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Does anyone have experience with Hotspot FX?
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Does anyone have experience with Hotspot FX?

  #1 (permalink)
Elite Member
Michigan
 
Trading Experience: Intermediate
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TraderDJB's Avatar
 
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Does anyone have experience with Hotspot FX?

I searched the forum and there isn't any discussion on Hotspot FX. Does anyone have experience with them and how do they fair? Presently, I use Interactive Brokers for Forex.

Thanks guys!

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  #2 (permalink)
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Lagos, Nigeria
 
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TraderFX View Post
I searched the forum and there isn't any discussion on Hotspot FX. Does anyone have experience with them and how do they fair? Presently, I use Interactive Brokers for Forex.

Thanks guys!

TraderFX,

I did demo with HotspotFx for sometime. Just when I wanted to sign-on for LIVE account, they stopped retailers/individual account business and do only Institutional accounts. Go here to see the details. Minimum deposit is $1m. In any case, I don't want to trade FX anymore.

Lolu

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  #3 (permalink)
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Michigan
 
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Right, I discussed their minimum with them and they mentioned that their partner banks offer accounts that use hotspot for a minimum of 100k.

I'm just curious, now that you don't trade FX, what do you trade now, futures?

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  #4 (permalink)
Elite Member
Lagos, Nigeria
 
Trading Experience: Intermediate
Platform: NinjaTrader, SierraChart
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Posts: 2,447 since Jun 2009
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TraderFX View Post
Right, I discussed their minimum with them and they mentioned that their partner banks offer accounts that use hotspot for a minimum of 100k.

I'm just curious, now that you don't trade FX, what do you trade now, futures?

Yeah, futures.

I'm preparing to open a LIVE account and considering Mirus, SweetFutures, or FuturePathTrading.

Lolu

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  #5 (permalink)
Elite Member
Michigan
 
Trading Experience: Intermediate
Platform: NinjaTrader, TradeStation, Thinkorswim
Broker/Data: MB Trading
Favorite Futures: Forex
 
TraderDJB's Avatar
 
Posts: 46 since Jan 2010
Thanks: 7 given, 28 received

Thanks for the info. I've not really looked into futures that much, but there must be something to them! (I've read that they're supposed to be the easiest to automate, and that 90% of that market is mechanical.)

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