About the Premium account of Bonds, Commodities, Cryptocurrencies, Energy Oils, Forex Pairs, Index CFDs, Precious Metals, Shares (MetaTrader4, MetaTrader5/Non Dealing Desk) offered by HotForex.
Cashback Conditions
Cashback Rate
0.48 pips per lot
Pip Rebate
Type and Conditions
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General Trading Conditions
By opening an Premium account with HotForex, you can trade Bonds, Commodities, Cryptocurrencies, Energy Oils, Forex Pairs, Index CFDs, Precious Metals, Shares through MetaTrader4, MetaTrader5 trading platform.
Mainly HotForex Premium account offers Non Dealing Desk execution model, the maximum leverage is 1:500, spread is Floating from 1.0 pips.
Available Base Currencies
The account bsse currency is only available in EUR, USD.
Negative Balance Protection
HotForex adopts NBP(Negative Balance Protection), this means that you will not lose more than you deposit in your Forex & CFDs investment.
Margin call & Stop out
In the Premium account, Margin call is 80% and Stop out is set to 50%, so all your positions will be automatically closed when the margin level reaches down to 50%.
Allow Trading Strategies
HotForex allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of Premium account.
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How to start receiving Cash Back from HotForex?
Follow the steps below to start receiving Cash Back rebate on your HotForex trading accounts.
- Open a live/real account with HotForex
Go to the registration page open an account HotForex - Deposit more than 100 USD
The required deposit amount for HotForex’s Premium account type is 100 USD. - Install MT4 or MT5 platforms and login
To start trading, you must access to the MT4 or MT5 platforms. HotForex also has web trader which requires no installation of the program. - Start trading and earn Cash Back
The Cash Back will be calculated by the system and credited to your account automatically.
The rate of cash back varies depending on the financial instrument you trade. Please refer to the below table for the details.
| Currency pairs | 0.48 pip per lot |
|---|---|
| Gold and Silver | 4.8 USD per standard lot |
| Indices Spot | 0.6 USD per standard lot |
| US Shares (NYSE and NASDAQ) | 0.6 USD per standard lot |
| UK Oil and US Oil Spot and Future | 0.6 USD per standard lot (1 contract) |
| Cryptocurrencies | 0.6 USD per standard lot |
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Conditions of HotForex’s Cash Back Amount
Please note that for some account types and orders, different amount of cash back will be applied.
Refer to the below table for more details.
| Order Types | Cash Back amount |
|---|---|
| The trades opened for less than 1 (one) minute The trade with the spread between the open and close price of a trade does not exceed 2 (two) pips The trades on Zero spread accounts (only currency pairs, gold and silver) |
0.24 pips per lot |
| The trades made by using bonus funds The trades that are close by hedge as the volume of the trade becomes 0 |
No Cash Back |
| The traders on Platinum account (Only currency pairs, gold, silver, cryptocurrencies, spot indices, energies and US Shares) | 0.06 pip |
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Earn more Cash Back with HotForex’s Loyalty Program
While receiving the Cash Back for every trade you make, you can also participate to HotForex’s Loyalty Program to earn more.
Through the Loyalty Program, HotForex gives away HF Bars according to the trading volume you completed.
You can exchange the HF Bars for cash back or other special services.
To join HotForex’s Loyalty Program and receive Cash Back Bonus, follow the steps below.
- Open a live/real account with HotForex
Go to the registration page open an account HotForex - Deposit more than 100 USD
The required deposit amount for HotForex’s Premium account type is 100 USD. - Confirm your participation to HotForex’s Loyalty Program
Login to the client portal from HotForex Official Website and confirm to join the promotion. - Start trading and earn HF Bars
The amount of HF Bars you can earn depends on the level you are on.
Open HotForex Real MT4 Account
About HotForex Bars and Cash Back Rebate
For every 1 standard lot you trade, you will be rewarded with certain amount of HF Bars which you can exchange for cash back rebate.
The cash back rebate is available for withdrawal at anytime.
HotForex Loyalty Program has 4 levels as below:
| HotForex Loyalty Level | Red | Silver | Gold | Platinum |
|---|---|---|---|---|
| How to be upgraded to the level | Account Opening | 31 days of continuous active trading | 62 days of continuous active trading | 105 days of continuous active trading |
| HF Bars you can earn per lot | 6 HotForex Bars | 8 HotForex Bars | 10 HotForex Bars | 12 HotForex Bars |
You can exchange 35 bars for 1 USD of cash back to your MT4 account.
Before opening accounts with HotForex, find out more information and their promotions.
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