In today’s QuantumWins review, we examine yet another fraudulent project that boldly claims investing with them means “Win at Life!” Of course, the company promises to provide the perfect conditions for this: a diverse selection of assets, cutting-edge platforms, reliable signals, and quality training for traders. However, those who trust these promises may end up losing all their money. How can you recognize a scam broker and protect your savings? You’ll find out in our article.
Key Features
- Company Name: QW Limited
- Website: https://www.quantumwins.com/
- Available Contacts: [email protected]; +442039582566, +27310550044
- Foundation: 2024
- Services: Forex/CFD trading
- License: No
- Initial Deposit: $1,000
From Sign-Up to Payout
Exploring the official QuantumWins website turned out to be highly disappointing. The web designers only put effort into the homepage, while the rest of the site consists of dull, poorly formatted text.
Even worse, both the content and functionality leave much to be desired:
- The documents governing the broker-trader relationship are listed by name on the Legal Information page, but the actual texts are missing. The only thing we found was a link to the Terms & Conditions in the registration form.
- The account types pages provide almost no details about trading conditions.
- Asset category descriptions are extremely brief and nearly useless. No specific contract parameters or specifications are provided.
- Depositing funds independently via the user account is impossible. The only available option is a redirect for bank card transactions, but the payment form only displays the trading account number. Attempting to fill in other fields results in an error. It seems that without contacting customer support, deposits cannot be processed.
In short, the website merely serves as a digital placeholder for QuantumWins rather than functioning as a proper broker platform that informs and attracts clients. It seems the project’s owners never intended for the site to play a significant role in client acquisition — instead, they likely rely on other, less legitimate methods. This approach is common among fraudulent brokers.
Our Trading Experience With QuantumWins
On its homepage, QuantumWins modestly claims that its trading platform is “The World’s Best Trading Application.” However, any experienced trader can quickly recognize that the platform’s flaws far outweigh its advantages.
For example:
- Market overview (list of available trading instruments with quotes) is highly inconvenient. There is no way to limit the number of displayed assets to speed up searching. Additionally, it includes tickers that are unavailable under the active tariff plan.
- Charting Tools include only four graphical objects for market analysis. This severely limits a trader’s ability to analyze trends and forces them to modify their trading strategies — mostly for the worse.
- Custom Indicators & Bots cannot be created or integrated. Forget about developing unique trading systems or automated trading.
- Chart & Terminal Settings cannot be saved. After refreshing or reloading the page, traders must manually restore their configurations.
These issues are typical for the web version of the platform.
QuantumWins offers a desktop terminal, which supposedly fixes some of them. However, even in this version, users still cannot develop or integrate their own indicators and expert advisors. Clearly, this so-called “world’s best trading application” is far from the industry’s best trading software.
Traders who use the desktop terminal will be surprised to learn that it is not QuantumWins’ proprietary software — it is actually developed by Easy Technologies. This company’s software is well-known but has a poor reputation. The main issue? It is often used by scam brokers, as server administrators get unrestricted access to market data streams and the ability to manipulate them.
Important Note! The mobile apps advertised on the homepage are not available for download. The company “forgot” to provide the necessary links. In reality, the so-called mobile terminal is just an adapted version of the web trader for tablets and smartphones.
The lack of clear trading conditions is another major issue. Normally, brokers provide this information in account types or contract specifications. QuantumWins, however, seems to believe that traders don’t need this data.
Contract specifications? Not available. Trading conditions in account descriptions? Barely exist.
The only specific detail mentioned in the account types is the minimum deposit:
- Basic — $1,000.
- Standard — $1,000, too.
- Premium & VIP — Deposits must be discussed with a company representative.
- Islamic (swap-free) accounts are available for all plans. Instead of paying interest on overnight positions, traders are charged a fixed commission.
Interesting Fact! There is an account type called Corporate, which, based on its name, should be for legal entities. However, QuantumWins allows wealthy private clients to open this type of account as well.
