Review summary
Quest Trade Algorithm is a forex entity operating from the United States with a very limited operational history of less than one year. The company's overall WikiFX score stands at a low 1.10, reflecting its nascent stage and regulatory profile. This is a severe risk warning. Quest Trade Algorithm is an unregulated entity that holds no valid regulatory licenses from recognized financial authorities for forex trading. It offers high leverage up to 1:1000 on its Raw Spread and Standard account types, which, in the absence of regulation, significantly elevates potential client risk. While the broker supports key trading features like scalping, Expert Advisors (EAs), and position locking, these technical offerings do not compensate for the fundamental lack of financial safeguards. Given its unregulated status, short operational history, and the absence of a protective regulatory framework, engaging with this entity involves accepting a very high degree of counterparty and financial risk. 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: 2026-03-19)
