Forex4You vs Exness vs HotForex - Fees Review included
| Feature | Forex4You | Exness | HotForex |
|---|---|---|---|
Overall |
4.4 |
4.7 |
4.6 |
4.3 |
4.8 |
4.5 |
|
4.0 |
4.8 |
4.4 |
|
4.1 |
3.9 |
4.6 |
|
Investment Instruments |
4.8 |
4.1 |
4.1 |
Platforms and Charting Tools |
4.5 |
4.2 |
4.9 |
Deposit and Withdrawal |
4.4 |
4.6 |
4.4 |
Research |
4.5 |
4.7 |
4.8 |
Education |
4.4 |
4.8 |
4.8 |
Support |
4.5 |
4.5 |
4.4 |
Bonuses |
5 |
3.1 |
4.2 |
|
|
|
|
Forex4You vs Exness vs HotForex: Pros and Cons
The broker Forex4you started in 2007. The company provides a full range of active and passive trading services in the Forex market. The company runs its operations in the British Virgin Islands, under the license BVI FSC (license number SIBA/L/12/1027). Forex4you is committed to responsibility and professionalism. In 2018, according to Le Fonti, the company was awarded the ‘Best Broker’ which is the highest award achievable, and prior to this it has consistently won and received nominations for awards including ‘Forex Broker of the Year’ and ‘Best Service Quality’ nomination.
Exness Trading Company has been working in the Forex market since 2008. The broker’s activity is managed by Nymstar Limited, a company registered in the Republic of Seychelles. The service is regulated by licenses of CySEC (Cyprus Securities Commission), FCA (Office of Financial Regulation and Supervision of Great Britain) and FSA (Office of Financial Regulation and Supervision of the Republic of Seychelles). The broker holds the leading position in Forex ratings. The company’s monthly trading turnover totals $325.8 billion USD. The broker currently has CFDs available for cryptocurrency, stocks, more than 120 currency pairs, energy and metals. Exness’s service provides favorable working conditions for traders: low commission, instant execution of orders and withdrawal of funds. An infinite leverage makes it possible to earn on small deposits up to $999. There are several options for opening an account depending on the traders’ needs. A demo account is available - a training account that is useful for both beginner level traders and professional traders.
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.
| Forex4You | Exness | HotForex | |
|---|---|---|---|
| Overall Pros | Trading With Leverage up to 1:1000 | Trading With Leverage up to 1:2000 | favorable trading conditions and low spreads - from 0 pips |
| 2 types of cent accounts | Big choice of ECN/STP accounts | controlled by several regulators | |
| Share4You copy trading platform | Low trading and non trading fees | no commissions for account replenishment and bank transfers | |
| Forex bonuses | Free VPS hosting | 1200+ supported assets | |
| Instant withdrawal of funds | Quotes history | 100% bonus | |
| Advanced tools for money managment and analysis | |||
| Overall Cons | Not a big choice of trading assets | Not a big choice of trading assets | Withdrawal terms do not always correspond to those indicated |
| High fees | No forex bonuses |
Forex4You vs Exness vs HotForex: Safety and Regulation
| Regulated By: | Forex4You | Exness | HotForex |
|---|---|---|---|
Max. Regulation Level |
Tier-2 |
Tier-1 |
Tier-1 |
Investor protection |
No |
€20,000 £85,000 |
€20,000 £85,000 |
FCA UK Regulation |
No |
Yes |
Yes |
FINRA (U.S) |
No |
No |
No |
BaFin (Germany) |
No |
No |
No |
ASIC (Australia) |
No |
No |
No |
CFTC (U.S) |
No |
No |
No |
MAS |
No |
No |
No |
FSCA SA |
No |
Yes |
Yes |
BVI FSC |
Yes |
Yes |
Yes |
VFSC |
No |
No |
No |
FSA (Seychelles) |
No |
Yes |
Yes |
Forex4You vs Exness vs HotForex: Trading Conditions
| Trading Conditions | Forex4You | Exness | HotForex |
|---|---|---|---|
Minimum Deposit |
$1 |
$1 |
$5 |
Trading Platforms |
MT4, Forex4You |
MT4, MT5, MultiTerminal |
MT4, MT5 HotForex FIX/API |
Max Leverage (Futures) |
1-1000 |
1-2000 |
1-1000 |
Supported Markets |
Currencies, assets of stock and commodity markets, cryptocurrencies |
Currencies, assets of stock and commodity markets, cryptocurrencies |
Forex, Stocks, ETFs, CFDs on commodities, indices, shares, crypto, metals |
Trading assets |
100+ |
100+ |
1200+ |
Trading Accounts |
Cent, Cent NDD, Classic, Pro STP |
Standard, Standard Cent, Standart Plus, Raw Spread, Zero, Pro |
Demo, Micro, Premium, Zero Spread, Auto, PAMM (Premium), HFcopy, Islamic account |
Base Account Currencies |
USD, EUR |
USD |
EUR, USD |
Forex4You vs Exness vs HotForex: Fees
| Fee | Forex4You | Exness | HotForex |
