HotForex is committed to providing its clients with the best trading conditions it can. To this end we now offer 9 different accounts to suit the specific requirements of different traders.
Whether you are looking to open a Demo or Live account, through the Micro, Premium, VIP, FIX, Islamic , Currenex or Auto Account you will find the complete flexibility to trade at the level you want. Whatever your trading strategy, level of funding or appetite for risk, from micro to unlimited trade sizes, there is an account to match your needs..
The Currenex Account accommodates the experienced retail traders. A key feature is the Currenex spread received which favors scalping strategies.There is a minimum trade size of 0.01 lot and the trade size increment remains flexible at 0.01. The Currenex Account uses the MetaTrader 4 platform.
Currenex Account Details
|Trading Platform:||MetaTrader 4, Webtrader and Mobile Trading|
|Spreads:||From 0.2 pips|
|Trading Instruments:||Forex, Indices, Commodities and Share CFDs|
|Minimum opening deposit||USD $500|
|Minimum trade size:||0.01 lot|
|Trade size increment:||0.01|
|Maximum Total Trade Size:||60 Standard lots|
|Maximum Simultaneous Open Orders:||350|
|Margin Call / Stop out level:||50% / 20%**|
|Account Currency:||USD, EUR|
|Personal Account Manager||Yes|
|MYFX Platform||FREE (for deposits over 2000USD)***|
|Commission:||$5.00 per Lot Traded ($10 round turn) / Euros 3.46 per Lot Traded (Euros 6.93 round turn) / zł 17.5 per Lot Traded (zł 35 round turn)|
|Raw bonus:||Flexible Bonus Offerings|
*Leverage may be adjusted in case the equity in the account is over $400,000.
**If the 100% bonus option is selected all positions are stopped out when equity goes below the level of the bonus if the Bonus Volume requirement has not been completed.
*** Net deposits executed within 30 days of application for MYFX platform.
Note: For trade operations on Currenex account please refer to the Bid or Ask prices; which are located in MT4 Market Watch. Chart price is indicative data only.