FAQS | TRADERZLINK

Frequently Asked Questions

1. What is TRADERZLINK Copy Trading?

Copy Trading or Social Trading allows you to replicate the portfolio's performance of our Strategy Provider or Trade Sender by directly copying its orders, position, and strategy. This is an opportunity to earn from backtested strategies for traders who are just learning to trade in the financial market.

2. Is HotForex Regulated?

HotForex is a unified brand name of the HF Markets Group which encompasses the following entities:

HF Markets (SV) Ltd Incorporated in St. Vincent & the Grenadine as International Business Company with the registration number 22747 IBC 2015.
HF Markets (Europe) Ltd a Cypriot Investment Firm (CIF) under number HE 277582. Regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 183/12
HF Markets SA (PTY) Ltd is an authorised Financial Service Provider from the Financial Sector Conduct Authority (FSCA) in South Africa, with authorisation number 46632.
HF Markets (Seychelles) Ltd is regulated by the Seychelles Financial Services Authority (FSA) with Securities Dealer's License number SD015.
HF Markets (DIFC) Ltd is authorised and regulated by the Dubai Financial Services Authority (DFSA) under license number F004885.

3. Which countries is HotForex operating from?

Abu Dhabi, Albania, Algeria, Argentina, Armenia, Austria, Azerbaijan, Bahrain, Bangladesh, Barbados, Belize, Bolivia, Brazil, Bulgaria, Burkina Faso, Cambodia, Cameroon, Chad, Chile, Colombia, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Dominican Republic, Dubai, Ecuador, Egypt, Estonia, Ethiopia, Finland, France, Gabon, Georgia, Germany, Ghana, Greece, Guatemala, Honduras, Hongkong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kuwait, Kazakhstan, Kenya, Latvia, Lebanon, Lesotho, Lithuania, Luxemburg, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Mauritania, Mexico, Moldova, Mongolia, Montenegro, Morocco, Mozambique, New Zealand, Nepal, Netherlands, Nicaragua, Nigeria, North Macedonia, Norway, Oman, Pakistan, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Trinidad, Tunisia, Turkey, Uganda, Uruguay, UK, Venezuela, Vietnam, Zambia, Zimbabwe

4. How much is the minimum deposit for TRADERZLINK forex copy trading?

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The minimum deposit for TRADERZLINK forex copy trading is $1,000 but we highly recommend our copy traders to deposit $2,000 for optimal profit. This will also serve a buffer for manageable future drawdowns. Please take note that the amount you wish to deposit should also take into consideration your risk tolerance and the profit that you wish to earn.

For example, one of our recommended trade senders is averaging 1-2% profit per day, so if you're aspiring for $100 profit per day, then you should have min. $10,000 as your trade capital.

5. How do I monitor my account and copied trades?

You do not need to actively run any application. Just create your account, verify and fund your account and select our Strategy Provider that you would copy trades from! You can subscribe to our Forex copy trading service and monitor the respective trades just by using your mobile smartphones and desktop. You can do this by downloading the MetaTrader 4 application from Playstore or Applestore.

6. How do I check your traders' profitability history?

a. Just login to our system, create and verify your account.
b. Once verified, then you can see the profitability of our trade senders.

Alternatively, you may join our Telegram Channel to be updated on our Copy Trading performance:

TRADERZLINK FOREX Copy Trade Results

7. How do I start with copy trading?

a. Create your TRADERZLINK Forex Account here: TZL Forex Account

b. Verify your account by submitting the required documents like Driver's license, UMID, Passport, Postal ID, Barangay Certificate, etc, for your proof of existence and proof of address.

c. Once verified and approved, fund your account, and then proceed with creating your copy trading or follower account by simply going to HF Copy, open Follower account. Specify 339619 as your Introducing Broker ID. Our TRADERZLINK coaches will assist you in setting this up for you. We can provide you the best coaches for your account activation.

8. How do I open an account?

Open your account here: TZL Forex Account

9. How do I deposit to my account?

It is easy! Once you are logged in to your account and access your dashboard, please click Deposit. We offer a variety of deposit options! Please click here to see all available methods.

10. How do I add funds to my Follower account?

It is easy! Log in to your account and access your dashboard. Go to HFCopy and click My Follower Account. Click Add Funds.

11. How do I withdraw my profits?

It is simple and easy! There are two ways to withdraw your profits:

a. From your follower account to your MyWallet

b. From your MyWallet account to your bank account.

12. How fast is the withdrawal?

Withdrawals submitted before 10:00am server time are processed on the same business day between 7:00am and 5:00pm server time. Server time is Cyprus Time.

13. What if I live/work in countries that you don't operate in? How do I join TRADERZLINK?

No problem! We will have one of our coaches assist you with this concern.

14. How do I verify and provide the needed documents for my HotForex Account?

For Live accounts we need at least two documents to accept you as an individual client:

Proof of Identification - current (not expired) colored scanned copy (in PDF or JPG format) of your passport. If no valid passport is available, please upload a similar identification document bearing your photo such as National ID card or Driving license.
Proof of Address - a Bank Statement or Utility Bill. Please ensure however, that documents provided are not older than 6 months and that your name and physical address is clearly displayed.

Important Note: The name on the Proof of Identification document must match the name on the Proof of Address document.

You can conveniently upload your documents directly from your myHF area; alternatively you can also scan them and send them to backoffice@hotforex.com. Your documents will be checked by the verifications department within 48 hours. Kindly note, any deposits will be credited to the account only after your documents have been approved and your myHF area is fully activated.

15. Is there a contract period with TRADERZLINK / HotForex?

There's no contract period with us nor with HotForex!

16. How legitimate is TRADERZLINK?

TRADERZLINK has been into copy trading of different trading markets such as Binary Options and Forex Currencies for 4 years now. TRADERZLINK is HotForex' choice for its Ambassador position for the Philippines.

17. How legitimate is HotForex?

HotForex is an award winning forex and commodities broker which provides trading services to both retail and institutional clients. HotForex is more than 10 years in the business, with over 2.5 Million live accounts opened, with over 45 industry awards, and has more than 27 supported languages. It has positioned itself as the forex broker of choice for many traders worldwide.