Hot forex zero spread account review

ZERO Spread Account.

The FX Revolution.

Terms and Conditions Apply.

Super Tight Spreads.

Lower the cost of your trading with the HotForex ZERO Spread Account.

With a minimum opening deposit of just USD 100, the HotForex ZERO Spread Account is an accessible, low-cost trading solution that is suitable for all traders, but is particularly useful.

for scalpers, high-volume traders and those who trade with Expert Advisors (EAs).

As a HotForex ZERO Spread account holder, you will receive RAW, Super-Tight Spreads from leading liquidity providers with NO markups! The account offers a highly transparent commission-based structure and commissions start at a low USD 0.04 per 1K lot.

In the recent HotForex Survey, we asked you to tell us what you wanted us to do next . You asked and we delivered! HotForex now offers you the best spreads in the market with EURUSD starting at 0.0 PIPS!

Commission.

* Raw spreads available only for Forex.

† Increased Leverage may lead to increased profits or losses.

Commission.

For this account type, low commissions are applied as per the Commission Structures below.

Commission Structure 1 Show pairs.

Commission Structure 2 Show pairs.

The Spreads below refer to the HotForex Average Spreads for the Zero Account type. These Spreads are extremely low because they are the raw Spreads (zero markups) as we receive them from our liquidity providers.

Commission Structure 1.

Commission Structure 2.

Winner of 20 Industry Awards.

Products.

Promotions.

Affiliates.

Legal: HotForex is a registered brand name of 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. HotForex is governed by the Markets of Financial Instruments Directive (MiFID) of the European Union.

The website hotforex is operated by HF Markets (Europe) Ltd.

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. HotForex does not accept clients from the U. S., Canada, Belgium, Iran, Sudan, Syria, North Korea and Japan.

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 read the full Risk Disclosure.

Risk Warning: Remember Forex and CFDs are leveraged products and can result in the loss of all invested capital. Please consider our Risk Disclosure.

HotForex: Zero Spread Account.

HotForex brings you Raw Spreads from 0.0 Pips and Zero Markups with the new HotForex Zero Spread Account!

With a HotForex Zero Spread Account, there are no hidden charges or fees, so you will get the most competitive Forex spreads on the market!

Lower the cost of your trading with the HotForex ZERO Spread Account.

HotForex receives prices from a pool of leading liquidity providers. We pass those prices directly to you, our Client, without adding any markup. The HotForex Zero Spread Account offers a transparent commission structure with rates as low as USD 0.04 per 0.01 lots, so all you will pay is a small, fixed commission on each side of your trades. Advantages of the HotForex Zero Spread Account.

The HotForex Zero Spread Account offers a low minimum deposit amount of just $100 USD, putting deep, institutional-grade liquidity within the reach of all traders! some of The account features:

No hidden markups Raw spreads from 0 pips Transparent, low-cost trading Trade on Interbank Spreads Competitive commission structure.

Hot Forex HotForex Review.

RATING: 3.5 / 49 REVIEWS.

Trading Accounts.

In order to suit the needs of traders of all preferences and levels of experience, HotForex offers its clients a variety of account types to choose from. You may choose from fixed and floating spreads, commission-free trading (in Micro, Premium and Fixed accounts) or tighter spreads, involving commission fees. Beginners can sign up for Micro accounts with as little as $50, and micro lots are available for trade on all accounts.

Apart from the above mentioned account types, HotForex offers 2 more copy trading ones: an Auto Account, enabling traders to subscribe to free and paid Trading Signals from the MQL5 Community, (built-in to the MT4 trading terminal); and HF Social, which provides trading powered by FxStat.

What is more, swap-free (Islamic) accounts are available with minimum initial deposit $150, designated for clients who are not willing to earn interest for religious reasons.

The Company. Security of Funds.

HF Markets (Europe) Ltd.

HF Markets SA (PTY) Ltd.

HotForex is a retail forex broker, offering attractive conditions for trading in a wide range of instruments, including Forex, Spot Metals and CFDs on commodities, indices and popular shares such as Google, Apple and Facebook.

