Pepperstone vs HotForex

Pepperstone vs HotForex Comparison Table 2023
Pepperstone	HotForex
Review 4.8	Review Not Yet Rated HotForex is #12 in our CFD broker rankings.
Traders from US not accepted	Traders from US accepted
Pepperstone offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5, cTrader and TradingView platforms.	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.
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
Pros
World-renowned broker with licenses in 7 jurisdictions, including the UK (FCA) and Cyprus (CySEC) Active Trader Program for high-volume traders with discounts on forex, indices and commodities (eligible jurisdictions only) Excellent suite of automated trading tools including Capitalise.ai, Smart Trader and API trading In-depth and frequent webinars covering charting strategies and trading tips Competitive Razor account with tight spreads averaging 0.12 pips for EUR/USD Award-winning customer support via telephone, email or live chat
Cons
Cryptos only available for professional clients in some jurisdictions Limited payment methods for UK clients Traders from the US not accepted
Awards
Best Overall Broker 2023 - DayTrading.com Best Trading App - DayTrading.com 2022 Best Forex Broker - DayTrading.com 2021 #1 Overall Client Satisfaction - UK Investment Trends 2022 #1 Value for Money - UK Investment Trends 2022 #1 Quality of Trade Execution - UK Investment Trends 2022 #1 Ease of Platform Navigation - UK Investment Trends 2022 #1 Charting - UK Investment Trends 2022 Best Forex Broker Overall - Compareforexbrokers.com 2022 Best MT4 Broker - Good Money Guide Best MT4 Broker 2022 Top 5 MetaTrader brokers - Broker Chooser Top 5 MetaTrader brokers 2022	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
Switch To Pepperstone For A $5000 Cash Bonus & 10% Spread Rebate
Instruments
CFD, Forex, Indices, Currency Indices, ETFs, Shares, Commodities, Spread Betting, Crypto (not Africa and only Pro clients in UK)	Stocks, CFD, Forex, ETFs, Volatility Index
Demo Account
Yes	Yes
Minimum Deposit
$500 recommended	$100
Payment Methods
Apple Pay Credit Card Debit Card Mastercard PayPal Visa Wire Transfer	M-Pesa Mastercard Neteller PayRedeem Skrill Sticpay Trustly UnionPay Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 lots
Regulator
FCA, ASIC, DFSA, CMA, BaFin, CySEC, SCB	FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
Yes	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
Yes	No
eSignal
No	No
Trading Central
No	No
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
Yes	Yes
MAM Account
Yes	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS, Android and Windows	iOS & Android
Auto Trading
Yes	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
Pepperstone offers an impressive range of third-party platforms, including DupliTrade, a tool that allows investors to automatically replicate the trading activity of experts
Social Trading
Yes	No
Trade Signals
Yes (Via Chartist Software)	Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD JPY CHF	USD EUR GBP PLN
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Korean Stock Exchange London Stock Exchange Nasdaq New York Stock Exchange S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Toronto Stock Exchange Taiwan Stock Exchange	Australian Securities Exchange Deutsche Boerse Euronext Japan Exchange Group New York Stock Exchange SIX Swiss Exchange
Commodities
Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Natural Gas Oil Orange Juice Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat	Silver
CFD Trading
Trade CFDs across a wide range of assets with up to 1:500 leverage for professionals and 1:30 for retail clients	HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.
Leverage
1:500	1:30
FTSE Spread
1.0 pts	1.16
GBPUSD Spread
0 pips (Via Razor)	1.8
Oil Spread
2.0 pips	0.05
Stocks Spread
From 0.0 pts for US shares	Variable
Forex Trading
Pepperstone offers spreads from 0.0 pips on the Razor account and has 60+ pairs available to trade. Lots start at 0.01.	HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts.
Forex App
Pepperstone deliver their MetaTrader 4 and MetaTrader 5 platforms across both Android and iOS. With faster processing times, the ability to hedge your positions, advanced pending orders and more tools and indicators to take your trading to the next level – the Pepperstone mobile app is a powerful addition.
GBPUSD Spread
0 pips (Via Razor)	1.8
EURUSD Spread
0 pips (Via Razor)	1.3
EURGBP Spread
0 pips (Via Razor)	1.5
Assets
60+	50
Currency Indices
USD EUR JPY
Cryptocurrency
Pepperstone offers a long list of popular cryptocurrencies	Crypto trading not offered
Spread
BTC 30, ETH 0
Coins
BCH BTC ETH LTC DASH ADA LINK DOGE EOS DOT XRP XLM XTZ UNI BNB
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
More Comparisons
Pepperstone vs	HotForex vs