Trading accounts provided by HotForex

HotForex offers 8 different types of accounts including:

Micro account:

• Minimum deposit: 5 USD

• Maximum financial leverage: 1: 1000

• Spread: from 1 pip

• Minimum number of lots to place: 0.01 Lot

• Maximum total trade size: 7 standard lots

• Maximum number of spontaneous orders: 150

• Commission fee: None

• Trading platforms: MetaTrader 4, MetaTrader 5, Webtrader and Mobile Trading.

This account type has the highest trading leverage, up to 1:1000. Very suitable for traders who are intending to change the broker, want to test with new broker, new traders, thanks to the low minimum deposit, only from 5 USD or more. Meanwhile, Hotforex supports maximum leverage and can be traded on both MT4 and MT5 software.

Premium Premium account

• Minimum deposit: 100 USD

• Maximum financial leverage: 1: 500

• Spread: from 1 pip

• Minimum number of lots to place: 0.01 Lot

• Maximum total trade size: 60 standard lots / positions

• Maximum number of spontaneous orders: 300

• Commission fee: None

• Trading platforms: MetaTrader 4, MetaTrader 5, Webtrader and Mobile Trading

Premium accounts are designed by HotForex for traders who have experience in trading, so the minimum deposit is higher than USD 100 but in return you will enjoy relatively low spreads of only 1 pip and no commission fees.

Zero Spread Account provided by HotForex

• Minimum deposit: 200 USD

• Maximum financial leverage: 1: 500

• Spread: from 0 pips

• Minimum number of lots to place: 0.01 Lot

• Maximum total trade size: 60 standard lots / positions

• Maximum number of spontaneous orders: 500

• Commission fee: from 6 USD / lot

• Trading platforms: MetaTrader 4, Webtrader and Mobile Trading

Zero Spread account is suitable for experienced traders who love scalping (surfing) thanks to spread of 0 Pip or more. This is also the only type of account that HotForex charges commission ranging from 6 USD / lot for the main currency pairs, the remaining currency pairs will fall to about 8 USD/lot, an average commission like many other brokers.

Auto account provided by HotForex

• Minimum deposit: 200 USD

• Maximum financial leverage: 1: 500

• Spread: from 1 pip

• Minimum number of lots to place: 0.01 Lot

• Maximum total trade size: 60 standard lots / positions

• Maximum number of spontaneous orders: 300

• Commission fee: no

• Trading platforms: MetaTrader 4, Webtrader and Mobile Trading

This account is designed by HotForex for traders who want to get trading signals from the MQL5 community. Accordingly, there will be 2 main types of trading copy from MQL5: free and paid. The signal will be automatically integrated into the MT4 software, so simply open an account, follow HotForex's instructions, to choose the free or paid form that best suits your trading plan.

HotForex PAMM Account

• Minimum deposit: 250 USD

• Maximum financial leverage 1: 300

• Spread from 1.1 pips (with Premium account) from 0.3 pips (with additional Premium accounts)

• Minimum trading volume: 0.01 lot

• None or $10 / lot / 2-way transaction fee (with additional Premium account)

• Trading platform: MetaTrader 4

• Trading tools: Forex - Metals - Oil - Indices

PAMM is an abbreviation, Percent Allocation Management Module, a type of capital mobilization account managed by the trader. All traders contribute capital to an account, the account manager will use that money and their personal capital to trade. Profits and losses are prorated between the manager and the investor (s), based on prior participation agreements.

Therefore, PAMM is more like an investment than normal trading. And so, when participating in this type of account, you need to know carefully who you will contribute capital to avoid risks.

HotForex PAMM can be considered as one of the extremely popular investment models of HotForex, which is widely attended by traders. After logging into your account, you only need to navigate to the PAMM portfolio and select "open investment account." After that, review the list and choose the best strategic investor. Deposit a minimum of USD 250 into your HotForex PAMM account to be able to participate in this form. In case you already have trading experience and want to become a manager, you can choose to become an "investor".

HotForex Pamm will have 2 types of accounts, Premium and Premium Plus Account, basically the same way the operation works, except for Spread. Premium accounts will have a higher spread, but in return Premium will not charge commissions, while Premium Plus will cost 10 USD / lot / 2-way and spread fees will be lower.

HFcopy account

• Minimum deposit: 500 USD (for traders rafter) 100 USD for copy order

• Maximum financial leverage 1: 400

• Spread from 1 pip

• Minimum trading volume: 0.01 lot

• Transaction fee: No

• Trading platforms: MetaTrader 4, Webtrader and Mobile Trading

• Trading tools: Forex - Bitcoin – Gold

In addition to HotForex PAMM, HF Copy is also the account type that many traders choose, this form is equivalent to the RAMM account type at many other forex brokers.

Unlike PAMM, HF Copy or RAMM accounts will be "easier" because: investors can fully withdraw capital at any time; show your account profit and loss right after closing the order; have a mechanism to install capital at a risk-free rate so it can preserve investment capital. In addition, with the PAMM account, only the manager can decide the order, at RAMM whenever you feel unsafe, you can "switch" whenever you want.

Besides, if you join as a "follower", who copies the trading order of others, the minimum capital is only 100 USD instead of 250 USD as HotForex PAMM account, so somewhat more comfortable.

If you want to create an account, please click on the below: