Overview
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Account Type
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Description
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Features
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Micro
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Designed for traders new to the forex market and those trading
smaller volumes. Offers all of the main trading benefits of HotForex.
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- Minimum
Opening Deposit: 5 USD - Leverage of up to 1:500 - Trading instruments: Forex, Metals, Oil, Indices - Spreads: From 1 pip - Minimum trade size: 0.01 - The HotForex e-Course - Customer Support: 24/5, 12 languages - Bonus: Flexible Bonus Offerings |
Premium
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The Premium account accommodates the retail trader that wants to enjoy
the full benefits of trading with HotForex. The minimum opening deposit is
higher than that of the Micro account and there is no maximum total trade
size.
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- Minimum Opening Deposit: 500 USD - Free Signals from tradesignals.com - Trading instruments: Forex, Metals, Oil, Indices - Spreads: From 1 pip - Direct Trading room telephone access - PAMM account available - MYFX platform for deposits over 2,000 USD - Customer Support: 24/5, 12 languages - Bonus: Flexible Bonus Offerings |
VIP
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The VIP Account, like anything VIP, embodies luxury. This account
type accommodates traders who take their trading extremely seriously and
deserve a few special perks at the end of the da
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- Spreads: From 0.2 pips - Trading instruments: Forex, Metals, Oil, Indices - Personal Account Manager - Optional Performance Listing - PAMM account available - Customer Support: 24/5, 12 languages - MYFX Platform - Commission: $3 per 100,000USD traded |
Islamic
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The Islamic account type is available replicate many of the features
of the HotForex Premium account but with the key feature of no SWAP being
applied. This account type is reserved for clients of Muslim faith.
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- Minimum Opening Deposit: 150 USD - Spreads: From 1 pip - Trading instruments: Forex, Metals, Oil, Indices - Swap Free Account - Direct Trading room telephone access - PAMM account available - Customer Support: 24/5, 12 languages - MYFX platform for deposits over 2,000 USD - Bonus: Flexible Bonus Offerings |
Currenex
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Designed for scalpers. There is a commission of $5 per 100,000 traded
but the bid ask spread is tighter favoring scalping strategies.
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- Minimum Opening Deposit: 500 USD - Spreads: From 0.2 pips - Trading instruments: Forex, Metals, Oil, Indices - Direct Trading room telephone access - PAMM account available - Customer Support: 24/5, 12 languages - MYFX platform for deposits over 2,000 USD - Bonus: Flexible Bonus Offerings |
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