Trying to figure out what is the best between XM and HotForex?

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Company’s information

XMHOTFOREX
xm broker no esmahotforex lowest spread broker
Founded in20092010
Regulatedyesyes
Publicly Tradednono
Is a banknono
EU Clientsyesyes
NO ESMA Availableyesyes
US Clientsnono
Canada Clientsnono
Website Languagesen (au) - en - mal - chi(t/s) - gre - hu - ru - ind - fr - it - de - pol - ar - es - ko - po - hi - viet - thai - tag - cz - bengen - chi(t/s) - thai - ind - beng - po - ru - ar - jp - it - fr - es - de - mal - tag - viet - ko - farsi - tur
XM ReviewHotForex Review

Regulations and Licenses

XMHOTFOREX
TIER 1
ASICyesno
IIROCnono
SFCnono
FSAnono
MASnono
FINMAnono
FCAyesno
CFTCnono
MIFID-ESMAyesyes
TIER 2
CBRCnono
CYSECyesyes
ISAnono
FMAnono
CBRnono
FSBnono
SECnono
DFSAnono
TIER 3
FSC (British)nono
FSC (Mauritius)noyes
OFFSHOREnoyes
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Spread and Fees

XMHOTFOREX
EUR/USD Average Spread (Variable)0.10.3
USD/JPY Average Spread (Variable)0.10.3
GBP/USD Average Spread (Variable)0.30.5
USD/CHF Average Spread (Variable)0.40.8
EUR/USD Spread (Fixed)nono
USD/JPY Spread (Fixed)nono
GBP/USD Spread (Fixed)nono
USD/CHF Spread (Fixed)nono
Active Trader Program?nono
Fees
Depositnono
Withdrawnono
Overnight - Swapyesyes
Inactivityyesno
Conversionnono
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Deposit and Withdrawal

XMHOTFOREX
Minimum Deposit$5$50
Minimum Withdraw$5$5
Credit Cardnoyes
Bank Transferyesyes
PayPalnono
Netelleryesyes
Skrillyesno
Other Methods AvailablenoDebit card, Bitpay, bitcoincash, fasapay, webmoney
Deposit Waiting Timeinstantup to 10 minutes
Withdraw Waiting Time1 business day2 business days
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Account Types

XMHOTFOREX
Demo Accountyesyes
Demo Expires? Yes or Nono (inactivity 30 days)no (inactivity 30 days)
Mini Accountyesyes
Micro Accountyesyes
Fixed Spread Accountnoyes
Variable Spread Accountyesyes
Zero Spread Accountyesyes
ECN Accountnono
Islamic Accountyesyes
Professional Traders Account - VIPnoyes
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Markets and Instruments

XMHOTFOREX
Forex Spotyesyes
Forex CFDyesno
Total Number Forex Pairs5751
Crypto (real)nono
Crypto CFDyesyes
Total Number of Crypto58
Commodities (real)nono
Commodities CFDyesyes
Total Number of Commodities159
Stocks (real)nono
Stocks CFDyesyes
Total Number of Stocks16056
Indices (real)nono
Indices CFDyesyes
Total Number of Indices3022
ETFyesno
Futuresnoyes
Optionsnono
Bondsnoyes
Interestes Ratesnono
IPOyesno
Blendsnono
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Leverage – Execution – Platforms – Tools

XMHOTFOREX
PLATFORMS
Proprietary Desktop Platformnono
Proprietary Web Platformnono
MT4 Dekstopyesyes
MT4 Webyesyes
MT5 Desktopyesno
MT5 Webyesno
cTrader desktopnono
cTrader webnono
MAC Platformsyesno
Mirror Tradernono
ZuluTradenono
Sirixnono
TRADING EXECUTIONS
Direct Market Access (DMA)noyes
Straigh Through Processing (STP)noyes
Electronic Communication Network (ECN)noyes
Market Makeryesyes
Non Dealing Desk (NDD)noyes
LEVERAGE
EU clients30:130:1
NON-EU clients500:11000:1
USnono
Canadanono
Australia500:11000:1
TRADING TECHNIQUES
Scalpingyesyes
Hedgingyesyes
Spread Bettingnono
Expert Advisor (EA)yesyes
Virtual Private Serveryesyes
SPECIAL TRADING CONDITIONS
MAMnono
PAMMnono
Social Tradingyesyes
Copy Tradingyesyes
TRADING TOOLS
One-Click Tradingyesyes
Signal Tradingyesyes
Price Alertsyesyes
Number Chart Indicators5151
Number Chart Drawing Tools3131
Trade directly from Chartyesyes
Watchlistyesyes
RISK MANAGEMENT
Stop Lossesyesyes
Take Profitsyesyes
Limit Ordersyesyes
Trailing Stopyesyes
Margin Callyesyes
MOBILE TRADING
Androidyesyes
iOSyesyes
Windowsyesno
Trading signals on Mobilenono
Smart Watch Appnono
Forexyesyes
CFDyesyes
Alertsyesyes
Chartings-Drawing Toolsyesyes
Watchlistyesyes
Mobile Available Languagear - chi - en - fr - de - gre - hi - hu -ind - it - jp - ko -mal -pol - po - ru - es - swe - thai - turar - chi - en - fr -de - gre - ind - it -jp - mal - pol - po - ru - es - thai - beng
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Customer Support – Education – Research

XMHOTFOREX
CUSTOMER SUPPORT
email supportyesyes
Phone Supportyesyes
Live Chatyesyes
Support Language Availableen (au) - en - mal - chi(t/s) - gre - hu - ru - ind - fr - it - de - pol - ar - es - ko - po - hi - viet - thai - tag - cz - bengen
EDUCATION
Education Centeryesyes
Webinarsyesyes
Platform Tutorial Videoyesyes
Video on Trading for Beginnersnoyes
Video on Trading for Expertsnoyes
Tutorial Guideyesno
Glossarynono
RESEARCH
News via Twitteryesyes
News via FaceBookyesyes
Daily Market Commentaryyesyes
Daily email with Trading Ideasyesyes
Professional Reportsyesyes
Analysis from Trading Central (Recognia)nono
Analysis from Delkos Researchnono
AutoChartistnoyes
Social Trading Features - Social Feedsyesyes
Traders Sentimentnono
Economic Calendaryesyes
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Brand Power

XMHOTFOREX
WEBSITE TRAFFIC
SimilarWeb - Website ranking5.35578.414
SimilarWeb - Total Visits12.990.000571.140
Facebook974.3121.707
Twitter30.30024.900
Instagramno44.700
AWARDS WONXMHOTFOREX
Best FX Broker for Australasia 2019 - World Finance Magazine, World Finance Forex AwardsBest Client Funds Security Global - Global Brands Magazine
Best Broker 2019 - FinTech Age AwardsTop 100 Companies - World Finance Magazine
Best Market Research & Education - Capital Finance International Magazine (CFI.co)Fastest Growing Forex Broker MENA 2019 - International Business Magazine
Best FX Broker for Europe 2019 - World Finance Magazine, World Finance Forex AwardsBest Forex Broker Latin America 2018 - International Business Magazine
+21 awards+21 awards
TRUSTPILOT UKhttps://www.trustpilot.com/review/xm.comhttps://www.trustpilot.com/review/hotforex.com
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