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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
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Employees
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Wiki Q&A
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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
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    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

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

¿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

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

¿Qué es WikiFX y cómo puede ayudar a los inversores?

WikiFX es una plataforma independiente que proporciona servicios de consulta de información sobre brókers de divisas y alertas de riesgo. Integra datos regulatorios, comentarios de usuarios y registros históricos, y realiza evaluaciones mediante un modelo multidimensional para ayudar a los inversores a comprender la situación general de un bróker y sus posibles riesgos. Este tipo de herramientas permite realizar una verificación preliminar antes de elegir un bróker.

Three days ago

¿Cómo comparar diferentes brókers de forma eficaz?

Para comparar diferentes brókers, los inversores pueden evaluar factores como la situación regulatoria, la puntuación integral, el entorno de trading, las condiciones de cuenta y los comentarios de usuarios. Se recomienda priorizar la verificación del estado regulatorio y las licencias, seguida del análisis de la puntuación WikiFX y sus distintos índices. La herramienta de comparación multidimensional de WikiFX permite realizar evaluaciones más estructuradas y eficientes.

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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