Hottrade-Overview of Minimum Deposit, Spreads & Leverage

HotTrades | 2024-11-19 16:54

Abstract：Established in 2021, Hottrade is an online forex broker in Saint Vincent and the Grenadines, offering many different trading assets including Stocks, Commodities, Indices, and more. It provides three trading accounts with a demo account to choose from, through the advanced MT5 trading platform. However, the required minimum deposit is relatively high.

HotTrades Review Summary
Founded	2021
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Not Regulated
Market Instruments	Stocks, Commodities, Indices, Bonds, Precious Metals, and Energies
Demo Account	Yes
Trading Platform	MetaTrader 5
Min Deposit	$1,000

HotTrades Information

Established in 2021, Hottrade is an online forex broker in Saint Vincent and the Grenadines, offering many different trading assets including Stocks, Commodities, Indices, and more. It provides three trading accounts with a demo account to choose from, through the advanced MT5 trading platform. However, the required minimum deposit is relatively high.

Pros and Cons

Pros	Cons
Support MetaTrader 5	Lack of regulation
Offers three account types and a demo account	Limited information on trading fees
Offers multiple assets to trade	High minimum deposit of $1,000

Is HotTrades Legit?

HotTrades is not regulated by any regulatory authority.

What Can I Trade on HotTrades?

Hottrade offers many different trading assets including Stocks, Commodities, Indices, Bonds, Precious Metals, and Energies.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stock	✔
Indices	✔
Cryptocurrency	✔
Bonds	✔
Energy	✔

Account Type

HotTrades offers three different account types, including Ruby, Emerald, and Diamond. It also offers a demo account. You can refer to the table for details.

Account Type	Minimum Deposit	Currencies	Features
Ruby	$1,000	USD, EUR, GBP	Customer support 24/5, MetaTrader 5, Online seminars
Emerald	$10,000	USD, EUR, GBP	Customer support 24/5, Analysis and overviews, Training Center
Diamond	$25,000	USD, EUR, GBP	Analysis and overviews, Training Center, Personal trading specialist

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MetaTrader 5	✔	PC and Mobile	Investors of all experience levels

Deposit and Withdrawal

The minimum deposit of HotTrades is $1000. But information on withdrawal is not limited.

Account Type	Minimum Deposit
Ruby	$1,000
Emerald	$10,000
Diamond	$25,000

Dealer Broker Forex trading Forex Broker

Related broker

No Regulation

HotTrades

Company name：Trinity Capital LLC.

Score

1.47

Website：https://hottrades.co.uk/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.47

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