While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more
To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more
Flexible funded plans to suit all Whether you're just starting out or looking to take on the greats! We have a range of funded solutions to suit all. Are you looking to trade a whole desk? Contact us for bespoke packages.
United Kingdom
3.5
6 reviews
No history of asking for reviews
This company hasn't invited their customers, so reviews may not be representative
How this company uses Trustpilot
See how their reviews and ratings are sourced, scored, and moderated.
After years of building my own capital, I was looking for a way to access larger trading volumes without risking my personal funds. THQFX's Pro Trader 500k account was the perfect fit. Their 12% drawdown rule provides a good balance of risk and reward, and the freedom to trade any strategy I want is a major plus. I'm already eyeing their uncapped profit potential with the $5 million account!
Couldn't be happier with my experience at THQFX. Passed the evaluation easily, got funded with $5M, and have received my 1st payout without any issues. Account manager has always been helpful and addressed any issues I had throughout my journey. THQFX has been a game-changer for me and have applied for another account Pro trader account now as well!
Reply from THQFX
Thank you Dave we look forward to working with you even more! Congratulations on the first payout always a great feeling!
Hundred percent a money grab. Do not use them! They say they allow US traders, so I got an account with them and passed it with the HFT, then two days later they say they are not taking US traders anymore and will not refund my account. they just took my 3k and blocked me on all accounts.
also, your reply below does not fix anything. I passed the second challenge and I even Got confirmation that I would get my credentials the next day. And then the next day said we are now not accepting any US traders and you will not give you a refund. So I essentially paid and got nothing. Also, I did not sign anything. If this company was legit, they would give me a refund. It shows their character. Sure they may pay out a little bit of money on a small account Just to give you faith in them to buy a bigger account, I guarantee you will not get a big payout. All HFT props are Questionable.
Reply from THQFX
Thank you for reaching out to us regarding your concerns. We appreciate the opportunity to address your issues directly.
First and foremost, it is important to clarify that THQFX is not a trading firm or a broker. We provide clients with simulated trading accounts for educational purposes only. Our clients have the freedom to use any broker they prefer. This distinction is clearly stated in our terms and conditions, which all clients agree to before participating in our programs.
We have never claimed we are part of any broker, if you can show us where we said we were?
We are not being investigated by the CFTC for two reasons One we are not in america and two we are not a broker or trading company and have never offered any trading. Please educate yourself.
We never changed the rules as per our agreement.
It has come to our attention that some participants, after failing our trading challenge, are now accusing us of being a scam. These allegations are unfounded. All participants, including yourself, signed the agreement and accepted our terms before engaging in simulated trading.
You too failed a challenge.
Specifically, regarding the case of Logan, it is important to note that he received his account and even referred clients to us, for which he was duly paid a commission. It was only after breaching the agreement that he began to claim that our activities are illegal. Notably, he did not raise any such concerns while actively participating in and benefiting from our services.
We emphasize that our activities are not illegal, as we are not a financial company or broker. We simply provide a platform for traders to showcase their trades for educational purposes. Traders have the autonomy to present their trades in any manner they choose, and it is at our discretion whether or not we utilize these trades.
For context, firms similar to ours, such as FTMO, operate in a comparable manner.
We are currently facing numerous defamatory comments and chargebacks. These actions are unjustified, given that all participants entered into agreements willingly and with full knowledge of our terms. We intend to address and contest each case of defamation and chargeback rigorously, as the agreements signed by our clients support our stance.
Furthermore, please be advised that we will seek legal action against any individuals making defamatory comments such as "scammer" or "fake company." Such statements can result in significant financial loss for us, and we will pursue legal remedies to recover these losses. As demonstrated in several cases, including those involving reviews, defamatory remarks can lead to substantial monetary damages.
We hope this clarifies our position and addresses your concerns. We remain committed to providing a fair and transparent platform for all our clients.
Scammers. When called out for their prosecutable activity, they terminate funded accounts and block customers. I know several people that this happened to. They also failed people's challenges based on breached rules that did not happen. The broker that they use has been made aware and will soon cut ties with them. The consequences of their actions will come for them.
Responding THQFX’s reply’s: 1. Clients are not free to use any broker they prefer, you provide clients with one specific broker. 2. I know you are not a broker. I’m stating that the broker you use for client accounts has been made aware of your actions. They have never been affiliated with you and do not wish to be affiliated with your company. They will be taking action. 3. You say all participants signed the agreement before engaging in trading, which is true. But you have changed the terms after you have people’s money, and your website clearly says refunds are not offered. 4. you say I failed a challenge. I did not fail it. I passed it.
Reply from THQFX
Thank you for reaching out to us regarding your concerns. We appreciate the opportunity to address your issues directly.
First and foremost, it is important to clarify that THQFX is not a trading firm or a broker. We provide clients with simulated trading accounts for educational purposes only. Our clients have the freedom to use any broker they prefer. This distinction is clearly stated in our terms and conditions, which all clients agree to before participating in our programs.
It has come to our attention that some participants, after failing our trading challenge, are now accusing us of being a scam. These allegations are unfounded. All participants, including yourself, signed the agreement and accepted our terms before engaging in simulated trading.
You too failed a challenge.
Specifically, regarding the case of Logan, it is important to note that he received his account and even referred clients to us, for which he was duly paid a commission. It was only after breaching the agreement that he began to claim that our activities are illegal. Notably, he did not raise any such concerns while actively participating in and benefiting from our services.
We emphasize that our activities are not illegal, as we are not a financial company or broker. We simply provide a platform for traders to showcase their trades for educational purposes. Traders have the autonomy to present their trades in any manner they choose, and it is at our discretion whether or not we utilize these trades.
For context, firms similar to ours, such as FTMO, operate in a comparable manner.
We are currently facing numerous defamatory comments and chargebacks. These actions are unjustified, given that all participants entered into agreements willingly and with full knowledge of our terms. We intend to address and contest each case of defamation and chargeback rigorously, as the agreements signed by our clients support our stance.
Furthermore, please be advised that we will seek legal action against any individuals making defamatory comments such as "scammer" or "fake company." Such statements can result in significant financial loss for us, and we will pursue legal remedies to recover these losses. As demonstrated in several cases, including those involving reviews, defamatory remarks can lead to substantial monetary damages.
We hope this clarifies our position and addresses your concerns. We remain committed to providing a fair and transparent platform for all our clients.
Can you show us where we have said we are affiliated with one specific broker please? We are not affiliated with any broker and never said we are. We allow clients to use any broker they want.
5 payouts over 6 months. Can’t fault this firm at all. Follow the rules and you will be fine.
Reply from THQFX
Thanks for the review rob, thats is follow our rules get paid on profit thats all you got to do!
Great rules and they pay.
Do miss not having a dashboard but the 1:1 support is awesome and very different to other firms.
Reply from THQFX
Hi Tay, Yes, the dashboard is on our radar to sort. But we do fine a lot of clients enjoy jus using the mt4 reporting as its 100% precise and no down time, like some dashboards.
Thanks for the 5 stars though appreciate it.
Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.
Learn more about other kinds of reviews.
We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.
Learn about Trustpilot’s review process.
Here are 8 tips for writing great reviews.
Verification can help ensure real people are writing the reviews you read on Trustpilot.
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
