Investor Alerts - Quanter Trade


Company: Quanter Trade
Regulator: The Dutch Authority for the Financial Markets
Jurisdiction: The Netherlands
Date: 05 Sep 2024
Link: https://www.afm.nl/nl-nl/consumenten/waarschuwingen/bekijk-de-waarschuwingen/boilerroom/quanter-trade
Subject: Regarding market intermediaries who are required to be licensed or registered (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)
Comments: The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Quanter Trade. This company is a suspected boiler room. Quanter Trade has approached persons without being asked, to offer them in vestment proposals . A boiler room is a collective term for fraudulent individuals and organizations using clever salespeople to call potential investors to pressure them into buying shares that promise high returns (cold calling). In reality the shares are either worthless or non-existent. The AFM has established that Quanter Trade does not have an AFM license or a European Passport.