Review (April 2024)

4.93M

Estimated Revenue

447.58k

Website Visitors

2.5/5

Trustpilot Score

What do we know about HotForex?

Estimated Revenue (2020)

$4.93M

Total Employees

650

Founded

2010

Industry

Financial Services

Location

Port Louis, Mauritius

About

HotForex: HotForex is an award winning forex and commodities broker, providing trading services and facilities to both retail and institutional clients.

Social Links

Alexa Ranking: 16815

What is HotForex's Revenue?

HotForex's estimated revenue for 2023 is $4.93M.

What does HotForex do?

Multi-asset Regulated Broker | 45+ Industry Awards | Free Account Opening | Security of Funds | 27+ Supported Languages | $0 Fees on Deposits HotForex is an award winning forex and commodities broker, providing trading services and facilities to both retail and institutional clients. Through its policy of providing the best possible trading conditions to its clients and allowing both scalpers and traders using expert advisors unrestricted access to its liquidity, HotForex has positioned itself as the forex broker of choice for traders worldwide. What we provide HotForex offers various accounts types, trading software and tools to facilitate individuals and institutional customers to trade Forex and CFD's online. All Retail, Affiliates and White Label clients have the opportunity to access interbank spreads and liquidity via state of the art automated trading platforms. HotForex provides an unparalleled variety of account options that clients can select to enjoy a tailored trading experience that perfectly suits their needs. Coupled with superior trading conditions and lightning fast execution, HotForex provides all the tools and services needed for clients of any level to realise their trading ambitions. Our Mission is To Provide the Best Customer Service to our Clients by maintaining a Superb Client Centric Culture. In this way we will achieve our Vision of maintaining our position as a Market Leader known for our Superior Customer Services Risk Warning: Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Certain products & services mentioned herein may or may not be available to all clients depending on which HF Markets Group entity their trading account(s) adheres to.

What are the monthly traffic metrics for Hotforex?

6/mo Traffic Growth

-18.40%

All Time Traffic Growth

Create Free Account

Monthly Hits

448k

Time on Site

5.9Mins

Bounce Rate

45%

How fast is Hotforex growing?

Hotforex has grown by 23.3% in the last 6 months according to SimilarWeb.

How do people interact with Hotforex?

Last month, Hotforex received 448k visitors who spent an average of 5.9 minutes on the website and visited 4.0 different pages per session. Overall, 45% of people bounce on the first visit.

How do people find Hotforex?

252.5k people (56%) visit Hotforex directly. 121.3k (27%) people search for them in Google. Whereas, 22.4k (5%) discover Hotforex through Facebook, Reddit, and YouTube. 22.1k (5%) visitors come from Hotforex's email newsletters. Finally, 10.9k (2.4%) people come from affiliates and or paid referrals.

Who uses Hotforex?

Hotforex's top market is the Nigeria and they receive 82.8k (18.5%) people.
Then the 2nd is Malaysia with 49.1k (11.0%).
The 3rd is is United States with 35.1k (7.8%).

Traffic Growth (last 6 months)

All Traffic Source

Country Share

Traffic Growth (last 12 months)

See 12/mo Traffic Stats

What are Hotforex's ads on Google?

Google Ads

HotForex: Best Forex Broker | Low Spreads. Fast Execution‎

https://www.hotforex.com/

Security of Funds. $0 fees on deposits. Leverage up to 1:1000. 24/5 Support. Zero Spread Account · Free Webinars · Multi-Asset Broker · Free VPS Hosting · 8 Trading Platforms Highlights: Multiple Payment Options Available, Security Of Funds Available

HotF0rex.com - HotF0rex Official Site - HotForex.com

https://www.hotforex.com/sv/en/account-types/new-live-account.html

Over 2 million people worldwide have chosen a global leader - HotForex. Best Exchange Rates. 0% Withdrawal Commissions. Webinar online. 0% Commissions on Deposit. Open Live Account. Live Chat Available. View Products.

HotForex - Forex Broker - with hot bonus offerings - hotforex.com‎

https://www.hotforex.com/hf/landing-pages/bonus.html?refid=309624

Bouns : 100% Supercharged Bonus , 30% Rescue Bonus , 100% Credit Bonus

Keyword: forex bonus

HotForex - Forex Broker - with hot bonus offerings‎

https://www.hotforex.com/hf/landing-pages/bonus.html?refid=309624

Bouns : 100% Supercharged Bonus , 30% Rescue Bonus , 100% Credit Bonus

Keyword: forex no deposit bonus

HotForex - Forex Broker - The best of broker forex‎

https://www.hotforex.com/hf/landing-pages/zero-spread.html?refid=309624

No hidden fees, Spreads from 0.0 pips, No requotes (Forex, Gold, Silver)

Keyword: forex platforms

What do Hotforex's customers say about them?

