QutexTrade

QutexTrade Broker Review

QutexTrade presents itself as an innovative trading platform that helps improve trading skills and opens up a wide range of financial opportunities.

The broker offers clients the opportunity to earn income by investing in global stock markets.

The official website qutextrade.com also mentions the name QuamTrade. The relationship between these companies is unclear. There is no legal information on the website, and there is also no information about regulators.

There is confusion in the sections on the website. The “Support” section features internal documentation and rules, but contact information is missing. Representatives of the support service can only be contacted through the online chat.

The “FAQ” section provides instructions on using the platform, rules for fund withdrawals, and contact information for partnership offers, but there are no answers to the most popular questions.

QutexTrade Trading Conditions

The broker does not provide information on available financial instruments and trading accounts. The minimum deposit amount and its currency are not specified.

The presentation page of the website mentions that each trader can expect:

• access to assets with a profitability of up to 91% per trade,

• a user-friendly platform interface,

• high speed of trade execution,

• a wide choice of payment systems,

• fast processing of withdrawal requests.

Also, the website presents an algorithm for starting trading.

Users need to create a free trading account, personalize it by uploading a copy of a personal document. Then choose a trading asset, set the trade amount and time of purchase. Upon successful order closure, the profit is automatically added to the account balance.

After registration, each user receives $10,000 in a demo account.

QutexTrade Account Funding and Withdrawal

Information on the procedure and conditions for fund withdrawals is presented in the “FAQ” section.

• The company does not compensate for conversion expenses and other services when withdrawing funds.

• Funds can only be withdrawn using the method used to open the deposit.

• Withdrawal requests are processed 7 days a week.

• The withdrawal amount is limited: no less than 5,000 and no more than 500,000 rubles per transaction, 3,500,000 rubles per week, and 14,000,000 rubles per month (although the trading algorithm claims that funds can be withdrawn without limits).

The website does not display logos of supported payment services, and the procedure for withdrawing the body of the deposit is not specified.

Conclusion

QutexTrade is an anonymous project with an undefined website that lacks useful information for potential users.

It is unclear where the company is registered and who its regulator is. Contact information and client interaction conditions are hidden.

Should one invest money in a project that does not provide legal documents and licenses? Does the company fulfill its financial obligations to clients? Reviews about QutexTrade will help answer these questions.