Few new brokers today are willing to develop fully-fledged websites and offer an attractive range of services. The X5pro.com review is about one such platform where traders are promised innovative trading, one of the industry’s best terminals, and guaranteed security. Additionally, traders are offered 7.8% returns on the total balance in their accounts. This all sounds highly appealing. However, a reasonable question arises: Can the company fulfill these commitments? Or are they just bait for clients, making the project another scam? We sought to find out, and the results are below.
Key Features
- Company Name: Quantum Trade Hub LTD
- Website: https://x5pro.com/
- Available Contacts: [email protected], [email protected]; +447418375829
- Foundation: 2024
- Services: Forex/CFD trading
- License: None
- Initial Deposit: $500
From Sign-Up to Payout
The official website of X5pro.com is genuinely impressive. The developers demonstrated their ability to create complex projects, with virtually no errors in structure or functionality. The design is well-executed, featuring a harmonious blend of text and visuals across its informational blocks.
However, the reasons to praise the creators of this web resource end here. A closer look at the content revealed its informational inadequacy and utter uselessness:
- None of the pages provide traders with the necessary information. The content consists solely of general texts filled with exaggerated praise for the broker. For example, the Margin & Leverage page lacks data on initial and minimum margin or maximum leverage for different assets. Instead, it discusses how wonderful and easy trading with leverage is on X5pro.com.
- Even on the Support page, the company limits itself to email addresses and a phone number. No office postal addresses or links to social media are provided.
- Links to download mobile and desktop applications redirect to WebTrader. There is no other software, despite four separate pages and multiple infoblocks on the homepage devoted to these “applications.” The reason for this redundancy is unclear.
- Bitcoin is the only available deposit method.
That said, there are no issues with the registration process. After completing a basic initial form, clients are asked to provide full personal details, including residential addresses. However, contact verification is not conducted, and users can deposit funds and start trading even without completing verification.
Overall, our initial online interaction with X5pro.com was disappointing. Licensed companies typically strive to provide maximum useful information and ensure full compliance with laws and regulatory requirements. However, the owners of this platform appear to have their own approach to client relations.
Our Trading Experience With X5pro.com
As mentioned, the broker extensively promotes its trading platforms, promising mobile and desktop applications. In reality, only WebTrader is available for trading.
To be fair, the terminal is clearly original — we haven’t seen similar software among brokers before. Features like copy-trading, a straightforward order placement mechanism, and an extensive list of instruments (the broker claims over 16,000) are likely to appeal to new traders.
However, the platform has several drawbacks:
- No multi-chart functionality. Traders managing multiple assets must load charts sequentially, wasting valuable time.
- Limited graphic analysis tools. Users can only draw a few lines and price levels, making it difficult to implement many trading systems effectively.
- A subpar selection of indicators compared to industry-leading platforms. Unlike competitors, X5pro.com’s software lacks built-in tools for extending functionality.
- No algorithmic language support means traders cannot create automated bots, rendering algorithmic trading impossible.
While the platform is original, it is far from being the best trading software. If it was indeed developed by X5pro.com, the administrators of the trading servers could theoretically alter its operation at will.
Notably, the account type table claims that all clients will have access to the MT5 terminal, regardless of the account they open. As we’ve seen with many brokers, “promises” don’t always translate into actions. This company also seems to view honesty as optional in trader relations.
The account table on the website is worth examining. X5pro.com offers five account types:
- Lunar. Minimum deposit of $500; leverage up to 1:100.
- Eclipse. Minimum deposit of $5,000; leverage up to 1:200.
- Aurora. Minimum deposit of $25,000; leverage up to 1:400.
- Interstellar. Minimum deposit of $100,000; leverage up to 1:400.
- Galactic. Minimum deposit of $150,000; leverage up to 1:400.
Surprisingly, critical trading conditions, such as spreads and swaps, are nowhere to be found. The site merely mentions discounts for certain account types. Trading commissions are also undisclosed.
Additionally, the website footer states that all orders are executed through an external liquidity provider. It’s unclear how the broker can offer spread discounts in such a scenario. This seems to be a deliberate attempt to mislead clients.
Such inconsistencies are common across the site. For instance, while the Lunar account specifies a $500 minimum deposit, the FAQ section claims the minimum deposit is $250. Which page should clients trust?
Another puzzling claim is the promised interest rate of 7.8% on account balances. If the company does not have access to client funds or use them for its own purposes, where does the profit come from? If these funds are being used, how can safety be guaranteed?
We suspect that the broker cares little about the specific amount a trader deposits, as long as the Bitcoin wallet displayed in the client dashboard is funded. After that, the project’s owners likely find more “profitable” uses for the funds — uses that clients would not appreciate.
