HotForex is designed for traders new to the Forex market and those trading smaller volumes, the Hot Forex Micro account allows investors to trade smaller trade. Uses trading platform: MetaTrader 4.
Broker Summary
| Online since | 2008 |
| Headquarters | Port Luis, Republic of Mauritius |
| Broker type | ECN/STP Broker |
| Leverage | from 1:1 to 1:500 |
| Minimum deposit | $25 USD / 25€ EUR |
| Minimum position size | 0.01 lot |
| Deposit methods | Bank WIRE, Credit Card, Alertpay, Neteller, Perfect Money |
| Account types | Micro, Standard, Volume, Islamic, Currenex |
| Trading Platform | MT4 |
| Rating |
Pros and Cons
Pros
- Low spread
- STP broker with low minimum deposit
- Fast and flexible withdrawal
- Utilizes MetaTrader platform
- intresting promotions and bonuses
Cons
- No important cons