Quantrix Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.quantrix-capital.com/trading.html#/auth/register, about the company's legal and temporary regulatory information, the company's address 120 Bark St, Bolton BL1 2AX United Kingdom.
Quantrix Capital is an online trading platform that was established in 2021. The company claims to be headquartered in Bolton, United Kingdom, at 120 Bark St, Bolton BL1 2AX. However, there is no substantial evidence to support this claim, and it is important to note that the firm operates as an unregulated private entity.
The primary market focus of Quantrix Capital is on retail forex trading, catering to individual traders seeking to engage in various financial instruments. The broker offers a range of services that include forex, CFDs, stocks, indices, and cryptocurrencies. Despite its relatively recent establishment, Quantrix Capital has positioned itself as a player in the online trading sector, aiming to attract clients through its purported educational resources and trading tools.
However, the company lacks a clear development history, and significant milestones are not publicly documented. This raises concerns regarding its operational transparency and reliability. The absence of a parent company or group relationship further complicates the assessment of its legitimacy. Overall, the business model of Quantrix Capital appears to center around retail forex trading, but its unregulated status poses risks to potential investors.
When considering a broker like Quantrix Capital, regulatory oversight is a critical factor. Unfortunately, this broker is not regulated by any major financial authority. Regulatory bodies such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Securities and Exchange Commission (SEC) in the United States are known for their strict standards.
Reports indicate that Quantrix Capital does not possess valid regulatory licenses, and no registration information is available under the FCA or any other reputable body. This raises significant concerns regarding the safety of client funds. Furthermore, there are no investor compensation schemes in place, which means that in the event of insolvency, clients would have limited recourse to recover their investments.
The broker's Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures are reportedly in place, but the effectiveness of these measures is questionable given the lack of regulatory oversight. The absence of a robust compliance framework further underscores the risks associated with trading through this platform.
Quantrix Capital offers a variety of trading products, including:
The introduction of new products seems infrequent, and the broker does not provide updates on product additions, which may hinder traders looking for diverse trading opportunities. The focus appears to be primarily on retail trading services, with no mention of institutional services or white-label solutions.
Quantrix Capital offers its clients access to the MetaTrader 5 (MT5) trading platform, which is known for its advanced features and user-friendly interface. However, the broker also operates a web-based trading platform that lacks the full capabilities of MT5, potentially limiting traders' experiences.
The platform supports mobile trading applications for both iOS and Android, allowing traders to manage their accounts on the go. The execution model employed by Quantrix Capital is not clearly defined; thus, it remains uncertain whether the broker operates on an ECN, STP, or Market Making basis.
While the broker claims to have robust technical infrastructure, details regarding server locations and additional technological support are not provided. There is also no clear indication of API access for automated trading, which could be a disadvantage for algorithmic traders.
Quantrix Capital offers several account types tailored to different trading needs:
The trading conditions vary across account types, with higher-tier accounts offering additional features such as lower spreads and personalized support. However, specific details about spreads, commissions, and leverage ratios are not transparently disclosed, making it difficult for potential clients to assess the trading costs effectively.
The broker does not offer a demo account, which is a common practice among reputable brokers to allow traders to practice without financial risk. The leverage offered by Quantrix Capital is also unspecified, which raises further concerns about transparency.
Quantrix Capital supports a limited range of deposit methods, including:
The minimum deposit requirement is $250, which is relatively high compared to industry standards. Deposit processing times are not explicitly stated, and there are no details regarding any associated fees.
Withdrawal methods are similarly restricted, with a minimum withdrawal limit set at $100. However, the broker does not provide clear information about withdrawal processing times or any fees that may apply, which is crucial for clients to understand before committing funds.
Customer support at Quantrix Capital is accessible through various channels, including:
While the broker claims to offer 24/7 support, the effectiveness of this service is not documented. The languages supported by customer service are also unspecified, which could pose challenges for non-English speaking clients.
In terms of educational resources, Quantrix Capital offers a limited range of materials, with no clear indication of structured programs such as webinars, tutorials, or eBooks. Market analysis services, including daily reports and research, are not mentioned, which may leave traders without essential market insights.
Quantrix Capital primarily serves clients in various regions, including:
However, the broker does not accept clients from the United States or other regions due to regulatory restrictions. The lack of transparency about its operational jurisdictions and the absence of a clear regulatory framework may deter potential clients from engaging with this broker.
In conclusion, while Quantrix Capital presents itself as a forex broker offering a range of trading products and services, its unregulated status, lack of transparency, and questionable operational practices raise significant concerns for potential investors. It is crucial for traders to conduct thorough research and consider the risks before engaging with this broker.