I feel so great trading with hotforex since half a year and I guess I have made my choice now by staying with them, I would even try their managed account for a while when I will have to do some personal and professional projects in the next months, I would like to invest my funds instead of letting them on a bank account, this just because I trust hotforex and they have gained my trust through their excellent communication, their customer support and account managers are so friendly, they have been there when I had troubles with disconnections earlier this year, I have noticed that they have got a very tight spreads eurusd on currenex, one thing else they have gave me a good advice about what kind of account I should open.

Hotforex was recommended to me by a good friend in Europe last year, when he understood that I had experienced with some unstable server problem with my previous broker.
I'm glad that I'd found a professional company, and the customer service is very quick and problem solving. Every time I send a questions I can get the response very soon.
I'm trading often, and the platform is stable for me. I'd been with them for about one year and had withdrawn money twice. the withdrawls took me normally within 12 hours in working days.

one word "FRAUD". Scammer is perfect word for Hot Forex. I am using
hotforex account number 49xxx from Jan-12.I am new forex trader and
much not aware of it hence i lost 2400usd in 3months.
Till the time i make loss,evertything is alright but when i open an
position 13/03/2012 of DAX index 7 lots order number 12220221 @6939
.After few hours of opening the position I got mail from Support team
asking to close my position immediately as they are closing my
account.

When I contact them for reason they said "They are closing my account
because of my husband as my husband already been scammed by them and
its deal between them is that my husband will never trade again with
hotforex."Its a deal between my husband and Hotforex then how they can
close my account? .I am an individual and have seperate identity.

They can close anyone account if they feel that client has made enough
money or is going to make large profit.

I came to this forum because of it strenth and its power.I just want
to warn that they will eat your money by any way like
deposit,withdrawal,slippage,wrong stop out or closing of your account
by showing you client aggrement.
They are also not regulated and their license is also fake and you not
find it on FSC website
http://www.fscmauritius.org/media/43832/list_of_investment_dealers_and_r...

PS: My DAX position of 7 lots @6939 made high of 7200 without coming
down to my price and it has straight way of 6939 to 7200 .You can
check the chart of DAX during that period.My virtual loss is $2000 due
to thier mail of closing my account.After so much request for begging
my money they only sent $340 16/03/2012 on condition that I will never
trade with hotforex again and will not tell anyone about the
incident.Till time I am scared and never discussed with anyone but
after sharing it with my friends i cam to know that I became a victims
of scam and lost more than $2000. I concern with my lawyer and he said
that we can file a case against them in our regulatry.I will update
you again once i do any further step.

Beware of HOTFOREX and don'tlost you single money to them

I have been trading with hotforex since a while not so long ago, and I must say its my first broker, I have not tried any other one before to compare or judge this company well, but I can say that they deserve my total respect, I have had a technical issue because of my mistakes and I had lost some money, but after a quick love chat with their customer support I got an immediate refund, I really felt that I am dealing with a company that does not care only for its profits and it gives importance to the client.

I used to trade with 2 main brokers since a year and I must say that Hotforex impressed me more in the last semester, if to ignore the rare disconnection we can say that this broker is pretty decent, I could trade with them comfortably as they had many different platforms, and being able to use my iPad to trade with most of the features I need since the beginning of this year was really cool, I enjoyed it really, and one thing I must mention with the conclusion of this review is that they have got a remarkable costumer support, I had an issue with withdrawal, I went to try their live chat support, I the issue were solved in 5 minutes.

I am using moneybookers to deposit and withdraw money, the processing speed is quick and I can transfer the money to my local bank account efficiently.

I am using the iPad/iPhone app too, it's very convenient and works better than sitting at home watching the PC screen.

The spread is ok, and I had used therir currenex account, sometimes the spreads there is extremly low, almost close to zero.

The customer support helped a lot when I get stuck with the app usage, etc. they are quick to reply my email and I would say the service is good.

So far i am very pleased with this brokerage

I changed my broker twice during my 4 years forex trading life. the reason to change the previous brokers is mainly due to poor customer services they provide.

Hotforex is my current one and I think it's a wise choice. their response to my questions are really fast and problem-solving, the support staff is patient to guide me through the problems and I can feel they are indeed taking care of me.

It had been over 1 year at hotforex and I'd tried several time deposit and three times withdrawals. Deposit in European working time is really fast, the slowest withdrawal took me about 12 hours to get the money, while I had expected it to be received within 2 days. I use moneybookers, and it costs much less to get the final cash.

Thanks to the quick and helpful customer service, it is a good and safe experience to trade with hotforex as compared with my previous brokers.

I changed my leverage after I set up the account and the adjustment is quick. deposit and withdrawals are confirmed manually but normally it took me only a few hours to wait.

I am careful with forex trading and I keep my balance within a number which I can bear the loss. now I can get a relatively stable profits, say about 20% a year. hotforex customer serivce had provided me with many helps in my trading. I will recommend them definitely.

and there is a plus, I feel it's very convenient to use their iPhone and iPad app.