QTMAX APP has been flagged by Comisión Nacional del Mercado de Valores 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.
QTMAX APP 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: Great customer service|Fast deposits
Cons: Currency conversion fee exists
The onboarding at QTMAX APP was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Good mobile app|Customizable dashboard
Cons: No dark mode on mobile|No crypto staking
QTMAX APP locked my account without warning and demanded documents I had already submitted. for a couple of months now later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Wide product range|Low minimum deposit|Economic calendar
Cons: Email notifications too frequent|Some tools only available on higher tiers
The hidden fees at QTMAX APP are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Automated trading options|Educational resources|Social trading features|Market news feed
Cons: Research section could be deeper|Help articles are sometimes vague
After spending for a couple of months now trying to make QTMAX APP work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Automated trading options|Good analytical tools|Multiple order types
Cons: Desktop app not available on Linux
After since mid-2025 with QTMAX APP I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Full transparency|Fast deposits|Responsive team
Cons: No phone support on weekends|Desktop app not available on Linux
QTMAX APP seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Two-factor authentication|Responsive team|Reliable uptime
Cons: Onboarding videos are outdated
I closed a profitable position at QTMAX APP 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: Economic calendar|Fast support response
Cons: Onboarding videos are outdated|Slow to add new assets
For anyone considering QTMAX APP, please be aware that this company has been flagged by Comisión Nacional del Mercado de Valores. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
Do not be fooled by the professional-looking website. Behind the scenes, QTMAX APP is disorganized and incompetent. I found them after a family member had a good experience and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Dividend tracking|Copy trading available|Responsive team
Cons: Spreads widen during volatile periods|Limited ETF selection