Quantiumax has been flagged by Autorité des marchés financiers 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. Website domain: webtrader.quantiumax.net, quantiumax.capital, quantiumax.net, quantiumax.com.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Quantiumax recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: High security standards|API access|Multiple order types|Quick verification
Cons: Nothing significant|Email notifications too frequent
Tried to withdraw my funds from Quantiumax and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
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.
Pros: Information is publicly available for verification
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I lost a significant amount because Quantiumax did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Regular platform improvements|Helpful community forum
Cons: No crypto staking
Quantiumax 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: Stable platform|Good mobile app|Dividend tracking|High security standards
Cons: Could offer more webinars|Email notifications too frequent
Quantiumax offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Dividend tracking|Stable platform
Cons: Research section could be deeper
The only good thing about Quantiumax is that they remind you why regulation matters. I found them from a blog post comparing services. 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: Good analytical tools|Fast support response
Cons: Spreads widen during volatile periods
I had high hopes for Quantiumax after doing extensive research, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Helpful community forum|Low minimum deposit
Cons: Minor UI glitches occasionally|Limited demo account features
My withdrawal from Quantiumax 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 about five months of being strung along.
Pros: Instant funding|Smooth onboarding
Cons: No dark mode on mobile|Would like more payment methods
I invested $10,000 with Quantiumax after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Autorité des marchés financiers.
Cons: Blocked my account|No legitimate license|Fake returns