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Hotspotfx.com USA Based Forex Trading Broker Review

Below is a Forex review of online forex broker Hotspotfx.com. Hotspotfx.com broker is based in the USA. Below is a list of the most common review questions that traders ask about this online forex broker.

Hotspotfx is owned by Knight Capital Group

 

Forex Broker reviews - Forex Reviews of Hotspotfx.com

 

 

Where is Hotspotfx.com forex currency broker based

545 Washington Boulevard,
Jersey City,

New Jersey 07310,

USA.

 

Is Hotspotfx.com a licensed and regulated Forex broker

Review details of the license, registration and regulation of this FX broker can be found on the brokers’ website.

 

Regulated by:

Financial Industry Regulatory Authority, FINRA

National Futures Association, NFA

 

 

What is the execution method of Hotspotfx.com

Provides two different execution methods:

Market Maker dealing desk execution of orders

ECN, Electronic Communication Network Instant execution of orders

 

Forex Brokers Ratings - What is the Ranking of this Broker

The forex broker rating of this broker can be found on this forex brokers comparison listing:

 

What are the spreads of Hotspotfx.com

The Forex broker spreads are:

 

Spreads

Currency

Spread

EURUSD

1.0 pips

GBPUSD

1.7 pips

USDJPY

1.0 pips

USDCHF

1.5 pips

 

Spreads may vary depending on account type and market volatility

 

Financial Instruments provided for trading by Hotspotfx.com

Currencies

Metals

 

What are the forex account types of Hotspotfx.com online broker

  • standard account

 

 

Does Hotspotfx.com broker have Islamic Forex Trading Accounts

No, HotSpotFx does not have swap free Islamic Trading accounts.

 

What are the terms for demo trading accounts for Hotspotfx.com

$100,000 dollar demo trading account is provided for currency practice trading.

 

How is the withdraw and deposit process of Hotspotfx.com

Withdraw and deposit methods are provided once the trader logs in into their trading account area.

 

Recommended Forex Broker

Takes 4 to 6 weeks to open an account, open early: Read The Article "Account Opening Procedure"

Choose the Top Forex Broker: Read The Review "Top Forex Broker Review"

 

What is the minimum account opening capital for Hotspotfx.com

Minimum deposit is determined at the time of account opening.

 

Does Hotspotfx.com give an account opening deposit

No, HotSpotFx does not give an account opening deposit bonus.

 

What is the security and reliability of Hotspotfx.com

What is the Forex broker ratings for Hotspotfx.com security and reliability

HotSpotFx is regulated by NFA

 

Does Hotspotfx.com accept forex scalping

HotSpotFx allows scalping trading on their STP/ECN Accounts.

 

Does Hotspotfx.com give free trader education to currency traders

This broker does not provide learn currency trading education for learn trading online.

 

What are the trading platforms of Hotspotfx.com currency broker

FX trading interface

FX ECN trading interface

 

Is Hotspotfx.com a MetaTrader 4 Forex broker

Hotspotfx.com does not provide metatrader4 software which is the best currency platform according to traders reviews.

 

Does Hotspotfx.com allow automated forex trading

The broker automated trading policy on automated forex trading is:

 

HotSpotFx trading interface platform does not provide automated forex trading integration.

 

What are Hotspotfx.com broker website sections

The website sections of this trade broker are:

 

Forex Trading Accounts Section: where currency traders will find information about forex accounts such as demo practice account and live accounts provided by this currency broker. Traders wanting to start trading can open an account from this section.

 

Contact Section: there is a section of contacts for this fx trading broker, where an fx trader can contact this online broker.

 

Forex Trading Platforms Section: this section provides currency platforms where a trader can choose one for trading online.

 

Market data, currency pairs and metals trading section and ECN trading section for information about ECN and STP trading execution.

 

Takes 4 to 6 weeks to open an account, open early: Read The Article "Account Opening Procedure"

Choose the Top Forex Broker: Read The Review "Top Forex Broker Review"

Regulated Broker

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