Review hotforex indonesia

HotForex Review.

Whether you’re new to the world of Forex, or a seasoned trader, it pays to keep on top of the latest reviews. Which is one of the reasons you’ll find plenty of reviews on the web. Here at topratedforexbrokers, it is our aim to keep interested parties up to date with the latest information. Forex is an ever changing world, and in order for it to be exciting and hopefully profitable, traders have to keep their fingers on the pulse and stay abreast of the latest news. This HotForex review is honest and full of the latest information, and will help you pick the best Forex broker for your needs.

HotForex is actually the brand name of HF Markets (Europe) Ltd, which is a Cypriot Investment Firm, regulated by CySEC (Cyprus Securities and Exchange Commission). It is also governed by the Markets of Financial Instruments Directive of the EU.

What is HotForex?

HotForex is an award winning Forex and commodities broker. For retail and institutional clients, it provides trading services and facilities. Various account types are offered, along with trading software and tools to assist customers who want to trade Forex and CFDs online. State of the art automated trading platforms are used, giving clients the opportunity to view interband spreads and liquidity.

HotForex is able to offer all the tools and services needed to make a trader’s life easier and to aid in the realization of their trading ambitions. Since the brand first entered the world of Forex trading, it has been scooping awards left, right and center. Here are just a few of them:

Best Forex News and Analysis Provider 2016 – Mena Dubai FX Show Best FX Online Broker 2015 – New Europe Magazine Best Customer Service 2015 – European CEO Awards Best Forex Broker in China 2013 – CIOT Expo Best Online Broker Asia 2013 – World Finance Magazine Top 100 Companies – World Finance Magazine.

There are a number of valid reasons to choose HotForex as your Forex broker, and the most significant ones are that there is a good opportunity to trade in smaller volumes, which is great if you’re a beginner, or your Forex trading budget is limited. Customer support is excellent, and there are a number of interesting HotForex bonuses available. Spreads are low and deposit limits are minimal.

Different types of account with top-rated HotForex.

With HotForex there are more than just a couple of account options, which means that most traders will be able to find one that suits their needs.

For new customers the best option is to open a Micro account. The minimum deposit is just $50, and the maximum leverage is 1:1000. Spreads are variable and start at 1 pip.

Forex trader’s with a little more experience under their belt will be better off looking at Premium and VIP accounts. These are an excellent option for traders who prefer to open larger positions on tighter spreads. All three of these accounts require a minimum deposit of $500.

For traders who prefer to trade with a fixed spread there is a Fixed account. This type of account has low fixed spreads, maximum leverage of 1:400, and a minimum deposit of $500.

Social trading has become a very popular option, and with HotForex, traders can connect with more than quarter of a million other traders, following and copying their successful trades. The trading platform that is used is the very popular FxStat.

HotForex offers following accounts to their customers:

Micro Account: $50 deposit, 1:500 leverage, spreads from 1 pip Premium Account: $500 deposit, 1:400 leverage, spreads from 1 pip Zero Account: $100 deposit, 1:200 leverage, spread from 0 pip Fixed Account: $500 deposit, 1:400 leverage, fixed spread VIP Account: $20,000 deposit, 1:300 leverage, spreads from 0.2 pips Auto Account: $500 deposit, 1:400 leverage, spread from 1 pip.

Micro Account: $5 deposit, 1:1000 leverage, spreads from 1 pip Premium Account: $500 deposit, 1:400 leverage, spreads from 1 pip Zero Account: $100 deposit, 1:200 leverage, spread from 0 pip Fixed Account: $500 deposit, 1:400 leverage, fixed spread VIP Account: $20,000 deposit, 1:300 leverage, spreads from 0.2 pips Auto Account: $500 deposit, 1:400 leverage, spread from 1 pip PAMM Account: $250 deposit, 1:300 leverage, spread from 1 pip.

European clients cannot receive Bonuses and apply for the PAMM account.

HotForex offers a variety of trading platforms.

With HotForex there are a number of different options, depending on the way you prefer to trade. There is the ever popular MT4 trading platform, available for downloading directly onto a trader’s desktop. This platform is also available in smartphone, PDA, and iPhone versions. In fact, if you prefer to trade while travelling to work, or while sitting in the garden HotForex is very mobile friendly.

The features that make HotForex so attractive.

Many of the most popular broker websites offer an education program that is second to none. While HotForex may not concentrate all their efforts on trader education, there is still a more than ample education center, which includes a number of well known trading tools. We didn’t have the time to look at all of them, but we found some of the most notable ones to be the Risk and Reward Calculator, the Pip Value Calculator, and the HotForex App.

