It is usual that when registering in any Broker as HotForex also known as HF Markets in Europe you want to know if you pay because before making any deposit people need to be sure that their money is safe and they can withdraw it whenever they want from the account they have opened with a respective Broker.
In the case of HotForex/HF Markets this is a Broker duly regulated by several competent bodies, to be more exact it has more than five regulations, one registration and has won more than 25 awards since it opened its doors in 2010. To consult the regulations of this Broker visit the entry I made about him, where I explain various aspects of trading in HotForex.
This Broker is a completely transparent company so you will not have any problems with them as you will not suffer scams within their platform unlike other Brokers that are not regulated and if they are 100% scams. If you want to withdraw your money from this Broker after depositing it you can do so quickly but this will also depend on the payment method you choose for the respective withdrawal of funds.
How long does it take to process withdrawals at HotForex/HF Markets?
Normally HotForex withdrawals take between one to five business days to process depending on the payment method chosen, at least for Neteller and Skrill the time it takes to process withdrawals there is between 24 to 48 business hours, for Bitcoin withdrawals by Bitpay the processing time is 24 business hours and for all other payment methods withdrawals take more than 72 hours (3 days) up to five days at most.
How do I know that HotForex/HF Markets is not a scam?
This is a 100% transparent Broker and I can assure you that it is not a scam, not only I say it because I think it is but I have proof that it is a legitimate and transparent Broker and such proofs are the regulations that the Broker has, especially the one by the FCA in the United Kingdom that as such is the most reliable to take into account, while the others are very good to be by super recognized bodies, the FCA as such is the best of all.
Risk Warning: CFDs are a difficult product to understand and the CNMV believes that they are not suitable for retail investors due to their complexity and risk.
Warning for people in the European Union: CFDs are complex instruments that carry a high risk of losing money quickly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You need to understand how CFDs work and whether you can afford to take the high risk of losing your money.