Alpari vs HotForex
Alpari | HotForex |
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3.8
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4
HotForex is #13 in our CFD broker rankings.
HotForex is now HF Markets. See our review of HF Markets for our latest findings and expert verdict.
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Traders from US not accepted
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Traders from US accepted |
Alpari is an offshore multi-asset broker that offers traders a wide range of forex trading opportunities as well as stock, index and commodity CFDs. The broker also offers fixed costs with payouts known upfront. Trading takes place on the reliable MT4 and MT5 platforms, plus the brand's mobile app. Alpari offers tight ECN spreads which will serve active day traders. |
HotForex, now HF Markets, is a hugely popular broker with millions clients and authorization from several trusted regulators, including the FCA and CySEC. Leveraged CFDs are available on popular asset classes alongside industry-leading software, flexible account types and an accessible minimum deposit. |
Bonus Offer | |
30% up to $100 (terms apply) | |
Comment by Reviewer | |
"Alpari will suit short-term binary options traders with a low $5 deposit, powerful charting terminals, and a rebate scheme. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors." | "HotForex is a great all-rounder that will serve traders of all experience levels. We appreciate the regulated and secure trading environment, low minimum deposit, wide market access and user-friendly copy trading solution." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, Stocks, Commodities, Indices, Crypto | CFDs, Forex, Stocks, ETFs, Commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$5 | $100 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FSC, SEBI, JFSA | FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA |
Margin Trading | |
No | Yes |
STP Account | |
No | No |
ECN Account | |
No | Yes |
DMA Account | |
No | Yes |
MAM Account | |
No | No |
PAMM Account | |
Yes | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS & Android | iOS & Android |
Android App Rating | |
3.6 |
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iOS App Rating | |
3.6 |
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Auto Trading | |
Expert Advisors (EAs) on MetaTrader | HotForex supports automated trading through access to MetaTrader 4 and MetaTrader 5, both of which have extensive expert advisor integration systems. |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
Users can follow experienced strategy managers at Alpari, including seasoned forex traders. The broker offers account ratings to help you find a suitable provider as well as notifications on returns and one-click deposits and withdrawals. | |
Social Trading | |
No | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
Yes | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$5 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Alpari offers CFDs on 60+ forex pairs, hundreds of global stocks, 11 stocks indices and spot metals and energies. Trading takes place via the MT4 or MT5 platforms, and the broker provides strategy and copy trading support as well as educational resources and 24/5 multilingual customer service. | HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex. Leverage is in line with the relevant regulatory jurisdictions and spreads are tight with no hidden charges. |
Leverage | |
1:1000 | 1:30 |
FTSE Spread | |
13 | 1.16 |
GBPUSD Spread | |
0.7 | 1.8 |
Oil Spread | |
4.0 | 0.05 |
Stocks Spread | |
2.0 | Variable |
Forex Trading | |
Alpari traders can access 60+ currency pairs and crosses via CFDs on the MT4 and MT5 platforms. The broker offers very competitive pricing, especially on the ECN Pro account which is commission free. Significant leverage up to 1:1000 is available. | HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts. This is a strong selection of currencies with advanced analysis software available to plan and execute trades. |
GBPUSD Spread | |
0.7 | 1.8 |
EURUSD Spread | |
0.4 | 1.3 |
EURGBP Spread | |
0.6 | 1.5 |
Assets | |
50+ | 50 |
Currency Indices | |
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Cryptocurrency | |
Alpari offers a solid selection of popular crypto tokens paired with the USD. Spreads are competitive, starting at 1 and users can analyze the digital asset markets with the leading MetaTrader platforms, including on the weekends. | Crypto trading not offered |
Spread | |
1 | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
More Comparisons | |
Alpari vs |
HotForex vs |