HotForex is a brand name of a group of companies, operating in different jurisdictions. The most reliable is HF Markets (Europe) Ltd., a Cypriot Investment Firm (CIF), registered in the European Union and licensed by Cyprus Securities and Exchange Commission (CySEC).

Recently, the broker got a license from the South African regulator, FSB, and also operates two offshore units (HF Markets Ltd., registered in Mauritius, and HF Markets (SV) Ltd., incorporated in St. Vincent & the Grenadines).

Cyprus is currently one of the most attractive forex broker destinations and probably the main reason for this is its well-balanced regulation. Tough regulation with high entry capital requirements and low maximum leverage has reduced competition in the United States and Japan, while light touch regulation affects credibility and safety.

CySEC applies certain rules and requirements to Cyprus Investment Firms, which are not as stringent as those in the US, for instance, however they provide a certain level of credibility. Cypriot Investment Firms must hold at least €1,000,000 in order to prove their good financial standing. Besides, they are required to keep customer funds in segregated accounts, separated from the company’s operating funds.

As a further guarantee to clients’ funds, all CySEC-regulated companies are members of the Investor Compensation Fund, which is able to pay compensation up to 20,000 EUR, If the company is in default.

Additionally, every CySEC - regulated investment company is also MiFID compliant and therefore entitled to offer cross-border services within the EU under the MiFID Passporting Regime. What is more, the broker is also registered with a number of EU regulators, including UK’ FCA, Germany’s BaFin and others.

Minimum Initial Deposit.

In order to open an account with HotForex, traders have to invest a minimum of $50. Such minimum initial amount comparatively low, however, many Cyprus-based brokers require even less. For instance, FXTM and XM demand just $5 from their clients as a start.

As regards floating spreads with HotForex, typical ones on commission-free accounts amount to 1.2 pips on EUR/USD, which is average. According to us, the conditions on the Zero account are the most attractive ones: spreads averaged 0.1 pips on EUR/USD and commission $4 per 1.00 lot traded (per side), so basically trading costs amount to around 0.9 pips, commission included. And you can open a Zero account with just $100.

For purposes of comparison, average variable spreads on Exness’ commission-free accounts amount to 0.9 pips on EUR/USD, while ECN account holders are offered average spreads of 0.4 pips on EUR/USD with $5 commission per standard lot.

The maximum leverage with HotForex is high, reaching 1:1000. Some jurisdictions cap leverage ratios at considerably lower levels (1:50 in the USA, 1:100 in Poland).

The reason for such leverage limitations is that the higher leverage, the higher the risk of losses, which may even exceed initial investments. However, many Cyprus-based brokers offer leverage levels, similar to the ones provided by HotForex (XM – up to 1:888), or even higher – Exness offers leverage up to 1:2000. More FX brokers offering leverage equal to or exceeding 1:500 may be vewed here.

This broker supports the standard forex market trading platform MetaTrader4 (MT4). MT4 is an internationally acclaimed trading terminal, offering a full spectrum of trading tools and resources: built-in technical indicators, advanced charting package, a wide range of Expert Advisors (EAs) and extensive back-testing options for them. Traders can download ready-made or create their own EAs and let the program do all the work, no human emotions involved.

MetaTrader 4 is available to clients of HotForex as desktop, web and mobile versions. More brokers using the MT4 can be viewed here.

What is more, HotForex provides MT4 MultiTerminal, which offers a practical and convenient way to manage multiple accounts simultaneously from a single interface.

Besides, free VPS hosting is offered to both new and existing customers who deposit a minimum of $5,000 and maintain this amount for the subsequent months. VPS hosting allows the execution of orders 24 hours, 5 days a week.

