5paisa vs HotForex

5paisa vs HotForex Comparison Table 2021
5paisa HotForex
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. HotForex is a forex and CFD broker that is regulated by the FCA and provides access to over 1,000 securities and derivatives on several international markets.
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Awards
Top 100 Companies - World Finance Magazine
Best Forex Broker Asia - Global Business Review Magazine 2021
Best Customer Service Experience - Global - World Business Outlook
Best Client Fund Security Global - International Business Magazine 2021
Most Transparent Broker - The European - Global Banking & Finance Review Awards
Bonus
None None
Instruments
Stocks, Futures, Options, Forex Stocks, CFD, Forex
Demo Account
No Yes
Minimum Deposit
INR 450 $100
Payment Methods
Wire Transfer Mastercard, Neteller, Skrill, Trustly, UnionPay, Visa, Wire Transfer
Minimum Trade
No 0.01 lots
Regulator
SEBI FCA
Margin Trading
Yes Yes
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
No HotForex supports automated trading through access to MetaTrader 4 and MetaTrader 5, both of which have extensive expert advisor integration systems.
Trade Signals
Yes Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
INR USD, EUR, GBP
CFD
CFD trading not offered HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.
Leverage
1:30
FTSE Spread
1.16
GBPUSD Spread
1.8
Oil Spread
0.05
Stocks Spread
Variable
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts.
GBPUSD Spread
N/A 1.8
EURUSD Spread
N/A 1.3
EURGBP Spread
N/A 1.5
Assets
4 50