Hotforex login

Risk warning: trading leveraged products such as forex and cfds may not be suitable for all investors as they carry a high degree of risk to your capital.

Top forex bonus list

Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice. Please read the full risk disclosure.

HF markets (SV) ltd with registered address suite 305, griffith corporate centre, P.O. Box 1510, beachmont kingstown, st. Vincent and the grenadines.
HF markets (europe) ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.
HF markets SA (PTY) ltd with registered address katherine & west suite 18 second floor 114 west street sandton, johannesburg 2031.
HF markets (seychelles) ltd with registered address room 107, orion complex. PO box 1228, victoria mahe, republic of seychelles.
HF markets fintech services ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.
HF markets ltd regulated by the financial services commission (FSC) of the republic of mauritius, category 1 global business no. C110008214 license | company reg. No. 094286/GBL.

Not registered?

Contact us

About

Products

Trading

Promotions

Partners

Legal: HF markets (SV) ltd is incorporated in st. Vincent & the grenadines as an international business company with the registration number 22747 IBC 2015. The objects of the company are all subject matters not forbidden by international business companies (amendment and consolidation) act, chapter 149 of the revised laws of saint vincent and grenadines, 2009, in particular but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well as to provide brokerage, training and managed account services in currencies, commodities, indexes, cfds and leveraged financial instruments.

The website is owned and operated by HF markets group of companies, which include:

HF markets (SV) ltd with registered address suite 305, griffith corporate centre, P.O. Box 1510, beachmont kingstown, st. Vincent and the grenadines.

HF markets (europe) ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.

HF markets SA (PTY) ltd with registered address katherine & west suite 18 second floor 114 west street sandton, johannesburg 2031.

HF markets (seychelles) ltd with registered address room 107, orion complex. PO box 1228, victoria mahe, republic of seychelles.

HF markets fintech services ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.

HF markets ltd regulated by the financial services commission (FSC) of the republic of mauritius, category 1 global business no. C110008214 license | company reg. No. 094286/GBL.

Risk warning: trading leveraged products such as forex and cfds may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice. Please read the full risk disclosure.

Regional restrictions: HF markets (SV) ltd does not provide services to residents of the USA, canada, sudan, syria, north korea.

Please select the entity to proceed with your account opening.

HF markets (SV) ltd

Incorporated in st. Vincent & the grenadine as an international business company with the registration number 22747 IBC 2015.

HF markets (DIFC) ltd

Authorised and regulated by the dubai financial services authority (DFSA) under license number F004885.

Account opening options

Please select the entity to proceed with your account opening.

HF markets (europe) ltd

Regulated by the cyprus securities and exchange commission (cysec) under licence number 183/12.

HF markets (UK) ltd

Regulated by the financial conduct authority (FCA) under licence number 801701.

Contact us 24/5

About

Products

TRADING

Promotions

Partners

Legal: HF markets (SV) ltd is incorporated in st. Vincent & the grenadines as an international business company with registration number 22747 IBC 2015.

The website is owned and operated by HF markets group of companies, which include:

HF markets (SV) ltd with registered address suite 305, griffith corporate centre, P.O. Box 1510, beachmont kingstown, st. Vincent and the grenadines.

HF markets (europe) ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.

HF markets SA (PTY) ltd with registered address katherine & west suite 18 second floor 114 west street sandton, johannesburg 2031.

HF markets (seychelles) ltd with registered address room S203A, second floor, orion complex, victoria, mahe, republic of seychelles.

HF markets fintech services ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.

HF markets ltd regulated by the financial services commission (FSC) of the republic of mauritius, category 1 global business no. C110008214 license | company reg. No. 094286/GBL.

Risk warning: trading leveraged products such as forex and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice. Please read the full risk disclosure.

Regional restrictions: HF markets (SV) ltd does not provide services to residents of the USA, canada, sudan, syria, north korea.

HF markets MT4 terminal

HF markets MT4 is a user-friendly interface with interbank liquidity and fast execution which offers a number of benefits to the end user and satisfies many of the most popular trader needs with its variety of tools and resources.

