HotForex review (ECN STP broker)

HotForex broker is an ECN/STP (Electronic Communication Network/Straight Through Processing) forex broker regulated in Cyprus by the CySEC and in Mauritius by the FSC. HotForex enables traders to access interbank spreads through the MetaTrader 4 platform.

HotForex is positioned as a preferred forex and CFD broker for scalpers and for those who use automated trading programmes thanks to its Straight Through Processing policy and its electronic communications network (ECN).

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.

All client accounts are segregated and independently administered by NinetyEast Fund Services Limited, which currently oversees more than a billion dollars from its worldwide offices. Client funds that are sent to third party liquidity suppliers are therefore first approved by NinetyEast. When a client requests a withdrawal, NinetyEast also processes the request.

HotForex accounts

Types of HotForex accounts (7 standard accounts + 1 Zero-Spread account)

HotForex commits to providing its customers with the best conditions for trading. To achieve this, they now offer 8 different types of accounts to meet the specific needs of individual traders.

HotForex account types

HotForex other account types

HotForex accounts

HotForex - Choose your bonus (4 to choose from!)

HotForex bonus

100% SuperCharged bonus. Earn daily cash rebates of USD $2 per lot directly to your account. The 100% Instant Rebate Credit Bonus is a two-tier scheme that will allow you to simultaneously increase your account leverage and earn generous cash rebates on your trading activity. The minimum deposit is just USD 250 and you can get bonuses of up to USD $50,000!

30% Rescue bonus. Applies to deposits over USD 50. The 30% Rescue Bonus Program is designed for traders who want to protect accounts from periods of drawdown. This Bonus can be lost without limitations and also used as margin.

100% Credit bonus. The 100% Credit Bonus Program is intended to increase the trading volume of a client’s accounts. This Bonus allows you to receive a 100% bonus credit on EVERY deposit of $250 USD or more that you make into an approved account. Plus, you can earn competitive REBATES on your trading activity (a daily CASH rebate of $2 USD per lot)! If all requirements of this Trading Bonus program are met, the bonus sum placed in your account can be withdrawn without any limitations or restrictions.

-> Visit HotForex's website

Currency Wars Competition

Hotforex trading contest

The HotForex trading contest takes place each month on demo accounts. As a result, participating traders bear no risk, but the cash prizes they can win are quite real! In addition, this demo contest allows forex traders to improve their trading skills without taking risks, while earning real cash prizes! 

Registration is possible at any time while the cycle is still active. 
This is a monthly contest, where each round lasts one month. 

Prizes for the 3 top traders: 

Arrow 1st prize $2,000 credited to a real account
Arrow 2ndprize $1,000 credited to a real account
Arrow 3rd prize $500 credited to a real account

The performances of the top 10 participants will be published on the contest's homepage once a day. Prizes can not be withdrawn, but the profits can be withdrawn after 10 lots have been traded. 

Register HotForex contest

Free VPS server

Free VPS hosting is offered to traders who maintain an account with $5,000 or more.

  • 20,000 MB disk space
  • 1500 MHz CPU
  • 512 MB of RAM
  • Unlimited bandwidth
  • Price: €19.95 per month, or €215 per year

Free VPS

HotForex videos

HotForex brokerage news

Risk warning

Combining leverage with derivative products can generate very rapid losses. Please ensure that you fully understand the risks involved before you engage in such transactions. Forex and CFD trading is not suitable for investors who are not able to withstand losses greater than their initial deposit.