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/10

Forex Hub

United Kingdom|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

https://www.forexhub.world/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
ForexHubLtd-Demo MT4
Server Location United Kingdom

Contact

support@forexhub.world
https://www.forexhub.world/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Forex Hub Ltd

Company Abbreviation

Forex Hub

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-02-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Forex Hub · Company Summary

General Information & Regulation

Forex Hub is a broker that offers trading in currency pairs, as well as precious metals through MT4 platform. The company behind the brand is Forex Hub Limited., registered in UK, which does not fall under any regulatory agency.

Markets Instruments

Forex Hub offers trading forex currency pairs, indices, commodities as well as precious metals.

Minimum Deposit

The minimum deposit for opening a basic account is as low as $100, which seems quite affordable for most regular traders. However, since Forex Hub is an unregulated broker, traders are not advised to register real trading accounts here.

Leverage

The maximum leverage offered by Forex Hub is up to 1:200. Unregulated brokers always offer generous leverage to attract traders. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads offered by Forex Hub is super wide, as per its official website. The spread on the Forex Hub platform is from 20 pips, almost twenty times the amount of most brokers offerings.

Trading Platform Available

Forex Hub offers its clients the most popular software in the forex industry – MetaTrader 4, available as desktop and mobile versions. The MT4 Terminal is a perfectly equipped and provides the all necessary tools and features to analyze price dynamics of financial instruments, make the trade transactions, and create and use automated trading programs (Expert Advisors).

Deposit& Withdrawal

Forex Hub does allow its traders to fund their accounts through various ways including: credit/debit card (Visa, MasterCard), bank wire transfer, and e-wallets Skrill, and Neteller, Bitcoin and WebMoney.

User Reviews

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User comment

3

Comments

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FX1348436520
more than one year
Have traded with this broker for three months, and I would not recommend Forex Hub as a trading platform. The PAMM account experience was extremely poor, and I consistently lost money due to the high spreads. The platform does not seem to have its clients' best interests in mind, and I would caution against using it for trading purposes.
2023-03-21 18:35
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0
0
FX1134818247
more than one year
Last year's withdrawal has not yet arrived, I know that these scammers must have run away with money, they must have changed their new numbers and mailboxes, and may even change their trading name to continue to deceive people...
2022-12-13 14:18
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0
0
微笑8814
more than one year
Very bad broker, they kept providing me unstable and wrong trading signals. When I withdrew the rest of my funds, they just stopped it and blocked my account. **** it!
2022-12-08 18:08
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