QuoMarkets Spreads, leverage, minimum deposit Revealed

QuoMarkets Information

　　QuoMarkets.com is an investing platform in online trading and provides both beginner and professional traders with access to various opportunities across global financial markets including Forex, Metals, Indices, Energies, Crypto, and Stocks. The broker also provides unlimit leverage and popular MT4 and MT5 platform. The minimum spread is from 0 pips and the minimum deposit starts from $1. QuoMarkets is still risky due to its unregulated status and high leverage.

Pros and Cons

Is QuoMarkets Legit?

　　QuoMarkets is not regulated, making it less safe than a regulated one, even though it claims Quo Global Ltd, a securities dealer firm that is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD140.

What Can I Trade on QuoMarkets?

　　QuoMarkets offers various market instruments, including Forex, Metals, Indices, Energies, Crypto, and Stocks.

Account Type

　　QuoMarkets has four account types: Raw, Standard, Zero, and Limitless. Standard accounts are ideal for traders with all experience levels, raw accounts are for experienced traders seeking ultra-low and stable spreads, zero-accounts are ideal for traders focused on major currency pairs and top assets, free from spread concerns, and Unlimited Account offers traders the advantage of unlimited leverage.

　　In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Swap-Free Account, or Islamic Account, tailored for traders adhering to Islamic principles against interest.

QuoMarkets Fees

　　The spread is as low as 0 pip, the commission is from $0. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is no restrictions that maybe mean irreparable losses.

Trading Platform

　　Traders can conduct financial activities in MT4/MT5 available in Windows, macOS, iOS, Android, and Web through QuoMarkets. Junior traders prefer MT4 over MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.

Deposit and Withdrawal

　　The first account deposit must be $1 or above. QuoMarkets accepts credit/debit cards (Visa, Mastercard), international bank transfers, local bank transfers, online transfers, and cryptocurrencies for deposit and withdrawal. Deposit processing times are instant and associated fees are free, and withdrawal processing times are up to 1 day and associated fees are also free.

　　Withdrawal requests will be processed within 24 hours. However, the arrival of funds varies depending on your chosen withdrawal method. For E-Wallets, Crypto-Wallets, and local bank transfers, clients will receive their funds on the same day. Bank wire transfers or withdrawals to credit/debit cards usually take 3-14 business days.

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