QuickFXTrade has been flagged by Commodity Futures Trading Commission for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
QuickFXTrade has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Excellent charting|Economic calendar|Copy trading available
Cons: Email notifications too frequent|Minimum deposit could be lower
I was about to invest with QuickFXTrade but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commodity Futures Trading Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Commodity Futures Trading Commission|Cannot verify credentials
I trusted QuickFXTrade 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: Dedicated account manager|Regular updates|Easy to use platform
Cons: Onboarding videos are outdated|No phone support on weekends
KYC with QuickFXTrade is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Automated trading options|Educational resources
Cons: Email notifications too frequent|Minor UI glitches occasionally
I want to warn everyone about QuickFXTrade. They have been flagged by Commodity Futures Trading Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Professional looking website
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. QuickFXTrade recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Customizable dashboard|Regular platform improvements|Detailed reporting
Cons: No dark mode on mobile
I am in a dispute with QuickFXTrade 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: Good analytical tools|Regular updates
Cons: Slow to add new assets|Would like more payment methods
I had high hopes for QuickFXTrade after hearing about them at a conference, 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: Instant funding|Detailed reporting
Cons: Live chat only during business hours|No fractional shares
I experienced a security concern with my QuickFXTrade account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Responsive team|Automated trading options|Great customer service|Market news feed
Cons: Wish they had more educational resources|Wait times can be long during peak hours
QuickFXTrade 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: Economic calendar|Easy withdrawals|Regular updates|Fast support response
Cons: Account statements could be more detailed