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Hotforex Nigeria

The other one is that MT4 is available in this company, giving the traders the ability to manage more than one account simultaneously. Lastly, this company has the best customer support team that is always available, and it supports more than 27 languages. The disadvantage of using this company is that there is no choice of trading platforms, thus denying the traders the freedom of choice. Since the company is a retail broker, it has managed to offer beautiful trading conditions. This firm has allowed the clients to trade a wider range of instruments such as forex, spot metals, and CFDs on indices, commodities, and shares of popular companies such as Facebook, Apple, and Google. This brand operates in different jurisdictions, but the most reliable one is found in Europe, and its headquarters are in Cyprus, and it is registered under the European Union.

The MetaTrader5 web trading platform is available on all operating systems, which allows you to view 21 different time frames and the ability to view 100 charts simultaneously. The web trading platform has six different pending orders for you, including setting Stop Loss and Take Profit levels. You will be able to look through an economic calendar on all the trading events available, and access a detailed trading history. The MT5 web trading platform provides 38 customizable indicators, and the option of viewing your past performances on your portfolio. However, you will not be able to use the two-step login process and you will not have the option of activating any price alerts. This HotForex review will demonstrate how to open a live account with a step-by-step guide.

  • I have traded for a few weeks and can withdraw that bonus amount to my Neteller acc.
  • For example, cancellation of transactions in case of spikes that is specified in the agreement is quite unpopular among reviewers.
  • Let’s see a comparison of the maximum and minimum offering of the accounts.
  • I don’t even know why some brokers don’t give a damn about this very important factor which is the threshold of their business.
  • MetaTrader 4 accounts are offered and available on desktop, iphone, ipad, android, MT4 Multi Terminal and the WebTrader .

For having the above package you need to deposit at least $200, so you can’t have them with minimum deposit, $5. You want to know how much of your account you risk or maybe you need to close a percentage of your profit and breakeven your trade. By trade terminal, you have access to a professional toolbox that can do all those things plus other jobs for you.

Hf Markets Account Management

Trading environment at this broker is convenient so far, i started in December last year. Lowest spreads and reasonable leverage is quite helpful in earning money through trading major pairs. I had made few withdrawals which were also processed on time without any hassles. This is a very good broker with fast withdrawals and fast response from mt4 trading platform.

HotForex services are not available to residents of the USA, Canada, Sudan, Syria and North Korea. Email confirmation is done when you click a link that will be sent to the email address that you provided. Once email verification is done, the account is automatically created.

Yes Yes Yes See account options78.04% of retail investors lose money when trading spread bets and CFDs with this provider. See platform & features79% of retail investor accounts lose money when trading CFDs with this provider. See platform & features72.83% of retail investor accounts lose money when trading CFDs with HF Markets Ltd. HotForex and HF Markets are regulated by two different financial regulators.

hotforex review

According to HotForex, there are several analytical tools featured in the MetaTrader 4 software, including trend analysis, entry/exit points, 50 tools and indicators, quote dynamics and more. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information.

Hotforexs Mission

MT5 is also launched however my preference is to stick with the MT4 which is quite easy in my opinion. Payment deposits are instant however withdraw requires a day or two if your using online ewallets. 2) 100% Credit Bonus Program which is intended to increase the trading volume. Traders must trade 1 lot per $2 bonus received to complete the terms. Opening a live trading account at HotForex is very straightforward and swift. Very first thing to do is to navigate to the homepage and click to the Open Live Account button.

hotforex review

All HotForex financial transactions are continuously monitored, as well as audited by Deloitte, one of the best and largest accounting organizations and auditors. At HotForex Malaysia, you can withdraw your funds via local hotforex demo account Malaysian banks , WebMoney, Skrill, Neteller, FasaPay, and Bitcoin. HotForex Malaysia processes withdrawal requests within 24 hours . Withdrawals submitted before 10 am will be processed on the same business day between 7 am and 5 pm. At HotForex Malaysia, you can instantly make a deposit into your account with Credit cards , Bank wire, UnionPay, online payment systems , and local Malaysian banks . Demo Contest which caters specifically to holders of demo accounts.

HotForex brings innovation and technological solutions to the table. By trading with this broker, you will be familiar with the main advanced technologies in Forex trading. For example, three different platforms and a dozen of their total variations will be a real catch. I have chosen the standard MetaTrader 4 and am not experimenting. The spread is not the lowest, usually from 1 pip , but it is stable.

Work experience and so many regulators inspire confidence. The software is stable and all the necessary analytic tools and a good training base are in place. I have been working with this broker for over a year, and so far my opinion is rather neutral. As for the service, its level corresponds to an experienced broker. OK, time to refine my opinions and rate them, as I’ve become their client a few months ago.

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