Forex Brokers

QFS Limited

1.3 (7 reviews)
🇳🇿 New Zealand
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1.3
7 reviews
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About QFS Limited

QFS Limited 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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Not regulated - verified this myself

D
Diana R.
4 months ago

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

Cons: Not registered with regulators|Unrealistic promises

Rip-off dressed as a service

T
Thomas J.
5 months ago

My withdrawal from QFS Limited was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for nearly two years of being strung along.

Pros: Portfolio tracking tools|Fast deposits|Multi-device support

Cons: Account statements could be more detailed

A nightmare experience

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Catherine F.
7 months ago

Opened my account with QFS Limited after seeing their ad online and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Detailed reporting|API access|Real-time alerts|Economic calendar

Cons: Desktop app not available on Linux|Live chat only during business hours

Email support takes 2 weeks

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Nora K.
8 months ago

I trusted QFS Limited with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Easy withdrawals|Fast execution|Low minimum deposit|Risk management tools

Cons: Could offer more webinars|Website design could be more modern

Lost money due to their incompetence

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Emily T.
11 months ago

I opened an account with QFS Limited since I opened my account last year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Wide product range|Clean UI|Easy withdrawals

Cons: Cannot customize dashboard fully

Cannot withdraw funds - classic scam

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Paul T.
1 years ago

I want to warn everyone about QFS Limited. 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.

Pros: Professional looking website

Cons: Blocked my account|No legitimate license|Fake returns

Paper trading not available

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Mia B.
1 years ago

I requested my data from QFS Limited under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Real-time alerts|Clear documentation

Cons: Nothing significant|Wish they had more educational resources