Statistics of Hotspot FX LLC votes

Hotspot FX LLC reviews

Hotspot FX LLC_logo Hotspot FX LLC 7/10 (votes 12768)

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

Mudoff trader
review Hotspot FX LLC

Even though Hotspot FX LLC has a high minimum deposit, I can admit that they provide excellent service. I have been trading with them for a year and still receiving good service from them. The trading platform is still working smoothly without a significant problem and stable, spreads are also fixed, and they still execute orders instantly. Since I joined them, I never get big trouble with my trading activity. When I need help, customer support always available and responsive. They are reliable and professional broker as far I can tell.

Hnixo trader
review Hotspot FX LLC

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

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.

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