Statistics of Hotspot FX LLC votes

Hotspot FX LLC reviews

Hotspot FX LLC_logo Hotspot FX LLC 7/10 (votes 12751)

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.

Add your review

Comments about broker

Hnixo trader
review Hotspot FX LLC
20-04-20

I have had trouble to open an account with Hotspot FX LLC. Its takes 4 days to complete my registration process, it is very complicated. Another thing is that I do not any web base platform even they do have mobile platform. Usually I travel a lot for my business purpose so web trader or mobile platform is very essentials for me. I feel I may not go so far with Hotspot FX LLC broker.

Rena trader
review Hotspot FX LLC
19-06-17

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
30-05-17

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
17-05-17

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
14-04-17

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!

Show more
Start trading with
no risks and investments
With new Start-Up Bonus of $1000
Get bonus
55%
from InstaForex
on every deposit
Earn up to
$50000
for inviting friends to get StartUp Bonus from InstaForex
No investments required!