Reviewed broker: HFM (previously known as Hotforex)

Operated by: HF Markets Group, related website is

Established in 2010

Location: St. Vincent and the Grenadine

USA traders: not accepted

Execution: market execution

Expert advisors: allowed

VPS hosting: available

Safety of client funds: segregated accounts

Trading Instruments: Forex, Crypto

Cryptocurrencies Trading Details

HotForex has recently added cryptocurrencies to its tradable CFDs, allowing clients to expand their trading strategy and include these instruments in their daily trading. Popular digital currencies , including bitcoin, are perfect for CFD trading. HotForex enables you to trade a variety of pairs consisting of Bitcoin, Ethereum, Litecoin and Dashcoin, all at very competitive prices and great liquidity to suit all your trading needs.

Advantages of Trading with HFM

Trading Conditions

  • Tight Spreads starting from 0.1 
  • Maximum leverage up to 1:1000
  • Scalping and Hedging allowed
  • 20 Industry awards
  • Execution Desk, Transparency

Smart Trading

  • Selection of Forex, Indices, Commodities and CFDs
  • 100 Welcome Bonus and Supercharged Bonus
  • Many continuous Promotions
  • No fees for Account Funding

Advanced Trading Tools

  • One Click Trading execution
  • Market News and Analysis
  • Free VPS hosting
  • Educational Material for Beginners
  • Auto Transfer for Instant Withdrawals

HFM Review : Trading Platforms and Features

Platform Selection:

  • MT4 Desktop version
  • HotForex Metatrader 4 Web
  • Hotforex Metatrader 4 for smart phone and devices
  • Hotforex RapidTrader API 

One click trading: yes

Spread types: variable, fixed

Account types: micro, premium, zero, pamm, fixed, vip, auto

Islamic swap free accounts: available

Maximum leverage up to 1:1,000

Typical spread starts from 2.5 pips 

Minimum trade size: 0.01 lot

Margin call level: 50%

Stop out level: 20%

Scalping: allowed

Hedging: allowed

Phone trading: available

API trading: available

VPS hosting: available

Negative balance protection

Payment Methods for Deposits and Withdrawals

Minimum deposit requirement: $5

Payment methods: credit cards, Skrill, Unionpay, Neteller, wire transfer, Webmoney , Fasapay, Bitcoin

Educational Resources and Bonuses

Educational material: daily market analysis, weekly live webinars

Promotions and bonus offers: facebook contest with gadget prize, traders awards 2017, demo contest, trade with stype, deposit and win, VIP contest, currency wards

Customer Representatives

Customer support: email, phone, live chat

How was the rating of HFM performed compared to other brokers? 

This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on HFM broker performance and features. 

Overall our online Hot forex review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Hotforex or you find inaccurate details HFM broker review please get in touch with us and the changes will be applied. 

Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2023, market analysis, trading signals, learning resources and comparison tables. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Currency trading is not suitable for all investors. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice.