Quontic.vc Review – How and Where to File a Complaint

Once you visit Quontic.vc website, you’ll see that someone really worked on it. With its sleek design and great marketing, you might think you’ve come to the right place.

However, it’s a farce. Our detailed Quontic.vc review will show you what’s behind the surface and how easy it is to lose your money with an unregulated broker.

Is Quontic.vc Legit?

According to legal documents, Quontic.vc is operated by Quontic LLC. The company claims to have addresses in the UK and Canada, which implies it needs licenses by the FCA and OSC. However, once we searched through the said databases, we found nothing.

We expanded our search to other registers, but the situation was the same. This means that the company doesn’t offer you fund protection measures such as segregated bank accounts for deposits, leverage limit, and negative balance protection. What’s worse, they can vanish at any moment, and you won’t be able to apply for a refund from regulatory funds.

Who Are the Victims of Quontic.vc Scam?

While there are no Quontic.vc reviews on platforms like Reddit and Trustpilot, we have our own analysis tools. According to them, the majority of scam victims come from:

• Canada,
• United States,
• Israel.

Note that this brand is not related to Quontic bank found on the domain quontic.com. Therefore, their FDIC membership and license don’t cover you in case you trade with Quontic.vc broker.

Trading Platforms Choice

While promising its customers an innovative platform, this brokerage only offers basic WebTrader. It contains charts imported from TradingView with no advanced features. Note that you won’t be able to preview the platform without obtaining login credentials.

We were provided with links for the Quontic.vc app for Android and iOS, but neither of them worked. Simply put, you will have to trade via browser on any device.

Trading Assets

Once you access WebTrader, you will see five categories of trading assets:

• Forex – EUR/USD, AUD/CAD, NOK/SEK
• Commodities – gold, natural gas, soybeans
• Indices – NASDAQ, DAX30, NIKKEI
• Shares – Amazon, IBM, Microsoft
• Cryptocurrencies – BTC, BCH, TRX

However, this range means nothing if you cannot withdraw your profits.

Quontic.vc Account Types

If you still want to trade with this brokerage, which we doubt, here’s an overview of trading accounts.

• Classic – $5,000
• Bronze – $25,000
• Gold – $100,000
• VIP – $1,000,000

While the difference between amounts is rather big, your perks definitely aren’t that much better. With the Bronze account, you can get 5 protected trades. With the Gold one, you get up to 10 trading sessions and 10 trades, while the VIP account brings in 50 weekly trading sessions, VIP market insights, and a 1-on-1 session with a crypto hedge fund expert.

Leverage, Spreads, and Fees

The leverage ranges from 1:10 for the Classic account to 1:100 for the VIP one. Spreads are 100 bps on the Classic one and lowering to 50, 25, and 0 bps with each new account. 

Other fees are not mentioned, but judging by quite hefty spreads, we’d say trading with this brokerage is not cheap.

Trading Education

Quontic.vc broker has a section dedicated to trading education. You can find articles, a glossary, explanations about the markets, and an economic calendar. 

However, since we’ve determined that this firm has no regulations, we can only assume that their education is not proper. After all, it’s in their best interest to keep you without knowledge so that they can suggest nonsense trades and ask for more money.

How to Contact Customer Support?

If you’re having any trouble with your account, you can contact customer support. This can be done via support email, phone number, or a web contact form. The company claims it works 24/5, but we doubt you’ll get any answers regarding withdrawals.

Key Information to Consider About Quontic.vc

It’s clear that Quontic.vc is an unregulated brokerage. The company has no withdrawal policy or any other documents outlining payout terms. In addition, they don’t specify payment methods or fees. Therefore, it’s clear that you can expect a lot of issues.

In such cases, you should report them to your local authorities immediately. Additionally, you can book a free consultation with our recovery experts. We’ll help you file a complaint and create a plan for financial recovery. Don’t let scammers keep your funds. Let us know what happened.

FAQ Section

What is Quontic.vc?

Quontic.vc is an unregulated online trading brokerage allegedly based in the UK and Canada.

Is Quontic.vc a Scam Broker?

Yes, Quontic.vc is a scam broker that operates without the FCA and OSC approvals.

Does Quontic.vc Offer a Demo Account?

No, Quontic.vc doesn’t offer a demo account, only a live one with a minimum deposit of $5,000.