Regulatory Environment

HotForex Regulatory EnvironmentHF Markets Ltd, trading as "Hot Forex", has a Category 1 Global Business License
issued by the Financial Services Commission (FSC) of the Republic of Mauritius
under the name of HF Markets Ltd

Company No.: 094286/GBL; Category 1 Global Business № C110008214 License.
"HF Markets Ltd" trading as “HotForex.com” is a tax resident in Mauritius,
tax registration, 27009163 with their registered address at Ebene House, 3rd floor, 33 Cybercity,
Ebene, Mauritius.
 

"HF Markets Ltd" has the right to manage financial assets, carry on brokerage
activity, make deals and conduct transactions in currency, stock and futures markets.
The Company's activity completely satisfies the requirements of legislation and is
controlled by the following laws: 1) Securities Act 2005; and 2) Securities (Licensing) Rules 2007 


HF Markets Ltd. (HotForex) is a proud member of the Global Board of Trade Ltd. (GBOT) exchange.

Membership into the exchange is only granted after a stringent process adopted by the exchange as seen here:
Click here to view the the GBOT member acceptance process

GBOT is licensed by the Financial Services Commission (FSC), the first multi-asset exchange from Mauritius, for initiating derivatives trading in commodities and currencies. GBOT is promoted by the Financial Technologies Group, a global leader in setting up and operating tech centric next generation exchanges in the emerging but fast growing economies from Africa to Asia and Middle East to South East Asia. The Group operates one of the largest exchange network comprising 10 exchanges and 5 ecosystem ventures which address upstream and downstream opportunities around exchanges, including clearing, depository, information vending, and payment gateway among others.

HotForex Regulatory Environment

Official HF Markets Ltd. (HotForex.com) Financial Audit

HotForex attains the belief that clients and partner institutions deserve the safest financial platform when investing, something which the current financial industry has been lacking in recent times. HF Markets Ltd. is proud to announce that we have been audited by 'Lancasters Chartered Accountants'.

Click here to view the official audit confirmation from our 2010 - 2011

The importance of a brokerage undergoing an audit

The importance of choosing an audited broker can not be emphases enough. Being an audited broker ensures that fair business polices are in use to protect your investment from any corruption or fraud. HotForex believes it should be a mandatory requirement for all brokerages to be audited within the Forex industry so that as clients you are guaranteed your investment is safe.

The role of an auditor in the Forex Industry is to:
  • Detect Revenue leakages wherever any credit facilities are extended.
  • Ensure that regulatory provisions are complied with
  • Ensure compliance of bank specifications policies and guidelines.
  • Prevent the occurrence of fraud.

HotForex will go through all optional requirements to show our clients that we are dedicated to making sure their money is secure.