1. Home
  2. Best Day Trading Platforms and Brokers in 2024

HotForex vs Global Market Index

HotForex vs Global Market Index Comparison Table 2024
HotForex Global Market Index
Review
4
HotForex is now HF Markets. See our review of HF Markets for our latest findings and expert verdict.
Review
Not Yet Rated

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.

Global Market Index offers multiple asset classes on five powerful trading platforms.

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
  • Unlimited usage demo account
  • Easy to sign up with no starting deposit
  • Range of deposit and withdrawal methods
  • Transparent fee and commission structures
  • Hugely popular brand with millions of traders
  • Advanced mobile apps with full trading access
  • Market-leading insurance for up to €5,000,000
  • Virtual private server (VPS) integration support
  • Regulated by tier-one agencies including the FCA
  • Various account types plus Islamic and joint accounts
  • Comprehensive educational platform and trading tools
  • Live chat option with customer support available in 27 languages
Cons
  • No cryptocurrency trading
  • No proprietary trading software
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
  • Best Liquidity Provider 2017
  • Best Trading Environment 2017
  • Best Trading Platform Provider 2016
  • Best Forex Broker 2016
  • Fastest Growing Broker 2016
  • Best EA Trading Platform 2016
  • Best Forex Broker 2014
  • Best Forex Broker 2012
  • Best Forex Trading Platform 2012
  • Best Forex Broker 2011
Instruments
CFDs, Forex, Stocks, ETFs, Commodities Forex, CFDs, Metals
Demo Account
Yes Yes
Minimum Deposit
$100 $2000
Trading Platforms
  • MT4
  • MT5
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA FCA, VFSC
Margin Trading
Yes No
STP Account
No No
ECN Account
Yes No
DMA Account
Yes No
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 No
Mobile Apps
iOS & Android Yes
Auto Trading
HotForex supports automated trading through access to MetaTrader 4 and MetaTrader 5, both of which have extensive expert advisor integration systems. Yes (APIs)
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • PLN
Stock Exchanges
Commodities
CFD Trading
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. Trade index and commodity CFDs with up to 1:200 leverage and floating spreads.
Leverage
1:30 1:200
FTSE Spread
1.16 Floating
GBPUSD Spread
1.8 N/A
Oil Spread
0.05 Floating
Stocks Spread
Variable N/A
Forex Trading
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. Major and minor currency pairs including EUR/USD with low spreads.
GBPUSD Spread
1.8 Floating from 1 pip
EURUSD Spread
1.3 Floating from 1 pip
EURGBP Spread
1.5 Floating from 1 pip
Assets
50 40+
Review
Review
More Comparisons
HotForex
vs
 Global Market Index
vs