Capital.com vs HotForex - Fees Review included
Which broker is better Capital.com or HotForex? Our expert assessment conducted according to TU’s own methodology showed that Capital.com is one of the top brokers in the financial market with the TU Overall Score of 5.09 out of 10. HotForex is one of the top brokers in the financial market with the TU Overall Score of 7.46 out of 10. Find out more about TU Overall Score.
Feature | Capital.com | HotForex |
---|---|---|
Overall |
4.5 |
4.6 |
4.9 |
4.5 |
|
4.7 |
4.4 |
|
4.7 |
4.6 |
|
Investment Instruments |
2.2 |
4.1 |
Platforms and Charting Tools |
4.6 |
4.9 |
Deposit and Withdrawal |
4.5 |
4.4 |
Research |
4.3 |
4.8 |
Education |
4.4 |
4.8 |
Support |
4.6 |
4.4 |
Bonuses |
2.4 |
4.2 |
|
Capital.com vs HotForex: Pros and Cons
Capital.com (Capital) is a British Forex broker that provides its services to traders and investors worldwide. The company's activities are regulated by two bodies: CySEC — the Cyprus Securities and Exchange Commission, and the FCA — the UK Financial Conduct Authority. The company is audited by Deloitte and cooperates with two large European banks (Raiffeisen, RBS). Capital is ready to cooperate with active traders regardless of their experience, as well as with active investors who use shares of various companies for their work.
HotForex (HotForex.com) is a broker owned by the HF Markets Group, offers a wide variety of account types, and has the widest selection of trading assets and high-quality software. HotForex also has favorable trading conditions and instant execution of orders. Plus, a solid list of tools and services allow everyone to choose the best option. The broker's reliability is confirmed by the license of several regulators. The company's work experience in the financial, brokerage and other services market is over 10 years. Within that time, Hot FX has received 35 prestigious awards. For trading, MetaTrader 4 and MetaTrader 5 trading terminals are used.
Capital.com | HotForex | |
---|---|---|
Overall Pros | UK and EU regulated Forex broker | favorable trading conditions and low spreads - from 0 pips |
Free direct stock trading | controlled by several regulators | |
Multiple ways to deposit and withdraw funds | no commissions for account replenishment and bank transfers | |
A large number of training materials and tools for market research and study. | 1200+ supported assets | |
Multilingual support department - the company provides support in 13 languages. | 100% bonus | |
6100+ trading instruments. | Advanced tools for money managment and analysis | |
200+ supported cryptocurrencies | ||
Overall Cons | The broker does not offer clients investment programs such as PAMM accounts or copying trades. | Withdrawal terms do not always correspond to those indicated |
Capital.com vs HotForex: Safety and Regulation
Regulated By: | Capital.com | HotForex |
---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
Yes |
Yes |
CySec (Cyprus, EU) |
Yes |
Yes |
ASIC (Australia) |
Yes |
No |
Other Regulators |
Republic of Belarus (NBRB) |
Financial Sector Conduct Authority (South Africa) (licence number 46632); Dubai Financial Services Authority (DFSA) under licence number F004885; Registered in St. Vincent & the Grenadine as an International Business Company with the registration number 22747 IBC 2015, ; Seychelles Financial Services Authority (FSA) under Securities Dealer Licence number SD015. |
Capital.com vs HotForex: Trading Conditions
Trading Conditions | Capital.com | HotForex |
---|---|---|
Minimum Deposit |
$20 |
$5 |
Trading Platforms |
Web, Mobile application, MT4, Tradingview |
MT4, MT5 HotForex FIX/API |
Max Leverage (Futures) |
FCA/CYSEC/ASIC - 1-30, NBRB - 1-100 |
1-1000 |
Supported Markets |
Stocks, Cryptocurrencies, Currency pairs, Indices, Commodities, futures |
Forex, Stocks, ETFs, CFDs on commodities, indices, shares, crypto, metals |
Trading assets |
6100+ |
1200+ |
Trading Accounts |
Live-account, demo account |
Demo, Micro, Premium, Zero Spread, Auto, PAMM (Premium), HFcopy, Islamic account |
Base Account Currencies |
USD, EUR, GBP, PLN, RUB |
EUR, USD |
Capital.com vs HotForex: Fees
Forex Trading Fees
Fee | Capital.com | HotForex |
---|---|---|
Standard Account EURUSD Average Spread |
0.6 pips |
1.3 pips |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
Not supported |
$3 per lot |
ECN Account EUR Average Spread |
Not supported |
0.1 pips |
CFD Trading Fees
Fee | Capital.com | HotForex |
---|---|---|
CFD Trading Fee |
Floating spread |
Floating spread, Shares CFDs - 0.1% of trading volume |
Non-Trading Fees
Fee | Capital.com | HotForex |
---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Withdrawal Fee |
