HotForex vs FXCM

HotForex vs FXCM Comparison Table 2022
HotForex FXCM
WINNER
HotForex is the better broker
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
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. FXCM are an FCA regulated, London based broker. Companies under the FXCM umbrella are also regulated in Australia and South Africa.
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
Instruments
Stocks, CFD, Forex, ETFs, Volatility Index Spreadbetting, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$100 £300
Payment Methods
Minimum Trade
0.01 lots Varies by asset
Regulator
FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA FCA, CySEC, ASIC.
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No Yes
Trading Central
No No
STP Account
No No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
No Yes
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 Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS and Android
Auto Trading
HotForex supports automated trading through access to MetaTrader 4 and MetaTrader 5, both of which have extensive expert advisor integration systems.
Copy Trading
No Yes
Copy Trading Platform
FXCM offers social and copy trading on forex, CFDs and cryptos through the hugely popular ZuluTrade platform.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No
Guaranteed Stop Loss
No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • PLN
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • ZAR
  • CHF
Stock Exchanges
Commodities
CFD Trading
HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.
Leverage
1:30 1:30
FTSE Spread
1.16 1.18 pts var*
GBPUSD Spread<
1.8 0.5 pips*
Oil Spread
0.05 0.05 (var)*
Stocks Spread
Variable 0.2% Var*
Forex Trading
HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts.
GBPUSD Spread
1.8 0.5 pips var*
EURUSD Spread
1.3 0.2 pips var*
EURGBP Spread
1.5 0.5 pips var*
Assets
50 40
Cryptocurrency
Crypto trading not offered
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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