Review summary
QFS, operating under the name QBackup Assets, is a newly established entity with less than one year of operational history, registered in the United Kingdom. According to WikiFX data, the broker exhibits a very low overall score of 1.11. Crucially, this entity holds no valid authoritative licenses for forex trading, placing it outside the oversight of major financial regulators. Its operational status is designated with a suspicious scope of business. The broker offers a tiered account structure from BRONZE to DIAMOND, with minimum deposit requirements ranging from $100 to $50,000, and supports features including scalping and automated trading via Expert Advisors. Given the complete absence of regulatory supervision and its recent market entry, engaging with this platform involves a significant level of financial risk due to the lack of client fund protection mechanisms. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-14)
