XM vs. Hotforex – Which is better ?

Here is detailed comparison of all aspects between two very famous brokers XM vs Hotforex.

Which one do you think is better ?

XM vs. Hotforex detailed comparison

Broker's Score9.5 / 109 / 10
Minimum deposit amount$5$50
RegulationASIC Australia License 443670
Cysec Cyprus 120/10
IFSC Belize (IFSC/60/354/TS/19)
FCA UK License 801701
Cysec Cyprus 183/12
Dubai DFSA F004885
Seychelles FSA SD015
South Africa FSCA 46632
BONUS for tradersyes $30 FREE NO DEPOSIT BONUS

+ 50% up to 500$ bonus
+ 20% up to 4500$ bonus

**Not for EU clients.
100% Supercharge Bonus

**Not for EU clients.
Islamic accountYes SWAP free islamic accountYes SWAP free islamic account
VPS freeYes for accounts with deposit over $5kNO
CopytradingNoYES (HFCopy)
Max. leverageup to 1:500 for World
1:30 for EU clients
up to 1:500 for World
up to 1:1000 for South Africa
1:30 for EU clients
1:50 for Dubai UAE residents
Number of currencies available5647
SpreadsVariable SpreadsVariable Spreads
Average SpreadsEUR/USD 0,1 Pips
USD/JPY 0,1 Pips
EUR/JPY 0,6 Pips
GPB/USD 0,4 Pips
0.1 Pips Average
Minimum Lot Size0.010.01
Withdrawal fees & Deposit feesNoneNone
Trading PlatformsMT4; MT5; Android/iPhone, WebtraderMT4; MT5; Android/iPhone, Webtrader
Trading ContestsYesNo
Negative Balance ProtectionYes for all brandsYes
Customer Support LanguagesArabic, Bengali, Chinese Simplified, Chinese Traditional, Czech, Dutch, English, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Persian / Farsi, Polish, Portuguese, Russian, Spanish, Swedish, Tagalog, Thai, Turkish, VietnameseArabic, Dutch, English, French, German, Indonesian, Italian, Japanese, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese
Read the review of XM.COM hereRead the review of HotForex here