Quantum-Capitals Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!
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I have to inform all investors and traders considering trading with Quantum-Capitals to be aware of this (There is a plethora of better brokers out there guys! Much better conditions to be found elsewhere).
Summary: The overall evaluation of Quantum-Capitals is predominantly negative, with numerous reports highlighting concerns over its unregulated status and potential scams. Despite claims of 24/7 customer support and a proprietary trading platform, the broker's lack of regulation raises significant red flags for potential investors.
Note: It is crucial to acknowledge that Quantum-Capitals operates across various jurisdictions, which may lead to confusion regarding its regulatory status. This review aims to provide a fair and accurate assessment based on available data.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 3 |
| Tools and Resources | 4 |
| Customer Service and Support | 5 |
| Trading Setup (Experience) | 3 |
| Trustworthiness | 2 |
| User Experience | 4 |
| Overall | 3 |
How We Rated the Broker: Ratings are based on user experiences, regulatory status, and expert analyses gathered from various sources.
Quantum-Capitals, established in 2020, is a forex and CFD broker claiming to provide a range of trading services. The broker operates with a proprietary trading platform and offers access to various asset classes, including forex, commodities, indices, and stocks. However, it is important to note that Quantum-Capitals lacks regulation from recognized financial authorities, which significantly impacts its credibility and trustworthiness.
Quantum-Capitals operates without any regulatory oversight, raising concerns about the safety and security of clients' funds. According to multiple reviews, the broker is associated with an offshore company, Quantum AD Media Ltd., based in Dominica, which is known for having lax regulatory frameworks. This unregulated status is a major red flag for potential investors, as it implies that there is no authority to hold the broker accountable for its practices.
The minimum deposit requirement for opening an account with Quantum-Capitals is reported to be $250, which is relatively low compared to other brokers. However, many reviews indicate that withdrawing funds can be problematic, with reports of delays and difficulties in accessing funds once deposited. Users have expressed frustration over the withdrawal process, suggesting that it may take months to receive their money, if at all.
There is limited information available regarding bonuses or promotional offers from Quantum-Capitals. Some reviews indicate that the broker does not currently provide any significant bonuses, which could be a disadvantage for traders looking for additional incentives.
Quantum-Capitals offers a diverse range of trading instruments, including:
However, the actual trading conditions for these instruments are not clearly defined, and the lack of transparency regarding spreads and commissions is concerning.
Details about the cost structure at Quantum-Capitals are unclear. Reviews suggest that while the broker advertises competitive spreads, the absence of specific information makes it difficult to assess the true cost of trading. This lack of transparency is a common issue among unregulated brokers and can lead to unexpected fees for traders.
The leverage offered by Quantum-Capitals is not explicitly stated in the available reviews. This omission is particularly concerning, as leverage can significantly affect trading outcomes. In general, high leverage can amplify both gains and losses, making it a critical factor for traders to consider.
Quantum-Capitals utilizes a proprietary trading platform accessible via web and mobile devices. While some reviews praise the platform's user-friendly interface, others question its reliability and functionality, especially when compared to industry-standard platforms like MetaTrader 4 or 5.
Although specific details regarding restricted regions are scarce, the broker's unregulated status suggests that it may operate in multiple jurisdictions without adhering to local regulations. This could pose risks for traders in regions where strict regulatory compliance is expected.
Quantum-Capitals offers customer support primarily in English, with a contact number and email provided for inquiries. The 24/7 availability of customer support is a positive aspect; however, user reviews indicate mixed experiences with the quality and responsiveness of the support team.
The account conditions at Quantum-Capitals score poorly due to the unregulated nature of the broker and the reported difficulties in fund withdrawals. The minimum deposit requirement is low, but the lack of clarity on account types and trading conditions is concerning.
While Quantum-Capitals claims to provide various tools and resources, many users feel that these offerings are insufficient and lack depth. The educational content and market analysis tools may not meet the expectations of more experienced traders.
Customer service receives a moderate score, with some users reporting positive experiences while others highlight issues with responsiveness and problem resolution.
The trading experience is rated low due to the proprietary platform's limitations and the lack of transparency regarding costs and trading conditions. Users have expressed a desire for more established platforms that offer better functionality and reliability.
Trustworthiness is a significant concern, as Quantum-Capitals operates without regulation and has received numerous negative reviews regarding fund withdrawals and potential scams. This raises serious questions about the safety of trading with this broker.
User experiences vary widely, with some traders reporting satisfaction with the platform's usability while others express frustration over withdrawal issues and lack of transparency.
In conclusion, the Quantum-Capitals review reflects a broker that poses significant risks for potential investors due to its unregulated status and mixed user experiences. Prospective traders are strongly advised to conduct thorough research and consider regulated alternatives for a safer trading environment.