The Reality Check
X5pro.com managers promise potential clients the moon: safe trading, quick earnings, and substantial profits. Of course, this sounds far more appealing than the potential complete loss of funds sent to the company’s accounts. To evaluate these claims, we analyzed the official information about the broker.
The website footer claims X5pro.com is owned by Quantum Trade Hub LTD, operating under license BFX2024143 issued by the Mwali International Services Authority (MISA) in the Comoros Union. These details have been confirmed.
The regulator’s data even confirms that the x5pro.com website is owned by the company. This suggests that we are dealing with a regulated broker. However, not everything is as promising as it seems:
- MISA’s license is not recognized even by the Central Bank of Comoros. The regulator claims that MISA has assumed the authority to issue licensing documents without any legitimate basis.
- Over a hundred companies that received such licenses in 2023 did not renew them in 2024. Additionally, nearly 50 of these companies are already undergoing license revocation procedures. This indicates that the majority of MISA “licensed” brokers are scams.
- The regulator imposes virtually no restrictions on the activities of firms. There are no leverage caps, bonuses are allowed, and there’s no distinction between retail and professional traders. Essentially, there is no genuine regulation at all.
Holding such a license seems like a mere formality. For instance, X5pro.com has not even provided an address in the Comoros Union, preferring to take calls via a UK mobile number.
Interestingly, the broker’s Terms & Conditions list the countries whose residents and citizens they do not serve. However, neither the EU nor the UK are included. As we know, regulators in these jurisdictions take broker services for their citizens very seriously. By operating without local licenses, X5pro.com is violating laws in these regions. Additionally, the absence of KYC and AML policies among the platform’s documents is another compliance violation.
Thus, while the broker cannot be said to operate entirely without a license, possessing a MISA license does not legitimize its activities, particularly within European countries or the UK. Clients’ rights and interests with X5pro.com remain virtually unprotected. The decision to risk working with this company is up to each trader.
How Long Has X5pro.com Been in the Game?
The licensing information is perhaps the only official detail the broker has shared with its clients. There is no mention of the firm’s founding date on its website. However, this is not a problem for us, as we can verify the platform’s age using the Whois service.
Unsurprisingly, Whois data shows that x5pro.com was registered only at the end of July 2024, which coincides with the time the broker obtained its license. This means the platform has been operating for just four months. Experienced traders understand that this is insufficient time to build a solid reputation, which is why they approach such companies with caution.
Extra Fraud Indicators
We wouldn’t mention signs of fraud if we hadn’t accidentally uncovered a rather interesting fact. It turns out there were virtually no reviews about the company online until just two days before we wrote this review. Then, five glowing comments suddenly appeared on Trustpilot.
For over three months, users seemingly had nothing to say about the platform’s activities. Then, out of the blue, five clients decided to praise it on the same website on the same day. Do you believe that? We don’t. Something tells us the company commissioned and paid for these publications. Especially since we found several X5pro.com reviews on niche sites, all of which unanimously labeled the broker a scam. Clearly, the project’s owners decided to artificially boost its reputation.
Is X5pro.com the Right Fit?
From our X5pro.com review, the conclusion is clear: this company does not deserve traders’ trust. Yes, it holds a license, but the same license has been issued to nearly two hundred scam projects. The document imposes no restrictions on the broker’s activities and does not protect client interests. Furthermore, the broker conceals complete trading conditions. It uses a proprietary but poorly designed platform. Deposits are accepted exclusively in cryptocurrency. All of this makes the risks of working with this company extremely high. The probability of losing your invested funds is close to 100%. Those looking to preserve and grow their capital are better off finding a more reliable broker.
Has anyone managed to withdraw even a single cent from X5pro.com? I submitted a withdrawal request, and it’s been three weeks with no success. I’ve reviewed the company’s documents and scoured forums, but there’s hardly any information about this broker (actually, none at all). There are a couple of posts from people complaining about similar issues. Are there any real clients of this platform here? Can someone explain if I’m doing something wrong or missing something? My $5,000 is stuck in limbo. Is this another offshore scam?
Hi Georg Savanger,
Firstly, I’m sorry to hear that your money got stuck. We truly need to be cautious with these brokers. I almost fell for one today, but my intuition kept urging me to do thorough research and trust my instincts.
Years ago, I was unfortunately scammed twice by platforms and marketers who were only focused on earning commissions rather than safeguarding the interests of investors.
Thank you for sharing your post and research—it’s incredibly valuable and will undoubtedly help others avoid falling victim to similar scams.
Best regards,
Emmanuel