HotForex vs. LiteForex

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
LiteForex

83% of retail CFD accounts lose money

  • Pros
  • Receive 2.5% interest on surplus funds in your account.
  • Trade on Metatrader 4 on Metatrader 5.
  • All trading strategies are allowed (ECN account).
  • Free technical and fundamental analysis (Claws&Horns).
  • Social trading platform.
  • Cons
  • You cannot buy shares or cryptocurrency (only CFDs).
  • No CFDs on stocks, cryptocurrency, commodities or ETFs.
  • Awards
  • Best Forex Broker Africa, 2011
  • Best Client Service, 2011
  • Best Retail Forex Provider, 2010

Trading platforms

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

Account funding

Deposits and withdrawalsHotForex ▷LiteForex ▷
Bank transfer
Credit card
Debit card
AlipayNA
BitcoinNA
Bitcoin CashNA
Bitcoin GoldNA
bitwallet
CashUNA
China UnionPay
EthereumNA
FasaPayNA
LitecoinNA
MoneroNA
MoneyGramNA
MTS.ruNA
NETELLER
OKPAYNA
PayeerNA
Perfect MoneyNA
QIWI WalletNA
Skrill
WebMoney
Western UnionNA
Yandex.Money
Account base currenciesHotForex ▷LiteForex ▷
CHF - Swiss FrancNA
EUR - Euro
GBP - British PoundNA
PLN - Polish ZłotyNA
RUB - Russian RoubleNA
USD - U.S. Dollar

Regulators

Company informationHotForex ▷LiteForex ▷
Company nameHF Markets (SV) LtdLiteForex Investments Limited
Head officeSt. Vincent & the GrenadinesMarshall Islands
Incorporation date20102005
RegulatorsHotForex ▷LiteForex ▷
CySECCySEC 183/12CySec No 093/08
FranceACPR No. 74492NA
GermanyBaFin No. 132342NA
MauritiusNo. C110008214NA
South AfricaFSCA No. 46632NA
UKFCA No. 600473NA

LiteForex

83% of retail CFD accounts lose money