Broker Summary
What Wikilix has recorded about QUANTUM METAL: its history, the licences it holds, its trading conditions and its fees.
Introduction
Quantum Metal provides precious-metals-related financial technology with an emphasis on digital wealth management through the ownership of physical gold. The fintech model appeals to both retail and institutional investors, as well as includes Shariah-compliant offerings and a vast consultant network supporting it. As the world's most advanced provider of financial solutions based on physical gold, in 2020 Quantum Metal expanded significantly throughout the continents.
History and Background
Founding and Development
Quantum Metal Sdn Bhd was founded on July 30, 2012 with a total equity capital of RM10,000,000. Founder Dato Lim Khong Soon is an industry veteran who has been involved in gold technology, electronic components, and the recovery and plating of gold for decades. Under his direction Quantum Metal evolved from being a local bullion distributor to becoming a fintech organisation that integrates digital technologies into the investing of physical gold.
International Expansion
Quantum Metal Exchange Inc was formed in New York in 2021 as part of Quantum Metal's continued international expansion. By January 2025, Quantum Metal is anticipated to be operating in thirteen countries including the UK, AustraliaThe Financing for Gold initiative provides an opportunity to access Fin-Tech enhanced investments in Gold through Gold Leverage and Gold Advance for the purpose of growing and protecting your wealth while helping support the Social Economy. There is also a very large range of Shariah compliant investments that continue to attract more attention from investors.
As we begin 2025 there are:
40,000 consultants
More than 400,000 active members
Between 2,000 and 3,000 new members are joining every day
Currently, the Company's full list of Regulatory Licenses is not publicly available. However, it does operate on the OTC Markets (in the U.S.) and it has several actively operating operations in various places.
The following Regulatory Table outlines the Company's Licensing Status:
Regulatory Table
Jurisdiction Regulator License Number Status
United States OTC Markets Group QMEI (Ticker) Listed
Malaysia (Confidential) (Confidential) Operating
Singapore (Confidential) (Confidential) Operating
Other Countries (Confidential) (Confidential) Operating
The Company's Trading Platform provides a Proprietary System to track the Gold Shipments from Perth Mint to Customers in Real Time. The Company is also in the process of Integrating its Technologies with Local Banks to provide Customers with a Higher Level of Efficiency when it comes to Transactional Processes. It will also Share Revenue with Regional Banks.
The exact details of the Trading Conditions (such as Spreads, Leverage, Minimum Deposits, and Commission Structures) have not been published at this time.
Feature Table
Feature Description
Real-Time Gold Tracking Software tracks Shipment of Gold from Perth Mint to the Customers in Real-Time.
Bank Integration Banks are integrating with our system.
Revenue Sharing Partnership Model to Share Revenue with Retail Banks.
Trading Conditions Not available.
Quantum Metal has not yet published its Fee Structure.
Fee Table
Fee Type Description Details
Deposit Fees Deposit Fee Not currently available.
Withdrawal Fees Withdrawal Fee Not currently available.
Commission Transaction and/or Service Fee Not currently available.
Inactive Fees Inactivity Fee Not currently available.
In July 2021, Quantum Metal reported a 137% increase in Gold lease financing by Monetary Metals. On average, between 2016 and now, Quantum Metal has had a 57.8% year-over-year growth rate in the average lease. The Company's Consultant Network is one of the largest in Malaysia, thus giving it an advantage when it comes to competing in the Bullion Markets.
The Leadership Team consists of:
Dato Lim Khong Soon (Founder/CEO)
Haji Kamari Zaman Bin Juhari (Chairman)
Awards and Recognition: Asia Pacific Enterprise Awards (APEA)
The Company plans to expand to 60 Countries in 2024-2025, and will also help Malaysia recover Economically by providing Gold As a Convertible Asset to satisfy Daily Needs.
Summary:
The Company Integrates Traditional Gold Security with Modern Fin-Tech. The lack of transparency in certain areas, combined with the rate at which Quantum Metal is Gaining Traction, due to the ability to Track Gold, combined with the Shariah Compliant Solutions, makes it a Leading Global Player in the Gold Wealth Management sector.
Regulatory Licenses
We have not confirmed any regulation for QUANTUM METAL. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for QUANTUM METAL. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Funding Methods
3 ways to fund an account. One credits instantly.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| Bank TransferBank TransferBank transfer fees may apply depending on the bank but are not charged by QM. Daily cash withdrawal limit of RM 30,000 applies. | Not recorded | Not recorded | RM 10 | RM 1RM 30,000 | day |
| Physical Gold WithdrawalOtherHandling, minting, and shipping fees deducted in grams (~0.3 g per 1 g withdrawal). Physical gold withdrawal requires prior arrangement and minimum gold balance. No surcharge at Ar Rahnu TEKUN branches. | Not recorded | RM 0.3 | Not recorded | g 1.3Not recorded | 5 days |
| Gold Transfer (QM to QM)OtherNo explicit maximum withdrawal stated. Sender must keep at least 1 gram balance after transfer. Transfer fees deducted in grams. | Not recorded | Not recorded | RM 10 | g 1Not recorded | Instant |

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