Score

1.54 /10
Danger

QFT

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Clone Firm United Kingdom

High potential risk

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Score

Regulatory Index0.00

Business Index7.20

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Quantum Forex Trade

Company Abbreviation

QFT

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-16
  • The claimed United KingdomFCA regulation (license number: 609970) is verified as a clone firm. Please pay attention to the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

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User Reviews

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User comment

2

Comments

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北门山
more than one year
QFT claimed to be regulated, but it turned out to be false. They manipulated my account and traded against me, resulting in significant losses. When I tried to withdraw my remaining funds, they made excuses and delayed the process indefinitely. I discovered that other traders had similar experiences and warned others to stay away from QFT. Their lack of transparency and unethical practices make them an untrustworthy trading company.
QFT claimed to be regulated, but it turned out to be false. They manipulated my account and traded against me, resulting in significant losses. When I tried to withdraw my remaining funds, they made excuses and delayed the process indefinitely. I discovered that other traders had similar experiences and warned others to stay away from QFT. Their lack of transparency and unethical practices make them an untrustworthy trading company.
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2023-03-22 13:34
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悟71179
more than one year
Quantumforextrade's regulatory license is cloned, and the declared address has no actual office. Horrible, I would never have thought of this if I hadn't looked into it at wikifx.
Quantumforextrade's regulatory license is cloned, and the declared address has no actual office. Horrible, I would never have thought of this if I hadn't looked into it at wikifx.
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2023-03-01 18:21
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