FCA Warns Against Unauthorised Quantex Operations
On March 5, 2026, the UK Financial Conduct Authority (FCA) issued a securities fraud warning against Quantex Inc, stating that the firm may be providing or promoting financial services without authorisation, per. The FCA explicitly advised the public to avoid dealing with Quantex and to beware of potential scams, per. The warning notes that almost all firms and individuals must be authorised or registered by the FCA to carry out or promote financial services in the UK, and Quantex is not authorised, per.
Quantex as Collapsed MLM Crypto Ponzi
Quantex operated as an MLM crypto Ponzi scheme, launched on the domain quantex.shop in mid-2024, per. It used multiple domains (quantexlimited.com, quantexltd.io, and quantexltd.co) across successive collapses, with all three now disabled, per. The scheme ultimately collapsed toward the end of 2025 or early 2026, per. In addition to the UK, fraud warnings were issued by the Central Bank of Russia and Canadian regulators, per.
Investor Guidance
Investors should steer clear of Quantex and any related entities due to the unauthorised nature of its operations and history as a collapsed MLM Ponzi. Always verify a firm’s authorisation status directly with the FCA via its official register at fca.org.uk. Bitcoin (BTC) and broader crypto markets remain unaffected by this specific warning, but such cases highlight the risks of unregulated platforms. Diversify into regulated assets and avoid promises of high returns from unauthorised schemes. Stay updated via official regulator websites.
