Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighNo trading licence from any financial regulator anywhere while accepting retail deposits for leveraged CFDs. Only a Saint Vincent company registration, which is not regulation.
Identity & transparency
5/10 · ModerateThe legal entity, company number and address were disclosed and match the corporate record, but no owners or directors were named and both addresses used are known mass-registration buildings.
Withdrawals & conduct
3/10 · LowNo complaint of any kind that money was withheld, though the total absence of a customer footprint means good conduct is unconfirmed rather than proven.
Reputation
6/10 · HighZero reviews on Trustpilot and no substantive forum presence after around two years of trading, with no regulator warnings either way.
Website claims
7/10 · HighPresented a Saint Vincent company registration in the regulatory position of the footer beside leverage risk warnings, alongside heavy bonus and competition marketing.
Operational history
7/10 · HighVerified back to 2021, but the operation is defunct: identifier lapsed 2023, UK entity dissolved 2024, domain expired and re-registered by an unrelated parking holder in 2025.
Who they are
A quick desk file on the company behind the brand.
The desk file on this operation:
- Brand: Quox, also styled Quox Capital.
- Legal entity: QUOX.IO LLC, previously named Quox Capital LLC. Company number 1312 LLC 2021.
- Registered: First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines. This building houses a very large number of offshore shell companies.
- Website: quox.io. Dead. The address now serves a parking page full of unrelated adverts.
- Only licence: None. There is a company registration in Saint Vincent and the Grenadines and nothing else. No financial regulator anywhere licensed this firm.
- Offers: While live, over 70 instruments across crypto, currencies, indices, gold and oil, on an in-house platform called the Quox trader, with fixed trading periods, sign-up and loyalty bonuses, and global trading competitions.
- Not accepted: United States residents were excluded. Almost every other country, including the UK, Germany and Australia, could sign up.
- Age claim: The site made no explicit founding-year claim. The company and the website both date from 2021.
- Related entity: QC Technology Ltd, UK company 13734056, incorporated 10 November 2021 as Quox Capital UK Ltd and dissolved on 2 April 2024. The Quox site named it as the processor of all payments.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
Financial Services Authority, Saint Vincent and the Grenadines
Why we reached this verdict
How the evidence adds up.
We rate this high risk and unverified rather than a confirmed scam. Here is the reasoning.
- It took deposits with no licence from anyone. Quox offered leveraged trading in currencies, crypto and CFDs and accepted client money. We checked and found no authorisation from any financial regulator in any jurisdiction. That is the single most important fact here.
- Its regulatory wording was misleading. The footer told visitors the company was incorporated in Saint Vincent and the Grenadines and registered by the Financial Services Authority, placed directly alongside its risk warnings about leveraged products. That reads like supervision. It is not. The Authority states plainly that it does not issue licences for forex trading or brokerage, and does not regulate companies that carry on that business.
- It solicited people in countries where it had no permission. By December 2022 the sign-up form let residents of the United Kingdom, Germany, Australia and most of the world open an account. An offshore company with no licence anywhere had no business taking those clients.
- The money-handling structure was thin. The named payments processor was a UK company at 20-22 Wenlock Road in London, a well-known mail-forwarding address, registered as an IT consultancy rather than a financial firm, and it has since been dissolved.
- The marketing used the patterns that trap withdrawals. A 25 dollar sign-up bonus, a loyalty bonus to boost the trading balance, coins earned per trade, referral contests and global competitions, with sign-up gated on accepting separate conditions of withdrawal and promotion terms. Bonus-linked withdrawal conditions are the usual mechanism for blocking payouts. We could not read those terms because the legal pages were never archived, so we are describing the structure, not a proven trap.
- What we did not find matters too. No regulator anywhere has issued a warning naming Quox or quox.io. We found no complaint that the firm refused to return money, and no evidence it impersonated another company. We are not calling this theft, because nothing we found supports that.
- It is over. The corporate identifier lapsed in 2023, the UK company was dissolved in April 2024, the domain was allowed to expire and was picked up in September 2025 by a privacy-shielded registrant that now runs adverts on it. This looks like a business that closed rather than one that ran off with a pile of client money, though we cannot rule out the latter given how little trace it left.
- On its age, one caveat. The company leg is solid: Companies House shows the UK arm incorporated on 10 November 2021, and the Saint Vincent registration number carries 2021. We could not obtain an exact incorporation date for the Saint Vincent company because that register cannot be searched, so the age rests mainly on the UK record and the earliest verified appearance of the website in December 2021.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The quox.io domain now carries a registration dated 17 September 2025 under a privacy service in Cyprus, expiring September 2026. The broker operated the site years earlier, so the domain lapsed and was picked up by a new holder.
