All You Need to Know About HotForex

Mihai Cristea 14/12/2020 | 15:08

Internet-based trading was first introduced to the public in the year 1992, after the worldwide accessibility of the internet. Through this, online trading between currencies has been made easy, and it has become an industry of its own over the years. Individuals interested in trading market stocks have leaped over time and a lot of investors became rich with such a skill for trading.

 

Forex, also known as foreign exchange, is a marketplace where you can trade national currencies with each other. It is supported by a centralized government, and it determines the exchange rate of foreign currencies. It is considered as one of the largest liquid assets trading markets in the world. Forex trading is more secure in terms of investment, and many people consider entering the industry due to its promising opportunities.

What is HotForex?

HotForex is a Forex broker specializing in trading services and providing a place for both corporate and retail clients. They are rated 4.5 out of 5 due to their amazing service, fast trade execution, security, and more. According to a HotForex review, they have an outstanding reputation among their clients and have provided great support among their customers in the trading industry. Currently, they are supporting up to 24 languages all over the world and can reach not only the trading elites but also, the ambitious individuals desiring to succeed in this industry.

What Makes HotForex a Great Broker Platform?

With tons of brokers crowding in the trading industry today, HotForex made it among the top of the most trusted platforms. But what makes it a favorite among traders and investors?

  • They Offer a Demo with Unlimited Features

This feature allows users to become familiar with the whole platform before proceeding in the actual trading dealings. Although most platforms offer the same thing, HotForex is different in terms of quantity. They allow users to have an unlimited feature experience and discover how you can enjoy trading online by giving you a virtual $100,000 to practice with. Other brokers only offer demos with limited features that don’t bring out the best in an aspiring trader. 

  • It’s Safe

Scams in the investment industry are just lying all over the internet, waiting for unsuspecting victims. They use persuasive techniques to make customers think that they are legitimate businesses. Most people are cautious with this aspect, and you can ensure that HotForex is 100% legit and it is even regulated by 3 Tier financial regulators. Their major regulators are:

  • Financial Conduct Authority
  • FSCA Seychelles
  • DFSA Dubai
  • HF Markets
  • It Protects Its Clients

While other brokers focus more on making a profit from their customers, HotForex gives more importance to providing its customers with a great platform where they can make great trades and find good deals in the market. The funds are safely handled by segregated bank accounts to guarantee protection against fraudsters and negative balances.

HotForex is strongly recommended by reviewers and it stands out with a considerable number of advantages you can only get in the given platform. It has a stable trading market, offers one of the lowest commissions and fees applied in the Forex retail industry, and has excellent customer support. If you are considering entering the area, HotForex is a great choice to start familiarizing yourself with the industry and they will help you achieve your goals in no time.

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