Quadcode Markets is a financial broker with a minimum deposit of $50. The maximum available leverage is 1:200 and a demo account with $10,000 virtual funds is provided.
The broker's score on Trustpilot is 4/5, based on +90 reviews. More than 50 users on REVIEWS.io have given a 4.5/5 average score.
Quadcode Markets Company Information & Regulation
Quadcode is a company operating in the trading and investment industry. It was founded in 2013 and is headquartered in Limassol, Cyprus. Regulating Authorities:
- Cyprus Securities and Exchange Commission (CySEC);
- Australian Securities & Investments Commission (ASIC);
- Securities Commission of the Bahamas (SCB).
Summary of Specifications & Key Features
Financial brokers operate by several common specifications and details. Quadcore Markets Specifics:
Broker | Quadcode Markets |
Account Types | Demo, Live |
Regulating Authorities | ASIC, CySEC, SCB |
Based Currencies | USD, EUR, AUD, GBP |
Minimum Deposit | $50 |
Deposit Methods | Credit/Debit Cards, Bank Transfer, E-wallets |
Withdrawal Methods | Credit/Debit Cards, Bank Transfer, E-wallets |
Minimum Order | 0.01 |
Maximum Leverage | 1:200 |
Investment Options | None |
Trading Platforms & Apps | Proprietary Platform |
Markets | CFDs on Forex, Stocks, Indices, Crypto, Commodities, ETFs |
Spread | From 0.0001 Pips |
Commission | Variable |
Orders Execution | Not Specified |
Margin Call/Stop Out | Not Specified |
Trading Features | Negative Balance Protection |
Affiliate Program | No |
Bonus & Promotions | None |
Islamic Account | No |
PAMM Account | No |
Customer Support Ways | Email, Live Chat |
Customer Support Hours | 24/7 |
Account Types: Are there Various Accounts Available?
Quadcode Markets keeps it simple with a single live account type, making it easy for traders to get started without the confusion of multiple account tiers. However, it can be a drawback for some traders.
Live Account:
- Minimum deposit: $50
- Leverage: Up to 1:200, depending on the asset type
Demo Account:
- $10,000 virtual funds;
- No risk involved;
- Perfect for testing strategies and getting familiar with the platform.
Signing Up & Verification: Step-by-Step Tutorial
Ready to start trading with Quadcode Markets? Here's a quick guide to get you set up:
- Go to the official website and click "Sign Up";
- Choose your country of residence, enter an email, and create a complex password. Alternatively, register with your Google or Facebook account.
Now, your account is created. For account verification, answer the required questions, provide personal details, and upload photos of documents to complete your profile.
Trading Platform: Does Quadcode Offer Third-Party Platforms?
The broker's proprietary trading platform is the heart of its offering. Here's what makes it stand out:
- Multiple Chart Display: Up to 9 chart displays for comprehensive market analysis
- Technical Indicators: Over 100 popular indicators to enhance your trading strategy
- Scripting Language: Customize indicators to suit your unique trading style
- User-Friendly Interface: Intuitive design suitable for both novice and experienced traders
- Advanced Order Types: Including trailing stop limit orders for better risk management
You can download the platform's application for your preferred operating system via the links below:
As per our investigations on the official resources, Quadcode does not offer trading on any external platforms such as MetaTrader or cTrader.
Spreads and Commissions Overview
Trading fees are an important part of every trade and should be considered when calculating the outcome. In Quadcode Markets, spreads and commissions vary for each asset type. You can find out about it on the official webpage.
The company does not charge any fees for withdrawals, but there are inactive costs. You might be charged a fee of up to $10 if your account has been inactive for a period of 90 days.
Deposit & Withdrawal Methods
Quadcode Markets offers a variety of secure payment methods to suit different needs. Note that these options might not be available in all countries. Payment Options:
- Credit/Debit Cards: Visa, Mastercard (Instant)
- Bank Transfer: Via bank accounts (1-5 business days)
- E-wallets: Skrill, Neteller, PayPal (Instant or 1-3 business days)
The company supports some of the popular platforms and facilities for deposits and withdrawals.
Copy Trading & Investment Options Offered on Quadcode Markets Broker
Currently, the brokerage does not offer copy trading, social trading, or other investment features. This might be a drawback for traders looking to automate their trading, learn from experienced traders, or earn a passive income.
Quadcode Markets Bonuses and Promotions
As of now, this company does not offer any bonuses or promotions. This aligns with their focus on providing a transparent and straightforward trading environment.
However, this might change in the future. Therefore, always check the official sources for the latest updates and information regarding the matter.
Support Contact Methods and Working Hours
Customer support is an essential department in every financial company. Quadcode Markets provides limited options for clients to contact support:
- Email: supportglobal@quadcodemarkets.com
- Live Chat: Available on the website
The broker claims to offer 24/7 services to answer clients' inquiries.
Trust Scores & Reviews
Quadcode Markets has garnered positive and acceptable reviews from the trading community on reliable websites, including REVIEWS.io. In this section, we will have a look at the given scores:
- Trustpilot:
- 4.0/5 (based on +90 reviews)
- 56% of the scores are 5-star
- 29% of the ratings are 4-star
- 11% of the reviews are 1-star
- REVIEWS.io: 4.5 out of 5 with 50 ratings, 92% of clients recommend the broker
Overall, it appears that the users are mainly content with the performance and the quality of services in Quadcode Markets.
Conclusion and final words
Quadcode Markets works with USD, EUR, AUD, and GBP as its base currencies. The support team is available 24/7 via 2 channels [email, live chat.]
There are 6 payment methods [VISA, MasterCard, bank transfers, Skrill, Neteller, PayPal.] Payments via bank accounts could take 1 to 5 business days.