HotForex, a forex brokerage brand of HF Markets Group, with regulation in Cyprus, South Africa and registrations in numerous European countries, said it has opened its first office in South Africa – in Johannesburg.
“We are excited to be expanding our operations in South Africa, as the client demand for the tailored and user-friendly services we provide, continues to grow”, said HotForex Managing Director Aristos Kyriakides. “Our trading services and facilities to both retail and institutional clients and our new office will ensure we continue to deliver the highest standards of excellence and give our clients unparalleled access to exciting international trading opportunities. All investors need to maximise opportunities, diversify and manage risk. Forex and other derivatives – if managed properly – can be the ideal vehicles for investors in Africa to achieve great results”, added Kyriakides.
HotForex is the unified brand name of HF Markets Group, which operates under its subsidiaries HF Markets, licensed by the Mauritius financial regulator, the Financial Services Commission (FSC), South Africa’s Financial Services board (FSB), which it obtained last summer, and HF Markets (Europe), which holds a license by the Cyprus Securities and Exchange Commission (CySEC).
HotForex offers a leverage of up to 1:1000 on some types of accounts and requires a minimum deposit of $50 on its Micro account. Its tradable portfolio includes forex, CFDs, metals, indices and shares. For a more detailed review of the broker, please click here.
Recently HotForex signed up German footballer Michael Ballack for participation in a marketing campaign.