HotForex Affiliates Review
HotForex is an award winning forex broker that has been around in the forex industry winning them a spot as one of the best forex brokers in providing quality trading services to its clients worldwide.
HotForex takes pride in offering a range of products, competitive spreads making them be the most reliable broker in the industry in terms of the services they offer.
|Available Platforms||HotForex MT4, Smartphone Mobile Trading, HotForex iPhone Trader, HotForex iPad Trader, HotForex Droid, HotForex WebTrader, HotForex FIX/API|
|Assets||Currency pairs, metals & oils, indices, shares and commodities .|
|Bonus & Promotions||100% Credit Bonus, 30% Rescue Bonus, 50% Withdraw Bonus, 15% Rescue Bonus|
|Support||Arabic, Bangla, Chinese, Czech, English, Farsi, French, German, Greek, Hindi, Japanese, Korean, Lithuanian, Portuguese, Punjabi, Slovak, Spanish, Urdu.|
|Payment Methods||Wire Transfer, Credit Cards, Webmoney, Liberty Reserve, Moneybbokers, Perfect Money, Cash-U, Neteller, U-Kash|
HotForex has won a number of awards in providing trading services and facilities to both retail and institutional clients managing to position itself as the chosen forex broker worldwide. Their execution and brand has manage to cross around the forex industry and secure a position among the top forex brokers for providing clients transparent trading conditions, honesty in their services and most of reliability.
A lot of brokers out there operate company without a license managing to manipulate clients, so you can rest assured that when you decide to open an account with HotForex you are entrusting your money in a broker that is fully license under Cyprus Securities and Exchange Commission (CySec) and the Company holds a Cyprus Investment Firm license with number183/12 and that the Company may freely provide cross-border services in other Member States and Third Countries.
HotForex allows you to choose the accounting type that better matches your trading style offering several of accounts to pick from along with the best trading software known as MT4 which is used by traders all around the worlds. Another service that they can add to their long list of benefits is the trading tools offered to clients that help them makes their trading experience a lot easier and faster.
HotForex aims to be the most trustworthy broker in the industry by consistently offering good quality of performance and leading the way in using cutting edge technology, innovative systems solutions, low cost commissions and unrivalled customer service.
Constant Customer Support
HotForex clients are number one priority, which is why they make it their goal to continue to improve their overall trading experience. The HotForex customer team is comprised of industry professionals who are available around the clock 24/5 to help clients with their trading needs and provide support and guidance.
In comparison to other Brokers websites you will be able to see straight away that HotForex offers traders a big range of tools and training material to choose from including; client area webinars, ebooks, videos, economic calendar and their newest feature auto trading.
Another feature they have is their partnership section which allows IBs and affiliates to sign up to their program and start earning commission on their referred clients. It is important to point out here that HotForex is one of the few brokers that offers such a high commission reaching up to 60% of net spreads.
A third important feature to mention is their ongoing bonus and competitions some of them being:
100% Credit Bonus
a. Can be used to increase leverage.
b. If volume requirements are met bonus can be withdrawn
c. Relaxed Time Limit for completing Volume Requirements. This encourages prudent trading
d. Effectively makes the stop out level on original balance as zero
30% Rescue Bonus
a. Can be used to increase leverage.
b. Can be lost meaning that it can protect your account from Margin Calls and Stop Outs.
c. Effectively makes the stop out level on original balance as zero
Account Types Provided
• Micro Trading Account – Suitable for trading small volumes with small initial deposit.
• Premium Trading Account – Suitable for more experienced traders with no maximum lot size.
• VIP Trading Account – Suitable for traders who are experienced to trade minimum trading volume of half a standard lot.
• Islamic Trading Account – Suitable for Muslim traders who follow Sharia Principles.
• Currenex Trading Account – Suitable for experienced scalpers.
• Zulu Account – Suitable for new comers who need to get trading signals and execute those signals instantly without monitoring the market.
• PAMM Accounts – Suitable for investors those who are willing to invest under Forex Fund Managers.
Lastly their customer support is very helpful and responsive as their answered all our questions via live chat and email within 24hours.