By the time of writing this review, HotForex runs the following promotions:

- 100% SuperCharged Bonus – applies to each deposit of $250 by FIX, Premium, Currenex and Islamic account holders up to $50,000;

- 30% Rescue Bonus - to a maximum of $7,000 which cannot be withdrawn under any circumstances;

- 100% Credit Bonus - applies on new deposits or internal transfers to trading accounts of at least $100 (available on Micro, Premium, Islamic, FIX and Currenex account types), which can be withdrawn as soon as trading volume requirements are met.

- Performance based competitions: demo contest with $3500 pool prize;

- Other ongoing promotions: HTA award and a $1000 cash prize as a showcase to the superb skills that lead to an excellent performance.

Methods of Payment.

HotForex supports a wide range of payment methods: credit/debit cards (Visa, Visa Electron, MasterCard, Maestro, American Express), bank wire transfer and e-wallet payment systems Skrill, Neteller, WebMoney, TrustPay, iDeal, Sofort, Western Union, Przelewy24.

HotForex is a EU award-winning broker that offers wide range of trading products and account types under competitive conditions. To sum up the above, here are the advantages and drawbacks with regards to this broker:

HotForex Launches New FIX Account: Fixed Spreads for Forex May 13 2013 09:18:59 Say Hello to HotForex's Carry Charge for Islamic Accounts Mar 21 2013 10:49:40 HotForex Release Their Latest Product: An MT4 Multiterminal Platform Mar 07 2013 10:06:25 HotForex Introduces Free Technical Analysis Reports Mar 01 2013 11:08:23 Get a free HotForex Debit Card Oct 10 2012 11:12:32 HotForex releases RapidTrader FIX/API powered by Integral Sep 17 2012 14:57:58 HotForex now offers its clients access to Zulutrade forex signals Aug 29 2012 09:31:35 HotForex is now a member of the GBOT Exchange Aug 22 2012 07:42:31 See less.

FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $1 and take advantage of tight fixed and variable spreads, 1:1000 leverage and swap-free accounts.

easyMarkets is a CySEC and ASIC regulated broker offering access to over 300 trading instruments, tight fixed spreads, no slippage and a 50% deposit bonus.

HY Markets is global forex broker with more than 30 years of operational experience, regulated by FCA in the UK. Trade Forex with spreads as low as 1.8 pip.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an ongoing monthly $999 forex contest, offers a $5 no-deposit bonus for anyone willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

Grand Capital is a MT4 forex broker, offering $500 no deposit bonus and 40% bonus on all deposits.

Slippage.

Price feed.

Deposit/Withdraw.

Customer service.

Traders` reviews for Hot Forex.

HotForex Scam.

Hello friends, I associated with hotforex from last 3 years. i earn sufficient amount from HFMarket. just because of good relationship with HFMarket i deposit 1.1 Million USD in December 2016.

Quick profits withdrawal.

Good broker with decent trading platform, i tried them and am trading for almost two months now.. easy execution, lowest trading spreads, maximum leverage 1:1000, withdrawal processing within 24 hours. I really think that they are good giving a try.

4.5 out of 5 (GOOD)

My Hotforex trading experience is more than six months and so far i am trading hassle free without any complaints. They are providing good services including withdrawals which never went late. I am rating four and half out of five at the moment.

I try to keep things simple, avoid complications in forex trading in general, i learnt the hard way with Ironfx where everything went down hill. but on a positive note, I have traded hotforex for close to 8 months now, started small and made my way up trading mostly the eurusd, im glad to say i have withdrawn profits and continue to do so on a monthly basis, the live environment was good and very pleasing mostly swings and rare scalps, the broker is actually really good.

Honest broker.

I am trading successfully with hotforex for the last two years and easily making good returns on my investments. Glad that my working capital is pure profit. Recommend them 100% safe for everyone.

Reliable Broker.

Trading with this broker for more than one year and so far there are no complaints from hotforex services. They have good trading platform with usually tight spreads and withdrawals are processed on time without any hassles. I recommend them as a reliable broker.

Honest Forex Broker.

I deposited money with them few months earlier and started trading through their regular account and i am glad to have good ROI and all of my invested capital is back now. I usually trade on London sessions with majors EURUSD and GBPUSD and all of my trading going on the pure profits earned through them. I usually withdraw my profits at the end of week and they are processed in my account on next working day. They are good at services and worth giving a try too.

