Quadcode Markets offers services to clients in the European Union and Australia. Quadcode Markets provides a selection of 300 assets traded via CFDs, a demo account loaded with $10,000 of refillable virtual currency, and a versatile traderoom accessible across web, desktop, Android, and iOS platforms.
Pros and Cons
Pros
- Wide range of tradable CFDs assets
- 24/7 customer support
- User-friendly onboarding and basic educational materials
- Mobile trading available
- Proprietary trading platform with modern UI
- Low deposit threshold
Cons
- Restricted country range
- Limited account types
- Leverage
- Trading risks
- Volatile Markets
Recommended For
Quadcode Markets is available to retail and professional traders with trading knowledge and risk tolerance. Traders may enhance their trading knowledge and skills through QCM’s educational resources and may also practice their skills and get familiar with the platform by using the demo account available.
Regulated By
- CySEC (Cyprus Securities and Exchange Commission, Cyprus)
- ASIC (Australian Securities & Investments Commission, Australia)
Top Features
- Proprietary platform: For traders seeking a modern and user-friendly platform, Quadcode Markets offers its own platform that is reputed for being “structured,” “lightweight,” and “easy to navigate.” For example, the “Portfolio” section provides centralized control over all trades, including pending and active positions.
- Commitment-free Demo Account: Traders can enhance their skills without limitations or costs through Quadcode Markets’ demo account. It offers $10,000 in virtual currency that can be replenished. The demo account has no expiration date, allowing users to practice as much as desired without the need to invest real money.
- Customizable notifications and alerts: Traders can set personalized alerts based on preferred price levels and receive notifications when the price reaches the preset level.
- Built-in market analysis tools: Quadcode Markets grants access to over 100 technical indicators, market news, economic calendars, and widgets for conducting comprehensive technical and fundamental analysis.
- Multilingual customer service: The platform takes pride in its customer support, which is readily available 24/7 through live chat. This ensures prompt assistance in multiple languages, anytime you need it.
- Low minimum deposit: Traders can begin with a minimum deposit of just 20 euros (Europe) or A$50 (Australia).
- Wide asset selection: With Quadcode Markets, traders can choose from an extensive array of over 300 assets across such categories as CFDs on Forex, Stocks, ETFs, Crypto, Indices, and Commodities.
Overview
- Type of Broker Market Maker
- Regulation & Licensing CySEC (Cyprus Securities and Exchange Commission, Cyprus) ASIC (Australian Securities & Investments Commission)
- Clients Accepted from Austria, Bulgaria, Croatia, Denmark, Estonia, Finland, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, The Netherlands Australia
- Assets Offered 300+ CFD Assets
- Platforms Available Web, Download, Mobile
- Mobile Compatibility iOS, Android
- Payment Types Accepted Wire Transfer, Neteller, Skrill, Visa, Mastercard
Account Types
|
Quadcode Markets Account |
|
|
Features |
Trade Via Mobile, Web, Or Downloadable Proprietary Platform |
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Account Currencies |
EUR, GBP, USD AUD |
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Available Leverage |
Up to 1:30 |
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Minimum Deposit |
€20 (EU), A$50 (Australia) |
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Commission Per Trade |
Varies Based On Asset |
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Decimal Pricing |
Up to 5 |
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Trading Instruments |
CFDs on Forex, Stocks, ETFs, Crypto, Indices, and Commodities |
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Min. Lot Size Per Trade |
0.01 |
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Spreads |
From 0.15% |
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Demo Account |
Yes |
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Swap/Rollover Fee |
Yes |
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Copy Trading Support |
No |
Trading and Investment Tools
- One Click Trading Yes
- Email Alerts Yes
- Stop Order Yes
- Trailing Stop Order Yes
- Limit Order Yes
- Charting Package Yes
- Trade off Charts Yes
- Mobile Alerts Yes
- Market Order Yes
- OCO Orders Yes
- 24hr Trading Yes
- Streaming News Feed Yes
Compliance & Regulation
Quadcode Markets is licensed by the Cyprus Securities and Exchange Commission (CySEC), License no. 247/14, and the Australian Securities & Investments Commission (ASIC), License no. 327075.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Information regarding past performance is not a reliable indicator of future performance.
Leverage restrictions may apply depending on client’s circumstances and/or jurisdiction. You need to be aware that losses can be magnified due to the leveraged nature of the relevant products and you could lose in excess of your deposited funds.
Potential return is the amount that will be credited to the account in case of a successful trade.
Fees & Commissions
- Rollover Fee Varies Based On Asset
- Margin Interest Varies Based On Asset
Pricing
At Quadcode Markets, the minimum deposit amount is 20 EUR (for the EU countries) or A$50 (for Australia). If your account remains inactive for a consecutive period of ninety days, the broker reserves the right to levy a dormant account fee of 10 EUR. However, this fee cannot surpass the total account balance. QCM provides specific trading specifications for each asset, and you can find these details on their official website.
Service Details
- Supported Languages English, German, Italian, Spanish, French, Dutch, Portuguese, Thai
- Customer Service By Quadcode Markets
- Customer Service Hours 24/7
- Email Response Time Within 24 Hours
- Telephone Orders No
- Personal Account Manager No
Reliability & Security
Quadcode Markets prioritizes reliability and security for its clients and ensures compliance with all applicable legislation and all mandatory requirements applicable to financial service providers operating within the European Union and Australia.
In addition to regulatory measures, Quadcode Markets offers advanced risk management features that contribute to the risk management of client investments. First, the stop-loss feature allows investors to set a predetermined limit on potential losses for their security positions. The take-profit order type enables clients to specify the exact price at which an open position should be closed to secure the outcome. If the security’s price does not reach this specified limit, the take-profit order will not be executed. Furthermore, the negative balance protection offered by Quadcode ensures that even during rapid market movements that may lead to substantial losses, clients’ accounts will not go into a negative balance.
While these risk management features cannot guarantee success in the market, they provide an additional layer of protection, helping clients manage potential losses.
User Experience
The platform prioritizes user-friendliness and is supported by round-the-clock customer assistance in order to offer a top experience. The platform is designed to be user-friendly, featuring informative tooltips that clarify the purpose of each section or button. As the broker continues to grow and develop, introducing new features and services, user satisfaction is likely to improve over time.
Final Thoughts
Quadcode Markets has established itself as trustworthy, offering a diverse selection of tradable CFDs assets, efficient customer service, and a proprietary platform as well as a balanced combination of security and user-friendliness.
Contact Info
Suite 23.03, Level 23, 259 George street, Sydney, NSW 2000
FAQs
Q: How do I get started with Quadcode Markets?
A: First, you will create your account using your name, email, or social login—this part is free. Then, you’ll need to upload documents, get verified, and upload payment information. Once verification is complete, you’re ready to go. Thirdly, you can take a platform tour and watch tutorials on basic trading information before you start. Once you top up your account, your trading journey can begin.
Q: Does Quadcode Markets offer MetaTrader?
A: No, Quadcode Markets provides its traders with its proprietary platform.
Q: What is the minimum deposit?
A: The minimum deposit at Quadcode Markets is 20 EUR for the EEA countries and A$50 for Australia.
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