Quest

Hhduy

1-2 years

What do I think about the pros and cons of Quest?

WikiFX Reply

Quest offers a variety of financial products, which makes it an appealing choice for those seeking diverse investment options. However, the lack of regulation is a major concern. Even though the company provides multiple support channels and has a long history, its unregulated status raises serious questions about its legitimacy and the safety of its services. I believe the cons outweigh the pros, particularly for anyone looking to use quest trading services or access their platform for investment purposes. If you're considering opening a quest account, I would strongly recommend proceeding with caution.

Broker Issues

Quest

Regulation

08-27

United States

S jonas

1-2 years

Is Quest safe for me to trade with?

WikiFX Reply

Since Quest is not regulated, I wouldn't consider it entirely safe for trading or investing. The lack of regulation means there are no guarantees that Quest will meet the industry standards required to protect your funds or provide transparent trading services. For traders looking to use the quest trading platform, the absence of oversight from recognized financial authorities can lead to potential risks, including fraud or mismanagement of funds. Without regulation, clients also have limited options for legal recourse in case of disputes. If you’re serious about trading, it’s wise to choose a regulated provider for added security.

Broker Issues

Quest

Regulation

08-23

United States

J Forex Trader

1-2 years

Is Quest regulated?

WikiFX Reply

Quest is not regulated by any financial authority in India, which means it lacks oversight from recognized regulatory bodies. This absence of regulation raises significant concerns for anyone looking to use Quest’s services. Without regulation, there are no guarantees that Quest adheres to industry standards, which increases the potential risk for clients. If you're considering Quest trading services or making payments for their products, it is crucial to understand the risks associated with an unregulated platform. Without the protection provided by regulation, there’s no assurance that your investments or funds are safe, especially when using services like the quest platform.

Broker Issues

Quest

Regulation

08-17

United States

Darren Ross

1-2 years

Is Quest a legitimate broker for trading?

WikiFX Reply

Quest is not a fully legitimate broker due to its lack of regulation. A legitimate broker is typically regulated by a financial authority, which ensures that the company operates under strict legal and ethical standards. Without this oversight, there are no guarantees that Quest provides the level of security required for trading and investing. If you are considering using the quest platform for trading or opening a quest account, I recommend exercising caution, as the lack of regulation raises significant concerns about the safety of your investments.

Broker Issues

Quest

Regulation

08-02

United States