Home -

Main body -

WikiFX Express

Exness

QF Markets

WikiFX | 2024-10-29 13:49

Abstract：QF Markets is a broker registered in the Marshall Islands in 2022. QF Markets provides five types of trading instruments through the MetaTrader 5 platform, with a minimum deposit requirement of $5 and leverage reaching up to 1:2000. In addition, the company does not offer its services to residents of the United States, Canada, Syria, North Korea, and Iran. Most importantly, this broker operates without legitimate regulation and possesses only a cloned license.

QF Markets Review Summary
Founded	2022
Registered Country/Region	Marshall Islands
Regulation	FSCA (Suspicious clone)
Market Instruments	Forex, Commodities, Indices, Cryptocurrencies, Shares
Demo Account	✔
Trading Platform	MT5
Leverage	Up to 1:2000
Spread	From 1.5 pips (Standard account)
Min Deposit	$5
Customer Support	Emaill: support@qfmarkets.com
	Live Chat: 7/24
	Instagram: https://www.instagram.com/qfmarkets_global/
	Physical Address: 59, Agiou Athanasiou, 4102, Limassol
Region Restrictions	US, Canada, Syria, North Korea and Iran

QF Markets is a broker registered in the Marshall Islands in 2022. QF Markets provides five types of trading instruments through the MetaTrader 5 platform, with a minimum deposit requirement of $5 and leverage reaching up to 1:2000. In addition, the company does not offer its services to residents of the United States, Canada, Syria, North Korea, and Iran. Most importantly, this broker operates without legitimate regulation and possesses only a cloned license.

Pros and Cons

Pros	Cons
Multiple account types	No info on fees
Comprehensive customer service	Regional restrictions
Multiple trading choices	Suspicious clone FSCA license
Demo accounts
MT5 support

Is QF Markets Legit?

QF Markets lacks legal regulation and its license is a suspicious clone. The license, which bears the number 46087 and was issued by the Financial Sector Conduct Authority (FSCA) in South Africa, actually belongs to AFN FINANCIAL SERVICES (PTY) LTD. This does not match the name of QF Markets. Consequently, it is confirmed to be a cloned license, and you should not place your trust in it.

Regulatory Status	Suspicious Clone
Regulated by	Financial Sector Conduct Authority (FSCA)
Licensed Institution	AFN FINANCIAL SERVICES (PTY) LTD
Licensed Type	Financial Service Corporate
Licensed Number	46087

What Can I Trade on QF Markets?

QF Markets offers five types of trading instruments, and below is the specific information on each:

Forex: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD...

Cryptocurrencies: BTCUSD, DASHUSD, ETHUSD, EOSUSD, IOTAUSD...

Shares: ALIBABA, AMAZON, APPLE, АT&T, BNK-AMER...

Commodities: XAUUSD, XAGUSD, XPTUSD, UKOIL, USOIL...

Indices: U30USD, NASUSD, SPXUSD, 100GBP...

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Stocks	✔
Futures	❌
Bonds	❌
Options	❌

Account Type/Fees

QF Markets offers four types of accounts: Cent, Standard, Premium, and Raw Spread, each with varying minimum deposits ranging from $ 5 to $500. Additionally, the Cent, Standard, and Premium accounts include a swap-free Islamic account option, while the Raw Spread account does not.

Account Type	Cent Account	Standard	Premium	Raw Spread
Min Deposit	USD 5	USD 5	USD 250	USD 500
Max Leverage	1:2000	1:2000	1:2000	1:2000
Spread	From 1.8 pips	From 1.5 pips	From 1 pip	From 0 pips
Swap-free Islamic Account Option	✔	✔	✔	❌
0% Fees on Deposits & Withdrawals	❌	✔	✔	✔

Leverage

QF Markets offers dynamic leverage based on the trading tool types and trading lots chosen, with a maximum leverage that can reach up to 1:2000. This extremely high leverage level entails significant risks, and you should exercise caution as the broker lacks legal regulation.

Trading platform

QF Markets supports trading through the MetaTrader 5 (MT5) platform, which offers advanced trading robots and real-time copying of trading signals, making it a great option for sophisticated automated trading. In addition to desktop, mobile phone, and Pad versions, the platform is also accessible via the web.

Trading Platform	Supported	Available Devices	Suitable for
MT4	❌	/	Beginners
MT5	✔	Computer, phone and Pad	Experienced traders
cTrader	❌	/	Experienced traders

Deposit and Withdrawal

QF Markets supports deposits through LetKnow, Help2Pay, Local Payments Solutions, and other preferential methods. However, the withdrawal method is not specifically mentioned. It is worth noting that the broker does not charge any fees for deposits and withdrawals, except for the Cent account.

Broker Dealer

Related broker

Unverified

QF Markets

Company name：Quality FX (Pty) Ltd

Score

1.30

Website：https://qfmarkets.com

2-5 years | Suspicious Regulatory License | Suspicious biz area | Suspicious Overrun

Score

1.30

Top 6 Shocking Truths Behind Pocket Option – Avoid this Trap

Before You Invest, Read This Important Article About Pocket Option. Protect Your Money from Scam! This article exposes 6 hidden truths about the broker that you need to know before making any investment.

Original 2025-07-22 20:53

Investors Call Growline a FRAUD Broker - Check Out Their Comments

Dreamt of massive returns on your forex investments through Growline but didn’t receive profit withdrawals? You are not alone! In this article, you will get to know about the problems faced by its investors. Read out their comments and share your reviews on our platform. We will highlight your issue.

Original 2025-07-22 20:38

Exposing Profit Trade: Profit Only Exists in Its Name, Not During Trade

If there was ever a forex scammer to be alert of, Profit Trade emerges as the first one. The Bulgaria-based forex broker has been annoying investors by denying their withdrawal requests, suspending their account without any reason, and unfulfilled promises.

Original 2025-07-22 19:10

Think Twice Before Choosing UC Markets –Know the Risks

Forex trading has become increasingly complex and risky, especially for newcomers. While the foreign exchange market still offers legitimate opportunities for traders and investors, but investment scams have now become common. Fake brokers are widespread, and spotting them can be extremely difficult . The only way to safeguard your capital is to stay informed and alert. In this article, we’ll break down the red flags of UCMarkets and explain why you should avoid it .

Original 2025-07-22 18:51