Qtrade.org.uk Review – Qtrade is a Scam exposed by the Authorities!

Qtrade.org.uk Review – Qtrade is a Scam exposed by the Authorities!

Caution! Qtrade.org.uk is an offshore company! Your funds may be at risk.

 

Qtrade.org.uk Key Features

🔴 Qtrade.org.uk is an officially exposed scam- evidence of a scam!

🔴 Qtrade.org.uk has negative reviews– a warning sign!

🔴 Qtrade.org.uk is not transparent- a major red flag!

🔴 Qtrade.org.uk creates unrealistic expectations- a major red flag!

Qtrade.org.uk Products and Services

Qtrade.org.uk is a fake Forex brokerage offering highly suspicious leveraged trading services. Namely, it claims to provide 1:800 leverage, but at the same time pretends to be FCA regulated- a terrible inconsistency as the British authority already imposed a leverage cap of 1:30. With that being said, Qtrade.org.uk apparently either breach financial laws and regulations or operates without a license and whatever the case, this is just a broker you should avoid.

And on top of all that, Qtrade.org.uk pretends to offer the best trading terminal possible, but it could only deliver a primitive web-based platform that's worse than useless. Therefore, Qtrade.org.uk knowingly creates a false sense of hope and security, thus aiming to mislead customers and entice them into its fraudulent scheme. Yes, Qtrade.org.uk is a scam, and we'll show you why in the following sections. For now, though, just bear in mind that Qtrade.org.uk's services are highly controversial and indeed suggest it's a scam.

Scams involve investments with ultra-high ROIs, get-rich-quick schemes, or guaranteed profits. Always be wary of investment possibilities that offer a large return with little or no risk — if it seems too good to be true, it most likely is, so that's potentially a scam. Also, note that during volatile times, any investment that regularly increases month after month—or that produces astonishingly stable returns independent of market conditions—should raise questions. Even low-risk investments are not entirely secure. Therefore, every time you see promises for risk-free guaranteed profits, you should remain sceptical because these people aim to create a false sense of security. Beware!

Qtrade.org.uk Company and Regulation

Company:Qtrade (clone of FCA authorised firm)
Country:None
Regulation:None
Warnings:FCA, CNMV, FSMA

The first thing we should say is that Qtrade.org.uk is a scam! The British regulator FCA was the first one to issue a warning against Qtrade.org.uk, exposing it as fraudulent and actually revealing it's a clone firm- the broker falsely uses the corporate details of a genuine British company, thus misleading customers in its attempt to gain confidence and catch them off-guard. Clones are dirty impersonators, and deceitful entities like Qtrade.org.uk are particularly dangerous as they may appear legit in the first place- it's sometimes hard to realise you are dealing with a scam before it gets too late.

And after the British warning, a few other European regulators also blacklisted Qtrade.org.uk, including CNMV (Spain) and CONSOB (Italy). Qtrade.org.uk is proven to be a fraud, so make sure to avoid it at every cost.

Almost all regulators frequently update their warning lists with shady business entities selling financial products and services without authorization. In other words, all these companies are breaching financial rules and regulations; therefore, they are unsafe and, most usually, scams. Needless to say, you should avoid any company with a warning on its name.

The US regulators are no exception. For example, SEC has its PAUSE list, including business entities falsely claiming to be registered, licensed, or located in the States. The PAUSE Program also lists impersonators, fictitious regulators, governmental agencies, or international organizations- scams, in other words. Additionally, CFTC maintains a RED list (Registration Deficient List) containing names of unauthorized foreign entities that appear to be acting in a way that requires registration with the CFTC. However, the RED list inclusion doesn't necessarily mean that the particular entity has been caught in violation, but you'd better remain cautious.

The bottom line is that you should avoid any investment scheme with a warning on its name, and generally, any firm that's not regulated but offers financial services.

Qtrade.org.uk Address and Contacts

Address:None
Phone number:None
E-mail:[email protected][email protected]

Qtrade.org.uk reveals no contact information whatsoever except for a couple of e-mails. However, that's the information we got from the website. In reality, Qtrade.org.uk pretends to be headquartered in the UK and gives out the address of a legitimate authorised company- London Capital Group Ltd. Namely, Qtrade.org.uk pretends to be located on 3rd Floor 80 Cheapside London, EC2V 6EE, UNITED KINGDOM, but that's just a lie. Also, note that clones may abuse many companies at the same time, so whatever address you are told is potentially fraudulent and linked to another legit company that has nothing to do with the dirty scam Qtrade.org.uk.

In any case, though, Qtrade.org.uk is not transparent, which is a major red flag as it actually wants to remain anonymous and hard to catch- typical behaviour for scammers! Beware!

For investments, transparency is essential since you should know who is managing your money and where it actually is. Legitimate businesses always operate in a transparent manner, and they are required by law to disclose their headquarter address, phone numbers, and all legal documents that detail the provisions of the service. And our experience tells that if you can't reach these people over the phone number provided, can't verify the locations, or can't confirm in any other way that the investment provider is authorized to sell financial goods, then that's most likely a fraud. So, regardless of the warning issued, we can guess there is something wrong with the investment scheme in question.

Is Qtrade.org.uk Safe?

Qtrade.org.uk is not safe! It's a fake brokerage that was exposed as a clone firm and a scam scheme, so make sure to avoid it because you'll lose money if you deposit there. If you are interested in trading, you should go for licensed companies only as your funds will be protected at all times.

Scam Warning

For various reasons, dealing with unregulated investment platforms is always a terrible idea. Above all, the lack of regulation strongly signals that something fishy is going on there, as only licensed companies can provide investment services. As you might expect, scams can't thrive in a robust regulatory environment, so consider twice before depositing with unlicensed investment providers.

A scam or a fraud is any crooked scheme devised to defraud you out of money or steal your personal information, and every scam setting is practically unregulated. Scammers work with hackers, too, and often buy bulky packages of information, including phone numbers, e-mails, social media profiles and other personal details of customers, which greatly facilitate scams. So, if someone contacts you out of a sudden, you'd better always consider the possibility that it could be a scam.

Scammers target many people and constantly evolve their approach making scams harder to recognise. In particular, the crypto scam is now booming for two particular reasons- lack of knowledge and popularity. There is a third one, too- scammers take advantage of the less regulated environment to lure people into crooked scam settings that have nothing to do with crypto at all. In any case, it's getting harder to spot potential fraud, but warnings issued by regulators help to raise awareness, and you'd be much better off if you always research thoroughly before any investments have occurred. Markets are plagued by scammers, and it's for real.

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