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QDM

Seychelles|2-5 years|
Retail Forex License|White label MT5|The server is only located in China.|High potential risk|Offshore Regulated|

http://www.qdme.net/Home.html

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1
Server Name
QDM-Server MT5
Server Location China

Contact

service@qdmr.net
http://www.qdme.net/Home.html
SUITE 3, GLOBAL VILLAGE, JIVAN'S COMPLEX, MONT FLEURI, MAHE, SEYCHELLES

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Company Name

QDM Ltd

Company Abbreviation

QDM

Platform registered country and region

Seychelles

Company website

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-08
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The Seychelles FSA regulation with license number: SD074 is an offshore regulation. Please be aware of the risk!

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QDM · Company Summary

Company Name QDM International Limited
Headquarters Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe, Seychelles
Regulations Offshore Regulation by Seychelles FSA
Market Instruments Approximately 45 forex pairs, CFDs on spot metals, commodities, and price differentials
Account Types Standard Account
Leverage Up to 1:500
Spread Starting from 0.8 pips on EUR/USD pair
Minimum Deposit $100
Deposit/Withdrawal Methods N/A
Trading Platforms MetaTrader 5 (MT5)
Customer Support Telephone: +1 908. 731. 0778, E-mail: service@qdmr.net

Overview of QDM

QDM International Limited is a prominent financial service provider professionally incorporated in Seychelles. The company excels in providing a broad array of online financial services that span across foreign exchange, precious metals, energy, and Contracts for Difference (CFD) indices. Their offerings not only include these primary services but also encompass a variety of financial derivative contracts, which lets them cater to a diverse spectrum of financial trading interests.

QDM's primary objective involves serving regional investors with top-of-the-line financial transaction services. By focusing on this niche target audience, they aim to tailor their services to meet unique regional investment preferences and behaviors. Through its excellent service provision, QDM manages to position itself as a key player in the financial services arena providing reliable, efficient, and optimized solutions to investors.

Overview of QDM

Is QDM a regulated broker?

QDM International Limited operates under an offshore regulatory status, authorised by the Seychelles Financial Services Authority (SFSA). This authorization is represented by a Retail Forex License, License No. SD074. As per these credentials, QDM appears to adhere to standards that align with the Seychelles' requirements for forex trading activities. This regulatory framework adds to QDM's credibility, portraying it as a broker with an organized legal structure.

Is QDM a regulated broker?

However, it is critical to note that despite being regulated by an offshore authority, the credibility may not be as robust as with regulators in more established jurisdictions. While licensing from Seychelles' Financial Services Authority presents a façade of regulation, it does not necessarily guarantee the same level of security as regulatory bodies like the FCA or the NFA. Therefore, potential investors should view this offshore regulation status with a degree of caution, as it can sometimes be associated with less rigorous oversight and potential risk to investment security.

Pros and Cons

Pros:

  1. Diversified Trading Instruments: QDM offers approximately 45 forex pairs and a variety of CFDs on spot metals, commodities, and price differentials. This range of options cater to different investor interests.

  2. High Leverage: The high leverage of up to 1:500 may provide a potential for significant profits, although it also carries substantial risk.

  3. MetaTrader 5 Platform: They use the widely recognized MT5 trading platform that offers user-friendly features, top-notch charting and automated trading bots.

  4. Competitive Spread: QDM offers a competitive spread starting from 0.8 pips on the EUR/USD pair which might help traders in reducing transaction costs.

  5. Responsive Customer Support: They provide efficient customer support through telephone and email communication.

Cons:

  1. No Demo Account: QDM does not offer demo accounts which can limit beginners' opportunities to practice without investing real funds.

  2. Limited Account Type: They offer only a Standard Account, which might not cater to varied investment requirements and levels of trading experience.

  3. Lack of Information on Payment Methods: There's no specific information on the accepted methods for deposits and withdrawals.

  4. High Risk with Leverage: Although the high leverage offered can maximise potential profits, it can also magnify the potential for losses.

  5. Minimum Deposit Requirement: The minimum initial deposit requirement of $100 might not be affordable for some individuals.

