Forex Brokers

SQLQD

1.2 (6 reviews)
🇳🇿 New Zealand
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1.2
6 reviews
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About SQLQD

SQLQD has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Did my research - this is suspicious

M
Mark B.
1 months ago

Several red flags with SQLQD: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Pros: Website looks legitimate on the surface

Cons: Flagged by Financial Markets Authority|Cannot verify credentials

Disgraceful treatment of customers

M
Mia W.
5 months ago

My withdrawal from SQLQD was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for nearly two years of being strung along.

Pros: Automated trading options|Fast support response

Cons: No phone support on weekends|No live chat on mobile

Look elsewhere - many better options

M
Marcus Z.
9 months ago

SQLQD 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: Quick verification|Wide product range|Good mobile app|Real-time alerts

Cons: Website design could be more modern|No crypto staking

Migration from old platform was a mess

F
Frank I.
10 months ago

After for the past six months with SQLQD I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.

Pros: Portfolio tracking tools|Personal attention

Cons: Email notifications too frequent

They blocked me after I invested

M
Megan V.
10 months ago

Tried to withdraw my funds from SQLQD and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Cons: Lost entire investment|Reported to authorities|Unresponsive

Feeling robbed honestly

H
Heather J.
11 months ago

I trusted SQLQD 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: Great customer service|Multi-device support

Cons: Minimum deposit could be lower|No crypto staking