Quantsync Copy Trading (qscopytd.com) has been flagged by Australian Securities and Investments Commission 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.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Quantsync Copy Trading (qscopytd.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Competitive fees|Educational resources|Dedicated account manager|Wide product range
Cons: None so far
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Quantsync Copy Trading (qscopytd.com) 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: Cannot withdraw funds|Not regulated|Pressure tactics
My withdrawal from Quantsync Copy Trading (qscopytd.com) 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: Segregated accounts|Fast execution|Transparent fees|Good analytical tools
Cons: Search feature is basic|Slow to add new assets
I requested my data from Quantsync Copy Trading (qscopytd.com) 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|Fast execution|Good mobile app
Cons: Onboarding videos are outdated|Limited ETF selection