In this review of the Broker HotForex also known as HF Markets I will review this company to determine if it is reliable or not, it should be noted that this Broker is online since 2010 and since then have attracted more than one million traders to their platform.
This Broker has more than five regulations, in addition he has several registrations and multiple prizes granted by diverse organisms in several countries, to be a little more exact he has more than 20 different prizes which is not bad at all, additionally year after year they gain recognition and therefore they expand even more their clientele.
Professional traders speak very well of this investment platform, on the other hand there are the negative opinions of other people as happens in any Broker, because they attribute their losses to the fact that it is the Broker’s fault when it is not so, everyone is responsible for their money and therefore must take care of it when investing in the market.
HotForex is a transparent Broker that presents the graphs of the financial instruments that offers updated in real time without the risk of fraud, besides they have many regulations as I said so it is silly to say that this Broker can be bad or a scam, regarding the regulations you can verify them in the entry on HotForex where I explain everything about that investment platform.
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HotForex’s positive opinions far outweigh its negative ones
One of the most important things of any Broker are the opinions of his clients beyond the regulations that the company may have, in this aspect the positive opinions of his clients surpass by far the negative ones and this is extremely important and must be taken into account before opening an investment account with them.
There will always be negative opinions in any company but what differentiates a good company from a bad one is that the majority of the opinions are positive with respect to the negative ones and the same happens when a company is a fraud, in this sense the majority of the opinions that it has will be negative.
90% of the traders who invest in HotForex are satisfied with their investment services because they are of high quality and beyond that they are highly transparent being something very important to operate in the market, since everyone wants to do Trading in a safe Broker like this one.
What are the most important regulations of HotForex?
From my point of view the most important regulations of HotForex/HF Markets are by CySEC and by FCA, since both bodies are the most recognized in terms of regulations for Brokers, being the FCA the most recognized and trustworthy body. Not every Broker can afford to have a regulation by the FCA, if you want to verify the licenses of this Broker visit the publication left above.
What are the types of accounts at HotForex?
Well this Broker offers a great diversity of accounts that adapt to all Traders, both retailers and those who use large amounts of money to make investments, in the publication that link above within this blog are detailed the characteristics of each account and so what I will do here is just mention the name of them:
- Demo Account.
- Micro account.
- Zero account.
- Premium Account.
- HFCopy account.
- Auto Account.
- PAMM Account.
Keep in mind that the Fixed account is not available to European Union clients because the regulations do not allow it since mid 2018, as I said for more information on these accounts visit the related entry above.
Open your trading account now
If you are a professional Trader who wants to operate in the market with an excellent Broker then you should open your Trading account now in HotForex, since this Broker is the best you can choose, keep in mind that this Broker is ideal for day trading, scalping, among other modalities or investment styles thanks to the fact of being an ECN Broker.
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.