FXPesa vs HotForex
| FXPesa Review 2023 | HotForex Review 2023 |
|---|---|
1.5
|
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 |
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FXPesa offers forex and CFD trading from its headquarters in Kenya. |
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% deposit bonus up to $150 | |
| Comment by Reviewer | |
| "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 | |
| Stocks, CFD, Forex | Stocks, CFD, Forex, ETFs, Volatility Index |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $5 | $100 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $0 | 0.01 Lots |
| Regulator | |
| CMA | FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | 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 | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| MT4, FXPesa Trader | iOS & Android |
| 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 | |
| No | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| MT4 | 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 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade leveraged CFDs on popular financial assets, including indices and commodities. | 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 | |
| 1:400 | 1:30 |
| FTSE Spread | |
| From 0.7 pips | 1.16 |
| GBPUSD Spread | |
| From 0.2 pips | 1.8 |
| Oil Spread | |
| From 0.028 pips | 0.05 |
| Stocks Spread | |
| Not Available | Variable |
| Forex Trading | |
| FXPesa offers 66 currency pairs, including all majors, plus a selection of minors and exotics. | 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 | |
| From 0.2 pips | 1.8 |
| EURUSD Spread | |
| From 0 pips | 1.3 |
| EURGBP Spread | |
| From 0.2 pips | 1.5 |
| Assets | |
| 66 | 50 |
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| More Comparisons | |
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FXPesa vs |
HotForex vs |