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Quadcode Markets Broker Review 2024

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Quadcode Markets Broker Review 2024
Negative Balance Protection Demo Account
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Quadcode Markets
Founded:-
Min Deposit:$50
Max Leverage:200
Headquarter:Limassol, Cyprus
US Accepted:
About
Quadcode Markets, regulated by CySEC, ASIC, and SCB, has developed a proprietary platform for trading with +100 technical indicators. There are 6 tradable markets [Forex, stocks, indices, crypto, commodities, ETFs] available as CFDs, with spreads starting from 0.0001 pips.
Contact
6 Koutsoventi, Agios Athanasios, 4101 Limassol, Cyprus
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Negative Balance Protection
User-Friendly Proprietary Trading Platform
Demo Account For Practice
Vast Range Of Tradable Instruments
Strong Regulation By Top-Tier Authorities
Cons
Limited Educational Resources
Higher Than Average Spreads Compared To Some Competitors
Quadcode Markets
Quadcode Markets review: Learn everything about this broker in detail

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:

Quadcode Markets sign up button
Click the specified button on the home page to start registration on Quadcode Markets
  • 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?

Quadcode Markets platform
Quadcode Markets trading platform and its features

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:

Quadcode Markets trustpilot
Quadcode Markets has earned a decent score on the Trustpilot website
  • 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.

FAQs

Is Quadcode Markets regulated?

Yes, the broker is regulated by CySEC, ASIC, and SCB.

Does Quadcode Markets offer a demo account?

Yes, this brokerage provides an $10,000 demo account for practice.

What trading platform does Quadcode Markets use?

The broker offers its own proprietary trading platform.

What is the maximum leverage provided by Quadcode Markets?

It provides access to a maximum leverage of 1:200.

Does Quadcode Markets offer any investment options?

No, the broker does not include any features regarding investment programs.

Does Quadcode Markets provide negative balance protection for its clients?

Yes, this feature is offered for the broker's clients.

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