HotForex vs IG Group

HotForex vs IG Group Comparison Table 2023
HotForex	IG Group
Review Not Yet Rated HotForex is #12 in our CFD broker rankings.	Review 4.4 IG Group is #2 in our CFD broker rankings.
Traders from US accepted	Traders from US 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 over 47 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	Best Customer Service 2022 - Online Money Awards Best Spread Betting Provider 2022 - Online Money Awards Best Platform for the Active Trader 2022 - ADVFN International Financial Awards Best Multi Platform Provider 2022 - ADVFN International Financial Awards Best Finance App 2022 - ADVFN International Financial Awards
Instruments
Stocks, CFD, Forex, ETFs, Volatility Index	Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting
Demo Account
Yes	Yes
Minimum Deposit
$100	£250
Payment Methods
M-Pesa Mastercard Neteller PayRedeem Skrill Sticpay Trustly UnionPay Visa Wire Transfer	Credit Card Debit Card Mastercard PayPal Visa Wire Transfer
Minimum Trade
0.01 lots	0.1 lots
Regulator
FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA	FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	Yes
STP Account
No	No
ECN Account
Yes	No
DMA Account
Yes	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	Yes
Negative Balance Protection
No	Yes
Market Maker
No	Yes
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
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Islamic Account
Yes	No
Account Currencies
USD EUR GBP PLN	USD EUR GBP
Stock Exchanges
Australian Securities Exchange Deutsche Boerse Euronext Japan Exchange Group New York Stock Exchange SIX Swiss Exchange	Australian Securities Exchange Borsa Italiana Bombay Stock Exchange Deutsche Boerse Dow Jones Euronext Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange National Stock Exchange Of India Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Tadawul Toronto Stock Exchange Taiwan Stock Exchange
Commodities
Silver	Aluminium Coffee Cannabis Copper Gold Iron Lithium Natural Gas Nickel Oil Orange Juice Palladium Precious Metals Silver Soybeans Steel Sugar Wheat
CFD Trading
HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.	Trade leveraged CFDs on a variety of assets including stocks, commodities and forex
Leverage
1:30	1:30
FTSE Spread
1.16	1.0 pt
GBPUSD Spread
1.8	from 0.589 pips
Oil Spread
0.05	2.8 pips
Stocks Spread
Variable	Variable
Forex Trading
HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts.	Trade a range of major, minor and exotic currencies
Forex App
	IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks.
GBPUSD Spread
1.8	from 0.589 pips
EURUSD Spread
1.3	from 0.165 pips
EURGBP Spread
1.5	from 0.540 pips
Assets
50	90+
Currency Indices
	USD
Cryptocurrency
Crypto trading not offered	Trade four major cryptocurrencies paired with USD
Spread
	Variable
Coins
	BTC BCH LTC ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	Forex trading involves risk. Losses can exceed deposits
More Comparisons
HotForex vs	IG Group vs