There is almost no information on other trading conditions. Spreads & commissions are vaguely described as “standard or competitive.” There are no exact figures on trading costs. Higher leverage options are mentioned, but with no specifics on profit potential or risks.
Most of the remaining account features have little to do with actual trading. Instead, they focus on account management services and market analysis access, suggesting that QuantumWins is targeting beginners who feel uncomfortable trading without assistance. For example, the demo is only available to those clients whose balance exceeds $4,499. What kind of weird amount is this? Why is that? Why do people who already know how to trade or are ready to part with a fairly significant sum need a demo?
Overall, this is a classic scam tactic. Inexperienced traders are easier to convince to deposit large sums, and they often fail to recognize red flags.
The Reality Check
QuantumWins desperately tries to appear as a regulated broker. The company claims to be registered in South Africa and licensed by the Financial Sector Conduct Authority (FSCA).
However, a business registry check in South Africa shows that QW Limited — the company listed in the website’s footer — has never been registered in the country. Additionally, the FSCA has no record of such a firm or its tradename, QuantumWins.
On its contact page, the broker lists phone numbers with codes from the UK, Cyprus, and Australia. Yet, a search in the business registries and financial authorities of these countries yields no results — neither for the company nor the broker itself.
QuantumWins is not registered anywhere. It is a virtual broker that operates exclusively online.
How Long Has QuantumWins Been in the Game?
To determine the true age of the broker, we checked the Whois database, which provides domain registration details.
The domain quantumwins.com was registered in May 2024 — meaning the broker has been online for just 8 months. While this isn’t necessarily a red flag, it raises an important question: if the company has been active for months, why hasn’t it fixed its website’s critical flaws?
Another contradiction is found on the homepage, where QuantumWins proudly displays multiple prestigious industry awards allegedly received since 2022. How could the broker win awards before it even existed? The answer is simple: these awards are fake, and this is just a failed attempt to create a convincing backstory.
Extra Fraud Indicators
Given the broker’s several months of operation, we expected to find a large number of reviews — and we did. Reviews.io features 100+ reviews. HelloPeter has nearly 50.
However, the credibility of these reviews is highly questionable. Many posts shamelessly praise QuantumWins’ trading conditions, transparency, and platform quality. Almost none of these reviews contain specific details or personal experiences.
This strongly suggests that these reviews are paid-for promotions written by the project’s owners.
That said, not all reviews are fake. Some genuine QuantumWins reviews — from former and current clients — paint a completely different picture. Users report that the broker refuses withdrawals. The platform is designed to make traders lose money as quickly as possible.
Reputable trading analysis websites confirm these complaints. Many classify QuantumWins as an illegal operation and strongly advise against depositing any money into this scam project.
Is QuantumWins the Right Fit?
What conclusions can we draw from our QuantumWins review? The broker operates without registration or licenses, making all its activities illegal. At the same time, it misleads traders, especially regarding its company age, hides trading conditions, and fails to ensure the safety of user funds. This is more than enough to classify the project as a scam and warn against depositing money into accounts on this fraudulent platform.
I had a terrible experience with QW. Their representatives tricked me into transferring a lot of money from my wallet, pretending it was for trading. I thought I could really make money here, but I was wrong. This fake broker will find endless excuses to avoid paying you a single cent. First, they talked about ‘temporary technical difficulties,’ then they completely stopped responding.
Scammers like QuantumWins are rare, but they do exist! These fraudsters convinced me to deposit nearly $11,000. Now, I cannot withdraw either my profits or my initial deposit. It’s a horrible situation, and I don’t know what to do.
I am almost 100% sure that QuantumWins is just another scam. They only care about our deposits. The platform is losing credibility fast, and just look at all the negative reviews! The trading terminal is a mess – slippage and delays kill any chance of making a profit, not to mention the high commissions. You simply cannot make money with this broker, and it becomes obvious within just a couple of days. I do not recommend it!