HotForex Review — Overview
HotForex is a cryptocurrency exchange based in United Kingdom, established in 2010. On Trust Broker Hub it holds a Trust Score of 3.5 out of 10, which we rate as Poor — above the industry average of 3.3/10. High-risk profile — proceed only with caution and small amounts.
We could not verify any regulatory licence for HotForex. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.
HotForex provides access to Cryptocurrencies, forex, index, stock. Published conditions include leverage up to 1:1000. No complaints are currently on record. Overall, HotForex carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.
Trust score breakdown
How is this calculated?Trust Score history
HotForex currently scores 3.5/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- No verified regulatory licence on record
- Always verify the licence directly before depositing
Regulation
No regulatory licence on record for HotForex. Treat with caution and verify before depositing.
Trading conditions
| Instruments | Cryptocurrencies, forex, index, stock, energy, share CFDs and bond |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:1000 |
| Typical spread | Not disclosed |
| Platforms | MT4 |
| Demo account | Not disclosed |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on HotForex
High-risk profile
HotForex does not hold a verified regulatory licence on record. Based in United Kingdom, it has been operating for about 16 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.5/10 — a high-risk profile.
- Long 16-year operating track record
- No complaints on record with us
- Supports MT4 trading
- No verified regulatory licence on record — funds may lack protection
- Very high leverage available (1:1000) — amplifies risk
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
HotForex — Questions & Answers
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