Global Broker Regulation Inquiry App
WikiFX
Elio Matacena 
1-2 years
What are the pros and cons of Quantum Metal in terms of regulation?
Broker Issues
Regulation
07-18
United States
WikiFX
Reply
One pro of Quantum Metal is its ability to offer leveraged gold investment products such as the GAE 5×/10×, which can attract traders looking to amplify their exposure to gold. Additionally, their gold storage account is backed by LBMA-certified physical gold, which provides security to those looking to invest in the commodity. However, the con is its unregulated status. Quantum Metal’s lack of regulation leaves me exposed to risks like fraud, mismanagement, and lack of customer protection. For a safer investment experience, I would prefer a broker or platform that operates under the supervision of financial authorities.
Similar Questions
What are the pros and cons of Kotobuki Securities?
RichN
07-06
Is Bazaar FX legit?
Shoofar
05-04
What are the cons of DTT VAN LTD?
WoodCrusher
04-11
How can I verify if MCP is regulated?
Ashraf20
07-06
Is StoneX overseen by any regulatory bodies, and if so, which financial authorities are responsible for its regulation?
Karoline Hardy
07-26