HotForex vs. OctaFX

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
OctaFX

  • Pros
  • Trade on MetaTrader 4, MetaTrader 5 or cTrader.
  • No fees on deposits or withdrawals.
  • Negative balance protection.
  • Copy trading platform.
  • Cons
  • You cannot buy shares or cryptocurrency (only CFDs).
  • No CFDs on commodities, stocks or ETFs.
  • Account base currencies: USD, EUR.
  • Awards
  • Best CFD Broker Asia Pacific, 2020 - CFI.co
  • Best ECN Broker, 2020 - World Finance
  • Best Forex Broker Asia 2020 - World Finance

Trading platforms

Trading platformsHotForex ▷OctaFX ▷
MetaTrader 4
MetaTrader 5
cTraderNA
Currenex
Copy trading
Mirror trading
Operating systemsHotForex ▷OctaFX ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsHotForex ▷OctaFX ▷
Bank transfer
Credit card
Debit card
BitcoinNA
bitwalletNA
China UnionPayNA
FasaPayNA
NETELLER
Skrill
WebMoneyNA
Yandex.MoneyNA
Account base currenciesHotForex ▷OctaFX ▷
EUR - Euro
USD - U.S. Dollar

Regulators

Company informationHotForex ▷OctaFX ▷
Company nameHF Markets (SV) LtdNA
Head officeSt. Vincent & the GrenadinesSt. Vincent and the Grenadines
Incorporation date2010NA
RegulatorsHotForex ▷OctaFX ▷
CySECCySEC 183/12No. 372/18
FranceACPR No. 74492NA
GermanyBaFin No. 132342NA
MauritiusNo. C110008214NA
South AfricaFSCA No. 46632NA
Saint Vincent and the GrenadinesNAIBC No. 19776
UKFCA No. 600473NA