Hotspot FX Forex Broker – Overview and Information Hotspot FX

Forex broker Hotspot FX was established in 2000 as a broker to work in online foreign exchange over-the-counter markets. Forex Hotspot FX broker is a structural unit of Knight Capital Group, Inc. Having obtained a registration certificate in the USA in 2001, the broker is one of the few dealing centers authorized to provide its services to traders from the USA. This fact increases the reliability of the company, as the regulation in the U.S. imposes quite serious restrictions and obligations on companies engaged in the financial markets. The full range of services is available to both individual clients and institutional investors. The NFA license is a confirmation that the broker does not have an offshore regulation, but one of the most reliable. The company’s head office is located in New York, and the company has no representative offices in Russia.

Hotspot FX works on the ECN model, moreover, the broker is the creator of the first of its kind institutional model of ECN, called ECN Hotspot FXi. The minimum deposit required to start working with a broker is 7500 dollars, this circumstance automatically sifts out beginners in the foreign exchange market and inexperienced traders, leaving a place mainly for market professionals. The advantages of trading with Hotspot using ecn technology are centralised pricing, instant online execution of trade orders, direct and secure access to the market, all necessary financial and market information, including reliable data on current market liquidity flow prices. Clients have access to a variety of strategies, including scalping, and a variety of tools, including stocks and precious metals.

Hotspot FX has won numerous awards such as Best Trading Platform for Hedge Funds, Best Trading Platform and Best professional e-trading venue. To get acquainted with the broker in more detail, we advise you to read reviews about the company at the thematic forums.