QUOTE FX TRADE LIMITED Scam
- Nathan Reclaim LLC
QUOTE FX TRADE LIMITED accessable at quotefxtrade.xyz claims itself as investment & Trading platform. They are offering Test, Basic, Beginner, Standard & Business Plan which depending on the plan requires a minimum deposit from 500 to 100,000 USD and a unlimited maximum deposit. They are promising upto 150% of daily return which is insane enough by itself.
During our investigation we have found that on 2nd December of 2024, The FCA (Financial Conduct Authority) on their website clearly mentioned about QUOTE FX TRADE LIMITED that “This firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams.” in their news article. These warnings raise serious concerns about the QUOTE FX TRADE LIMITED’s regulation status.
QUOTE FX TRADE LIMITED is showing false Addresses & Registration info on their website’s Contact page. Its heavily running ads in UNITED KINGDOM, but all firms operating in UK must get authorization from FCA. Which means QUOTE FX TRADE LIMITED operating as an unauthorized financial entity.
Upon further investigation we also found that the domain quotefxtrade.xyz registered in 11th October of 2024 only for a year. Also noticable fact is that the company is showing no information for their Domain Registration in the name of Privacy. We also got several reports of fraudulent activities thoroughout our investigation and there are also reports about their scam on verified reviews websites.
After Analyzing recent cases and all the facts we have come to conclusions that QUOTE FX TRADE LIMITED poses a significant risk to investors funds. We at Nathan Reclaim LLC categorizes QUOTE FX TRADE LIMITED as a “Scam” Company. If you have “Scammed” by QUOTE FX TRADE LIMITED please contact us as soon as possible so that we can help you to take necessary steps and recover your funds.
We highly recommend our clients and everyone to choose brokers with proper regulation & transparency to keep themselves safe from potential financial losses.
Frequently Asked Questions (FAQs)
This warnings issued because its Lited as Fraud/Scam/Potential Scam by UK’s Financial Conduct Authority (FCA) or other reputable regulators to provide financial services, and warnings have been issued about its activities.
No, this entity operates entirely outside of legal financial oversight. It is neither licensed nor authorized by the UK’s Financial Conduct Authority (FCA) or any other recognized, reputable regulatory body to provide financial services. Furthermore, official warnings have been actively issued to the public regarding their illicit business practices.
We strongly advise you to immediately cease all communication with this company. Be particularly cautious if they demand additional payments under the guise of taxes, withdrawal fees, or other unexpected administrative charges. These are classic tactics employed by fraudulent operations designed to extract even more of your money. The experts at Nathan Reclaim LLC are available to guide you through these deceptive practices and clearly explain the secure process for moving forward.
Recovering your lost funds may still be a viable option, though success often depends heavily on the specific payment method you originally used. The experts at Nathan Reclaim LLC will thoroughly evaluate your case and clearly explain the entire recovery strategy. To ensure your peace of mind, we operate strictly on a no-win, no-fee basis, meaning you face zero upfront financial risk while we work to retrieve your assets.
Most recovery operations are successfully resolved within a 6 to 12-month window. However, please keep in mind that your specific timeline may vary depending on the severity of the scam and the internal procedures of the banking institutions involved.
