Hudson Trust – The Disturbing Truth Behind This Broker

Hudson Trust Review Disclaimer: This information is provided solely for warning and alert purposes. It highlights major red flags associated with this suspicious trading platform operating under the domain “trusthudson.com”. Its previous domain was hudsontrust.co. The review is based on my personal experience and publicly available information.

The Hudson broker is a scam.

Though Hudson talks big about helping sophisticated investors, active traders, and institutions by offering direct-access trade execution and clearing services, nothing could be further from the truth than these claims.

In my unbiased Hudson Trust broker review, I’m going to reveal to you a couple of reasons why I consider this platform a fraud. But first things first, here’s a quick data summary about Hudson according to the company and a third-party source.

1. Scamadviser Feedback

Scamadviser.com feedback lists more pros than cons regarding www.trusthudson.com, formerly hudsontrust.co.

The scam checker website gives this platform a below-average(47/100) trust score, meaning it’s highly questionable. Furthermore, according to Scamadviser, www.hudsontrust.co;

• Is associated with a registrar who is known to work with numerous spam and fraud sites. 
• Is (very) young with a domain name just two months old. This information contradicts the Hudson Trust website, which claims to be founded in 2006, suggesting that it’s 17+ years old. 
• Is located in Phoenix AZ, USA. Again, this information contradicts the Hudson Trust website, which claims that HudsonTrust is situated in Zürich, Switzerland.

2. No Hudson Trust Trustpilot Reviews

It’s suspicious that a company that has been in operation for 17+ years would have no mention whatsoever on Trustpilot. In my opinion, it’s either;

• The domain is relatively new, as reported by scamadviser.com

Or

• The owners are actively deleting customer feedback, suggesting possible negative feedback. After all, no company would delete great customer feedback; it wouldn’t make sense. It all leaves a question mark about the authenticity of this company in your mind. 

3. No Social Media Presence (Facebook, LinkedIn, etc)

Nowadays, many businesses have a presence on social media. It’s all for many reasons,  including to connect more conveniently with the target audience and customers.  Many best online brokers for buying and selling cryptocurrency have well-established social media pages with feedback that generally gives a true picture of them. 

On the contrary, Hudsontrust, like RontoXM and many other scam brokers, has kept off Facebook and LinkedIn. I suspect that this could be a clever strategy to avoid getting exposed to the public. After all, one of the easiest ways to learn the true colors of a brand is to go to its social media page and read the comments. Of course, some comments may be misleading, but the majority are always accurate. 

4. Hudson Trust Is Unregulated

Hudson is non-compliant as evidenced by the lack of regulatory information on the company’s website. 

However, since it claims to have a physical address in Switzerland, I decided to look it up on the Swiss Financial Market Supervisory Authority’s (FINMA) website. As expected, I found no information about the company on the regulator’s public register.

As if that were not enough, I also went the extra mile to look it up on the SEC.gov website, searching both “HudsonTrust” and “PrivacyGuardian.org LLC” terms, since Scamadviser suggests that the company is based in the US and operates under the parent company “PrivacyGuardian.org LLC.”

Similarly, I found no details about it on the SEC.GOV website. For starters, the SEC oversees the securities market in the US.

5. Hudson Trust Lacks Demo Trading

Before writing this unbiased Hudson review, something else noteworthy I discovered when I signed up was that the platform doesn’t offer demo trading accounts. 

All legit trading platforms that I interacted with in the past had DT. After all, it’s an important feature that helps you gain deeper insights into price movements, volatility, and other market dynamics before putting your money into any trading platform.  This can go a long way as far as live trading goes.

My Final Verdict On Hudson Trust

Is HudsonTrust legit or a scam?

Well, it’s a scam.

The company exhibits many red flags consistent with a fraudulent scheme.

For example, not only does it evade regulatory compliance but it also avoids leaving digital footprints.

What’s more, many users have reported Hudson as a dubious broker that fraudulently withholds investors’ funds. In fact, most people who tried to trade on this platform have nothing good to say about it.

For instance, here’s a screenshot from fxbroker-reviews, showing a negative comment from a trader who got scammed:

On top of that, Hudson Trust has negative ratings and feedback on Scamadviser, not to mention that this broker deliberately doesn’t provide demo trading accounts. This is a strategic move to have investors deposit funds, and thereafter, dupe them.

What’s more, it’s highly questionable and suspicious that Hudson Trust is not mentioned on Trustpilot despite the broker claiming to have been in operation for 17+ years.

By the way, making false claims is a typical deceptive tactic used by scammers to gain trust. Here are some scam brokers notorious for using this tactic: Golden Trust, Taycan Invest Group, and Order Invest.

My final verdict is that Hudson will not enable you to make money trading, as it claims.

This so-called trading platform is established upon lies, which by the way, aren’t so difficult to reveal with a little investigation.

If you were considering giving it a try, please don’t, because you’ll lose your hard-earned money.

I hope this honest review helped you avoid falling into a trap with Hudson Trust.

Until next time, stay vigilant and protect your money.  

Report A Scam

Have you fallen victim to Hudson or another dubious broker? If so, go to this page, or email scamread@scamreader.info to report the incident and seek help.