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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

¿Cuáles son los organismos reguladores de forex más comunes?

Entre los organismos reguladores más comunes se encuentran la Financial Conduct Authority (FCA), la Australian Securities and Investments Commission (ASIC), la Commodity Futures Trading Commission (CFTC), la Securities and Exchange Commission (SEC), la Cyprus Securities and Exchange Commission (CySEC) y la Monetary Authority of Singapore (MAS). Estos organismos suelen aplicar estándares regulatorios estrictos. En WikiFX es posible consultar clasificaciones de brókers según su entidad reguladora.

Three days ago

¿Qué significa que un bróker tenga múltiples licencias regulatorias?

Cuando un bróker posee múltiples licencias regulatorias, generalmente significa que opera en diferentes jurisdicciones y debe cumplir requisitos normativos de varios organismos supervisores, lo que puede reflejar mayor capacidad operativa internacional. No obstante, la solidez de la supervisión puede variar entre reguladores, especialmente en el caso de licencias offshore. Se recomienda verificar si el bróker cuenta con licencias de organismos principales como FCA o ASIC y revisar su historial regulatorio mediante WikiFX.

Three days ago

Apakah dana masih dapat dipulihkan setelah terjadi penipuan investasi?

Pemulihan dana setelah terjadi penipuan investasi dapat menjadi proses yang sulit, namun tindakan cepat dapat membantu mengurangi potensi kerugian. Disarankan untuk menyimpan catatan transaksi dan komunikasi, menghubungi pihak bank untuk mencoba menghentikan atau membekukan pembayaran, serta melaporkan kejadian kepada otoritas setempat. Investor juga dapat menggunakan kanal pengaduan di WikiFX untuk meningkatkan visibilitas kasus.

Three days ago

Apa saja regulator forex yang paling umum dikenal?

Regulator forex yang umum dikenal antara lain Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), Cyprus Securities and Exchange Commission (CySEC), dan Monetary Authority of Singapore (MAS). Regulator-regulator tersebut biasanya memiliki standar pengawasan yang tinggi.

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
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