QuantumWins asserts that it guarantees security and favorable conditions for its clients. It supports these claims with the specified legal address in Cyprus and a license from the FSCA, but blindly trusting these statements is not advisable. Before opening an account anywhere, it is essential to ensure that it is not a scam. Exposing this platform is precisely what we will focus on in this review.
Table of Contents
Highlights
| 🏛️ Country | Cyprus |
| ⚠️ Regulation | – |
| 🖥️ Website | https://www.quantumwins.com |
| 🎲 Demo Account | Yes |
| ⏳ Start Time | 2024 |
| 💲 Minimum Deposit | $1,000 |
| ⚖️ Minimum and Maximum Leverage | – |
| ⚙️ Trading Platform | WebTrader |
| support@quantumwins.com | |
| 📞 Phone | +35722032558, +442039582566 |
First Impression of Quantumwins.com
The company’s official website is a standard template from the “thrown together in one evening” series. At the top, there is a main menu featuring tradable assets, pricing plans, deposits/withdrawals, the platform, company information, and contacts. However, not all sections are accessible — for example, the deposit/withdrawal section does not work. When attempting to open it, the homepage simply reloads.
“Innovative technologies,” “the future of finance,” and “guaranteed success” — such clichés are scattered throughout the website. Guarantees in financial markets are impossible, as such promises are prohibited by regulatory authorities (such as ESMA, FCA, or SEC). Additionally, there is no detailed explanation of any innovative technologies. QuantumWins relies on grandiose and overused phrases.
The images on the website are nothing more than stock pictures that can be found on Google in five minutes. A reverse search via Google Image Search revealed that similar images are used on dozens of other websites. There is no uniqueness. All these skyscraper photos, Bitcoin graphics, and stock charts do not add any professionalism or credibility to QuantumWins. On the contrary, it gives the impression that the company hastily put together its website, inserting the first available images from Google.
Overall, the official website follows a common template. Such designs are frequently seen in the forex industry. Despite the generic layout and cliché-filled content, QuantumWins does publish information about its licenses, contacts, and legal address. However, the authenticity of that information requires verification.
Partnership and Bonuses
Neither bonuses nor an affiliate program are mentioned. QuantumWins makes no reference to bonuses and gives no indication of an affiliate program — at least, none of this is present on the official website.
Account Opening on Quantumwins.com
Next, let’s move on to the registration process on the platform. The first step involves entering personal information. QuantumWins asks for a name, email, phone number, country, and preferred currency. The second step is setting a password. Additionally, users must check a box agreeing to the terms and conditions and pass a Google bot verification.
After that, the personal account opens. Interestingly, no phone or email confirmation was required to create an account. Serious companies send a confirmation email, but here, nothing of the sort happens. This poses a significant security risk for client accounts. Additionally, QuantumWins does not support 2FA, which greatly enhances account security. While major regulators do not require firms to mandate 2FA, it would still serve as an important additional security measure.
The personal account interface is standard. On the left side of the screen are the main sections:
- Home.
- Personal details.
- Change password.
- Trading history.
- Deposit funds.
- Upload documents.
- Monetary transaction.
- Withdrawal.
- Contacts.
These are all basic functions that any serious broker should have. Additionally, clients can access a web trader or download the platform, but we will discuss that later. Lastly, one crucial point to note is the demo account. We could not find any option to open a demo account on QuantumWins.
Verification
The verification process at the firm raises serious concerns, as there is no mention of AML or KYC requirements. These are key standards that regulate fraud prevention and anti-money laundering efforts, and their absence is a major red flag. Clients are asked to upload documents (such as a passport, bank statement, or credit card), but there is no information on how long the verification process takes. Unlike top-tier brokers like Interactive Brokers or Saxo Bank, where the verification procedure is clearly outlined, QuantumWins’ process appears highly opaque.
- None.
- There is no clear AML/KYC policy, which is contrary to regulatory standards.
- There is no timeframe for processing documents for verification.
