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Quadcode Markets

4.7
Total score

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CFD broker Quadcode Markets is registered in Sydney (Australia) in 2021 and is a subsidiary of Quad Code AU LTD. The broker is regulated by the Australian Securities and Investments Commission (ASIC), which ensures a high level of reliability and transparency of its activities.

Quadcode Markets offers its clients one type of trading account with attractive terms and conditions. The range of financial instruments includes only CFDs, with the total number of assets exceeding 300. Clients are provided with leverage of 1:30, and the minimum deposit is only 50 dollars.

There are no trading commissions, and spreads are floating, averaging around 0.15 points, with a maximum of up to 1.3 points. There are no fees for withdrawals, but there is a $10 inactivity fee that is assessed after 90 days of inactivity. Swap fees are also competitive.

Funds are deposited instantly, and withdrawal – within 3-5 days to a bank card, as well as through Neteller and Skrill payment systems. Trading is carried out through the broker’s own terminal, which is available in desktop and mobile versions.

Quadcode Markets provides a high level of security by applying KYC verification and SSL protocols. Client funds are kept in separate accounts from the broker’s funds. The platform does not offer investment solutions and has no referral program.

  • Account currency

    USD, EUR, AUD, GBP

  • Minimum deposit

    50 dollars

  • Leverage

    Up to 1:30, depending on the asset

  • Spread

    1.3 points

  • Instruments

    CFDs on currency pairs, indices, shares, precious metals and other assets

  • Margin call / Stop out

    no data

Pros

  • Universal trading conditions: Quadcode Markets offers one type of account that is equally convenient for both beginners and experienced traders.
  • Freedom in the choice of trading strategies: The broker does not impose restrictions on the trading strategies used. Clients are free to scalp, hedge and use trading advisors.
  • Favorable financial conditions: Leverage up to 1:30, narrow competitive spreads and no trading commissions make trading conditions attractive and transparent.
  • Wide range of assets: Quadcode Markets offers more than 300 assets, including CFDs on currency pairs, commodities, precious metals, stocks and other financial instruments.
  • Proprietary trading terminal: The broker's trading platform is rated by experts and traders as simple, reliable and functional.
  • Technical analysis: The broker provides more than 100 integrated technical analysis tools, including various indicators, which greatly simplifies trading decisions.
  • Round-the-clock customer support: The Company provides round-the-clock customer support, including weekends. Communication is carried out by e-mail and via myAlpari, which allows for prompt resolution of any issues that may arise.

Minuses

  • Limited range of financial instruments: The Company offers only contracts for difference (CFDs), which may not meet the requirements of investors interested in a wider range of financial products.
  • Lack of passive earning opportunities: Clients of the broker do not have the opportunity to earn passively, as no investment solutions or referral programs are provided, which may reduce the attractiveness of the platform for a certain category of investors.
  • Limited technical support channels: While technical support responds quickly and is available around the clock, it is only through email and My Account, which can be inconvenient for customers who prefer other forms of communication such as phone calls or online chats.

Customer geography

  • Australia
    56%
  • Others
    44%

Expert evaluation

Sarah Miller
Financial analyst, expert

Quadcode Markets broker, which has been operating for two years, is a project of Quad code AU LTD. Registered in Sydney and licensed by ASIC, the broker demonstrates high reliability, confirmed by successful technical security tests of its platform.

Quadcode Markets’ in-house developed trading terminal stands out for its speed, clear interface and wide range of features, including a variety of charts, calculators, calendars and indicators. Users rate it as intuitive and functional, which puts it on par with leading competitors.

The range of assets includes CFDs on currencies, stocks, indices and precious metals. Trading is not limited: copying trades, using bots and advisors are available. Funds are deposited instantly and withdrawal takes 3 to 5 business days, which is in line with industry standards. Clients can use cards or online payment systems for financial transactions.

With no trading or withdrawal fees, Quadcode Markets offers some of the most competitive terms on the market. The average spread for currency pairs is around 0.15 pips, with a maximum of up to 1.3 pips. The lack of a call center and limited communication channels (email and chat in myAlpari) are potential disadvantages, which are compensated for by 24/7 support availability.

Despite the lack of passive earning opportunities such as referral programs, Quadcode Markets remains an attractive platform due to its advanced functionality and favorable trading conditions.

