Urban Quest Trading (Imposter) has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Regist...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Do not be fooled by the professional-looking website. Behind the scenes, Urban Quest Trading (Imposter) is disorganized and incompetent. I found them from a blog post comparing services and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Portfolio tracking tools|Smooth onboarding|Market news feed|Demo account available
Cons: Nothing significant
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Urban Quest Trading (Imposter) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Risk management tools|Economic calendar|Fast deposits|Smooth onboarding
Cons: Limited demo account features|Email notifications too frequent
I am in a dispute with Urban Quest Trading (Imposter) 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: Personal attention|Quick verification|Real-time alerts|API access
Cons: Could offer more webinars
I gave Urban Quest Trading (Imposter) a fair chance. After for a few weeks now 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: Instant funding|Low minimum deposit|Transparent fees|Clean UI
Cons: Limited cryptocurrency options
If you are reading this considering Urban Quest Trading (Imposter) - run. I wish I had read more negative reviews after a trusted YouTuber reviewed them. I thought the positive ones were real. Maybe some are. My experience over for over three years has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Customizable dashboard|Reliable uptime|Clean UI|Helpful community forum
Cons: Onboarding videos are outdated
I was contacted by Urban Quest Trading (Imposter) through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
Urban Quest Trading (Imposter) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Portfolio tracking tools|Copy trading available
Cons: Currency conversion fee exists|Limited cryptocurrency options
For anyone considering Urban Quest Trading (Imposter), please be aware that this company has been flagged by Financial Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required
I joined Urban Quest Trading (Imposter) while looking for alternatives to my previous provider and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Segregated accounts|Real-time alerts|Good mobile app|Multi-device support
Cons: Withdrawal takes 1-2 business days
Several red flags with Urban Quest Trading (Imposter): (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.
Cons: Flagged by Financial Markets Authority|Cannot verify credentials