HYCM vs HotForex

HYCM vs HotForex Comparison Table 2022
HYCM HotForex
WINNER
HotForex is the better broker
3.8
United States Flag Traders from US not accepted
Not Yet Rated
United States Flag Traders from US accepted
Trade on the financial markets with low cost, leveraged products at HYCM. 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.
Awards
  • Best Forex Broker 2021-2022 - Spain, Middle East, Asia, Germany
  • Best Trading Platform App 2021 - Forex Expo
  • Best Mobile Trading App 2020 - World of Finance Forex Award
  • 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
Promotions

HYCM Offers A 10% Deposit Bonus For New Traders

Bonus
10% deposit bonus up to $5,000
Instruments
Forex, CFDs, Commodities, Shares, Indices, ETFs Stocks, CFD, Forex, ETFs, Volatility Index
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
FCA, DFSA, CIMA, CySEC FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA
Margin Trading
Yes Yes
Margin Rate
Variable upon regulation and jurisdiction
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
Yes No
STP Account
No No
ECN Account
No Yes
DMA Account
No 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
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
Yes iOS & Android
Auto Trading
Yes (EAs) HotForex supports automated trading through access to MetaTrader 4 and MetaTrader 5, both of which have extensive expert advisor integration systems.
Copy Trading
Yes No
Copy Trading Platform
Copy the positions of experienced and profitable traders at HYCM with straightforward risk management tools.
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • RUB
  • AED
  • USD
  • EUR
  • GBP
  • PLN
Stock Exchanges
Commodities
CFD Trading
Trade on a range of leveraged CFD products at HYCM. HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.
Leverage
1:30 EU, 1:500 Global 1:30
FTSE Spread
Not offered 1.16
GBPUSD Spread<
From 0.1 + $4 per round 1.8
Oil Spread
From 2 pips 0.05
Stocks Spread
Variable Variable
Forex Trading
Trade on the FX market with flexible leverage and dynamic market spreads. HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts.
GBPUSD Spread
From 0.4 + $4 per round 1.8
EURUSD Spread
From 0.1 + $4 per round 1.3
EURGBP Spread
From 0.4 + $4 per round 1.5
Assets
40+ 50
Cryptocurrency
Trade the BTC/USD with 1:5 leverage Crypto trading not offered
Spread
Variable
Coins
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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