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Quicmarket Group Broker Review

We recognize possible fraud while displaying everything the broker views as benefits, including bonuses, social trading, and a Web trader. Due to this, we reviewed Quicmarket Group in-depth and provided advice on what to do if you believe you have been defrauded by this offshore company.

Broker status: Unregulated
Regulated by: Unlicensed brokerage
Blacklisted as a Scam by: No Info
Owned by: Sequoia Group Ltd
Headquarters Country: Commonwealth of Dominica
Foundation year: 2021
Supported Platforms: Web trader
Minimum Deposit: $250
Cryptocurrencies: No
Types of Assets: FX, commodities, indices, shares, bonds
Maximum Leverage: 1:200
Free Demo Account: No
Accepts US clients: No

Quicmarket Group Regulations and Security

Sequoia Group Ltd, a company from the Commonwealth of Dominica, is the owner of Quicmarket Group. This year saw the establishment of the brokerage, which operates without regulation. We have an offshore company, which means there is no governmental control, which could result in fraud.

But first, we looked into all the other pertinent information, like the trading platform, the withdrawal options, and the traders’ prior backgrounds.

However, keep in mind that the most secure brokers have Tier 1 licenses and an insurance fund.

Quicmarket Group Withdrawal Issues

After looking into Quicmarket Group’s ratings, we discovered that traders frequently express frustration with withdrawals. 

Nevertheless, you purportedly have four withdrawal options, including wire transfer, Visa, MasterCard, and Maestro.

It turns out you are completely unable to withdraw your money. According to Quicmarket Group’s concerns, the broker won’t permit any payouts, so once you request a withdrawal, you can anticipate having your account frozen.

Traders About Qicmarket Group Scam

Another significant problem we’ve observed is that account managers are pressuring clients to download AnyDesk, TeamViewer, or other comparable software. To connect to your desktop and access all you have, including online banking, utilize this app. Many clients said that despite never authorizing transactions in favor of the brokerage, account managers nonetheless withheld payments.

You should be aware of this increasingly common fraud technique. Protect yourself by not installing such applications unless you have complete faith in the person on the other end.

How To Know If You Have Been Scammed Online?

The inability to withdraw your money is a strong clue that you are being scammed. However, you should report it if you are coerced into installing AnyDesk, compelled to spend more money than you intended to, or simply sense that something is odd. You have no assurances regarding your money because you’re working with an unlicensed offshore brokerage.

Are you having trouble successfully requesting a withdrawal from your broker? Tell us about it and add a comment.[/vc_column_text][/vc_column][/vc_row]