Forex Brokers

Quantafxai

1.3 (12 reviews)
🇬🇧 United Kingdom
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1.3
12 reviews
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About Quantafxai

Quantafxai 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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Limited to their own products

M
Mark N.
2 weeks ago

I trusted Quantafxai 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: Stable platform|Good mobile app|Personal attention

Cons: Some tools only available on higher tiers

Run the other way

A
Aiden R.
1 months ago

I requested my data from Quantafxai 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: Clean UI|Personal attention

Cons: Onboarding videos are outdated|Live chat only during business hours

Cannot withdraw funds - classic scam

A
Alice V.
2 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that Quantafxai is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.

Pros: Professional looking website

Cons: Lost entire investment|Reported to authorities|Unresponsive

Commission higher than stated

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Wesley W.
5 months ago

The spread at Quantafxai is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a podcast recommendation and initially thought the platform was good - until I started trading seriously.

Pros: Regular platform improvements|Economic calendar|Fast deposits|Detailed reporting

Cons: None so far

Introducing broker lied to me

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Ruby G.
5 months ago

I found Quantafxai based on a colleague's recommendation and the initial impression was positive. But since last summer later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Full transparency|Easy withdrawals

Cons: Nothing significant

Something doesn't add up here

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Emma T.
6 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Quantafxai has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Flagged by Financial Conduct Authority|Cannot verify credentials

Still fighting for my withdrawal

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Jessica E.
6 months ago

Quantafxai changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.

Pros: Easy withdrawals|Smooth onboarding|Personal attention

Cons: Limited ETF selection|Account statements could be more detailed

Do your due diligence first

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Nicole A.
6 months ago

I looked into Quantafxai and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Must sell everything to leave

M
Michelle O.
9 months ago

The only good thing about Quantafxai is that they remind you why regulation matters. I found them after a friend recommended them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.

Pros: Clean UI|Multi-device support|Demo account available|Easy withdrawals

Cons: No crypto staking|Minimum deposit could be lower

Overnight fees excessive

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Vanessa O.
10 months ago

Quantafxai 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: Competitive fees|Fast deposits|Responsive team|Clear documentation

Cons: Desktop app not available on Linux