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Hustlers University foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://hu24optiontrade.com/signup, about the company's legal and temporary regulatory information, the company's address 10 Paternoster Sq., London EC4M 7LS, United Kingdom.

Hustlers University Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Hustlers University
Abbreviation
Hustlers University
Company employee
--
Customer Service Email Address
customer@hu24optiontrade.com
Contact Number
+15672511751
Company address
10 Paternoster Sq., London EC4M 7LS, United Kingdom
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Hustlers University Review Summary Registered Country/Region United Kingdom Regulation No Regulation Market Instruments Forex Minimum Deposit $1000 Service Fee 15% Customer Support Phone: +15672511751 Email: customer@hu24optiontrade.com Live Chat What is Hustlers University? Hustlers University, registered in the United Kingdom, is a broker with three account types, offering specialized support and trading services for forex traders, It claims to be one of the best, most beneficial, and brilliantly successful companies in the industry of forex trading and investing. However, Hustlers University is not available to the general public and is open only to qualified members of Absolute Options. The use of this site is restricted to members and to individuals personally invited by them. Additionally, operating without valid regulation is a huge drawback. Pros & Cons Pros Cons Three Account Types No Regulation Instant Trading High Service Fee Multiple Contact Channels Unavailable to the General Public Bitcoin Transaction Limited Information Pros: Three Account Types: Three accounts offer flexibility for different investment levels and risk tolerances. Instant Trading: All the dealings are transparent and clients can see all their live trades in real time. Multiple Contact Channels: Multiple ways to reach customer support, including phone, Email, and live chat can help resolve issues and get assistance. Bitcoin Transaction: Hustlers University performs transactions with Bitcoin. The blockchain is a safe, secure, and decentralized system. Cons: No Regulation: This raises concerns about the legitimacy and safety of the platform, as regulated platforms are subject to stricter oversight and investor protection rules. High Service Fee (15%): This is a significant cost compared to other investment options, and it's important to weigh the potential benefits against this fee. Unavailable to the General Public: Hustlers University is not available to the general public and is open only to qualified members of Absolute Options. The use of this site is restricted to members and to individuals personally invited by them. Limited Information: Information about leverage, spread, and trading platforms can not be found, making it difficult to make an informed decision. Is Hustlers University Safe or a Scam? Transactions with Hustlers University involves significant risks. Firstly, the lack of regulation is a significant red flag. Operating outside regulatory oversight raises questions about the platform's accountability and adherence to industry standards. The high service fee and minimum deposit further compound these concerns, as they are significantly higher than those of many other investment options, potentially limiting accessibility and raising questions about the platform's intentions. Market Instruments Hustlers University focuses on the forex market, which involves trading currency pairs. Forex trading allows traders to speculate on the exchange rate between two currencies. Traders can profit from the fluctuations in exchange rates by buying or selling currency pairs. Apart from this, there is no more information about the market instruments of Hustlers University. Account Types Hustlers University offers three distinct account types tailored to traders with varying levels of experience and investment goals. Account Type Minimum Deposit Minimum Profit (Claimed) Silver $1,000 $9,500 Gold $2,500 $19,540 Premium $3,500 $32,450 The Silver Account, requiring a minimum deposit of $1,000, serves as an entry-level option. This account is ideal for those new to forex trading or with limited trading experience. The claimed minimum profit for the Silver Account is $9,500. The Gold Account, requiring a minimum deposit of $2,500, is suitable for traders with some experience in forex trading who are looking to expand their trading capabilities. The claimed minimum profit for the Gold Account is $19,540. The Premium Account is the highest-tier offering from Hustlers University, requiring a minimum deposit of $3,500. This account is designed for experienced traders looking for premium trading experience. The claimed minimum profit for the Premium Account is $32,450. However, the high profits claimed are a red flag that indicates risks to your fund safety. Guaranteed profits in financial markets are highly unlikely and misleading. Service Fee Hustlers University imposes a service usage fee of 15% of the accumulated profit in your account to process withdrawal requests following a successful trading session. This fee is deducted from your profits before the withdrawal is processed, ensuring that you receive the remaining balance. Customer Service Hustlers University provides comprehensive customer service through multiple channels to assist users with their inquiries and support needs. Users can contact customer service via phone at +15672511751 to speak directly with a customer service representative for immediate assistance during operating hours. Additionally, users can reach out to customer service via email at customer@hu24optiontrade.com. The platform also offers a live chat feature on its website for real-time communication with a customer service representative. Conclusion In conclusion, Hustlers University presents itself as a specialized forex trading platform offering tailored support and services. However, several red flags warrant careful consideration. The operation without regulation, the high service fee of 15%, the platform's exclusivity, limited information, and high claimed profits are all risks to your trading safety. We advise you to seek professional advice and consider alternative, regulated platforms to mitigate these risks. Frequently Asked Questions (FAQs) Q: Is Hustlers University regulated? A: No. Q: What are the minimum deposit requirements for Hustlers University? A: $1000. Q: What is the service fee of Hustlers University? A: Hustlers University imposes a service fee of 15% of the accumulated profit in your account for processing withdrawal requests. Q: Is Hustlers University available to the general public? A: No, Hustlers University is open only to qualified members of Absolute Options and individuals personally invited by them. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