Analysis

4.7
Overall score
4.49
Order execution
4.91
Investment instruments
4.55
Withdrawal speed
4.85
Customer support performance
4.33
Number of instruments
5.07
Trading platform
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Trading condition

Unlike many brokers who offer different types of accounts with different minimum deposit amounts, Quadcode Markets simplifies the choice for its clients by providing a single universal account. A minimum deposit of $50 is required to open such an account.

Leverage in Quadcode Markets varies depending on the selected asset, ranging from 1:5 to 1:20, while for currency pairs the maximum leverage can reach 1:30. This gives traders the flexibility to choose the degree of risk and potential profitability of their operations.

Quadcode Markets technical support is available to clients at any time. You can use email or contact support directly through the support center in myAlpari, which guarantees prompt resolution of any issues that arise.

  • Trading platform

    Quadcode Markets

  • Accounts

    Demo and standard

  • Account currency

    USD, EUR, AUD, GBP

  • Deposit/withdrawal

    VISA and MasterCard cards, Neteller and Skrill transfer systems

  • Minimum deposit

    50 dollars

  • Leverage

    Up to 1:30, depending on the asset

  • PAMM accounts

    no

  • Minimum order

    0.01

  • Spread

    1.3 points

  • Instruments

    Currency pairs, indices and stocks, precious metals, commodities trading

  • Margin call / Stop out

    no data

  • Liquidity provider

    no data

  • Mobile trading

    yes

  • Affiliate program

    no

  • Order execution

    no data

  • Trading features

    One real account, no trading commissions and withdrawal fees, proprietary trading terminal with a large number of options and technical tools, intuitive interface, no trading restrictions, no passive income options

  • Contests and bonuses

    no

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Commissions

Most brokerage companies follow the standard model of commission policy, according to which traders pay a spread for each trade and often face additional trading fees. However, Quadcode Markets stands out from this background: the company does not charge trading commissions, leaving the spread as the only trading cost for its clients.

In addition, Quadcode Markets does not set its own withdrawal fees, which increases the transparency of financial transactions. It is important to note that while there are no brokerage fees, there may be fees from third parties such as banks or payment processors involved in the withdrawal process.

Quadcode Markets’ simple and straightforward commission policy ensures that traders have a clear understanding of their financial obligations. The company’s clients never face unexpected disappearance of funds from their accounts and always know exactly how much they will receive upon withdrawal, thanks to the absence of hidden fees. This transparent approach to financial transactions is a significant advantage of Quadcode Markets over other brokers, who cannot always boast of such simplicity and clarity in commission policy.

Account type
Spread / commission
Withdrawal fee
Standard
0.6 points
No

Broker Overview

Quadcode Markets provides a unique opportunity to create a universal investment portfolio through CFDs suitable for various market strategies. The platform is equipped with advanced risk management tools, including stop loss, take profit and negative balance protection, as well as the ability to customize alerts and notifications via myAlpari.

Quadcode Markets proprietary trading platform is not inferior to classic solutions and in many aspects surpasses them thanks to the integration of more than 100 technical analysis tools, including various indicators. A demo account with 10 thousand virtual dollars is available for new users, which allows them to evaluate trading conditions and try out various strategies without risk.

The trading terminal is available on various devices, including iOS and Android, as well as on personal computers with Windows or Mac operating systems. The registration process on the platform takes only a couple of minutes, and verification takes from one to three days. A video lesson on working with the broker is provided for training new users.

Quadcode Markets in figures:

  • The minimum deposit is 50 dollars.
  • More than 300 financial instruments are available for trading.
  • The maximum leverage reaches 1:30.
  • The spread on currencies can reach 1.3 points.
  • The broker does not charge any trading commissions.

CFDs are a popular financial instrument that allows traders to capitalize on price fluctuations of various assets, from currency pairs to precious metals and energy. The Quadcode Markets platform supports this trend by offering a wide range of CFDs, which makes it possible to form a diversified portfolio.

Quadcode Markets terminal is equipped with all necessary functionalities:

  • Supports a variety of charts including tick, line, candlestick and bar charts.
  • Over 30 technical indicators such as MACD.
  • Comprehensive risk management options to help minimize losses and automate trading.

How to start trading on the market? The first step is to choose the right type of account that will suit your trading preferences and strategies. Quadcode Markets makes it easy in this aspect by offering two types of accounts: demo and live.

A demo account allows traders to practice without risks. On it, you will receive 10 thousand virtual dollars and access to all the same assets that are available on a live account, including 300 different CFDs. This is an ideal option for beginner traders who can study the platform, practice and hone their strategies. It is important to note that the quotes on the demo account are real, although virtual funds are traded.