No |
No |
Inactivity Fee |
No |
$5 per month after 6 months of inactivity |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Capital.com vs HotForex: Trading Assets
Asset Name | Capital.com | HotForex |
---|---|---|
Overall |
6100+ |
1200+ |
Forex |
Yes |
Yes |
Stocks |
Yes |
Yes |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes |
Yes |
Bonds |
No |
Yes (CFD) |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
Yes |
No |
Binary Options |
No |
No |
Capital.com or HotForex: Investment Programs
Asset Name | Capital.com | HotForex |
---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
Bond CFDs |
Trading Platforms: HotForex or Capital.com
Capital.com | HotForex | |
---|---|---|
MT4 |
Yes |
Yes |
MT5 |
No |
Yes |
cTrader |
No |
No |
Appropriate platform |
Yes |
HotForex FIX/API |
Others |
Tradingview |
No |
|
Capital.com vs HotForex: Deposit and Withdrawal Methods
Deposit and Withdrawal Method | Capital.com | HotForex |
---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
No |
No |
Capital.com vs HotForex: Research
Research Type | Capital.com | HotForex |
---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
Yes |
Yes |
Capital.com vs HotForex: Education
Education Type | Capital.com | HotForex |
---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
Yes |
HotForex vs Capital.com: Support
Support Features | Capital.com | HotForex |
---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
yes |
Online chat |
Yes |
Yes |
Other |
feedback form |
No |
Capital.com vs HotForex: Forex Bonuses and Promo
Promo | Capital.com | HotForex |
---|---|---|
Forex Bonus |
No |
Super Charged bonus. Daily discounts of USD 2 per lot for deposits from USD 250. The maximum payout is $8,000. The calculation is made automatically, after which the funds can be withdrawn by the client or used for trading on the market. Credit bonus Provides an increase in leverage for a certain trading volume. |
Affiliate Program |
A trader can receive financial rewards not only for trading assets but also for attracting new clients to the company. The broker provides its partners with the tools they need to advertise Capital.com online, such as banners, widgets, and landing pages. These tools are available in several languages. The affiliate's task is to post information about the broker on their and other networks to attract new active traders. For this, the participant of the affiliate program receives a reward of up to $500. Detailed information on the terms of participation in the referral program is available to traders immediately after registering in the affiliate program.v |
Affiliate Partners and Introducing Brokers (IB) program. The program is available to organizations and individuals around the world. It provides for making a profit in the form of a reward for attracting new customers to the broker. Under the terms of cooperation, the company provides support by assigning a manager to each introduced broker. Also, the broker can assist in performing calculations, provide the necessary software and guarantee a high level of service. Regional representatives are an option for pros who can help promote the company at the regional level and take on the responsibilities of managing an office in the region, providing brokerage services on behalf of HotForex. White Label is a program that will be especially interesting for financial institutions and consulting firms. It makes it possible to provide services under its own brand and get individual partnership conditions. |
Other Promos |
The Capital broker does not have a bonus program for which users would receive additional financial rewards for trading. However, the company holds contests among its traders. You can find up-to-date information about contests that are currently taking place in your personal account. |
no |
|
Top 5 Reviews on HotForex
-
Comment
A drawback when trading with HotForex is the inability to deposit funds in cryptocurrency. Here, payments are mainly accepted via bank card or bank transfer. This means that the number of payment systems in HotForex is limited. There are also occasional issues during trading. For example, there was recently an order closure at a non-market quote resulting in a loss. However, after contacting HotForex's support service, the transaction was canceled within 15 days.
-
Comment
The account with HotForex was opened a year ago, but I only started trading here two months ago. Initially, the broker didn't attract much interest, but recently some new features have been introduced, including a bonus system. Well, let's give it a try and see. I deposited $500 into my HotForex account and will be trading with minimum volumes for now.
