Brokers  /  QDM

QDM

Severe riskForex / CFD broker
🇺🇸 United States · 5-10 years · since 2018-06-20 · QDM LIMITED
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.61/10
Trustpilot/5
Forex Peace Army/5
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No sign that QDM actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameQDM LIMITED
Headquarters🇺🇸 United States
Founded2018-06-20
Years operating5-10 years
Employees0
Official websitetrader.qdmfx.net
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

QDM is an unregulated broker with no verifiable trading conditions, platforms, or client protections. The severe risk score of 85/100 underscores the high likelihood of investor harm. Combined with the complete lack of public information, this broker presents a dangerous proposition for most traders.

Best for
  • Experienced traders who have fully vetted the broker and accept severe risk
  • Traders seeking unregulated offshore brokers and willing to forgo investor protection
Not for
  • Beginners and retail investors needing regulatory safeguards
  • Traders who require transparent trading conditions and reliable customer support
  • Anyone looking for a broker with a proven track record and positive industry reputation
Period:
What users praise
Where reviewers are from
United States1

Real user reviews

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About QDM

Overview

QDM is an online trading entity operating under the domain qdmfx.net. The broker was founded on June 20, 2018, and lists its country of registration as the United States. However, there is limited public information available about the company's specific operations, corporate structure, or ownership.

The broker does not appear to be associated with any well-known financial institution or established brokerage group. Its online presence is confined to its official website, and it does not feature in major industry directories or review platforms. This lack of visibility is a notable characteristic for a firm that has been in operation for several years.

Regulation and Safety

QDM does not hold any regulatory licenses from recognized financial authorities. The known facts indicate that no regulators are on file for this entity. This means that traders who open accounts with QDM do not benefit from the oversight, client fund segregation, or compensation schemes provided by regulated brokers.

The absence of regulation is a significant factor for any trader to consider. Without a regulatory framework, there are no independent mechanisms to address disputes or ensure fair treatment. The FXCanary Scam Risk Score for QDM is 85 out of 100, which falls into the 'Severe' risk category, reflecting the heightened potential for investor harm.

Account Types and Trading Conditions

Based solely on the known facts, there is no verifiable information about the account types offered by QDM. The broker's official website (qdmfx.net) is not accessible or does not provide clear details in the available records. As such, it is not possible to describe specific minimum deposits, spreads, leverage options, or commission structures.

Traders interested in this broker should exercise extreme caution. Without transparency on trading conditions, it is difficult to assess whether the offerings are competitive or fair. Any information presented on the website should be independently verified before commitment.

Platforms and Instruments

There is no confirmed data on the trading platforms or instruments available through QDM. Typical forex brokers offer platforms like MetaTrader 4 or 5, but no such association can be made here. The range of tradable assets—whether forex pairs, CFDs on indices, commodities, or cryptocurrencies—remains unknown.

This lack of disclosure is a red flag. Legitimate brokers usually provide detailed information about their trading environment to help clients make informed decisions. The absence of such information may indicate an unprofessional operation or one that does not meet industry standards.

Deposits and Withdrawals

No information is available regarding the funding methods or withdrawal processes for QDM. Common methods such as bank transfers, credit cards, or e-wallets are not mentioned in the known facts. The broker's policy on fees, processing times, and minimum amounts is similarly undisclosed.

In the absence of transparent payment information, traders cannot evaluate the convenience or cost of moving funds in and out of an account. This adds another layer of uncertainty and risk to the overall proposition.

Target Audience and Suitability

Given the severe risk score and lack of regulation, QDM is unlikely to be suitable for most retail traders. Beginners and conservative investors should avoid this broker due to the absence of safeguards and the potential for total loss of capital. Even experienced traders who accept high risk would find it challenging to conduct adequate due diligence with the limited available information.

The broker appears to target individuals who are willing to trade with an unregulated entity, possibly drawn by high leverage or bonus promotions. However, without verifiable claims, it is impossible to confirm any such offerings. Traders are strongly advised to prioritize brokers that are licensed and transparent.

Conclusion

QDM operates as an unregistered (or unlicensed) trading platform with no known regulatory oversight. Its corporate registration in the United States does not imply compliance with U.S. financial laws, as forex brokers must be registered with the Commodity Futures Trading Commission (CFTC) and be members of the National Futures Association (NFA). There is no evidence that QDM holds such registrations.

The combination of a high scam risk score, lack of public information, and absence of regulation paints a concerning picture. Traders should treat any interaction with this entity as high-risk and proceed only after exhaustive personal research, if at all.

Overview compiled by FXCanary from regulatory records and public data. full QDM review