Score

1.46 /10
Danger

QuantBitex

Switzerland

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.63

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

CH FINMA
2021-07-08

Broker Information

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Company Name

QuantBitex

Company Abbreviation

QuantBitex

Platform registered country and region

Switzerland

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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QuantBitex · Company summary

Note: QuantBitex's official website - https://quantbitex.com/ is currently inaccessible normally.

QuantBitex Review Summary
Founded2022
Registered Country/RegionSwitzerland
RegulationNo regulation
Market InstrumentsCFDs
Demo Account/
LeverageUp to 1:400
Spread/
Trading PlatformWeb
Min Deposit250 EUR
Customer Support24/5 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 and Cons

Pros Cons
Multiple account typeInaccessible website
Flexible leverage ratiosLack of regulation
Popular payment optionsInactivity fees charged
No MT4 or MT5
High minimum deposit
Inactivity fee charged

Is QuantBitex Legit?

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!

No license
Domain information
Disclosure

What Can I Trade on QuantBitex?

QuantBitex specializes in CFDs trading. It claims to offer a number of products, but the details are not clear.

Account Type/Leverage

QuantBitex offers 4 types of accounts, including Basic Account, Silver Account, Gold Account, and Platinum Account.

Account TypeMin DepositMax DepositMax Leverage
Basic250 EUR4,999 EUR1:50
Silver5,000 EUR24,999 EUR1:100
Gold25,000 EUR100,000 EUR1:200
Platinum100,000 EURNo limit1:400
Account comparison

Leverage

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.

Trading Platform

QuantBitex uses a web-based platform, and it does not support MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
Web TraderWeb/
MT4/Beginners
MT5/Experienced traders

Deposit and Withdrawal

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.

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周见录³⁷⁸⁹
more than one year
Never trust this company at all, I once trusted them with my money and it ended up in no more response from their emails, my agent blocked me, for several weeks with no reply. Really hoped I didn't have to go through that but the fact these companies don't have proper regulations makes them act anyhow.
Never trust this company at all, I once trusted them with my money and it ended up in no more response from their emails, my agent blocked me, for several weeks with no reply. Really hoped I didn't have to go through that but the fact these companies don't have proper regulations makes them act anyhow.
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2023-03-14 14:46
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