HotForex – Sign-Up Bonus

HotForex – Sign-Up Bonus

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HotForex - Sign Up Bonus

 

Overall Rating

4.8/5

Rated #6 of
Recommended FX Brokers

💰Minimum Deposit

USD 5

🌐 Regulators

CySEC, FSC, CFTC

📱 Trading Desk

MetaTrader 4 and MetaTrader 5

Crypto

No

📈 Total Pairs

47

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Our HotForex Sign Up Bonus Revealed:

 

Sign-up Bonus

HotForex offers a sign-up no-deposit bonus of $30.

 

When traders register a real account with HotForex, they will receive a sign-up bonus of $30 without depositing initial capital. In addition to this, HotForex also offers the following:

 

  • A welcome bonus of 50% when traders register a Micro account and make a minimum deposit of $50 on the MetaTrader 4 trading platform.

 

  • A Super-Charged deposit bonus up to 100% for deposits of $250 and more, with the benefit that traders can earn $2 per lot traded as a cash rebate.

 

  • A 30% rescue bonus that applies to all deposits of more than $50, with the benefit that there is an additional stop-out bonus applied to eligible accounts.

 

  • A 100% credit bonus increases the account leverage and is used to encourage active trading volumes.

 

Referral Bonus

HotForex does not provide traders with a referral bonus when they register a real account.

 

A referral bonus is one of the best ways for brokers to gain traders through word-of-mouth where traders can share a unique referral code with friends and family.

 

Once the referrals register a real account, not a demo account, with the broker and they pay the required minimum deposit, they may be required to trade a certain volume as part of the criteria of the bonus.

 

Once these requirements have been fulfilled, both the trader and their referral will become eligible for the referral bonus.

 

Additional broker bonuses, promotions, and rewards

HotForex offers loyal customers a trading rewards loyalty program that encourages consistent trading volumes with 4 unique reward levels as follows:

  • HotForex Red is achieved when traders register for the programme
  • HotForex Silver can be reached with 31 active trading days
  • HotForex Gold can be achieved by trading consistently for 62 days
  • HotForex Platinum can be reached when trading for 105 consistent trading days

 

In addition, there are additional trading bonuses and broker bonuses offered, namely:

  • Gadget giveaways
  • Traders Awards
  • Demo account contests
  • Merchandise

 

Pros and Cons

PROS CONS
Loyal customers are offered a trading bonus, loyalty programme, and other contests A referral bonus is not provided
Sign-up bonus and no-deposit bonus offered
Deposit bonus provided in addition to other benefits

 

You might also like: HotForex Account Types

You might also like: HotForex Demo Account

You might also like: HotForex Fees and Spreads

You might also like: HotForex Islamic Account

You might also like: HotForex Minimum Deposit

 

Overall Rating

4.8/5

Rated #6 of
Recommended FX Brokers

💰Minimum Deposit

USD 5

🌐 Regulators

CySEC, FSC, CFTC

📱 Trading Desk

MetaTrader 4 and MetaTrader 5

Crypto

No

📈 Total Pairs

47

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

FAQ

Does HotForex offer a sign-up bonus?

Yes, HotForex currently offers a sign-up bonus.

 

What is a bonus?

A bonus is an incentive that is offered by brokers, and it comes in the form of a sign-up bonus, no-deposit bonus, deposit bonus, broker bonus, and several others. Bonuses offer traders trading credit and/or several advantages to get them started with the broker.

 

Do all Forex brokers offer bonuses?

No, not all forex brokers offer bonuses because of the restrictions of regulatory entities.

 

Why do some agencies regulate against the offering of bonuses?

Many regulatory entities prohibit this initiative because of the risks involved in trading and they try to protect traders where they can.

 

How can a bonus benefit my trading?

A bonus can provide you with additional trading credit that you can use instead of risking actual capital when you start trading.