Saxo Bank vs HotForex

Saxo Bank vs HotForex Comparison Table 2022
Saxo Bank HotForex
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go 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.
United States Flag Traders from US not accepted
United States Flag Traders from US 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
Promotions

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

Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, CFD, Forex, ETFs
Demo Account
Yes Yes
Minimum Deposit
$10000 $100
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer M-Pesa, Mastercard, Neteller, Skrill, Trustly, UnionPay, Visa, Wire Transfer
Minimum Trade
Vary by asset 0.01 lots
Regulator
DFSA, MAS, FCA, SFC FCA, DFSA
Margin Trading
No Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
Yes 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
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) iOS & Android
Auto Trading
- 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
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF USD, EUR, GBP
CFD
HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.
Leverage
1:30 1:30
FTSE Spread
1.2 pts (Variable) 1.16
GBPUSD Spread
0.7 (var) 1.8
Oil Spread
0.03 0.05
Stocks Spread
0.10% (subject to min commission) Variable
Forex
HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts.
GBPUSD Spread
0.7 (varies by region) 1.8
EURUSD Spread
0.2 (varies by region) 1.3
EURGBP Spread
0.6 (varies by region) 1.5
Assets
40+ 50
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