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 review: Learn everything about this broker in detail
Quadcode Markets Company Information & Regulation
Quadcode is a forex broker 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) 247/14
- Australian Securities & Investments Commission (ASIC) AFSL 327075
- Securities Commission of the Bahamas (SCB) SIA-F219
This regulatory framework provides strong oversight for European, Australian, and offshore clients, including enforcement of negative balance protection and segregated client funds, essential safeguards for retail traders.
Entity Parameters/Branches | High Tech Invest Ltd | IQOption Europe Limited | Quad Code AU Ltd. |
Regulation | SCB | CySEC | ASIC |
Regulation Tier | 3 | 1 | 1 |
Country | Bahamas | Cyprus | Australia |
Investor Protection Fund/Compensation Scheme | No | Up to EUR 20,000 under ICF | No |
Segregated Funds | Yes | Yes | Yes |
Negative Balance Protection | Yes | Yes | Yes |
Maximum Leverage | 1:200 | 1:30 | 1:30 |
Client Eligibility | Global | Europe | Australia |
Quadcode Markets CEO
Sergei Dobrovolskii serves as the Founder and CEO of Quadcode Holding, a global fintech company headquartered in London. With over 20 years of experience in economics, cybernetics, and large-scale project management, he has positioned Quadcode as a leading provider of SaaS-based trading solutions for brokers worldwide.
- Over 12 years leading Quadcode since its founding in 2013
- Former Executive Director at IQ Option Europe Ltd (2016–2019)
- Founder & Chairman of Amaiz, a UK-based business banking app (2018–2024)
- 1K+ followers and 300+ professional connections on LinkedIn
- Advocate of innovation, fintech growth, and AI-driven projects like #HackAIthon2024

Summary of Specifications & Key Features
Financial brokers operate by several common specifications and details. Quadcode 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 | $0 |
Orders Execution | N/A |
Margin Call/Stop Out | N/A |
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
- Commission-free
- Spreads: From 0.0001 pips
- Min Order Size: 0.01 lots
- $10,000 virtual funds
- No risk involved
- Perfect for testing strategies and getting familiar with the platform
The absence of raw-spread or Islamic accounts limits flexibility for advanced or Sharia-compliant traders.
Quadcode Markets Advantages and Disadvantages
Trading with the broker has its own benefits and drawbacks. Let's weigh these pros and cons in the table below:
Advantages | Disadvantages |
Strong Regulation By Top-Tier Authorities | Limited Educational Resources |
Vast Range Of Tradable Instruments | Higher Than Average Spreads Compared To Some Competitors |
User-Friendly Proprietary Trading Platform | - |
Negative Balance Protection | - |
Demo Account For Practice | - |
Signing Up & Verification: Step-by-Step Tutorial
Creating a trading account with Quadcode Markets is a quick and efficient process, granting access to over 450 instruments across 5 financial markets, including the forex market, indices, and crypto.
#1 Access the Official Website
Navigate to the broker's website homepage and click “Sign Up” to reach the Quadcode Markets registration form.
#2 Fill Out the Sign-Up Form
Provide the required information, including:
- Country
- Email address
- Account password (min. 8 characters, mix of letters, numbers, and symbols)
Accept the Terms & Conditions and confirm you’re over 18.

#3 Confirm Your Email
Check your inbox (or spam folder) for an activation email from Quadcode. Click “Confirm Email” or use the included verification code to activate your account.
#4 Start the Verification Process
For the Quadcode Markets verification process, answer the required questions, providepersonal / address details, and upload photos of supporting documents, including:
- ID card
- Driver’s license
- Passport
- Residence permit
Once verified, your account is ready to use. You’ll be able to explore assets with up to 1:200 leverage options, subject to further identity verification before live trading.
Trading Platform: Does Quadcode Offer Third-Party Platforms?
As per our investigations on the official resources, Quadcode does not offer trading on any external platforms such as MetaTrader or cTrader.
The broker's proprietary trading platform is the heart of its offering. Here's what makes it stand out:

- Multiple Chart Display: Up to9 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: Includingtrailing stop limit ordersfor better risk management
You can download the platform's application for your preferred operating system via the links below:
Though intuitive and beginner-friendly, it lacks automated trading, copy trading, and third-party integrations, which are drawbacks for advanced traders.
Spreads and Commissions Overview
Trading fees are an important part of every trade and should be considered when calculating the outcome. In Quadcode Markets, trading is commission-free, and spreads vary based on the asset type, starting from 0.0001 pips.
Trading Instrument | Average Spreads |
EUR/USD | 1.2 pips |
Stock CFDs | 1.3 pips |
Oil | 0.07 pips |
The company charges no fees for withdrawals, but there are inactivity costs. You might be charged a fee of up to $10 if your account has been inactive for a period of 90 days.