The real account offers the following terms and conditions:

  • Minimum deposit: 50 US dollars.
  • Spread: varies from 0.15 to 1.3 points.
  • Leverage: up to 1:30, depending on the asset selected.
  • Available assets: Over 300 CFDs, including currency pairs, stocks, indices and precious metals.
  • Trading platform: Traders trade through the broker’s own terminal, without any restrictions. There are no commissions for transactions and withdrawal of funds.

To start using a demo account, it is enough to pass a simple registration. To activate a live account, it is necessary to pass the verification procedure and make a deposit of at least 50 dollars. This allows traders to trade with maximum comfort using favorable trading conditions provided by Quadcode Markets.

Withdrawal of funds

On a Quadcode Markets demo account, traders work with virtual currency, which allows them to familiarize themselves with the trading process without the risk of real losses. However, real profits can only be earned on a real account, where trading is conducted with the client’s own funds.

Traders can apply for withdrawal of funds at any time through myAlpari. Withdrawal is available to MC or Visa cards, as well as through Skrill and Neteller payment systems. If there are any questions, for example, regarding the minimum withdrawal amount, traders can ask for help from the support service.

Quadcode Markets does not charge a withdrawal fee, but it is worth considering possible commissions from third parties involved in the transaction process. The withdrawal process usually takes 3 to 5 business days, which is in line with market standards.

Quadcode Markets Support

An efficient support team is a critical aspect for any broker, as traders may encounter various questions and issues that require prompt resolution. Quadcode Markets provides access to the support team through email and myAlpari. Support works around the clock, providing uninterrupted assistance to traders at any time. This prevents possible customer frustration and helps to keep clients on the platform through fast and competent assistance.

Advantages

  • Simplified account selection: Quadcode Markets eliminates the need to choose between different account types by offering a single universal account with optimal trading conditions, making it much easier for new traders to get started.
  • Trading flexibility: Traders can trade according to their style and preferences by applying various strategies including scalping, hedging, and the use of automated bots and advisors without restrictions.
  • Transparency of conditions: All trading conditions, including fees and commissions, are known to the trader in advance. The broker provides full transparency without charging commissions for trading operations and withdrawal of funds.
  • Personalizable trading terminal: The Quadcode Markets trading terminal provides a wide range of features and settings that can be tailored to each user's individual needs, enhancing the trading experience.
  • Reliable technical support: The broker's support service is available 24 hours a day, 7 days a week, providing assistance via e-mail and in myAlpari, which guarantees prompt resolution of any questions or problems.
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Quadcode Markets personal account overview

To start working with Quadcode Markets broker, the first thing you need to do is to create a personal account on the official website, go through the verification procedure, make a deposit and open a live account. Below is a detailed algorithm of actions for your convenience at each stage of registration.

  1. Create an account: Go to the official website of the broker and click on the “Open an account” button located at the top right corner of the screen.
  2. Registration: Enter your personal details such as your name and email address, or use the option to register through the social networking site Facebook.
  3. Verification: Follow the on-screen instructions and upload photos or scans of documents to prove your identity.
  4. Waiting for confirmation: After submitting your documents, wait for the verification process to complete. During this time you can familiarize yourself with the functions of myAlpari, but the functionality of opening a live account will not be available.
  5. Opening a live account: Once your documents have been verified and confirmed, you will be notified and you can open a live account.
  6. Deposit: Log in to myAlpari and select the “Deposit” tab located in the upper right corner. Then enter the necessary details to deposit funds.
  7. Start trading : After depositing your account, start trading through the broker’s trading terminal using all available features of the platform.

Features of Quadcode Markets Personal Cabinet:

  • Portfolio: Manage your investment portfolio and monitor your account status.
  • Trade History: View all your trades with detailed information about each trade.
  • Chat & Support: Get help from the broker’s managers directly through the built-in chat.
  • Leaderboard: Check out the rating of the best traders for a certain period.
  • Market analytics: Follow the latest market news and expert commentaries.
  • Video training: Study guides on the main functions of the trading terminal.
  • Additional settings and tools: Use the additional tabs to customize and technically configure the platform.

This step-by-step guide will help you start trading with Quadcode Markets with confidence.

Answers to questions

  • How to register on the Quadcode Markets platform?

  • What types of accounts are available at Quadcod Markets?

  • What deposit methods are available at Quadcode Markets?

  • How long does it take to withdraw funds from Quadcode Markets?

  • How to contact Qadcode Markets support?

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