QuickTrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-04-29 12:07

Abstract：QuickTrade is an online CFD trading platform that offers many tradable assets, mainly including commodities, currencies, U.S. equities, and indices. The platform offers 100% FTD Bonus Trading accounts and Islamic Trading Accounts for clients through MetaTrader 5. However, they do not specify any fees for deposits and withdrawals.

QuickTrade Review Summary
Founded	2021
Registered Country/Region	South Africa
Regulation	Suspected Fake Clone
Market Instruments	Commodities, Currencies, US Equities, and Indices
Demo Account	Not Mentioned
Leverage	Not Mentioned
Spread	Starting from 0 pips
Trading Platform	MT5
Min Deposit	Not Mentioned
Customer Support	hello@quicktrade.world
Customer Support	+27 82 908 3332

QuickTrade Information

　　QuickTrade is an online CFD trading platform that offers many tradable assets, mainly including commodities, currencies, U.S. equities, and indices. The platform offers 100% FTD Bonus Trading accounts and Islamic Trading Accounts for clients through MetaTrader 5. However, they do not specify any fees for deposits and withdrawals.

Pros and Cons

Pros	Cons
Supports Meta Trader 5	Suspected Fake Clone
Offers two account types	Limited information on trading fees
Offers multiple assets to trade

Is QuickTrade Legit?

　　QuickTrade once had a Financial Service Corporate license, but it is now in the state of Suspected Fake Clone.

Regulatory Status	Suspected Fake Clone
Regulated by	South Africa
Licensed Institution	The Financial Sector Conduct Authority (FSCA)
Licensed Type	Financial Service Corporate
Licensed Number	45262

What Can I Trade on QuickTrade?

　　QuickTrade offers many tradable assets, mainly including commodities, currencies, U.S. equities, and indices. Although there is no metal trading or bond trading, you still have a good mix of investment options.

Tradable Instruments	Supported
Currencies	✔
Commodities	✔
US Equities	✔
Indices	✔
Bond	❌
Shares	❌
Metals	❌

Account Type

　　QuickTrade offers bonus trading accounts and Islamic trading accounts.

　　100% FTD Bonus Trading account:

　　QuickTrade offers a bonus trading account with a 100% deposit bonus for first-time users. This bonus is typically placed in a separate trading account, allowing traders to potentially increase their trading margin. Note that minimum and maximum deposit amounts may apply, and the bonus itself usually cannot be withdrawn.

Islamic Trading account

　　QuickTrade's Islamic Trading Account is designed for clients who follow Islamic principles by not involving swap or interest charges. Instead, the trading process focuses on profit-sharing mechanisms and ethical compliance with Islamic finance principles.

QuickTrade Fees

　　QuickTrade charges commissions per point for CFD instruments like Brent Crude Oil, Gold, Natural Gas, WTI, Platinum, and Palladium. They also list spreads for similar CFD commodity instruments, including Silver. But the specific number is not mentioned.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	PC and Mobile	Investors of all experience levels

Deposit and Withdrawal

　　QuickTrade offers various funding methods, including bank transfers, card payments (Visa, Mastercard), and several online payment processors like Skrill, OPay, Ozow, and others. However, they do not specify any fees for deposits and withdrawals.