HotForex vs IG Group

HotForex vs IG Group Comparison Table 2022
HotForex IG Group
Not Yet Rated
United States Flag Traders from US accepted
4.4
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. IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have a 40 year track record of excellence.
Forex trading involves risk. Losses can exceed deposits
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
None None
Instruments
Stocks, CFD, Forex, ETFs, Volatility Index Stocks, Digital Options, Futures, Spreadbetting, Options, CFD, Forex, REITs, Volatility Index
Demo Account
Yes Yes
Minimum Deposit
$100 £250
Payment Methods
M-Pesa, Mastercard, Neteller, Skrill, Trustly, UnionPay, Visa, Wire Transfer Credit Card, JCB Card, Mastercard, MoneyGram, PayPal, Wire Transfer
Minimum Trade
0.01 lots £1
Regulator
FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA FCA, MAS
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
Yes Yes
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS, Android
Auto Trading
HotForex supports automated trading through access to MetaTrader 4 and MetaTrader 5, both of which have extensive expert advisor integration systems. Yes
Trade Signals
Yes Yes (Via Chartist Software)
VPS Hosting
No No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, PLN USD, EUR, GBP, CAD, AUD, JPY, SEK, CHF, CZK
CFD
HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.
Leverage
1:30 1:30 EU, 1:200
FTSE Spread
1.16 1 pt
GBPUSD Spread
1.8 0.9 pips
Oil Spread
0.05 3 pips
Stocks Spread
Variable 0.1% Var
Forex
HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts.
GBPUSD Spread
1.8 0.9 pips
EURUSD Spread
1.3 0.6 pips
EURGBP Spread
1.5 2 pips
Assets
50 90+
Forex trading involves risk. Losses can exceed deposits
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