QW Limited has been flagged by Commissione Nazionale per le Società e la Borsa for "General enforcement alerts". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I wanted to transfer my portfolio from another broker to QW Limited. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Good analytical tools|Multi-currency support|Risk management tools|Low minimum deposit
Cons: Could offer more webinars
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that QW Limited has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises
The so-called education at QW Limited is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for over three years thinking they would help me learn.
Pros: Segregated accounts|Competitive fees
Cons: Research section could be deeper|Inactivity fee applies after 12 months
Do not believe the bonus offer from QW Limited. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after doing extensive research and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: No hidden fees|Segregated accounts|Dividend tracking
Cons: Minimum deposit could be lower|Search feature is basic