Hotspot FX LLC reviews

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.

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.

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!

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.

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!