Is HotForex a regulated & licensed? Which financial regulation my accounts will be under?

Notice

This FAQ has ended its release period. Please check HotForex's latest information and campaign on HotForex's company introduction page.

HotForex - What's now?

We are no longer promoting HotForex. The information regarding to HotForex on the website 'Hercules.Finance' maybe outdated. ref. HotForex

HotForex is an international FX brokerage firm regulated and licensed by 3 main regulatory authorities. (in 2018, May)

HF Markets (Europe) Ltd – CySEC in Cyprus
HF Markets (SV) Ltd – IBC in St. Vincent & the Grenadine
HF Markets SA (PTY) Ltd – FSP in South Africa

HotForex’s main company is the one in Cyprus, and HF Markets (Europe) Ltd provides the service for investors in Europe.

HF Markets SA (PTY) Ltd provides the service only for investors residing in South Africa.

For other investors other than the above categories, HF Markets (SV) Ltd will be providing the service.

For investors in some certain countries, HotForex provides the service through other companies. In this case, your accounts and funds will be managed and protected under different financial regulation.

Know the Company you are trading with

International brokerage firms like HotForex, make it difficult to know which company and financial license are related for investors.

To know, under which regulation and rule your investment activities will be carried, you need to refer to the company name appear when you register(open an account) with the broker as below.