Smooth trades and fast withdrawals.

I have small trading account with them and with their improved services I can trade easily with their trading platform. They are good at responding to my queries and my orders never stuck though i try to avoid trading during news release. I have been withdrawing my profits regularly without waiting for long time. I had noticed that the services have improved over the time so i must recommend them.

excellent broker.

its noticable the broker is going through lots of expansion, to cater to most traders globally, on a positive note i didnt find any decline in service performance and thats a good thing. over all the broker is providing good services and with a very active support, and so far im very pleased with the results.,

Good Broker!

I am new trader with hotforex broker and its two months I am trading with these guys. So far they are good with easy platform and easy executions. The funds are usually transferred instantly with my skrill account and took one day to get my withdrawal processed. Its a good broker!

Good service.

I am very disappointed with FX Pro. They anounce on their website that their spreads are between 0.5 and 2 pips on the EURGBP pair, but the reality is much different, with spreads as high as 4 1/2 pips on this pair. They will always win their discussions, because they have the terms and conditions as an excuse to do whatever they feel like it and not treat their clients with integrity. Very bad operating policies for traders.

Regulated and fast payment broker.

Hotforex is an ECN/STP broker regulated by both the FSC and the CySec and they are FCA registered/regulated as well. But setting that aside, my trading experience with this broker is good, execution is fast even in high volatility market. Withdrawals are on time as stated on website (I used Neteller).

I trust this broker.

Before I spent much time about broker selection, after one month of demo account practise, I selected hotforex and started live trading, now I think it's a wise decision, they are always ready for help.

Great broker.

In my opinion, this broker has provided a good trading environment for traders, such as fast withdrawal, acceptable spread, stable system and quickly responsive customer service etc.

Changed my Broker.

I have done trading with Hot Forex for 1 year but then i did not get good results with them.

Best broker for news.

They don't issue requotes on my tight SL news trades, slippage and spread widening is quite acceptable if you're smart enough to trade with small lots you won't be affected by market volatility. Make around 25% on my deposit with Hotforex every month, withdraw regularly about 200$ no problems so far.

Bad experience.

I had a bad trading experience with HotForex as they do not have ECN execution of trades and after getting losses in my trading i have closed my accounts with them and now i have switched to the True ECN Forex broker.

Hotforex is huge scammer.

BEWARE OF HOTFOREX SCAM.

HOTFOREX IS A FRAUD. THEY DEFRAUD YOUR MONEY BY MAKING WRONG MARGIN CALLS BY NOT FILLING IN YOUR STOP ORDERS TO HEDGE UR OPEN POSITIONS. FRAUDS.

Nice spreads on zero spread account.

I use their zero spread account and really satisfied. Spreads are low as stated on their website. Slippage is very low too (haven't checked how big it is on news).

good service and very pleasing.

Recently i had an issue about an expired drivers license that i submitted a while back, so i had a withdrawal held till i update my documents (i think its fair and i really dont mind) I sent a copy of my passport, it was processed aprox 2 days which i think its really fast for such a big broker, I even had a chat with support (live chat) and they were quick and apologized nicely and asked for my patience which i found really polit, now i got my withdrawal my documents was updated in no time. thats quality service right there.

good broker.

I might have not been trading for so long but I have a mid sized 5 digit USD account with hotforex, been trading for close to 15 months and hit my ROI in mere 8 months, this is not my first time trading with an offshore broker and hotforex would be my 2nd CySec broker thus far, in terms of execution I dont think its the best out there, but it gets the job done, if i was to rate this broker over all i'd say 8/10 cor consistency.

Scam, market maker.

Hi Fellow traders.

I am trading with hotforex from 3 years. I thought to give my reviews again, during my trading with hotforex, i used to have issues with them, every broker has issues but good thing with hotforex was that they used to care for their clients and always step up to sort out this issues but this is not the case anymore. It looks like they have made much money and don't care for their customers anymore.

