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ANSWER No, Quitrade is not regulated in the UK. It is an unlicensed trading platform that poses significant risks to investors.While it claims to be located in the UK, it fails to seek authorization from the Financial Conduct Authority (FCA), the British financial regulator. This lack of authorization makes its offerings illegal because almost all individuals or businesses are required to be licensed by the FCA.Therefore, we strongly suggest investors stay away from Quitrade. It appears to be an unlicensed website that could expose its clients to fraud and identity theft. By trading with a platform outside of the regulatory framework, individuals are putting their interest in danger. To protect themselves, traders are advised to opt for fully regulated brokers.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.