A perfectly equipped workplace, this powerful platform allows traders to efficiently analyze price dynamics, make trade transactions and work with automated programs (expert advisors). All these features and more are combined into one platform that provides all you need to start trading in the financial markets.

* MT4 can be installed on mac OS through wine. Although this is not an official release by HF markets or metaquotes, it is a workaround for mac users to have the MT4 terminal on their system.

The HF markets MT4 terminal offers a number of impressive analytical tools:

Detailed analysis of quote dynamics

View multiple charts simultaneously

Ability to overlay analytical objects

Preprogrammed analytical tools

50+ built-in indicators and tools

Advantages & benefits

Ease of use through its user friendly interface.

News feeds directly into the trading platform

Encourages the use and development of expert advisors

Multilingual platform

Daily account statement

Real time client account summary, including account equity, floating profit and loss

Trailing stop loss facility.

How to install

1 download the platform here

2 run the .Exe file

3 log in to your HF markets MT4 account

How to uninstall

1 go to start menu

2 find your MT4 application in the list

3 right click on it and select uninstall

User guide on how to connect to the HF markets MT4 platform servers

User guide on how to download the HF markets MT4 platform on a mac

User guide on how to download the HF markets MT4 platform on a linux

Hotforex

Trading instruments somewhat limited

Banking options limited

No real promotions

Min deposit

Max leverage

Mini account

Bonus

Platforms

Withdrawal options

Review

Comparison

Review

Introduction

Hotforex has been around since 2010 when it was started in mauritius. They are a leader when it comes to providing forex services online, as well as being a worldwide CFD broker. They place an emphasis on their customer.

Currently, there are a number of jurisdictions in which the broker is regulated in, including the cyprus securities and exchange commission (cysec), the financial service provider from the financial sector conduct authority (FSCA) in south africa, and the financial services commission (FSC) in mauritius.

They have won numerous awards since they started their business operations, including being part of the top 100 companies list that was compiled by the world finance magazine in 2017.

On the hotforex platform, there are 27 different languages catered for.

Founded in 2010 in mauritius

Regulated by numerous respected bodies

Winner of many esteemed awards

Trading conditions

One of the key components of hotforex as a broker is to cater for all of the potential needs their customer may have. This is why they have a massively diverse range of account types available for you to choose from, with seven different options on offer, which is extremely high in this sector.

The options available to you are the micro, premium, zero, VIP, auto, hfcopy , PMAA, and premium pro accounts. Each of them has their own strengths and weaknesses, so you need to ensure that in opening an account, you choose an option that best suits your specific needs.

With the micro account, it is suitable for beginners, with a minimum deposit of $50 required, with spreads starting from 1 pips and variable spreads in general. For those looking to minimise fees and spreads, the zero account has raw spreads with 0 mark-up.

This means that you will be dealing with very tight spreads and low commissions. If you are a high roller, the VIP account could be for you as a result of the minimal fees associated with its use and very competitive spreads.

There is a minimum required deposit of $20,000 on this account type. The auto account allows you to copy automatically the advice given by the signals and indicators which are provided from expert analysis systems that have been created at hotforex.

Leverage is going to change depending on the type of account and the type of instrument you are looking to trade.

While often times hotforex has interesting bonuses and promotions running, at the moment they do not having anything of note on offer. In the past for example, if a client deposited 250 USD into his/her approved bonus scheme account he could receive a 100 % supercharge bonus credit of 250 USD. The rescue bonus applied to deposits over 50 USD. If a client deposited 100 USD, he/she could receive 30 USD as part of a rescue program. The rescue program could be used as a stop loss as there is was no limitation in using it for trading. Users were able to receive the rescue bonus after a loss cut. Unfortunately this is not a current promotion, but it may be worth looking out for such bonuses in the future.

6 different account types to choose from

Competitive spreads

Flexibility of options

Products

In terms of the trading instruments offered by hotforex, you can deal with everything from cryptocurrencies, forex, metals, indices, shares, energies, commodities and bonds.

There are more than 50 different currency pairs available and they currently have 53 different shares available as part of their offering.

