HotForex vs Exinity

HotForex or Exinity – which is better for UK traders 2024? Compare HotForex and Exinity in this detailed breakdown of their platforms, features and fees.

HotForex vs Exinity Comparison Table 2024
HotForex Exinity
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4
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3.4
HotForex is ranked #97 among CFD brokers. Exinity is ranked #94 among CFD brokers.
HotForex is now HF Markets. See our review of HF Markets for our latest findings and expert verdict.
HotForex, now HF Markets, is a hugely popular broker with millions clients and authorization from several trusted regulators, including the FCA and CySEC. Leveraged CFDs are available on popular asset classes alongside industry-leading software, flexible account types and an accessible minimum deposit.
Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.
Pros
  • Unlimited usage demo account
  • Easy to sign up with no starting deposit
  • Range of deposit and withdrawal methods
  • Transparent fee and commission structures
  • Hugely popular brand with millions of traders
  • Advanced mobile apps with full trading access
  • Market-leading insurance for up to €5,000,000
  • Virtual private server (VPS) integration support
  • Regulated by tier-one agencies including the FCA
  • Various account types plus Islamic and joint accounts
  • Comprehensive educational platform and trading tools
  • Live chat option with customer support available in 27 languages
  • Very wide range of forex pairs, with 150+ on offer
  • Excellent pricing with spreads starting from zero and just $2 per lot in commissions
  • Leverage up to 1:2000 for traders with an appetite for risk
  • No restrictions on trading strategies such as scalping
  • Supports MetaTrader 4 and MetaTrader 5 platforms
  • Hold positions swap-free for up to 7 days
  • 24-hour customer support
Cons
  • No cryptocurrency trading
  • No proprietary trading software
  • No cryptocurrency trading available
  • Does not accept traders from the US
  • No bonus schemes
Awards
  • Top 100 Companies - World Finance Magazine
  • Best Forex Broker Asia - Global Business Review Magazine 2021
  • Best Customer Service Experience - Global - World Business Outlook
  • Best Client Fund Security Global - International Business Magazine 2021
  • Most Transparent Broker - The European - Global Banking & Finance Review Awards
FCA Regulated
Yes Yes
Instruments
CFDs, Forex, Stocks, ETFs, Commodities Stocks, Stock CFDs, Forex, Commodities, Indices
Demo Account
Yes No
Minimum Deposit
$100 $20 (World), $100 (Trader), $10,000 (Trader Pro)
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, DFSA, FSCA, CySEC, FSC, CMA, JFSA FSRA, FCA, FSC, CMA
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
HotForex supports automated trading through access to MetaTrader 4 and MetaTrader 5, both of which have extensive expert advisor integration systems. Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Yes - MT4 / MT5 and Analyst Sentiment
VPS Hosting
No No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • PLN
  • USD
  • AED
Commodities
  • Silver
  • Oil
  • Gold
  • Silver
CFD
HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex. Leverage is in line with the relevant regulatory jurisdictions and spreads are tight with no hidden charges. Trade CFDs on forex, stocks, indices, energies and metals with fast execution and variable leverage. Spreads are tight and commission-free trading is available on some assets.
Leverage
1:30 1:2000
FTSE Spread
1.16 Variable
GBPUSD Spread<
1.8 1.9
Oil Spread
0.05 Variable
Stocks Spread
Variable Variable
Forex
HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts. This is a strong selection of currencies with advanced analysis software available to plan and execute trades. Exinity offers 150+ forex pairs to trade on a very competitive ECN pricing model, with spreads from zero and low commissions of $4 per round turn. Traders can access the powerful MT4 and MT5 platforms and trade with no restrictions on popular trading strategies.
Assets
50 150+
GBPUSD Spread
1.8 1.9
EURUSD Spread
1.3 1.3
EURGBP Spread
1.5 2.8
HotForex Exinity
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