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 offer a very good service, their reputation is also good. The users learn a lot about trading and about forex from their good program, which was Demo Account, very suitable for everyone as a newbie trader. HotSpot’s Demo Account was good to practice and this helps a lot. In fact is no difference between demo accounts and real accounts, which the difference is that there is on deposit only, so all the users have learned with the demo, they apply into practice trading in real account.
Hotspot is best broker when it comes to tight spreads. Their software is great. Moreover, Hotspot has user-friendly and easy to master. Their support and service are systematic. To sum up, Hotspot is a legitimate broker and truly one of the best.
Hotspot is simple to use, great account types. Platform is executable and contains a wide set of analytical tools such as charts, indicators and graphic facilities. The support team is very accommodating.
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