53 shares available to be traded

Over 50 currency pars to be traded

Regulation

Under their official name of HF market group, they are regulated in a number of different territories.

They are a cypriot investment firm (CIF) and are regulated by the cysec (license number: 183/12). They are regulated by the FSC of the republic of mauritius (license number: C110008214) as well as being incorporated in st. Vincent and the grenadine as an international business company (license number 22747 IBC 2015), they are authorised by the FSCA in south africa (authorisation number 46632), as well as being regulated by the seychelles FSA (license number SD015).

With such wide ranging regulatory bodies approving of hotforex, you can sleep well at night knowing your funds will be kept safe.

Regulated by numerous respected bodies

Platforms

Like a lot of forex brokers, hotforex utilises metatrader as their trading platform. This is ideal for those traders who are well used to using this trading platform and it is quite easy to pick up for those who don’t have any experience using it.

There are many different features and tools available to you as part of this platform which helps to enhance the ability of the trader.

There are many different version of metatrader 4 available with hotforex, including their desktop, multi-terminal, web browser, iphone, ipad, android and general smartphone versions of the trading software.

There is also a proprietary hotforex rapidtrader API available to users which allow traders to get direct market access, as well as being able to conduct automated trading without needing to use the metatrader 4 platform.

Variety of metatrader platforms to choose from

Proprietary trading platform option

Mobile trading

As a result of being a metatrader only platform, you will able to utilise the platforms on ios and android devices, through the metatrader 4 (MT4) app which can be downloaded straight away from either the app store or the android play store. There is also a version for general smartphones that do not fall under the android or iphone categories.

There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps.

Quality mobile offering

Pricing

With hotforex, the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them. There are seven different account types in total.

For the most part, there are variable tight spreads offered at hotforex in addition to their specialised account for scalpers that are fixed spread and the automated trading account which has the same spread prices as interbank.

For their zero account in which there are no spreads, commission is charged at a tiered rate. Generally, for trades sized up to 1,000 there will be $0.08 charged per round turn, $0.80 charged per round turn for a trade size of up to 10,000 and $8 per round turn for trades sized up to 100,000.

The typical spread you can expect for EURUSD is 1.2 pips

Competitive spreads

Variety of pricing models depending on account type

Deposits & withdrawals

There are many different deposit and withdrawal options available for users of the hotforex platform. Mastercard and visa cards are of course catered for in addition to the likes of skrill, american express, neteller, mybitwallet, webmoney and bank transfers.

The minimum required deposit for a bank wire transfer is $250, with the minimum required deposit for all other options being set at $50. Hotforex do not charge any fees for these payment options.

Depositing via bank transfer will take between 2 and 7 working days whereas the other options will have their deposits processed almost instantly. In terms of withdrawals, they will start to be processed within 24 hours after the request has been submitted.

The minimum withdrawal amount is $5 for all options except the bank transfer, with the minimum withdrawal being $150. It will take the bank transfer and credit cards between 2 and 10 working days for withdrawals to be fully processed. Withdrawals made through the likes of neteller and skrill will be processed almost instantly.

Processing times are average

Payment options somewhat limited

Customer support

You can get in touch with a member of the hotforex customer support team 24 hours a day. You have the option of sending an email, talking to a representative via live chat or ringing them over the phone. There are different numbers you need to ring depending on the specific region you are located in.

There are more than a dozen languages catered for through the customer support team and the support is available five days per week. They also have a comprehensive FAQ section in which you will very likely find answers to your questions.

Customer support available 24/5

Comprehensive FAQ section

Research & education

Hotforex have an extensive education section as part of their platform to help their traders as much as possible. They have everything from live webinars to market analysis, general training videos and step by step courses.

All of these resources are available to anyone and they are ideal for those trading out their trading journey and more experienced traders alike.

Noteworthy points

Hotforex has a VPS hosting service if you need it and they have a whole host of trading tools, calculators and market analysis all in one place that will fit all of your needs.

It really is a one stop shop for all of your trading needs, as they look after the needs of their users from start to finish.

