HotForex vs. AvaTrade

Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.

Pros and Cons

HotForex

  • Pros
  • Trade CFDs on all asset classes, including ETFs.
  • Trade through MetaTrader 4 or 5.
  • Get Direct Market Access.
  • Low 20% stop-out level.
  • PAMM accounts are available.
  • Cons
  • You cannot buy shares or cryptocurrency (only CFDs).
  • Monthly inactivity fee after 6 months.
  • Awards
  • Best Forex Trading Conditions, 2020 - IBM
  • Best Client Security, 2020 - Global Brands
  • Best Copy Trading Platform, 2019 - Forex Awards
AvaTrade

79% of retail CFD accounts lose money

  • Pros
  • Trade CFDs on all asset classes.
  • Trade through MetaTrader 4 or 5.
  • Automated trading platforms (MQL5, Zulutrade and DupliTrade).
  • Negative balance protection, whichever entity you open an account with.
  • Regulated in Europe, Australia, South Africa, the U.A.E. and elsewhere.
  • Cons
  • You cannot buy stocks or cryptocurrency (only CFDs).
  • Quarterly and annual inactivity fees.
  • 50% margin call and stop-out levels.
  • Awards
  • No. 1 Broker, 2020 - The European
  • Best Forex Broker, 2020 - The European
  • Best Forex Broker, 2019 - Daytrading.com

Trading platforms

Trading platformsHotForex ▷AvaTrade ▷
MetaTrader 4
MetaTrader 5
CurrenexNA
Copy trading
Mirror tradingNA
Operating systemsHotForex ▷AvaTrade ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsHotForex ▷AvaTrade ▷
Bank transfer
Credit card
Debit card
bitwalletNA
China UnionPayNA
FasaPayNA
NETELLER
Perfect MoneyNA
POLiNA
Skrill
WebMoney
Yandex.MoneyNA
Account base currenciesHotForex ▷AvaTrade ▷
AUD - Australian DollarNA
EUR - Euro
GBP - British PoundNA
USD - U.S. Dollar

Regulators

Company informationHotForex ▷AvaTrade ▷
Company nameHF Markets (SV) LtdAVA Trade EU Ltd
Head officeSt. Vincent & the GrenadinesDublin, Ireland
Incorporation date20102006
RegulatorsHotForex ▷AvaTrade ▷
AustraliaNAASIC No. 406684
BVINACategory 1 - Sub Cat. B
CySECCySEC 183/12NA
FranceACPR No. 74492NA
GermanyBaFin No. 132342NA
IrelandNACBI No. C53877
JapanNAFFAJ No.1574
MauritiusNo. C110008214NA
South AfricaFSCA No. 46632FSCA No. 45984
UAENAADGM No. 190018
UKFCA No. 600473NA

AvaTrade

79% of retail CFD accounts lose money