HotForex vs easyMarkets: Which One is Better for You?


HotForex vs easyMarkets, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between HotForex vs easyMarkets, here is the direct comparison:

Feature
Go to HotForex

Go to easyMarkets

Rating

General Rating 3.81/5
4.33/5
Trustpilot 2.7/5

rated by 69 users

General Information

Office(s) Cyprus, Mauritius, Poland and United Arab Emirates Australia, Cyprus and Poland
Regulation CySEC 183/12
DFSA (Dubai), F004885
FCA (UK), 801701
FSA (Seychelles), 8419176-1
FSA (St. Vincent & the Grenadines), 22747
FSC (Mauritius), 094286
FSCA (South Africa), 46632
ASIC 246566
CySEC, 079/07
FSA (Seychelles), 19.09.2020
Established 2010 2001
Minimum Deposit $5 $100
Maximum Leverage 1:1000 1:400
Spread Variable Fixed
Commissions $8
Minimum Position 0.01 lot 0.01 lot
Payment Bitcoin, Credit/debit cards, Ethereum, FasaPay, Litecoin, Neteller, Perfect Money, Ripple, Skrill, WebMoney and Wire transfer BPAY, Credit/debit cards, FasaPay, giropay, iDEAL, Neteller, Skrill, SOFORT, UnionPay, WebMoney and Wire transfer
Official Website Visit HotForex Visit easyMarkets

Account Variations

Segregated Account
Islamic Account
PAMM Account
Managed Account
LAMM Account
MAM Account
Forex Demo Account

Trading Requirements

Hedging
US traders are welcome
Requires sending documents via postal mail
Overnight interest rates (swaps)
Trading by telephone

Trading Features

Trading contests
Automated trading
Interest rate on funds
Bonus offers
Free education
Personal manager
Affiliate program

Trading Platforms and Complements

Mobile trading
Browser-based platform
Trading via API
One-click trading
Trailing stop
Pending orders
One-Cancels-Other (OCO) orders

Instruments Traded

Forex
CFD
Indexes
Spread betting
Gold & silver
Cryptocurrencies
Stocks
Binary options
Oil
Metals
Energies
Futures
ETF
Soft commodities
Options
Agriculture
Bonds

Customer Support

Website Languages Arabic, Bulgarian, Chinese, English, French, German, Greek, Hindi, Hungarian, Italian, Japanese, Korean, Malay, Persian, Polish, Portuguese, Romanian, Russian, Slovak, Spanish, Tagalog, Thai, Urdu, Vi Arabic, Chinese, English, French, German, Polish, Russian, Spanish, Vietnamese
Email Support
Call Support
Chat Support

Reviews

General Review Read HotForex Review Read easyMarkets Review
User Reviews

Xavier A

Jul 22 2020

HotForex is great! Their service is good, the premium account spreads are better than other brokers, also their execution and server are stable from both web-trading and MT4. During 5 months of trading at HotForex, I have slipped a lot of times but it doesn't matter either, it can be an input for HotForex. Great!


Mariana

Jul 22 2020

Hotforex is great, not bad, though my trading is still on a demo account. I also like this broker because they've held some seminars in Indonesia. I joined them twice :)

Nice to see you, I'm from Indonesia.


Monica B

Jul 22 2020

As long as I trade on Hotforex broker, I found no problem. Their service is satisfying, highly recommended for beginners because the spread offered is interesting. Plus, the HotForex server is rarely down. Nice work!


Claudia

Jul 22 2020

Hi, I'm from Indonesia. HotForex provides deposit and withdrawal methods by Indonesian local banks, and it eases me a lot! Thank you!


Fechia Gaze

Jul 22 2020

HotForex is the best broker I've ever found! Their customer care is very nice, also their deposit and withdrawal process is quite good!


Laura Bay

Jul 22 2020

HotForex is getting more awesome day by day! They even invite one of the actors of GOT (Game of Thrones). I wish they can invite Sansa Stark one day *lol


No Need Name

Jul 22 2020

I've never got any merchandise from HotForex. I think it's because of my deposit number (FYI, I do only a little deposit). I choose HotForex just for comparing the market prices among other brokers I used (3 brokers).


S. Gabrielle

Jul 22 2020

I got merchandise from HotForex Loyalty Program. They give me a new shirt and hat xoxo. Thank you!


Keira Mason

Sep 8 2020

I have a few issues but on the other hand a great platform. What I really applaud is how quickly issues are resolved.


