About QUANTFURY
Overview
Quantfury is a brokerage firm established on 17 July 2020 and registered in the United Kingdom under the legal name Quantfury Trading UK Limited. The company operates from its registered address at 4th Floor, Lyford Cay House, Western Rd, Nassau, Bahamas. It offers trading in a variety of financial instruments, including stocks, ETFs, futures, and cryptocurrencies. The platform is designed to appeal to both novice and experienced traders who prioritize low costs and simplicity.
Regulation
Quantfury holds two regulatory licenses: an FCA Forex Execution License (STP) under number 577611, classified as Regulated, and an SCB Derivatives Trading License (MM) with number SIA-F204, which is marked as Offshore Regulation. The company’s website, however, does not display any regulatory information, which may concern some traders. The presence of these licenses indicates some oversight, but the offshore classification of the SCB license warrants caution.
Account Types
Quantfury does not publicly list multiple account tiers. Instead, it offers a single account type that provides access to all instruments with no commissions. The account setup requires no KYC documentation, and users can start trading by depositing cryptocurrency. The broker also offers a 5% annual yield on USD and stablecoin balances held in the account, functioning as an interest-earning feature.
Platform & Tools
The broker provides a proprietary trading app available for mobile devices. The platform features real-time market prices, fractional trading, and tools such as charting and order management. While many users find the interface intuitive, some have noted limitations in chart history and the placement of certain order types. The app supports both buy and sell orders across a range of assets.
Instruments & Markets
Quantfury offers a broad selection of instruments: U.S. and EU stocks, ETFs, metal and commodity futures, and cryptocurrencies. This diversity allows traders to access multiple markets from a single platform. The broker does not charge commissions on any trades, and prices are sourced directly from exchanges to ensure transparency.
Funding & Withdrawals
Funding is accepted primarily via cryptocurrency (USDT, etc.) and credit/debit cards. Withdrawals can be processed in crypto or fiat, but users have reported a mandatory 5-day hold on crypto withdrawals before funds can be transferred to an external wallet. Some clients have also experienced delays or account locks during withdrawal requests.
Target Audience
Quantfury is aimed at retail traders who value zero-commission trading and minimal account requirements. The no-KYC policy appeals to privacy-conscious individuals, while the range of instruments suits diversified investors. However, the platform may not be ideal for high-frequency traders or those who require advanced charting and fast execution, given reported delays and interface constraints.
Overview compiled by FXCanary from regulatory records and public data. full QUANTFURY review