Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
QuoMarkets Exposed: High Slippage, Profit Withholding & Other Scams
Abstract：Failed to receive unlimited leverage as promised by QuoMarkets? Witnessing higher slippage and a subsequent drop in your trading account balance? Does the forex broker withhold your profits? These have become typical of the way QuoMarkets runs its operations. In this article, we have exposed the forex broker on all these points. Keep reading different QuoMarkets reviews.
Failed to receive unlimited leverage as promised by QuoMarkets? Witnessing higher slippage and a subsequent drop in your trading account balance? Does the forex broker withhold your profits? These have become typical of the way QuoMarkets runs its operations. In this article, we have exposed the forex broker on all these points. Keep reading different QuoMarkets reviews.
Top Trader Reviews Against QuoMarkets
Fake Advertisement of Unlimited Leverage
Leverage is a tool used by traders to gain a large market position for a small investment upfront. To acquire traders, QuoMarkets advertises unlimited leverage. However, that turns out to be a fake in reality. While at the same time, the high spreads do not help traders either. Here is a trader who criticized the broker sharply for failing to deliver on the leverage promise and other deficiencies.
Profit Withholding & Implying Coercive Acts
Despite maintaining a KYC-compliant trading account, traders witnessed massive profit withholding by QuoMarkets. In an incident, a trader admitted to having used USDT and deposited further as directed by the broker after being refused a withdrawal. Despite this, the company refused withdrawals and even threatened the trader with legal action after the latter posted about the trade manipulation on social platforms. Here is one startling review of QuoMarkets.
High Slippage Charges, Spread Manipulation Dampen Investment Mood Further
QuoMarkets is also accused of implying high slippage charges, manipulative spreads and other hidden fees to drain out the investor capital. The screenshot below explains the pain when trapped by such high and unexpected fees.
QuoMarkets Review by WikiFX - Regulation & Score
Even though regulated in the United Arab Emirates, QuoMarkets carries a score of just 2.46 out of 10 for the sheer manipulative trading activity displayed so far. The broker needs to do a lot to improve its brand image and maintain business.
Stay updated about more such forex scam updates and other financial news by joining WikiFX Masterminds.
1. Scan the QR code placed right at the bottom.
2. Download the WikiFX Pro app.
3. Afterward, tap the ‘Scan’ icon placed at the top right corner
4. Scan the code again.
5. Congratulations on joining the group.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Seaprimecapitals Withdrawal Problems: A Complete Guide to Risks and User Experiences
Worries about Seaprimecapitals withdrawal problems and possible Seaprimecapitals withdrawal delay are important for any trader. Being able to get your money quickly and reliably is the foundation of trust between a trader and their broker. When questions come up about this basic process, it's important to look into what's causing them. This guide will tackle these concerns head-on, giving you a clear, fact-based look at Seaprimecapitals' withdrawal processes, user experiences, and trading conditions. Most importantly, we'll connect these real-world issues to the single most important factor behind them: whether the broker is properly regulated. Understanding this connection is key to figuring out the real risk to your capital and making a smart decision.
Original 16h
iFX Brokers Review: Do Traders Face Withdrawal Issues, Deposit Credit Failures & Free Coupon Mess?
Have you had to pay several fees at iFX Brokers? Had your trading profit been transferred to a scamming website, causing you losses? Failed to receive withdrawals from your iFX Brokers trading account? Has your deposit failed to reflect in your trading account? Got deceived in the name of a free coupon? Did the broker officials not help you in resolving your queries? Your problems resonate with many of your fellow traders at iFX Brokers. In this iFX Brokers review article, we have explained these problems and attached traders’ screenshots. Read on!
Original 16h
NinjaTrader Exposed: Why Traders are Calling Out NinjaTrader’s Lifetime Plan & Chart Data
Did NinjaTrader onboard you in the name of the Lifetime Plan, but its ordinary customer service left you in a poor trading state? Do you witness price chart-related discrepancies on the NinjaTrader app? Did you have to go through numerous identity and address proof checks for account approval? These problems occupy much of the NinjaTrader review online. In this article, we have discussed these through complaint screenshots. Take a look!
Original 17h
Questrade Review Pros, Cons and Regulation
Is Questrade legit? Yes—CIRO regulated broker offering stocks, ETFs, forex, CFDs, bonds, and more with low fees and modern platforms.
Original 18h
WikiFX Broker
Latest News
Axi Review: A Data-Driven Analysis for Experienced Traders
WikiFXINZO Regulation and Risk Assessment: A Data-Driven Analysis for Traders
WikiFXPepperstone CEO: “Taking Down Scam Sites Almost Every Day” Becomes “Depressing Daily Business”
WikiFXThe CMIA Capital Partners Scam That Cost a Remisier Almost Half a Million
WikiFXIs Seaprimecapitals Regulated? A Complete Look at Its Safety and How It Works
WikiFXeToro Cash ISA Launch Shakes UK Savings Market
WikiFXCleveland Fed's Hammack supports keeping rates around current 'barely restrictive' level
WikiFXDelayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%
WikiFXClose Up With WikiFX —— Take A Close Look At Amillex
WikiFXGGCC Bonus and Promotions: A Data-Driven Analysis for Experienced Traders
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate