Quant Finance Limited: fraudulent scheme with no reviews
Many fraudulent brokers use the absence of reviews to deceive their clients. Usually, such scam projects do not last long, but during this time, they manage to cause harm to many. Let’s analyze one of these pseudo-brokers—Quant Finance Limited, and find out how to understand that this is a dishonest broker even without reviews.
Essence of Quant Finance Limited
The Quant Finance Limited platform turns out to be only empty promises. Instead of specific data about the company and its activities, we see only promises of maximum profit and access to global markets. Using the whois service, it was found that the domain quantfinanceltd.com was registered in October 2023. Reviews about the company have not appeared due to its recent launch.
Issues arise not only with service and payments, but also with contact information. False data rule out the possibility of clients communicating with the company. The email address provided for contact also turned out to be invalid.
Information about the company’s executives is unknown. This is another indication that Quant Finance Limited does not take responsibility for clients. Internal platform rules also suggest that the company operates solely in its own interests.
Exposure of the legal basis
Quant Finance Limited does not provide documents confirming its legality. The only information about the company is an address in London. However, verification shows that the specified address does not match the address in the company’s documents.
The company was registered in 2013, long before the appearance of Quant Finance Limited. Additionally, the required FCA license is missing, indicating the company’s illegal activities.
It is important to remember that trading on such platforms carries a high risk of losing funds. Without legal protection and support from regulators, recovering stolen funds becomes practically impossible.
Trading Options
Quant Finance Limited offers access to over 200 CFDs (currencies, stocks, cryptocurrencies, commodities, indices). The features include a minimum deposit, daily news, contract trading, access to webinars, PAMM investing, and more. Payout reviews are absent, emphasizing the questionable nature of the company’s activities.
Absence of Reviews: a trap for clients
The absence of reviews about Quant Finance Limited is explained by its recent emergence. This allows scammers to keep clients in the dark.
If you have experience working with Quant Finance Limited, you can share it by leaving your review below the article.
Actions of scammers
Quant Finance Limited promises the opportunity for active and passive income to attract clients. Scammers start with minimal amounts, simulating profitable trades. However, after gaining trust and investing large sums, the victim is advised to install remote access software.
Conclusion
Quant Finance Limited merely simulates trading operations, actually aiming to deprive clients of their funds. After losses, the company stops interacting with clients. Retrieving funds will require seeking help from specialists, but even this does not guarantee a successful outcome.
I am utterly disappointed with Quant Finance Limited’s services, as they consistently fail to meet my investment expectations and their lack of transparency has caused significant frustration for me in 2024.