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frequently asked questions

Who are we?

Hotforrebate.com is an English rebate service providing company for Forex traders. The operation of our company is based on the principle that part of brokerage commission is returned to the traders at the end of the month. This will enhance the trader's profit. Our aim was to provide innovative solutions and high quality services to our clients. We support our clients and keep track of the evolving needs so that we can provide them the best possible service. Be our partner so that we can achieve bigger success together in the world of Forex.

How can I join the rebate program?

You have to open a new real trading account through hotforrebate.com website. If you are already a HotForex client enter myHotForex website and initiate a new account opening. At the account opening field select the "Affiliate ID" after, please type in our company ID:
- If you are operating from EU supervisory countries enter: ‎5057835,
- If you are register from Non EU supervisory countries: 57835
- If you are operating from Sout Africa region supervisory countries: ‎‎10057835
After send us your new account number.

How can I sign up?

Registration on our website is free. You can do it on hotforrebate.com's home page, or by clicking on the given link . Your data is treated securely and they are not disclosed to third parties.

How can I open a new trading account?

All you have to do is click on any "open a new account" button on our website and open a new trading account. Send us your new account number by email to support@hotforrebate.com. Do not send your password! We will activate the rebate on your new account. If you are already a HotForex client enter myHotForex website and initiate a new account opening. At the account opening field select the "Affiliate ID" after, please type in our company ID:
- If you are operating from EU supervisory countries enter: ‎5057835,
- If you are register from Non EU supervisory countries: 57835
- If you are operating from Sout Africa region supervisory countries: ‎‎10057835
After send us your new account number.

What shall I do if I already have a trading account at HotForex?

If you are already a HotForex client enter myHotForex website and initiate a new account opening. At the account opening field select the "Affiliate ID" after, please type in our company ID:
- If you are operating from EU supervisory countries enter: ‎5057835,
- If you are register from Non EU supervisory countries: 57835
- If you are operating from Sout Africa region supervisory countries: ‎‎10057835
After send us your new account number.

If I open an account through hotforrebate.com, am I still entitled to the promotional offers of Hotforex as well?

Yes, we currently have an agreement with HotForex according to which bonuses can be activated also on accounts which were opened based on our recommendations.

If I have an initial or loyalty bonus on my existing account, what happens to that when I open an account and I transfer this amount to it?

The bonus will be withdrawn from the old account. On the new account other bonus possibilities can be chosen.

How does accounting happen?

You can get the rebate in two different ways.
1.directly on your HotForex trading account
2.transferred payment in the form you requested (paypall, neteller, skrill).

If you choose the first possibility HotForex after the daily closing automatically credit the amount on your trading account. The daily minimum commision credit is $5. If your daily cashback does not reach $5 then the amount accumulates during the next days.

If you choose the second possibility then your results are updated on Hot For Rebate website after the closed trading day in 24-48 hours. Payments can be requested every month between the 1st and 10th. Payments take place every month between the 10th and the 15th.

What kind of rebate can I receive based on my trading?

After the closure of a position, which lasted more than 1 minute and 2 pip movement on Micro, Premium, AUTO, ISLAMIC accounts $7.2/lot (differs from account types major and exotic pairs), on Fix account $5.4/lot, on Zero, VIP, PAMM (client/investor) accounts $2.7/lot is recognized in the hotforrebate.com system.
PAMM (client/investor) account opening is possible only from NON EU countries.
In case of VIP account cashback is only possible if the client agrees to pay $8 round turn commision instead of $6.
After the closure of a position, which lasted shorter than 1 minute and 2 pip movement the cashback volume is 50%.

Where can I check my rebate account?

Sign in hotforrebate.com’ website and in the “My Account” menu you can check your current account and the amounts which have been closed and can be withdrawn. The amount which can be withdrawn shows the closed months and the amounts which have not been withdrawn yet.

What rebate applies to gold and silver trading?

In case of gold and silver trading accounts opened after the promotional period it is $7.2/lot. The rebate applies.to every gold and silver trading if there was more than 1 minute and 2 pip movement between opening and closure. After the closure of a position, which lasted shorter than 1 minute and 2 pip movement the cashback volume is 50%.

What shall I do if I experience discrepancy in the accounts?

Our customer's satisfaction and trust is top priority. If you have any questions, do not hesitate to contact us by support@hotforrebate.com e-mail address. Please send it to us, where you have found the discrepancy, and please attach the invoice history of the disputed period. Our colleague will contact you within 24 hours.

Where are the statistics of my accounts?

You can check your account on hotforrebate.com website under "My Account" menu at the statistics. Choose the trading account, the details of which you would like to see, and then set the desired time span. Here you can view the statistics of hotforrebate.com too, and you can also save it.

What payment methods can I choose from?

Currently you can choose from PayPal, Neteller and Skrill payment methods on hotforrebate.com website. In the future, we are planning to implement other popular and secure payment methods too, e.g.banktransfer, Webmoney etc.

When will the payment arrive?

You can get the rebate in two different ways.
1.directly on your HotForex traing account
2.transferred payment in the form you requested (paypall, neteller, skrill).

If you choose the first possibility HotForex after he daily closing automatically credit the amount on your trading account. The daily minimum commision credit is $5. If your daily cashback does not reach $5 then the commision accumulates in the next days.

If you choose the second possibility then your results are updated on Hot For Rebate website after the closed trading day in 24-48 hours. You can request for payment 10 calendar days after each completed month. If you wish, you may request the full accumulated amount to be paid. The amount credited for the current month can be consulted only after the closure of the reference month. The minimum requested monthly amount is 15 US$. Payments take place every month between the 10th and the 15th. If you want to modify the requested amount, you have the opportunity to do it. Please, let us know the need for change in the amount by email.Then we cancel the earlier requested payment and you can reapply again for the payment of the new amount on hotforrebate. com website. Payment can be requested every month between the 1st and the 10th. This is necessary for the transparency of the accounting system.

Is it possible to connect to referral programs?

Currently it is not possible to join hotforrebate.com as a partner. But in the future we may create ways to offer possibilities for this type of cooperation.