HotForex Kenya, Minimum Deposit, Bonuses, Contacts
HotForex Kenya is one of the most recommended forex Trading broker in Kenya.
It is an award-winning forex and commodities broker providing its facilities and services to both institutional and retail clients.
To create a HotForex account is simple and fast and it will only take you a few minutes to complete. Below is a simple guideline on how to create the account:
- Visit the HotForex website hotforex.com, and click on the Open Account button this will redirect you to the sign up page.
- On the registration page choose the type of account you want to open that is either Individual, Corporate or a joint and fill in the short form as required.
- For the individual account you are required to fill in your country of Residence, Phone Number, First Name, Last Name, Email Address, Date of Birth and Password.
- For a corporate account you are required to fill in the company information that is Country of Registration, Company Name and Registration Number. Also the representative information that is country of Residence, Phone Number, First Name, Last Name, Email Address, Date of Birth and Password.
- For a joint account you are required to enter the personal information of each member that is country of Residence, Phone Number, First Name, Last Name, Email Address, Date of Birth and Password, and the relationship between the applicants of the joint account.
- Next, agree to the terms and conditions and click on the Register button
- You have successfully created your account.
After creating a HotForex account now you can successfully Login. To Login follow the simple guideline below:
- Visit hotforex.com and click on the Login button. You will be redirected to a Log in page.
- Here you are required to fill in your HF Account ID and password and then click on the Login button.
- Now you can start your trading.
HotForex account types
HotForex offers six account types. These account types include:
Demo Account: this is like a trial account with virtual money which one can create to practise trading strategies.
Live Trading accounts: in this type of account, this is where the actual trading takes place. Examples of live accounts include:
- Micro Account
- Premium Account
- Zero Account
- HFcopy Account
- PAMM (premium) Account
- Islamic Account
Read Also Pepperstone Kenya Forex Trading Guide
HotForex minimum deposit
This is one of the important requirements to consider before choosing a reliable Forex broker. Minimum deposit, is the amount of money that you must deposit in account in order to start trading with HotForex.
The minimum deposit recommended by the company depends on the account type. The table below shows the account types and their minimum deposits.
|Account type||Minimum Deposit|
|Micro Trading Account||$5|
|Premium Trading Account||$100|
|Zero spread Trading Account||$200|
HotForex has a 4.2 star rate and an average range of positive reviews. It is highly recommended to traders in Kenya who are willing do Forex trading. However, it is considered an average risk with a score of 85. Some of the positive reviews include:
- It offers excellent and friendly customer support
- It is offers fast deposits and withdrawals
- Has trading tools which helps clients to plan their trades effectively.
- Offers powerful trading platforms to suit all trading styles
HotForex App is available both on the Google Play store for Android phones and on the App store for iPhones.
This app enables its clients manage their accounts and also access financial markets at the palm of their hands, anywhere anytime.
It also helps the traders to understand the markets with its features such as latest news, trading tools, updates and financial analysis.
Follow the simple steps to download the app on Android devices.
Note that the APK is the same as the application. That is you are essentially downloading the same product if you choose either APK or App.
- Search HotForex App on Google Play Store
- Next, click on install and wait for the process to complete.
- Otherwise, go to a provider website like apkfaster.com
- Search HotForex APK version 3.1.2
- Now click on install and wait for the complete installation of the app on your mobile phone.
- However you need to make sure that third-party applications are allowed on your device.
- The HotForex App symbol or icon will appear on your Android mobile.
- Now you can launch the HotForex mobile app, and start trading
Besides the two platforms above, you can also get the application from other app providers online.
HotForex Kenya contacts
HotForex offers one of the best customer service. You can contact them via several channels and get a response on your query or the required assistance as fast as possible. Below are some of the ways you can reach HotForex:
- Location: The Oval Building, Corner of Jalaram Road/ Ring Road Westlands 5th floor
- Email Address:
- Phone number: 020 389 4292
- Website: hotforex.com
- Fax: +44 – 2030 9785 70
- Live chat