Real broker or “dummy”: QuNea review and real traders reviews

QuNea claims to be an experienced broker that closes 7 million trades a day and has been in business for a long time. They claim to be registered in Hungary and fully regulated by some organizations.

In this article, we will consider the QuNea broker in more detail, see what they offer their clients and what they write about them in reviews.

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Brief information about the broker

Even though broker QuNea claims that they have an office in Hungary, this information is false. The audit showed that it is not in the register of legal entities.

Real broker or “dummy”: QuNea review and real traders reviews

Who exactly owns the organization is also unknown. It is understandable, no one wants to associate themselves with a fraudulent organization. In addition, they do not have any links to social networks. Although, it would seem, a large company with extensive experience should be able to advertise itself and use any means for this.

QuNea website

The company says it has a lot of experience. We checked their website and found out the following. The domain of their site was registered in 2005, but it was updated in February 2021, which means that QuNea has been around for about a year. They just bought the domain and customized it for themselves.

Real broker or “dummy”: QuNea review and real traders reviews

In addition, the site is made extremely unprofessional and cheap. In addition, you can check how much it was bought for, it turns out, for just one ruble. The creators did not invest in the site at all, knowing that after some time they would buy something new and continue to deceive people there.

You can also check website traffic. It is 20-30 users per day. This is very small, which means that the broker is not known to anyone and is not in demand by customers.

Real broker or “dummy”: QuNea review and real traders reviews

QuNea Trading Accounts

The company offers its customers 3 types of accounts. Let's consider them in more detail:

  • Base. You can open this account by investing $150. The leverage is 1 to 100, the broker promises instant execution of the order.
  • Advanced. The minimum deposit is $1,000 and the leverage is 1:500. It also promises instant execution of transactions. It is possible to insure your deposit and trade cryptocurrencies and metals.
  • Professional. Such an account can be opened for 10 thousand dollars. The conditions are the same as those of the Advanced, but the opportunity to receive round-the-clock support and protect your deposit is added.

Real broker or “dummy”: QuNea review and real traders reviews

Most often, clients are invited to open an Advanced account, saying that you can make great money in it, unlike the first one.

But this is just a trap, thanks to this, scammers want to take money from the client as soon as possible.

Company security

The founders of the company claim that their activities are regulated by several organizations. Here's who they call:

  • Cysec;
  • IFSC;
  • FSC Mauritius.

At first glance it looks good, but what is it really?

There is no mention of QuNea in the registers of these organizations. It turns out that the owners simply came up with license numbers and entered them on the site in order to somehow attract customers.

In addition, the company is actively working with traders from Russia, which means that it must have a license from the Central Bank. But QuNea, as expected, does not have this document.

Terms of use

QuNea's user agreement is very similar to this document, but from other fraudulent organizations. One of the clauses says that any disputes that will arise between the company and the client can be resolved in Vanuatu. But the fact is that the organization is not even registered in this offshore zone.

There are also loopholes that the company leaves to itself:

  • The organization can close any transaction of the user without giving a reason;
  • The company can change the size of the commission without notifying customers;
  • All responsibility falls on the shoulders of customers, even if it was the fault of the company.

It is dangerous for any trader to work with such a user agreement.

Reviews about the company QuNea

As we wrote above, the organization appeared in February 2021. Since then, reviews began to appear about them. At first they were purely positive. This is understandable - QuNea wanted to advertise itself, show its best side and attract first customers. But when they got it right, negative comments about working with the company began to surface.

Real broker or “dummy”: QuNea review and real traders reviews

What users write:

  • It is impossible to withdraw your money, as the company requires payment of insurance, but when the money is credited to the account, they ask you to wait a little longer.
  • The support service refuses to help customers, and sometimes simply does not answer the questions posed;
  • The commission for withdrawing funds suddenly increased and was immediately debited from the user's account.

Right now you can only find negative reviews online. It is not surprising, given all the information that we managed to find out about them.

If you have ever worked with the QuNea brokerage company, be sure to write a review about it so that other users know if it is worth working with it.

Conclusions about QuNea

In the course of writing this article, we found out that QuNea should not be contacted. She has the following disadvantages:

  • Impossible to withdraw money;
  • No licenses;
  • The user agreement is drawn up so that the benefit will always be on the side of QuNea;
  • Fraudsters.

We do not advise you to work with QuNea.

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