Do You Want to Know If QTrade Is Legitimate or a Scam Broker?
If you’ve encountered this broker and are wondering if you should open an account, or if you’ve lost money to this broker, read this review first. We have reason to believe that this broker could be a scam. There are questions about its license, it’s been flagged for questionable activities and we have heard firsthand from our customers that they have lost money to this broker.
There Are Some Problems with QTrade
We’d like to investigate this broker further but their site has been deactivated. Brokers often do this after they have been called out by a regulator for suspicious activity or if they’ve received a huge volume of complaints. Many of these brokers reappear later. They may re-activate their sites or change their names. It’s important to stay alert to these types of brokers and be aware they may be problematic
QTrade Was Flagged for Any of the Following:
The following are common reasons brokers get flagged by regulators or identified by customers as scams
- No license
- No transparency
- Aggressive tactics
- Strange terms and conditions
- Abnormally high fees
- Misleading statements
- Guarantees returns
- Suspicious bonuses
- Verified customer complaints.
If You Need Fund Recovery from QTrade, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.