Hot Forex Screenshot. Open an Account. Try a Free Demo. AMarkets: Open Review. Trade with up to Leverage on the MT5 Platform Fully Regulated with the FCA in the UK Trade with Ultra-Thin Spreads - As Low as Zero Pips Trade and Earn XM Points that can be Redeemed for Credit Bonus Rewards.

XM: Open Review. The current XM bonuses available differ depending on the country you reside in. To view the specific promotion available to you, click here. About Us About FineLib. com Terms of Service Privacy Policy Press. Contact Us Contact Us Advertise Deals. Review and Help Write a Review Help Readings Towns. Follow Us On.

Hotforex Nigeria Edit Listing Wuraola House, 3rd Floor,90 Allen Avenue, Ikeja, Allen, Lagos Write a Review E-mail Contact info hotforex. com Short Description HotForex Nigeria is a trading company that specialize in providing trading services such as forex , indices, metals and oil to both retailers and institutional clients.

After selecting your account, click Open Account which will take you to the Sign Up page. Then you will need to fill your basic Personal Information i. Step 2 Confirm your email: Once you have registered your account, your will receive an activation Email. This will complete your basic registration. For proof you Address you can submit a recent not older than 6 months scanned copy of Bank Statement or any Utility Bill.

Once you have submitted these documents, Hotforex will verify your account within business hours. After your account is verified your account, only then you can make your first deposit to start trading. HotForex have web trading, desktop terminal as well as mobile trading available.

Traders who prefer to trade with mobile can access their mobile app iPhone and Android. We find it very easy to trade on Metatrader platforms at HotForex.

HotForex offers a range of different options in terms of deposit and withdrawal methods. First, let us analyse the deposit methods. Hotforex normally credit the deposited amount in your trading account very fast without any delays.

Now coming to the withdrawal methods, Hotforex offers a range of options to its customers. You should note that you can only request the withdrawal to your source funding method. The withdrawals at Hotforex are a bit slow but we have found no complaints in this regard from any users. The following are the withdrawal options available for Nigerian traders.

Also, if there is any claim, they do try to resolve it. Also, a volume based Loyalty program is available for existing Hotforex customers. We did not find any other regulated broker that offered better welcome bonus to Nigerian traders. Customer support at HotForex is definitely good.

For fastest response time, we suggest to use the live chat on their website. Moreover, their wide range of trading instruments i. The Naira accounts at HotForex come with very great features that offer nice addition for Nigerian traders. So, they are not a market maker broker. The withdrawal time depends on the method of your withdrawal.

Normally, the local bank transfer withdrawals in Naira are processed in 24 hours or the same day. They withdrawal via E-wallets can take a few hours. They also offer Naira accounts and the minimum deposit in NGN is equivalent to the amount in USD for that account type. We only accept user reviews that add value to fellow Nigerian Traders.

Unfortunately, not all reviews that you post with us will be published on the website. Thank you for helping out other traders with your valueable feedback! Important: We don't accept any payments or kickbacks from any forex broker s to delete or change any reviews. Your email address will not be published. Thanks for choosing Nigeria. My trading career comprised of trading with Hotforex since start and it is almost one year now.

I am happy with the services and I do recommend them being so nice. I have been trading for past one year now and i can safely say that the pairs offered for trading are reasonable enough to choose the right profitable pair among them. The spreads are fairly reasonable on major pairs. I still count myself as a developing trader so i am only sticking to major pairs for at least one year more.

Hot Forex Full Review. Hot Forex Screenshot. Open an Account. Try a Free Demo. AMarkets: Open Review. Trade with up to Leverage on the MT5 Platform Fully Regulated with the FCA in the UK Trade with Ultra-Thin Spreads - As Low as Zero Pips Trade and Earn XM Points that can be Redeemed for Credit Bonus Rewards. XM: Open Review. The current XM bonuses available differ depending on the country you reside in. To view the specific promotion available to you, click here. Fully regulated and in Australia ASIC , CySEC Cyprus , FSC Mauritius Initiates fast, convenient, and efficient trading through MT4 and MT5 platforms Offers unmatched, award-winning customer support 3D Secure ensures maximum security measures for its customers.

Go Markets: Open Review. Trading forex, derivatives and leveraged products carries a high level of risk, including the risk of losing substantially more than your initial investment. You should ensure that you fully understand the risks involved and seek independent advice if necessary before you start trading.

Is Forex Trading in Nigeria Legal? Every Nigeria Forex broker listed in our top 5 is regulated by an authority such as the Securities and Exchange Commission and is respectful of the law. We will never send you to any Forex broker that is illegal in Nigeria.

Get the full details here: Is Forex trading legal in Nigeria? List of all Nigeria Forex Broker Reviews. Are You in the Right Place? We have detected that you are visiting from Saudi Arabia, however you are currently on the version intended for people in Nigeria. Would you like to switch to the Saudi Arabia version of our website?

Yes, take me to the Saudi Arabia version. No, I want to stay on the Nigeria version. I'm not in Saudi Arabia or Nigeria!

Get the full details here: Is Forex trading legal in Nigeria? They also have many account types, so you can choose an account with features that work best for you. Your email address will not be published. The availability of instruments and trading platforms is similar to the Micro account type. We have found that Hotforex offers one of the lowest spread out of all the well Regulated Forex brokers operating in Nigeria. Also, their Swap fees is moderate. Before you start trading, you need to make a deposit into your trading account.

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