Global Forex Company Hot Forex Summary

Forex Company

Hot Forex is a very well-known Forex trader in Europe and Southeast Asia, which started operation in 2010. It is attractive because it has a maximum leverage of 1000 times. We also offer bonuses in our 100% deposit campaign, which is always held. In particular, the stock handles 939 stocks, and it can be said that the number of stocks is top-level. The operating company is HF Markets (SV) Ltd., located in the St. Vincent and the Grenadines.


Company information

Hot Forex is a Forex brand operated by HF Markets (SV) Ltd. The FX trading service will be available in 2010, and the operating period is fairly long.

Company NameHF Markets (SV) Ltd
Headquarters locationSuite 305, Griffith Corporate Centre, P.O Box 1510, Beachmont Kingstown St. Vincent and the Grenadines
Business start dateApril 20, 2010
number of employees250


A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is Hot Forex licensed? It is licensed in the UK, which is the strictest license.

Company NameAcquisition license
HF Markets (SV) LtdRegistered as an international operating company in St. Vincent and the Grenardin Islands
HF Markets (UK) LtdUK Financial Conduct Authority (FCA)
HF Markets (DIFC) LtdDubai Financial Services Authority (DFSA)
HF Markets SA (PTY) LtdSouth Africa’s Financial Conduct Authority (FSCA)
HF Markets (Seychelles) LtdSouth Africa’s Financial Conduct Authority (FSCA)

Email support

Hot Forex supports live chat, email, phone and all contact methods. However, there is no Japanese language support for telephones.

Inquiry methodContents
chatIt will respond in real time. Weekdays from 15:30 to 24:00 (Japan time).
EmailYou can make inquiries by email from the HotForex website. You will get some reply within 24 hours.
phoneI do not recommend calling the HotForex support desk. This is because it will be treated as an international call and the telephone charges will be higher.

Supported language

The following languages are supported. Compared to other vendors, it is very many and fulfilling.

  • Arabic
  • Chinese
  • English
  • French
  • German
  • Indonesian
  • Italian
  • Japanese
  • Korean
  • Malay
  • Portuguese
  • Russian
  • Spanish
  • Thai
  • Turkish
  • Vietnamese
  • Bengali
  • Czech
  • Filipino

Loss compensation

Introducing zero cut. Zero cut is a mechanism that HotForex compensates for the loss and makes the balance zero when the account balance becomes negative. In other words, you don’t have to borrow money.

Withdrawal method

There are the following methods for withdrawing Hot Forex. There is one caveat. This vendor does not support bank transfers.

Withdrawal methodCommissionReflection time
Credit / debit cardfree2 to 10 business days
bitwalletfreeFrom the day to the next day
BitPayfree1 to 3 days later

Payment method

There are the following methods for depositing Hot Forex. There is one caveat. This vendor does not support bank transfers.

Payment methodCommissionReflection time
Credit / debit cardfreeWithin 10 minutes
bitwalletfreeWithin 10 minutes
BitpayfreeWithin 10 minutes

Account type

Hot Forex is divided into several accounts according to each trader’s preference. You can choose your favorite type. The differences are summarized in a table.

itemmicropremiumZero spread
Maximum leverage1000500500
Minimum trading volume0.010.010.01
Maximum trading volume76060
Maximum number of positions150300500
Stop level3.0pips3.0pips2.0pips
Minimum deposit500yen10000yen20000yen

Currency pair

Hot Forex supports the following currency pairs. I also listed the average spread.

AUD/JPY2.3 pips
CAD/JPY2.3 pips
CHF/JPY2.9 pips
EUR/JPY1.7 pips
EUR/USD1.2 pips
GBP/JPY3 pips
NZD/JPY2 pips
USD/JPY1.7 pips
AUD/CAD3.4 pips
AUD/CHF4.2 pips
AUD/NZD4 pips
AUD/USD1.5 pips
CAD/CHF2.4 pips
EUR/AUD3.9 pips
EUR/CAD2.6 pips
EUR/CHF1.9 pips
EUR/CZK31 pips
EUR/DKK48.2 pips
EUR/GBP1.8 pips
EUR/HUF39.9 pips
EUR/NOK33.6 pips
EUR/NZD6.9 pips
EUR/PLN31.8 pips
EUR/ZAR100 pips
GBP/AUD4.5 pips
GBP/CAD4.1 pips
GBP/CHF2.4 pips
GBP/NZD5.7 pips
GBP/USD1.8 pips
GBP/ZAR200 pips
NZD/CAD5.6 pips
NZD/CHF4.4 pips
NZD/USD1.9 pips
USD/CAD1.9 pips
USD/CHF1.9 pips
USD/CNH25 pips
USD/CZK23.1 pips
USD/DKK14.1 pips
USD/HKD6 pips
USD/HUF34 pips
USD/MXN70 pips
USD/NOK24.7 pips
USD/PLN32.6 pips
USD/RUB850.9 pips
USD/SEK27.6 pips
USD/SGD5.1 pips
USD/THB7.3 pips
USD/TRY95 pips
USD/ZAR90 pips
ZAR/JPY3.7 pips

Scalping trade

Scalping trading is also possible with Hot Forex. Both buildings are prohibited. We recommend trading with a zero spread account.

Automatic trading is at your own risk

Hot Forex can also be bought and sold automatically. You can use it, but if there is a one-sided trend, the unrealized loss will be large and all the principal will often fly away. Although it is your responsibility to invest in general, please be aware that EA trades can fail in one trend even if the winning percentage exceeds 90%.

Low risk, low return for beginners

Beginners should not be familiar with Forex yet, so start trading with a small number of lots. If you have one position and one lot, you will not suddenly go bankrupt. Let’s start low risk and low return.

Whether or not withdrawal is refused

It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. What about Hot Forex, as some companies run away at worst? The patterns of withdrawal refusals from past cases are summarized below.

Case studyContents
Bonus withdrawalBonuses cannot be withdrawn.
Withdrawal over the deposit amountWithdrawals over the deposit amount are limited to bitwalet. In all other cases it will be rejected. Withdrawal
Not the same withdrawal method as the deposit methodWithdrawal methods different from the deposit method will be rejected to prevent money laundering.
Double-decker transaction with multiple accountsIt is possible to make a double-decker transaction with a single account, but multiple transactions are in violation of the rules.
Bank remittanceHotForex does not support bank transfers.
ArbitrageArbitrage is prohibited.
Excessive scalpingIt overloads the server and is considered a nuisance and may freeze your account.

Full support

HotForex offers live chat, phone and email support. We recommend it because there are so many stocks that can be traded.