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Online trading scams: Do not fall victim

November 20, 2022
Posted by: FlosSuperU
Categories:

Recent-Data-Breaches-HALOCK-Reasonable-Security-1536x656-1 - QuickTrade (Pty) Ltd

Risk Warning Note: As a licensed FSP we may market and sell financial products offered by foreign product suppliers. We may introduce you to foreign product suppliers and foreign over-the-counter derivatives providers (including third-party companies or one or more of our group companies). The onus is on you to ensure that you comply with all applicable laws which may apply to you when purchasing foreign financial products or trading over-the-counter derivatives with foreign over-the-counter derivatives providers, including without limitation, the Exchange Control Regulations, 1961 made under the Currency and Exchanges Act, 1933.

QuickTrade.World is a company incorporated in Botswana with company registration number BW00000404456. QuickTrade.World acts as the principle and counterparty to all client trades.

Forex and CFDs are complex, leveraged products, and you can lose substantially more than your original investment and margin payments. Forex and CFDs incur a high level of risk and may not be suitable for all investors. You must consider whether you can afford to risk losing all your money and more. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand how CFDs work and the risks involved, and consider your level of experience, financial situation and objectives. CFDs are not listed on any securities exchange. You must read this website’s QuickTrade Risk Disclosure Statement, Client Agreement and Legal Policies. You must seek independent advice if necessary.

QuickTrade (Pty) Ltd is an authorised Financial Services Provider (“FSP”) regulated by the Financial Sector Conduct Authority of South Africa, holding a Category I FAIS licence with FSP No. 45262

In terms of its FAIS licence, QuickTrade is licensed to provide advice and intermediary services on an execution-only basis in respect of shares, derivative instruments, warrants, certificates and other instruments. If we provide you with advice or intermediary services regarding CFDs, the provisions of FAIS will apply.

Before trading CFDs, you should be aware of the tax consequences. You must consult your lawyer, accountant or other tax advisor. If you open an international account with us, you must provide a tax clearance certificate. All your international trading will be subject to the Exchange Control Regulations, 1961, published under the Currency and Exchanges Act, 1933, which imposes strict foreign investment allowances on you.

This website is directed only at residents of the Republic of South Africa.

LEGAL DOCUMENTS

TRADING SUPPORT HOURS

Monday – Friday: 08:00–16:30 (UTC+02:00)

TECHNICAL SUPPORT HOURS

Monday – Friday: 08:00 – 18:30 (UTC+02:00)
Saturday: 08:00 –16:30 (UTC+02:00)
Sundays and public holidays: Closed

CONTACT US

+27 82 908 3332
hello@quicktrade.co.za

REGISTERED ADDRESS

Portion Bldg, Grnd Floor, 345 Rivonia Rd, Rivonia, Johannesburg, 2128

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RESTRICTED COUNTRIES: We do not onboard clients from the following countries: United States, Afghanistan, Central African Republic, Congo, Cuba, Indonesia, Iran, Iraq, Lebanon, Libya, Mali, Myanmar (Burma), Nicaragua, North Korea, Russia, Somalia, Sudan and Syria, Venezuela and Yemen.

* Withdrawals
Once you have completed the steps above and started trading you can easily withdraw your profits via the Client Portal. There is no cost for a withdrawal of proceeds from a trading account. If there are no additional requirements, withdrawals can take up to three hours to be processed and up to three hours to be paid. We may require further documentation and information to process your withdrawal. Withdrawals can be withheld if you do not provide the required documentation and information. Once we receive the required documentation and information, your withdrawal can take up to 24 hours to be processed and paid. Our support staff are available via the LiveChat facility for quick assistance when you need it!

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