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HotForex broker Accounts
HotForex Account Types
HotForex offers six different types of trading accounts tailored to meet the needs of various traders. These account types include:
- Micro Account
- Minimum Deposit: $5
- Maximum Leverage: 1:1000
- Minimum Trade Size: 0.01 lots
- Maximum Total Trade Size: 7 standard lots
- Spreads: From 1 pip
- Trading Platforms: MT4, MT5, WebTrader, Mobile Trading
- Premium Account
- Minimum Deposit: $100
- Maximum Leverage: 1:500
- Minimum Trade Size: 0.01 lots
- Maximum Total Trade Size: 60 standard lots
- Spreads: From 1 pip
- Trading Platforms: MT4, MT5, WebTrader, Mobile Trading
- Zero Spread Account
- Minimum Deposit: $200
- Maximum Leverage: 1:500
- Minimum Trade Size: 0.01 lots
- Maximum Total Trade Size: 60 standard lots
- Spreads: From 0 pips (commission applies)
- Trading Platforms: MT4, MT5, WebTrader, Mobile Trading
- Auto Account
- Minimum Deposit: $200
- Maximum Leverage: 1:500
- Minimum Trade Size: 0.01 lots
- Maximum Total Trade Size: 60 standard lots
- Spreads: From 1 pip
- Trading Platforms: MT4, WebTrader, Mobile Trading
- PAMM (Premium) Account
- Minimum Deposit: $250
- Maximum Leverage: 1:300
- Minimum Trade Size: 0.01 lots
- Maximum Total Trade Size: Unlimited
- Spreads: From 1.1 pips
- Trading Platforms: MT4
- HF Copy Account
- Minimum Deposit: $100 for followers, $500 for strategy providers
- Maximum Leverage: 1:400
- Minimum Trade Size: 0.01 lots
- Maximum Total Trade Size: 60 standard lots
- Spreads: From 1 pip
- Trading Platforms: MT4
- Visit the HotForex Website
- Go to HotForex and click on the “Open Live Account” button.
- Select Account Type
- Choose the account type that best suits your trading needs (Micro, Premium, Zero Spread, Auto, PAMM, or HF Copy).
- Complete Registration Form
- Fill out the registration form with personal details, including your name, email address, and phone number.
- Email Verification
- Verify your email address by clicking on the confirmation link sent to your inbox.
- Document Submission
- Upload the required documents for identity verification, such as a valid passport or national ID card, and a recent utility bill or bank statement.
- Fund Your Account
- Choose your preferred funding method and make a deposit into your account.
- Start Trading
- Once your account is funded, you can download the trading platform (MT4 or MT5) and start trading.
HotForex Broker Account Opening Process
Opening an account with HotForex is a straightforward process that involves the following steps:
For more detailed information, visit the following sources:
HotForex Account info similar to that of a broker
HotForex accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .