HotForex South Africa

Forex Trading in South Africa. Trade the Largest Financial Market in the World with the Best New Forex Broker in South Africa – Ideal for new and experienced Forex Traders in South Africa! Sign up here

 

 

Award Winning HotForex South Africa / HF Markets SA (PTY) Ltd is authorised by the Financial Service Board (FSB) in South Africa as a Financial Service Provider (FSP) with authorisation number 46632. HotForex offers 0.1 EURUSD Spreads and 1:1000 Account Leverage. 50 Currency pairs are available, including EUR/USD, USD/ZAR, ZAR/JPY and many other. HotForex also offers trading in major indices, commodities and stocks.

Enjoy negative balance protection, trade with a Rand based account, and get free access to world class Technical Analysis (Trading Central) and Chart Patterns (Autochartist) to make better trading decisions. HotForex South Africa has won the Best New Forex Broker South Africa Award in 2016 (Global Banking & Finance Review Awards) and has operated globally for many years (with over 500 000 live accounts). Here follows more details about HotForex South Africa:

Risk Disclosure

Your Capital is at Risk. The leveraged trading products reviewed on this website are not appropriate for everyone. Do not trade with funds you cannot afford to lose and seek advice if you do not understand the risks. TradeForex.co.za will under no circumstances make any trading recommendations in any of its guides. Guides are meant for information purposes only. Trading in Margin Transactions such as those described in this website is not suitable for all investors. It is important that you carefully consider whether trading in Margin Transactions is appropriate for you in light of your investment objectives, financial situation and needs. NEVER trade with money that you cannot afford to lose.

Watch the HotForex TV Commercial as seen on Bloomberg TV – you can open a new Rand based Forex Trading Account with HotForex South Africa instantly here

About HotForex South Africa

HotForex is an award winning South African authorised forex trading broker, providing trading services and facilities to both retail and institutional clients. Through its policy of providing the best possible trading conditions to its Clients and allowing both scalpers and traders using expert advisors unrestricted access to its liquidity, HotForex has positioned itself as the forex broker of choice for many forex traders in South Africa.

HF Markets SA (PTY) Ltd is authorized and regulated as a Financial Service Provider (FSP) from the Financial Service Board (FSB) in South Africa, under the license number: 46632.

HotForex Business Address (please note that you do not have to visit their office to open a forex trading account – you can open a Rand based Trading account instantly here):
HF Markets SA (Pty) Ltd / HotForex South Africa
Katherine & West
Suite 18 Second floor
114 West Street
Sandton, Johannesburg 2031

The Financial Services Board (FSB) is an independent institution established by statute to oversee the South African Non-Banking Financial Services Industry in the public interest. It regulates the Johannesburg Stock Exchange (JSE), the largest exchange in the African continent.

The FSB aim is to ensure that clients are treated fairly by the financial services providers and that they can enjoy a safe investment environment. Its mission and vision are to promote and maintain a sound financial investment in South Africa.

You can trade the following 50 Forex Pairs with HotForex South Africa:

AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURDKK, EURGBP, EURHUF, EURJPY, EURNOK, EURNZD, EURPLN, EURRON, EURUSD, EURZAR, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, GBPZAR, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDCNH, USDCZK, USDDKK, USDHKD, USDHUF, USDJPY, USDMXN, USDNOK, USDPLN, USDRON, USDRUB, USDSEK, USDSGD, USDTRY, USDZAR, ZARJPY

 

 

Just some of HotForex’s Awards:

BEST NEW FOREX BROKER SOUTH AFRICA 2016 (GLOBAL BANKING & FINANCE REVIEW AWARDS)
THE BIZZ 2017 PEAK OF SUCCESS (WORLD CONFEDERATION OF BUSINESSES)
TOP 100 COMPANIES (WORLD FINANCE MAGAZINE)
BEST CLIENT FUND SECURITY 2014 (GLOBAL FINANCIAL MARKET)
BEST FOREX NEWS & ANALYSIS PROVIDER 2016 (MENA DUBAI FX SHOW)
BEST CLIENT FUNDS PROTECTION BROKER AWARD 2015 (MENA DUBAI FX SHOW)
BEST FX ONLINE BROKER 2015 (NEW EUROPE MAGAZINE)
BEST FOREX BROKER WESTERN EUROPE (IAIR AWARDS)
BEST FX ONLINE BROKER 2012 (NEW EUROPE MAGAZINE)

 

 

 

What HotForex South Africa provides

HotForex offers various accounts types, trading software and tools to facilitate individuals and institutional customers to trade Forex online. HotForex provides an unparalleled variety of account options that Clients can select to enjoy a tailored trading experience that perfectly suits their needs. Coupled with superior trading conditions and lightning fast execution, HotForex provides all the tools and services needed for Clients of any level to realise their forex trading ambitions.

Advantages of HotForex South Africa

SAFE AND SECURE TRADING

Licensed and regulated by the Financial Service Board (FSB) in South Africa
Member of HF Markets Group
Only Major Banks are used
Client funds are held in segregated bank accounts
Full transparency
Acknowledged for superior service with multiple industry awards

GREAT TRADING CONDITIONS

Tight Spreads from as low as 0.1 (EURUSD) on select account types
Flexible leverage up to 1:1000
EAs, Scalping, and Hedging allowed
myHotForex portal enables online account management
24/5 dedicated support
Trade Forex, Indices, Commodities & CFDs
Execution Desk and Investigation
Transparency – Rollover Policy

SMART TRADING

Trade Forex, Indices, Commodities & CFDs
100% Credit Bonus
100% Supercharged Bonus
30% Rescue Bonus
Ongoing Promotions
Free Account Funding
Performance based competitions

SUPERIOR TRADING TOOLS

Technical Analysis by experts Trading Central
Execute Trades directly with One Click Trading
Breaking Market News and Analysis
Free VPS hosting
17 Trading Tools including Chart Patterns by AutoChartist
Exclusive HotForex Analysis
Free Educational Material
Trading Calculators and Economic Calendar
Auto Transfer – Instantly withdraw profits
HF SMS Service

MULTIPLE ACCOUNT TYPES

Micro Accounts
Premium Accounts
VIP Account for the ultimate trading experience
HotForex ZERO Spread Account
FIX Account trade with Fixed spreads
Unlimited risk free Demo Account

CONVENIENT PLATFORM OPTIONS

MT4 Terminal for PC and MAC
HotForex MetaTrader 4 WebTerminal
HotForex MT4 MultiTerminal
HotForex iPhone Trader
HotForex iPad Trader
HotForex Droid Trader
HotForex MT4 Smartphone

Trade Forex with a Rand Account – open a Forex Trading Account with HotForex South Africa now

South African Regulation

HF Markets SA (PTY) Ltd (HotForex South Africa) is authorized and regulated as a Financial Service Provider (FSP) from the Financial Service Board (FSB) in South Africa, under the license number: 46632.

The Financial Services Board (FSB) is an independent institution established by statute to oversee the South African Non-Banking Financial Services Industry in the public interest. It regulates the Johannesburg Stock Exchange (JSE), the largest exchange in the African continent.

The FSB aim is to ensure that Clients are treated fairly by the financial services providers and that they can enjoy a safe investment environment. Its mission and vision are to promote and maintain a sound financial investment in South Africa.

 

Trading Central

HotForex offers specialized Technical Analysis reports from the renowned industry leaders Trading Central. The technical analysis reports cover many asset classes such as Forex, Indices and Commodities. Clients can also benefit from a wide range of reports based on a variety of technical indicators, covering multiple time frames that are ideal for short, medium and long-term traders.

Unlimited access is fully available for all active Live account clients with a minimum account balance of 500 USD. HotForex also provides clients with the opportunity to receive the valuable Technical Analysis newsletter, which is provided by the Trading Central on a daily basis.

The financial research produced by Trading Central is independent, aligned with investors’ interests and free from investment banking conflicts.

Other benefits of Trading Central include:

  • Regulated by the AMF (Autorité des Marchés Financiers), the U.S. Securities and Exchange Commission (SEC) and the Hong Kong-based Securities and Futures Commission (SFC).
  • Intuitive interface showing key technical levels and price targets
  • Commentary and analysis in multiple languages
  • 16 years of industry experience and worldwide presence with offices in Paris, London, New York and Hong Kong.

Watch the Official HotForex Corporate Video here – you can open a new Rand based Forex Trading Account with HotForex South Africa instantly here

Security of Funds

HotForex understands that successful traders have to give their full attention to their trading rather than worrying about the safety of their funds. They have therefore taken additional measures to ensure adequate levels of safety for your funds.

