Trade Forex Trading

Forex Broker Ranking USA Based Forex Trading Broker Review

Below is a Forex review of online forex broker 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



Where is forex currency broker based

545 Washington Boulevard,
Jersey City,

New Jersey 07310,



Is 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

Provides two different execution methods:

Market Maker dealing desk execution of orders

ECN, Electronic Communication Network Instant execution of orders



What are the spreads of

The Forex broker spreads are:






1.0 pips


1.7 pips


1.0 pips


1.5 pips


Spreads may vary depending on account type and market volatility


Financial Instruments provided for trading by




What are the forex account types of online broker

  • standard account



Does 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

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


How is the withdraw and deposit process of

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



What is the minimum account opening capital for

Minimum deposit is determined at the time of account opening.


Does give an account opening deposit

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


What is the security and reliability of

What is the Forex broker ratings for security and reliability

HotSpotFx is regulated by NFA


Does accept forex scalping

HotSpotFx allows scalping trading on their STP/ECN Accounts.


Does 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 currency broker

FX trading interface

FX ECN trading interface


Is a MetaTrader 4 Forex broker does not provide metatrader4 software which is the best currency platform according to traders reviews.


Does 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 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.


Regulated Broker

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