When it comes to list of top Commodities and Forex broker that offers services to institutional as well as retail traders, HotForex is the most reliable name. From professional traders to scalpers, everyone wants to try his/her hands-on HotForex.
Popular because of transparency, openness, and honesty, HotForex is managed by HF Markets (SV), and the brokerage company operates under license from St. Vincent, the Grenadine. HotForex was launched in 2009.
The trading platform allows traders to deal in leveraged financial instruments, CFDs, indexes, commodities, binary options, and currencies as well. State of art trading platform combined with lightning fast trade execution and interbank spreads make HotForex the best trading platform.
Why is this considered best trading platform?
HotForex's popular platforms are HotForex MT4, MT4 MultiTerminal, iPhone trader, iPad trader, Web trader, mobile trader and more. So, you can trade using HotForex from your desktop as well as mobile phone with same ease.
Platform's fast forward execution and manageable spreads have earned positive reviews.
HotForex offers a variety of accounts that are suitable for almost all traders. Currenex account, Islamic account, FIX account, VIP account, Premium account and Micro account are the options. If you are new to trading, you can try your luck with Micro account.
Most of the user reviews for HotForex are positive. Tools like Forex education and video tutorials make this platform hot favorite for newcomers in trading world. You can start trading with as much as $50.
What's so special?
As far as data security is concerned, this platform deserves five out of five because of its 256-bit SSL technology that encrypts all the data.
Bonuses offered with this platform may vary from one nation to the other.
Along with usual trading features, HotForex is also loaded with social features that allow traders to interact with each other, discuss market news, strategies, and other opportunities.
HotForex's demo account deserves special mention. The account is loaded with virtual balance of $100,000. It offers real time market data and creates real like trading environment for users. Beginner's support for demo account is equally great.
Is their customer service team trader friendly?
Before purchasing this trading platform, you can chat with HotForex's team for few minutes. You would find that they are not just helpful, but courteous as well. The company offers chat support, telephone support and email support for five days every week. Customer service is available in 10 different languages. They have received multiple awards for the same.
HotForex allows traders to access 20 markets and deal in more than 200 assets. Custom made software solutions are compatible with wide range of computers as well as smart phones and tablets. Reviews suggest that the system has actually helped jobless individuals with at least small amount of monthly income.
Overall, the trading platform is one stop trading shop for all sorts of traders. The awards and recognition received by the platform justifies the same. It does not support players from countries, so make sure that it is available for traders in your country before buying the same.