Charles Dawson

Sep 22 2020

Easymarkets trading apps really help me during this covid19 situation. I appreciate their assistance to answer all my questions as a newbie trader. All the best for us. Stay healthy and please use your mask!!!!!


A Khulaiban

Sep 21 2020

Easymarket is great for assisting all the way that you need them and immediately give feedback your complaints.
Although I didn't make any profit from this company is like the way they operate hope I will will grow with Easymarket.
Thank you easymarket team.


Bella Quincy

Sep 20 2020

Easymarkets really want you to lose all of your money. Using EA is difficult process. Stay away from this broker and you'll thank me.


Ron Morris

Sep 19 2020

I was not informed that I have to have a Skrill or Neteller account in order to make a withdrawal. It clearly stated on the apps that withdrawal will be credited back into my debit account.


Johnson Andrea

Sep 18 2020

I don't know if this is their dirty way to make money, but easy markets always want you to invest more money without allowing any of your withdrawals. TSudden change of terms and slow the pace of replies once you make withdrawal request.


Edward Keller

Sep 17 2020

EasyMarkets is………. Easy. Their layout is simple and I absolutely love their simplicity.


Malik A Cornwell

Sep 16 2020

EasyMarkets have a very good support from the team. Thank you for assisting me. Good job!!


Brace Graham

Sep 15 2020

I recommend this broker for their customers related matters, they don't give you a false hope.


Ruth S

Sep 14 2020

My name is Ruth, I have been trading with easy markets since long time ago. I have gotten alot of support and help whenever required by the easy markets team which has gone along way to help me in my trading experience. Keep the good work team!


Brandon Guillermo

Sep 13 2020

I'm happy with EasyMarkets. Now I'm trading with their MT4. I trade limit orders as well as spot orders.


Jacob Baryson

Sep 6 2020

Bye to this broker who only knows to take their new traders money. Limited leverage is completely nonsense.


Nanda S

Sep 5 2020

EasyMarkets is not the best but not the worst either. Their CS is very responsive. EA is accepted but you must ask to your agent first. The only thing upsetting is their big spreads. Scalping is a big no. Swing traders is a no too.


Junee Marishka

Sep 24 2020

I tried to trading again after a long time, but unfortunately, I don't remember my password and money transfer was missing, at last I got the help from easymarkets customer service. Their staff she is so nice to explain to me in details and helped me out all my problems.


Malika Nasution

Sep 5 2020

Day traders are a charge for holding over to the next day; spreads appear reasonable but when you see the cost it does not match the opening price; Their customer services are pleasant and helpful but they are just operatives with little discretion.


Kinsey R

Sep 3 2020

I have a lot of experiences with many different companies, but I have to say that Easy Markets has one of the fastest withdrawls and my account manager is very helpful and professional, I wish there were more companies like them. 5 stars for them.


Lin Mayun

Sep 23 2020

This is a big scam broker here in Hongkong. They always say that trade was "unauthorized activity" but actually they are market maker who fixes trade to not be in your favor. Choose another broker and go away from here.


John Kavanaugh

Sep 14 2020

The spreads of this broker are far too high- there are many other brokers to choose from that are offering much better choices.


Reid Coalter

Sep 9 2020

I had a problem with my password account. Their customer service who assisted me was quick to help me reset the password. This process did not take long at all. Thank you for your speedy response to your clients' problems.


Bryan Redner

Sep 3 2020

Please go away from easymarkets scam. They manipulated the price and never let you withdraw your money. Spread too high. I tried them but not find anything good.


Start Trading

Open Real Account Open HotForex Real Account Open easyMarkets Real Account




Which one has the better spread?

Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.

However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, HotForex provides their pricing with Variable while easyMarkets offers Fixed.



HotForex vs easyMarkets: Who hosts the best trading platform?

The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.

To support their clients, HotForex enables trading with MetaTrader 4 (Limited with 30 days), MetaTrader 5. The offer is supported with Mobile trading, One-click trading, Trailing stop, Pending orders. In comparison, easyMarkets provides trading with MetaTrader 4 with the support of Mobile trading, One-click trading, Trailing stop, Pending orders.



Is HotForex or easyMarkets better in providing the trading instruments?

It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.

In this case, HotForex supports trading with Forex, Gold & silver, CFD, Oil, Soft commodities, Cryptocurrencies, while easyMarkets presents the ability of trading with Forex, Gold & silver, CFD, Oil, Cryptocurrencies.

In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.

Looking for more references? Here are other comparisons related to HotForex and easyMarkets:

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