They are well respected in the industry and this is reflected by the numerous awards they win each and every year. They are involved with numerous charities, including the likes of unicef and red cross, as well as sponsoring numerous events over the years, such as the 2017 carrera cup.

The platform is easy to use and with more than 27 languages catered for, they cover most of the bases.

Support of numerous charitable organisations

Over 27 languages

VPS hosting service

Conclusion

Hotforex is a one stop shop for all of your trading needs, whether you are new to trading or have many years of experience

They have a great education centre which will allow you to educate yourself on all manners of training, as well as keeping up to date with the latest market analysis.

Their customer support team is always available to help and they have tried and trusted banking options which keep your funds safe and sound. They’re regulated by numerous respected bodies across the world and have competitive pricing across the board through their various account types.

Overall, hotforex is one of the best brokers on the scene today and are definitely a great option if you are looking for a new broker.

Comparison

Broker comparison maecenas porta rhoncus dui ut congue. Donec luctus non sem eu euismod. Ut rhoncus mauris non bibendum congue. Donec maximus ipsum a lectus sollicitudin.

Hotforex MT4 download

Hotforex MT4 is a comfortable platform for financial market trading. It has a user-friendly interface with massive interbank liquidity, so a trader has direct access to forex, commodities and other potentially lucrative markets.

Metatrader 4 has a fast execution which is necessary for scalping or other intraday trading techniques. Broker hotforex also offers VPS hosting. It means virtual private server, a server in the vicinity of broker server. A little distance between them allows to ping trading server in the milliseconds, so orders are executed fast and correctly with every possibility utilized.

Benefits MT4 hotforex

MT4 hotforex offers a lot of benefits:

Price dynamics analysis

Multiple charts at a time

Overlaying analytical objects

Programming trading and analytical tools

The platform helps to analyze price charts effectively, make financial and trading transactions, work with expert advisors scripts. It is comfortable for beginners and professionals.

You get news and expert analytics directly into the trading platform. By the way, hotforex broker partners with FX street, a reliable forex news provider. It’s renowned as a provider of unbiased and quality data.

Hotforex MT4 download

A broker-client can install platform using an official website. For hotforex MT4 download you should go to a menu “platforms” – “hotforex MT4”. Open the page and find three links:

For mac - note that mac download goes through wine

Press a button and download the MT4 version. After that, find and run the exe-file which installs a platform on your computer, notebook or mobile device. Then log in to trade.

How to connect MT4 hotforex

For the first time, you see the servers’ list, which is available for automatic connecting. It would be best if you chose a server. For example, you can connect to an “hfmarketssv-demo server”. Also, you get domain list so that you can enter a name manually. A system remembers settings, so next time you log automatically.

The broker offers five servers for live trading and 1 for demo accounts. That’s the only difference. All servers are comfortable for trading; there’s no difference what server you choose.

Also, you can connect the metatrader 4 webterminal. That’s a platform which enables trading from a web browser. You can use any browser on every operating system. No need to download anything! You get these features:

Monitoring deals and investments

Full spectrum for technical analysis

Nine timeframes and three chart types

Metatrader 4 hotforex indonesia is a platform of choice for any trader wishing to trade effectively.

Multiple trading accounts

Insurance for clients’ funds

Raw spreads with 0 markups

Earnings up to $15 per lot

Auto or manual rebate systems

Fast transactions 24/5 during the standard trading hours.

Deposit fees: hotforex does not apply any deposit fees.

Legal: HF markets (SV) ltd is incorporated in st. Vincent & the grenadines as an international business company with registration number 22747 IBC 2015.

The website is owned and operated by HF markets group of companies, which include:

HF markets (SV) ltd with registered address suite 305, griffith corporate centre, P.O. Box 1510, beachmont kingstown, st. Vincent and the grenadines.

HF markets (europe) ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.

HF markets SA (PTY) ltd with registered address katherine & west suite 18 second floor 114 west street sandton, johannesburg 2031.

HF markets (seychelles) ltd with registered address room 107, orion complex. PO box 1228, victoria mahe, republic of seychelles.

HF markets fintech services ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.

