Quadcode Markets: Trustworthy or Risky?

Quadcode Markets is a regulated trading platform based in Australia, operating under the company name Quad Code AU Ltd. It has been regulated by the Australia Securities & Investment Commission (ASIC) since December 15, 2008, with license number 327075. The platform offers various financial instruments for trading, including Stocks (CFD), Forex (CFD), Crypto (CFD), Commodities (CFD), and Indices (CFD).

Is Quadcode Markets Legit?

Quadcode Markets is regulated by the Australia Securities & Investment Commission (ASIC) with license number 327075. The company, QUAD CODE AU LTD, has been regulated by ASIC since December 15, 2008, and is licensed for market-making (MM) activities. Their contact information is available on their website, www.quadcodemarkets.com, and their address is Suite 1002 Level 10, 53 Walker Street NORTH SYDNEY NSW 2060. Quadcode Markets' regulatory status is currently active and compliant with ASIC regulations.

Market Instruments

Stocks (CFD): Traders can engage in CFD trading on a variety of stocks, including AMC Entertainment Holdings, Tesla, McDonald's Corporation, Amazon.com, Canopy Growth Corporation, and Telecom Italia S.p.A.

Forex (CFD): The platform provides access to the Forex market with pairs like EUR/USD, USD/JPY, AUD/USD, EUR/JPY, GBP/USD, and GBP/JPY available for trading.

Crypto (CFD): For those interested in cryptocurrencies, Quadcode Markets offers CFD trading on assets like Bitcoin, Dash, Cardano, EOS, OmiseGo, and Bitcoin Cash.

Commodities (CFD): Traders can explore opportunities in the commodity market by trading CFDs on assets such as Crude Oil WTI, Corn, Gold, Crude Oil Brent, Natural Gas, and Wheat.

Indices (CFD): The platform provides access to a selection of indices, including US 100, US 500, US 2000, JP 225, US 30, and GER 30, offering traders a diverse range of options to suit their investment strategies.

Account Types

Quadcode Markets offers a single account type to its clients, simplifying the trading experience.

Deposit & Withdrawal

Quadcode allows you to deposit and withdraw funds using Visa, Mastercard, Neteller, Skrill, and bank transfer. The minimum deposit is $25, and the minimum withdrawal is $40 for bank transfers and card refunds, $10 for Neteller, and $2 for Skrill. The processing time for bank transfers is up to 3 business days, and it is instantly for e-wallets.

Trading Platforms

Quadcode offers multiple trading platform options, including desktop apps for Windows and macOS, as well as a web-based platform accessible via a browser. They also provide mobile apps for trading, available for download by scanning a QR code.

Leverage

Quadcode offers varying leverage ratios for different asset classes, providing traders with the ability to amplify their positions. With leverage ratios of 1:5 for stocks, 1:30 for forex, 1:2 for cryptocurrencies, 1:20 for commodities, and 1:20 for indices

Spreads & Commissions

Quadcode offers low spreads across a range of trading instruments, with spreads starting as low as 0.0001 pips.

Customer Support

Quadcode Markets, operated by QUAD CODE AU LTD in Australia, provides customer support through various channels. You can reach them at Suite 23.03, Level 23, 259 George Street, Sydney, NSW 2000, or contact them via email at support.au@quadcodemarkets.com. Additionally, they are active on social media platforms like Facebook, Instagram, YouTube, Twitter, and LinkedIn, where you can connect and seek assistance.

Conclusion

In conclusion, Quadcode Markets, operating as QUAD CODE AU LTD in Australia, is a regulated trading platform that offers a range of market instruments, including stocks, forex, cryptocurrencies, commodities, and indices. They provide a single account type and offer varying leverage ratios for asset classes. The platform boasts low spreads and flexible withdrawal policies, with fees applicable to certain conditions. Deposits and withdrawals can be made through various methods, and multiple trading platforms are available for users. Quadcode Markets also offers customer support through various channels. However, potential investors need to conduct their due diligence and research before engaging in any trading activities on this platform.