Score
QuantBitex
Switzerland|2-5 years| https://quantbitex.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
SwitzerlandAccount Information
Users who viewed QuantBitex also viewed..
Pepperstone
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
HFM
- 10-15 years |
- Regulated in Cyprus |
- Market Making(MM) |
- MT4 Full License
FP Markets
- 15-20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
STARTRADER
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
Website
quantbitex.com
Server Location
United States
Website Domain Name
quantbitex.com
Server IP
172.67.161.1
Company Summary
Note: QuantBitex's official website - https://quantbitex.com/ is currently inaccessible normally.
| QuantBitex Review Summary | |
| Founded | 2022 |
| Registered Country/Region | Switzerland |
| Regulation | No regulation |
| Market Instruments | CFDs |
| Demo Account | / |
| Leverage | Up to 1:400 |
| Spread | / |
| Trading Platform | Web |
| Min Deposit | 250 EUR |
| Customer Support | 24/5 support |
| Tel: +442045427999 | |
| Email: support@quantbitex.com | |
QuantBitex was registered in 2022 in Switzerland, specializing in CFDs trading. It offers 4 types of live accounts, with a minimum deposit of 250 EUR and a maximum leverage of 1:400. However, it is not regulated, which means potential risks may be high.
Pros and Cons
| Pros | Cons |
| Multiple account type | Inaccessible website |
| Flexible leverage ratios | Lack of regulation |
| Popular payment options | Inactivity fees charged |
| No MT4 or MT5 | |
| High minimum deposit | |
| Inactivity fee charged |
Is QuantBitex Legit?
No, it is not regulated by the financial services regulatory authority in Switzerland, which means that the company lacks regulation from its registration site. Moreover, its domain status shows that client transferring is prohibited. Besides, Swiss Financial Market Supervisory Authority once issued a warning notice about this company. Please note the potential risks!
What Can I Trade on QuantBitex?
QuantBitex specializes in CFDs trading. It claims to offer a number of products, but the details are not clear.
Account Type/Leverage
QuantBitex offers 4 types of accounts, including Basic Account, Silver Account, Gold Account, and Platinum Account.
| Account Type | Min Deposit | Max Deposit | Max Leverage |
| Basic | 250 EUR | 4,999 EUR | 1:50 |
| Silver | 5,000 EUR | 24,999 EUR | 1:100 |
| Gold | 25,000 EUR | 100,000 EUR | 1:200 |
| Platinum | 100,000 EUR | No limit | 1:400 |
Leverage
Leverage varies from 1:50 to 1:400 depending on the type of trading account. The trading leverage is considered to be an amazing tool for presenting more flexibility and increasing profit potential.
You should be aware that leverage can contribute to both gains and losses. As a result, inexperienced traders should refrain from using excessive leverage.
Trading Platform
QuantBitex uses a web-based platform, and it does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| Web Trader | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
QuantBitex supports several types of payment options, including credit card, bank transfer, and Bitcoin. It is not clear whether deposit and withdrawal fees are needed or not, but inactivity fees are charged. If the account is inactive for 12 months, then $30 is charged.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Content you want to comment
Please enter...
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now