Quadcode Markets Broker Review 2024

Quadcode Markets is a CFD broker regulated by high-tier financial authorities, including ASIC and CySEC. This company offers a proprietary trading platform with benefits such as 100+ popular indicators.

Also, Quadcode Markets broker offers negative balance protection, preventing its clients from incurring unexpected losses. If you are interested in this brokerage, read this comprehensive review.

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:

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 to 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:

• Android
• iOS

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 it should be considered for 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 resources 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), with 56% of the scores being 5-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 seems to be a solid and reliable broker with CySEC and ASIC as its regulators. Also, it has earned high trust scores on reputable websites and resources.

However, the spreads and commissions on this broker are above-average compared to other companies, and it's more focused on offering stock trading services.

In conclusion, if you want a secure and trustworthy brokerage, Quadcode Markets might be a good option for you, but keep its disadvantages in mind.