WEP Encryption for WiFI Hotspot in KitKat Is it possible to enable WEP encryption for the hotspot function in Android 4.4? It only shows WPA and WPA2 for me and I would like to create a WEP hotspot.

Alternatively, are there any hotspot apps that support WEP? All the ones I found just refer to the inbuilt hotspot functionality.
Since WEP encryption is very, very insecure it was replaced by WPA/2. 
Creating WEP encrypted WiFi networks today is very risky because it can be hacked within seconds.
So the answer is you can't create a WEP encrypted WiFi Hotspot with Android.

BTW:
An app can only use hotspot features the device is supporting. And because the newer Androids don't support WEP there is no way for the apps to create hotspots with WEP.