1. CFTC RED List Inclusion — Warning from U.S. Regulators
QuickFXTrade is listed on the U.S. Commodity Futures Trading Commission’s RED List, flagged as offering forex and binary-option services to U.S. clients without proper registration. This means the platform is soliciting U.S. residents to trade instruments requiring oversight — yet it lacks that oversight.
2. BrokerChooser Rejects It — Not Trusted or Regulated by a Strong Authority
Broker safety expert site BrokerChooser explicitly calls QuickFXTrade unsafe, noting it is not regulated by any top-tier regulator. Their policy states they would not trust it with their own funds.
3. Trustpilot Review Alleges Major Loss & Manipulation
On Trustpilot, QuickFXTrade scores 3.2 / 5 based on one review. That lone reviewer claims they lost $325,000, accusing the broker of staged success stories and fake profits
4. BrokersView Investigation Calls Out False Claims & Red Flags
BrokersView ran an exposé showing that QuickFXTrade’s claims of being regulated by CFTC, CySEC, and Belize FSC are unverifiable. Its regulatory status appears fabricated. The site warns of dubious financial guarantees and states there is very little genuine client feedback.
5. WikiFX Rates It as Highly Suspicious, No Valid License Found
In its broker profile, WikiFX marks QuickFXTrade with “No License / Suspicious Scope of Business.” Their evaluation suggests that the broker falsely claims a U.S. address and lacks clear regulatory credentials.
6. Withdrawal & Profit Claims — The Trap Widens
The promotional narrative of “quick withdrawals, huge gains, low minimums” is common in many scams. Combination of user complaints, absence of regulatory oversight, and the Trustpilot poster’s account of staged manipulation points strongly to withdrawal and profit claims being part of a trap. (Derived from aggregated evidence above)
7. Exit Strategy Built In — Domain & Identity Opacity
QuickFXTrade’s registered address is shown (3505 Harrison Avenue, Beaumont, TX) on some listings, but none of the regulator registries confirm its legitimacy. Its use of hidden or unverifiable licensing claims suggests the possibility that it can vanish, rebrand, or shut down without consequence when complaints emerge.
Conclusion — QuickFXTrade Deserves Your Full Crypto Reclaim Focus
QuickFXTrade is not just a broker with issues — it is structured like a high-risk scam platform. The CFTC’s formal RED List listing, BrokerChooser’s public rejection, reviews alleging massive losses, inconsistent regulatory claims, and secrecy in licensing all combine into a dangerous package.
If you ever deposited funds there, or are considering doing so, assume you will need to reclaim. Do not treat it as a benign broker you can trust into the future. Begin your recovery path now:
- Collect every piece of evidence: transactions, emails, screenshots, wallets
- Test small withdrawals immediately to gauge responsiveness
- File formal complaints with your national regulator, consumer protection agencies, and U.S. regulators (if relevant)
- Share your experience publicly to alert others
- Avoid any further deposits or “unlock fees” or “bonus conditions” they may demand
In crypto, trust must be anchored in transparency, not polished claims. QuickFXTrade fails the transparency test across every measure. Assume you must fight to get your money back — and begin that fight now.
