Score

2.59 /10
Danger

QCG

Saint Vincent and the Grenadines

2-5 years

Regulated in United States

Common Business Registration

cTrader

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index1.25

Business Index5.51

Risk Management Index0.00

Software Index7.49

License Index1.25

Time Machine
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Quantum Capital Global

Company Abbreviation

QCG

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • This broker exceeds the business scope regulated by United States NFA(license number: 20241916605)Common Business Registration Non-Forex License. Please be aware of the risk!

WikiFX Verification

QCG · Company summary
QCG Review Summary
Founded2021
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNFA (Exceeded)
Market Instruments200+, forex pairs, precious metals, indices, shares, cryptocurrencies, oil and energy
Demo Account
Leverage1:30-1:500
SpreadFrom 1.6 pips (Standard account)
Trading PlatformcTrader, Quantum capital global trader
Copy Trading
Min Deposit/
Customer Support24/7 support
Contact form
Tel: +84906712961
Email: support@qcgbroker.com
Address: 63d Võ Văn Tần Phường 6, Quận 3, Thành phố Hồ Chí Minh, 700000 Vietnam

Overview of QCG

Founded in 2021, QCG is a forex broker registered in Saint Vincent and the Grenadines, offering 200+ trading instruments, including forex pairs, precious metals, indices, shares, cryptocurrencies, oil and energy, with flexible leverage ratios ranging from 1:30 to 1:500 and spread from 1.6 pips on the Standard account via cTrader and Quantum capital global trader platforms. However, their NFA license is exceeded.

QCG's homepage

Pros and Cons

ProsCons
Diverse range of tradable assetsExceeded NFA license
Multiple account typesNo MT4/5
Availability of demo accountsUnknown minimum deposit
Flexible leverage ratiosNo info on payment options
Copy trading
24/7 customer support

Is QCG legit?

No, QCG currently has no valid regulations. The claimed Common Business Registration license from the National Futures Association (NFA) is exceeded.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
National Futures Association (NFA)ExceededQUANTUM CAPITAL GLOBAL LTDCommon Business Registration20241916605
Exceeded NFA license

Market Instruments

Tradable Instruments Supported
Forex pairs
Precious metals
Indices
Shares
Cryptocurrencies
Oil & energy
Bonds
Options
ETFs
Market Instruments

Account Types

QCG provides 6 account types, including Standard Account, ECN Account, Swap-Free Account, Virtual Account, Social Copy Trade Account, Promotion Account.

Account comparison

Leverage

QCG provides leverage ranging from 1:30 to 1:500. However, it's important to note that while high leverage can enhance potential gains, it also significantly increases the level of risk. Trading with such a high leverage ratio requires careful risk management and a thorough understanding of the market dynamics.

Spread

Account TypeSpread
Standard From 1.6 pips
ECN0 pips
Swap-FreeFrom 1.6 pips
VirtualNo spread
Social Copy Trade/
PromotionFrom 1.6 pips

Trading Platform

CG offers two trading platforms, cTrader and Quantum capital global trader, each with its own distinct features and advantages.

cTrader is a widely recognized and robust trading platform. It provides advanced charting tools, ultrafast order execution, access to Level II pricing, and a user-friendly interface. Traders can analyze the markets, customize their charts, and automate their trading strategies using cAlgo.

Quantum capital global trader, on the other hand, is a professional trading platform designed for brokers. It offers proprietary technology, a full server setup for complete control, advanced in-house technology, and white label solutions. Traders using Quantum capital global trader can benefit from a user-friendly interface, advanced charting tools, multiple order types, and automated trading capabilities with Expert Advisors (EAs).

Both platforms provide traders with a comprehensive and efficient trading experience, but cTrader is more geared towards individual traders, while Quantum capital global trader is tailored for brokers looking to offer a robust trading solution to their clients.

Trading PlatformSupported Available Devices Suitable for
cTraderDesktop, Web, Android/
Quantum capital global traderWindows, iPhone, Tablet, Android/
MT4/Beginners
MT5/Experience traders
cTrader
Quantum capital global trader

User Reviews

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User comment

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Comments

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Hendrik G
more than one year
Solid, but not spectacular. Does the job, but might not exceed expectations.
Solid, but not spectacular. Does the job, but might not exceed expectations.
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2024-06-28 14:51
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Mohd Ali bin Abdullah
more than one year
IQCG cTrader 's functionality is solid, and the user experience is smooth, the range of charts, indicators, and tools quite comprehensive. 💯
IQCG cTrader 's functionality is solid, and the user experience is smooth, the range of charts, indicators, and tools quite comprehensive. 💯
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2024-06-26 14:53
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