HotForex vs TradeStation
| HotForex | TradeStation |
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4
HotForex is now HF Markets. See our review of HF Markets for our latest findings and expert verdict.
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3.5
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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. |
TradeStation is a popular, SEC-regulated broker offering stock, CFD and futures trading through powerful proprietary trading platforms. Available assets vary by region, with CFD trading available on the global branch. The US-based broker has different pricing methods split to cater for active day traders, or longer term stock holders. |
| 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." | "TradeStation is a secure, tried-and-tested broker for stock traders who want a powerful, flexible platform. The $500 minimum deposit makes this broker a better fit for experienced traders." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Forex, Stocks, ETFs, Commodities | CFDs, Forex, Stocks, Futures, Commodities |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $500 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | Min lot size will vary |
| Regulator | |
| FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA | SEC |
| Margin Trading | |
| Yes | No |
| 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 | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| iOS & Android | iOS, Android and Windows |
| 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 | 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 | |
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| 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 CFDs on popular asset classes, including forex and stocks. FX CFD commissions are competitive at 0.6 basis points while for shares it's a minimum of $3 per order. |
| Leverage | |
| 1:30 | 1:20 |
| FTSE Spread | |
| 1.16 | N/A |
| GBPUSD Spread | |
| 1.8 | N/A |
| Oil Spread | |
| 0.05 | 0.06 pips |
| 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. This is a strong selection of currencies with advanced analysis software available to plan and execute trades. | Speculate on 26 currencies including majors. Top-tier liquidity is available from 17 of the biggest forex dealing banks, alongside dynamic order management and low commissions. |
| GBPUSD Spread | |
| 1.8 | Variable |
| EURUSD Spread | |
| 1.3 | Variable |
| EURGBP Spread | |
| 1.5 | Variable |
| Assets | |
| 50 | 26 |
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| More Comparisons | |
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HotForex vs |
TradeStation vs |