SogoTrade Fined $75K Amid Compliance Failures
FINRA fines SogoTrade $75,000 for market access control failures as TopFX advances synthetic indices trading and 24/7 multi-asset solutions.
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Abstract:Do you face constant sell and buy order limit discrepancies while trading through QuickTrade? Do the constant QuickTrade login failures on its MT5 platform prevent you from executing orders at the optimum price? Have you been struggling to log in for a month? Failed to get a funded account despite passing the required forex challenges? These issues have concerned many traders, with some of them sharing the QuickTrade review online. In this article, we have examined several comments against the South Africa-based forex broker. Take a look!

Do you face constant sell and buy order limit discrepancies while trading through QuickTrade? Do the constant QuickTrade login failures on its MT5 platform prevent you from executing orders at the optimum price? Have you been struggling to log in for a month? Failed to get a funded account despite passing the required forex challenges? These issues have concerned many traders, with some of them sharing the QuickTrade review online. In this article, we have examined several comments against the South Africa-based forex broker. Take a look!
In an explosive QuickTrade review, a trader commented on the failure of both sell and buy order limit placement on the trading platform. The trader further stated that the broker denied order executions and froze the account, citing inadequate funds as a reason. This did not go well with the trader, who shared this complaint online.

A trader highlighted a critical issue concerning the persistent QuickTrade MT5 login failures after winning a free $5K account. As per the traders admission, the issue remained unresolved despite contacting the customer support service on numerous occasions. Frustrated by the poor trading experience, the trader shared a negative QuickTrade broker review.

A trader pointed out the lack of approval for a funded account by QuickTrade despite winning the required forex challenges. As per the trader, the broker denied it, citing a breach of rules by him. Sharing a screenshot, where you can understand this forex trading complaint better.

Several traders have alleged that QuickTrade indulges in fund scams by forcing them to deposit when seeking withdrawals. Some say the brokers rules are too strict, causing losing trades and fund losses. Here are multiple fund scam complaints against the forex broker.



The WikiFX team checked all the complaints against QuickTrade before preparing a detailed investigation report showcasing its operation and licensing status. As per our investigation, the broker is operating without a valid regulatory license, raising investment risks for traders. As a result, the team gave QuickTrade a score of just 1.56 out of 10.
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