Statistics of Hotspot FX LLC votes

Hotspot FX LLC reviews

Hotspot FX LLC_logo Hotspot FX LLC 7/10 (votes 12743)

On-line since: 2000
Country of origin: USA
Regulation: Member of the National Futures Association (NFA) and is registered as a Futures Commission Merchant with the Commodity Futures Trading Commission (CFTC)
Payment options: Bank wire and checks
Minimum account size: $7,500
Minimum lot size: 1 lot
Leverage: 1:33 and 1:50
Spreads: ECN broker - spread varies

Hotspot FXi company was established by group of the currency market professionals in 2000. Hotspot, Inc. is a subsidiary company of Knight Capital Group, Inc.
In 2001, the company got the US registration as a broker with the right to provide services for individuals in the international currency market Forex. In 2002, Hotspot FXi broker has run the first institutional model ECN Hotspot FXi.

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Comments about broker

Rena trader
review Hotspot FX LLC

Unfortunately I was not lucky with Hotspot FX LLC. While I was in the demo in their MT4 platform, everything was smooth, but then I made a deposit and started trading in live account, execution is kind of slow, and spread can get absurdly high, especially if you are dealing with EUR/USD. Also they offer just slim possibilities of deposit and withdrawal that charge a high commission. I sincerely think they play against clients not in favor, Please, stay away from them.

Madalinpip trader
review Hotspot FX LLC

I trade with Hotspot broker for more then one year. The fact that they have the request for a minimum account size of 7500$ is something which shows the quality standard of their services. I made during one year a profit of 42k $. I trade GOLD, Silver, Crude Oil, Natural Gas and shares. The platform is flawless, fast in execution, real time prices, no re-quotes, the broker is not manipulating the prices as other brokers do. I had during one night some positions closed and after I called support they reopened my positions and also the money lost 375$ were credited to my trading account. I recommend the broker!

Year trader
review Hotspot FX LLC

I have very bad withdrawal process with Hotspot FX LLC. I have deposit via bank wire, But when I get profit and I want to withdraw my profit, the process was very difficult. Four times declined for my withdrawal process, each step I was consult with customer support even email to them, they told me to re-withdraw but then declined again. I have never face this kind of problem with another broker. I do not recommend you to use Hotspot FX.

ccccfx trader
review Hotspot FX LLC

I am a client of HotSpot for 4 months and I am pleased with their services. After I used the demo account I opened a live account with a first deposit of 7500$, deposit was made with bank transfer. The platform MT4 works with fast execution of trades and real time prices. The broker is not manipulating the prices during volatility times. I trade exotic currency USD/DKK, USD/NOK and Gold. I like that the spread is not changing during news feed and my profit are stable. I make over 2000$ a month. The withdraw process takes 2 working days and is free of hidden commissions. I recommend the broker!

Arkady trader
review Hotspot FX LLC

hotspot broker is a trusted broker and also regulated broker from National Futures Association NFA and registered as a Futures Commission Merchant with the Commodity Futures Trading Commission (CFTC). I open ecn account with them start trading the next day after registration account complete and I’m deposit using bank wire that need within 1 hour to complete the transaction. They provide me with stable platform to start my trading activity and I don’t have any issue with their services because of trading platform is the most important thing that I will see first when choosing a broker. Now it’s been 9 month trading with them without any problem and I can gain profit using their ECN account that provide me with low spread starting with 2 pips for major pairs. Every time I made a withdrawal request they will approve it as fast as they can.

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