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No Regulation
Score
1.14 /10
Danger
Quantec
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index4.14
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2024-11-19
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Quantec Review Summary | |
| Founded | 2023 |
| Registered Country/Region | China |
| Regulation | No Regulation |
| Market Instruments | FX, Metals, Indices, Oil |
| Leverage | 1:30 |
| Trading Platforms | EightCaps platform |
| Minimum Deposit | $25,000 |
| Customer Support | Email: support@quantectrading.com; Live Chat |
| Social Media: Facebook, Instagram, Twitter, Tik Tok, Discord | |
Quantec's Information
Founded in 2023 in China, Quantec is an unregulated trading platform that offers a variety of account tiers and a diverse range of market instruments, including foreign exchange (FX), metals, indices, and oil. Quantec has partnered with Eightcap, which now serves as its primary trading platform.
Pros & Cons
| Pros | Cons |
| Wide range of trading assets | Lack of regulation |
| Partnership with Eightcap | High minimum deposit |
| Multiple account types |
Pros
Quantec offers multiple trading instruments including FX, metals, indices, and commodities. In terms of trading platform, Quantec provides a forex trading platform by cooperating with Eightcap. Furthermore, Quantec offers different tiers of accounts for you so that you can choose based on your own preference.
Cons
Quantec operates without regulation. This regulatory oversight does not meet the industry standards because traders engaged in this platform will not receive legal protection. Besides, the lowest fee requirement to open an account is $25,000, which is insanely high, and thus not suitable for beginners.
Is Quantec Legit？
Quantec is currently not regulated by any recognized financial authority. When trading on a platform without regulation, investors have little to no recourse if something goes wrong with their investments, which might cause serious issues.
Market Instruments
Quantec offers a diverse range of market instruments including Forex, Metals, Indices, and Oil. On the flip side, it doesn't offer access to various popular trading options like cryptocurrencies, commondities, options, energy products, ETFs, and more.
| Assets | Available |
| forex | √ |
| metals | √ |
| indices | √ |
| oil | √ |
| cryptocurrency | × |
| commodities | × |
| options | × |
| energy products | × |
| ETFs | × |
Account Types
Standard (HFT Allowed)
| $25,000 Account | $50,000 Account | $100,000 Account | $250,000 Account | |
| $175 Per Attempt | $375 Per Attempt | $599 Per Attempt | $999 Per Attempt | |
| 1 Step Challenge | ||||
| Max Trading Days | Unlimited | |||
| Max Daily Drawdown | 5% | |||
| Max Total Drawdown | 10% | |||
| Profit Target | 10% | |||
| Leverage | 1:3 | 1:30 | ||
Ultimate (HFT Allowed)
| $50,000 Account | $100,000 Account | $250,000 Account | |
| $488 Per Attempt | $888 Per Attempt | $1748 Per Attempt | |
| 1 Step Challenge | |||
| Max Daily Drawdown | 6% | ||
| Max Total Drawdown | 12% | ||
| Profit Target | 10% | ||
| Max Trading Days | Unlimited | ||
| Min Trading Days | Zero | ||
| Leverage | 1:30 | ||
DX Trade
| $25,000 Account | $50,000 Account | $100,000 Account | $200,000 Account | |
| $125 Per Attempt | $249 Per Attempt | $100,000 Per Attempt | $200,000 Per Attempt | |
| Max Daily Drawdown | 5% | |||
| Max Total Drawdown | 10% | |||
| Profit Target | 0.5% | |||
| Max Trading Days | Unlimited | |||
| Min Trading Days (demo) | None | |||
| Min Trading Days (live) | 10 for the first month, 5 for following months | |||
How to Open an Account？
To open an account on Quantec, you should provide your username, email address and create a password. Then you need to agree to the terms and condition as it's requested.
Leverage
Quantec provides leverage of 1:30 for all the standard and ultimate account tiers, allowing traders to amplify their market exposure.
Trading Platform
Quantec has teamed up with Eightcap to offer trading services. Powered by Eightcap, Quantec claims to offer tight spreads and high liquidity, while benefiting from Equinix's fast trade execution.
Customer Support
Revival Ltd typically offers three contact methods.
- Live Chat
- E-mail: support@quantectrading.com
- Social Media: Facebook, Twitter, Instagram, TikTok, Discord
Conclusion
In conclusion, while Quantec offers multiple trading options and account, Quantec's lack fo regulation and high minimum depost make Quantec not a good invest choice. We advise you to operate trading on a more experienced and regulated platform.
Q&A
Is Quantec regulated？
No.
What trading instruments are available with Quantec？
Quantec claims to offer a wide range of trading assets, including popular forex, indices, commodities and stocks.
What is the leverage offered by Quantec？
1:30.
Is Quantec a good broker for beginners？
No. Quantec is an unregulated broker. Traders are advised to trade exclusively on regulated platforms for safety.
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.
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