The Reputation of Q8 Trade
The reputation of Q8 Trade is, in fact, its true capital, so it must protect its reputation by providing unprecedented levels of service in the geographic region it operates within. In addition, Q8 Trade must protect this name from parties trying to extort successful businesses to collect money from it as well.
So we did in-depth, long research to answer one question that disturbs anyone who wants to trade.
Is Q8 Trade legit? Or is Q8 Trade a scam?
For sure, and beyond any doubt, Q8 Trade is a reliable trading platform and we will respond in this article to all claims against it.
The following reasons make Q8 Trade’s reputation as one of the most reliable trading platforms
The Q8 Trade platform won the #1 place as the most reliable trading platform in the Middle East and North Africa region in 2019, according to the Kuwaiti newspapers AL NAHAR, and in the business section the Kuwaiti newspaper of Al-Nahar as well as in Alwasat newspaper and in the Al-Sabah Kuwaiti newspaper.
This would not have been possible without the award presenters’ research and interviews to give the Q8 Trade platform an award of this kind.
Q8 Trade has also won several international awards, including:
- Best Foreign Exchange Trading Brand Award in 2019 for the MENA Region.
- The MENA’s fastest-growing trading platform for 2018.
- In addition to its continued sponsorship of the Kuwaiti team Al-Qadisiyah for more than two years
The things mentioned above, especially what has been published in official newspapers about Q8 Trade’s reliability, clear any suspicions about Q8 Trade’s name and reputation.
So, where does the ambiguity about the reputation of Q8 Trade comes from?
Through our research about the reputation of Q8 Trade, we found that the main confusion – if legitimate at all- arises from the fact that the whoever was inspecting Q8 Trade is, in fact, was looking for a company under the name of “Q8 Trade” within the registry of companies within the Kuwaiti Ministry of Commerce and Industry, which is not true. What should have been done by the researcher is either to search for a brand by that name Q8 Trade or to search for the company that owns the brand name Q8 Trade which the operating company Al Manara Capital services.
As for neutral sites that really enrich and provide information to users to help them make a studied decision, click here for example to see an assessment of a trading site about the reputation of Q8 Trade. This site has over 450K visits per month and is one of the most important sites that give ratings on the trading platforms and rated Q8 Trade with a score of 4.8 / 5.
The truth about Q8 Trade’s existence in Saudi Arabia
When we asked by the legal team responsible for the protection of the reputation of Q8 Trade about the existence in Saudi Arabia, they gave us the following statement:
“Al Manara Capital services is the operating and managing company of the brokerage brand name “Q8 Trade”, it has the authority to opertae the brand name in any country that service its broad plans and stratigies, exactly like any other brand in the world. therefore the comapny entered the Saudi market as part of its plan to expand its grow startegy inside the arab countries.”
“Based on that Kuwait Safe Investment Company has granted the right to use the Q8 Trade brand in Saudi Arabia, a fully licensed and regulated company by the Saudi Ministry of Trade and Investment.”
VP of Legal Department
The conclusion regarding the reputation of Q8 Trade
Without any doubt, if you do a search for any brand or company in the world, you will find some negative ratings among many other positive reviews and this is very normal. If this is not the case, you should question the credibility of the company/brand you are inspecting.
In the conclusion of our research summary, we found the following about the reputation of Q8 Trade:
Q8 Trade is a prestigious platform and it works hard to build a deeply rooted and well-established name related to the world of investments by creating a gateway to enter the international financial markets. Q8 Trade is a real platform of a real registered and licensed company (Al Manara Capital Services) that is fully compliant with its licensing requirements in any country that it may wish to expand in further in the future.
Moreover, we found articles about Q8 Trade supporting the reputation of Q8 trade in the official newspapers inside Kuwait, and that supports its actual existence on the ground. Q8 Trade has been and continues to be the official sponsor of Al Qadisiya Kuwait team. As we have learned from our sources, it is looking forward to extending the sponsorship contract for a new year as well.
The Research Team
FAQ about the reputation of Q8 Trade as listed on the internet
Why are some websites warning of “Q8 Trade” as follows: Q8 Trade warning, Q8 Trade scam warning?
Answer: If we assume that these websites are not affiliated with Q8 Trade competitors, we will respond that Q8 Trade is a brand and that whoever did that search about Q8 Trade has searched the Companies Register of Kuwaiti companies for the name “Q8 Trade” and that is inaccurate. What anyone should do is either to search for a brand by that name Q8 Trade or to search for the company that owns the brand name Q8 Trade which the owning and operating company Al Manara Capital Services.
You can view the registration by clicking here.
Why do some websites indicate that Q8 Trade does not exist in Saudi Arabia?
Answer: The search in the Saudi companies register should be for the name of the company that is operating the brand name”Q8 Trade” which is the Kuwait Safe Investment Company, a fully licensed and regulated company by the Saudi Ministry of Trade and Investment
Why do some websites try to evaluate Q8 Trade when they are not specialized nor qualified for it?
Answer: The evaluation process should be conducted by licensed entities designed for this purpose, such as licensing regulators or specialized institutions to provide assessments to create a database for the end-user to be used as a reference.
As for Q8 Trade, the licensed and specialized entities that examined and tested it did not hesitate for a moment to honor the reputation of Q8 Trade and grant it with recognized regional awards recognizable in the entire world as mentioned above
For amateur sites, there are some players who may resort to twisted tactics to discredit successful entities either for extortion purposes or to reduce their valuation, which is impossible for Q8 Trade to get engaged in.
Some websites explicitly state that “Q8 Trade” is a scam, why?
Answer: Those who read such claims must always search for evidence supporting such claims. The jurisprudential rule says “Plaintiff must always support the claim with evidence.” So where is the evidence supporting the claims who are saying the Q8 Trade is a scam?
We claim that the reputation of Q8 Trade is good, and we have provided evidence through third parties such as official newspapers and registration certificates from various ministries that the reputation of Q8 Trade is a very good one.
Unfortunately, there are some players in the game or affiliate marketers who may resort to crooked ways to discredit successful entities and people for either extortion purposes or to reduce their valuation, which is something impossible for Q8 Trade to involved in.
How can I be sure about the reputation of Q8 Trade and its credibility?
Answer: Whether you are dealing with Q8 Trade or any other trading platform, whether you are dealing with a doctor, a lawyer or an engineer, whether you are dealing with a restaurant, a grocery store or a contractor, it is very important to make sure that all of them are licensed and regulated, hence, subject to the provision of the licenses granted for them.
Q8 Trade, with transparency, offers its licenses on its website for your review, and you can see it by clicking here.