro, and Litecoin/US Dollar with just $1 commission. When it comes to indices, this HotForex review has shown that the broker charges a $1 round turn commission on every lot opened. Spreads on indices are also variable and range from a minimum of 0.04 pips to a maximum of 11.3 pips. Perfect for new traders looking to practice and test strategies with lower risk. In case you decide to deposit using a wire transfer, HFM broker will pay for bank transfer fees in case your deposit is greater than $250.
What is HFM (HotForex)?
- HFcopy is a powerful trading software that allows traders to band together and work as partners to master the markets.
- We’ve observed numerous brokers on FPA, and most brokers tend to have lower ratings.
- One key advantage of utilizing HotForex to trade in this market is the absence of foreign exchange exposure.
- 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.
- Hotforex has the tightest spreads in its zero spread account starting from 0 pips and oscillating around 0 – 0.3 on major pairs (EURUSD, GBPUSD, USDJPY).
Our services are available to everyone free of charge, but we do receive compensation from some of our partners for referring clients to them. Our HotForex review team found that this online broker is serious about helping new and veteran traders alike, as they offer an extensive range of educational materials. Features include a full-time online course, webinars, and educational events suited to all levels of trader.
Excellent account officer’s…
Of course, where there is opportunity to make money there will be scams. This means that you must do your due diligence to find a reputable broker, first and foremost. Verification can help ensure real people are writing the reviews you read on Trustpilot. We use dedicated people and clever technology to safeguard our platform.
Founded in 2010, HFM is a renowned broker with multiple regulations and ultra-fast executions of over 1000 trading instruments on its proprietary and MetaTrader platforms. The broker has received over 60 industry awards for outstanding performance. You may access the raw pricing trading environment without a dealing desk from any device.
HotForex customer support
Review updates ensure that all the information we provide is current and correct. The maximum number of simultaneous positions allowed on HotForex is 500, whereas the maximum order size is 60 standard lots per position. All account types offer fractional pip pricing at the fifth decimal, resulting in more accurate pip quotes. To open an account with HotForex, you’ll need to provide proof of identity and proof of address to have a live account.
To help you take advantage of this, HotForex offers a wide range of commodities and indices. With the Zero account, typical spreads are EUR/USD 0.3 which come with a commission of about 0.6 pips per trade, bringing fees to a total of 0.9 pips. Our primary goal at The Tokenist is to simplify the word of financial decision-making, so that investing is not only easy – but also fun. In doing so, we often feature products or services from our partners.
The broker positions itself as the preferred forex broker for traders from all over the world. The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review. HF Markets have a decent selection of trading guides that can help you to learn more about the markets in an easy to digest way.
Depending on your trading needs, this broker might be just for you. In recent years, the lack of volatility in the forex market caused trading volume to wane. By adhering to stringent regulatory standards and implementing robust security measures, HFM creates a safe and reliable trading environment for its global clientele.