Regulation The company is registered in the Lifesdream forex broker, and is registered with CFTC. It is a member of the NFA. Hotspot FX which is one of the prime brokers brings the powerful benefits of an independent, transparent ECN marketplace structure to institutional foreign exchange trading. These benefits include full depth-of-book view, centralized price discovery, direct and anonymous market access, instantaneous trading on live, streaming prices and robust real-time pricing, benchmark, and reference data.
These capabilities and other Hotspot FX features were revolutionary when first introduced and they continue to set the Hotspot FX marketplace apart from other platforms. Hotspot FX’s electronic foreign exchange marketplaces offer benefits to foreign exchange traders, which has resulted in its growth into the top rank of FX multibank platforms. Residence, Regulation, and Company Management Structure: hotspot fx broker is registered in the US, and is registered with CFTC. An office address is given, with its address is indicated. The managers of company and its basic subdivisions are given, and their personal e-mails are mentioned. Company’s Market Position: The company describes itself as client-to-client and bank-to-client – ECN.
Types Services Offered: hotspot fx forex trades major currencies, its but list of instruments, on the site wasn’t discovered. Information about basic term-of-trades is placed mainly in the FAQ. The minimum size of lots is made by 100000 units of trading currency. The size of credit leverage is determined by the size of initial margin and depends on the size of daily volume trading deposit.
Traders Support: The general strategy of hotspot fx trading in organisation of its support of clients consists of readdressing of other companies. There is no page, for beginners, on the site. There a text document, describing the principles of Forex and the services of an “On-line Trading Academy” are offered – for the study of the fundamentals of trading. Fundamental and analytical mt4 is out of contact and not available.