|---|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,1 |
0,6 |
0,6 |
Standard acc. spread EUR/USD, max pips |
2,0 |
1,5 |
1,5 |
ECN Commission |
3 |
3 |
3 |
ECN Spread EUR/USD |
0,3 |
0,1 |
0,1 |
Deposit fee, % |
No |
No |
No |
Withdrawal fee, % |
No |
No |
No |
Withdrawal fee, USD |
No |
No |
No |
Inactivity fee, $ |
10-100 |
No |
No |
Forex4You vs Exness vs HotForex: Trading Assets
| Asset Name | Forex4You | Exness | HotForex |
|---|---|---|---|
Overall |
100+ trading assets |
100+ trading assets |
1200+ |
Forex |
Yes |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Yes |
Metals |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
No |
Yes |
Bonds |
Yes (CFD) |
No |
Yes (CFD) |
Mutual funds |
No |
No |
No |
Stock options |
No |
No |
No |
Futures Trading |
No |
No |
No |
Binary Options |
No |
No |
No |
Forex4You or Exness or HotForex: Investment Programs
| Asset Name | Forex4You | Exness | HotForex |
|---|---|---|---|
Copy Trading |
Yes |
Yes |
Yes |
MAM/PAMM |
No |
No |
No |
Managed Accounts |
No |
No |
No |
Other |
No |
No |
Bond CFDs |
Trading Platforms: Forex4You or Exness or HotForex
| Forex4You | Exness | HotForex | |
|---|---|---|---|
MT4 |
Yes |
Yes |
Yes |
MT5 |
No |
Yes |
Yes |
cTrader |
No |
No |
No |
Appropriate platform |
Forex4You |
Exness terminal |
HotForex FIX/API |
Others |
No |
No |
No |
|
|
|
|
Forex4You vs Exness vs HotForex: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Forex4You | Exness | HotForex |
|---|---|---|---|
Bank Wire |
No |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Yes |
Neteller |
Yes |
Yes |
Yes |
BTC |
Yes |
Yes |
Yes |
Wise |
No |
No |
No |
Payoneer |
No |
No |
No |
USDT |
Yes |
Yes |
Yes |
Forex4You vs Exness vs HotForex: Research
| Research Type | Forex4You | Exness | HotForex |
|---|---|---|---|
News Feed |
Yes |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
Yes |
E-Mail Reports |
Yes |
Yes |
Yes |
Forex4You vs Exness vs HotForex: Education
| Education Type | Forex4You | Exness | HotForex |
|---|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Yes |
Webinars |
Yes |
Yes |
Yes |
Articles |
Yes |
Yes |
Yes |
Videos |
Yes |
Yes |
Yes |
Cent account |
Yes |
Yes |
Yes |
Forex4You vs Exness vs HotForex: Support
| Support Features | Forex4You | Exness | HotForex |
|---|---|---|---|
Working Days |
24/5 |
24/5 |
24/5 |
Yes |
Yes |
Yes |
|
Phone |
Yes |
Yes |
yes |
Online chat |
Yes |
Yes |
Yes |
Other |
No |
No |
No |
Forex4You vs Exness vs HotForex: Forex Bonuses and Promo
| Promo | Forex4You | Exness | HotForex |
|---|---|---|---|
Forex Bonus |
5-100% deposit bonus |
Not offered |
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 |
Up to 50% of referrals spread |
40% of trading commissions |
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 |
no |
||
|
|
|
|
Top 5 Reviews on Forex4You
-
Comment
I chose Markets4you because of the zero-dollar minimum deposit — a truly unique feature among brokers. Registration was quick, and I funded my account with just $15 via card, with no fees charged. Over a couple of months trading on the Classic Fixed account, I tried various instruments: currency pairs, gold CFDs, cryptocurrency — more than 250 instruments are available 24/7. The account was opened instantly, spreads are usually between 0.1 and 2 pips, which makes scalping very convenient. I withdrew $63 in profit in a month — the withdrawal was sent to my crypto wallet and arrived within the same day. I’m very satisfied that there are no funding limits, and I definitely recommend Markets4you to beginners!
-
Comment
I opened a cent account with Markets4you and was pleasantly surprised by the ability to trade with a minimum lot size of just 0.01. This is a real find for testing advisors and strategies. The platform makes it easy to combine active trading with passive investments through Share4you. Over the past three months, I managed to grow my deposit from $30 to $55 just by copying trades and making a few independent entries in oil.
-
Comment
I was really impressed with the level of support at Markets4you — they respond to any inquiry within 8 hours, even on weekends. I contacted them about an issue with bonus display, and they resolved it quickly by manually crediting a $25 deposit bonus. The bonus program itself is very beneficial: I received a 30% bonus on my first deposit, and there are frequent cashback offers of up to 50% through promotions. Everything is transparent, and all bonuses are clearly visible in the personal account.
