HotForex Spreads, leverage, minimum deposit Revealed

Top Forex Brokers that Accept Indian Clients？ That's it, you've find the right place. What is HotForex？ Is it legit or scam？ What's the regulatory status license, spreads, leverage and minimum deposit of the broker？

General Information

HotForex is an award winning forex and commodities broker, providing trading services and facilities to both retail and institutional clients. Through its policy of providing the best possible trading conditions to its clients and allowing both scalpers and traders using expert advisors unrestricted access to its liquidity, HotForex has positioned itself as the forex broker of choice for traders worldwide.

Regulation

• FCA Financial Conduct Authority (United Kingdom)

HF Markets (UK) Ltd is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 801701.

FCA is an independent public body governed by the Financial Services and Markets Act 2000 (FSMA), working alongside the UK Treasury with the aim to support and empower a healthy and successful financial system where firms can thrive and consumers benefit from honest, fair and effective markets that are trustworthy and transparent.

• DFSA Dubai Financial Services Authority

HF Markets (DIFC) Ltd is authorised and regulated by the Dubai Financial Services Authority (DFSA) under licence number F004885.

Aiming to develop, administer and enforce world-class regulation of financial services within the Middle East's leading financial hub, DFSA is the independent regulator of financial services conducted in or from the Dubai International Financial Centre.

• FSCA Financial Sector Conduct Authority (South Africa)

HF Markets SA (PTY) Ltd is authorized and regulated as a Financial Service Provider (FSP) from the Financial Sector Conduct Authority (FSCA) in South Africa, under the licence number 46632.

FSCA is an independent institution established by statute to oversee the South African non-banking financial services industry. It regulates the Johannesburg Stock Exchange (JSE), the largest exchange in the African continent.

• FSAFinancial Services Authority (Seychelles)

HF Markets (Seychelles) Ltd is incorporated under the laws of the Republic of Seychelles with registration number 8419176-1, regulated by the Seychelles Financial Services Authority (FSA) under Securities Dealer Licence number SD015.

The authority is the regulator for non-bank financial services in the country and is responsible for the licensing, supervision and development of the non-bank financial services industry of the Seychelles.

Market Instruments

HotForex offers investors more than 1200 tradable financial instruments, including forex, metals, energies, shares, indices, bonds, commodities, DMA stocks and ETFs.

Minimum Deposit, Leverage &Spreads

At IV Markets, there are six types of trading account available:

Trading Platform

Through the company's MT4 & MT5 platforms, traders can place and close positions, stop-loss and take-profit orders, view real-time news, bulletin alerts, view reports, analyze and process data, etc. MT4 provides leading-edge trading and analysis technology, and through the platform's trading or charting interface, traders can easily browse the target products. The platform's trading or charting interface allows traders to easily view all bid prices for a target product and select the most suitable product contract to trade from. The powerful platform allows traders to efficiently analyze price dynamics, make trade transactions and work with automated programs (Expert Advisors).The platform is available for iOS, Android, iPad, Windows, Linus, Mac, and Web terminal use.

Deposit & Withdrawal

Deposits and withdrawal can be made by bank transfer, credit/debit cards and alternatives.

Find more details about HotForex on our website and app.