HF markets ltd regulated by the financial services commission (FSC) of the republic of mauritius, category 1 global business no. C110008214 license | company reg. No. 094286/GBL.

Regional restrictions: HF markets (SV) ltd does not provide services to residents of the USA, canada, sudan, syria, north korea.

Is hotforex a scam?

Six years of experience in the forex industry, hundreds of thousands of live accounts and dozens of employees around the world should be more than enough to convince anybody that this broker is completely reliable. However, we understand if you want to see for yourself is hotforex a scam because one can never be too careful when it comes to their hard-earned money. As a matter of fact, we are here to help you with that. Our team of financial experts took a long hard look at the company’s security system, and we are more than happy to share our findings with you. Keep reading and see if hotforex meets your security standards.

Is hotforex a scam? | license and regulation

First of all, we have to say that hotforex is fully regulated by cysec. Not only that, but the company has also been regulated in 14 different countries across europe, from portugal to estonia. Therefore, you can be sure this broker conducts its business in full accordance with the EU’s markets in financial instruments directive (mifid). Should you ever require compensation, you can turn to the ICF (investor compensation fund) on cyprus, a body dedicated to securing claims of clients who are unable to get their money from the fund’s members. Hotforex is a member of this organization, so you are pretty well covered if you ever find yourself in a situation where you can’t access your funds. However, we don’t believe that to be very likely to happen. Why? Read on and the answer to the question “is hotforex a scam?” will come to you on its own.

Is hotforex a scam? | trading platform

When trading online, it is very important that you feel comfortable and safe in your trading environment. This is where brokers’ trading platforms play a vital role. In hotforex’s case, everything is pretty simple and straightforward because this company decided to go with metatrader 4, the most reliable software in this industry today. This is another way for you to check is hotforex a scam or not, since this platform always delivers high-quality results and has proven itself over and over again in numerous occasions. Simple and intuitive design allows you to easily find what you’re looking for and the broker even introduced some additional features to expand its offer a little. You can read more about those features in our hotforex review 2016, but suffice to say that all your trades will run very smoothly here. There is no way this platform will cause any problems for you, so we can move on with our tests.

Hotforex trading platforms

Is hotforex a scam? | transfer methods

Usually, when somebody wants to know is hotforex a scam, they want to know about the transfer methods this broker has to offer and their reliability. Fortunately, we can tell you a thing or two about this topic too, because we tested every single transfer method available on their website. They can be divided into three categories: bank wire transfers, credit cards and online payment systems. The latter two offer a huge variety of choice, so don’t worry about finding the right method – you have plenty to choose from. They can all be used for both deposit and hotforex withdrawal, and we honestly have to say that no problem ever occurred. Our money was always delivered on time in its full amount. We should also say that the website has a norton security certificate, meaning that it’s completely free of viruses and malware.

Is hotforex a scam? | account types

Accounts also need to be examined if we are to determine is hotforex a scam or not. We are happy to say that the broker excels in this respect as well, because they only conduct business with the most prominent banks in the world (BNP paribas and barclays UK are good examples). Therefore, you can count on fully segregated accounts which cannot be accessed by the broker. In other words, your money is perfectly safe and available only to you. We should also say that account types here are quite numerous and diverse, but they all deliver what they promise, so you once again have loads of options in front of you. Even the unique hotforex PAMM account functions flawlessly, so you can experience forex trading from a slightly different perspective. In any case, asking is hotforex a scam now seems a bit unnecessary, but let’s dig a bit deeper and find out more.

Is hotforex a scam? | bonus policies

One last thing we want to mention in this analysis is the hotforex bonus system. Once again, you can expect a lot of options here, from initial bonus offerings and loyalty program to the broker’s own webshop. There are even contests for demo accounts where you can win real money without investing a cent. We have to emphasize here that some bonuses cannot be withdrawn, while others require certain conditions to be fulfilled before withdrawal becomes possible, so it is quite important that you inform yourself thoroughly about each offering. Luckily, this can be done very easily because the broker’s website has all the information readily available. Nothing is hidden from you, and you can easily find out everything you want to know. Is hotforex a scam? Time to wrap things up.

