HotForex vs XM

HotForex vs XM Comparison Table 2022
HotForex XM
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. XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
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 MT4/MT5 Broker 2021 - DayTrading.com
Global Forex Broker of the Year 2020 - Global Forex Awards
Best FX Broke Europe 2018 - World Finance
Best Forex Execution Broker 2017 - Share
Promotions

HotForex Offers $1 Million Prize Pool In Return On Free Margin Promotion

Bonus
None Free VPN Services
Instruments
Stocks, CFD, Forex, ETFs Forex CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs
Demo Account
Yes Yes
Minimum Deposit
$100 5 $/€/£
Payment Methods
M-Pesa, Mastercard, Neteller, Skrill, Trustly, UnionPay, Visa, Wire Transfer Cashu, Credit Card, Debit Card, Diners Club, M-Pesa, Perfect Money, QIWI, Sofort, Sticpay, UnionPay, WorldPay, Yandex Money
Minimum Trade
0.01 lots 0.01 Micro lots
Regulator
FCA, DFSA IFSC, DFSA, CySEC, ASIC
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No 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 Yes
P2P Trading
No No
Spot Trading
Yes Yes
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. Yes (EAs)
Trade Signals
Yes 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 USD, EUR, GBP, CAD, AUD, JPY, ZAR, CHF
CFD
HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.
Leverage
1:30 1:500
FTSE Spread
1.16 1.5 pts (var)
GBPUSD Spread
1.8 2.1 (var)
Oil Spread
0.05 0.05 (var)
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. XM.com deliver ultra low spreads across a huge range of Forex markets. Flexible lot sizes, and Micro and XM Zero accounts accommodate every level of trader.
GBPUSD Spread
1.8 2.1 pips (var)
EURUSD Spread
1.3 1.6 pips (var)
EURGBP Spread
1.5 2 pips (var)
Assets
50 55+
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