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Hotspot FX LLC review
Hotspot FX LLC


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

About the company:

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.

Hotspot FX LLC 8/10 (votes 4386)
Comments Interested in other brokers?
Author of Hotspot FX LLC: Ramonafx | Date 2017-12-29
I recommend this broker for professional traders because of the high amount of minimum deposit which is 7500$. I trade with them major currency pairs and Bitcoin. My profit increased the past couple of months considerably because of the movements of Bitcoin. I am a day trader, the platform works fast in execution and the broker is not manipulating the prices. I had a shutdown of one position with a loss of 1500$ and I called their support team because was obvious the problem was from their server,they opened back my account and I got my money.
Author of Hotspot FX LLC: Mirellafx | Date 2017-11-27
I trade with Hotspot for a couple of months till now I think that is an average broker. It has a request of a minimum deposit of 7.500$, but the platform has delays during volatility times. I requested to fix the bugs with the platform, they fixed the problems for a while then again that problems. I trade with them currency pairs EUR/USD, GBP/USD, USD/CAD, USD/CHF, USD/JPY and I made a nice profit of 1000$ in two months. The withdraw process is easy and the broker doesn't have hidden commissions.
Author of Hotspot FX LLC: Koaja | Date 2017-11-16
I joined Hotspot FX after having a bad customer service experience with another well known forex broker and I have to say "so far so good". I read and researched all the services they offered and the reviews from the traders. For a month trading with them has been smooth. I deposited an initial of $100 via Moneybookers and I felt an instant rapport with one of the support who helped set up my account & found their customer service to be fantastic. The speed of execution on their mt4 platform is the best ive experienced and i think anyone who feels its not up to speed should go down the ECN route. I do trade long time frames so problems of stop hunting and slippage don't really affect me. Now i earned 10% of profit but I haven't tried to withdraw yet. All in all I am the most satisfied with their services. Will update soon!
Author of Hotspot FX LLC: NitaiFx | Date 2017-10-19
While Hotspot FX LLC provided high-quality service to banks, hedge funds, high-frequency traders. But I have dealing with Hotspot FX LLC since a years by depositing $7,500. till now I am very pleased with their services, their trading platform, and trading profit. I prefer to trade instantly on live prices with enough liquidity and including API, Hotspot FX GUI and leading third-party platform. I spend many hours trading EUR/USD, USD/CAD, GOLD, SILVER, CRUDE OIL, different shears, after I trade I have seen a strange activity on spread, order execution and platform too. Besides that their 1 to 10 pips spread is so high in the market and suddenly the spreads start to go higher on some pairs and starting to lose money on this pairs. Can anyone help me with this issue?
Author of Hotspot FX LLC: Willianys | Date 2017-10-17
I have been trading with Hotspot Fx for more than 1 year and along my journey using it I have been through few experience including good and bad. In fact, I also faced few times of losses at the beginning of forex journey. Recently I have made $200 deposit and glad to see it turn to profit of a $600 within 6 month times. I think it should be okay, at least I got a consistency of performances with more profitable trades. I am working with mini account size and will stick on it. Besides, I did attended to several forex classes and pay some amount to add more valuable knowledge about forex. I plan to make withdrawal soon and would prefer Skrill payment method as it is the best and most efficient. Normally, I don’t have to queue for so long only less than 4 days to get all payment approval.
Author of Hotspot FX LLC: Hulamo | Date 2017-09-22
I've been trading with Hotspot FX for almost a month and it seems average at first because I don't experience freezing and the commissions are low. When I tried the withdrawal 2 weeks ago everything seems wrong. I had a withdrawal request amounting 82USD via Neteller and they replied that they are now processing the ticket request and will just wait for 2 days to be funded in my account but until now I am still waiting for my money. I've called several times and sent several mails. They always replied "we are trying, we are trying." But still no solution to it. I'm not sure if I'll be able to get it or not. So far it has been 10 days as to the day I requested the withdrawal and I was very very disappointed with this broker!!. Still can't get my money.
Author of Hotspot FX LLC: pipsingehpre | Date 2017-09-20
Hotspot FXi is honest and transparent broker who s run the first institutional model ECN. . I trade with Dealing City for the past 1 year and till now I am very please with their services, their trading platform and trading profit. My trading process have got faster and execution is impeccable and are spreads the lowest I have seen yet on EUR/JPY. I usually trade major pairs EUR/JPY, USD/CHF and I got profit almost $5000 monthly. I deposit and withdraw via Bank wire , and never had problems or had extra fees from the broker. And the most importantly my withdrawal usually take only 4 hours after I make the order. It is so easy guys. So I recommend the broker.
Author of Hotspot FX LLC: pipnoonabigos | Date 2017-08-28
Hotspot FX is one of good broker that become a trending now day, because their spread are competitive but still lower than many other brokers and many traders said that they are satisfied with the services and also the platform system that run fast and provide good signal. But in some forum, there are many negative comment about this broker customer support service that is assessed very worst. good trading system quality must also be balanced with satisfactory service. Because not all traders can face trade barriers, and they need to be helped by a friendly and competent team. So be a broker who has good quality in terms of system and service, so that clients are also comfortable and happy to trade until future.
Author of Hotspot FX LLC: Greenwichfx | Date 2017-08-26
This is one serious and honest broker. Since I started to trade with HostSpot my profit is increasing each month with the help of one EA. I deposited 7500$ , 4 months ago, and today I have a profit of 3500$ which is almost half of my deposit this is great. I spend many hours trading EUR/USD, USD/CAD, GOLD, SILVER, CRUDE OIL, different shears, after I discovered one EA I started to spend less time, but with more profitable tradings. Their platform works fast in execution, real time prices, 24 hours great support team. I like the fact that the broker is not manipulating the prices, and there aren't hidden commissions during withdraw process. I had also some bugs with the platform at the begging, when it didn't show the real price but the support team fix that in couple of minutes. I recommend the broker!
Author of Hotspot FX LLC: Sammy | Date 2017-08-04
My forex trading experience with Hotspot FX always has been good. Currently, I making money by use MT4 platform. This is very good online platform and I have made money easily more than $6000 so far and I have not any issue with their service, technical issue and money withdrawing. severally I have many Deposit and withdrawal. As my recent successful withdrawal request $5000 via Bank Wire within 24 hours. I Got daily transaction detail and monthly accordingly. I like them because they care about traders.
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