My review, observation and personal experience is as follows:

1: Let me start with their claims of being ECN/Stp broker which they are clearly not. They are market makers, another bucket shop to rip your money. What i recently found out that you can't place orders one minute before news, An ECN/STP broker will never put restriction on it. They give you real market conditions.

Secondly you cant place orders between bid and ask price, which is example of market makers not STP/ECN, A market maker will never want you to success, your success is their loss. So decision is yours. :)

2: I always have issues of spillage with them, whenever you close your trade, one or 2 pips goes against you. Sometimes there were big spillages in price, which they fixed it. But even one or 2 pips are enough to less your profit or increase your loss.

3: On one side hotforex claim for so many awards from this industry but on the other hand, they are total failure to provide real market conditions to their clients. Their equity market close 5 mintues before bells rings in USA. So they are nigthmare for day traders like me. When I asked about it, they said, they do it for clients to protect from bad reputation. This is not professional approach as there are all different type of clients, day trader, long term, etc. In this market, even a single second is matter, when they close feed 5 minutes before market close in actual.

4: in past, they also suspended my account when i tried to withdrew money because amount was big, and they used dirty tricks. That matte was solved, but i know how i spent a week in full tension. So they are good, as long as you lost money but when you make money, so there will be many issues. Be aware of it.

5: They dont care for their loyal customers anymore, its very difficult to get hold of their managers or directors who are the decision makers. Companies downfall start when they start to loose their clients, today they are loosing me, i did trading of thousands of lots with them and just in commission, they make 350K plus. But they dont care anymore.

6: They require a lot of paper work when you deposit money with new card, I did deposit very large sum of money with them, but recently they hold my funds for hours at critical time when i need to do trading, due to paper work. They did not care that how much money i deposited and still doubt on my credibility. Thats ridiculous.

Great Broker.

Hotforex is one of the brokers I trade with and I can honestly say I am impressed with the level of reliability they have. Never had an issue on my platform and always have been given great service. Would definitely recommend them.

Best Broker so far.

As per my experience Hotforex is best broker in market, They offer good spreads as well as professional customer support. Withdrawal process is faster than compare to others. I haven't got any problem yet and hope it will be same in future.

Nice broker to trade.

I had an account with them for 7 months, good customer service, withdraw money from them to my Skrill account (linked to my Master) with no problem and quite prompt. I have not used any other brokers yet, so have no detail comparison yet. Will update in soon.

hotforex bad bad bad broker.

Opened a premium account with hotforex 9 months ago, everything was working alright when my losses were more than my winnings, when i started to profit and winnings increased making my ROI 350% in a month, hotforex showed me its real face, off quotes when exiting my trades, re quotes when executing trades, wide spreads that filled my stop losses. I lost half my account after that running winnings due to hotforex dealing desk service.

Decent broker.

I have been trading with this broker over one year and here are some good points:

- Multiple assets and accounts (zero spread and zero commission)

- NO withdraw/deposit fee and instant deposit. Withdrawal normally get processed in 24 hours.

- Tight spread, most major has nice spread as EUR/USD and GBP/USD pairs.

- There are PAMM and daily analysis services.

Overall, I recommend this broker.

Hotforex is decent broker.

Hotforex is really good broker, I have been with them from couple of years and so far I`m very satisfied with their services. Spread is good and fast withdrawal.

Hotforex Biggest Scandal Broker of all time.

Account number 269022.

Hotforex is a market maker, no STP broker like they claim to be.

Look at hotforex website, there's no liquidity providers names, I was hotforex client, when I asked account manager about who are hotforex LP's he said can't reveal the names, it's a secret.

How can't a client know who are the LP's of his broker when hotforex claim to be STP.

Hotforex scammed me $15000 after leaving my account to negative balance, how can an accoun run on negative margin!!

hotforex didn't apply its margin policy and hotforex gave me in one account $136000 of bonuses when hotforex bonus policy states $30000 is the max. per account.

