HotForex vs Scope Markets

HotForex vs Scope Markets Comparison Table 2022
HotForex Scope Markets
United States Flag Traders from US accepted
United States Flag 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. Scope Markets offers day trading and investing in over 250 spot & CFD instruments. The firm is regulated and boasts competitive trading conditions, several account types and a range of payment methods.
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, Futures, CFD, Forex, ETFs
Demo Account
Yes No
Minimum Deposit
$100 $500
Payment Methods
M-Pesa, Mastercard, Neteller, Skrill, Sticpay, Trustly, UnionPay, Visa, Wire Transfer Credit Card, Debit Card, M-Pesa, Mastercard, Neteller, Skrill, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA CMA, CySEC, FSCA
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No -
eSignal
No -
Trading Central
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 Yes
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 -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes Yes
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 Trading Australian Securities Exchange, CAC 40 Index France, DAX GER 40 Index, Deutsche Boerse, Euronext, FTSE UK Index, Hong Kong Stock Exchange, Japan Exchange Group, Nasdaq, SIX Swiss Exchange Trading
CFD
HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex. Scope Markets clients can trade up to 63 CFD instruments, covering forex, precious metals, energies, indices and global shares.
Leverage
1:30 1:30 Retail, 1:100 Professional
FTSE Spread
1.16 0.4
GBPUSD Spread
1.8 1.0
Oil Spread
0.05 0.2
Stocks Spread
Variable Variable
Forex
HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts. Scope Markets offers MT5 trading for a range of major, minor and exotic currency pairs with leverage rates as high as 1:30 for retail clients and 1:100 for professional traders.
GBPUSD Spread
1.8 1.0
EURUSD Spread
1.3 1.0
EURGBP Spread
1.5 1.0
Assets
50 44
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