How to login to Hustlers University?
Hustlers University Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Hustlers University Account Registering for a Hustlers University account is the first step towards accessing a wealth of knowledge and resources ai

  

Hustlers University Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  Hustlers University, officially registered as Hustler's University LLC, was established between 2 to 5 years ago. The broker is headquartered at 10 Paternoster Square, London EC4M 7LS, United Kingdom. It operates as a private entity and is primarily focused on providing trading services in the forex market.

  The company claims to offer specialized support and services for forex traders, presenting itself as one of the best in the industry. However, it is important to note that Hustlers University is not available to the general public; it is exclusively open to qualified members of Absolute Options. This exclusivity raises questions about the accessibility and transparency of its services.

  Over the years, Hustlers University has developed a reputation for its unique approach to forex trading, although it has faced scrutiny due to its lack of regulation. The broker's business model primarily revolves around retail forex trading, catering to individual clients looking to engage in currency trading.

  The business milestones include its establishment in the UK and the introduction of various account types for traders, although detailed information about its operational history remains limited. The broker operates without a parent company or group affiliation, indicating a standalone operation.

  

2. Regulatory and Compliance Information

  Hustlers University operates without any valid regulatory oversight. This lack of regulation is a significant concern for potential investors. According to various sources, the broker does not hold licenses from recognized regulatory bodies, which raises red flags about its legitimacy and accountability.

  The primary regulatory bodies that oversee forex brokers include the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Financial Industry Regulatory Authority (FINRA) in the US. However, Hustlers University does not possess licenses from any of these institutions, leading to questions about its compliance with legal standards.

  Furthermore, there is no information available regarding the customer funds segregation policy or participation in any investor compensation schemes, which are critical for protecting client investments. The broker's Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures are also not clearly outlined, further contributing to the concerns regarding investor safety.

  

3. Trading Products and Services

  Hustlers University primarily focuses on the forex market, offering a selection of currency pairs for trading. The broker claims to provide access to a variety of major, minor, and exotic currency pairs, although specific details about the total number of pairs available are not disclosed.

  In addition to forex trading, Hustlers University also offers Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies. However, the lack of detailed information about these products raises concerns about the broker's transparency.

  The broker's product offerings are updated periodically, but specifics on the frequency of updates or the introduction of new trading instruments are not readily available. The retail trading services are designed for individual traders, while institutional services appear to be limited or non-existent.

  

4. Trading Platforms and Technology

  Hustlers University supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), popular trading platforms known for their user-friendly interfaces and advanced trading features. Additionally, the broker offers a proprietary web-based trading platform, although details regarding its features and capabilities are sparse.

