HotForex Promotions (Welcome Bonus and Trading Contests)

HotForex offers some of the best Forex Trading Promotions in the industry. You may find very high welcome bonus up to 100% and a great number of contests. What is fantastic is that you can take advantage of a welcome bonus or any other ordinary promotion and at the same time to participate the huge Forex-Rebates.com HotForex Rebate Plan. No conflicts between the Bonus Policy and Our Rebate. This combination of Bonus & Rebate generates an excellent opportunity for Increased Funds via the bonus and decreased Trading Cost via our Huge Rebate. No future HotForex Client should miss that chance for no reason.

(1) HotForex Welcome Bonus

(1.1) 100% Welcome Bonus in Addition to Forex-Rebates.com HotForex Plan

The 100% Bonus is matching your deposit. It can be withdrawn based on some volume-generated restrictions. The volume requirements in order to withdraw the bonus concern one standard lot traded per 1USD of bonus as concerns Forex Trading and Silver Trading. Moreover, 10 lots traded per 1USD as concerns Gold Trading, Oil Trading, and Stocks & Indices Trading. 

1. May be used from the start as an Increased Leverage

2. You can withdraw the bonus if the volume conditions

3. You may take advantage of our Rebate Plan at the Same Time this Bonus Offering (no conflicts)

(1.2) 30% Rescue Bonus

This Rescue Bonus aims to protect any trader’s account from unpleasant drawdown periods. The Rescue Bonus may be used without limitations. 

1. May be used as Increased Leverage and Protect from a Margin Call or a Stop Out

2. You may withdraw the 30% Rescue Bonus under Policy.

3. You may take advantage of the Forex-Rebates.com Plan at the Same Time this Rescue Bonus Offering (no conflict)

*The terms and conditions of any Bonus Policy may change so you are advised to check always for updated information via the HotForex Official Web-Site.

(2) HotForex Trading Contests and Awards

These are the Main HotForex Contests.

(2.1) HotForex VIP Contest

The winner of the HotForex VIP Contest will receive an expensive trip along with a selected friend.

(2.2) HotForex Demo Contest

The HotForex Demo Contest is an excellent opportunity to gain some extra cash with zero-risk.

(2.3) HotForex Traders Awards

The best Trader for a Year receives 1,000USD in cash prizes.

(2.4) HotForex Rolex Contest          

This is a Real Trading Contest. The winner gets an expensive Rolex Oyster Perpetual Submariner.

(2.5) Top Affiliate Competition

The Top Affiliate Contest offers 2,000USD cash each month for the best HotForex Partner.

Read more: HotForex Welcome Bonus and Trading Contests

HotForex Trading Accounts

HotForex offers 5 Account Types. In the following table, you will be able to compare all HotForex account types.

Account Types	Micro	Premium	VIP	FIX	Currenex
Minimum Deposit (USD)	50USD	500USD	40,000USD	500USD	500USD
Welcome Bonus	Yes	Yes	Yes	Yes	Yes
Plus Forex-Rebate (by Forex-Rebates.com)	$5.0/lot	$5.4/lot	$6.0/lot	$5.4/lot	$5.4/lot
Automated Rebates	Yes	Yes	Yes	Yes	Yes
Max Leverage	30:1
Minimum Lot Size	0.01	0.01	0.1	0.01	0.01
Trading Platforms
WebTrader	Yes	Yes	Yes	Yes	Yes
MetaTrader4	Yes	Yes	Yes	Yes	Yes
Mobile Traders (iPhone, iPad Android, BlackBerry, Windows)	Yes	Yes	Yes	Yes	Yes
Type of Spread	Variable Spread	Variable Spread	Variable Spread	Fixed Spread	Variable Spread
Minimum Spread	1.0 pip	1.0 pip	0.4 pip	Fixed	0.4 pip
Minimum Spread	1.0 pip	1.0 pip	0.4 pip	Fixed	0.4 pip
Automated Trading / Scalping	Yes	Yes	Yes	Yes	Yes
Financial Instruments
Forex Trading	Yes	Yes	Yes	Yes	Yes
Commodity Trading	Yes	Yes	Yes	Yes	Yes
CFDs / Shares	Yes	Yes	Yes	Yes	Yes
World Indices	Yes	Yes	Yes	Yes	Yes
Other Trading Information
Accounts Held in	Euro, USD	Euro, USD	Euro, USD	Euro, USD	Euro, USD
Trading Commissions	No	No	Yes	No	No
Margin Call	40.0%	50.0%	50.0%	50.0%	50.0%
Stop Out Level*	10.0%	20.0%	20.0%	20.0%	20.0%
Trading Facilities
Telephone Trading	Yes	Yes	Yes	Yes	Yes
Account Manager	No	Yes	Yes	Yes	Yes
Other Personalised Services	No	No	Yes	No	No

