HotForex/HF Markets account types

HotForex also known as HF Markets is an excellent Forex and CFD Broker for trading on the market, this Broker is regulated by many competent bodies worldwide so the transparency and security of its service provision is fully guaranteed.

HF Markets is undoubtedly a reference in this area of the market because its quality is very high and apart from that the investment instruments are very varied as well as its trading platforms, in this aspect beyond its security this also makes it an ideal broker for trading.

Apart from the above mentioned you can’t exclude your account types, previously I had already made a post on this blog about HotForex Broker and although it is very complete as far as account types are concerned it is a bit outdated, now I still invite you to look at it to get informed about regulations and other relevant details of this Broker “Trade with HotForex Broker“.

What are the HotForex Broker account types

Returning to the main topic now if I mention the six types of accounts that currently exist in this Broker, it should be noted that any of the six accounts is very good and it is completely up to you to choose which one to open according to your needs.

Micro Account

• This is the most basic account on the platform, its features are as follows:
• The minimum deposit is 5 dollars or euros.
• The minimum size of each operation is 0.01 lot.
• Maximum leverage of 1:1000
• Variable spreads from 1 pip.
• You can increase the amount of operations from 0.01 lots onwards.
• This account shows up to five decimal places in asset prices.
• The maximum size of each item is up to 7 standard lots.
• You can have up to 150 orders open simultaneously.
• The margin alert is 40%.
• The Stop Out level is 10%.
• The available trading platforms are MetaTrader 4, MT5, Webtrader and the respective application for Android and Apple mobile devices.
• You have a personal manager on this account.
• The base currency of the account can be USD, EUR, NGN.
• For this account all the bonuses that are made available apply, this is only if the customer wants to activate one, it is not mandatory at any time.
• Telephone trading can be done at any time from Monday to Friday.

Premium Account

• The minimum deposit is 100 dollars or euros.
• The minimum size of each operation is 0.01 lot.
• Maximum leverage of 1:500
• Variable spreads from 1 pip.
• You can increase the amount of operations from 0.01 lots onwards.
• This account shows up to five decimal places in asset prices.
• The maximum size of each item is up to 60 standard lots.
• You can have up to 300 orders open simultaneously.
• The margin alert is 50%.
• The Stop Out level is 20%.
• The available trading platforms are MetaTrader 4, MT5, Webtrader and the respective application for Android and Apple mobile devices.
• You have a personal manager on this account.
• The base currency of the account can be USD, EUR, NGN.
• For this account all the bonuses that are made available apply, this is only if the customer wants to activate one, it is not mandatory at any time.
• Telephone trading can be done at any time from Monday to Friday.

Zero Spreads Account

• The minimum deposit is 200 dollars or euros.
• The minimum size of each operation is 0.01 lot.
• Maximum leverage of 1:500
• Variable spreads from 0 pip.
• You can increase the amount of operations from 0.01 lots onwards.
• This account shows up to five decimal places in asset prices.
• The maximum size of each item is up to 60 standard lots.
• You can have up to 500 orders open simultaneously.
• The margin alert is 50%.
• The Stop Out level is 20%.
• The available trading platforms are MetaTrader 4, Webtrader and the respective application for Android and Apple mobile devices.
• You have a personal manager on this account.
• The base currency of the account can be USD, EUR, NGN.
• Bonuses do not apply to this account.
• Telephone trading can be done at any time from Monday to Friday.
• Since it is a “ZERO” account, in other words, from 0.0 spreads, a commission is charged on Forex pairs.

Auto Account

• The minimum deposit is 200 dollars or euros.
• The minimum size of each operation is 0.01 lot.
• Maximum leverage of 1:500
• Variable spreads from 1 pip.
• You can increase the amount of operations from 0.01 lots onwards.
• This account shows up to five decimal places in asset prices.
• The maximum size of each item is up to 60 standard lots.
• You can have up to 300 orders open simultaneously.
• The margin alert is 50%.
• The Stop Out level is 20%.
• The available trading platforms are MetaTrader 4, Webtrader and the respective application for Android and Apple mobile devices.
• You have a personal manager on this account.
• The base currency of the account can be USD, EUR, NGN.
• Bonuses do not apply to this account.
• Telephone trading can be done at any time from Monday to Friday.

PAMM Account

• The minimum deposit is $250.
• The minimum size of each operation is 0.01 lot.
• Maximum leverage of 1:300
• Variable spreads from 1 pip.
• You can increase the amount of operations from 0.01 lots onwards.
• This account shows up to five decimal places in asset prices.
• The maximum size of each position is unlimited.
• You can have up to 500 orders open simultaneously.
• The margin alert is 50%.
• The Stop Out level is 20%.
• The available trading platforms are MetaTrader 4, Webtrader and the respective application for Android and Apple mobile devices.
• You have a personal manager on this account.
• The base currency of the account is USD.
• Bonuses do not apply to this account.
• Telephone trading can be done at any time from Monday to Friday.

HFCopy account

• The minimum deposit is $500 for strategy providers and $100 for followers.
• The minimum size of each operation is 0.01 lot.
• Maximum leverage of 1:400
• Variable spreads from 1 pip.
• You can increase the amount of operations from 0.01 lots onwards.
• This account shows up to five decimal places in asset prices.
• The maximum size of each item is 60 standard lots.
• You can have up to 300 orders open simultaneously.
• The margin alert is 50%.
• The Stop Out level is 20%.
• The available trading platforms are MetaTrader 4, Webtrader and the respective application for Android and Apple mobile devices.
• You have a personal manager on this account.
• The base currency of the account is USD.
• Bonuses do not apply to this account.
• Telephone trading can be done at any time from Monday to Friday.

Features of HotForex/ HF Markets account types

As you may have noticed, I mentioned the most relevant characteristics of each type of account, and the only thing you have to do is to try the one you like the most and of course start trading in the market, there is also a demo account, I did not mention it because it is merely demonstrative and it is unnecessary to mention it, the only relevant feature is that with it you can try all the functions of the Broker using a fictitious balance exclusively for demonstration purposes.

Conclusions

HotForex is one of the best brokers for trading on the Forex market, it is regulated, highly secure, has several trading platforms and offers multiple account types to suit any trader, in short it is ideal for you to trade on the market.