258 brokers
23674 reviews
Broker
Broker
Adviser

Independent rating of Forex broker Hotspot FX LLC

1/10 (votes 100)

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.

Comments

Author: Ruddy Date: 2022-08-04 06:48:48 (UTC+3)
After 5 months I trade at Hotspot FX LLC broker. I can say that they are reliable broker. They have the best trading platforms, fast execution and fixed spreads for EUR/USD. The process of deposit and withdrawal transactions is quick and easy. It takes a maximum of 2 hours to transfer from my bank account to trading account for deposit, and for the withdrawal, it's needed 6 hours max to be completed. Overall, I'm so happy trading with them, so far they are reliable as well as profitable. Glad that I found them.
Author: Lioly Date: 2022-03-30 06:52:54 (UTC+3)
It has been 5 months since I started an account at Hotspot FX LLC. The experience is great. I am able to trade smoothly because their platform is stable. The spread is also reasonable, although I still don't want to scalp since I still lack experience. But surely, with their tight spread, this broker will also be great for scalpers. So far, my trading has always been profitable and it was easy to withdraw the profit.
Author: Matty Date: 2021-12-06 03:45:53 (UTC+3)
I'm so satisfied trading with Hotspot FX LLC. I have been with them for 6 months. The platforms Meta Trader 4 work super fast, real time prices and no re-quotes. I made an easy profit here and requested to withdraw was fast approved without any hidden commissions. Their support team also always respond quickly and answer all of my questions. They are an excellent and honest broker. I would recommend this broker.
Author: Lejla Date: 2021-11-26 01:48:31 (UTC+3)
I have already been trading with HotspotFX for almost a year. I am impressed with its favorable trading conditions. Even during high market volatility, I am still able to do my trades smoothly because of their stable platform. The fees are also tight so I can even scalp. I have made one withdrawal before and it was transferred to me within 24 hours.
Author: Masson Date: 2021-08-13 04:10:41 (UTC+3)
Personally, I'm delighted with Hotspot FX LLC. Accordingly to my experience, I can affirm they are honest and reliable. Trading conditions are fair, and their main aim is to provide fair trading conditions to their clients. Their maximum leverage is 1:50, which minimizes the risks of trading conditions. They are a regulated broker, and I feel very safe due to this reason. I'm with them for one year and a half, never had any problem. The withdrawal process is very smooth, and customer support is very helpful.
Author: Romboon Date: 2021-08-03 03:40:45 (UTC+3)
Hotspot FX was recommended by a colleague. It has been almost a year since I started and recently, I made my first withdrawal transaction. It was processed within 48 hours and I received it completely. I am happy with my overall trading experience at this broker because of their incredible services.
Author: Yocco Date: 2021-04-12 09:47:39 (UTC+3)
Hotspot FX is well regulated that is why I am able to trade while feeling at ease. Their trading environment is very conducive. Because of their smooth platform, I am able to trade comfortably. So far, I have already earned $452.46.
Author: HunterFX Date: 2021-04-06 03:23:29 (UTC+3)
I like to trade with Hotspot FX LLC. They are recommended broker. I have a standard account in USD currency for over six months, and till now, I like their services. It offers top-quality financial services, no commission at withdrawing, no minimum deposit, and the spread is competitive with a low of 2 pips for EUR/USD. The MT4 platform works fine with M30 time frame. I trade mainly currency pairs EUR/USD. USD/CAD, USD/JPY. My profit is close to $1000 monthly, I withdraw via MasterCard, and it's always been easy.
Author: Austin Date: 2020-12-09 02:57:11 (UTC+3)
Hotspot FX LLC provides the best service for clients. They have quite a big minimum deposit, but I can say it's worth it based on my trading experience with them. I have been trading with them for six months, and they always make my trading going smoothly without obstacles. The platform works properly, the spread is fixed, and leverage is competitive, it's giving me advantages in open position. It's easy to earn a profit here and easy to withdraw as well. The most important is that Hotspot FX LLC is a regulated broker, so I feel safe trading with them.
Author: Rosie Date: 2016-09-19 09:32:14 (UTC+3)
I have a live account with HotSpotFX. In the beginning, they filled my orders right on the money. Lately, when I placed a Stop Loss, they closed it 10 Pips against me 70% of the time. The other 30% it closed 2 or 3 pips against me. I was trying to close a position, but it always worked against me 2 to 3 pips and one time 10 pips. When I asked them about it, they told me they have a 9 to 12 Pip margin to fill their orders. The problem is on my take profit orders, they always close it right on the price when is going in my direction, not a single Pip of slipage. When I send e-mail them asking about a discrepancy with my account, they don't respond. Beware this broker.

Leave a comment

empty
Start trading
without any investments and risks
With new Startup BONUS 1000$
empty
Get Bonus
55%
from InstaForex
on every deposit