Trading Software
The QuantumWins trading platform remains a mystery. When attempting to open the terminal, an error message appears. This could be a temporary technical issue, but for a broker, such instability is a bad sign.
The website promises a user-friendly and modern trading terminal, but there is no evidence to support this claim. Instead, users are offered a downloadable installation file for their computer — but downloading it is not advisable. Such programs could contain malware, steal data, or even lock access to the device. We strongly recommend downloading files only from trusted sources to avoid potential harm.
Based on available screenshots, it is clear that the QuantumWins platform is neither MetaTrader nor cTrader, nor any other well-known and advanced terminal. It appears to be a little-known software that only supports basic functions, such as limit orders and technical analysis using lines, levels, and indicators. Advanced features like an order book or custom indicator uploads are not available, making this platform unsuitable for experienced traders.
| Features | QuantumWins | TraderRepublic | Vortexyl |
|---|---|---|---|
| Demo Account | ✔️ | ❌ | ❌ |
| Mobile App | ❌ | ❌ | ❌ |
| Own Development | ❌ | ❌ | ❌ |
How Can I Trade With QuantumWins?
It is a CFD broker, meaning trading is limited to this type of financial instrument. The available asset classes include forex, metals, indices, commodities, cryptocurrencies, and stocks. To examine the full trading conditions, we need to review the pricing plans.
All Info About Accounts
QuantumWins offers seven pricing plans: Basic, Standard, Premium, VIP, Islamic, Demo, and Corporate. And there is something worth discussing here. It turns out that the broker does, in fact, offer a demo account, but there is a catch. This mode is only available to clients with a balance exceeding $4,499. In all legal and reputable firms, such as Interactive Brokers or eToro, this option is available to everyone regardless of deposit size — even to those with no funds at all. This restriction seems highly suspicious.
The other tariffs are as follows:
- Basic — deposit up to $1,000, but the minimum amount is not specified. For comparison, the broker Plus500 requires $100 to start, while Exness allows trading with as little as $10. The client receives a standard set of assets, standard spreads, and commissions. However, specific details regarding spreads and commissions are not disclosed, which is a negative sign.
- Standard — requires a minimum deposit of $1,000. This plan offers more financial instruments, lower spreads, and market analysis.
- Premium — the deposit amount required to activate the tariff is not even specified. QuantumWins claims to provide even more favorable conditions, along with the assistance of a personal manager.
- VIP — zero commissions and ultra-tight spreads. Includes a personal advisor, VIP support, market research, and analysis.
- Corporate — tailored trading solutions for corporate needs. Details have not been disclosed.
The trading conditions are only partially disclosed: in some cases, the deposit amount is missing, and commissions and spreads are completely hidden. Regulated brokers publish spreads and commission details openly. At QuantumWins, this information is concealed, making it difficult to assess the actual trading conditions.
- There are additional options such as market analysis and personal manager assistance.
- The demo account is only for those with a balance of over $4,499.
- Spreads and trading commissions are not specified.
Market Analysis and Education With Quantumwins.com
There are no additional features beyond those listed in the pricing plans. While client-oriented companies provide up-to-date market analysis on their social media or comprehensive educational courses for all clients, QuantumWins offers nothing. For instance, forex company Oanda publishes detailed market reviews on its website for free, regardless of the client’s account type.
Deposit, Withdrawal, and Fees
We previously mentioned that the section dedicated to deposits and withdrawals does not work. However, the official QuantumWins website displays the logos of several payment methods: Visa, Maestro, Mastercard, PayPal, Skrill, Neteller, and Swift. The same methods are listed in the personal account. However, transaction fees and withdrawal processing times are not specified.