-
Comment
HotForex provides excellent trading conditions, allowing the use of various strategies, including those that require a low spread – which, by the way, is minimal and equals zero. From a technical standpoint, everything works stably and without unpleasant surprises. However, despite many positive aspects, one significant drawback should be noted – frequent delays in withdrawals. Payouts do not always occur on time, which is a serious disadvantage and affects HotForex's rating.
-
Comment
In my opinion, HFM broker deserves attention from traders. They have been on the market for a long time and are considered a serious company that provides reliability and investment protection. I don't have to worry about my funds because I'm confident the broker won't deceive me. They also do not interfere with trading and provide reliable quotes with fast execution. I recommend HFM broker.
-
Comment
hotforex offers normal conditions. Problems occur in the form of non-market quotes when trades are canceled. But I must note that hotforex cancels not only profitable trades, but also unprofitable ones. And all losses are returned to the account. So I can say that the broker conscientiously fulfills its obligations to traders.
Top 5 Reviews on Capital.com
-
Comment
I have no problems trading with сapital.com. When you have a normal trading strategy, there shouldn’t be questions with trading. Spreads are optimal, for some pairs they are below market average. The performance of the platform leaves much to be desired; there are slippages, but not critical ones. Also, Capital.com doesn’t take too long with withdrawals, although there are delays.
-
Comment
This is just terrible! It's been over three weeks, and Capital.com still can't withdraw my money. At first, it seemed like everything should go smoothly. I've already withdrawn my profits a couple of times before. But this time, I closed the account and withdrew the entire deposit. They immediately told me that I needed to go through verification again. I sent all the necessary documents. And here we are, the third week has passed, and Capital.com still hasn't withdrawn my money.
-
Comment
Capitalcom has constant problems with its trading platform. I note that when you open orders, you can simply be kicked out of your user account. It fails and freezes, it’s obvious that developers weren’t too worried about how this platform would run. The only question is where the company gets its clients from. This is why I advise anyone who has not yet opened an account with Capital.com not to do so, because they will lose their money.
-
Comment
I had a negative experience with Capital.com. I made the minimum deposit of $350 and was able to increase my balance by $180 in just three days, which pleasantly surprised me. However, when I tried to withdraw half of this amount, problems occured. My account was blocked after my withdrawal request. I was disappointed and fooled by Capital.com.
-
Comment
I traded normally with capital.com, but one day everything changed. I get the impression that this is not a good broker, but a strange company that wants to take my money. Trading became unbearable. Everything has changed for the worse. The platform operates for one hour during the trading session. I do not recommend capital.com, they cannot be trusted.
- Webull vs Capital.com
- Deriv vs Capital.com
- Capital.com vs AMP Global
- Capital.com vs Spreadex
- Capital.com vs NinjaTrader
- Capital.com vs Fineco
- Capital.com vs Vantage
- Capital.com vs BlackBull Markets
- Capital.com vs SimpleFX
- Capital.com vs London Capital Group (LCG)
- Capital.com vs Tradeview
- Capital.com vs Fullerton Markets
- Capital.com vs Trading 212
- Capital.com vs FXChoice
- Capital.com vs IFC Markets
- Capital.com vs FXORO
- Capital.com vs BDSwiss
- Capital.com vs NAGA
- Capital.com vs ETX Capital
- Capital.com vs FXOpen
- Capital.com vs MultiBank
- Capital.com vs City Index
- Capital.com vs Swissquote
- Capital.com vs TeleTrade
- Capital.com vs IG
- Capital.com vs Saxo Bank
- Capital.com vs Dukascopy
- Capital.com vs eToro
- Capital.com vs CMC Markets
- Capital.com vs FP Markets
- Capital.com vs OctaFX
- Capital.com vs TD Ameritrade
- Capital.com vs FBS
- Capital.com vs Pepperstone
- Capital.com vs Fusion Markets
- Capital.com vs XTB
- Capital.com vs Plus500
- Capital.com vs Interactive Brokers
- Capital.com vs AvaTrade
- Capital.com vs Forex.com
- Capital.com vs Kot4x
- Capital.com vs HugosWay
- Capital.com vs TriumphFX
- Capital.com vs Libertex
- Capital.com vs Admiral Markets
- Capital.com vs Tickmill
- Capital.com vs XM
- Capital.com vs InstaForex
- Capital.com vs Oanda
- Capital.com vs FxPro
- Capital.com vs IC Markets
- Capital.com vs Exness
- Capital.com vs RoboForex
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.