Quantfury Review: QuantFury.com Cheeky Scam
QuantFury markets itself as everybody's honest trading platform. The entity is dealing with several assets like ETFs, cryptos, Futures, and stocks. The company was allegedly designed to invest in an easy task.
The entity also states that it is transparent and trustworthy. Their application is compatible with all mobile devices. The company professionally presents information. It is easy to mistake them for a reliable venture.
In case you are wondering whether this is a good investment platform, we want to let you know that the entity is not safe. QuantFury has shown various red flags that make them a suspicious firm. The entity is anonymously offering financial services without the necessary documentation.
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QuantFury will not survive long in the market. The moment that they stop receiving funds from clients, their website will become extinct. The safety of your data and funds should be your main objective. Make sure that you do not settle for a company that cannot offer you the same.
QuantFury.com Review
The company has a diverse amount of assets that they are offering. You will never make money with this entity. Considering that they are already blacklisted by the CNMV financial body of Spain. The information of the developer is missing, which raises doubts.
Making money in the online market is something that can generate reasonable returns. However, you need to be careful and trade carefully. If you do not have trading experience, we recommend that you educate yourself first.
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You cannot dive into the industry and start generating mind-blowing profits. It a skill that requires training like a sword needs a whetstone. Additionally, cryptocurrency trading is very risky and volatile.
It is not possible to predict the amount that you are going to generate. The same applies to Forex trading. Scammers are only helpful at the initial stages of investment. They will even ask for more funds with the promise of yielding more returns.
Any attempt at withdrawing the funds will not be successful. If you try contacting the company, they will avoid communicating. Scammers will have hidden charges which they did not feature before. The company will even ask for an additional document to hold your funds.
QuantFury Trading Conditions
QuantFury is a company that uses a mobile trading application. There are multiple methods that you can use to trade. Some investors prefer MT4 software; others utilize the desktop interface. The main benefit of the software is that they have quality tools.
The company does not have enough information regarding the spread that traders can expect. The entity avail leverage of 1:2, which is referred to as the trading power. Compared to other ventures, the ration cap of this venture is low. The minimum amount that the entity accepts is $100.
Withdrawal and Deposit
QuantFury accepts funds via digital currencies like BTC. There is no alternative payment method, and it creates even more suspicion. Crypto payment does not allow traders to issue a chargeback. Additionally, the receiver of funds will remain anonymous.
Therefore, it isn't possible to trace the scammers behind this venture. Scammers use such payment methods so they can limit their clients from getting their funds back. It would help if you did not trust this venture.
However, we do not know if QuantFury is charging hidden fees. The information is not available; critical data is missing with creating even more suspicion. The requirement and the duration that it takes to consider an account dormant is not available.
Contact Details
One of the red flags with QuantFury is that their area of operation remains discreet. A company that is offering financial services to investors needs to be transparent. Clients should be able to visit their offices in case they have any problem.
Additionally, the company does not have any contact details available on its website. They also don't have a social media platform. A legit venture will have a telephone number, live support, and email address that investors can quickly contact.
Unfortunately, QuantFury is not a trustworthy firm. Therefore, we are not surprised when the entity operates in such a shady manner. The people running the broker are also operating mysteriously behind closed doors.
Regulatory Status of QuantFury
The red flags are multiple, and they keep piling up. QuantFury has received a warning from the financial watchdog of Spain. This makes it even hard to trust them. Trading with a blacklisted broker puts your money at more risks.
The company does not care about the law. It offers investors financial services across the world, yet their website is not decorated with multiple licenses. The various government set strict measures with the intention of protecting their citizens against fraudsters.
The USA, EU nations, Asian, African, are some of the countries that have stringent laws. QuantFury will not protect your personal information. The entity can sell you out to other scammers.
Additionally, there is no compensation scheme in place or segregation of funds taking place. The venture fails to provide information about the financial institutions with which they partner with. Therefore, the possibility of depositing funds directly into the scammer's account is high.
Clients Feedback
QuantFury is a platform that has been in the market since January 2017. However, the company does not have customer feedback, which creates more worries. If the company is profitable as it claims, then we should see positive remarks from traders.
Scammers have a way of displaying false information. They even pay marketers to promote them as a legit venture. Therefore, you should not be surprised if you come across such content. Look for proof of payment, and if there is none, then the venture is not worth your time.
Red Flags with QuantFury
A reputable financial watchdog blacklists the company. Therefore, this is clear evidence that the firm is a dirty scam with no intention of serving traders. If you deposit money with them, it is your own risk.
Therefore, the authority will not come to your aid. Additionally, there is nothing that you can do because QuantFury is anonymous. They do not provide contact details, which makes the firm a dirty scheme. The company has been in the market for years, but there are no results. Additionally, they do not do much to try and win over traders.
Their trading activities are not discussed. Additionally, the company does not have trading results. We are yet to see a trader who has earned using the trading app. A lot does not add up, and the anonymity nature of the platform is worrisome.
Final Verdict
Ponzi schemes are very dangerous and tactical. They can manipulate your trading results. Therefore, to make you deposit more money, the company will show you high returns. You might think that you are making a profit, but you will lose when you try cashing out.
Invest with transparent forex trading EAs that are reliable. The information of the developer and the team is accessible to the public. Additionally, the entities are regulated and have no intention of scamming investors.
April 17, 2022 @ 9:14 pm
It’s 2022 and Quantfury is still operating and providing no-fee, unmatched trading conditions and live support in the app. Looks like you got this one wrong.