Money you send Quantum FX stops being yours the moment it lands. Clause 9.1 says you transfer full ownership of it to the company.
Why this matters
You are not a person with money at a broker. You are someone the broker owes. If Quantum FX runs short, you join the queue of creditors with no claim on any particular funds.
Exhibit 1Every flagged clause gets its own number so you can point at this one. The number does not change, so a link to it keeps working.CriticalHow much this clause can cost you, in our reading. Critical can take your money or your profit. Warning can delay or limit it. Notice is simply worth knowing before you sign.Rarely seenHow ordinary this wording looks next to the contracts we read. This is our reading of the clause, not a count of other brokers.
By depositing these funds, you transfer full ownership to Quantum FX to cover obligations like Margin or other liabilities.
Firms licensed by the FCA, CySEC or ASIC must hold retail client money separately from their own and cannot take ownership of it as collateral. This contract says a deposit becomes the property of Quantum FX.
Quantum FX is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.
Our readingOur own comment on the clause, not the broker's words. Anything we quote is marked as a quotation.Taking ownership of a client's cash as collateral is a device from lending between businesses. Pointed at a retail balance, it turns your deposit into a debt worth whatever the company is worth.

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