Forex Brokers

QCM Trading

1.6 (8 reviews)
🇲🇾 Malaysia
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1.6
8 reviews
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About QCM Trading

QCM Trading has been flagged by Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". • Platform operating an Illegal investment scheme
• Carrying on unlicensed capital market activities of dealing in securities This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Cannot withdraw funds - classic scam

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William D.
1 months ago

I was contacted by QCM Trading through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

Rejected my profitable withdrawal

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Oscar H.
1 months ago

The so-called education at QCM Trading is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for close to eighteen months thinking they would help me learn.

Pros: Professional team|Multi-device support|Fast deposits|Two-factor authentication

Cons: Could offer more webinars

Check regulatory status before investing

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Nicole F.
3 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Pros: Information is publicly available for verification

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

The support team is useless

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Vincent X.
5 months ago

Do not believe the bonus offer from QCM Trading. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited from a review site like this one and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Social trading features|Tax reports included

Cons: No integrated tax optimization

They blocked me after I invested

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Hannah V.
5 months ago

I was contacted by QCM Trading through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Professional looking website

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Did my research - this is suspicious

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Emma M.
6 months ago

I was about to invest with QCM Trading but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Securities Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Unauthorized firm|Found in IOSCO warnings database

Stay far far away

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Natalie L.
7 months ago

I referred a friend to QCM Trading after doing extensive research. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Transparent fees|Market news feed|Fast support response

Cons: No fractional shares|No integrated tax optimization

More problems than solutions

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Amber C.
9 months ago

My withdrawal request from QCM Trading has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.

Pros: Fast deposits|Customizable dashboard|Transparent fees|Good analytical tools

Cons: Limited social trading features|Desktop app not available on Linux