Hotspot FX: reviews and profiles

Hotspot FX Company : Hotspot FX LLC, founded in 2000 by a group of professionals in the currency market. Company Hotspot, Inc. serves as a subsidiary of Knight Capital Group, Inc. In 2001, the company received a certificate of registration as a broker in the U.S., which officially has the ability to provide services in the Forex market to individuals. Since 2002, Hotspot FXi broker has launched the first institutional model ECN Hotspot FXi.At ECN-market company offers a centralized pricing, instant execution of transactions in real time, direct and anonymous market access, reference data, reliable information about the real streaming prices, stock market indices. The company's customers can be as individual market participants, as well as corporations. The minimum initial deposit is $ 7,500.

In support of its reliability, originality and comfort, the company provided a list of awards:

• «Best Trading Platform for Hedge Funds 2011" by the readers of «Profit and Loss»;
• «Best Trading Platform Hotspot FX 2012";
• «Best professional e-trading venue in 2011."

Company Hotspot FX has branches

Hotspot FX company has several offices missions in various countries:

• UK (London);
• United States (Chicago);
• Singapore (Singapore).

Licenses of Hotspot FX

The main office is located at 545 Washington Boulevard, Jersey City, New Jersey 07310, United States. Broker HOTSPOT FXR LLC registered in the United States, not in offshore jurisdictions. Hotspot FX company acts as a holding company subsidiary of Knight Capital Group, Inc., Which is regulated by NFA, registration ID number 0351219. company directly HOTSPOT FXR LLC also regulated NFA, registration number 0351580. In the UK, over the activities of financial institution follows FSA, registration number 189090.

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Trading platform of Hotspot FX:

To work to its customers the company offers the following trading platforms:

• Hotspot FX;
• Knight Direct FX;
• TradeView Fx.

Education forex and stock trading :

•  The company does not offer Hotspot FX Education Forex trading does not conduct webinars and video tutorials.
• There is no information online broker contest for traders and providing bonuses on Financial Markets.

Trading:

Trading instruments and brokerage Hotspot FX:

• 60 currency pairs Forex;
• Gold and silver.

Trading conditions of Hotspot FX:

• Minimum trading deposit - 7500;
• Anonymous trading in the market;
• Leverage up to 1:50;
• Minimum lot size - 1 lot;
• Fee for one item (one way) - $ 3;
• 4 digits after the decimal point in the quotations;
• Floating spreads from 0.5 pips;
• Centralized pricing;
• Executable streaming prices;
• Recharge and withdraw funds via:

1. Bank transfer;
2. Credit cards.

Advantages of:

• ECN broker;
• low fees;
• platform is easy to use;
• withdrawing money without delay;
• Scalping is allowed;
• You can get information about all realized deals in the system.

Disadvantages of:

• no history of quotes;
• company hides slippages;
• Spread jumps can reach to 200-300 pips.
• high initial deposit;
• account opening - a complex process;
• support does not hurry with the answers to some of the queries may not respond at all.

The presence of the "black list brokers":

• Facts unpaid profit Online Academy is not expressed. Blacklisted forex broker company Hotspot FX is recorded.

Voting and feedback traders in the forex broker rating of the company's Hotspot FX:

• students at Masterforex-V Academy
• Internet users

Company news:

• No

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Video news about the broker :

• No

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