HotForex is a relatively new regulated forex broker headquartered in Mauritius that offers STP/ECN execution (no dealing desk or virtual plugin) on MT4 platform. They offer 4 different account types + Islamic accounts. They have really tight spreads from 0.3pips on Volume account and from 0.6 on Currenex account.
If you open an account with them you'll get 30% bonus on all your deposits + TradeSignals.com service FOR FREE (worth 295$/monthly).
| Specifications | Micro | Standard | Currenex | Volume |
| Spreads from | 0.8 | 0.8 | 0.6 | 0.3 |
| Max leverage | 1:500 | 1:300 | 1:300 | 1:300 |
| Min deposit | 5$ | 500$ | 500$ | 50,000$ |
| Min lotsize | 0.01 | 0.01 | 0.01 | 0.5 |
| Commision | No | No | 5$/Lot | 3$/Lot |
| Min lotsize | 0.01 | 0.01 | 0.01 | 0.5 |
FX or Forex describes the Foreign Exchange Market, a marketplace where the world's various currencies are traded. It is an interbank market which was created in 1971 when international trade transitioned from fixed to floating exchange rates. Its huge volume and fluidity made the Forex market the largest and most significant financial market in the world, with well over $4 trillion traded daily.
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