QuebexWealth has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". QuebexWealth found at www.qbxw.pro and/or www.quebexwealth.ai and/or www.quebexwealth.com is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
QuebexWealth 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: Portfolio tracking tools|Helpful community forum|Fast support response|Dividend tracking
Cons: Limited cryptocurrency options|Help articles are sometimes vague
QuebexWealth 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: Dividend tracking|Full transparency|Stable platform
Cons: Limited cryptocurrency options
I found QuebexWealth through a podcast recommendation and the initial impression was positive. But for about eight months 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: Copy trading available|Real-time alerts
Cons: Desktop app not available on Linux|No fractional shares
After doing some research AFTER the fact (I know, I should have done this first), I discovered that QuebexWealth 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.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
QuebexWealth 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: Transparent fees|Multi-currency support|Competitive fees
Cons: Email notifications too frequent|Onboarding videos are outdated
I am in a dispute with QuebexWealth over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Competitive fees|Smooth onboarding|Social trading features
Cons: Email notifications too frequent|Limited cryptocurrency options
The platform at QuebexWealth is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about ten months of dealing with this, I have had enough.
Pros: Market news feed|Wide product range|Quick verification|Clear documentation
Cons: Desktop app not available on Linux
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. QuebexWealth said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: No hidden fees|Instant funding|Intuitive for beginners|Tax reports included
Cons: Limited social trading features
After seeing ads for QuebexWealth online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Ontario Securities Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by Ontario Securities Commission|Cannot verify credentials
Do not be fooled by the professional-looking website. Behind the scenes, QuebexWealth is disorganized and incompetent. I found them after doing extensive research and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: High security standards|Clear documentation|Competitive fees
Cons: Research section could be deeper|Limited demo account features