Should you trust a company promising innovative tools and “zero” commissions but registered offshore? Or is it just another scam broker disguised as a reliable financial partner? What’s behind the fancy words? Today, we’ll take a closer look at X5pro.com to see if it’s trustworthy or best avoided.
Highlights
Official Website | http://x5pro.com/ |
Company Name | Quantum Trade Hub LTD |
License Status | Yes (MISA) |
Account Types | Lunar, Eclipse, Aurora, Interstellar, Galactic |
Demo Account | None |
Assets Offered | CFDs |
Leverage | 1:400 |
Trading Platform | WebTrader |
Deposit Methods | Crypto |
Withdrawal Time | Up to 5 business days |
Affiliate Program | None |
Key Trading Features
Many illegal brokers operate the same way — they offer a range of pricing plans based on the principle that “better plans come with better terms and a wider range of services”. X5pro.com follows this pattern exactly. The firm provides a choice of five plans: Lunar, Eclipse, Aurora, Interstellar, and Galactic.
The minimum deposit is relatively high at $500. For this amount, entry-level clients receive minimal services: leverage of 1:100, standard spreads and swaps, 24/7 customer support, analytics, and trading hints. The second plan requires $5,000, offering only slightly better terms — leverage of 1:200, a 15% discount on spreads, and access to MT5.
Additionally, the company promises zero trading commissions while not disclosing spread sizes. This raises serious red flags. First, commissions are a primary revenue source for brokerage platforms. Second, if there’s no commission, the spreads must be huge. Third, the most likely scenario is that the broker profits when clients lose money. This is a clear conflict of interest.
Overview of Available Trading Instruments
X5pro.com provides access to all major classes of financial markets:
- Forex.
- Stocks.
- Stock indices.
- Commodities.
- Metals.
- Crypto.
Clients can trade a variety of currency pairs, including exotic ones. However, the selection of cryptocurrencies is limited, mainly to older altcoins like LTC, XMR, ADA, DOT, and others. It appears the company isn’t keeping up with the cryptocurrency market, as popular assets like SOL, SUI, PEPE, and DOGE are missing. The commodities market is broadly represented, with assets like gas, platinum, palladium, and more. The stock market is also diverse, featuring hundreds of stocks and major indices.
Trading Platform Analysis
For trading and chart analysis, the broker offers a basic web platform. However, X5pro.com misleads by claiming to provide versions for Android/iOS and computers. In reality, their platform has no official apps but is merely optimized for mobile browsers, which generally lack the optimization and features of dedicated mobile applications.
The platform’s functionality is extremely limited. Only basic indicators are available, and traders have no ability to upload custom tools. Technical analysis options are restricted to levels, lines, and Fibonacci tools — nothing advanced or particularly useful. The X5pro.com terminal clearly falls short compared to modern, popular platforms.
Additional Services
To attract new clients, X5pro.com not only promises enticing terms and pseudo-benefits but also offers additional services. Clients have access to an experienced analyst, trader, and personal manager. Additionally, the platform provides training courses, with risk management planning and VIP events available depending on the chosen plan.
Fee Structure
X5pro.com lacks transparency when it comes to fees. While the broker claims there are no charges for trades, it provides no details on spread sizes. Why aren’t the spreads listed? Furthermore, the firm notes that deposits may incur third-party fees, specifically blockchain fees, as it only accepts cryptocurrency deposits. The exchange rate from cryptocurrency to USD is also set by the platform, which could result in unexpected surprises in the form of unfavorable rates.
Legitimacy of X5pro.com
This platform is owned by Quantum Trade Hub LTD, a company registered in Comoros. We checked the MISA registry, which oversees forex dealers in this jurisdiction, and indeed, a company by this name exists, with an official website at X5pro.com.
Brokers registered in the Comoros and licensed by MISA immediately raised suspicions. Regulation in this jurisdiction is minimal, with the most basic requirements for companies, allowing them to operate with almost no restrictions. Such a license doesn’t protect traders the way licenses from serious regulators like the FCA or CySEC do. If a broker decides to “shut down” and disappear with your money, there’s no one to hold accountable.
Company History
The broker did not specify when it began servicing traders. However, the website’s content clearly boasts extensive experience and reliability, even mentioning 46,000 daily trades on the platform. The legal registration date with MISA is July 16, 2024, and by checking the domain registration date through a special service, we found it was registered on July 29, 2024. So, all claims about experience and high trade volumes are lies. X5pro.com is trying to create an illusion of success and a large business.
Conclusion
This firm appears to be a typical scam broker operating on a well-worn fraudulent scheme: enticing conditions, offshore registration, and lack of a legitimate license. Everything indicates that trusting this company is risky — working with them can only lead to losses. Avoid X5pro.com and protect your funds.
Weighing the Pros and Cons
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The firm is officially registered with MISA.
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Lacks a license from a serious and reputable regulator.
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A young company with no experience.
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No reliability guarantees.
Common Questions
Why do companies offer zero commissions, and what’s the risk in that?
An offer of zero commissions may seem attractive, but it often conceals hidden fees, inflated spreads, or other ways to profit from clients. If a broker promises free trades, it’s essential to carefully review the other conditions to understand how the company makes its money. With questionable brokers, this often means their real goal is not to help you earn but to profit from your losses. This is exactly how X5pro.com operates.
Why do companies register in offshore locations like the Comoros?
Offshore zones like the Comoros attract companies with minimal licensing requirements and a lack of strict oversight from regulators. This allows such firms to avoid serious obligations in terms of client protection and fund security. For traders, this means offshore companies can operate almost unchecked, increasing the risk of encountering fraud and the inability to recover invested funds.
These are vile scammers who stole $3K from me. Here’s the situation: I invested money here, thinking it was a legitimate forex broker where I could trade CFDs and earn money. However, it turned out to be a fake company that simply took my money for themselves. I don’t know what else to think, but these scammers outright deceived me and won’t let me withdraw a single cent back. You should know about this X5PRO scam!