The spreads on all HotForex accounts vary, with most starting from 1 pip on the EUR / USD pair. The only exception is the Zero Spread account, which offers raw spreads starting from 0 pips but charges a commission of 6 USD. If you live in Japan and you want to try the HotForex broker you just need to go to http://www.cnie.org/japan/ immediately.
Deposit & Withdrawal Fees
Deposits are processed on business days and terms and conditions apply to each deposit option.
Bank Transfer – HotForex will cover transfer fees exceeding the minimum amount of 250 USD. Funds will be added to your trading account within one working day from the funds reflected in the HotForex account.
Bank Cards & E-Wallets – A minimum deposit of 50 USD is required, and it will take around 10 minutes for it to be processed to your trading account. There are no fees charged for this deposit method.
Withdrawals are processed within 24 hours (on a working day) after receiving them, and different conditions apply to each payment method.
Bank transfer – No fees & minimum withdrawal of 150 USD
Bank Cards & E-Wallets – No fees & minimum withdrawal of 5 USD.
HotForex for Beginners
Award-winning customer service and a client-focused approach mean that novice traders from Japan at HotForex can count on excellent support. Good quality educational material in a structured layout and market analysis format will be of great use to traders of all learning levels.
Traders from Japan opening a demo or live account will get access to the HotForex Electronic Course, a well-structured way to learn the basics of Forex trading. This course covers the basics of Forex theory and Forex trading, how to read and interpret charts, trading strategies, the psychology involved in the trading process, and technical analysis.
Video tutorials are available without registration for traders from Japan and those videos cover topics such as introductory concepts, Metatrader tutorials, trading strategies, and lessons in economic theory.
Webinars on current events, advanced trading strategies, and risk and money management are run every few days. This webinar does not require viewers to have an account with HotForex, but you must register to participate.