Hotforex zero spread account

Is hotforex a scam? | conclusion

The first thing that you notice when you start examining hotforex’s offer is the sheer number of possibilities you have while trading with them. They are also fully regulated by cysec and 14 other national regulatory bodies across europe, so from a legal standpoint they checkout completely. Furthermore, their platform is extremely reliable and their trading methods function without any problems. The company is careful to conduct its business with only the most renowned banks, which is another assurance of their reliability. So is hotforex a scam? No, we don’t believe they are. If you’re looking for a reliable trading partner, we have absolutely no hesitation when it comes to recommending this broker to you. Go ahead and open an account with them, you won’t regret it!

Hotforex demo account - opening tutorial and review

Opening a HF markets demo account is a very natural and simple process to consider when you are thinking of trading through any of the hotforex account types in the future.

Also known as hotforex, HF markets is a top forex broker, and one with many options when it comes to trading, and you check our hotforex review to find them all if you wish.

If you are considering opening a HF markets live account, then a forex demo account can be a really great learning experience for you.

Luckily, we have prepared this complete tutorial, including images for you to follow when opening your HF markets account. This should help ensure the smoothest process possible.

72.90% of retail CFD accounts lose money

HF markets demo account opening tutorial

Taking the first steps to opening your HF markets demo account are really quite easy. Nevertheless, this can be genuinely confusing or daunting for some. This is especially true if you have never traded before, not even on a forex trading demo account.

In that case, relax and follow our step by step tutorial of opening a HF markets demo account.

Step 1 – getting started with your HF markets demo account

The very first step in getting your HF markets demo account up and running is to head on over to the home page. The address here will differ slightly depending on the focus of your trading.

If you are EU-based and trading under cysec regulation, then you will head over to the HF EU site. This is where we will primarily focus our attention, however HF markets and hotforex share the same demo account opening process. If you are not based within the EU, or you don’t know under which regulation you’re in, there’s nothing to worry about: this broker, once you try to access to their website, automatically redirects you to the right branch.

Once you have reached the homepage, as shown below, simply click on the demo button as highlighted in the top right corner.

From there, you will navigate through one information page where you should select if you are a new or existing client. You are then ready for the next step.

Step 2 – fill in registration form

The HF markets demo account registration form is slightly longer than some other top forex brokers in that you should enter your basic personal information together with your country of residence, date of birth, and which regulatory body you fall under. This is still all relatively simple and you should be sure to enter a verifiable email address and telephone number to make sure you can get started.

Once you have filled this form, actually you are almost there to having your HF markets demo account open and ready to trade.

Step 3 – HF markets demo account – what documents/information do you need?

As this is still your demo account, you will not require any documents to be verified in order to get started, although if you are thinking about opening a HF markets live account soon, it does not hurt to prepare ahead of time!

What you will need to do is verify the email address you used to sign up. Clicking on the activation link here as described below, will generate the information you need to log into your HF markets dashboard and trade with your demo account.

Step 4 – confirm the account via email/telephone

As mentioned above, your email will have to be verified. Simply go to your inbox and click on the link in the email you received. It is completely safe and an example is shown below.

Once you have done this, you will be automatically logged into your dashboard and a new ID and password generated for you.

The only thing to be careful of in this step is to make sure you also check your junk email folder when receiving the confirmation email as they can sometimes become stuck there.

Your very first login to your demo account should happen automatically when you click the activation link in your email. From here, your next stop will be your account dashboard.

Once you have reached your account dashboard, simply click on “open demo account” one more time from the taskbar above under “my accounts”. Once you have done this, you should see the following confirmation page which also includes a link to download your MT4 platform, and your trading platform login information.

Step 6 – choosing your HF markets demo account platform

HF markets is a metatrader broker, and although they do also operate their own multiterminal, the only platform of choice for you as a HF markets demo account holder is to download the MT4 trading platform.

A link will be provided for you to conveniently do this as shown above.

