Reported as a scam / unregulated
Why TheQTrade is on the register
TheQtrade claims to be a broker and operates in a highly regulated environment, offering wide range of financial services, including stocks, currency pairs, Indices, Commodities and more instruments in global markets. But it does not give information about his country of origin. A company that offers financial services must give an address and have a financial license in the country where it is located. The truth is that TheQtrade is not regulated by any regulators. Letting it hold or control investors’ money is unsafe, and the money can not be protected by any laws. TheQtrade 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.