Welcome to our XtremeTH Review, where we investigate the website currently found at xtremetradehub.com.
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On May 20, 2023, a Georgia, USA person who reported losing $1215 left the following review with the BBB (Better Business Bureau) about a cryptocurrency scam:
I fell victim to a scam involving xtremetradehub.com and a trader named Susan Roberts. I initially invested $200 in Bitcoin through CashApp and sent it to xtremetradehub.com, expecting a 3-day duration for profits. However, the next day, I was informed that I needed to pay a signal renewal fee of $550 to continue gaining profits. I paid the fee and the following day was supposed to be the withdrawal day.
To my surprise, Susan Roberts informed me that I had to pay her commission before I could withdraw my profits. I reluctantly paid an additional $300. Each time I paid, I was assured that I wouldn’t have to pay anything else and that I would receive my profits immediately. However, I was then asked to pay $215 for taxes, with the promise of immediate profit release upon payment.
I paid the amount but only received two small increments of $10. I received an email stating that I needed to pay $500 to prioritize my withdrawal due to high traffic, ensuring that I would receive my payment within seconds. I refused to pay the $500, and now they claim they have no idea when I will receive my $1,558 in profits. It’s clear that xtremetradehub.com and Susan Roberts are scammers
They provided the following information regarding the scammer:
- Email: support@xtremetradehub.com
- Website: xtremetradehub.com
- Business name: Xtremetradehuv
So is XtremeTH found at xtremetradehub.com a SCAM?
XtremeTradeHub.com Review
The domain xtremetradehub.com was registered through Hostinger (that also provides hosting services for them) on March 16, 2023, for one year.
XtremeTradeHub claims to provide competitive and superior trading services for over 15 years. However, their website has been around for just over two months now.
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XtremeTradeHub offers a wide range of instruments across different markets, including
- Forex
- Crypto
- Indices: index CFDs
- Commodities: commodity CFDs
- Shares: share CFDs
XtremeTradeHub emphasizes the benefits of trading with them, including
- a variety of order types
- a true NDD/DMA (No Dealing Desk/Direct Market Access) environment
- allowance for scalping and hedging
- multiple account currency options
- tight spreads starting from 0 pips
- flexible leverage up to 1:200
- maximum fund security
- various deposit and withdrawal options for convenience
They offer a range of trading platforms, such as MetaTrader 4 and MetaTrader 5, and services like MQL5 Signals, Myfxbook Autotrade, ZuluTrade, and VPS hosting.
XtremeTradeHub offers bot trading options, including API integration and an Ultra Booster Tool that utilizes advanced algorithm technology for market analysis.
The platform offers a Pips+ Loyalty Programme to reduce trading costs for traders on Classic, Pro, and Optimum accounts.
XtremeTradeHub offers three main trading account types: Classic, Optimum, and Pro. Each account is tailored to specific trading styles and comes with different features and specifications:
Classic Account
- Minimum deposit: USD 100
- Tight spreads starting from 0.5 pips
- Minimum lot size: 0.01 lots
- No commission charged
- Leverage: Up to 1:200 for forex and metals
- Margin call/Stop out: 25/15
- Forex CFDs: 36 currency pairs
- More CFDs: Indices, Metals & Energies, Crypto, Shares
- Any Expert Advisors (EAs) permitted
Optimum Account
- Minimum deposit: USD 10
- Tight spreads starting from 1.5 pips
- Minimum lot size: 0.01 lots
- No commission charged (negative figure under ‘Commission’ in trade history)
- Rebate up to USD 2 per side, per notional amount of USD 100,000
- Leverage: Up to 1:1000 for forex and metals
- Margin call/Stop out: 25/15
- Forex CFDs: 36 currency pairs
- More CFDs: Indices, Metals & Energies, Crypto, Shares
- Any EAs permitted
Pro Account
- Minimum deposit: USD 100
- Tight spreads starting from 0 pips
- Minimum lot size: 0.01 lots
- The commission charged: USD 3.5 per side (USD 1.5 for high-volume traders, see Pips+), per notional amount of USD 100,000
- Rebate up to USD 2 per side, per notional amount of USD 100,000
- Leverage: Up to 1:200 for forex and metals
- Margin call/Stop out: 25/15
- Forex CFDs: 36 currency pairs
- More CFDs: Indices, Metals & Energies, Crypto, Shares
- Any EAs permitted
XtremeTradeHub also offers the Classic, Optimum, and Pro accounts for corporations.
FXEducation
FXEducation is an online education hub where XtremeTradeHub offers practical forex education without overwhelming theoretical content.
They have eight chapters covering various topics, from the basics of forex trading to more advanced analyses.
Traders can start with Forex: 101 for a comprehensive course or select individual chapters according to their needs and preferences.
Platforms
XtremeTradeHub offers various trading platforms to suit different preferences. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are popular choices, providing access to multiple markets and enhanced analytical tools.
They also offer mobile trading options for those who need to trade on the go and a web terminal for browser-based trading without additional software downloads.