Hotforex cheat investors by claiming to be STP but hotforex is giving market maker service.

Hotforex must be punished by regulators CySec and FSA Mauritius.

Stay away of the SCAM hotforex.

Hotfores has Best withdrawal.

withdrawal is one of the reason why I like hotforex. Same day money arrives in my neteller account.

Good deal if you are professional trader with a sound view on markets and estblished trading teechniques. Platform offer everything that you need for profitable trading, good spreads, almost no slippages and what is important fair order execution. I don't need to look up in my trading logs to make calculations on how slippage will affect my trading or why there is no creditings for positive spreads. because everything works impeccably in that way.. Got very good and pleasant experience from a touch with them so continue to stay more there..

I was introduced to hotforex by a local IB, very professional. the services the broker offers are good. I don't mind the bonuses offered. a recommended broker.

Really, hotforex is best broker. It offers all type of trading strategies and also pay the payment of profit. I have its experience.

Outstanding broker.

I managed to earn about 2K only from 300$ deposit scalping with that broker. It accepts all strategies, including grid orders with tight stop SL. I was banned from my previous broker for practising that techniques, but Hotforex opened doors for my trading style. Hope it will keep up with their clients policy, fast withdrawals and excellent trading platform.

Best Broker till date.

8 months trading experience with Hotforex is satisfying. I started trading with hotforex before 8 months and I must say that it has fastest execution I ever had, support is also excellent. Key feature of HF is Withdrawals, Its very fast almost Same day credited to my Neteller account. Good acceptable spreads. Overall perfect broker for the Traders. Hotforex is highly recommended to everyone.

worth praising.

I have just started in hot forex after trading in several forex terminals I am very happy now because hotforex takes very little spread and takes no commission and swap. It is easy to take profit I tried withdrawal it was fine. I don't know what will happen later. so far so good. anyone can contact me to see my trade history to know the reality coresponding to mail ad : [ protected]

One of genuine brokers I tried.

Just winning some with this broker after sticking with it in 6 months. It has a stable platform and a good trading environment. The support is quick to respond, payments are fast.

A true STP/ECN NDD broker.

This broker has a good trading environment and conditions than others, its spread range from 1.4-1.7 in EU pair and fast execution, rarely requotes. Sometimes I get slippage in news period but not too much.

Hotforex helped me to to save my LR money.

Last week, I withdrawn successfully $700 that I deposited via LR. Hotforex was so good to allow trader to withdraw my LR money via another payment service after liberty reserve went down. hotforex is the best.

first withdrawal successful.

after reading some good reviews about hotforex last january '13 i decided to open a live account with $200 dollars deposit (no bonuses)I only trade the cable with micro lots (0.01 - 0.02) after three months of trading I decided to withdraw $75 from the profit i made as a test, it took 2 and a half days to see it in my bank account which is really fast and im glad, over all this broker is good in terms of execution, very minimal slippage and threads are are around 1.5 - 1.8 mostly on eur/usd. there are times it widens during high volatility which is normal. i dont talk much to support nor do they bug me so thats good. over all im satisfied with the resulys so far.

Good Broker.

IвЂ™ve been trading with hotforex live for about 6 months, and now focus on this broker after serious comparison.

However, hotforex is quick in the money withdrawal and the system is relatively stable compared with my previous brokers. I'd say this is the best broker I'd been used so far.

A Reliable Broker.

I had been trading for more than a year. This broker surely a great one. Fast, and reliable customer service. They are even willing to answer each and every of my queries. Plus, I like their bonuses very simple and acceptable.

Good broker with great Customer Support and fast payment.

hotforex is one of my first broker through one friend referral, I have traded demo for almost 4 months before starting to open a premium account there. Right after I register a live account, I got a phone call from hotforex account manager to consult me anything. That's good.

Response to CR.

CR is your robot an arbitrage robot? If so, you'll probbaly find many brokers that will give you the same response.

Good to see GBOT.

