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Quyen

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Operating status: SCAM

Website: https://www.quyentmarkets.com/

Broker violations and abnormal records
  • 2023-04-02 The UK regulator FCA has identified Quyen as a clone

    On April 4, 2023, the Financial Conduct Authority (FCA) issued a warning against Quyen, stating that it is a clone of an FCA-regulated firm: https://www.fca.org.uk/news/warnings/quyen-quyen-tmarkets-limited-clone-fca-authorised-firm

    On April 4, 2023, the Financial Conduct Authority (FCA) issued a warning against Quyen, stating that it is a clone of an FCA-regulated firm: https://www.fca.org.uk/news/warnings/quyen-quyen-tmarkets-limited-clone-fca-authorised-firm
  • 2023-04-06 BrokersView has reviewed that Quyen is an unregulated broker

    Quyen claims to be a reliable broker but doesn't display its regulatory status. This is a clear indication of an unlicensed broker since legitimates ones always prominently present their accreditation and licenses. Moreover, the Financial Conduct Authority (FCA) has issued a warning against this broker for fraudulently using the details of a legitimate FCA-regulated company in order to deceive investors.

    In essence, Quyen is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Quyen claims to be a reliable broker but doesn't display its regulatory status. This is a clear indication of an unlicensed broker since legitimates ones always prominently present their accreditation and licenses. Moreover, the Financial Conduct Authority (FCA) has issued a warning against this broker for fraudulently using the details of a legitimate FCA-regulated company in order to deceive investors.In essence, Quyen is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

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