RoboForex vs HotForex

RoboForex vs HotForex Comparison Table 2023
RoboForex HotForex
4.5
Not Yet Rated

HotForex is #12 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

RoboForex is a global broker launched in 2009. The firm offers more than 12,000 instruments spanning 9 asset classes with trades from 0.01 lots and spreads from 0 pips. The broker's advanced copy trading tool is also home to thousands of active traders.

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.

Bonus Offer
$30 welcome deposit bonus
Promotions

RoboForex Is Topping Up Accounts By Up To 10%

Comment by Reviewer
"RoboForex is a good pick for traders looking for a wide range of markets with welcome bonuses and loyalty promotions."
Pros
  • Commission-free trading on US stocks
  • Choice of leading platforms, including MT4 and MT5
  • ECN and Prime accounts for active traders with low fees
  • Automated trading permitted with user-friendly robot builders
  • Accessible payment methods including PayPal
  • VPS server for 24/7 uninterrupted trading
  • Respected brand regulated by the CySEC
  • Two free withdrawals each month
  • Low deposit for newer traders
Cons
  • Instruments and fees vary between platforms
  • Demo account expires after 90 days
  • Average range of currencies
Awards
  • Best Global Mobile Trading App 2020 - Global Forex Awards B2B
  • Best Broker of the CIS 2019 - IAFT Awards
  • Best Investment Platform 2019 - IAFT Awards
  • Best Educational Forex-Center CIS 2019 - IAFT Awards
  • Best Stock Broker Asia 2019 - International Business Magazine Awards
  • Best Investment Products 2019 - Global Brands 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
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, cryptoindices, ETFs Stocks, CFD, Forex, ETFs, Volatility Index
Demo Account
Yes Yes
Minimum Deposit
$10 $100
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
IFSC FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes No
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
Yes No
PAMM Account
No No
LAMM Account
Yes 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 Yes
Mobile Apps
Yes 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
Social Trading
Yes No
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
Yes 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
  • USD
  • EUR
  • GBP
  • PLN
Stock Exchanges
Commodities
CFD Trading
Trade a huge selection of CFDs with more than 12,000 assets and very high leverage up to 1:2000. Micro lot trading is also available with access to interbank liquidity providers for low fees. HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.
Leverage
1:2000 1:30
FTSE Spread
N/A 1.16
GBPUSD Spread
2 1.8
Oil Spread
5.2 0.05
Stocks Spread
From 0.1 Variable
Forex Trading
Trade over 40 currency pairs with tight spreads from 0 pips. Forex traders have a choice of leading platforms including MT4, MT5 and an in-house web trader. The CopyFX system also lets you mirror experienced currency traders with a $100 minimum investment. HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts.
GBPUSD Spread
2 1.8
EURUSD Spread
1.4 1.3
EURGBP Spread
1.6 1.5
Assets
40+ 50
Cryptocurrency
Trade over 30 leading cryptos against the USD and EUR. Digital currencies are available on the user-friendly R StockTrader platform. New users can start trading cryptos in three easy steps. Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • ETH
  • XRP
  • LTC
  • DSH
  • BCH
  • EOC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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