HotForex - an ECN/STP broker
HotForex broker is an ECN/STP (Electronic Communication Network/Straight Through Processing) forex broker based in Mauritius that allows traders to access interbank spreads via the Metatrader 4 platform.
HotForex is positioned as a preferred forex broker for scalpers and for those who use automated trading programmes thanks to its Straight Through Processing policy and its electronic communications network (ECN).
As a financial investment company, HotForex has a brokerage license that was issued by the Financial Services Commission (FSC) of Mauritius. The license was actually issued to the HF Markets Ltd. company which operates under the commercial name HotForex.
HotForex trades with you and not against you. When you open an account with HotForex you can be sure that there is no dealing desk that takes a position against you. For those of you with a bit of experience, you will appreciate this fact as its a huge advantage that few brokers provide.
50% bonus for all new deposits
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Open an account with HotForex
Types of Accounts
HotForex commits to providing its customers with the best conditions for trading. To achieve this, they now offer 5 different types of accounts to meet the specific needs of individual traders.
| Micro | Standard | Volume | Islamic | Currenex | |
|---|---|---|---|---|---|
| Spreads: | Starting from 0.3 pips | Starting from 0 pips | |||
| Instruments | 25 currency pairs de devises | ||||
| Maximum leverage | 1:500 | 1:300 | 1:100 | 1:100 | 1:100 |
| Execution | STP | ||||
| Minimum deposit | $5 | $500 | $50,000 | $25 | $500 |
| Minimum position | 0.01 lots | 0.10 lots | 2 lots | 0.01 lot | 0.10 lots |
| Maximum position | 5 lots | No limit | |||
| Account currency | USD or EUR | ||||
| Commission | No | $5 per lot | |||
| Bonus | 50% for each deposit + tradesignals.com signals for free | ||||