HotForex M-Pesa - All you must know

HotForex, a Member of HF Markets Group is one of few brokers that accept M-Pesa for deposits and withdrawals. Unfortunately, we don't have any personal experience with HotForex as we have with other forex brokers that accept M-Pesa, so we can't recommend using HotForex.

 

With that being said, here is some information about HotForex and the usage of M-Pesa when trading with this broker. According to the HotForex official website, the minimum deposit when using mpesa is 1000 KES (which is around 10 dollars). Because M-Pesa is primarily popular in Kenya, I believe HotForex supports this payment only there. However, it is possible they also support it in other African countries where the use of M-Pesa is also high. The deposit time on the HotForex platform when using M-Pesa takes about 10 minutes and can be done through the deposit page when you are logged in your HotForex trading account.

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