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Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

HOTRADES

South Africa South Africa | 1-2 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://hotrades.com/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

United States United States 2.49
Surpassed 12.90% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+27 101 577 500
https://hotrades.com/
9TH FLOOR, ATRIUM ON 5TH STREET, SANDTON GAUTENG, 2196

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
South Africa
Operating Period
1-2 years
Company Name
DEDA Capital Markets (Pty) Ltd
Email
support@hotrades.com
Contact Number
+27101577500
Company Website
Account Info
Business Region
Verified Site
Relationship Map
Related Companies
Employees
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • hotrades.com
    76.76.21.21
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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HOTRADES

Related Companies

DEDA SERVICES LTD(Cyprus)
Cyprus
DEDA SERVICES LTD(Cyprus)
Active
Cyprus
Registration No. HE450195
Est. Date
Source Official Statement
Employees

Review summary

DEDA Capital Markets (Pty) Ltd, operating as HOTRADES, is a broker registered in South Africa with approximately 1-2 years of operational history. Its primary claim to regulatory status rests on a Derivatives Trading License (EP) issued by South Africa's Financial Sector Conduct Authority (FSCA), which is currently marked as 'Unverified'. According to WikiFX data, this broker holds a very low overall score of 1.27, with particularly low scores in regulatory and risk control indices. The broker's stated business scope has been flagged for review by analysts. From a trading conditions perspective, HOTRADES offers three main account types: the Discovery account with a $100 minimum deposit and leverage up to 1:100, the Prime account with a $5,000 entry and 1:300 leverage, and the Master account requiring a $20,000 minimum deposit with leverage up to 1:500. All accounts support scalping and Expert Advisors, with spreads advertised as low as 1.5, 0.8, and 0.3 pips respectively. Given the unverified status of its sole regulatory license and the low overall assessment score, prospective traders should be aware that this entity operates with a significant lack of credible financial oversight for its forex trading activities. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-01)

Company Profile

  • 1-2 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is it risky to trade with DEDA Capital Markets (Pty) Ltd?

WikiFX assessment indicates a very low overall score of 1.27 for DEDA Capital Markets, which presents a high-risk profile for traders. The broker's regulatory index and risk control index are both rated at 0.0, reflecting a significant lack of credible oversight. Furthermore, its business scope has been flagged as 'Suspicious' for review. This combination of an unverified license, extremely low performance indices, and a flagged operational history suggests a high degree of risk.

04-02
United States

Is DEDA Capital Markets (Pty) Ltd regulated?

DEDA Capital Markets (Pty) Ltd, operating as HOTRADES, holds a single 'Derivatives Trading License (EP)' from South Africa's Financial Sector Conduct Authority (FSCA). It is critical to note that this license is currently listed with an 'Unverified' status by regulatory data providers. The absence of any other verified licenses from major global regulators means the broker operates without mainstream regulatory oversight, contributing to its very low overall and regulatory index scores.

04-02
United States

How can I contact DEDA Capital Markets (Pty) Ltd?

The broker's headquarters are registered in South Africa. Specific contact details such as an address, phone number, or live support information are not publicly disclosed in the reviewed data. For an entity with an unverified regulatory status, the lack of readily available and transparent contact information is a notable point of consideration for potential traders.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

Apa yang dimaksud dengan situs broker kloning?

Situs broker kloning adalah situs yang meniru informasi broker resmi untuk menyesatkan investor agar melakukan penyetoran dana. Situs tersebut biasanya menyalin nama merek, desain halaman, bahkan informasi regulasi. Ciri umum meliputi domain yang sangat mirip dengan situs resmi, informasi kontak yang sulit diverifikasi, serta penawaran keuntungan yang tidak wajar. Setelah dana masuk ke platform seperti ini, biasanya sulit untuk dipulihkan. Disarankan untuk memverifikasi domain resmi dan informasi regulasi serta menggunakan WikiFX sebagai referensi tambahan.

Three days ago

¿Cómo se calcula la puntuación de WikiFX?

La puntuación de WikiFX se calcula mediante un modelo multidimensional que incluye el índice regulatorio, el índice de licencias regulatorias, el índice de capacidad operativa, el índice de control de riesgos y el índice tecnológico de la plataforma. La escala oscila entre 0 y 10 puntos. Además, la puntuación se actualiza dinámicamente en función de cambios regulatorios, tratamiento de reclamaciones y rendimiento histórico.

Three days ago

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

Apa itu WikiFX dan bagaimana membantu investor?

WikiFX adalah platform pihak ketiga yang menyediakan layanan pencarian informasi broker forex serta peringatan risiko. Platform ini mengintegrasikan informasi regulasi, umpan balik pengguna, dan riwayat operasional broker, serta melakukan evaluasi melalui model multidimensi untuk membantu investor memahami kondisi broker secara lebih menyeluruh.

Three days ago
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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