Forex Brokers

Qwidex (qwidex.com)

1.5 (15 reviews)
🇦🇺 Australia
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1.5
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About Qwidex (qwidex.com)

Qwidex (qwidex.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +61258502772, +61405575315

Addresses: Gateway Tower Level 36 1 Macquarie Place Sydney NSW 2000 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.qwidex.com.

Customer Reviews

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Mobile app loses orders

S
Sarah G.
1 months ago

The spread at Qwidex (qwidex.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after doing extensive research and initially thought the platform was good - until I started trading seriously.

Pros: Low minimum deposit|Market news feed

Cons: Limited demo account features

Beware of hidden costs

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Grace S.
1 months ago

My withdrawal request from Qwidex (qwidex.com) 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: Reliable uptime|Fast support response|Market news feed|Good mobile app

Cons: Cannot customize dashboard fully

Manipulative and dishonest

W
Wyatt K.
3 months ago

The only good thing about Qwidex (qwidex.com) is that they remind you why regulation matters. I found them through a financial advisor. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.

Pros: Low minimum deposit|Demo account available

Cons: None so far

Swap rates are predatory

A
Andrea K.
3 months ago

Qwidex (qwidex.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Great customer service|Helpful community forum

Cons: Account statements could be more detailed

They took my patience and my money

C
Charles B.
5 months ago

I had a dispute with Qwidex (qwidex.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Regular updates|Full transparency|Helpful community forum|Automated trading options

Cons: Withdrawal takes 1-2 business days

No demo account that works

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Adrian Z.
6 months ago

I gave Qwidex (qwidex.com) a fair chance. After for about five months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Regular updates|Instant funding

Cons: No fractional shares

Completely disorganized operation

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Stephanie B.
6 months ago

If you are reading this considering Qwidex (qwidex.com) - run. I wish I had read more negative reviews after a family member had a good experience. I thought the positive ones were real. Maybe some are. My experience over since mid-2025 has been so bad I feel obligated to warn others. Do not make my mistake.

Pros: High security standards|Risk management tools|Good analytical tools

Cons: Research section could be deeper|Wish they had more educational resources

Learning experience at my expense

E
Ella S.
6 months ago

Opened my account with Qwidex (qwidex.com) after my brother mentioned them and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Customizable dashboard|Responsive team|Multi-currency support

Cons: Minimum deposit could be lower|Wish they had more educational resources

Incompetent on every level

D
Diana A.
7 months ago

I found Qwidex (qwidex.com) after my brother mentioned them and the initial impression was positive. But for nearly two years 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: Customizable dashboard|Excellent charting|Clear documentation|Easy to use platform

Cons: Limited demo account features

Dealing desk manipulation

A
Anna M.
7 months ago

Do not believe the bonus offer from Qwidex (qwidex.com). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after attending a webinar they hosted and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Stable platform|Dividend tracking

Cons: Email notifications too frequent|Withdrawal takes 1-2 business days