About QUICKTRADE OPTION
Overview
QUICKTRADE OPTION is a forex broker registered in the United Kingdom and operating under the domain quicktradeoption.com. It was founded on October 16, 2020, according to official records. However, the broker does not hold any regulatory licences from major financial authorities, which is a significant concern for traders seeking a secure trading environment.
Given the absence of independent user reviews and limited public information, traders should exercise caution. The broker's risk score of 48/100 (Guarded) from FXCanary indicates a moderate level of suspicion. Without verifiable regulatory oversight, there is no guarantee of fund security or recourse in case of disputes.
Regulation and Licensing
QUICKTRADE OPTION has no registered regulators on file. This means it is not authorized by any recognised financial supervisory body such as the FCA in the UK, CySEC in Cyprus, or ASIC in Australia. Trading with an unregulated broker carries heightened risks, including potential fraud, lack of legal protection, and difficulty recovering funds.
In FXCanary's assessment, the absence of regulation is a major red flag. Traders are advised to prioritise brokers that are properly licensed and regulated to ensure adherence to financial standards and client fund segregation.
Overview compiled by FXCanary from regulatory records and public data. full QUICKTRADE OPTION review