Finq.com vs HotForex

Finq.com vs HotForex Comparison Table 2023
Finq.com HotForex
3.4
Not Yet Rated

HotForex is #13 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Finq.com is an online CFD trading broker offering 2100+ assets on a proprietary WebTrader terminal and MetaTrader 4.

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.

Pros
  • Up to 1:300 leverage
  • 24/5 customer support
  • 2100+ financial instruments
  • Negative balance protection
  • Free deposits and withdrawals
  • Joining bonuses and loyalty rewards
Cons
  • No MetaTrader 5 platform
  • Limited regulatory oversight
  • Narrow range of trading tools
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
$50 Welcome Bonus
Instruments
Shares, forex, commodities, indices, bonds, cryptocurrencies, ETFs Stocks, CFD, Forex, ETFs, Volatility Index
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
FSA FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
Yes No
STP Account
No No
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android & Windows iOS & Android
Auto Trading
EAs (MT4) HotForex supports automated trading through access to MetaTrader 4 and MetaTrader 5, both of which have extensive expert advisor integration systems.
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$25
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • INR
  • ZAR
  • CHF
  • RUB
  • USD
  • EUR
  • GBP
  • PLN
Stock Exchanges
Commodities
CFD Trading
Finq.com offers highly leveraged CFD products on traditional financial markets. HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.
Leverage
1:300 1:30
FTSE Spread
2.0 pts 1.16
GBPUSD Spread<
0.20 pips 1.8
Oil Spread
3.0 pips 0.05
Stocks Spread
<0.25% Variable
Forex Trading
Forex trading is offered on 55 pairs, with spreads from 1 pip on standard accounts and from 0.8 pips on the classic ECN account. HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts.
GBPUSD Spread
From 0.2 pips 1.8
EURUSD Spread
From 0.1 pips 1.3
EURGBP Spread
From 0.2 pips 1.5
Assets
55 50
Cryptocurrency
Finq offers tight spreads on leading cryptocurrencies with 1:2 leverage. Crypto trading not offered
Spread
From 0.8 pips
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Finq.com
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HotForex
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