QUINTUS TRADE has been flagged by Comisión Nacional del Mercado de Valores 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.
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.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I was about to invest with QUINTUS TRADE but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Comisión Nacional del Mercado de Valores has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Unauthorized firm|Found in IOSCO warnings database
Where do I even begin with QUINTUS TRADE? since last summer of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Professional team|Dedicated account manager
Cons: Slow to add new assets
The hidden fees at QUINTUS TRADE are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Tax reports included|Smooth onboarding
Cons: None so far
Do not use QUINTUS TRADE for anything serious. I used them for just over a year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Multi-device support|Low minimum deposit
Cons: Alert system is basic|Limited ETF selection
I signed up with QUINTUS TRADE through a financial advisor and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Transparent fees|Fast execution|Demo account available|Dedicated account manager
Cons: Mobile app could be improved|Website design could be more modern
After doing some research AFTER the fact (I know, I should have done this first), I discovered that QUINTUS TRADE 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: Blocked my account|No legitimate license|Fake returns
My withdrawal request from QUINTUS TRADE has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Automated trading options|Social trading features|Reliable uptime
Cons: Minimum deposit could be lower
The spread at QUINTUS TRADE is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a trusted YouTuber reviewed them and initially thought the platform was good - until I started trading seriously.
Pros: Fast deposits|Regular platform improvements
Cons: No fractional shares|Research section could be deeper
The onboarding at QUINTUS TRADE was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Fast support response|Tax reports included|Demo account available|Multi-device support
Cons: Account statements could be more detailed|Limited cryptocurrency options