Let other traders know if this service is worth checking or should be avoided.
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Sep 28, 2007,
I have been tradeing live with HOT SPOT for a short time and I am already very satisfied. If you are a new trader you may not understand why the professional forex traders all trade with HOT SPOT due to the platform not filled with bells and whistles as market marker brokers such as cmsfx. But trust me... market makers make their platforms appealing to new traders so they will trade with them and loose all their money. HOT SPOT is an ECN broker with pip spread usually 1 pip for pound dollar and a very small comission. Liquidity is always gushing, so dont worry about getting filled at news time. If you dont understand the platform just call them and they will go over it for you. By the way, they do have a stop loss.
Sep 7, 2007,
Having good time with the company, real ECN, good liquidity. Stable server all time and quick fill even in news time. But the platform is not very user-friendly, no commission charge information, and might not be very transparent in rolling and charges. Anyway having good experience with this company and I rate it 4 stars.
Aug 27, 2007,
I am with Hotspot for 6 months. Everything is 5 star quality
May 21, 2007,
This Broker is far one of the best on the market. Very good spreads. Only $3 fee per $100,000 traded. Very good customer support, honest and a good background. I am going with them since January and I noticed what means a real ECN, few money lost but plenty earned with a good strategy. No one is playing against you like others.
Mar 24, 2007,
This platform or ECN is by far the best out there (as well as currenex). The fills are superfast and there is no dealing desk intervention. No one knows who you are as you are anonymous on the system. Its brilliant! Well done hotspot. By the way this company was put together by billionaire forex trader joe lewis and is now owned by knight capital. If its good enough for joe its good enough for me.
Feb 20, 2007,
I have been trading with them for quite a while. Trading platform not bad, although sometimes during the news, prices disappear not to mention you cannot place stop loss orders.