Cryptocurrency Exchanges

QFS

1.5 (15 reviews)
🇬🇧 United Kingdom
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1.5
15 reviews
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About QFS

QFS has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". 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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Listed in warning databases - be aware

S
Sarah A.
8 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.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Stay far away from this company

R
Richard I.
8 months ago

I want to warn everyone about QFS. They have been flagged by Financial Conduct 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: Blocked my account|No legitimate license|Fake returns

Took my money and went silent

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Carl W.
10 months ago

If you are reading this considering QFS - run. I wish I had read more negative reviews after doing extensive research. I thought the positive ones were real. Maybe some are. My experience over since early this year has been so bad I feel obligated to warn others. Do not make my mistake.

Pros: Multi-device support|Customizable dashboard|Market news feed

Cons: Research section could be deeper

KYC process is a nightmare

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Luke A.
12 months ago

I opened an account with QFS for close to eighteen months 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: Clear documentation|Market news feed

Cons: Nothing significant|Cannot customize dashboard fully

Do not believe the hype

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Hannah D.
1 years ago

I had a dispute with QFS and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Professional team|Easy to use platform|Detailed reporting|Excellent charting

Cons: Search feature is basic