How to Close a FOREX Account

You could lose some or all of your initial investment; do not invest money that you cannot afford to lose.

Expert advisors EAs An expert advisor or 'EA' enables you to automatically copy the trades or follow the instructions of another trader. 

Many brokers make such forms available from the references section of their websites.

What Are HotForex Trading Account Specifications? 

- If a Hotforex trading account was funded via credit/debit card, we can proceed with a Payoneer Withdrawal as long as the credit/debit card .

You have the option of opening up to 5 live accounts to take advantage of the benefits of each type. Moreover, HotForex invites you to request specific account features if you require further customization. As a Straight Through Process STP broker, Hotforex passes through quotes from the highly liquid interbank market, rather than a dealing desk. For instance, you can only trade 10 commodities, 11 indices, and 36 individual shares making it more suited to traders primarily focused on forex.

HotForex gives busy traders a number of other options to participate in the forex market. With an Auto account, you can automate your trading by copying trading signals from various providers in the MQL5 community.

For those looking to have their accounts actively managed by experienced professionals, HotForex offers PAMM accounts where you can invest with over vetted managers. You get real time performance data and can withdraw your funds at any time. Traders who run automated trading strategies e. HotForex offers many different contests for you to test your trading acumen against other traders. HotForex provides a number of useful tools you can use to calculate pip value, ideal trade size, stops, targets, etc..

HotForex has plenty of educational resources for novice and experienced traders. Choose amongst detailed articles, software tutorials and interactive video courses depending on your learning style. They provide loads of research and tools for trading including regular trading webinars and continuation analysis.

Deposits are accepted via credit card, wire transfer, eCheck or check, and withdrawals are available via wire transfer or check. They currently do not offer a deposit bonus.

The firm is also high regulated, both in the US and abroad. The company also has affiliate agreements in Canada, Israel, Chile and Lebanon. FXCM provides a ton of high quality resources for traders in the form of webinars, courses, articles and videos.

The firm is also regulated in Singapore, Canada, Europe and Japan. Oanda provides great educational tools for traders, including daily analysis, videos, an e-course, articles and a wide-variety of online tools.

The fixed account offers traders more predictable spreads by fixing them. This removes small amounts of uncertainty for the trader so an exit from a trade can be easier to calculate in advance. If this is something you feel would benefit your trading style and appetite for risk, then you are lucky. This is not an account that is offered by many brokers. The minimum deposit for this account is USD and the maximum leverage is 1: To read about all about types, click here.

Trading Platforms HotForex offers the download of the MT4 software, but if you prefer a web-based solution or mobile app, then Forex provides a number of custom-made software solutions to enhance your trading experience.

Deposits and Withdrawals HotForex accepts all major credit and debit cards, bank wire transfers, and additional Internet money services. As is the case with all Forex brokers, you need to submit proper ID prior to a withdrawal application. You can request a proprietary debit card that can be used for direct purchases or withdrawals at ATMs and is all funded by your account balances.


A Comparison of City Index vs. IG vs. 

HotForex MasterCard FAQs. Your HotForex MasterCard is a prepaid card. We hope that many of the most common questions are answered in this useful FAQ section.

The HotForex MasterCard is issued by Limited. Limited is a Cyprus registered e-Money company regulated by the Central Bank of Cyprus. Registered Office Address: 23, Zachariadhes Court, 15 Nicodemou Mylona Street, Larnaca , Cyprus. About the HotForex Debit Card The purpose of the HotForex Debit Card is to speed up your withdrawal process by letting you skip the annoying credit checks or document . 

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The card is directly connected to your MT4 trading account. You are able to withdraw your profits immediately via your card. The card issuer is Limited, a . If you have any questions, comments or feedback for us, please feel free to get in touch with the HotForex Card Team by sending an email to [email protected] In the event that you need to cancel a lost or stolen card, please call our 24/7 Card Cancellation Centre on one of the following numbers.

- If a Hotforex trading account was funded via credit/debit card, we can proceed with a Payoneer Withdrawal as long as the credit/debit card . The all-new HotForex MasterCard allows traders to cash their trading account earnings and pay electronically worldwide. Award-winning forex and commodities broker, HotForex is offering its clients the opportunity to obtain a prepaid card which will be connected to their trading account.

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