QuickFxTrade Review

Is QuickFxTrade a scam or legit broker? Read QuickFxTrade Review

About QuickFxTrade

 Website – https://quickfxtrade.com/

 Address – 3505 Harrison Avenue Beaumont, TX 77706

 Warned By – Securities and Exchange Commission (United States of America)

Domain Age Information of QuickFxTrade

The main reason why QuickFxTrade is a possible scam broker is that the broker has got many Complaints and negative QuickFxTrade reviews and other possible scam features can also be the reason. Your funds may not be safe if you are trading with this broker.

QuickFxTrade (quickfxtrade.com) is a binary and cryptocurrency trading platform. It also claims to provide additional crypto investments. If you don’t invest with Quick FX Trade, you’ll lose everything. The majority of members who made deposits with the platform are now kicking themselves. For the previous few weeks, none of them has had the opportunity to withdraw monies.

There is also no information about the platform’s background or history. Your reputation is essential when it comes to crypto investing and trading. Unfortunately, it appears that the platform does not want people looking into their background.

Regulation

The QuickFxTrade website appears legitimate at first look, but closer study shows a major red flag. It is unknown who is behind the QuickFxTrade. Neither website nor the Terms and Conditions refer to a specific legal organization by name. This is simply unacceptable for any reputable firm, let alone one that provides financial services.

As a result, whoever owns the QuickFxTrade is not licensed as a broker, and their actions are not regulated. You should only trust respectable brokers from in well-established financial centres such as the United Kingdom, the European Union, the United States, or Australia.

Brokers’ actions are regulated by major regulatory authorities such as the Financial Conduct Authority (FCA) in the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC), the Commodity Futures Trading Commission (CFTC) in the United States, and the Australian Securities and Exchange Commission (ASIC).

We also reviewed comparative-looking broker sites in our scam brokers 2023 list, the vast majority of them are unlicensed and obscure.

QuickFxTrade possible scam activities

It can be challenging to identify trading scams, such as Forex, Binary Options, and Cryptocurrency. However, there are some indicators to look out for.

Here are some of the very possible reasons why we have flagged this broker as a scam broker in this QuickFxTrade review.

• The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
• The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
• The broker may have made a number of false claims through its website.
• The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.
• The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are havens for scam brokers.
• This broker provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals, and ultimately you are not able to make a withdrawal.

QuickFxTrade has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2023.

Example of Negative QuickFxTrade Review

After Searching internet you will find many negative QuickFxTrade Reviews. Users have frustrations and feel cheated after trading with this broker. ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and QuickFxTrade reviews are negative.