72.90% of retail CFD accounts lose money

HF markets demo account review

Now that you have hopefully succeeded in getting your HF markets demo account up and running, let’s analyze a few of the more detailed points related to the account itself, while you can check our hotforex broker review for a more general guide on this player.

What types of HF markets demo account are available?

With HF markets, there is typically no restriction on the type of demo account which you can operate. This means that you can usually select between all of the available account types when choosing your demo account.

This selection will only differ depending upon your regulatory area, with the options available through cysec and FCA will be slightly different from what you can access through world markets.

HF markets demo account features, restrictions and differences with live account

Luckily, both hotforex and HF markets live accounts provides for all of the same benefits as a live account. The demo account is basically an identical replica of what you can expect from the HF markets live account.

Unlike some other brokers, the demo account also comes as unlimited. You can continue to use up to 3 demo accounts for as long as you please. These provide the ideal access to $100,000 virtual funds to hone your trading skills on MT4. If you are based under the regulation of FCA (UK), SV (saint vincent), or FSCA (south africa), you will have the additional freedom to trade with MT5.

The major difference of course, as with any demo forex trading account, is slippage. This can sometimes occur, particularly during busy or volatile market periods of live trading. These cannot be simulated through a demo account, and so, this is the only small difference to look out for.

Advantages of trading with an HF markets demo account

Of course, we should take a moment to consider the many benefits which come attached to trading with a HF markets demo account.

The first and most obvious benefit is the fact that you are trading without risk. You are also doing this under conditions which exactly replicate the real-life, live account situations. This experience can be invaluable in helping improve your trading skills, and getting to know what works and what doesn’t when trading forex.

With both MT4 and MT5 (in most cases) available, and without limitation for up to 3 demo accounts, you also have a fantastic opportunity to learn all about these great platforms. They can also be used to continually test any of your strategies prior to implementation with a live account. This is something which could also save you both time and money.

72.90% of retail CFD accounts lose money

HF markets demo account management

The final element related to HF demo account opening which we will cover is how to manage certain situations which may occur during the running of your account once it is open.

Expiring time

This is not generally something which you need to worry a great deal about since the demo account is unlimited in terms of how long you can leave it open and trading. The issue may occur though if your demo account is open and inactive.

After 29 days of no trading activity on your demo account, it will be closed without notification.

Restoring expired demo accounts

Again, restoring your HF markets demo account is not something you typically need to worry about due to the fact that the period of operation is unlimited.

As mentioned above, if it happens that you pass 29 days without trading, your demo account will be closed. Unfortunately if this happens, there is also no way to restore your previous demo account, although you can open up to 3 separate demo accounts at any one time.

Finally, as happens to all of us from time to time, if you lose any of your login details such as HF markets password, the best thing which you can do is contact the HF markets support team. They are always available to help.

72.90% of retail CFD accounts lose money

Hotforex review

9 november 2020 - kate leaman

In this review of hotforex, we explore a broker that has been operating since 2010, spans 180+ countries, and offers both STP and ECN trading platforms. As a hybrid broker, hotforex can offer full transparency and lower spreads. Paired with licenses from trusted institutions, this gives you a safe and stable trading experience. At hotforex, you’ll also find a wide range of tradable assets making them a great option if you’re looking to diversify or safeguard your portfolio. They also provide rewarding bonuses, trading tools, and analysis.

150+ tradable instruments

STP and ECN platforms available

Regulated by several institutions

Best broker for portfolio diversification

Doesn’t provide service to the citizens of the USA, canada, and more

Hotforex overall scores

In this review, you can find all the information you need to decide whether hotforex is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how hotforex scored in each of our high-priority categories.

Brokers available in united kingdom

Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts. Since 2015, we’ve reviewed over 200 forex brokers.

Is hotforex a scam?

Is hotforex a scam? | license and regulation

Is hotforex a scam? | trading platform

Hotforex trading platforms

Is hotforex a scam? | transfer methods

Is hotforex a scam? | account types

Is hotforex a scam? | bonus policies

Hotforex zero spread account

Is hotforex a scam? | conclusion

So, let's see, what we have: the all-in-one account management solution which allows complete control over your trading and financial operations. At hotforex login