Read more: HotForex Trading Accounts

HotForex Trading Platforms Review 

HotForex provides a wide selection of Desktop and Mobile Forex Trading Platforms. You may find the popular MT4 with and an additional MutiTerminal version, an easy-to-use WebTrader plus the FIX/API Platform specially designed to meet the trading needs of Forex pros. Mobile Trading includes apps for iPhone, iPad, Android, BlackBerry, and a Windows Smartphone Trader. In this article, you may find also information about the HotForex free VPS Hosting service.

 

1. HotForex WebTrader Platform

The HotForex WebTrader offers easy trading for beginners and semi-advanced traders. The interface is user-friendly while the whole trading experience is highly customizable in order to fit any individual needs. A lot of features are incorporated such is the order management and advanced charting capabilities. The WebTrader platform is web-based and there is no need for downloading and installing any kind of software. The HotForex WebTrader is actually based on the popular Adobe Flash.

HotForex Web Trader Characteristics:

1. 100% Web-Based (Run in any Internet Browser)

2. Common Login and password with your MT4 account

3. Ability to open positions within the WebTrader and close them within the MetaTrader4

4. Multi-Lingual trading experience

5. The HotForex WebTrader may be used in any Windows, Linux or Macintosh personal computer

2. HotForex MetaTrader4 Platform

The MetaTrader4 platform is certainly an Industry Standard as concerns the Forex Industry. The HotForex MetaTrader4 platform provides some extra advantages for its users, for example, there are additional trade execution features.

HotForex MetaTrader4 Characteristics:

1. Enhanced Charting Capabilities and Trading Analysis

2. Automated Trading and Scalping Allowance

3. Develop and use your own Forex Robot (Expert Advisor)

4. Allowing Stop-Loss Orders

5. Multi-lingual Trading Experience

6. Analytical Trading Tools

7. Newsfeeds and Alerts

8. Real-Time Summary and Daily Statements

 

 

 

3 HotForex MT4 Multi-Terminal Platform

The Multi-Terminal trading platform offers the chance of managing many separate trading accounts in one single platform. All the pre-mentioned MetaTrader4 features are included in the Multi-Terminal MT4.

HotForex Multi-Terminal Characteristics:

1. Supports Unlimited Accounts Number

2. Runs on Windows-based PCs (above Windows 98)

3. Provides Multiple Trading Orders

4. Monitor Trading History

5. Manage Trading Activity in Real-Time

6. Live Price Feeds

4. HotForex Rapid-Trader Platform (FIX/API)

The Rapid-Trader is a FIX / API trading platform designed to meet the needs of Forex Professional Traders. Note that this platform is not for the average trader as the minimum balance to use the FIX protocol is 50,000USD.

HotForex FIX/API Platform Characteristics:

1. Can be used with Automated Systems others than MetaTrader4

2. Enhanced Trading Orders

3. Allows the Integration of Forex Trading and Corporate Treasury Systems

4. Automation of Price Quotes

5. Management of Order-Routing

6. The Account Balance required in order to use this FIX / API System must remain constantly above $50K

 

Read more: HotForex Trading Platforms Review