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QSQ Markets

Dominic|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.qsqmarkets.com/

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https://www.qsqmarkets.com/

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Company Name

QSQ Markets LTD

Company Abbreviation

QSQ Markets

Platform registered country and region

Dominic

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Warning: Low score, please stay away!
Previous Detection : 2024-02-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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QSQ Markets · Company Summary

Aspect Information
Company Name QSQ Markets
Registered Country/Area Dominic
Founded Year 2022
Regulation Unregulated
Minimum Deposit $100
Market Instruments Forex,Commodities,Indices,Stocks,Cryptocurrencies
Account Types Standard account,pro account,elite account
Leverage Up to 1:400
Spreads&commissions Spreads:0pip-1.5pip,commissions:0-$3
Trading Platforms QSQ Trader,Meta4,Meta5
Demo Account Available
Customer Support Online chat
Deposit & Withdrawal Credit/debit card,Skrill,NETELLER
Educational Resource Introducing brokers

Overview of QSQ Markets

QSQ Markets, established in 2022 in Dominic and operating as an unregulated financial service provider, offers a range of trading options including Forex, commodities, indices, stocks, and cryptocurrencies.

For diverse trading needs, QSQ Markets features three account types: Standard, Pro, and Elite, with a minimum deposit requirement of $100 and leverage up to 1:400. Their competitive spreads range from 0 to 1.5 pips, and commissions vary between $0 to $3.

The company provides two trading platforms, QSQ Trader and QSQ Meta4, and also offers a demo account for practice trading. Customer support is accessible via online chat.

For transactions, QSQ Markets supports credit/debit cards, Skrill, and NETELLER. Their educational resources are focused on introducing brokers, aiming to enhance the trading knowledge of their clients.

Overview of QSQ Markets

Is QSQ Markets Limited Legit or a Scam?

QSQ Markets operates as an unregulated financial service provider, having been established in 2022 in the Dominic region. The lack of regulatory oversight means that QSQ Markets is not bound by the stringent rules and standards typically enforced by financial regulatory authorities.

This status can be a significant consideration for potential clients, as it implies that the company may not offer the same level of client fund protection, ethical trading practices, and operational transparency that regulated entities are required to maintain.

Clients should be aware of these aspects and carefully consider the potential risks associated with engaging in financial activities with an unregulated broker.

Pros and Cons

Pros Cons
Diverse Market Instruments Unregulated
Multiple Account Types New Entrant in the Market
Competitive Spreads and Commissions Limited Customer Support Options
High Leverage Options Geographical Limitations
Advanced Trading Platforms Educational Resources Primarily for Introducing Brokers

Pros of QSQ Markets:

  1. Diverse Market Instruments: QSQ Markets offers a wide range of trading options including Forex, commodities, indices, stocks, and cryptocurrencies, offering a variety of trading interests and strategies.

  2. Multiple Account Types: With Standard, Pro, and Elite accounts, traders have the flexibility to choose an account that best suits their trading style and experience level.

  3. Competitive Spreads and Commissions: QSQ Markets offers spreads ranging from 0 to 1.5 pips and commissions between $0 to $3, providing cost-effective trading conditions for traders.

  4. High Leverage Options: The leverage of up to 1:400 allows traders to control larger positions with a smaller amount of capital, potentially increasing profit opportunities.

  5. Advanced Trading Platforms: Offering QSQ Trader and QSQ Meta4 platforms, the company provides advanced tools and resources for a comprehensive trading experience.

Cons of QSQ Markets:

  1. Unregulated: The absence of regulation for QSQ Markets means less oversight and potential risks regarding fund safety and fair trading practices.

  2. New Entrant in the Market: Being founded in 2022, QSQ Markets is relatively new, which might raise concerns about its market experience and stability.

  3. Limited Customer Support Options: The customer support is limited to online chat, which might not suffice for complex issues or immediate assistance.

  4. Geographical Limitations: Being based in Dominic and unregulated could restrict the company's services in certain jurisdictions, potentially limiting access for some traders.

  5. Educational Resources Primarily for Introducing Brokers: Their focus on educational resources for introducing brokers may not fully address the needs of individual traders, especially beginners looking for broader educational support.

Market Instruments

QSQ Markets provides its clients with a diverse array of market instruments, offering a wide range of trading preferences and strategies. These instruments include:

  1. Forex: Traders at QSQ Markets have access to the foreign exchange market, offering the opportunity to trade a variety of currency pairs, including major, minor, and exotic pairs.

  2. Commodities: The platform allows trading in different commodities, which may include precious metals like gold and silver, energy commodities like oil, and possibly agricultural products.

