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Score

0 1 2 3 4 5 6 7 8 9
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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
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    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

¿Es posible recuperar fondos tras un fraude de inversión?

La recuperación de fondos tras un fraude de inversión puede resultar difícil, pero tomar medidas oportunas puede ayudar a recuperar parte de las pérdidas. Se recomienda conservar registros de transacciones y comunicaciones relevantes, contactar con el banco para intentar detener o congelar los pagos y presentar una denuncia ante las autoridades competentes. Además, los inversores pueden utilizar los canales de reclamación pública de WikiFX para aumentar la visibilidad del problema.

In a week

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.

In a week

¿Qué es un sitio web clonado de un bróker?

Un sitio web clonado de un bróker es una página fraudulenta que imita la información de una empresa legítima para inducir a los inversores a realizar depósitos. Estas páginas suelen copiar el nombre de la marca, el diseño del sitio e incluso la información regulatoria. Sus características comunes incluyen dominios similares al sitio oficial, información de contacto difícil de verificar y promesas de rentabilidad inusualmente altas. Una vez transferidos los fondos, normalmente resulta difícil recuperarlos. Se recomienda verificar el dominio oficial, la información regulatoria y utilizar WikiFX como herramienta de verificación adicional.

In a week

¿Qué aspectos deben considerarse al elegir un bróker seguro?

Al elegir un bróker seguro, los inversores deben centrarse en factores como la situación regulatoria, la seguridad de los fondos y la transparencia de las condiciones de trading. Generalmente se recomienda priorizar plataformas reguladas por organismos reconocidos como la FCA, la SEC o la ASIC. También es importante verificar si los fondos se mantienen en cuentas segregadas, si la estructura de comisiones es transparente y si existen incidencias relacionadas con retiradas o reclamaciones relevantes. La puntuación de WikiFX y los comentarios de usuarios pueden servir como referencia adicional.

In a week

Bagaimana cara menentukan apakah broker teregulasi?

Untuk menentukan apakah broker teregulasi, hal utama yang perlu dilakukan adalah memverifikasi apakah broker tersebut memiliki lisensi keuangan yang valid. Investor dapat memeriksa nomor lisensi dan statusnya melalui situs resmi regulator seperti Financial Conduct Authority (FCA) atau Australian Securities and Investments Commission (ASIC) untuk memastikan keasliannya. Perlu diperhatikan bahwa beberapa broker mungkin menggunakan lisensi pihak lain atau beroperasi di luar yurisdiksi yang diizinkan, yang juga mengandung risiko. Berdasarkan data WikiFX, status regulasi, riwayat operasional, dan skor risiko dapat digunakan sebagai referensi tambahan.

In a week
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