Abstract:Quantrix Capital states that it is located in the United Kingdom, although there is no confirmation of this being the truth. The local FCA does not control the broker, and hence even if the company was somehow able to situate itself I the UK, it won’t be long till the authorities shut its operations down.
Unavailable Official Website
We were only able to piece together a general picture of Quantrix Capital as a forex broker by gathering pertinent information from other websites since the official website of Quantrix Capital is currently inaccessible.
General Information
Quantrix Capital states that it is located in the United Kingdom, although there is no confirmation of this being the truth. The local FCA does not control the broker, and hence even if the company was somehow able to situate itself I the UK, it wont be long till the authorities shut its operations down.
Market Instruments
Quantrix Capital claims that available trading instruments on its platform include forex currency pair, commodities, indexes, stocks, and cryptocurrencies.
Account Types
Quantrix Capital is said to offer four trading accounts to satisfy different traders trading needs, namely Apprentice, Intermediate, Superior and Distinguished. The account balance requirement for each account ranges from $250 to as high as $250,000. Yet additional account features are not disclosed.
Spreads
There was a spread of 9 pips on the EUR/ USD pair, which is absurdly high. It is easy to understand how things have gone horribly wrong here when one considers that the typical spread is approximately 1.5 pips.
Leverage
A requirement for leverage or margin could not be found anywhere on its official website, although we searched high and low.
Trading Software
It appears that Quantrix Capital provides a web trader, which is likely the prototype for these kinds of terminals. Its primary objective is to maintain its presence and attract first-time users.
Deposit & Withdrawal
According to the information provided in the user area, the minimum required deposit is $250. The broker offered several different cryptocurrency wallets and a bank transfer as its payment methods. It should be noted that some of the payment methods have been rendered completely inoperable, leaving consumers with a small number of crypto wallets that are extremely hazardous to use with. The withdrawal section discloses that there is a minimum withdrawal amount of $100.
Customer Support
The Quantrix Capital team can be reached through telephone at 1437839695, email: support@quantrixcapital.com. Company Address: 120 Bark St, Bolton BL1 2AX United Kingdom.
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