User Reviews
More
User comment
1
CommentsWrite a review
Score
Switzerland
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.63
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
More
Company Name
QuantBitex
Company Abbreviation
QuantBitex
Platform registered country and region
Switzerland
Company website
Company summary
Pyramid scheme complaint
Expose
Note: QuantBitex's official website - https://quantbitex.com/ is currently inaccessible normally.
QuantBitex Review Summary | |
Founded | 2022 |
Registered Country/Region | Switzerland |
Regulation | No regulation |
Market Instruments | CFDs |
Demo Account | / |
Leverage | Up to 1:400 |
Spread | / |
Trading Platform | Web |
Min Deposit | 250 EUR |
Customer Support | 24/5 support |
Tel: +442045427999 | |
Email: support@quantbitex.com |
QuantBitex was registered in 2022 in Switzerland, specializing in CFDs trading. It offers 4 types of live accounts, with a minimum deposit of 250 EUR and a maximum leverage of 1:400. However, it is not regulated, which means potential risks may be high.
Pros | Cons |
Multiple account type | Inaccessible website |
Flexible leverage ratios | Lack of regulation |
Popular payment options | Inactivity fees charged |
No MT4 or MT5 | |
High minimum deposit | |
Inactivity fee charged |
No, it is not regulated by the financial services regulatory authority in Switzerland, which means that the company lacks regulation from its registration site. Moreover, its domain status shows that client transferring is prohibited. Besides, Swiss Financial Market Supervisory Authority once issued a warning notice about this company. Please note the potential risks!
QuantBitex specializes in CFDs trading. It claims to offer a number of products, but the details are not clear.
QuantBitex offers 4 types of accounts, including Basic Account, Silver Account, Gold Account, and Platinum Account.
Account Type | Min Deposit | Max Deposit | Max Leverage |
Basic | 250 EUR | 4,999 EUR | 1:50 |
Silver | 5,000 EUR | 24,999 EUR | 1:100 |
Gold | 25,000 EUR | 100,000 EUR | 1:200 |
Platinum | 100,000 EUR | No limit | 1:400 |
Leverage varies from 1:50 to 1:400 depending on the type of trading account. The trading leverage is considered to be an amazing tool for presenting more flexibility and increasing profit potential.
You should be aware that leverage can contribute to both gains and losses. As a result, inexperienced traders should refrain from using excessive leverage.
QuantBitex uses a web-based platform, and it does not support MT4 or MT5.
Trading Platform | Supported | Available Devices | Suitable for |
Web Trader | ✔ | Web | / |
MT4 | ❌ | / | Beginners |
MT5 | ❌ | / | Experienced traders |
QuantBitex supports several types of payment options, including credit card, bank transfer, and Bitcoin. It is not clear whether deposit and withdrawal fees are needed or not, but inactivity fees are charged. If the account is inactive for 12 months, then $30 is charged.
More
User comment
1
CommentsWrite a review