Questra World Review 2024
Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of Questra World Trading Company
According to claims, investing in Questra World can earn you a return on investment of at least 4% every week. However, a variety of online sources suggest that Questra World is an unregulated website rather than a legitimate broker, and numerous review sites have already exposed it as a scam. Concerned authorities from several nations have sent warnings about Questra World's illicit activities as a Ponzi scheme. How they are disseminating information about their illicit Ponzi scheme is concerning and constitutes a major scandal.
Questra Holdings, which is turning out to be the same as Questra World, received a regulatory warning in September 2016 from Belgium's Financial Services and Markets Authority. Although they do not sell retail goods or services, Questra World allows you to become an affiliate and make investments. They seem to have started as Questra Holdings in the middle of 2015 using the domain "questra.es," which today is non-responsive. Although the company is not a recognized credit institution or investment firm, the proposed system by Questra Holdings looks like some kind of Ponzi scheme or pyramid scheme. This brokerage has not yet received many reviews, but below are reviews from a few users and experts who could tell if a broker is genuine or a scam based on experience in the industry.
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Contacts
Registration address | According to claims, the corporate address is based in Madrid, Spain, but reviews prove this is not genuine. Also, they claim to be reachable at support@questraworld.es or support.office@questraworld.es. |
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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FAQs
Why has Questra World been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against Questra World by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Questra World is down, not updated or operates with clear errors and some features are not available;
• Questra World has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if Questra World got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why Questra World got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from Questra World?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if Questra World is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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