MultiBank FX vs HotForex

MultiBank FX vs HotForex Comparison Table 2021
MultiBank FX HotForex
MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading. 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.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Awards
Best FX Service Provider 2020 - International Business Magazine
Best FX Customer Service 2020 - Forex Awards
Best Apac Region Broker 2020 - International Financial Awards
Best Forex & CFD Broker 2019 - Jordan Forex & Expo Awards
Financial Services Provider of the Year Asia 2019 - Global Brands Magazine
Best Forex Trading Platform Hong Kong 2018 - International Finance Magazine
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
20% deposit bonus None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Stocks, CFD, Forex
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Credit Card, Mastercard, Neteller, Perfect Money, Skrill, Swift, Visa, Wire Transfer Mastercard, Neteller, Skrill, Trustly, UnionPay, Visa, Wire Transfer
Minimum Trade
0.1 lots 0.01 lots
Regulator
ASIC, BaFin, FMA, CNMV, DFSA, FSC, CIMA FCA
Margin Trading
No Yes
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
STP Account
No No
ECN Account
Yes Yes
DMA Account
No Yes
Mobile Apps
Yes iOS & Android
Auto Trading
Yes (APIs) HotForex supports automated trading through access to MetaTrader 4 and MetaTrader 5, both of which have extensive expert advisor integration systems.
Trade Signals
Yes Yes
Social Trading
Yes No
Copy Trading
Yes No
Islamic Account
Yes Yes
Account Currencies
- USD, EUR, GBP
CFD
Trade contracts for difference across markets with up to 1:500 leverage. HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.
Leverage
1:500 1:30
FTSE Spread
Not offered 1.16
GBPUSD Spread
0.8 1.8
Oil Spread
0.03 0.05
Stocks Spread
Variable Variable
Forex
MultiBank FX offers investing in leading major, minor and exotic currency pairs. HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts.
GBPUSD Spread
0.8 1.8
EURUSD Spread
0.3 1.3
EURGBP Spread
0.8 1.5
Assets
45+ 50
Cryptocurrency
Trade a selection of the top cryptos against the US Dollar with 50% margin. Crypto trading not offered
Spread
Floating
Coins
BTC, LTC, ETH, XRP