⚠️ Scam Alert: Potential Fraud Involving Stock Trading and Other Related Services via Mobile Application

 

We have been alerted that external parties may be posing as related companies of Quantedge Capital in other countries, notably Malaysia and Hong Kong, or falsely claiming to be representing or in partnership with Quantedge Capital, in offering stock tips, trading courses and other investment opportunities in an attempt to defraud members of the public. These external parties may advertise their services or products via online websites, mobile applications available for download on Google Play Store or Apple App Store, or social media websites, and utilise other online communication platforms such as WhatsApp. Through such channels, these external parties may also offer "live courses" on trading strategies, stock lending services, "direct market access" to stock markets, and profit or commission sharing arrangements. They may also offer partner loyalty programs and promise other rewards for making deposits and referring other clients to them. 

 

Please note that Quantedge Capital only has offices in Singapore and New York. Quantedge Capital does not have any offices in Malaysia or Hong Kong or any other countries, and does not operate any mobile application. Quantedge Capital does not offer any trading courses, stock lending or trading services, or any of the above-mentioned arrangements or programs. Further, Quantedge Capital will never request any investors to transfer funds via any mobile application.

 

Stay vigilant and report any suspicious activity to the relevant authorities immediately. If you are unsure, please contact Quantedge through official channels such as our website at https://www.quantedge.com/ .