hubautostock.com is a CFD broker whose official domain was registered on February 9, 2024. The broker primarily provides investment services for markets such as forex, cryptocurrency, indices, stocks, energy, and commodities. It does not provide services to countries and regions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the public information on the hubautostock.com website, the broker was established in 2016 and uses "Auto Stock" as its trading name. It claims to be a company entity called VLS and states that it is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose the company's registration details or detailed regulatory information.
Upon verification, ASIC does not list any regulated company by the name "VLS."
Therefore, hubautostock.com is essentially a fraudulent broker website with no actual company entity or regulatory oversight.
Account Opening Process
To open a trading account with hubautostock.com, visit the broker's website, click "Open Account" on the homepage or "SIGN UP" in the top-right corner to access the registration page. Fill in the required personal information such as name and email, set a login password, and submit. Once your account is verified, registration is successful.
Trading Instruments
hubautostock.com offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies and is known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or a specific sector without trading individual stocks. Exploring popular indices can uncover diversified trading opportunities and leverage for potential gains.
- Commodities: Commodity trading covers key resources in global markets, allowing traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations and dividends of public companies based on their performance without actually owning the stocks.
- Cryptocurrencies: Cryptocurrency trading offers opportunities for digital currency enthusiasts to profit from high-volatility assets.
Investment Plans
hubautostock.com offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum Deposit: £500
- Minimum Expected Profit: £3,500
- Maximum Expected Profit: £5,000
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
CLASSIC ACCOUNT:
- Minimum Deposit: £5,000
- Minimum Expected Profit: £45,000
- Maximum Expected Profit: £50,000
- Expert News & Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-Free Spread Trading Profits
PLATINUM:
- Minimum Deposit: £10,000
- Minimum Expected Profit: £99,999
- Full Benefits Package
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profits
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals per Day
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin Payments Only
- Use with Any Broker
Trading Platform
hubautostock.com provides a proprietary trading platform, claiming an average order execution speed of under 7.12 milliseconds, with integrated liquidity providers and more than 12,000 orders executed per second. However, the download link offers the MT4 trading platform, where no broker named Auto Stock could be found.
Deposits and Withdrawals
hubautostock.com does not support deposits and withdrawals via credit card or bank wire transfer, and only supports cryptocurrency transactions for these operations.
Summary:
Traderknows reminds investors that hubautostock.com is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
