Brokers  /  HotForex

HotForex

Severe risk
🇺🇸 United States · < 1 year · since 2025-12-17 · hotforex Traders Capital Advisors Corporation
Unregulated
Visit site ↗
3.7/5
★★★★★ ★★★★★
1 reviews ›
0
Licenses ›
1
Withdrawal issues ›
$1
Min. deposit ›
1:500
Max leverage ›
4
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: EPIC-PRO · $1,000EPIC · $500VIP · 1 BTCMICRO · $100
▲ 100% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.2/10
Trustpilot3.7/5
Forex Peace Army—/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 6 months old
  • Withdrawal complaints in ~100% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age9215%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration108%
Transparency (site/info/social)7510%
Real-user sentiment208%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal namehotforex Traders Capital Advisors Corporation
Headquarters🇺🇸 United States
Founded2025-12-17
Years operating< 1 year
Employees0
Official websitewww.hotforextraders.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
InstrumentsForexMetalsIndex CFDsEnergy CFDs

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
EPIC-PRO1:500$1,000EUR/USD 2.8 GBP/USD 3.1 USD/JPY 3--✓
EPIC1:500$500EUR/USD 2.8 GBP/USD 3.1 USD/JPY 3--✓
VIP1:5001 BTCEUR/USD 2.8 GBP/USD 3.1 USD/JPY 3--✓
MICRO1:500$100EUR/USD 2.8 GBP/USD 3.1 USD/JPY 3--✓

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -3.1)

Across 1 recent Trustpilot reviews, 0% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex.

0
Period:
What users praise
Where reviewers are from
🇺🇸 US1

Real user reviews

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About HotForex

HotForex is a forex and CFD broker based in United States, with records dating to 2025-12-17. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, HotForex holds a real-user score of 3.7/5 across 1 reviews. Withdrawal problems appear 1 times — always test a small withdrawal first.

Overview compiled by FXCanary from regulatory records and public data. full HotForex review