FCAUnited KingdomTier 1Licence number
801701
View licence record- Licence holder
- Held by HotForex
- Licence type and regime
- Financial Service
Not checkedUpdated
At a glance
Regulation on record for HotForex
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 4
- Issuing authorities
- 4
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 0
HotForex has 4 licences on record with Wikilix, issued by 4 authorities across 4 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
2 licences come from authorities classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for HotForex, strongest authority first.
4 records
- FCAUnited KingdomTier 1
FSCASouth AfricaTier 2Licence number
46632
View licence record- Licence holder
- Held by HotForex
- Licence type and regime
- Financial Service
- Offshore
Not checkedUpdated
FSASeychellesTier 3Licence number
SD015
View licence record- Licence holder
- Held by HotForex
- Licence type and regime
- Financial Service
- Offshore
Not checkedUpdated
CMAKenyaTier 3Licence number
155
View licence record- Licence holder
- Held by HotForex
- Licence type and regime
- Financial Service
Not checkedUpdated
Protection
What this licence protects
FCA's own rules for the firms it authorises.
- Compensation schemeUp to £85000 (FSCS)
- Client money kept separate
- Negative balance protection
- Complaints routeFinancial Ombudsman Service
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by HotForex
Answered from the register entries on this page.
Most Popular Questions
HotForex offers a maximum leverage of up to 1000:1. This high leverage is available depending on the regulatory jurisdiction and account type. For example, FCA-regulated accounts have a maximum leverage of 30:1, while offshore licenses may allow higher leverage.
According to the provided data, HotForex does not charge commissions on trades. There is no specified spread type or average spread mentioned. Deposit and withdrawal fees are generally not charged by the broker, though third-party or bank fees may apply.
The minimum deposit at HotForex is 5 USD. Supported payment methods include Visa, Mastercard, Skrill, Neteller, Perfect Money, bank and wire transfers, various cryptocurrencies, and other e-wallets. Processing times vary from instant for cards and e-wallets to up to 10 business days for wire transfers.
HotForex provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. Both platforms support desktop versions and offer advanced charting, automated trading, and multi-asset trading capabilities. These platforms are widely used for Forex and CFD trading.
HotForex is regulated by multiple authorities including the UK's Financial Conduct Authority (FCA) and South Africa's Financial Sector Conduct Authority (FSCA). Client funds are protected up to £85,000 under the UK FSCS scheme and up to ZAR 500,000 under the FSCA. The broker operates under onshore and offshore licenses with high transparency and complaint mechanisms.
HotForex has 4 licence records with Wikilix, issued by 4 authorities across 4 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
HotForex holds licence records issued by FCA, FSCA, FSA, CMA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by HotForex come from tier-1 or tier-2 authorities (1 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 4 licence records held by HotForex has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
HotForex has licence records in United Kingdom, South Africa, Seychelles, Kenya. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.