Forex Brokers

QFS Asset Reserve

1.5 (8 reviews)
🇳🇿 New Zealand
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1.5
8 reviews
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About QFS Asset Reserve

QFS Asset Reserve has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

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Customer Reviews

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Minimum withdrawal amount too high

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Zoe V.
4 months ago

QFS Asset Reserve had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Easy withdrawals|Professional team|Regular platform improvements

Cons: Limited demo account features|Charting tools need more indicators

They bet against their clients

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Edward D.
5 months ago

After using QFS Asset Reserve for close to eighteen months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Easy to use platform|Multi-device support|Competitive fees|Stable platform

Cons: Spreads widen during volatile periods

Webinars are product pushes

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Noah V.
5 months ago

I gave QFS Asset Reserve a fair chance. After for nearly two years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Portfolio tracking tools|Good mobile app

Cons: Nothing significant

Cannot withdraw funds - classic scam

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Nicole I.
5 months ago

I want to warn everyone about QFS Asset Reserve. They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

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

Demo and live behave differently

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Christopher W.
7 months ago

I closed a profitable position at QFS Asset Reserve and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Multi-currency support|Regular updates

Cons: No crypto staking|Slow to add new assets

Proceed with extreme caution

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Oliver M.
1 years ago

Several red flags with QFS Asset Reserve: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Cons: Flagged by Financial Markets Authority|Cannot verify credentials

The opposite of what they advertise

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Lily Y.
1 years ago

QFS Asset Reserve has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Fast support response|Instant funding|Wide product range

Cons: Currency conversion fee exists

Important information for potential investors

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Sarah S.
1 years 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.

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