QuantumTrade

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

QuantumTrade is allegedly a forex broker registered in Austria that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:400 and floating spreads from 0.2 pips on the web-based trading platform via six different live account types, as well as 24/5 customer support service. Here is the home page of this brokers official site:

As for regulation, it has been verified that QuantumTrade currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.10/10. Please be aware of the risk.

Market Instruments

QuantumTrade advertises that it offers access to 150+ trading instruments in financial markets, including forex, stocks, indices, cryptocurrencies and commodities.

Account Types

QuantumTrade claims to offer six types of trading accounts, namely Basic, Standard, Silver, Gold, VIP and Pro, with the minimum initial deposit requirement of $250, $1,000, $5,000, $25,000, $100,000 and $250,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Leverage

The specified leverage for different account types at QuantumTrade varies between 1:200 and 1:400. Clients on the Basic, Standard, Silver and Gold accounts can experience leverage of 1:200, and the VIP and Pro accounts can enjoy a higher leverage of 1:300 and 1:400 separately. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads

QuantumTrade claims to offer spreads from 0.2 pips.

Trading Platform Available

Instead of the world's most advanced and popularly-used MT4 and MT5 platforms, QuantumTrade gives traders a web-based trading platform. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.

Customer Support

QuantumTrade‘s customer support can be reached by email: support@quantumtrade.io or send messages online to get in touch. Company address: Kärntner Str. 394, 8054 Graz, Austria. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.

Pros & Cons

Frequently Asked Questions (FAQs)