Quicktrade Review: Is it safe to deal with a Quicktrade broker?
QuickTrade, accessible via https://quicktrade.ltd/, presents itself as a comprehensive trading platform offering access to various financial markets, including cryptocurrencies, stocks, and commodities. The website emphasizes features such as enhanced tools, trading guides, fast execution, and zero commission fees. It also claims a substantial user base, boasting over 440,000 clients worldwide.
Lack of Essential Information
Despite these assertions, the platform lacks critical information that is essential for assessing its legitimacy and reliability. Notably, there is an absence of transparent details regarding the company’s physical address, ownership, and regulatory oversight. The website’s content is predominantly promotional, focusing on purported benefits without providing substantive data about its operational framework or compliance with financial regulations.
Regulatory Status
Regarding regulatory status, there is no verifiable evidence that QuickTrade operates under the supervision of any recognized financial authority. While the platform claims to be trusted and secure, the absence of disclosed regulatory compliance raises concerns about its legitimacy. It’s important to distinguish this entity from similarly named firms; for instance, QuickTrade (Pty) Ltd, associated with quicktrade.co.za, is licensed to provide financial services in South Africa. However, there is no clear connection between QuickTrade.ltd and this regulated entity.
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