Reported as a scam / unregulated
Why Qtmarkets is on the register
Qtmarkets claims it was established in 2002. However, when we checked its domain, we found it was newly created in 2022. So how could it start its business in 2002? It is a red flag here. Besides, Qtmarkets claims it is headquartered in Hong Kong, with direct branches in the United States, Vanuatu, and Sydney, Australia, and has obtained financial services qualifications and is regulated by local financial institutions. As per these claims, we searched several regulatory bodies, including: 1) The Hong Kong Securities And Futures Commission (HK SFC); 2) The US National Futures Association (NFA); 3) The Vanuatu Financial Services Commission (VFSC); 4) The Australian Securities & Investments Commission (ASIC). However, we did not find any match results to Qtmarkets in the above watchdogs’ registries. That means Qtmarkets is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is 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.