Quantumforextrade.com or QFT is supposedly a leading securities and commodities trading firm specialized in Forex trading brokerage services. They also claim to be a market maker in CFDs which include shares, indices and futures. On their marketing material, they claim to be working with 10,000 different clients across the world. These include independent traders, money managers and institutional clients. They also assure their clients that Quantum Forex Trade provides advanced, secure and comprehensive online trading system and that clients funds are held in segregated accounts.
What we want to establish is whether this entity is providing us with an accurate description of how their services work. As far as our investigations are concerned, we have discovered that nothing about Quantum Forex Trade can be trusted. We have gone through the website’s marketing content and found many lies. They even claim that they were featured on the Financial Times, Multex and Reuters and are also subscribed to by institutions like J.P. Morgan, HSBC Asset Management, and Goldman Sachs.
We can assure you that Quantum Forex Trade is not able to provide evidence to support any of those claims. But these claims steal sound pleasing in the ears of those who are new to this industry and have never been scammed before. We are actually not shocked by these proclamations.
We expected more as we investigated Quantum Forex Trade in a bid to try unearthing more disturbing facts. One of them is that Quantum Forex Trade was created in 2006. This is an unbelievable statement because if we investigate further, we realize that even Alexa has not even started picking traffic numbers to this website. A site that was created in 2006 must surely have its traffic numbers being counted on the Alexa platform. Instead, what we are getting on this platform is a suggestion that the site is very new and the traffic that gets to it is quite insignificant.
Having said this, we don’t think that Quantum Forex Trade can persuade experienced investors with their numerous lies and marketing gimmicks. They are a scam. If you want a good place to invest, please consult this page and pick any of the products that will suit you. As for Quantum Forex Trade, there is a case to answer because what we write here is not mere accusations but things that are supported by facts rather than allegations.
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Quantum Forex Trade operates like a money manager or a hedge fund for that matter. They offer 3 types of investment plans namely Silver, Gold and VIP. For a minimum investment of $500, one can subscribe to their silver plan which will supposedly earn them 5X their initial investments in record 18 days. Gold membership requires a minimum of $1,100. It claims that investors who put their money here should expect up to 7X the value of their initial investments in record 1 week. Finally, their VIP membership targets corporations or institutional clients who can afford to invest a bigger amount of money.
In this investment plan, Quantum Forex Trade claims to multiple investment ten fold in record 18 days. The minimum capital that this website requires for investors to participate in this plan is $10,000.
Now, when we saw these plans, we immediately became curious and suspicious because honestly, we have never seen or heard of a fund manager who offers these returns in less than one month. The returns are huge and abnormal and the duration of investing is so short. This suggests that something is not right here. All supposed money managers who claimed to multiple investors money at this rate turned to be scammers. We have never encountered a single money manager who gave us abnormal figures for returns and never scammed the victim in the end.
These figures are therefore very disturbing. Any investor who believes these profit figures should be in for a rude shock because it clearly shows the nature of Quantum Forex Trade and the people who work behind the scenes. We don’t trust those income figures because it is simply impossible to multiple returns 10 fold in a matter of 18 days. It is too good to be true.
There are some explanations which allegedly tell us how they invest the monies which they collect from naive investors. They claim to put it in oil and gas, real estate and Forex trading. They even claim that 79% of the monies they collect from their investors go to Forex trading. The question is this, if the site operators are using Forex trading as a means to generate revenue, how come that they do not have proof of trading on their website? Throughout the website, we were not able to find audited past performance which shows that the team behind this website are trading and generating revenue from trading. In short, there is zero evidence of Forex trading, and yet they want us to believe that they are generating a bigger percentage of their returns from this activity. Isn’t this just too good to be true?
Quantum Forex Trade gives is a UK address and claims that they are authorized by the FCA to provide financial services to members of the public. We are concerned with the licensing number which they have posted on their website because this cannot be verified on the FCA database. We searched it there and found nothing. Moreover, their physical address does not seem to show that a company in the name of Quantum Forex Trade is existing in this region. This seems to be something that the owners of this website wanted to use to mislead the victims.
In short, Quantum Forex Trade is not authorized by the FCA to provide any financial services to residents of the UK. On top of this, ownership details for this site are unknown. Testimonials are fake. How can we believe them?
This is a scam and you should only invest with these products since Quantum Forex Trade failed our test of credibility.
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