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
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.
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.