HotForex is a MetaTrader broker founded in 2010 and is regulated by FCA, SySEC, and other regulators. It offers 47 currency pairs, cryptocurrencies, and access to over 1,000 securities including precious metals, commodities, stocks, bonds, and stock indexes. Mobile trading is offered with MT4, MT5 mobile apps as well as proprietary HF App (in development).
HotForex offers a social copy-trading platform HF Copy. Traders also get access to the client sentiment data, in-house produced market analytics, and educational materials including training videos, books, and articles.
Please read HotForex Reviews below and share live trading experiences with this broker.
|Regulation||CySEC, FCA, DFSA, FSCA|
|Headquartered||Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, Saint Vincent And Grenadines|
Regulation and Security
When it comes to regulation, security and transparency Hot Forex ticks all the boxes. This broker is as open as it gets in today’s market space. Hot Forex is divided into two entities, HF Markets UK LTD and HF Markets Europe LTD.
HF Markets UK LTD is authorised and regulated by the Financial Conduct Authority (FCA). The company’s reference number is 801701. It also participates in the Financial Services Compensation Scheme (FSCS).
HF Markets Europe LTD is a Cypriot Investment Firm (CIF) and the registration number is HE 277582. The brokerage is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The license number is 183/12. This makes Hot Forex compliant with the Markets in Financial Instruments Directive (2004/39/EC) or MiFID which has been in effect since November of 2007 and was updated in January of 2018 with MiFID II/MiFIR. It also includes the 4th Anti-Money Laundering Directive passed in June of 2015. In addition, the firm publishes its Pillar III Disclosures, participates in the Investor Compensation Fund (ICF) and is a member of the Association of Cyprus International Investment Firms (ACIIF).
HF Markets (DIFC) LTD is authorised and regulated Dubai Financial Services Authority (DFSA). The licence number is F004885.
HF Markets SA (PTY) LTD is authorized and regulated as a Financial Service Provider (FSP) from the Financial Sector Conduct Authority (FSCA) in South Africa. The licence number is 46632.
HF Markets (Seychelles) LTD is incorporated under the laws of the Republic of Seychelles. The registration number 8419176-1 and the firm is regulated by the Seychelles Financial Services Authority (FSA). The Securities Dealer Licence number SD015.