QFX Trade Review
4
Review
Fast Facts
Contact Info and Support
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | January 2026 | 0 |
| February 2026 | 0 | |
| March 2026 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - |
About QFX Trade
QFX Trade (operating under the trading name QFX Trade Limited) is not licensed or regulated by the British Virgin Islands Financial Services Commission (FSC) and has been identified by the FSC as circulating a forged investment business licence; the FSC declared that QFX Trade Limited is not and has never been authorised to conduct any financial services business in or from the BVI, and issued a public statement to that effect on 16 May 2022 .
India's Enforcement Directorate froze approximately INR 1.7 billion linked to QFX Trade Ltd, following allegations that the company operated an unregulated multi‑level marketing forex trading scheme under various brand names including YFX, and engaged in money laundering activities through shell companies and bank accounts; the action involved freezing around three dozen bank accounts and seizure of cash .
Who it’s for
- None – the broker lacks valid regulatory licences and has been subject to enforcement actions and fraud allegations.
Pros and cons
Pros
- None identifiable based on verified regulatory or official sources.
Cons
- No valid financial services licence; publicly identified by BVI FSC as unauthorised and issuing forged documentation.
- Subject to enforcement and fund-freezing by Indian authorities tied to alleged forex scam and money laundering operations.
