Quantum Capital is a broker that claims to provide trading services in various financial markets, including forex, commodities, stocks, and cryptocurrencies. However, several traders have raised concerns about the legitimacy of this broker, with some labeling it as a scam. In this article, we’ll examine whether these claims are true and whether Quantum Capital can be trusted.
Is Quantum Capital a Licensed Broker?
No, Quantum Capital is not a licensed broker. We searched several regulatory authorities’ databases, including the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC), but we couldn’t find any record of Quantum Capital authorized to offer financial services.
Why Should You Not Trust an Unlicensed Broker?
A license from a reputable regulatory body should be a significant red flag for any trader looking to invest their money with a broker. Regulatory bodies are responsible for overseeing financial markets and ensuring that brokers comply with strict standards regarding capital adequacy, segregation of client funds, and transparent pricing. Unlicensed brokers are not held to these standards, and there is no guarantee that they will act in their client’s best interests.
Can Quantum Capital Be Trusted?
Based on our research, we cannot recommend Quantum Capital as a trustworthy broker. Several traders have reported difficulties withdrawing their funds, and the company’s website lacks transparency about its ownership and operations.
What Do Traders Think About Quantum Capital?
Several traders have reported being scammed by Quantum Capital. They claim that the company uses high-pressure sales tactics to convince them to invest large sums of money and that they could not withdraw their funds when they wanted to.
Scammed by Quantum Capital? – Talk To Our experts
If you believe you have been scammed by Quantum Capital or any other broker, we recommend seeking expert advice. Our team of financial experts can provide you with a free consultation and recommend services that may help you recover your funds. Contact us today to schedule a consultation.