Best HotForex Alternatives

filippo ucchino Filippo Ucchino calendar Last Updated: May 2022 timer 5 min read

At InvestinGoal, we adhere to strict standards to ensure an unbiased review process. We conduct our reviews by examining each broker’s offering and performance across 4 key categories. A final rating is produced for each forex broker based on a total of 187 data points. Learn more about our review process and methodology.

In this post we have grouped the best alternatives to HotForex.

The research contains:

  • brokers similar to Hotforex
  • brokers that offer services you can’t find with HotForex.
Table of contents

Round-up

The best HotForex alternatives are:

  1. eToro
  2. Pepperstone
  3. Admirals
  4. IC Markets
  5. IG Markets
  6. XTB
  7. FxPro

Top 7 best HotForex alternatives: list 2022

Visit Broker
68% of retail investor accounts lose money
Platforms: Proprietary Web Platform
Regulations: FCA, CFTC, MIFID-ESMA, ASIC, CYSEC
Minimum Deposit: 200
Visit Broker
74-89% of retail investor accounts lose money when trading CFDs
Platforms: cTrader desktop, cTrader web, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
Regulations: FCA, MIFID-ESMA, ASIC, DFSA, CYSEC
Minimum Deposit: 0
Visit Broker
76% of retail investor accounts lose money
Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MAC Platforms
Regulations: FCA, MIFID-ESMA, ASIC, IIROC, CYSEC
Minimum Deposit: 100
Visit Broker
74-89% of retail CFD accounts lose money
Platforms: cTrader desktop, cTrader web, Mirror Trader, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web
Regulations: ASIC, CYSEC
Minimum Deposit: 100
Visit Broker
76% of retail CFD accounts lose money
Platforms: Proprietary Web Platform, MAC Platforms
Regulations: FSA, MAS, FINMA, FCA, CFTC, MIFID-ESMA, ASIC, FMA, FSCA, DFSA
Minimum Deposit: 300
Visit Broker
79% of retail investor accounts lose money
Platforms: Mirror Trader, Proprietary Desktop Platform, Proprietary Web Platform, MAC Platforms
Regulations: FCA, MIFID-ESMA, FSCA, CYSEC
Minimum Deposit: 0
Visit Broker
72.87% of retail investor accounts lose money
Platforms: cTrader desktop, cTrader web, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
Regulations: FCA, MIFID-ESMA, FSCA, CYSEC
Minimum Deposit: 100

Discover more brokers similar to HotForex

HotForex is a broker known for offering different types of service:

What HotForex doesn’t provide to its traders


74-89% of retail CFD accounts lose money

About the Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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