I believe there are only some good brokers who had the chance to be part of the GBOT, I guess this is like the hall of fame for the brokers, and as hotforex is now listed among the best and also chosen as the best broker in 2012 by a famous magazine, I really think that I am a lucky trader who made a fast decision about a year ago when I have chosen hotforex after trying their demo account, I did not try many brokers and I dont remember well why I decided to open a live account with hotforex, but I think it was a good decision even I got nervous last December when they had some disconnection issues.

The Perfect Broker!

I've been through a couple of brokers before and to be honest I can safely say that hotforex is the most convinient broker among them. decent spreads and very good for scalpers, minimal slippage and improving execution, withdrawals and deposits are never an issue wih this broker I really wish they would stick around for a long time because I know i can't find another broker like them. more power.

Decent Broker !

I am glad to start writing few words about hotforex, they are my first broker and I think they would be the last, I have had a great experience with them as a newbie few months ago I could learn fast and trade with them without any trouble, I used to read reviews about other brokers and I thought that trading forex ainвЂ™t easy but with hotforex I never experienced any problem, and if I lost some money when I started it was because of my bad choices, just one and only one thing disturbed me from hotforex itвЂ™s a disconnection that occurred last year at the end of the year, it was short and they fixed it but it scared me for a moment any way, I found that they have got a very tight spreads and also they offer a big choice if to talk about trading platforms for mobiles and ipads, I enjoyed using the ipad app and its pretty good !

Hot Forex is one of the best Forex brokers ever.

Fantastic company with smooth and easy to use website/platform. have been trading with them for about 2 years, after trying many other brokers. would recommend them to all new or experienced brokers.

Hot Forex canceled my scalping EA profit.

I deposited $178 and made around $1157 profit in 2 weeks.

While paying out time hotforex simply denied to give me any profit.

They have corrected the balance (excluded the whole account profit) by showing a fake withdrawal.

I was using a 100% scalping robot.

While withdrawal time they denied..

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Beware of brokers offering Zero spread!

NewFX Pulppromotion– Trade with ZERO spread AND ZERO Margin. Opa! So you are asking yourself what’s wrong with not paying.

NewFX Pulppromotion– Trade with ZERO spread AND ZERO Margin.

So you are asking yourself what’s wrong with not paying for trading? The answer is simple: everything is wrong. In this cruel and competitive brokers’ world – nothing is for free, so if something is offered completely for free you should ask yourself why?

The answer is given by FX Pulp right away: we are the only broker that lets you gamble with your money AND lose more than you invested. Yes that’s what ZERO margin means my friends: “we give YOU the opportunity to be left with ZERO money and pay ZERO commission for that opportunity ;)”…

ZERO spread also means that the broker makes money in other ways: FX Pulp to the best of my knowledge is a market maker, therefore it makes money from trader losses as well (nothing wrong with that in general: it’s legal everywhere including the US, but that’s something you should know).

Not only that, FX Pulp is also limiting the profit you can make: no less than 35 pips and no more than 100 for major currencies, so that means you’ll need to leave the position open until you are in that range = more chances to lose it all…

ZERO Margin Requirements,

And ZERO Commissions.

What is ZERO Spread?

Our basic philosophy in zero accounts is to reduce trading costs to the minimum, or shall we say to zero, and the spread was one of the main challenges that FXPULP experts faced. Taking the spreads to 3 pips, 2 or even 1 pip sounds good at first… but how about taking it completely down to zero. Yes imagine you are trading FOREX with ZERO SPREAD The main objective from taking the spread to as low as nothing is for you dear investor, enabling you to take advantage from every pip in the market, the profits start from the first pip, you don’t need some points to cover your spreads and others for the commissions, what you get is each and every pip the market gives.

What are ZERO margin requirements?

A margin is an amount held and blocked from your account equity in order to be able to place your trades in the market. Zero margin requirements means that no money will be held and blocked in your account as margin for the trades you place; and you will be able to invest in the financial market even if your account balance is less than what is required to cover your trades as margin. We will provide you with the margin you need to take as much positions as you want; you only have to pay to cover any losses resulting from the given trades, or get paid for the resulted profits.