Market Leading Insurance

The Company has made further efforts to safeguard its liabilities against Clients and other third parties with a Civil Liability insurance program for a limit of €5,000,000, which includes market leading coverage against errors, omissions, negligence, fraud and various other risks that may lead to financial loss.

There is no additional cost to Clients for this cover.

Industry leader; leading financial safety

The HotForex brand has become a global leader in online trading, specializing in Forex, CFDs on US and UK stocks, commodities, spot metals, and indices. Client fund security has been a part of their philosophy alongside unmatched trading conditions and customer support. With global recognition for excellence, a solid reputation, and multi-award winning services, Clients are assured that their funds are held securely.

Accounts with major banks

HotForex made the decision to only use major global banks. The strength and international standing of the HotForex brand enables the company to provide liquidity through major banks.

Segregation of funds

Clients’ funds are received into bank accounts separate from those used by the company. These funds are off the balance sheet and cannot be used to pay back creditors in the unlikely event of the default of the Company.

Negative balance protection

Volatility often occurs in the market. HotForex’s policy of negative balance protection means that even under highly volatile conditions when margin calls and stopouts do not function correctly, no Client is responsible for paying back a negative balance.

Risk management

The Company continually identifies, assesses, and monitors each type of risk associated with its operations. This means assessing on a continuous basis the effectiveness of the policies, arrangements, and procedures in place which allow the company to easily be able to cover its financial needs and capital requirement at any time.

Forex Trading from 7 Trading Platforms, including Metatrader 4 (MT4)

At HotForex South Africa, you’ll find great Forex trading platforms to suit all of your trading needs. So, whether you like to trade from your desktop or prefer to trade on-the-go, Hotforex has the platforms for you.

Forex Trading – Choosing a Forex Broker

Choosing a good Forex broker can be as complicated as Forex trading itself. For that reason, investors should do their homework as diligently as they would for a trade. Here are some tips to keep in mind to make your research and choice easier.

Since Forex trades are highly leveraged (in effect, the broker ‘lends’ an investor up to 99% of the money required to make a trade), the Forex Broker you select should be associated with a firm with deep pockets.

Beyond those rock bottom basics there are many options.

Since the Forex markets trade 24 hours per day all around the world, you may want to trade after normal business hours. Whether your Broker resides in the same country (usually, for language and legal reasons) or not, you want one who will pick up the phone when you call.

Since Forex brokers don’t work off standard commissions the way stock or bond brokers do, you need to research the firm’s spreads. Forex trading is always done in currency pairs. A spread is the difference between the bid and ask price – what the broker pays to buy versus the amount they sell a currency for.

Some brokers will offer fixed spreads on all trades, which has the advantage of predictability. It’s a kind of fixed ‘commission’. But that may or may not suit your trading style or your budget, since they tend to be larger than variable spreads.

Any Forex Broker will offer a standard account to a qualified client. Typically you have to fill out an application form that states you have adequate capital and understand the risks involved in Forex trading. Standard accounts trade currency in standard lots of 100,000 units. You can’t buy 100 euros for $150, you have to buy 100,000 euros.

Since that’s a very large investment for the average trader, brokers offer leverage. Professional traders use leverage as well, of course. In other words you put in, say 1% of the total, the Broker puts up the rest. That has huge profit (or loss) potential, but it entails significant risk. So be aware of a Broker’s margin call policy.

Many Forex Brokers today will offer some form of ‘mini’ account. Instead of trading in standard lots, they trade in smaller units, such as 10,000. This lowers the investment required from, say $2,500 to only $250. Most clients can easily meet that minimum.

But that lower leverage requirement limits the potential for profits. That may or may not suit your investment needs. Only you can decide.

You’ll want a Forex Broker with software that provides you with the research and other trading tools you will need to be effective in Forex trading. Forex investing is much more complex and volatile than even stock or bond trading, which is already not simple when done well.

Be sure to use the trial accounts offered and make several ‘fake’ trades in order to test out the software and research available. You need real-time prices – Forex moves very fast – and lots of technical and fundamental analysis information at your fingertips.

Take your time to research. After all, your decision will affect ALL your trades.

Trade Forex with a Rand Account – open a Forex Trading Account with HotForex South Africa now