The benefits of using HotForex.

Trading conditions are very favorable Unlimited earning potential Top notch and very informative trading tools A wide range of account types to suit different traders Platforms that are convenient and easy to navigate Trading is safe and secure – Licensed and regulated by CySEC, with clients funds held in segregated accounts.

“HotForex has made further efforts to safeguard its liabilities against Clients and other third parties with a Civil Liability insurance program for a limit of €5,000,000, which includes market leading coverage against errors, omissions, negligence, fraud and various other risks that may lead to financial loss. There is no additional cost to our clients for this cover.”

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HotForex Review 2017.

REVIEW OVERVIEW BONUS & PROMOTIONS USER REVIEWS.

HotForex Review.

HotForex Review.

Founded in 2010, HotForex is an online forex and CFD global broker. Over the years, HotForex has grown into one of the leading online forex brokers in the world. The key to their success is their focus of being “Customer Centric”. While it is easy for a broker to promise to deliver quality services to their clients, not many brokers are actually able to do as they have professed. However, this is not the case with HotForex. The broker has to date been able to offer exactly what their clients need. The services and products are all tailored to the specific needs of its clients hence enabling HotForex to earn a name for itself as a trustworthy and reliable broker.

HotForex Video Review.

HotForex Regulations.

HotForex is a unified brand name of the HF Markets Group regulated as follows:

HF Markets (SV) Ltd incorporated in St. Vincent & the Grenadine as an International Broker Company with the registration number 22747 IBC 2015. HF Markets (Europe) Ltd a Cypriot Investment Firm (CIF) under number HE 277582. Regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 183/12. 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. HF Markets SA (PTY) Ltd is an authorized Financial Service Provider from the Financial Service Board in South Africa, with authorization number 46632.

HotForex Reliability.

In terms of HotForex’s reliability, HotForex clients’ deposits are protected.

under the requirements of its regulators under a Market Leading Insurance.

program. The Company has made efforts to safeguard its liabilities against.

Clients and other third parties with a Civil Liability insurance program for a.

limit of €5,000,000, which includes market-leading coverage against errors,

omissions, negligence, fraud and various other risks that may lead to financial.

loss. There is no additional cost to our clients for this cover.

HotForex’s policy of negative balance protection means that even.

under highly volatile conditions when margin calls and stopouts do not.

function correctly, no client is responsible for paying back a negative balance.

They offer industry-leading security of funds, accomplished through only.

using major global banks and keeping funds segregated to ensure that client.

funds are not affected should HotForex itself have any problems.

HotForex Trading Platforms.

For its trading platform, HotForex uses the MetaTrader 4 (MT4) trading platform supplied by MetaQuotes Software. In fact, many have considered the MT4 platform to be the industry standard trading platform due to its high adoption rate by brokers from all over the world. Forex and CFDs traders are also partial to the MT4 platform as it offers a wide selection of tools and features which are designed to enhance the traders’ trading ability. For example, the MT4 supports multiple market order types and automated trading through the use of Expert Advisors. It also comes integrated with a comprehensive charting package and a large library of technical indicators. Currently, the MT4 platform is available in several versions such as:

MT4 Desktop MT4 Multi Terminal MT4 WebTrader MT4 iPhone Trader MT4 iPad Trader MT4 Android Trader MT4 Smartphone Trader.

Apart from the MT4 platform, HotForex has also provided its traders with the HotForex RapidTrader API. The platform is powered by Integral and offers traders direct market access as well as automated trading capability outside the MT4 trading environment.

HotForex Mobile Trading.

In addition to desktop trading, HotForex also supports mobile trading over a wide range of mobile devices with the MT4 platform. iOS, Android, and Windows-powered devices can also download and install onto their mobile devices. The mobile trading apps for Android and iOS powered devices can be downloaded from Google Play Store and Apple’s App Store respectively. As for Windows-powered devices, the installer can be downloaded directly from HotForex’s website.

HotForex Trade Types/Instruments.

As for the trade types that are available at HotForex, traders can trade the spot markets, futures market and Contract for Difference (CFDs). The types of assets covered by HotForex include currency pairs, precious metals, crude oil, Indices, equities, cryptocurrencies and commodity CFD’s.

HotForex Account Types.

To cater to all its clients trading needs, HotForex has provided different types of trading accounts for them to choose from. These include:

Micro Trading Account.