E2The archived homepage from March 2022 states that Quox is a trading name of Quox Capital LLC, incorporated in St Vincent and the Grenadines, number 1312 LLC 2021, and registered by the Financial Services Authority, with the Kingstown address. No licence number appears anywhere on the page.
E3The Saint Vincent and the Grenadines Financial Services Authority states that it does not issue licences for forex trading or brokerage in the jurisdiction, and does not regulate or license business companies or limited liability companies engaged in that activity.
E4QC Technology Ltd, the company Quox named as responsible for all payment processing, was incorporated on 10 November 2021 as QUOX CAPITAL UK LTD, sits at 20-22 Wenlock Road in London, is registered as an IT consultancy, and was dissolved on 2 April 2024.
E5The legal entity record for QUOX.IO LLC, previously named Quox Capital, confirms company number 1312 LLC 2021 in Saint Vincent and the Grenadines at the Kingstown address. The identifier was first issued in August 2021 and its registration status is lapsed. This proves the company exists but is not a trading licence.
E6The Trustpilot page for quox.io holds zero reviews and no rating. For an operation that traded for roughly two years, no customer left any public feedback, positive or negative.
ModerateTrustpilot page for quox.ioE7The quox.io address now serves a domain-parking page of unrelated sponsored links covering online courses, luxury watches and jewellery. The bare domain refuses connections altogether. No trading service exists.
E8By December 2022 the sign-up form offered a country list covering the United Kingdom, Germany, Australia and almost every other jurisdiction, and gated registration on accepting separate conditions of withdrawal and promotion terms. An unlicensed offshore company was soliciting clients in strictly regulated markets.
E9A search of the Saint Vincent and the Grenadines FSA site returns no warning notice naming Quox, Quox Capital or quox.io, even though the Authority publishes named warnings about other firms. No hits as at 20 August 2026.
E10The Saint Vincent company register is published as a weekly table without a working search function, so the exact incorporation date and current status of the Quox entity could not be read directly from the registry.
The other side
The strongest case in this broker’s favour.
The fair case for Quox Capital, which we looked for deliberately:
- It was honest about where it was from. The footer named the real legal entity, the real company number and the real Kingstown address. Many scams hide all three. Everything it published about its identity checks out against the corporate record.
- It is not a clone. It did not borrow anyone else's licence number, brand or registered address. We checked. Impersonation is the most damaging thing a broker can do and Quox did not do it.
- No regulator has ever warned about it. We swept the major warning lists and the Saint Vincent Authority's own notices. Quox appears on none of them, even though that Authority does publish named warnings about other firms.
- No one has accused it of stealing money. We found no report of a refused withdrawal, a frozen account or a demand for a fee to release funds. For an operation that ran about two years, that absence is worth stating.
- Being registered offshore is not itself fraud. Hundreds of genuine brokers operate from weak jurisdictions. The problem here is the total absence of a licence, not the choice of country.
- A quiet shutdown is not an exit scam. The company let its filings lapse, dissolved its UK arm and let the domain expire. A firm running off with client funds usually leaves angry customers behind. We found none, which is at least consistent with an ordinary business failure.
What would change this
What we would need to see to revise the verdict.
Concrete things that would move this verdict in either direction:
- Towards scam: a single credible account from a client who could not withdraw, especially one describing a demand for a tax, fee or further deposit before release. One specific, checkable case of that would change the picture immediately.
- Towards scam: a warning notice from any regulator naming Quox Capital, QUOX.IO LLC or quox.io.
- Towards scam: evidence that this team has reappeared under a new brand using the same platform, payment rails or Kingstown address. We looked and found no successor.
- Towards scam: the archived promotion and withdrawal terms surfacing and showing volume locks that made bonuses effectively impossible to clear.
- Towards lower risk: a genuine trading licence appearing on a recognised regulator's register in the name of QUOX.IO LLC.
- Towards lower risk: documented evidence that clients were paid out in full when the business wound down.
- Housekeeping: the Saint Vincent register becoming searchable so the exact incorporation date and current company status can be confirmed.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Saint Vincent and the Grenadines FSA, entity name register
The official company register for Saint Vincent, updated weekly.
Saint Vincent and the Grenadines FSA, statement on forex licensing
The Authority confirms it issues no forex trading or brokerage licences.
