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Quantrix Capital Broker Review

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Quantrix Capital 2025 Review: Everything You Need to Know

  Summary: The overall assessment of Quantrix Capital is overwhelmingly negative, with multiple sources labeling it as a potential scam. Key concerns include its lack of regulation, withdrawal issues, and dubious operational practices. Users have reported difficulties in withdrawing funds, often being pressured to pay additional fees.

  Note: It is crucial to consider the varying regional regulations when evaluating brokers like Quantrix Capital. The absence of oversight from recognized financial authorities raises significant red flags regarding the safety of client funds.

  

Rating Overview

Category Score (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 2
Trading Setup (Experience) 3
Trustworthiness 1
User Experience 2

  We assess brokers based on user reviews, expert opinions, and factual data from regulatory sources.

  

Broker Overview

  Founded in 2021, Quantrix Capital claims to operate from the UK, although it is not regulated by any major financial authority like the FCA. The platform offers trading services through a web-based interface and supports various asset classes, including forex, CFDs, and cryptocurrencies. However, the absence of a legitimate regulatory framework raises concerns about the safety of investments.

  

Detailed Section

  

Regulatory Status

  Quantrix Capital operates without valid regulation, which is a significant concern for potential investors. The Ontario Securities Commission (OSC) and other regulatory bodies have issued warnings against the broker, indicating that it provides unauthorized financial services. This lack of oversight places client funds at considerable risk, as there is no recourse for recovery in case of disputes or malfeasance.

  

Deposit/Withdrawal Methods

  The broker requires a minimum deposit of $250, which is considered high compared to legitimate brokers that allow for much lower initial investments. Withdrawal requests have been reported as problematic, with users often facing excessive delays or being asked to pay additional fees before their funds can be released. Many users have expressed frustration over these practices, suggesting that the broker may employ tactics to retain client funds.

  

Bonus/Promotions

  While Quantrix Capital does not appear to offer any significant bonuses or promotions, it is essential to note that any bonuses offered by unregulated brokers can often come with hidden strings attached. Users have reported being pressured to meet unrealistic trading volumes to unlock their funds, a common tactic used by fraudulent firms.

  

Tradable Asset Classes

  The broker claims to offer a wide range of trading instruments, including forex, commodities, indices, shares, and cryptocurrencies. However, the spreads and fees associated with these trades are not clearly disclosed, raising concerns about the transparency of their pricing model. Reports indicate that spreads can be as high as 9 pips for major currency pairs, which is significantly above industry standards.

  

Costs (Spreads, Fees, Commissions)

  The cost structure at Quantrix Capital is another area of concern. The average spread of 9 pips is exorbitant, especially when compared to the industry average of around 1.5 pips. Furthermore, the absence of clear information regarding commissions and fees makes it difficult for traders to understand the true cost of trading on the platform.

  

Leverage

  Details regarding leverage offered by Quantrix Capital are ambiguous, with no specific information provided on their website. High leverage can amplify both profits and losses, making it a critical factor for traders to consider. However, the lack of transparency in this area further diminishes the broker's credibility.

  

Allowed Trading Platforms

  Quantrix Capital primarily offers a web-based trading platform, which lacks the advanced features found in popular platforms like MetaTrader 4 or MetaTrader 5. This limitation may hinder traders who rely on sophisticated tools for technical analysis and automated trading.

  

Restricted Regions

  The broker does not accept clients from the United States, which is a common practice among unregulated brokers. This restriction raises further questions about the firm's legitimacy and operational practices.

  

Available Customer Service Languages

  Customer support at Quantrix Capital is reportedly limited, with users expressing dissatisfaction over the responsiveness and effectiveness of the service. The lack of clear communication channels and support options is a significant drawback for traders seeking assistance.

  

Detailed Breakdown

  •   Account Conditions: The minimum deposit of $250 is considered high for a broker with such a poor reputation. The lack of demo accounts further complicates the onboarding process for new traders.

  •   Tools and Resources: The platform's educational resources are minimal, lacking comprehensive materials that could help traders improve their skills. The absence of user testimonials also raises questions about the broker's effectiveness.

  •   Customer Service and Support: Users have reported difficulties in reaching customer support, with many expressing frustration over the lack of timely responses to inquiries.

  •   Trading Setup (Experience): The web-based platform does not offer the advanced features that experienced traders expect, limiting the overall trading experience.

  •   Trustworthiness: Multiple sources have flagged Quantrix Capital as a potential scam, emphasizing the risks associated with unregulated brokers. The absence of a credible regulatory framework is a significant red flag.

  •   User Experience: Overall user experience is marred by withdrawal issues and a lack of transparency regarding fees and trading conditions.

  •   In conclusion, the Quantrix Capital review paints a troubling picture of a broker that lacks regulatory oversight and operates with questionable practices. Potential investors are advised to proceed with caution and consider more reputable alternatives.

Quantrix Capital review