Normally; investors deposit money in the trading accounts which will be blocked for each trade according to the size, and the required margin, usually determined by the leverage that the broker offers.

The below table demonstrates the customary required margins:

FxPulp has provided investors a cutting edge revolutionary offer: unlimited leverage.

Do you know what does this mean??

It means you don’t have to deposit money to be able to trade or to avoid a margin call, all you have to do is to send the money you are willing to risk and that’s it, and you will be able to trade freely whatever product you want, with the size you want, and you don’t need a penny to cover it.

Why ZERO Commissions.

We at FXPULP believe that taking a good investment decision and make some money out of it is a very difficult thing to do in these markets; it needs a lot of reading, following up and analysis, which is why we believe that the profits you make are yours, and it’s not for anyone else to share with you, you bear all the risk, and that’s why you should enjoy all the profits…That was the idea when we eliminated all the costs, from commissions to swaps and hidden fees, we just swept them all away so you can take all your profits, each and every pip you make in this market is yours and yours only…

What is ZERO liquidation?

Liquidation means closing all open positions when your equity goes below a certain level…Your positions get liquidated when your margin level drops below 100% or 50% or any other level that brokers impose on you, which makes the chances hard for investors to benefit if the market moved back in their favor, and that’s why we offered to take this percentage to zero, so your positions stay open until your account equity drops down to zero, which will give you the full chance to benefit from your investment.

The ZERO account will set your investments free and open new horizons, ones that didn’t even exist before in the FOREX Market.

Trade freely with no restrictions. Your total freedom from Spreads. Your total freedom from Margin Requirements. Your total freedom from added Commissions and Costs. Your total freedom from the fear of Liquidation.

FxPulp Zero Accounts Trading Rules & Policies:

Each client can open only One Zero Account with FxPulp. Spreads for Zero Accounts are as follows: 0 spreads on all 7 Major Currencies. Normal Spreads for Cross Currencies (As specified in FxPulp Products Specifications). Normal Spreads for Precious Metals (As specified in FxPulp Products Specifications). Normal Spreads for U. S Indices (As specified in FxPulp Products Specifications). Normal Spreads for Energies (As specified in FxPulp Products Specifications).View our Products Table of Specifications… The required margin to open any trade on any of the products we offer is zero Dollars. Commissions and fees for zero accounts will be determined according to the table below: Zero commissions and fees for all 7 major currencies. Zero commissions and fees for Cross currencies. Zero commissions and fees for Precious Metals. $7 per standard contract fees for U. S Indices. $7 per standard contract fees for Energies. There is no minimum initial deposit specified to open a zero account. The minimum allowed volume per each trade on Zero Accounts is 1 standard contract, or 1 standard lot (100,000 of base currency). The maximum balance in the zero account shall not by any chance exceed $5000, any amount above $5000 will be transferred directly to the clients’ normal trading account. Demonstration: When a client applies for a Zero Account, FxPulp will open a zero account in addition to another normal Standard, Mini, or Micro account under the same name. At any point, if the zero account balance – due to accumulated realized profits – exceeded $5000, the excess amount will be automatically transferred to the parallel account. The client may continue trading on his/ her zero account normally, and at any time, he/ she may trade on the other parallel account as well, or request to withdraw the profits. All positions will be automatically closed and the account will be liquidated when the equity of the account reaches zero dollars. Pending orders and contingent orders (Stop Loss, Take Profit, Buy Stop, Sell Stop, Buy Limit, and Sell Limit orders) are not allowed on zero accounts. Traders can only place market orders (Instant Execution). Expert Advisor Program is not activated on zero accounts. Trailing Stops tool is not activated on zero accounts. Hedging is not allowed on zero accounts. All open positions will be closed at the end of each trading day. If the client did not close his/ her open positions during the trading day, they will be automatically closed (regardless to the age of the positions) at the end of every trading day according to the below table:

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