Services
The platform has valuable tools to meet the demands of automated trading, such as:
- MQL5 Trading Signals: Traders can delegate their trades to experienced veterans by subscribing to MQL5 signal service.
- Myfxbook AutoTrade: This is an automated mirror-trading service operated by Myfxbook. Clients can subscribe to selected traders whose trades are automatically copied to their accounts, enabling them to mimic established traders’ strategies.
- Expert Advisors (EAs): FXEducation provides Expert Advisors with trading programs running on the MetaTrader 4 platform. EAs trade automatically based on predefined strategies.
- VPS (Virtual Private Server): A VPS is a virtual computer stored securely with a stable internet connection. FXEducation offers VPS services for clients engaged in automated trading. This ensures a reliable connection to trading servers, minimizing potential losses caused by poor internet connections.
MetaTrader
XtremeTradeHub uses the widely recognized MetaTrader programs to equip its clients with the best tools for global market trading:
- MetaTrader 4 (MT4): It is the most popular trading platform worldwide, offering a range of features for trading global markets.
- MetaTrader 5 (MT5): This platform is the bigger and more advanced version of MT4, providing enhanced analytical tools for traders.
XtremeTradeHub also offers mobile trading, allowing traders to stay connected to the markets even when away from their PCs. Mobile trading ensures that traders can access the market on the go.
Additionally, they provide a web terminal for both MT4 and MT5 users. The web terminal enables trading directly through a browser without downloading additional software. It offers universal access to trading activity, one-click trading, real-time quotes, and basic analytical tools.
Referral Programs
XtremeTradeHub offers referral programs to encourage clients to form profitable partnerships. The referral programs include the Refer and Earn program, where clients can earn by referring acquaintances through emails or social media platforms.
The Affiliate Program allows individuals and companies to receive payment for directing new clients to XtremeTradeHub.
The Money Manager (MAM) program enables competent traders to manage the funds of less experienced traders for an incentive fee based on performance.
Expert Advisors (EAs)
EAs are trading programs that run on the XtremeTradeHub MT4 platform and execute trades automatically. XtremeTradeHub offers a range of popular EAs with different strategies and instruments. Some of the EAs are:
1. CommodityRobot: This EA trades commodities such as Bitcoin, Coffee, Copper, Gold, Oil, Palladium, and Silver based on a statistical analysis of historical price changes. Developers provide unlimited support and offer free updates to the latest version if they improve the trading algorithm.
2. GPSForexRobot: This EA follows a scalping strategy and focuses on currency pairs like EURGBP, EURUSD, GBPUSD, and USDCHF. It opens a single trade with a high probability of closing profitably. If a trade closes with a negative profit, the EA opens a new trade in the opposite direction.
3. MegaDroid: This scalping EA performs well in calm market conditions and is most effective when trading EURUSD between 21:00 and 01:00 GMT.
About XtremeTradeHub
XtremeTradeHub claims to be an online trading platform that has been in operation since 2006. They pride themselves on being a pioneering broker and have built a strong reputation over the years.
XtremeTradeHub is allegedly regulated in Europe, Australia, Japan, the British Virgin Islands, UAE, and South Africa, which instills confidence and trust in its traders. However, no verifiable information regarding these regulations or addresses casts a heavy shadow over the claim.
Their claim of having over 300,000 registered traders globally is ludicrous, given that they have neither backlinks nor traffic.
Traders can access free live or demo accounts, benefit from award-winning customer service, and receive support whenever needed.
Their contact details include
- Company name: XtremeTradeHub Limited
- Address: 135 Charing Cross Rd, London, UK
- Another address: 16 Great Queen St, London WC2B 5DG, UK
- Emails: info@XtremeTradeHub.com & support@XtremeTradeHub.com
No telephone number is provided.
XtremeTH Reviews
According to hebertpark.com, while XtremeTradeHub.com appears authentic, it may be deceptive.
The website’s age is less than one year at the review time, and the operator is listed as Domain Admin.
Conclusion
Based on the information provided in the review and the reported scam experience, there appear to be serious concerns regarding XtremeTradeHub.com and its legitimacy. The review highlights a specific case where a person fell victim to a scam involving the website and a trader named Susan Roberts, resulting in a significant loss of funds. This raises questions about the credibility and trustworthiness of XtremeTradeHub.
Furthermore, the investigation reveals that the domain for XtremeTradeHub.com is relatively new, registered for only a few months. This short period of existence raises doubts about the company’s claim of having over 15 years of experience.
Additionally, the lack of information regarding their regulatory status and addresses and the absence of substantial online presence further raise suspicions about the legitimacy of XtremeTradeHub.
Considering the reported scam experience, the newness of the website, and the lack of transparent information, it is recommended to exercise caution and avoid investing with XtremeTradeHub.com.
If you are a victim of these scammers, please let us know by commenting below, and if you have lost a significant amount of money to online scams, do not lose hope. We can help you recover your funds!
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