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

HotForex Broker Account Opening Process

Opening an account with HotForex is a straightforward process that involves the following steps:

• 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.

For more detailed information, visit the following sources:

• HotForex Account Types Comparison
• How to Open a Trading Account in HotForex
• How to Open Account in HF Markets