Score
iQuoto
United Kingdom|5-10 years| https://iquoto.com
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
iQuoto-Demo
United KingdomInfluence
D
Influence index NO.1
Sweden 2.50MT4/5 Identification
MT4/5 Identification
Full License
United KingdomInfluence
Influence
D
Influence index NO.1
Sweden 2.50Surpassed 21.90% brokers
Contact
Licenses
Single Core
1G
40G
Contact number
+44 （0）203 9506214
Other ways of contact
Broker Information
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iQuoto Limited
iQuoto
United Kingdom
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
- United KingdomFCA (license number: 826970) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
WikiFX Verification
United Kingdom| Benchmark | -- |
|---|---|
| Maximum Leverage | 30:1 |
| Minimum Deposit | No Minimum |
| Minimum Spread | From 1.3 Pips |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 Lots |
| Supported EA | |
| Depositing Method | (4+) VISA MASTER Bank transfer |
| Withdrawal Method | -- |
| Commission | $0 |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 30:1 |
| Minimum Deposit | £2000 |
| Minimum Spread | Raw Spread |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 Lots |
| Supported EA | |
| Depositing Method | (4+) MASTER Bank transfer VISA |
| Withdrawal Method | -- |
| Commission | $3 per Lot per side |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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iQuoto · Company Summary
| iQuoto Review Summary | |
| Founded | 2018 |
| Registered Country/Region | United Kingdom |
| Regulation | FCA (Revoked) |
| Market Instruments | / |
| Trading Platform | MT5 |
| Customer Support | Email: info@iquoto.com; tel: +44(0) 203 9506214; contact form |
| Address: Beyond - Aldgate Tower, 2 Leman Street, London, England, E1 8FA. | |
| Restricted Areas | United Kingdom, United States, Canada, North Korea, Iran, Belgium, Japan |
iQuoto Information
iQuoto is a brokerage company registered in the United Kingdom in 2018. However, its website is quite non-informative with very limited information about its business scope and trading conditions. What we can obtain from its website is that the broker offers the industry-leading MT5 platform, but there's no access links. Moreover, it seems to invole in trading for forex and CFDs, but not for sure so far due to one-sentence mention about these two instruments only in the bottom of its website.
What makes matters worse is that the broker operates with no valid regulation from any authority bodies, indicating less complaince to industry standards and customer protection.
Pros and Cons
| Pros | Cons |
| None | No regulation |
| Limited info on trading conditions | |
| Non-informative website | |
| No download links for MT5 | |
| Not accept clients from certain areas |
Is iQuoto Legit?
Regulation is a crucial aspect of evaluating the legitimacy and reliability of a brokerage firm, and in the case of iQuoto, the broker operates without any valid regulatory oversight. The absence of a regulatory framework raises significant concerns regarding the broker's adherence to industry standards, financial transparency, and the protection of client interests.
Trading Platform
iQuoto boasts the availability of the world-leading and popular MetaTrader5 platform, which is advanced with features of fast trade execution, multiple charting tools and user-friendly interface.
However, there's no links to access this platform on its one-page website, which means that MT5 can be just a stunt and means of advocation by the broker. Actual trading platform the broker offers might be an unidentified one with simplistic functions.
Review 3
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