ANSWER Dear Investor,
QF Markets claims to be registered in the Marshall Islands under the name Quality FX Ltd, and states that its headquarters is located in Cyprus.
Our investigation confirms that Quality FX Ltd appears in the registry of the Marshall Islands Registry (IRI). However, it is crucial to note that the Marshall Islands IRI is not a government regulatory authority. It is a private registry service that does not regulate financial activities or forex trading. Therefore, this registration does not confer any legal or regulatory legitimacy as a brokerage.
Furthermore, despite claiming a presence in Cyprus, QF Markets is not listed in the public register of the Cyprus Securities and Exchange Commission (CySEC). This means the platform holds no authorization to operate as a broker in Cyprus, raising serious doubts about its compliance and operational transparency.
In reality, QF Markets appears to have no valid regulatory license from any recognized authority. Given these significant red flags, we strongly advise investors to avoid engaging with QF Markets and to steer clear of similar unregulated platforms to protect their capital.
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