HotForex | Register for our Live July Webinars

We are pleased to announce that we have organised two complimentary trading webinars for the month of July that are designed to improve your knowledge and enhance your trading skills.

Both Webinars will be presented by world-renowned industry educator, Dr Andreas Thalassinos, who will guide you through two related topics:

- The Formula for Success on 7th July 2014
- Trend Indicators on 15th July 2014

You will also have the chance to ask Dr Thalassinos questions in the Q&A session following the #Webinar . To learn more and register, please follow this link http://www.hotforex.com/en/forex-education/trading-webinars.html

Numbers are limited so register soon to guarantee your place.

If you have any questions about the Webinars, please do not hesitate to contact our dedicated customer support team via email, live chat, or by telephone on +44 2033185978.

P.S. Both Webinars are absolutely free of charge and there is no obligation to deposit funds. To reserve your place, all you need is your myHotForex ID.

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Gold and safe-haven currencies on demand


Gold is now trading near to 3-week highs looking to challenge resistance levels of 1324.53 $/ounce and 1333 $/ounce thereafter on the back of U.S. President Barack Obama authorization for air strikes in Iraq. The development has added concerns on the increasingly volatile global geopolitical scenery with Ukraine, Palestine and now Iraq tensions rising. The XAU/USD is up this week 3.02% from Tuesday’s lows at 1282 $/ounce.

Japanese Yen and Swiss Franc have also been favoured this morning with the Yen extending this week’s gains against the U.S. Dollar and is now trading at 101.54. The USD/JPY which was seen as a favourite for a breakout last week ahead of the NFPs has now returned in its comfort zone that it has been trading for the last year. The pair is now looking for support levels, which is can be possibly found down to 100.98 – 50% Fibonacci retracement from October 2013 lows to January 2014 high.



The EUR/USD is on the bid this morning now trading above 1.34 on the back of higher than expected German Imports recorded in June. German imports increased by 4.5% up from -3.4% a month ago where market players were expecting only 1% increase. German Trade and Current account were affected negatively by this development and were seen lower than expected. The Euro is higher against the British Pound but is still under pressure against the safe-haven currencies (JPY and CHF).

This morning UK’s trade balance will be released and will be monitored closely by Pound traders. Later this afternoon July’s Canadian unemployment rate is released at 12:30 GMT.

By HotForex Brokerage Department

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.

HotForex Bonus Terms & Conditions Update.

Dear Client,   

HotForex would like to inform you of two important updates to the 100% Credit Bonus and 50% Withdraw Bonus:

1) Volume Requirement Reduced!
The Volume Requirement for both bonuses will be reduced from 1 USD to 1.5 USD per standard lot. This change will be effective from 25 August 2014.
What this means for you is that you will now have to trade fewer lots to earn the right to withdraw your Bonus!
For Example:
To claim a Bonus of USD 150, your Volume Requirement is calculated as $150/1.5 = 100 lots. Your Volume Requirement for this bonus amount has therefore been reduced by 50 lots!
2) Withdrawals
We have also simplified the Terms and Conditions regarding withdrawals.
When any withdrawal is made from a 100% Credit Bonus or a 50% Withdraw Bonus Account, your active bonus will be reduced on a pro rate basis.
To check the active bonus reduction of a withdrawal, feel free to use our handy calculator within your myHotForex Client Portal.

Click here to read the full Terms and Conditions of our bonuses.

Best regards,

The HotForex Support Team

The Winner of the HotForex Rolex Time Trader Contest and proud new owner of a Rolex Oyster Perpetual Submariner timepiece worth USD 10,000 is Mr Nidal Abed Talat Diyab!

HotForex would like to congratulate Mr Talat Diyab, who with an impressive gain of 728.85%, triumphed over a talented field of fellow traders to take home the top prize of a coveted Rolex timepiece. A special mention also goes to our Second, Third and Fourth Place Cash Prize winners, Phi Xuan Thi, Edwin Fred Monarch and Alejandro Navarro.

Thank you to everyone who competed!

Click here to view the results table:http://www.hotforex.com/en/contest/rolex-contest.html