UK Companies House, QC Technology Ltd (formerly Quox Capital UK Ltd)
The dissolved UK company Quox named as its payments processor.
GLEIF, legal entity record for QUOX.IO LLC
Confirms the company exists and its identifier has lapsed. Not a trading licence.
Trustpilot page for quox.io
Shows the operation left no customer review footprint at all.
Frequently asked questions
Quick answers about this broker’s safety.
Is Quox Capital a scam?
We found no proof of theft, so we do not call it a confirmed scam. We do rate it high risk. It took client deposits for leveraged trading without a licence from any financial regulator, and it has since shut down. Nobody should send it money.
Is Quox Capital regulated?
No. It held no trading licence anywhere. Its only paperwork was a company registration in Saint Vincent and the Grenadines, number 1312 LLC 2021. A company registration is not financial regulation and gives clients no protection.
Does the Saint Vincent FSA regulate Quox Capital?
No. The Financial Services Authority of Saint Vincent and the Grenadines states in its own notices that it does not issue licences for forex trading or brokerage, and does not regulate companies that carry on that business. Registering a company there is not the same as being supervised.
Is the Quox website still working?
No. The main address refuses connections, and the www address now lands on a domain-parking page showing unrelated adverts. The domain was allowed to expire and was re-registered in September 2025 by a different, privacy-shielded holder.
Can I still withdraw my money from Quox?
There is no working platform to withdraw from. If you still hold a balance, collect your statements, deposit receipts and transaction records, then speak to your bank or card issuer about a chargeback and report the loss to the regulator in your own country.
Was my money safe with Quox Capital?
There was no protection. With no licence, there were no segregated client account rules, no compensation scheme and no ombudsman. If funds were not returned, there was no regulator with the power to intervene.
Who owned Quox Capital?
The operating company was QUOX.IO LLC, previously named Quox Capital LLC, registered in Kingstown, Saint Vincent and the Grenadines. A related UK company, first named Quox Capital UK Ltd and later QC Technology Ltd, handled payments and was dissolved in April 2024. No individual owners or directors were ever published.
How old was Quox Capital?
It dates from 2021. The UK company was incorporated on 10 November 2021, the Saint Vincent registration number carries 2021, and the website first appears in December 2021. The trading site was live for roughly two years.
Is Quox Capital a clone of another broker?
No. It used its own name, its own company number and its own address. It did not borrow another firm's licence or identity, which is an important point in its favour.
Have regulators warned about Quox Capital?
Not that we could find. We checked the major warning lists and the Saint Vincent Authority's own published notices as at 20 August 2026 and found no entry naming Quox, Quox Capital or quox.io. Warning lists do lag, so this is not a clean bill of health.
Why are there no reviews of Quox Capital anywhere?
Its Trustpilot page has zero reviews, and we found no substantive discussion on trading forums either. For a business that ran about two years that is unusual. It means we cannot confirm clients were treated well, and it also means no pattern of complaints exists.
What kind of trading did Quox offer?
Over 70 instruments across crypto, currencies, indices, gold and oil, on an in-house platform called the Quox trader where you selected a trading period and a risk level. It leaned heavily on a 25 dollar sign-up bonus, loyalty bonuses, referral rewards and global trading competitions.
Should I trust anyone contacting me about Quox today?
Be very careful. The brand is dormant and the domain belongs to someone else now. Anyone offering to recover your Quox funds for an upfront fee should be ignored, because charging former victims a release fee is itself a common follow-up scam.
What should I check before depositing with any broker?
Find the licence number, open the regulator's own register yourself, and confirm the entity name and the website listed there match the site you are using. If the only paperwork on offer is an offshore company registration, treat it as unregulated.
What we recommend
The practical takeaway from everything above.
What we suggest, in order:
- Do not deposit. There is nothing to deposit into. The site is gone and the domain is now an advertising page run by someone else.
- Treat any site or person now using the Quox name as unrelated until proven otherwise. Lapsed broker brands get recycled. The current holder of the domain is not the original company.
- If you still hold a balance, gather your records now: account statements, deposit receipts, transaction IDs and any correspondence. Ask your bank or card issuer about a chargeback, and if you paid in crypto, keep the wallet addresses.
- Report it to the financial regulator where you live, not to the Saint Vincent Authority, which has no jurisdiction over forex business.
- Ignore anyone offering to recover your funds for an upfront fee. That approach is itself a well-known follow-up scam that targets former clients of collapsed brokers.
- Before any future broker, check the licence number on the regulator's own register and confirm the website listed there matches the site you are on.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed August 20, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