Min Deposit $5* Leverage Available: 1:1000* Variable Spread Max Simultaneous position: 150.

Premium Trading Account.

Min Deposit $500 Leverage Available: 1:400 Variable Spread Max Simultaneous position: 300.

Zero Trading Account.

Min Deposit $100 Leverage Available: 1:200 Variable Spread Max Simultaneous position: 500.

Fixed Trading Account.

Min Deposit $500 Leverage Available: 1:400 Fixed Spread Max Simultaneous position:300.

VIP Trading Account.

Min Deposit $20,000/€18,500 Leverage Available: 1:300 Variable Spread Max Simultaneous position: 400.

AUTO Trading Account.

Min Deposit $500 Leverage Available: 1:400 Variable Spread Max Simultaneous position: 300.

PAMM Trading Account**

Min Deposit $250 Leverage Available: 1:300 Variable Spread Max Simultaneous position: 350.

*For clients of HF Markets (Europe) Ltd, the minimum deposit is set at $50.

Leverage is set to a maximum of 1:500 and always depends on the.

appropriateness status of the client.

**Only available for Clients of HF Markets (SV) Ltd.

A demo account is also provided to potential traders who want try out HotForex services before they commit to opening a live trading account. As for traders who wish to trade according to Islamic principles, a swap free or Islamic account is available upon request.

HotForex Commissions & Spreads.

With its well-established relationship with the major liquidity providers in the markets, HotForex is able to offer its traders extremely competitive spreads on the trades made on its trading platforms. The table below shows some of the typical spreads that they can expect on the frequently traded assets such as currency pairs, market indices, crude oil and precious metals.

Instrument.

Spreads (in pips)

For stocks CFDs, there is a 10% commission charge.

HotForex Deposits & Withdrawals Options.

HotForex understands that all transactions across the internet must be conducted in a secured and effective manner. As such, the broker has provided its traders with a variety of payment solutions. Supported methods include credit/debit cards such as VISA, MasterCard and Maestro, Bank Wire Transfer and eWallets such as Neteller, Skrill, fasapay, WebMoney, UnionPay and BitPay.

For greater conveniences, HotForex also offers its own branded prepaid MasterCard. With the HotForex MasterCard, traders now have a more efficient method of getting access to their trading funds.

HotForex Bonus & Promotions.

One of the main benefits that traders at HotForex get to enjoy is the numerous bonuses and promotional programs which the broker has (not available to HF.

Markets (Europe) Ltd clients). For bonuses, there are 3 types, the 100% SuperCharged Bonus, the 30% Rescue Bonus and the 100% Credit Bonus. For the Super Charged bonus, the maximum cumulative bonus is $50,000. For the Rescue bonus, the maximum cumulative bonus is $7,000.

Apart from bonuses, HotForex has a loyalty program which is designed to reward their loyal traders (not available to HF Markets (Europe) Ltd clients). The loyalty program is divided into 4 classes, Red, Silver, Gold, and Platinum. The more days that the trader is able to trade, the more reward he will earn through the loyalty program.

Finally, HotForex has also organized numerous trading competitions which traders can participate in to win attractive prizes. These competitions run at different times and with different prizes. For more details, traders are encouraged to check HotForex’s website.

HotForex Customer Support.

The customer support services at HotForex are available on a 24-hour basis. For assistance, traders can reach out to the support team through filling out the web contact form on their website, , live chat or call them on the phone. For traders in the following countries listed below, they will be able to reach out to the support team through the localized telephone numbers provided.

Brazil +55-2139581441 China 4001-200742 India 000-800-100-7060 Indonesia 001-803-017-9110 Nigeria +234 7063705519 new! Russia +8-800-100-6322 South Africa 0-800-999-265 Spain +34-931845604 Taiwan 00801-14-8970 new! Turkey +90-850-3902146new!

Competitive spreads Security of funds Low Minimum deposit requirement Multiple choices of trading accounts Wide selection of trading platforms.

Unregulated in Europe.

HotForex Q&A.

Is HotForex regulated?

Yes, HotForex is a regulated forex broker. HF Markets (Europe) Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC), HF Markets SA (PTY) Ltd is an Authorised Financial Service Provider from the Financial Services Board in South Africa, and HF Markets (SV) Ltd incorporated in St. Vincent & the Grenadine as an International Broker Company.

Where is HotForex based?

The HF Markets Group is based in Mauritius.

How does HotForex make money?