What we found as their best feature is the ability to navigate easily their website and find all the necessary information regarding the broker’s offerings and being able to make a clear choice as well as view all the products HotForex has to offer.
HotForex has a wide range of trading platforms. Currently they are offering 9 trading platforms for their customers. These are,
1. HotForex Meta trader 4
2. Meta trader 4 for Mac
3. HotForex Web Trader
4. Smartphone Mobile Trading
5. HotForex iPhone Trader
6. HotForex iPad Trader
7. HotForex Droid
8. Blackberry Trader
9. HotForex RapidTrader FIX/API
HotForex offers a worldwide known MT4 trading platform that can be downloaded directly onto the trader’s desktop. The broker’s MT4 platform is also available in PDA and smartphone versions for traders who enjoy trading on the go. The Hot WebTrader is also available for those who prefer a browser-based Forex trading platform. HotForex also offers iPhone, Smartphone, PAMM, Android, iPad, and Blackberry trading.
- HotForex Partners Dashboard
HF Affiliates represents a special division of HotForex established specifically for the allowing new partners to come in and promote Hotforex. Providing a complete range of information, marketing tools and promotional material; HF Affiliates also provides a complete support system for partners of any kind (affiliates, introducing brokers, white labels, and regional officers) and their respective clients.
After selecting an appropriate partnership type, it is easy to promote HotForex due to its rich variety of trading services, conditions, and features. This is reinforced by HotForex’s accolades for numerous achievements in excellent service provision in various regions around the world.
Advantages for Partners:
• Completely risk free
• Unlimited earning potential with up to $15 per lot traded
• 25% commission offered for sub-affiliates
• Multi-tier affiliates up to 5 levels
• Easy to get started and no experience needed
• Auto-rebate system for client payments
• Fast and reliable payments
• Accurate tracking with advanced reporting tools and analytics
• Free marketing tools and promotional material
Forex Revenue Share
They offer affiliates up to 60% of Net Spreads based on the volume traded by clients. The more the referred client traders the more commission you will make that will go directly into your trading account or your preferred payment method.
Refer a partner 25%
By referring new partners to HotForex, you can earn up to 25% of the commission earned by all your sub affiliates.
Multi-Tier Affiliate Tracking Software with up to 5 Levels or Tiers
The HotForex Affiliate program now supports multi-tier/multi-level affiliate tracking with up to 5 Levels. This multi tier program works very well with multi level marketing partners.
HotForex Partners Marketing Materials
Hotforex offers their affiliates a big range of banners to choose from in 19 languages. These include flash, animated gif, artwork and static banners that you can take the code and add to your website along with your tracking link.
Hotforex provides a 101 tutorial on how to use the brand and what is a yes or not when deciding to promote their company . A pdf is also available for you to download
Hotforex can also provide a variety of attractive, customized landing pages for affiliates helping them increase traffic and conversion by making it easier for a client to sign up as they are able to view the company’s benefits all at one place.
Videos are made available to the client to help increase awareness of the Hotforex brand and make it more fun and enjoyable to watch all the advantages that Hotforex has to offer
Widgets help to provide useful information and trading tools in a small, short and attractive form
Avatars & Wallpapers
Hotforex offers all its affiliates a ready-made template of a website for free. This gives the chance to an affiliate who does not have his own website to get one for free and start promoting Hotforex in no time. This is a great chance to earn commission from potential clients if advertised correctly.
Brochures are made out for the affiliate who is looking to promote the company mostly offline therefore a ready template is made for immediate printing and use that will assist in creating awareness for the brand.
Promotional emails are an effective tool for affiliates that have big emails lists that they can use to promote HotForex to in order to prospective clients. Hotforex gives out ready promotional email templates that the affiliate can forward to customers
The hotForex reporting enables the affiliate to get an in-depth analysis of their traffic brought to Hotforex as well as how many clicks , clients etc please find below the full list of the reporting features
• Quick stats
• Trends report
• Raw Clicks
• Payouts to me
• Subaffiliate Sale Stats
• Tree of subaffiliates
• Channel stats report
• Advanced Charts
• Counts stats