eToro vs. HotForex

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

Pros and Cons

eToro

67% of retail CFD accounts lose money

  • Pros
  • Buy shares or cryptocurrency coins directly.
  • Trade CFDs on all asset classes (except bonds).
  • World's largest social network for investors.
  • Easily copy other investors’ trades.
  • Cons
  • No support for MetaTrader 4 or 5.
  • USD is the only account base currency.
  • Awards
  • Best Trading Platform, 2013 - Star Awards
  • Best Social Trading Network, 2012 - World Finance
  • Best Social Trading Platform, 2011 - GBFR
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

Trading platforms

Trading platformseToro ▷HotForex ▷
MetaTrader 4NA
MetaTrader 5NA
CurrenexNA
Copy trading
Mirror tradingNA
Other platformseToroNA
Operating systemseToro ▷HotForex ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalseToro ▷HotForex ▷
Bank transfer
Credit card
Debit cardNA
bitwalletNA
China UnionPay
FasaPayNA
Klarna / SofortNA
NETELLER
PayPalNA
RevolutNA
Skrill
WebMoney
Yandex.Money
Account base currencieseToro ▷HotForex ▷
EUR - EuroNA
USD - U.S. Dollar

Regulators

Company informationeToro ▷HotForex ▷
Company nameeToro (Europe) Ltd.HF Markets (SV) Ltd
Head officeLimassol, CyprusSt. Vincent & the Grenadines
Incorporation date20072010
RegulatorseToro ▷HotForex ▷
AustraliaASIC No. 491139NA
CySECCySEC 109/10CySEC 183/12
FranceNAACPR No. 74492
GermanyNABaFin No. 132342
MauritiusNANo. C110008214
South AfricaNAFSCA No. 46632
UKFCA No. 583263FCA No. 600473

eToro

67% of retail CFD accounts lose money