HotForex makes its money by charging its traders a small spread and commission on the trades that they made on HotForex’s trading platforms.

How to deposit in HotForex account?

Funds can be deposited into a HotForex account through major credit/debit cards, eWallets and bank wire transfer.

How to withdraw money from HotForex?

Withdrawals at HotForex can be initiated through a credit/debit card, supported eWallets and bank wire transfer.

How to open an account with HotForex?

To open an account at HotForex, simply fill up the registration form and submit it with all the relevant documents proving your identity.

Is HotForex reliable?

Yes, HotForex is a reliable broker. The brokerage firm has been operational since 2010.

Does HotForex use MetaTrader?

Yes. HotForex has provided its traders with several versions of the MetaTrader 4 platform.

What is HotForex’s leverage?

The maximum leverage at HotForex is 1:1000. For clients of HF Markets.

(Europe) Ltd, leverage is set to a maximum of 1:500 and always depends on.

the appropriateness status of the client.

Is HotForex a scam?

No, HotForex is not a scam. The broker is a legitimate company under the jurisdiction of three regulatory bodies.

How safe is HotForex?

HotForex is a safe broker as they operate in accordance with international best practices. All their transactions are secured with the latest encryption technology.

Conclusion.

Over the past years, the HotForex brand has become one of the leading brands among traders in the online trading community. By offering their traders with such a wide range of products, they have managed to earn a strong reputation as a dependable broker. Regardless of whether you are a beginner trader or an experienced trader, HotForex is certain to be able to meet all your trading requirements.

Cara Mengamankan Profit Trading di HOTFOREX.

Dalam trading forex di HOTFOREX, Anda pun harus berupaya selugas mungkin dalam membuat dan menerapkan trading plan Anda . Namun ini bukan berarti Anda bebas melabrak semua aturan yang telah Anda buat dalam rencana trading Anda itu. Tidak pula lantas meniadakan trading plan. Menjadi fleksibel itu tidak sama dengan menjadi ceroboh,

Seandainya pasar tidak bergerak sesuai dengan impian Anda, namun Anda masih meyakini bahwa posisi Anda masih berpotensi mencapai target, Anda boleh mengurangi besaran transaksi Anda. Misalnya, dari 5 lot dikurangi menjadi 2 atau 3 lot.

Scaling Out adalah menutup sebagian Lot yang Anda gunakan dalam transaksi. Contohnya jika Anda menggunakan volume transaksi 2 Lot. Ketika transaksi Anda telah menghasilkan profit, maka amankan profit Anda dengan menutup 1 Lot dari volume transaksi Anda, sehingga sisa volume transaksi yang masih berjalan adalah 1 Lot. Apabila dari sisa volume transaksi 1 Lot Anda telah mendapatkan profit lagi, maka amankan profit Anda dengan menutup 0,5 Lot sehingga sisa volume transaksi yang masih berjalan adalah 0,5 Lot. Kemudian Anda dapat membiarkan sisa volume transaksi 0,5 Lot terus berjalan atau Anda lakukan tutup transaksi. Dengan melakukan Scaling Out Anda dapat memaksimalkan keuntungan dan menghindari kerugian yang besar.

2. Klik Close Order.

3. Lakukan perubahan jumlah Volume "Lot"

Trailing Stop adalah sebuah fitur di metatrader yang berfungsi merubah posisi Stop Loss secara otomatis. Contohnya jika Anda membuka posisi "Buy" EURUSD di 1.3400, Stop Loss di 1.3370 dengan Trailing Stop 30 point. Jika harga naik ke 1.3430 (naik 30 point), maka secara otomatis Stop Loss akan berubah dari 1.3370 menjadi 1.3400 (selisih 30 point). Kemudian jika harga terus naik lagi ke 1.3435, maka secara otomatis Stop Loss akan berubah lagi menjadi 1,3405 dan begitu seterusnya sehingga apabila Stop Loss tersentuh, Anda akan tetap profit.

2. Letakan arah mouse ke Trailing Stop.

3. Pilih jumlah point yang akan Anda gunakan, lalu klik angka tersebut.

HotForex reviews.

REVIEWS & RATINGS.

India, Jerry.

Just opened Live Accounts and yet to trade with this Broker.

Everything seems to be fine as the message is clear from the vast number of clients it has at the moment. But when many Brokers have opened offices at different locations Hot Forex should have also done coz these guys are in the Biz for a long time. Aussie, UK, Kiwi would be fine as there is no restriction for WT. Indian banks don't entertain Wire Transfer to Mauritius. So i just give 4-star****

Wen Yang, China.

