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Score

1.36 /10
Danger

QuoMarkets

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://quomarkets.com

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Score

Regulatory Index0.00

Business Index5.86

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

Danger

SC FSA
2024-08-29
Alert: Unauthorized use of websites (the “unlawful website”)
QuoMarkets

Broker Information

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Company Name

DVenture Markets Limited

Company Abbreviation

QuoMarkets

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-03-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

QuoMarkets · Company summary
QuoMarkets Review Summary
Founded2022-10-25
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex/Metals/Indices/Energies/Crypto/Stocks
Demo Account✅
LeverageUnlimit
SpreadAs low as 0 pip
Trading PlatformMT4/MT5(Desktop(Windows/Mac/Supercharts)/Mobile(Android/iOS/Supercharts))
Min Deposit$1
Customer SupportEmail: support@quomarkets.com, support@tqgbltd.com
Phone: +35725123894
Twitter/LinkedIn/Instagram/Facebook/TikTok/YouTube
Live chat

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.

QuoMarkets Information

Pros and Cons

Pros Cons
MT4/MT5 availableUnregulated
Spread as low as 0.1 pipNo 24/7 customer support
Demo account availableHigh max leverage
Various tradable instruments

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.

Is QuoMarkets Legit?
Is QuoMarkets Legit?

What Can I Trade on QuoMarkets?

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

Tradable Instruments Supported
Forex✔
Indices✔
Energies✔
Stocks✔
Crypto✔
Metals✔
Shares❌
Commodities❌
ETFs❌
Bonds❌
Mutual Funds❌

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.

Account Type RawStandardZeroLimitless
Maximum LeverageUp to 1:1000Up to 1:1000Up to 1:2000Limitless
Swap freeBy RequestBy RequestBy RequestBy Request
Spread on all majorsAs low as 0.1 pipAs low as 0.4 pipZERO “O” in major Pairs up to 97% of the dayAs low as 0.6 pip
Commission$3 per side$0$4 per side$0
Minimum Deposit$1$1$1$1

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.

Trading PlatformSupported Available Devices Suitable for
MT5✔Windows, macOS, iOS, Android, WebExperienced traders
MT4✔Windows, macOS, iOS, Android, WebJunior traders
Trading Platform
Trading Platform

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.

Deposit:

Funding OptionProcessing TimeFeesMin AmountMax Deposit
Visa/MasterCardInstantFree10 USD$10000 per day
Bank TransferInstantFree10 USD$50000 per day
NetellerInstantFree10 USD$10000 per day
SkrillInstantFree10 USD$10000 per day
DragonpayInstantFree10 USD$50000 per day
FasapayInstantFree10 USD$50000 per day

Withdrawal:

Funding OptionProcessing TimeFeesMin AmountMax Deposit
Visa/MasterCard1 DayFree10 USD$100000 per day
Bank TransferA few minutes-3 hoursFree10 USD$100000 per day
BitcoinDepends on BlockchainFree10 USD$100000 per day
USDT- ETHDepends on BlockchainFree10 USD$100000 per day
EthereumDepends on BlockchainFree10 USD$100000 per day
USDT- TRXDepends on BlockchainFree10 USD$100000 per day
DragonpayA few minutes-3 hoursFree10 USD$100000 per day
FasapayA few minutes-3 hoursFree10 USD$100000 per day

News

ExposureWikiFX Broker Assessment Series | QuoMarkets: Is It Trustworthy?

In this article, we will conduct a comprehensive examination of QuoMarkets, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.

WikiFX
2024-03-25 17:47
WikiFX Broker Assessment Series | QuoMarkets: Is It Trustworthy?
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ELZFX
more than one year
Absolute scam, hands off, take a look at their headquarters and check out the google reviews.
Absolute scam, hands off, take a look at their headquarters and check out the google reviews.
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2024-01-19 01:06
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Paluszkiewicz M.
more than one year
Great service. The QuoMarkets platform is very easy to use plus also available on supercharts which is great. Provide great customer service Deposits/Withdrawals are quick and easy
Great service. The QuoMarkets platform is very easy to use plus also available on supercharts which is great. Provide great customer service Deposits/Withdrawals are quick and easy
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2023-10-31 20:08
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