I will explain how to open a HotForex account.
If you register according to this procedure, it will be completed in a few minutes. Then the identity verification documents will be uploaded and reviewed. This is the same for any broker.
Click “Open Live Account” on HotForex official website and enter the required information.
This page explains using a screenshot of PC, but you can also register from your smartphone.
First of all, HotForex creates two accounts.
Open a wallet account first, then a trading account.
The wallet account is the deposit / withdrawal destination. You can trade by transferring funds from wallet account to your trading account. The reverse flow is when withdrawing money. It’s easy to understand once you try it.
Let’s get started!!
＼Just 3 minutes!!／
- Steps for Opening Account in HotForex
- Documents for PLE and POA in HotForex
- How to Open an Account in HotForex
Steps for Opening Account in HotForex
- Register information and open a wallet account
- Upload documents (PLE and POA)
- Open a trading account
Documents for PLE and POA in HotForex
The following two types are required. Prepare in advance.
- PLE (Proof of Legal Existence)
- POA (Proof of Address)
Each requires one of the following:
PLE is limited to those within the expiration date, and POA is limited to those within 6 months after issued.
- Driver’s license
- ID card (Government issued)
- Bill invoice (Gas, Electric, Internet, Phone)
- Bill invoice (Credit card)
- Bank Statement (Bank issued)
How to Open an Account in HotForex
Click “Open Live Account” on HotForex official website.
Fill in basic information such as name and email address and click Register.
You will receive an email immediately, then activate your account.
Login to myHF
You will receive an email soon.
Since the login information for myHF (myHotForex portal) is written, log in.
myHF says to complete the registration.
Click “Click here” or the edit mark on the upper right.
Enter the address etc.
Address should be same as POA document.
Select USD or EUR.
Investor Information and Economic Profile
Answer these questions.
Upload Documents for Identity Verification
Submit your identity verification documents to activate your account.
When you upload the document, it will change to the status of approval process.
Once approved, you will be able to open a trading account.
Open a Trading Account
Next, open a trading account.
Click Open new Trading Account on myHF.
Account Type and Platform
Select account type, leverage and trading platform.
The 30% Rescue Bonus is only available for Micro and Premium accounts and for MT4.
For Introducing Broker ID, please input “343266”.
Then click Open Account to confirm your trading account.
Please refer to separated article “HotForex All Account Types” to know the conditions and specs of each account type.
When completed, the account number, password and MT4/MT5 server information will be displayed. You will receive the same information by email as well. Don’t forget it.
This completes the account opening.
You can deposit and start trading.
＼Just 3 minutes!!／