I write this post for everyone who is not sure whether to open a real account with Hotspot or another broker. If you have no stable performance on demo, then there is no reason to open live account for you. Hotspot has everything that every trader needs and cover all aspects of forex trading, starting from trading platform, support, access to CBOE and ending with favorable terms for order execution. There are no issues with features like hedging and high leverage. I trade with them around a year and have made tens of withdraws from my account without any delay. However, if you trade profitably, you won't probably leave bad comments on this company. There are no complaints about this broker even if it’s not well known by community of traders.
No metatrader platform. Looks like more for institutional traders. The biggest point to trade is many types of order available for each customer. If you care about anonymous access to the market, you can get it here. It is all really matter but I cannot open account with few thousand dollars. I would say: "Forget about it if you don't have hundreds of thousands dollars for initial deposit and extra money to pay fees for additional services". Not for small guys.
Don't think so.
Such happy traders here!
first off hotspotfxi.com is not the same as hotspotfx.com thats why i hate all these forums and stupid sites nobody knows anything
I recommend this broker.
Yeah Mr Forex well not everyone out there is a beginner. If you knew anything you would know that to get on the market its 100K lots so all brokers offering mini accounts are market makers who just steal your money by creating the positions against you, thats great to start off yippee!!!!!! To trade forex if you dont have at least 10K to put down and eventually lose than this market is out of your league. I'm not saying this broker is any good I never used it but just wanted to put in that fact
$7,500 to open a standar account is a real down fall with this company. No room for the little guy to get started
Forex reviews and information about brokers outspoken by their clients are valuable sources that give the trader an idea whether trading with a certain company is to be profitable or not. Once you are interested in trading with HotspotFX and would like to know if the official broker's information and their activity profile correspond to the facts, it is useful to read reviews about HotspotFX. These reviews have been written by either former or present-day clients who've described their positive or negative experience of trading with the broker, advantages and disadvantages of this company. All these attestations are different, and if you wish to add your comments, say, about improper client service of a broker or to underline their positive sides, this section is for you.
Reviews about HotspotFX might be of good service to the new forex traders who are yet hesitating which forex broker to opt for. The information featured in this section is judgmental and cannot be taken as an instruction manual; however, it is definitely useful and can help you understand if the broker matches your personal criteria. The topics of reviews can be very different; it is not prohibited to express an opinion on any forex trading issue. At that we expect our site visitors to be of decent conduct and to follow the moral standards.
Hotspot FX which is one of the prime brokers brings the powerful benefits of an independent, transparent ECN marketplace structure to institutional foreign exchange trading. These benefits include full depth-of-book view, centralized price discovery, direct and anonymous market access,...
Regulation: The company is registered in the US, and is registered with CFTC. It is a member of the NFA.Hotspot FX trading information