Be aware! The App called QTF BROEKR is a suspicious clone and a potential Ponzi scheme.

QTF BROKER is a trading app that claims to offer lucrative earning opportunities through mobile applications. However, upon closer inspection, it becomes apparent that this app raises numerous concerns and exhibits characteristics commonly associated with fraudulent schemes. In this article, we will delve into the details surrounding QTF BROKER, highlighting the reasons why it is not a safe platform for online earning.

WikiFX has previously made an article about QTF BROKER, for more basic information about this firm, please check the link below.

WikiFX Review: Is QTF Broker Fake or Real?

QTF Broker aims to cater to the evolving needs of investors in these regions. While relatively new to the industry, QTF Broker has already gained attention for its commitment to providing a secure and transparent platform. Let’s find out if QTF Broker is real or fake.

News 2023-06-05

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QTF BROKER is an app that all financial services it offers go through its app. In order to use this app, you have to sign in first. WikiFX has sent an agent to sign in to this app. And find more details about this broker.

The Deceptive Association

In today's crowded forex market, it's common for investors to search for the name of a broker online, only to be met with a myriad of websites with the same name. Unfortunately, many of these sites are fraudulent, set up by scammers who take advantage of the reputation of well-known brokers. These scammers create websites that are almost identical to those of reputable brokers and then trick unsuspecting investors into handing over their money.

As we know so far, QTF BROKER raises suspicions by deliberately using a name similar to a legitimate brokerage firm called Quantfury. Quantfury is a global broker delivering 1600+ stocks, currencies, futures, and ETFs free of ANY commissions and hidden fees ALWAYS at real-time spot prices of global exchanges. Quantfury, a financial services company registered in the Bahamas, was given a score of 4.22/10 by WikiFX. However, Quantfury has nothing to do with QTF BROKER we are focusing on today. It is clear that QTF BROKER wants to use the real Quantfury for its own diversion. QTF BROKERS uses a similar logo as Qunatfury does.

Lack of Information and Transparency

One of the significant red flags associated with QTF BROKER is the lack of essential information about the app's background and the people behind it. There is no official website, and all financial services are solely offered through the app. The absence of registration details and incomplete work information further adds to the app's opacity. Moreover, no official contact details or active social media accounts are available, making it challenging to establish any form of reliable communication.

Negative Reputation and Complaints

QTF BROKER has garnered a significant number of negative reviews and complaints online. Users have reported poor user experience, lack of proper customer support, and difficulties in withdrawing funds. The abundance of complaints and dissatisfaction expressed by users is a strong indicator that this app fails to deliver on its promises.

Suspicious Earning Claims

The app attempts to entice users with the promise of substantial profits, claiming that anyone can earn 9% profits per day. Such high and unrealistic returns are often associated with Ponzi schemes, which lure users with the intention of trapping them and making off with their money. Additionally, the requirement to recharge or invest money raises further suspicion, as legitimate platforms typically do not ask for upfront payments in exchange for earning opportunities.

Poor App Quality and Fake Certificates

QTF BROKER's app itself exhibits signs of poor design and functionality. It lacks the polish and professionalism typically associated with legitimate trading platforms. Furthermore, all the certificates and proofs showcased within the app are likely fake, aimed at deceiving users into believing in its credibility.

Conclusion

Considering the numerous red flags and concerns surrounding QTF BROKER, we advise you to avoid using this app for online earning purposes. The lack of transparency, absence of reliable information, negative user reviews, and deceptive tactics indicate a high likelihood of fraudulent activity. It is crucial to exercise caution when engaging with any online platform and to conduct thorough research before sharing personal or financial information. Stay vigilant and prioritize the security of your investments and personal data.