Review summary
Quantum Forex Trade (QFT) has been operating for 5-10 years and is registered in the United Kingdom. However, WikiFX assessment indicates that the entity is a clone firm, falsely claiming affiliation with the UK Financial Conduct Authority (FCA) under license number 609970, but it holds no valid regulatory authorization for forex trading. Public exposure highlights issues regarding license cloning and the absence of a physical office at the declared address. The broker's overall WikiFX score is a low 1.59, reflecting significant concerns. Given the lack of credible oversight, this entity warrants caution from traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-18)
