QFEX Inc.

QFEX Inc. is a pioneering financial trading exchange that facilitates trading of US equities, commodities, and foreign exchange around the clock for both retail and institutional investors. Founded in 2025 by Founder and CEO Annanay Kapila, QFEX Inc. operates a financial trading platform that connects individual and institutional traders directly with markets.

The company has successfully completed a SEED round in March 2026, raising USD 9. 5 mn led by General Catalyst Partners and supported by Y Combinator, Nexus Venture Partners, Moonfire, Goodwater Capital, Liquid 2 Ventures, 468 Capital and Ritual Capital. The company is headquartered in New York City, USA, with a focus on innovating trading experiences. The founder’s background details are not disclosed.

QFEX offers a unique trading platform that operates 24/7, exclusively for US equities, commodities, and foreign exchange (FX). Users can create accounts rapidly, gaining instant access to various trading features, including fund transfers from bank accounts or crypto wallets. The platform allows customers to open long or short positions on perpetual markets with leverage options up to 50 times the margin held. The primary user base includes individual traders and institutional investors seeking high-frequency trading experiences without broker interference, ensuring competitive pricing with no widened spreads or payment for order flow.

QFEX generates revenue through transaction fees from trades executed on its platform, engaging directly with clients. The business model centers on B2C transactions, where individual investors trade financial instruments directly. Customers are charged fees based on trade volume, which supports operational costs and development. This structure promotes high-frequency trading, correlating increased activity with higher revenue generation.

Although specific pricing plans are not disclosed, the platform aims to attract a broad client base through competitive trading conditions. In March 2026, QFEX Inc. raised USD 9. 5 mn in SEED funding to launch and scale a global trading exchange that provides continuous access to traditional asset trading without brokers or expiry-based futures.

The funding will be utilized to develop new features and expand operational capabilities. The company plans to target additional markets, enhancing its presence in both domestic and international spheres, with specific initiatives aimed for rollout in the coming years.