General Information
Registered in the United States, Quantum Trade is an online trading broker providing access to a series of trading instruments, including Forex, Index CFDs, Shares, Commodities, Currency Index CFDs. With the Quantum Trade platform, investors are given the flexibility of choosing from two types of trading accounts, Standard and Pro accounts, with the minimum deposit to open an account starting at $50.
Quantum Trade is the trading name of QE Trade Limited, a company under no valid regulation, and thats why WikiFX has given it a very low score of 1.37/10.
Instruments Markets
Five classes of trading assets can be traded with the Quantum Trade platform, covering Forex, Index CFDs, Shares, Commodities, Currency Index CFDs.
Account Types
Two types of trading accounts are available on the Quantum Trade platform: Standard and Razor accounts. However, the minimum deposit required by each account is not disclosed.
Spreads
Spreads and commissions are determined by trading accounts. Standard accounts provide a zero-commission trading environment, with spreads starting at 0.6 pips. Razor accounts provides competitive spreads starting from 0.0 pips, with a commission from AUD$7 round turn per standard lot.
Leverage
When it comes to leverage, Quantum Trade provides its customers with access to 1:500, which is greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.
Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.
Trading Platform
Quantum Trade offers the industry leading MT4 trading platform, which is available on Desktop, PC and Tablet devices.
Deposits & Withdrawals
The minimum deposit is not disclosed, and Quantum Trade supports clients to make deposits and withdrawals through multiple payment methods, including VISA, MasterCard, POLI, Bank Transfer, Bpay, PayPal, Neteller, Skrill, as well as Union Pay.
Withdrawal forms received after 21:00 (GMT) will be processed the following day. If these are received before 07:00 (AEST), they will be processed on the same day.
Customer Support
Clients with any inquiry or trading-related issues can get in touch with Quantum Trade through the following contact channels:
Telephone: (509) 314-2363
Email: admin@quantumtradepro.com
Company Address: 121 Fortwilliam Park, Belfast, BT15 4AS, United Kingdom
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Pros & Cons
Frequently Asked Questions
What trading instruments can I trade with on Quantum Trade？
Quantum Trade offers access to Currency Pairs, Commodities, and US Stock.
What types of trading accounts are offered by Quantum Trade？
Two types of trading accounts are offered by Quantum Trade: Standard and Razor.
What is the maximum leverage available？
The maximum trading leverage that is available on the Quantum Trade platform is up to 1:500.
How is commission calculated？
Commissions are charged on standard lots traded. So if you trade0.1 lot of a lot, the commission is 10% of a standard lot. If you trade 0.01, its 1%.
2023-02-21 16:35
2022-12-09 17:02
