Is Quantum Trade a scam?
Wikilix independent safety report
Quantum Trade is not a confirmed scam , but it is a high risk, unregulated offshore broker with no genuine trading licence we could verify. The site is run by QE Trade Limited , a company registered…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Broker Summary
What Wikilix has recorded about Quantum Trade: its history, the licences it holds, its trading conditions and its fees.
Quantum Trade Broker Overview
Quantum Trade is an online forex and CFD brand that traded under the domain quantumtradepro.com. Its named operating company is QE Trade Limited, a Business Company incorporated in Saint Vincent and the Grenadines on 25 July 2019. A second company connected to the brand, QE TRADE PTE. LTD., was incorporated in Singapore one day earlier. Neither company is currently in good standing on its own register, and the brand website does not respond.
Quantum Trade Regulation and License
No financial services licence of any kind could be established for Quantum Trade or for QE Trade Limited. There is no licence number, no issuing authority and no supervised entity behind the brand. Saint Vincent and the Grenadines, where the operating company was registered, does not license or supervise forex dealing, so a company formed there holds no trading permission by virtue of that registration alone.
Is Quantum Trade Regulated?
No. Quantum Trade has no confirmed regulation. Taking client deposits for leveraged forex or CFD trading requires authorisation from a financial regulator in the markets a firm serves, and no such authorisation exists for this brand or its operating company. A client would have no regulator to complain to, no supervised capital requirement protecting their balance and no compensation scheme.
QE Trade Limited
QE Trade Limited is the legal company named as operating the Quantum Trade brand. It appears on the register of the Financial Services Authority of Saint Vincent and the Grenadines as Business Company number 25522, incorporated on 25 July 2019, with its registration status recorded as Cancelled. The related Singapore company, QE TRADE PTE. LTD., unique entity number 201924134N, incorporated on 24 July 2019 at 100 Pasir Panjang Road, is recorded on the Singapore corporate register as Struck Off. Both corporate vehicles behind the brand are therefore defunct. A company registration is not a financial licence in either jurisdiction, and neither registration ever authorised the company to hold client money.
Is Quantum Trade Safe?
Quantum Trade cannot be treated as safe. The brand has no regulator standing behind it, both of its registered companies have been removed from their registers, and its website has stopped responding. That combination leaves no supervised entity to hold client funds, no live service through which a withdrawal could be requested and no legal person against whom a claim could realistically be pursued. Anyone still holding a balance under this brand should treat recovery as doubtful and take their own legal advice.
Quantum Trade Review and Assessment
Quantum Trade is an unlicensed offshore brand whose corporate structure has lapsed and whose platform is no longer reachable. The verifiable record consists of two company registrations made a day apart in July 2019, both now closed, and nothing that would allow a client to trade or to be repaid. There is no trading proposition left to assess, and no basis on which depositing money with this brand could be considered.
Regulatory Licenses
We have not confirmed any regulation for Quantum Trade. 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 Trade. 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.
Global Domains
One domain on record. All active and served over HTTPS.
Corporate Network
2 legal entities behind the Quantum Trade brand.
- QE Trade LimiteddissolvedSaint Vincent and the GrenadinesRegistration 25522Established Jul 25, 2019Business Company recorded on the Saint Vincent and the Grenadines register with the status Cancelled.
- QE TRADE PTE. LTD.dissolvedSingaporeRegistration 201924134NEstablished Jul 24, 2019Singapore local company recorded on the national corporate register with the status Struck Off.
Company Registration
The operating company is QE Trade Limited. Registered in Saint Vincent and the Grenadines. Registration number 25522 BC 2019.
- Legal entity
- QE Trade Limited
- Registration number
- 25522 BC 2019
- Jurisdiction
- Saint Vincent and the Grenadines
- Incorporated
- Jul 25, 2019
- Registry
- Saint Vincent and the Grenadines Financial Services Authority (Entity Name Search)
- Registered address
- Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines
Comments
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