QuantoMarkets is an unregulated Crypto Currency & Forex CFD broker, that opened at the end of 2018.
Quanto Markets says that they are owned by; Quanto Global Corp, which is located at: Trust Company Complex, Ajeltake road, Ajeltake Island, Majuro, Marshal Islands MH96960. Contact phone number in South Africa is: +27 21 2040526. Their email address is: [email protected], and the official website is: https://QuantoMarkets.com/.
For withdrawal problems and complaints about the brokers, read this.
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QuantoMarkets Reviews
Our review of QuantoMarkets finds, that this broker is offering the simple trading software made by FXVGroup. The Exchanger trading platform has both Forex and Crypto Currency CFD trading available.
You will not find the popular trading platform MetaTrader5 (MT5), or any mobile trading apps at this online broker. Their website is available only in English. Three account types are offered, with the minimum deposit for their smallest trading account starting at $250.
There is a Management Fee, Quarterly Trading Commission, Commission for Buying & Selling Bitcoin, Fee for Early Withdrawal, Benchmark Fee, Fee for Withdrawal Without Trading and an Inactivity Fee.
QuantoMarkets License Check
Scam Broker Investigator reviews hundreds of Forex & Crypto Currency CFD brokers to see if they are a scam or legitimate brokers. The way to properly assess a Forex broker is by checking to see if either the FCA United Kingdom gave them a license or if they are licensed by FSB South Africa.
Most investors don’t think about reading the terms and conditions page, but if you did, you would be in for a big surprise. It mentions that the agreement is based on the laws in Romania. They also copied information from Zurich Prime. Their payment processor company is: GIM Limited, Falk Miksa utca 28, 4 em 1, Budapest 1055 Hungary. So who knows who is really running this company.
QuantoMarkets does not have a license.
You should read reviews of the most popular licensed Crypto and Forex brokers listed here.
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If you are already investing with QuantoMarkets, please share your experience in the comments section below.