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HotForex vs KVB Kunlun 2020

Is HotForex better than KVB Kunlun ? After testing 30 of the best forex brokers over five months, HotForex is better than KVB Kunlun . Alongside its enhanced MetaTrader offering, HotForex provides a good selection of tradeable products. However, HotForex does trail leading multi-asset brokers in overall platform depth.



CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature HotForex KVB Kunlun
Overall 4 3
Commissions & Fees 4 3
Offering of Investments 3.5 3
Platforms & Tools 3.5 2.5
Mobile Trading 3.5 2.5
Research 4 2.5
Education 3 2.5
Trust Score 83 90
71.37% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money
HotForex Review KVB Kunlun Review
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Regulation

Feature HotForex KVB Kunlun
Trust Score 83 90
Year Founded
2010 2001
Publicly Traded (Listed)
No Yes
Bank
No No
Tier-1 Licenses
1 4
Tier-2 Licenses
3 1
Tier-3 Licenses
1 0
Authorised in the European Union
Yes No

Tier-1 Licenses

Feature HotForex KVB Kunlun
ASIC Authorised (Australia)
No Yes
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No Yes
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature HotForex KVB Kunlun
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
47 31
CFDs - Total Offered
1044 7
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes No

Cost

Feature HotForex KVB Kunlun
Average Spread EUR/USD - Standard
1.2 1.3 (as of May 19)
All-in Cost EUR/USD - Active
0.8 N/A
Active Trader or VIP Discounts
No No

Funding

Feature HotForex KVB Kunlun
Minimum Initial Deposit
$50 N/A
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes No
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes No

Trading Platforms

Feature HotForex KVB Kunlun
Proprietary Platform
No No
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes No
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes No
cTrader
No No

Trading Tools

Feature HotForex KVB Kunlun
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
No Yes
Watchlists - Total Fields
(Default MT4)
Charting - Indicators / Studies (Total)
Default (MT4) (Default MT4)
Charting - Drawing Tools (Total)
Default (MT4) (Default MT4)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
No Yes
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature HotForex KVB Kunlun
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
No Yes
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
Default MT4 (Default MT4)
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No

Research

Feature HotForex KVB Kunlun
Daily Market Commentary
Yes No
Forex News (Top-Tier Sources)
Yes No
Weekly Webinars
Yes No
AutoChartist
Yes No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes No

Education

Feature HotForex KVB Kunlun
Has Education - Forex
Yes No
Has Education - CFDs
No No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
No No

Major Forex Pairs

Feature HotForex KVB Kunlun
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes No
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature HotForex KVB Kunlun
Overall 4 3
Commissions & Fees 4 3
Offering of Investments 3.5 3
Platforms & Tools 3.5 2.5
Mobile Trading 3.5 2.5
Research 4 2.5
Education 3 2.5
Trust Score 83 90
HotForex Review KVB Kunlun Review
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Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare HotForex vs KVB Kunlun .

Does HotForex or KVB Kunlun offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, HotForex offers better pricing overall for traders.

Is HotForex or KVB Kunlun safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. KVB Kunlun holds 4 global Tier-1 licenses, while HotForex holds 1. HotForex holds 3 global Tier-2 licenses, while KVB Kunlun holds 1. All regulators considered, KVB Kunlun has a Trust Score of 90.00, while HotForex's Trust Score is 83.00.

Which trading platform is better: HotForex or KVB Kunlun ?
To compare the trading platforms of both HotForex and KVB Kunlun , we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, HotForex offers a better experience. With research, HotForex offers superior market research. Finally, we found HotForex to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. HotForex and KVB Kunlun both offer copy trading. Both HotForex and KVB Kunlun offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
HotForex provides traders 47 currency pairs (e.g., EUR/USD) compared to KVB Kunlun 's 31 available pairs. Forex pairs aside, HotForex offers traders access to 1044 CFDs while KVB Kunlun has 7 available CFDs, a difference of 1,037.

Overall, between HotForex and KVB Kunlun , HotForex is the better forex broker.

HotForex Review
KVB Kunlun Review

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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