Wealth Hub Pro is a Contract for Difference (CFD) broker whose official website domain was registered on December 19, 2023. The broker mainly provides investment services in trading markets such as foreign exchange, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries and regions where doing so might violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to the information on Wealth Hub Pro's website (wealthhubpro.com), the broker was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). Apart from this, the broker does not disclose corporate registration details and regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) does not have records of a regulated company named "Wealth Hub Pro."
Therefore, Wealth Hub Pro (wealthhubpro.com) is essentially a scam brokerage website that lacks both corporate entity and regulatory oversight.
Account Opening Process
To open a trading account with Wealth Hub Pro, visit their official website, click "Open Account" on the homepage or "SIGN UP" at the top right corner of the page to enter the registration page. Fill in the requested personal information such as your name and email address, set a login password, submit, and verify your account to complete the registration.
Trading Instruments:
Wealth Hub Pro offers clients a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculators to bet on the performance of entire markets or specific sectors without trading individual stocks. By exploring popular indices, one can uncover diverse trading opportunities and leverage to magnify potential returns.
- Commodities: Commodity trading covers essential global market resources, enabling traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to profit from public companies' stock price fluctuations and dividends based on company performance without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts opportunities to profit from highly volatile assets.
Investment Plans
Wealth Hub Pro offers four different types of investment plans: STARTER, PREMIUM, VIP MEMBERSHIP, and FOREX SIGNAL SUBSCRIPTION.
STARTER:
- Minimum Deposit: $500
- Minimum Expected Profit: $3,500
- Maximum Expected Profit: $5,000
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
PREMIUM:
- Minimum Deposit: $1,500
- Minimum Expected Profit: $10,500
- Maximum Expected Profit: $15,000
- Expert News & Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-Free Spread Trading Profits
VIP MEMBERSHIP:
- Minimum Deposit: $5,000
- Minimum Expected Profit: $15,000
- Full Benefits
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profits
FOREX SIGNAL SUBSCRIPTION:
- Minimum Deposit: $20,000
- Professional Forex Signals
- Up to 10 Signals Daily
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin Payments Only
- Use Any Broker
Trading Platform
Wealth Hub Pro provides a self-developed trading platform and claims that the platform's average order execution speed is less than 7.12 milliseconds, with over-comprehensive liquidity providers, and more than 12,000 orders executed per second.
Deposits and Withdrawals
Wealth Hub Pro allows users to make deposits and withdrawals through credit/debit cards, bank wire transfers, and cryptocurrencies.
Conclusion
Traderknows reminds investors that Wealth Hub Pro is a fraudulent broker that entices investors with promises of high returns. In reality, this website has no corporate entity or regulatory oversight. Investors are advised to choose brokers that are transparent, well-regulated, and reputable to avoid financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.