  3. Indices: QSQ Markets also provides options to trade on major global indices, enabling traders to speculate on the performance of a basket of top companies from specific sectors or regions.

  4. Stocks: For those interested in the equity market, QSQ Markets offers trading in stocks, allowing traders to invest in shares of various companies.

  5. Cryptocurrencies: Satisfied the modern trader's interests, the platform includes options for trading in cryptocurrencies, a market known for its high volatility and potential for significant returns.

Market Instruments

Account Types

QSQ Markets offers three distinct account types, each designed to cater to different levels of trading experience and investment capabilities:

  1. Standard Account: This account is suitable for beginners or those new to trading, with an initial deposit requirement of $100. It offers spreads starting from 1.5 pips and provides high leverage options up to 1:400.

  2. Pro Account: Targeted towards more experienced traders, the Pro Account requires a higher initial deposit of $10,000. It offers more competitive spreads starting from 0.9 pips and a leverage of up to 1:200. Like the Standard Account, it does not charge any commissions and is free from hidden costs.

  3. Elite Account:esigned for high-net-worth individuals or seasoned traders, the Elite Account demands an initial deposit of $25,000. This premium account offers the tightest spreads, starting from 0 pips, and a leverage of up to 1:200. It includes a commission of $3 per side.

Account Types

How to Open an Account?

Opening an account with QSQ Markets involves three simple steps:

  1. Choose an Account Type: Decide between the Standard, Pro, and Elite accounts, considering factors like the initial deposit, spreads, and additional features.

  2. Register Online: Visit the QSQ Markets website and fill out the registration form with your personal and financial details.

  3. Verify and Fund Your Account: Submit necessary identification documents for verification, and once approved, fund your account using one of the available methods like credit/debit card, Skrill, or NETELLER.

After these steps, your account will be ready for trading.

How to Open an Account?

Leverage

QSQ Markets offers varying leverage options across its different account types, offering the risk tolerance and trading strategies of diverse traders. For the Standard account, leverage goes up to 1:400, providing a higher level of market exposure and the potential for amplified profits, albeit with increased risk.

Both the Pro and Elite accounts offer leverage up to 1:200, striking a balance between market access and risk management, and are more suited to experienced traders or those with significant capital.

Spreads & Commissions

Spreads and commissions at QSQ Markets vary depending on the account type, offering flexibility to suit different trading preferences:

  • Standard Account: Features spread starting from 1.5 pips. This account is designed for newer traders and does not charge any commissions, making it simpler for those just starting out.

  • Pro Account: Offers tighter spreads starting from 0.9 pips, appealing to more experienced traders seeking lower spread costs. Like the Standard Account, it does not charge any commissions, adding to its appeal for seasoned traders.

  • Elite Account: Provides the most competitive spreads, starting from 0 pips, satisfy high-net-worth and professional traders who require the tightest spreads for large volume trading. The Elite Account, however, does include a commission of $3 per side, balancing the benefit of near-zero spreads with a straightforward commission structure.

Overall, QSQ Markets' spread and commission structure is designed to accommodate a range of trading strategies, from those who prefer no commission trading to those who seek the lowest possible spreads for high-frequency trading.

Spreads & Commissions

Trading Platform

QSQ Trader is a high-efficiency trading platform offering low latency and instant order execution, with powerful analytical tools for diverse traders.

It is complemented by MetaTrader 4, a popular platform known for its user-friendliness and comprehensive trading tools, and the upcoming MetaTrader 5, which promises advanced features for an expanded range of financial instruments.

  1. QSQ Trader:

QSQ Trader is a sophisticated trading platform designed to optimize trading efficiency with minimal latency. It boasts a strong connection to major international liquidity providers, ensuring instant execution of buy and sell orders.

The platform is equipped with built-in analytical tools that help traders assess market directions effectively. QSQ Trader is user-friendly and innovative, making it suitable for both less experienced traders and professional market participants.

Its focus on quick execution and analytical capabilities positions it as a powerful tool for successful trading in various financial markets.

Trading Platform
  1. MetaTrader 4 (MT4):

MetaTrader 4 is a widely acclaimed and user-friendly forex trading platform, renowned for its accessibility and comprehensive features.

MT4 provides traders with access to a broad range of financial instruments, including currency pairs, commodities, and indices.

The platform is especially known for its advanced charting tools, automated trading capabilities, and customizable interface. Its popularity among traders worldwide stems from its reliability, range of tools, and versatility in forex trading.

Trading Platform
  1. MetaTrader 5 (MT5):

MetaTrader 5, the successor to MetaTrader 4, is a more advanced trading platform that is currently in the pipeline for release. It will coming soon on QSQ Markets.