Quadcode Markets Swap Rates
Quadcode Markets provides traders with a transparent swap rate structure, calculated daily at 22:00 GMT(+1) for all open positions. Swap charges or credits are automatically applied in MT5, covering forex, metals, commodities, indices, and shares. Triple swaps are applied midweek to account for weekend interest accruals.
Instrument | Long Swap (Points) | Short Swap (Points) |
EURUSD | +6.11 | -5.85 |
GBPUSD | +5.92 | -6.30 |
USDJPY | +3.40 | -16.88 |
XAUUSD (Gold) | -3.25 | -2.80 |
XAGUSD (Silver) | -2.95 | -2.50 |
USOIL | -1.80 | -1.40 |
NAS100 | +1.50 | -3.20 |
Quadcode Markets Non-Trading Fees
Quadcode Markets maintains a transparent and fair fee policy for all traders. If an account remains inactive for 90 consecutive days, it is flagged as an inactive account, and a maintenance fee may be charged — ensuring efficient platform resource management and compliance with terms and conditions.
- Inactivity defined as 90 days without trading activity
- €10 monthly maintenance fee applies to inactive accounts
- Fee never exceeds the remaining account balance
- Transparent policy communicated via Terms & Conditions

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 for deposits or 1-3 business days for withdrawals)
The company supports some of the popular platforms and facilities for deposits and withdrawals.
Quadcode Markets Deposit Methods
Quadcode Markets allows traders to fund accounts seamlessly with multiple instant and low-cost deposit options.
- Credit/Debit Cards: Visa, Mastercard – processed instantly
- Bank Transfer: 1–5 business days depending on bank
- E-Wallets: Skrill, Neteller, PayPal – instant processing
- No deposit fees charged by QCM
Quadcode Markets Withdrawal Methods
Withdrawals at Quadcode Markets are designed to be fast, transparent, and secure, ensuring smooth access to funds.
- Credit/Debit Cards: Refund back to card where possible
- Bank Transfer: 1–5 business days for processing
- E-Wallets: Skrill, Neteller, PayPal – 1–3 business days
- Full KYC verification required before processing
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.
Tradable Markets & Symbols
Quadcode Markets offers an impressive range of Contract for Differences (CFDs) on various instruments.
Available tradable symbols on Quadcode Markets
In the table below, we will have a detailed overview of the offered symbols:
Category | Type of Instruments | Number of Symbols | Competitor Average | Max Leverage |
Forex | CFDs | 56 | 50 - 70 currency pairs | 1:200 |
Indices | CFDs | 12 | 10 - 20 instruments | 1:100 |
Stocks & ETFs | CFDs | 426 | 800 - 1200 | 1:20 |
Commodities | CFDs | 9 | 15 - 30 instruments | 1:50 |
CFDs | 22 | 20 - 30 instruments | 1:2 |
With over 500 CFD instruments available, traders can build a diverse portfolio and take advantage of various market opportunities.
Quadcode Markets Leverage Offerings under ASIC and CySEC Regulations
- 1:30 for major forex pairs
- 1:20 for indices and commodities
- 1:5 for stocks
- 1:2 for cryptocurrencies
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.
Quadcode Markets Awards
Quadcode Markets (QCM) has secured multiple prestigious industry recognitions, including the FinanceFeeds Award for “Most Transparent Broker” and the Most Innovative Trading Platform Australia 2022 by World Business Outlook. These awards highlight QCM’s commitment to transparency, innovation, and delivering a trader-focused experience across global markets.
- FinanceFeeds Award: Recognized for transparency and regulatory compliance
- World Business Outlook 2022: Most Innovative Trading Platform in Australia

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. Support is responsive but often limited to basic queries, with no advanced assistance for platform capabilities or trading strategies. No localized support for other jurisdictions is noted.
Does Quadcode Markets Offer Services to Clients from All Countries?
The broker, while operating internationally, has a list of restricted countries where it does not accept clients. This list includes:
- United States
- Canada
- Belgium
- Japan
- North Korea
- Algeria
- Armenia
- Other countries based on regulatory requirements

It's crucial for potential clients to check their eligibility based on their country of residence before attempting to open an account.
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:

- Quadcode Markets Trustpilot: 4.0/5 (based on +90 reviews) with 56% of the scores being 5-star
- Quadcode Markets 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.
Available Educational Content and Resources
The company provides some educational resources, although they are somewhat limited compared to some competitors:
- Basic trading guides
- Market analysis
- Tutorials on the platform
While these resources can be helpful for beginners, more advanced traders might find the educational content lacking in depth.
Check TradingFinder's Forex education section for additional resources.
Quadcode Markets vs Other Brokers
Let's compare Quadcode Markets' services with other top players in the market:
Parameter | Quadcore Markets Broker | Tickmill Broker | FxGrow Broker | Errante Broker |
Regulation | ASIC, CySEC, SCB | FSA, FCA, CySEC, LFSA, FSCA | CySEC, MiFID, CNMV, MNB, FINANSTILSYNET, ACPR, KNF, BaFin, FI, HCMC | CySEC, FSA |
Minimum Spread | From 0.0001 pips | From 0.0 Pips | From 0.00001 pips | From 0.0 pips |
Commission | $0 | From $0.0 | $8 | From $0.0 |
Minimum Deposit | $50 | $100 | $100 | $50 |
Maximum Leverage | 1:200 | 1:1000 | 1:300 | 1:1000 |
Trading Platforms | Proprietary Platform | Metatrader 4, Metatrader 5, Metatrader Web, Mobile App | MetaTrader 5 | Metatrader 4, Metatrader 5, cTrader, Mobile App |
Account Types | Demo, Live | Classic, Raw | ECN, ECN Plus, ECN VIP, Demo | Standard, Premium, VIP, Tailor Made |
Islamic Account | No | Yes | Yes | Yes |
Number of Tradable Assets | 500+ | 620+ | 120+ | 150+ |
Trade Execution | N/A | Market | Market | Market |
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.