BrokAIr Reviews

Hotforex Review

Hotforex is a controversial online brokerage, as some users have reported that they have experienced delays in receiving their funds. Is Hotforex really the best choice for online traders?

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Hotforex Overview

Hotforex is an online brokerage founded in 2010 by the HF Markets Group. It has become one of the most popular online brokerages for retail traders over the years, with a wide range of services, tools and platforms for trading in Forex, CFDs, commodities and other markets.

Hotforex Pros

Hotforex Cons

Public Opinion on Hotforex

Overall public opinion of Hotforex is mostly positive. Many reviews cite their competitive fees, the wide selection of trading platforms and services, and their excellent customer support as the main reasons why they chose Hotforex. There are also some negative reviews regarding their high minimum deposits and lack of US clients. However, these are minor complaints compared to the overall positive opinion regarding Hotforex.

Hotforex Newsworthy Events

Over the years, Hotforex has been involved in many newsworthy events. In 2017, they received a prestigious award from FX Empire for “Best Forex Broker”. In 2018, Hotforex was recognized as one of the top three brokers for customer service by Forex Magnates. In 2019, Hotforex was awarded the “Best Online Broker” award from World Finance Magazine. In 2020, Hotforex was listed in the World Finance100 list of the world’s leading financial institutions. Recently, Hotforex has been awarded the “Best Online Broker 2021” award by Global Banking & Finance Review.