HotForex, an online forex and commodities broker, has introduced its first branded prepaid card that will allow traders to cash their trading account earnings and pay electronically across the world.

The new offering, dubbed HotForex MasterCard, will allow users to make direct deposits from the card to their myHotForex wallet.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Users can also transfer their trading profits to the card and carry out secure online payments, shopping, and purchase goods and services at outlets accepting MasterCard.

A HotForex spokesperson said: "By combining the strengths of HotForex with a globally recognized name such as MasterCard, we bring flexibility and efficiency to our traders.

“Since the launch of HotForex MasterCard, we have seen an overwhelming popularity for this handy payment solution, mainly because it offers incredible ease and convenience in transactions, allowing our clients instant access to their money."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.