The firm does not support cryptocurrency. There is no option to deposit or withdraw funds using digital assets, despite the growing popularity of this method. Many client-oriented companies allow deposits via cryptocurrency, as it is faster and cheaper than traditional methods. For example, a transfer in USDT (TRC-20) costs users only $3-6, regardless of the amount, and takes just 2-3 minutes to process. In contrast, a bank transfer can take up to three business days, which is significantly slower.
| Features | QuantumWins | Orbonex Capital | Tools4Deals |
|---|---|---|---|
| Debit/Credit Cards | ✔️ | ✔️ | ✔️ |
| Electronic Payments | ✔️ | ✔️ | ❌ |
| Crypto Transfers | ❌ | ❌ | ❌ |
| Deposit Fee | ❌ | ❌ | ❌ |
| Withdrawal Fee | ❌ | ✔️ | ❌ |
How Can I Contact It?
To communicate with company representatives, QuantumWins provides several contact details: four phone numbers, an email address, and a contact form. However, there is no online chat or presence on social media.
The most suspicious discovery was made when checking the provided email address. It turned out that QuantumWins lists a fake email — messages sent to it are undeliverable because the email does not exist.
- Four phone numbers.
- A check revealed that the email was fake.
- No online chat and no social media accounts.
Is QuantumWins Dangerous?
We have already identified several red flags, including hidden fees, a fake email address, and technical issues when attempting to access the trading terminal. However, to reach a final verdict, it is necessary to verify the platform’s legitimacy and operational history.
How Long Does The Broker Work?
Typically, companies disclose their founding date, but it is not the case with QuantumWins. However, the approximate launch date of the platform can be determined by checking the domain registration date. The screenshot below shows that the broker’s official website was launched on May 27, 2024. Additionally, the domain was purchased for only one year, whereas reputable firms usually secure their domains for longer periods. This suggests that the project may not have been intended to exist beyond a single year.
Another red flag is the concealment of the domain owner through the PrivacyProtect.org service. Legitimate companies do not hide their information — they openly provide their real details and contact information. In this case, however, the domain owner remains anonymous, and the listed email address redirects to a data protection service.
How Is QuantumWins Regulated?
Now, let’s move on to the most crucial aspect — licenses. On its official website, the company claims to be regulated by the Financial Sector Conduct Authority (FSCA). To verify this, we checked the FSCA registry at fsca.co.za to see if such an organization exists.
As seen in the screenshot above, the search yielded no results. This means that QuantumWins is not listed in the FSCA registry and, therefore, does not hold any valid license. Based on this, it is safe to conclude that the claims of being a regulated entity are false. The broker is not under the supervision of any financial commission.
| Features | QuantumWins | WFM International | FrostWin |
|---|---|---|---|
| European Zone | ❌ | ❌ | ❌ |
| Asian Zone | ❌ | ❌ | ❌ |
| American Zone | ❌ | ❌ | ❌ |
| African Zone | ❌ | ❌ | ❌ |
| Offshore | ❌ | ❌ | ❌ |
What business model does QuantumWins operate under?
Is QuantumWins Legit?
How Risky Is It?
Kevin Berry It is always essential to verify the facts and claims made by a brokerage firm. In this review, we checked the FSCA license and found that QuantumWins is not actually regulated. It is also quite strange that the company claims to be based in Cyprus but lists a license from FSCA (South Africa) instead of CySEC (Cyprus). It does not take much effort to realize that the legal address is also fake. A quick check of Cyprus’ official business registry confirms that no such company exists.
QuantumWins rating
2 reviews about QuantumWins
Let me be clear – it is a scam! At this moment, I am unable to withdraw my funds. I have $5,000 stuck on this platform, and the scammers refuse to respond or return my money. Initially, I wanted to file a complaint with the FSCA, only to discover that QuantumWins does not have such a license – it was entirely fabricated. What a disaster. I cannot believe I fell for this. It was an extremely painful experience, and that is why I am sharing this information – to help other traders protect their money.
These are devious fraudsters. Do not believe any positive reviews about this scam platform: they are fake comments, paid for to deceive users. This is a typical tactic used by any scam broker. No license, a short-lived shell company, no CEO, no social media presence, no legal documents provided. Stay away!