hotforex Alternatives: How It Compares 2025 Update
This alternatives to hotforex guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to hotforex to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to hotforex like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their clients. If you feel that hotforex is not quite right for you then it would be worth getting a demo account with a few of the top hotforex alternatives and check if they are a better fit for you before moving any money around.
The most in depth review of hotforex alternatives on the web
There are many reasons hotforex may not be a good fit for your trading needs. For whatever reason you are looking for a better hotforex alternative or hotforex competitor with similar services, comparebrokers.org will always try to give you as much helpful information so you can find what it is you need. Below you will find the top hotforex alternatives.
For each of the alternative to hotforex, we break down the key differences to hotforex and for each platform feature show you the best alternatives. For every hotforex alternative online trading platform listed we also have detailed broker reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with hotforex, let us show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Having a reputable and dependable broker is vital to having a successful trading career. All of the hotforex alternative brokers shown in this hotforex alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
hotforex has a minimum desposit of $250, you can check how the minimum deposit requirements of hotforex compare with the minimum deposit requirements of hotforex competitors. Trading platforms often offer lower minimum deposits to get users to test them out, but having higher a minimum deposit requirement isn’t always a bad thing, it all comes down to your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
hotforex |
$250 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Demo Accounts
hotforex offers virtual portfolio accounts so you can test your trading strategies before risking any real capital. Newbie traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before risking a live account.
Below we list some of the best alternatives to hotforex that offer virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
hotforex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
hotforex offers negative balance protection. It's especially offered when the industry volatility prevents customers from allowing their account go in the red. In such a scenario, hotforex provides the ability to reset a clients account balance to zero.
You should go through the critical terms and conditions on hotforex's site to comprehend their policies.
Below we show some of the best alternatives to hotforex that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
hotforex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
hotforex offer a guaranteed Stop Loss facility.
If there is no free margin left together with the client, hotforex will stop your positions. When the losses in the stopped out location exceeds your account balance, you may encounter a negative account balance.
Below we list some of the top hotforex alternatives that offer guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
hotforex |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
No, the terms and conditions of hotforex do not condone scalping. It is a trading technique which is not allowed on the broker's platform. You can consult with hotforex's provisions and conditions to read more about its own policies.
Below we list some of the best alternatives to hotforex that allow scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
hotforex |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
hotforex do allow hedging. Several traders throughout the world select hotforex due to their hedging services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
Below we list some of the best alternatives to hotforex that offer hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
hotforex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Unfortunately, hotforex does not offer social trading.
Below we detail some of the top alternatives to hotforex that have social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
hotforex |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Regretably, hotforex does not offer copy trading.
Below we list some of the top alternatives to hotforex that offer copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
hotforex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare hotforex To All Other Brokers