Reported as a scam / unregulated
Why QF Markets is on the register
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. While Quality FX Ltd appears in the registry of the Marshall Islands Registry (IRI), 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. Therefore, QF Markets is unlicensed by any regulator and appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.