Hot Spot FX

Physical Address:
1375 Plainfield
Watchung, New Jersey 07069
Phone: (908) 322-9995
Domestic Toll Free: (866) 360-9995
www.hotspotfx.com

Hotspot FX provides its clients with a level playing field; one where all market participants, regardless of their size and nationality, have equal access to the world's most energetic, major market-foreign exchange.

Hotspot FX's services for their individual retail customers include direct high-speed anonymous executions, Real-Time instant markets that enable the client to either click and trade live prices, or enter bids/offers inside the current bid/offer spread; professional order execution/fills; leverage as high as 50:1; Real Time news and charting services.; a minimum account deposit of $7,500; and low transaction costs.

Hotspot FX's Spot Foreign Exchange Trading Platform is an online margin based currency trading software that provides clients with continuous tight streaming two-way multi-currency pricing engine; competitive 'Interbank' spreads and liquidity, and the ability to enter bids and offers. Minimum system requirement calls for a 266 MHz CPU, 128MB RAM, 50 MB free hard disk space and a 56 K modem, with the display settings at 1024 by 768 pixels.

Commissions: Trades are charged a commission per 100K units transacted.
Currencies Available For Trade: US Dollar, English Pound, Euro, Japanese Yen
Demo Available: Yes
Encryption: Yes
Fidelity Bond Insurance: Yes
Interest: Yes. Paid monthly according to the following:
$20,000-$49,000 0.75%
$50,000-$149,999 1.00%
$150,000-$499,999 1.25%
$500,000-$2,999,999 1.50%
$3,000,000-$9,999,999 1.75%
$10,000,000 and up 2.00%
Leverage: 50:1 (2%) on account balances up to $99,999
33:1 (3%) on account balances above $100,000
Minimum initial deposit for margin account: $7,500
Minimum Trade Size: 100,000 units of the base currency.
Regulated by CFTC: Yes
Traders Available: Yes
Trading Hours: Hotspot FX is open 24 hours a day from Sunday 6:00 PM EST in New York until Friday 4:30 PM EST in New York.
Note: Interest is paid on free balances and balances devoted to meet margin requirements. Balances that fall below the minimum requirement of $20,000 will not earn interest until they are brought above that level.