HotForex vs RoboForex: Which One is Better for You?

HotForex vs RoboForex, 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 RoboForex, here is the direct comparison:

Go to HotForex

Go to RoboForex


General Rating 3.81/5
Trustpilot 2.7/5

rated by 69 users

rated by 74 users

General Information

Office(s) Cyprus, Mauritius, Poland and United Arab Emirates Belize, China, Czech Republic, Egypt, Hong Kong, Indonesia, Latvia, Lithuania, Malaysia, Moldova (Republic of), New Zealand, Romania, Russian Federation, Taiwan, Thailand and United Kingdom
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
IFSC (Belize) 000138/107
Established 2010 2009
Minimum Deposit $5 $10
Maximum Leverage 1:1000 1:2000
Spread Variable Variable
Commissions $8 $2
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 Boleto Bancário, CashU, Credit/debit cards, ecoPayz, giropay, iDEAL, Liqpay, Neteller, Perfect Money, Skrill, SOFORT and UnionPay
Official Website Visit HotForex Visit RoboForex

Account Variations

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

Trading Requirements

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

Spread betting
Gold & silver
Binary options
Soft commodities

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, English, German, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Spanish, Thai, Ukrainian
Email Support
Call Support
Chat Support


General Review Read HotForex Review Read RoboForex 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!


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!


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!

Roy94 Davidson

Sep 2 2020

Spreads can change when your profits have accumulated. This broker is unbelievable I tell you. When I just opened an account their spreads from WTI were only 5-6 pips. But when my balance gained 100% profit, the spread changed permanently to 11-12 pips.


Aug 15 2020

This broker freezes my chart a lot, especially when my positions are about to hit the profit targets. When requested for a callback, they never respond to me, and that is the last straw for me

Rudy Malkins

Aug 11 2020

Although having good execution, sometimes there are brief network outages and it can alter the previous p/l...

Maybe it's because they need to compensate for the bonus deposits they'd have given...

Recently, roboforex isn't that solid and consistent anymore...

There's a feeling that your trades are being manipulated in the background... It's better to keep one's eyes off of them


Jul 22 2020

I love most to Roboforex's demo account. They offer ECN to fixed spread demo account. This can be useful for novices like me as well!

Hailey Puery

Jul 22 2020

I keep looking for forex brokers for almost two years. Finally I found Roboforex and decided to trade on them. Their website display is simple, plus the deposit and withdrawal process is very fast!


Jul 22 2020

I've been trading for 4years at Robo and had no problems. Their best services are:

- fast withdrawal process

- well regulated

- RoboForex is much better than other brokers

I strongly suggest you to join this broker. Everything feels good!

C. Carson

Jul 22 2020

My first trading experience at RoboFX was joining their trading contest for demo account. Surprisingly, I won KingSize MT4 contest three times! Their withdrawal process is also quite good and fast. I do a withdrawal for USD10 by Fasapay, and it's sent to my bank account within 21 seconds only! What a great broker!

Start Trading

Open Real Account Open HotForex Real Account Open RoboForex 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 RoboForex offers Variable.

HotForex vs RoboForex: 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, RoboForex provides trading with MetaTrader 4, MetaTrader 5, cTrader, R Trader with the support of Mobile trading, Browser-based platform, Trading via API, One-click trading, Trailing stop, Pending orders.

Is HotForex or RoboForex 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 RoboForex presents the ability of trading with Forex, Gold & silver, CFD, Metals, Stocks, ETF.

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.

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