Reviews about the broker Hottrades: withdraw or throw?

Exchange intermediary Hottrades positions itself as a leading regulated broker. This company guarantees traders free access to world markets. It operates through top-tier FX liquidity providers. A practicing trader can get fast trade execution and favorable interbank spreads. He is provided with several options for cooperation, among which it is easy to determine his optimal conditions. On the Hottrades web portal, you can read about favorable trading conditions, but before replenishing the initial deposit, you need to make sure that these statements are true. Today’s review will help to find out the truth, to determine the real benefit for the trader.

What makes Hottrades stand out?

The exchange intermediary guarantees the complete safety of the invested funds. According to employees, the project belongs to a licensed investment firm. Its activities are fully regulated by the Marshall Islands Law. Brand representatives claim that they use only their own funds to hedge existing risks. Client money always remains in separate accounts. Among the features of Hottrades are:

1. Security. The invested funds are stored in world-class banks.
2. Regulation. Supervision by the government authorities of the Marshall Islands.
3. Encryption. All data is protected by a special RapidSSL certification technology.
4. Insurance. The company is a member of the Investor Compensation Fund.

The client can activate a real account or try out a demo mode. If a beginner does not want to risk his own finances, then he can try out online trading with virtual money. Real market conditions are provided completely free of charge. It should be borne in mind that many companies offer demo mode, to lure potential customers. Before registering in the system, you should pay attention to the technical equipment of the site hottrades.co.uk. Feedback will also help to assess the situation, make an informed decision on cooperation.

Accounts for Hottrades clients

The exchange intermediary offers to register and choose one of three tariff plans:

• Standard – available from 1,000 USD. 24/5 customer support is provided. Metatrader 4 is used as a working platform. The client receives online seminars where one can get acquainted with the basic principles of trading. The tariff plan is suitable for beginners who are just getting used to trading.
• VIP – starts at $10,000. In addition to the benefits of the previous account, analytical materials and expert reviews are provided. Provides access to the training center.
• Platinum is a tariff for advanced traders who are ready to invest from 25 thousand dollars. A specialist is connected to the account for round-the-clock support.

The official website of Hottrades talks about the benefits of each tariff plan. If a trader intends to cooperate with a brand, he must pay attention to his needs and choose the right account. At the same time, experts do not recommend rushing with a choice. Before starting trading activities, it is necessary to check the honesty of the brokerage organization. If a company operates without licenses, then it is highly likely to be a fraudster. Documents can be checked on the web portal of the local regulator. A careful review will help you avoid scammers and choose a truly reliable company.

Assessing the prospects for cooperation

The review showed that trading on hottrades.co.uk is a very dangerous activity. The company operates without appropriate documents, and therefore it does not have direct access to market trading. In fact, it does not carry out trade transactions, creating an illusion for gullible investors. It was not possible to check hosting on a specialized site, but it seems that the project is relatively young. We do not recommend starting cooperation with Hottrades. Reviews about this office are not yet available, but in the near future there may be messages from deceived in laymen.