freetrade vs hotforex, Who's Better?
Read our In-Depth freetrade vs hotforex Review - Updated for 2025
This comprehensive analysis of freetrade and hotforex has been refreshed to reflect any changes for 2025 by knowledgeable insiders with considerable expertise in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs hotforex does not apply to all countries as follows:
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
hotforex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs hotforex
All trading platforms will have some ups and downs, so a complete review of freetrade and hotforex should not be complete without embracing an objective perspective.
Assess hotforex and freetrade to understand just how they stack up with each prior to you make an account. Performing a side-by-side comparison helps to place factors into perspective in order that you remain cognizant of the expectations.
So you are looking for a broker and are choosing between freetrade or hotforex. Who is better in 2025?
Our freetrade vs hotforex comparison contains the most recent information so you can easily compare hotforex against freetrade.
If you're a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You will acquire proficient at all of the concepts of brokerage as you keep trading. For starters, you need to select the right agent who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. freetrade and hotforex are two such trading platforms that will take you along with your investment into great heights. It is important that you compare freetrade vs hotforex before you trust them with your cash.
Our freetrade vs hotforex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and hotforex side by side.
Our entire freetrade vs hotforex Review covers all you need to learn about trading using either freetrade or hotforex. A good agent can multiply your initial investments and provide you favorable profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully analyze your broker before you select them. It is a common misconception that all brokers are exactly the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
freetrade and hotforex are both brokers that have paved their way successfully to the brokerage world. In this review, we've attempted to collate a number of the vital facets of both freetrade and hotforex. This review will allow you to know whether either hotforex or freetrade is a good fit for your investments or not. We've attempted to breakdown all of the qualities and charges for your advantage.
Benefits of freetrade and hotforex Compared
freetrade has a minimum deposit of $0 while hotforex offers a $250 minimum deposit.
Why smaller minimum deposits are good and how freetrade and hotforex compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
freetrade has around 115 financial instruments whilst hotforex allows you to trade around 115 financial instruments available.
The more instruments you can trade on the freetrade and hotforex trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of freetrade or hotforex.
freetrade and hotforex Contact Details
Being able to contact an online trading platform easily is important. freetrade and hotforex have the following contact details and social medias that you can use.
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Broker | freetrade | hotforex |
Telephone Number | +44 203 488 2539 | |
hello@freetrade.io | ||
Address | 68 Hanbury St, London, Greater London E1 5JL, GB | |
freetrade Twitter Account | hotforex Twitter Account | |
freetrade Facebook Page | hotforex Facebook Page | |
freetrade Instagram Account | hotforex Instagram Account | |
freetrade LinkedIn Page | hotforex LinkedIn Page | |
YouTube | freetrade YouTube Channel | hotforex YouTube Channel |
Find Out More |
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hotforex and freetrade Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of freetrade and hotforex we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
freetrade vs hotforex - Awards
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Broker | freetrade | hotforex |
Awards |
freetrade have won numerous industry awards over the years they have been running as an online trading platform. We detail the most notable awards for freetrade here.
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At the time of writing this hotforex review, and despite hotforex’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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freetrade vs hotforex - Frequently Asked Questions
freetrade vs hotforex - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
hotforex was founded in 2012 and has its headquaters in United States.
What is the minimum deposit for hotforex or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for hotforex is $250.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both freetrade and hotforex are a good option.
freetrade vs hotforex - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
hotforex is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255.
Both freetrade and hotforex have a powerful collection of rules for ensuring honest trading onto their individual platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare freetrade vs hotforex Commission And Fees
freetrade and hotforex are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily influenced by the amount of customers they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 different types of penalties for this purpose.
The first sort of fees to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In these cases, you're paying a spread, funding rate, or even a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the gap between the buying and selling price. Financing or overnight prices are those that are charged when you maintain a leveraged position for more than a day.
Apart from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake in your accounts. They're billed for operations like depositing cash, not investing for long periods, or withdrawals.
In general, neither freetrade or hotforex charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who regularly exchange, for example weekly or daily trading.
However, non-trading fees charged by freetrade and hotforex are comparatively higher. Consequently, you're billed more for non-trading activities on your trading account, such as withdrawal and deposits. These are not about the purchase and sale of resources.
This freetrade vs hotforex review for 2025 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For freetrade And hotforex
What Languages Do freetrade And hotforex Support?
Being able to chat easily with your online broker is a key part of comparing brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key factor to success when trading forex.
Below you will find the languages that both freetrade and hotforex offer communication in.
How Many Clients Do freetrade and hotforex Have?
Both freetrade and hotforex are well established with their customer base. It is important to work with an online broker you can trust and one of the easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many customers freetrade and hotforex are working with
What Payment Methods Do freetrade and hotforex Accept?
freetrade and hotforex both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at freetrade and hotforex
What Can You Trade With freetrade and hotforex?
freetrade offers 115 trading instruments whilst hotforex offers 138.
Below you will find a full breakdown of what both freetrade and hotforex offer.
freetrade Review
freetrade vs hotforex:
Table Of Contents
- Compare freetrade vs hotforex
- Benefits of freetrade and hotforex Compared
- hotforex and freetrade Mobile App Comparison
- freetrade vs hotforex - Awards
- freetrade vs hotforex - Frequently Asked Questions
- What is the minimum deposit for hotforex or freetrade
- freetrade vs hotforex - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And hotforex
- What Languages Do freetrade And hotforex Support?
- How Many Clients Do freetrade and hotforex Have?
- What Payment Methods Do freetrade and hotforex Accept?
- What Can You Trade With freetrade and hotforex?