Questions about HFX and HotForex Brokers

@Harmadi: Want to ask about HFX broker? What is it and is it the same as Hotforex?

It's not the same, HFX is a local broker while Hotforex is a foreign broker. HFX Broker is regulated by Bappebti with registration number 877/BAPPEBTI/SI/1/2006. This broker underwent a name change from Fortis Asia Futures to HFX Internasional Berjangka. On the other hand, Hotforex broker is a foreign broker established under the company name HF Markets (SV) Ltd and is regulated as follows:

• HF Markets (SV) Ltd is registered in St Vincent and the Grenadines,
• HF Markets (Europe) Ltd is regulated by CySEC Cyprus, and
• HF Markets Ltd is regulated by FSC Mauritius.

...is Starpeaktrade just reviewing or does it have other services?

Starpeaktrade is a website that provides information services with the aim of being informative and educational regarding forex trading. It includes broker reviews, but focuses more on the trading aspects.

HFX International Futures is a domestic broker that partners with Hotforex. It can be said that HFX International Futures is the official representative of Hotforex in Indonesia, because Hotforex will never be able to obtain official permission from Bappebti due to laws prohibiting it. Therefore, a new broker company based in Indonesia was created called HFX International Futures.

Hotforex's service is very poor when we withdraw. I withdrew on August 19, 2021, but it was rejected on August 20, 2021, with the reason being rejected by BCA. When I emailed BCA, I also CC'd Hotforex, BCA stated that they have never rejected/declined any transfers. I withdrew again on August 20, 2021, and as of today, August 24, 2021, it is still PENDING. Even though the WD is in accordance with HF procedures. I asked support, withdrawal and livechat, no one could give an answer as to when it would be paid. I WD far below the $6000 per day limit for online bank transfers. How about those who WD large amounts? Small WDs that are strangely pending for days. I asked some friends, some have experienced the same fate, some have been partially paid. What's going on with Hotforex?