Qube Markets

According to WikiFX data, QBM has an overall score of 6.10 out of 10. The broker holds multiple licenses: an Australian Securities & Investment Commission (ASIC) license (No. 475072) under QUBE MARKETS GROUP AUSTRALIA PTY LTD, a Financial Sector Conduct Authority (FSCA) license (No. 54781) under QUBE MARKETS GROUP (PTY) LTD, an active license from the Anjouan Offshore Finance Authority (AOFA) under Qube Markets Global Fintech Limited, and an active license from the Mauritius Financial Services Commission (FSC) under Qube Markets Group Limited. Regulatory protection varies by legal entity, license status, product, and client jurisdiction. While the ASIC and FSCA licenses represent recognized regulation, the offshore licenses (AOFA, FSC Mauritius) may offer a different level of oversight. No broker can be guaranteed safe or reliable; the information provided should be evaluated alongside personal risk tolerance and due diligence.

Yes, QBM holds several licenses. Under the Forex License tab: ASIC (Australia) with a Regulated status – license number 475072, held by QUBE MARKETS GROUP AUSTRALIA PTY LTD; and FSCA (South Africa) with a Regulated status – license number 54781, held by QUBE MARKETS GROUP (PTY) LTD. Under the Other tab: AOFA (Comoros) with an Active status – license number L16389/QMGFL, held by Qube Markets Global Fintech Limited; and FSC (Mauritius) with an Active status – license number GB26205767, held by Qube Markets Group Limited.

According to WikiFX account data, the minimum deposit for all three account types (ECN, PRO, STD) is indicated as 0.01 (units of the base currency). The exact currency and any minimum deposit requirements for specific payment methods are not further specified.

Yes. WikiFX verification indicates that QBM holds full licenses for both MT4 and MT5, confirming support for both trading platforms.

Pros: 1. Regulated by multiple authorities including ASIC (Australia) and FSCA (South Africa), which are well-known regulators. 2. Low minimum deposit of 0.01, making it accessible for traders with limited capital. 3. Supports both MT4 and MT5 platforms with full licenses. Cons: 1. The broker also holds offshore licenses (AOFA, FSC Mauritius) that may involve less stringent regulatory oversight. 2. WikiFX user exposure records indicate complaints regarding account restrictions and withdrawal difficulties. 3. Maximum leverage of 1:1000 is available, which can significantly increase trading risk.

Yes, WikiFX data includes user complaints. These include reports of account restrictions, difficulty accessing funds, and allegations of unfair trading practices such as account deletion after using scalping strategies. Some users claim the platform blocked withdrawals after requesting a review of trading activity. Complaints should be considered as part of overall due diligence.

Based on the available regulatory information, QBM does not hold a license from U.S. regulators such as the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC). Therefore, it is likely not available to residents of the United States. Users should confirm eligibility directly with the broker.

QBM offers a low minimum deposit of 0.01, which can be appealing for beginners. However, the broker provides high leverage up to 1:1000, which carries significant risk, especially for inexperienced traders. The account types support scalping and EA trading, but there is no clear mention of a demo account. Beginners should carefully assess their risk tolerance and consider starting with lower leverage and a demo environment if available.

According to WikiFX account data, spreads vary by account type: ECN account has a spread of 0, PRO account has 1.2, and STD account has 1.7. No commission structure is explicitly provided. The ECN account offers the lowest spread, while the STD account has a higher spread. Additional fees such as swap rates or inactivity fees are not specified. Traders should review the full fee schedule with the broker.

QBM offers three account types: ECN, PRO, and STD. All accounts support trading in Forex, metals, energies, indices, and cryptocurrencies, with maximum leverage of 1:1000, minimum deposit of 0.01, and allow locking positions, scalping, and EA usage. Differences: ECN account has a spread of 0, PRO account has a spread of 1.2, and STD account has a spread of 1.7. No Islamic account option is available. The specific commission and execution model for each account are not provided.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.