The platform is operated by Quantum Trade Hub LTD, which is authorized and regulated by the Union of Comoros Offshore Finance Authority. According to the official website, the firm aims to provide users with an “ethereal trading experience” combining robust security and advanced technology. However, the company does not disclose its founding date, office address, or other details.
How much can you trust this project? Is it reliable? We will examine all aspects of the broker in detail in our X5pro.com review so that you can understand whether it is worth trading with it.
How to Trade
The brokerage firm claims an “innovative web platform” that is custom-built and available on Android/iOS. Clients have access to the following features:
- 5 tariff types.
- 6 instrument classes, including crypto and metals.
- Over 16,000 assets.
- 7.6% interest on account balance.
- Leverage from 1:100 to 1:400.
- Minimum deposit from $500 to $150,000.
The intermediary offers clients the opportunity to take advantage of “standard swaps and spreads.” However, the exact amounts are not disclosed.
The firm allegedly conducts transactions through a third-party liquidity provider. However, this partner is not mentioned on the firm’s website.
X5pro.com Vital Info
The website’s “About” section does not contain information about the project. We found only three rave reviews from UK customers and a presentation of the broker’s benefits on this page. How long has the platform been running? According to the date of domain registration, this resource has been functioning only since July 2024.
We decided to find out what is going on with the registration of a company managed by the legal entity Quantum Trade Hub LTD, registered in the Comoros Islands. We checked the MISA registry and confirmed that such an entity was indeed registered on July 17, 2024. Moreover, the license number BFX2024143 matches the one listed on X5pro.com and this site is the official resource of this company. However, the presence of regulation from the offshore commission MISA does not give any guarantees to traders.
This is an ordinary broker, the most mediocre company of which there are many on Forex, nothing is exciting and nothing unique about this firm. X5PRO.COM is registered offshore, that is where 90% of similar companies are registered. Spreads are average here, you can find somewhere lower and somewhere higher. The terminal is the most standard Web Trader, the intermediary promises MetaTrader 4, but for some reason only to those clients who make a very large deposit. Typical deposit and withdrawal methods in crypto. Typical additional functionality is available at X5PRO.COM, but I will note once again that there is nothing unique and really interesting about the service. The broker does not provide any innovations, although it promises it in the self-presentation. I don't know how this firm plans to capture the market and gain clients, as no one will go to trade here with a minimum deposit of 500 dollars, unless by recommendation. In general, this is an ordinary forex company without frills.
I can only point out one good offer from the broker - it's MT4 platform, but to work on it you need to deposit $150k into x5pro.com account. So, there is no use of this offer, as you have to deposit such a huge amount of money to a little known and insecure brokerage company located offshore. There are no guarantees here. As I have already said, the only plus is in the trading platform, and even then, considering the minuses here in terms of reliability, this plus has absolutely no role and does not matter. I commented on the trading conditions at x5pro.com in order to warn newbies that they should not cooperate with such firms.
The conditions here are the most favorable of all the companies I have ever traded with. I believe that I can confidently call x5pro.com one of the best in the forex market. Although I have not traded in many places, of all the brokerage companies I have worked with, this one has the lowest and most favorable spreads and commissions. I am not going to lie to you, this is really true. I paid less than half the commission here of what I paid for the same period with another broker. You can imagine that when I start trading with 10 times the volume at x5pro.com, it will be a huge savings!! This firm does not charge transaction fees. There are virtually no costs on this platform. You don't have to pay for online quotes, terminal access, account maintenance. It is possible that you will need to pay inactivity fees. To be honest, I have not studied the user agreement thoroughly, so some commissions may need to be paid, but I do not see these amounts in my account. There hasn't been a day that I haven't traded with x5pro.com!!!
This is a fake broker, a decent broker wouldn’t look so shabby. A good broker, even if it is registered in Comoros, should have additional branches in good jurisdictions where it has all the strict and necessary licenses. For example, this includes licenses from CySEC, FCA, BaFin, ASIC. Companies working under the control of such financial commissions are reliable, you can use their services at least for trading small amounts of money. However, x5pro.com has no license, no branches and representative offices in good jurisdictions, and the legal address is in Comoros - this is one of the most unreliable and fraudulent jurisdictions. You can open a company there very easily, you don't need to invest a lot of money in registration and licensing. And then you can deceive people as easily as x5pro.com does.
Bastards! Scammed me like a baby :( I lost 2,417 euros and I realize that I will not get my money back!!!! I want to warn other newbies: don't make stupid things.....
I will give you a piece of advice: don't invest your money here to avoid losing it. I advise you not to trade in offshore companies, from all sorts of St. Vincent and the Grenadines, Seychelles and Comoros and other states in the ocean. My girlfriend decided not to listen to me, of course, why listen to someone who has been trading since 2012 and making a living at it!!!? She invested money in x5 pro.com which is a clear representative of the crooks from all the garbage offshore brokers. And of course she started complaining to me that she can't withdraw the money now in any way. She sent the amount she managed to earn first, a little over 0.0023 BTC, but nothing arrived in her cryptocurrency wallet. Then she submitted a withdrawal request for the remaining deposit, as she realized that she had made a mistake, and she expected that maybe she could get back at least her invested funds from x5 pro.com. However, she didn't! I told her: forget about the money, it's a scam, the crooks will never get it back, but she still hopes for a refund. So I'm telling you all: don't dare to trade in such pseudo brokerage companies as x5pro.com, so that the same story does not happen to you.
The trader I know lost over 12,000 dollars here. Now he is trying to use a chargeback, but there is no chance - his money went to an individual's card and was converted into cryptocurrency.
I got into a scam... I don't know how to withdraw my funds, 0.0316 BTC... Apparently, this platform was launched by scammers with great experience... Scammers not only know how to swindle money from simpletons like me, but they also cleverly cover their tracks...
Hello. Withdrawals are apparently not working at x5pro.com. As I understand it, it's a scam company, because I've been waiting for my money to be withdrawn for over a week now, but it's not coming to me. I don't even know what else to say. I tried to get in touch with them, but their chat is switched off, their phone is out of order, and no one has answered my e-mail. So, I urge everyone - be careful, better find another broker, because x5pro.com is run by a group of scammers and illegals who stole $500 from me. I would like to warn you against depositing with x5pro.com with this review.
Very cool conditions and opportunities at X5PRO.COM, but where is the British license????? The company offers interesting and cool trading conditions: low spreads, 16000+ assets, adequate commissions, modern terminal with a bunch of features, passive income! However, I did not like the fact that the company does not have any European license. I find this very strange, as any broker tends to get regulated in a European country because it increases the level of trust from traders. Anyway, X5PRO.COM is a cool broker with cool features, but I can't open a brokerage account here yet because this company doesn't have a license. I'd like them to get regulated, then it would be a green flag for me that I should invest, that I can trade and so on. But for now I am standing aside. Those who like to take risks can try to start working with X5PRO.COM without a license. However, $500 is too high a fee to test an unregulated platform that is 99.9% scam.
I have known this company for a long time and my impressions from cooperation with x5pro.com are only positive :) This company was created for serious traders, no tricks in the form of various bonuses that you will never work off on profitable transactions, this broker has many advantages. This broker has many advantages. Support at x5pro.com works quickly, withdrawal requests are processed on the day of submission. Another plus is a convenient client cabinet, where you can perform all operations on the account. There is an excellent offer for passive income: 7.6% accrual on the account balance, even if your money is already in the process of transaction in the terminal. In short, I rate the work of this intermediary at 5 points for all trading conditions.