-
Comment
Markets4you is the best option for those just starting out in trading. You don’t need any capital to begin — the minimum deposit starts from $0! On a cent account, you can place trades from as little as 2 cents, which allows you to practice and test strategies without risk. In six months, I haven’t had any losses, but I managed to grow $10 into $54 just by using steady money management and trading EUR/USD with a low spread.
-
Comment
I chose the broker Markets4you almost by chance — I liked the conditions for the minimum deposit, as you can actually start from $0, which is a unique offer in the market. At first, I used a demo account, then deposited $30 and started testing a standard account. I was impressed by the low spreads — for EUR/USD they consistently stayed around 0.2–0.4 pips, even lower than the stated minimum. After a month of active trading, I managed to earn $68 in net profit. The high leverage was a big help — I traded with 1:500 leverage, which shows how flexible the broker is, allowing access to larger volumes even with small deposits.
Top 5 Reviews on Exness
-
Comment
I've been using Exness for several months now to trade currency pairs and cryptocurrencies. The minimum deposit is just $10 for most accounts, and $200 for a Pro account. I really appreciate that the company supports over 35 currencies, including EUR, CHF, ZAR, and INR. As for leverage, it starts at 1:2000 and can go up to unlimited if you open 10 positions with a combined volume of at least 5 lots. During this time, I've tested several platforms: MT4, MT5, and Exness’s own terminal. The spreads are tight — from 0.3 pips on the Standard Cent account and from 0.1 pips on the Pro account. I've never experienced any delays with withdrawals — funds arrive quickly, even at night. Overall, Exness leaves a strong impression as a modern and reliable broker.
-
Comment
Exness offers a user-friendly account dashboard and fast registration. It supports cards, transfers, Tether, WebMoney, Skrill, and more. Account currencies include USD, EUR, INR, ZAR, and others. I liked that you can open accounts and test the terminal in demo mode before switching to live trading. However, it's worth noting that the educational materials are available only in English, which may not be convenient for everyone.
-
Comment
Among brokers, Exness stands out for its wide selection of account types: Standard, Cent, Pro, Zero, and Raw Spread. The spread on Standard Plus starts from 1 pip, while on Pro it starts from 0.1. The client area includes a built-in calculator for commissions and margin, making it easy to estimate trade size. Negative balance protection is available, though PAMM accounts are not supported. VPS hosting is offered only with a minimum deposit of $500 and 14 days of trading activity.
-
Comment
The broker Exness offers leverage up to 1:2000, but in actual trading it's limited to 1:500 for volumes up to 5 lots, or 1:200 for 500+ lots. This system is more tailored for professionals. Withdrawals are indeed fast — funds reach your card or wallet within 1–2 minutes.
-
Comment
I tested copy trading through the Exness Social Trading platform. The setup was quick, and you can use it via browser or mobile app. A minimum deposit of $500 gives access to strategies with a subscription. Returns can reach 30–35% per month, but this depends on the specific trader. I liked that you can choose the time period and risk level. The subscription can be canceled at any time without penalties.
Top 5 Reviews on HotForex
-
Comment
HFM is interesting because it offers investment opportunities in addition to active trading. For example, PAMM accounts and an integrated copy trading platform make the broker more versatile. However, opening an account requires thorough verification with a large amount of documentation, especially under FCA regulation. It's also worth noting that spreads from 0 pips are not available on all account types and require higher deposits — starting from $100 on the PRO account.
-
Comment
HFM offers attractive trading conditions: spreads from 0.2 pips on EUR/USD, both market and instant order execution, and a wide range of instruments — from Forex to bonds and ETFs. The minimum order size is 0.01 lots. There’s support for mobile trading and an affiliate program. One downside is that withdrawals through systems like Skrill and Neteller are not supported, which limits flexibility for some traders. Nevertheless, the availability of a demo account and educational materials is a definite plus for beginners.
-
Comment
hfm stands out for its reliable trading environment with consistently low spreads on top pairs like eurusd and usdjpy making it cost friendly for active traders withdrawals are processed quickly and you can choose from several methods including local bank options credit cards and popular online wallets the platform is easy to navigate and offers good tools for analysis whether you are new or experienced in forex their trading conditions are stable with good leverage options and no major issues during high volatility sessions
-
Comment
I have been trading with hfm for more than one year and mainly trade gold and some major pairs like EUR, GBP, JPY etc. The spreads are quite competitive and execution is also fast. Sometimes i also put limit orders when i am usually away from the main screen so it works. I am quite satisfied with their services.
-
Comment
I've been using HFM for a few months now and honestly, it’s been pretty smooth. The app is easy to use and withdrawals are fast. I like that they have local deposit options too.
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.
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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.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.