  There is no mention of mobile applications for iOS or Android devices, which is a significant drawback for traders who prefer to trade on the go. The execution model employed by Hustlers University is not explicitly stated, leading to ambiguity regarding whether it operates on an ECN, STP, or Market Making basis.

  The broker's server locations and technology infrastructure details are also not provided, which could impact the trading experience regarding latency and execution speed. Furthermore, there is no information available about API access or support for automated trading, which can be crucial for algorithmic traders.

  

5. Account Types and Trading Conditions

  Hustlers University offers three distinct account types tailored to different trading experiences and investment goals:

  • Silver Account: Requires a minimum deposit of $1,000 with a claimed minimum profit of $9,500.
  • Gold Account: Requires a minimum deposit of $2,500 with a claimed minimum profit of $19,540.
  • Premium Account: Requires a minimum deposit of $3,500 with a claimed minimum profit of $32,450.

  The high claimed profits associated with each account type raise concerns about the legitimacy of these figures, as guaranteed profits in financial markets are unrealistic.

  The trading conditions for these accounts include high service fees of 15% on profits, which is significantly higher than industry standards. Additionally, the leverage ratios offered by the broker are not specified, making it difficult for traders to assess their risk exposure.

  The minimum trading lot size and overnight fees are also not disclosed, which can affect traders' decision-making processes.

  

6. Fund Management

  Hustlers University supports various deposit methods, including bank transfers, credit cards, and electronic wallets. However, the minimum deposit requirements vary depending on the account type, with the lowest being $1,000 for the Silver account.

  The processing times for deposits are not clearly outlined, which could lead to uncertainty for traders looking to fund their accounts. Furthermore, there is no available information regarding any deposit fees that may apply.

  For withdrawals, the broker's policies are equally unclear. The withdrawal methods and any associated restrictions are not detailed, which can pose challenges for clients seeking to access their funds. The processing time for withdrawals is also unspecified, raising concerns about the efficiency of the broker's fund management practices.

  

7. Customer Support and Educational Resources

  Hustlers University provides customer support through multiple channels, including phone, email, and live chat. The support team's operating hours and time zone coverage are not explicitly mentioned, which could affect the accessibility of assistance for clients in different regions.

  The broker claims to offer multi-language support, but the specific languages available are not listed. This can limit the effectiveness of communication for non-English speaking clients.

  In terms of educational resources, Hustlers University appears to offer a range of materials, including webinars, tutorials, and eBooks. However, detailed information about the types of market analysis services provided, such as daily analysis, news updates, and research reports, is not readily available.

  Additionally, the availability of trading tools like calculators, calendars, and signal services is not specified, which could hinder traders' ability to make informed decisions.

  

8. Regional Coverage and Restrictions

  Hustlers University primarily serves clients in the United Kingdom, but specific details about its operational reach in other regions are not disclosed. The broker's regional offices, if any, are also not mentioned, which can limit its accessibility for international clients.

  There is a lack of information regarding countries or regions from which clients are not accepted. This omission raises potential concerns about the broker's compliance with international regulations.

  In summary, Hustlers University presents itself as a forex trading platform with a variety of services and products. However, the significant concerns regarding its lack of regulation, high fees, and limited transparency warrant caution for potential investors. It is advisable to seek professional advice and consider alternative, regulated platforms to mitigate risks associated with trading through Hustlers University broker.

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Latest Reviews

健乐

健乐

Tunisia

Happy to share my experience with Hustlers University. I think it's a very good cryptocurrency broker and their live chat support is excellent and makes me feel very at ease. The trading platform interface is clear and easy to understand, and the functions are very rich. Their execution speed is also fast and I am very happy with my trading results.

Positive

2023-03-27

Hustlers University Forex Broker has an overall rating of 1.39, Regulatory Index 0.00, License Index 0.00, Business Index 6.05, Software Index 4.00 Risk Control Index 0.00.
Hustlers University