Quantfury: real user reviews and important information about the broker
Let’s explore the company Quantfury, which presents itself with the catchy slogan “Fair trading for everyone.” Founder Lev Mazur claims to have developed a unique business model that provides transparent trading conditions. In this review, we will try to find out how accurate this statement is in reality, and also look at the reviews left by users about this broker.
Official website and main contact information
The platform quantfury.com seems to adhere to a minimalist design. Despite the absence of complex elements, the main information is present. The website supports multiple languages.
Quantfury strives to earn the trust of users by providing information about its team. The website has a section with staff, where real photos of employees are presented, as well as links to their social accounts. The site was created in January 2017.
According to available data, Quantfury is not a newcomer to the market. However, the presence of social media accounts and team photos is not a guarantee of the broker’s reliability. Legal documents confirming the legality of the company’s activities were not found, leaving questions unanswered.
The company’s address and regulatory documents are not listed on the website. Means of communication are limited to only phones and email, and the support service, according to some reviews, does not always respond to requests.
Regulation of Quantfury’s activities
The official website of the company does not indicate the presence of a license from financial regulators, which is a key factor in trusting the broker. The organization also does not have a license from the Central Bank of the Russian Federation. There is evidence that the company has been listed as engaging in illegal activities.
As a result of the check, it was found that the Prosecutor General’s Office initiated the process of blocking the Quantfury website in October 2021. It is advised to remain vigilant and avoid contact with fake versions of this broker.
Types of trading accounts and conditions for traders
Quantfury does not set restrictions on conditions for clients, providing the same rules for everyone. After the registration and verification process, a minimum of $50 in crypto equivalent is required to be deposited into the account. The company offers leverage of 1:20, allowing trading with a sum 20 times larger, called “trading power.”
Deposits and withdrawals are only made through digital currencies with several trading assets besides cryptocurrency. This may complicate the process of tracking financial transactions.
The main advantage of the platform is the absence of commissions and real exchange spreads. This is an attractive offer for newcomers to the trading world. For active trading, an application developed by the company is available for download.
User reviews about Quantfury
Despite an active marketing campaign and positive reviews, there is enough information on the Internet that may raise doubts. Users also leave reviews on the Google Play Store platform and YouTube, sharing their experience with this company.
Broker’s operating scheme
Quantfury offers trading conditions, attracting newcomers and promising easy profits. However, statistics show that the majority of traders lose their deposits regardless of the broker’s actions. The company may block user accounts without the ability to close deals, leading to loss of funds.
Expert opinion
The pseudo-broker Quantfury is not officially registered and is not subject to financial control. The platform offered by the company may have a negative impact on traders. At the moment, the broker is listed as engaging in illegal activities, raising questions about its reliability.