Review Score

2.5/5

Total Reviews

73

Info

HotForex

[email protected]

+35724400561

Larnaca

5 Star
25.0%
4 Star
5.0%
3 Star
10.0%
2 Star
10.0%
1 Star
50.0%
Read reviews that mention
Jacob Peterman

Absolutely DUBIOUS!!

Reviewed on 2021-04-16T16:34:59

Absolutely DUBIOUS!!! HANDS OFF!!! I made over € 56,000 loss through the system !! the beginning it was ok,then there were unannounced rollovers, take profits with high losses instead of profits and no contact with customer service. 81% of customers have losses! With the terms and conditions, you quickly notice that the company does not want to keep customers long, for example, as a customer you only have 1 day to comment, otherwise the complaint will no longer be processed and further emails will be ignored! High costs and a SLOW system during the important trading hours must also be expected here. I secured the help of a recovery specialist who helped me retrieve a fair amount of my lost funds without any hitch, and I would highly recommend the many others globally who have been affected or in similar situation to get in touch with him via email gareth_albrighton*at*protonmail•com I'm terrified and disappointed that this company would put their reputation on the line like this but I have to believe that justice will prevail ultimately!
read more
James Curry

WARNING THIS BROKER IS SCAM

Reviewed on 2021-04-13T07:08:01

WARNING THIS BROKER IS SCAM! THEY DO NOT PROCESS CRYPTO WITHDRAWALS THEY KEEP THE MONEY AND SAY THEYHAVE PROCESSED YOUR WITHDRAWAL BUT REALLY THEY HAVENT AVOID IF YOU DONT WANT TO LOSE YOUR DEPOSITS.
read more
Fight Club

Hotforex- They rip off winning traders

Reviewed on 2021-04-13T05:55:27

Hotforex's platform - MT5 started behaving strangely once my profit started increasing.Order execution got delayed and there were messages like " order is in queue" or "off quotes" When i withdrew the fund there was 10% exchange rate difference(USDINR - market rate was 74.75 and i was given at 69.75) However they transferred the funds next day. Therefore 3 stars
read more
Sofia Van Dusen

They are very crafty and shady

Reviewed on 2021-04-12T13:13:59

They are very crafty and shady. I had money deducted from my account 3 consecutive times with no explanations.Then I decided to withdraw it all and close the account only to discover i could not do so and the customer support was not active. I filed a complaint for help to soluti0n3report.com and they helped me recover all my money. Hotforex is a scam. Beware and be safe.
read more
Martin Walikukha

WITHDRAWAL OF MONEY BY HOTFOREX

Reviewed on 2021-04-11T09:50:21

Hello,hotforex made a withdrawal of 106usd in my account which had 2 positions running...This made meblow my account due to inadequate equity...when i opened those two positions on audusd and usdjpy i had an equity of 215 usd and i saw a withdrawal of 106 usd from the hotforex...before opening those two orders i had carefully put in consideration the equity i had.
read more
Jonas Toshiuki

I can't withdraw the rest to close the…

Reviewed on 2021-04-01T09:08:59

I can't withdraw the rest to close the account I closed my account at this broker, they don't pay,they just tell me to send an email to the responsible sector and they don't solve anything.
read more
Tim Ford

Only because of the MT4

Reviewed on 2021-03-18T08:38:00

The only reason my review isn't 5 stars is because of the trading platform, the MT4,it's an old product and really not attractive but their service is great.
read more
Omid Navid

Not a reliable broker for your investment

Reviewed on 2021-03-04T13:19:00

BEWARE: Scammed some minor regions Ok so, i was working with this broker for few years,i had a trading account which i used trading spot Metals in there, ummm, i kinda created a portfolio which i don't think that would be a problem because you pay the commission and Swap for your trading positions. suddenly they informed me that they would no longer work with my region and closed my portfolio with current market price against my will and caused me a loss of $2700 USD And the most important thing was they didn't at least notify me a month or two earlier so i could at least have time to adjust my portfolio and withdraw my savings so i emailed customer support staff detailing that if you're no longer work with my region then you should be responsible for my investment because i trusted this broker by throwing my earnings into it and you closed my trades at a bad time, and i want my money back because your broker was responsible by closing my trades against my will so they didn't listen and they're response was: 'Sorry for any inconvenience' ( i will attach the conversations in here if needed) So they closed my trades against my will and caused me a huge loss and they response was sorry for any inconvenience They 're not responsible for your hard worked money they will take it away and throw you out at anytime they want So please listen and stay away from this unreliable broker
read more

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