Is Quantum FX a scam?

• Brand: Quantum FX (QuantumFX)
• Legal entity: Quantum FX Ltd.
• Registered: Saint Lucia, company number 2024-00507, Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, LC01 401
• Other addresses given: an office at Limassol Business Centre, Riga Fereou st., Limassol, Cyprus. Until late 2025 the site also gave a Dubai physical address (Almararr, Property 204-364) and a +971 phone number.
• Website: quantumfx.forex, client portal at my.quantumfx.forex
• Only licence: none. The Saint Lucia number is a company incorporation, not a financial licence.
• Offers: MetaTrader 5 and a web terminal. Forex, metals, indices, energy and crypto CFDs. Standard, Pro and VIP accounts from 100 dollars, and an affiliate or introducing-broker programme.
• Funding: USDT only, on the TRC20, ERC20 and BEP20 networks. Identity checks are required before a withdrawal.
• Not accepted: residents of the USA and the UAE, and other unnamed restricted countries. The site runs in English, Persian, Arabic, French and Russian.
• Age claim: the firm presents itself as founded in 2024, which matches what we could verify.

The evidence we gathered supports a score of about 56%. We publish 65% because the profile carries risk that the findings alone do not capture, and we explain both below.

• It takes deposits for leveraged trading with no licence from anyone. This is the central finding. The company is registered in Saint Lucia, and the Saint Lucia Financial Services Regulatory Authority publishes registers for insurance, pensions, credit unions, international banks, international insurance, international mutual funds, money services, registered agents and trustees, and virtual asset business. Forex and securities dealing are not among them. The authority also publishes a warning notice on forex business. So no Saint Lucia licence exists for what this firm does, and the company number proves the company exists, nothing more.
• Cryptocurrency is the only way in and the only way out. Both funding pages list USDT on three networks and nothing else. No cards, no bank transfer, no local payment method. If a dispute arises there is no payment provider to appeal to and no chargeback available. For an unlicensed firm this is the single most consequential structural fact, because it removes the last practical recourse a client would otherwise keep.
• Its own regulation page overstated the position, and has since gone. A page at quantumfx.forex/regulation, archived in December 2025, sat under the heading Regulation and said the company operates in accordance with the regulatory frameworks applicable in the jurisdiction and that operating within a regulated framework is an essential part of its responsibility. It named no regulator and no licence number, because there is none. That page is no longer part of the site, and the pages published now describe the company accurately as legally registered and incorporated. We credit the correction, but a reader in 2025 would have been misled.
• The operation is roughly two years old. The domain was registered on 11 September 2024 and the earliest certificate for it dates from the same day. The company number begins 2024. Saint Lucia's Registry of Companies and Intellectual Property provides no public company search, so the incorporation date itself could not be confirmed and the two-year figure is an upper bound resting on the domain.
• It sells across borders from an offshore base. The site runs in Persian, Arabic, Russian and French, publishes a UK telephone number, and until recently gave a Dubai address. It excludes residents of the USA and the UAE while serving clients elsewhere, including Iran. No licence covers any of that activity.

Why the published figure is 65 and not 56. A broker under three years old is raised to at least 65 under our risk-floor rule, because a young firm with few findings is exactly the case where the absence of findings proves least. The increase reflects a young operation we could not establish much about, not misconduct we discovered. On conduct the record is actually clean: no regulator warning, no enforcement action, no fraud-related court record naming this entity, and no complaint from anyone saying their money did not come back.

What we refused to count. Searching this brand returns a large amount of material about firms that are not this one. The CNMV warning issued on 3 February 2025 against QUANTUM FX names the website quantumfxfund.com. The FCA warning against Quantum Forex Trade names quantumforextrade.com and identifies it as a clone of Fortrade Limited, reference 609970. The FCA has also warned about quantumfxchain.com. A separate operation trades at quantumfx.eu. The reviews describing a scam platform with fake customer support are filed against quantumfxfund.com. None of that is this broker, and none of it counted. Two pages that do name quantumfx.forex, at tracingthescams.com and onlinefraudtrace.com, contain no first-hand account at all: they are lead-generation forms asking visitors to enter an amount lost, so they evidence nothing about the firm.