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HFM formerly known as HotForex Demo Account

HFM Demo Account

 

HotForex does offer a free demo trading account for beginners to Practice forex trading in a 100% risk-free environment. The HFM Demo account is available for unlimited use and closely simulates a real trading environment based on actual market conditions.

 

🔎 HF Markets Account🆓 Demo
📌 UsageUnlimited
📊 Market ConditionsReal
🔁 Test Trading Strategies☑️ Yes
💻 Trading PlatformsMT4 / MT5 / WebTrader
💰 Virtual FundsUp to $100'000
💵 Min. DepositNone
🚀 Open an Account👉 Click Here

 

Overall Rating

4.8/5

Rated #6 out of 66
Recommended FX Brokers

💰Minimum Deposit

USD 5

🌐 Regulators

CySEC, FCA, FSA, DFSA, FSCA, CMA

📱 Trading Desk

MT4, MT5

Crypto

No

📈 Total Pairs

50+

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

HotForex Demo Account – Key Point Quick Overview

 

  1. ☑️ HotForex Overview
  2. ☑️ HotForex Demo Account
  3. ☑️ HotForex Trading Platforms
  4. HotForex Customer Reviews
  5. HotForex Pros and Cons
  6. Conclusion
  7. Frequently Asked Questions

 

HotForex Top Bar

 

HotForex Overview

 

HotForex is a forex and commodities broker that provides award-winning trading services and facilities to both retail and institutional clients worldwide.  Furthermore, HFM allows both scalpers and traders using expert advisors unrestricted access to its liquidity.

 

 

HotForex Top Bar 2

 

HotForex Demo Account

 

HotForex does offer a free demo trading account for beginners to Practice forex trading in a 100% risk-free environment. The HFM Demo account is available for unlimited use and closely simulates a real trading environment based on actual market conditions.

 

🔎 HF Markets Account🆓 Demo
📌 UsageUnlimited
📊 Market ConditionsReal
🔁 Test Trading Strategies☑️ Yes
💻 Trading PlatformsMT4 / MT5 / WebTrader
💰 Virtual FundsUp to $100'000
💵 Min. DepositNone
🚀 Open an Account👉 Click Here

 

 

HotForex Trading Platforms

 

HotForex makes both MetaTrader 4 and MetaTrader 5 trading platforms available in order for HotForex clients to gain access to the financial markets.  This includes modes compatible with Desktop, WebTerminal, Android, iPad, and iPhone respectively.

 

HotForex Trading Platforms

 

HotForex MT4 and MT5 Comparison

 

🔎 Feature🥇 MT5🥈 MT4
⌛ Timeframes219
⚙️ Tech. Indicators3830
📊 Analytical Objects4431
✅ Economic Calendar☑️ Yes❌ No
🚀 Platform Speed64 bit32 bit
💻 Order ExecutionMarket ExecutionMarket Execution
📈 Pending Order Types64
📌 Hedging☑️ Yes☑️ Yes
☑️ Strategy TesterMulti ThreadedSingle Thread

 

HotForex MT4 vs MT5

 

HotForex Customer Reviews

 

Great Support.

I have been using HFM for a while now and I am really happy with their low spreads, platforms, and overall support. – Renos

 

TrustPilot 5 Star

 

Best Broker.

I am trading with this broker for a long time now and I can say it’s genuine as it’s also regulated by FCA. – Waz

 

TrustPilot 4 Star

 

Happy.

I have been a holder of an HFM account for over 2years. Great service. – Eugene

 

TrustPilot 3 Star

 

HotForex Pros and Cons

 

✔️ Pros❌ Cons
Segregates client fundsLimited range of instruments
Regulated by CySECNot FCA Regulated

 

Hotforex Pros and Cons

 

 

Conclusion

 

Overall, HotForex does offer a free demo trading account for beginners to Practice forex trading in a 100% risk-free environment.

 

 

You might also like: HotForex Minimum Deposit

You might also like: HotForex Sign up Bonus

You might also like: HotForex Fees and Spreads

You might also like: HotForex Account types

You might also like: HotForex Islamic Account

 

 

Frequently Asked Questions

 

For what period of time is the HotForex Demo Account available?

The HotForex Demo account is available for unlimited use.

 

What type of trading environment is available with the HotForex Demo Account?

The HotForex Demo Account closely simulates a real trading environment based on actual market conditions.

 

Does HotForex offer a Demo Account option?

Yes, HotForex does offer a free demo trading account for beginners to Practice forex trading in a 100% risk-free environment.

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

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