It retains many of the beloved features of MT4, such as access to various financial instruments and advanced charting, but with added functionalities.

MT5 will offer the ability to trade stocks and futures, additional order types, and an integrated economic calendar. This platform is geared towards providing a more comprehensive trading experience with enhanced capabilities,meet the evolving needs of modern traders.

Trading Platform

Deposit & Withdrawal

QSQ Markets offers a streamlined and flexible approach for depositing and withdrawing funds, catering to the convenience of its traders. The minimum deposit required to start trading is $100. For both deposit and withdrawal processes, QSQ Markets supports a variety of methods to accommodate different preferences:

  • Credit/Debit Cards: A widely used method for both deposits and withdrawals, offering ease and speed in transactions.

  • Skrill: An e-wallet option that provides an efficient way for transferring funds.

  • NETELLER: Another popular e-wallet choice, known for its secure and swift transaction capabilities.

Deposit & Withdrawal

Customer Support

QSQ Markets offers customer support through online chat, providing traders with a direct and convenient channel for assistance.

Customer Support

Educational Resource

QSQ Markets provides Introducing Brokers (IBs) with a range of advantageous resources to support their partnership:

  1. Flexible Commission Plans: QSQ Markets offers IBs flexible commission plans, enhancing their earning potential through their referred clients' trading activities.

  2. Real-Time Revenue Generation and Reporting: IBs benefit from real-time revenue generation and comprehensive reporting tools, allowing them to track their earnings and performance seamlessly.

  3. Multiple Trading Platforms: QSQ Markets offers multiple trading platforms and mobile trading apps, providing IBs and their clients with diverse options to meet various trading preferences.

  4. First-Class Multilingual Customer Support: The company extends its first-class multilingual customer support to IBs, ensuring that they and their clients have access to prompt and reliable assistance when needed.

Educational Resource

Conclusion

In conclusion, QSQ Markets offers a comprehensive trading experience with a variety of account types, flexible commission plans, and multiple trading platforms to attracting traders and introducing brokers.

Their commitment to providing real-time revenue generation, excellent customer support, and a range of educational resources underscores their dedication to supporting their clients and partners in the financial markets.

FAQs

Q: What is the minimum deposit required to open an account with QSQ Markets?

A: The minimum deposit to start trading with QSQ Markets is $100.

Q: How can I deposit and withdraw funds from my QSQ Markets account?

A: QSQ Markets supports various methods, including credit/debit cards, Skrill, and NETELLER, for both deposits and withdrawals.

Q: What types of accounts does QSQ Markets offer?

A: QSQ Markets provides three account types: Standard, Pro, and Elite, each with different features and requirements.

Q: What is the maximum leverage available at QSQ Markets?

A: The maximum leverage varies by account type, with options up to 1:400 for Standard accounts and up to 1:200 for Pro and Elite accounts.

Q: Does QSQ Markets offer a demo account?

A: Yes, QSQ Markets provides a demo account for traders to practice and test their strategies before trading with real funds.

Q: What trading platforms are available at QSQ Markets?

A: QSQ Markets offers QSQ Trader and Meta4 as trading platforms, accessible via desktop and mobile devices.

User Reviews

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Wake up NOW
more than one year
Customer service is quite poor at QSQ Markets. I had to inquire multiple times about the status of my deposits and withdrawals. The absence of a customer service manager is noticeable, and the sales representative I interacted with never responded. The real-time chat is sluggish and frequently shifts from one agent to another. Strangely, once you log into the client portal, the live chat option becomes unavailable, which I find odd. While some brokers offer better customer service, I don't intend to continue working with them in the long run.
2024-01-16 12:13
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FX1525503334
more than one year
Getting my money out felt like waiting forever, you know? Like planting a tomato seed and waiting for it to pop up. It's a real slow process. And their trading signals - pure guesswork. It was like playing a guessing game. It's hard to tell what will happen, just like spinning a roulette wheel at a casino. This made making proper trading decisions tough, creating more confusion rather than helping.
2023-12-04 16:27
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FX1525344715
more than one year
Oh boy, my experience with QSQ Markets was far from the exhilarating rush that forex trading typically promises. It was more like a bumpy buggy ride in a rocky terrain. Starting with their regulatory status – there was none! My journey with QSQ Markets was more about negotiation with difficulties rather than leveraging potential profits. If they plan on surviving in the fiercely competitive forex terrain, they need to buckle up and fix these speed bumps. Until then, I would advise fellow traders to proceed with caution.
2023-12-02 13:33
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