13 months Total.

7 months with this Broker.

Over all this broker is good, scalping is allowed with very decent spreads most of the time, execution is acceptable with more room for improvement but it’s a lot better than most brokers I know (with all due respect), I give them 5 stars after trading for almost 7 months now with no issues at all, hotforex is a good broker and highly recommended.

Javed, India.

6 months with this Broker.

I'm a trader and also a web designer (my day job), and I like the hotforex's website so much. It's very professional and that is one of factor made me choosed that broker for my trading career. And after 6 months trading, I highly appreciate hotforex for everything when no worst situation happened.

Martin Foerster Germany.

14 Months Total.

6 Months with this Broker.

I only had one issue and that was when they were verifying my documents, they were a bit strict and I think that is a good sign, when my documents are good and my account was verified I was on my way and never had any major issues since then, execution is good and its getting better since I first joined them, never had problem with withdrawal and deposits, I think hot forex is really a good broker.

Indonesia, Guntur.

6 months with this Broker.

I have been trading forex for about 2 years. I used to trade with one Company before but I moved some money to Hotforex and have been with them trading for about 6 months, and i can't say enough good about them. I found Trade execution is perfect. Spreads are normal, Ii compare their spreads to other brokers and it`s normal. Every time i withdrawl money it is on time and the customer service is very good and genuine.

Robert Gaertner, Germany.

8 months with this Broker.

I can say that hotforex really do live up to their slogan about being honest and open, Its a given that brokers may encounter a couple of issues every now and then, but what matters is what they do about it after it happens. I personally never had a major issue since I started with them, I find execution very good for my type of trading, I never had problems with withdrawals and spreads are tight on major pairs. They are a good broker.

Slovenia, Dean D.

18 months with this Broker.

I love their 50% withdrawal bonus!

I'm also getting 0.55 pips rebate on each trade from HotForex Refund.

They had a few problems with the servers 6 months ago (6 hours downtime) but any losses caused by that were reimbursed. So I think they are good and honest.

Jay from Germany.

demo with this Broker.

Very overrated broker, there are many other choices that don't give fake bonus and promotions.

ivory coast.

3 months with this Broker.

hotforex one of the best broker I used for 6 months.

4 months with this Broker.

I have an account n Hotforex and i have no problem. They are proffessional and best online broker i have ever seen.

Hamilton Chesnay, France.

4 months with this Broker.

I can say that I have chosen hotforex as my main broker long ago. I’ve tested 3 accounts from demo to micro and now I’m using premium. I had no problems with opening the accounts, it’s very easy and it doesn’t take long time and not much documents required. About the trading process itself I can say that the platform works without any issues and the execution is very fast. I think this broker has a very promising future and reputation in the market, I always expect from them to go forward and for now I am not disappointed at all.

Liz M, Indonesia.

1 years and 4 months Total.

3 Months with this Broker.

I signed up under rebates army, at first it was just the high rebates that I was after, but honestly this broker is good and easy, I won’t compare it with my other broker just to be fair, but hotforex has a very good execution and withdrawals are faster than I expected. Their support is extra active, I see a good future for this broker.

Malaysia, MFO.

2 years with this Broker.

HotForex is very cool, you can enjoy 50% bonus, fast withdraw and good support. Plus some IB offer high rebate such as HotForex Malaysia (hotforexmy). Trader can enjoy 90% rebate. That is really cool.

Adelmo, Argentina.

6 Months with this Broker.

I have been informed that hotforex now got listed by Gbot and I really appreciate that news, it made me proud somehow, I have been with this broker since a while and they always achieve new progress and I think they have set limitless challenges for the future, I have always been a bit sad when my friends and people on forums told me that hotforex was not really the best choice and they cant be trusted, but I have always been thinking differently and I found out that this broker is most caring about traders and they always improve their company .

Amsyar Syahmi Malaysia.

1 year and 3 Months with this Broker.

I got an for the company one of many with only good news last months, they got listed by GBOT and I think now they have done a so big step since 2011 really this broker is impressive I am not saying that because I am making decent profits with them because with any good broker I could achieve that, the thing is you got that feeling that hotforex always looking for the best, they not the best maybe but I guess companies who are always seeking the top they are always outstanding ! I think they are growing bigger in everything and they got a mature professional way to process this, they promote heavily and they improve their services every time, when I started trading with them some months ago there was a customer support issue with languages but just when I reported that to them they fixed it in a few days.