Pros Cons
  1. Diverse trading instrument options
No demo account
  1. High leverage up to 1:500
Limited account type
  1. Uses MT5 trading platform
Lack of information on payment methods
  1. Competitive spread offerings
Potential high risk with leverage
  1. Efficient customer support
Minimum deposit requirement of $100

Market Instruments

QDM International Limited offers a diversified portfolio of market instruments that cater to various investor interests. One of their main offerings includes extensive forex trading options, providing a choice of 45 different forex pairs. This wide array of available pairs allows traders to have access to major, minor, and exotic forex pairs, which can lead to a more comprehensive and diversified trading portfolio.

Market Instruments

In addition to Forex, QDM provides Contracts for Difference (CFDs) trading opportunities on spot metals and commodities, and price differentials. The availability of these market instruments lets traders take advantage of price differences in different markets without owning the underlying asset. This fulfills the demand for a wider asset variety and presents an opportunity for profit irrespective of the market's direction.

Account Types

QDM International Limited appears to provide a straightforward account type option for its clients. They offer a Standard account, which requires an initial minimum deposit of $100. This single-account model simplifies the investor experience by eliminating the need for choosing from multiple account types. However, it is important to note that QDM does not offer demo accounts, which may limit beginners' opportunities to practice trading without investing real funds.

How to open an account in QDM?

Opening an account with QDM is a straightforward task that usually involves providing personal details, verifying your identity, and funding your account. The following steps will serve as a guide to walk you through the process:

  1. Visit QDM's official website.

  2. Locate and click on the 'Open Account' option.

  3. Fill in the form with the necessary information such as full name, email address, and contact number.

  4. Verify your identity by providing official identification documents as required by QDM.

  5. After your application is approved, deposit a minimum of $100 to activate the Standard account.

  6. Once activated, you can now proceed to start trading on QDM's online platforms.

Trading Platform

QDM International Limited makes use of the highly acclaimed MetaTrader 5 (MT5) trading platform. MT5 is a distinguished tool in the trading world, widely recognized and adopted throughout the finance industry due to its user-friendly interface, broad functionality, and advanced charting capabilities. These features of MT5 make it easier for both novice and experienced traders to navigate and facilitate the efficient execution of their trade strategies.

A standout feature of MT5 that draws considerable acclaim is its automated trading bots, also known as Expert Advisors. These tools allow automated trading based on predefined parameters, enabling traders to maximize their trading efficiency and potential profitability. Also, MT5 is highly customizable, providing traders the opportunity to personalize their trading experiences, solidifying QDM's commitment to versatile and optimized trading services.

Trading Platform

Leverage

QDM International Limited offers significant leverage of up to 1:500. This means that for every dollar invested, an investor can control $500 in the market. While this provides a powerful tool to maximize potential profits, it also carries substantial risk. It's crucial for investors to understand that high leverage can accelerate both profits and losses, effectively amplifying the potential for loss of their deposited capital. As such, leveraging should be approached with a sound risk management strategy.

Spread

QDM International Limited offers competitive spreads on about 45 currency pairs, catering to a wide range of trading preferences. One prominent example of the favorable spread levels they provide is evident in the EUR/USD currency pair, where QDM claims to offer a low spread starting from 0.8 pips. The offering of these narrow spreads allows investors to potentially maximize their profits while minimizing transaction costs.

Deposit & Withdrawal

The absence of detailed information concerning the deposit and withdrawal methods accepted by QDM International Limited is a noticeable deficiency. This uncertainty may present a significant concern for potential investors as it directly correlates to the convenience and safety of their financial transactions. The ability to smoothly deposit and withdraw funds plays a key role in the overall trading experience. Potential investors are strongly advised to seek this essential information directly from QDM prior to making any investment decisions.

Customer Support

QDM International Limited provides effective customer support to meet the needs and concerns of their clients. The contact avenues they have established include telephone and email communication, allowing for an efficient and prompt response to customer queries. Investors can reach out to them on the telephone number +1 908. 731. 0778 to directly communicate with their customer service personnel for immediate assistance in real-time.

For those who prefer written communication or have detailed queries, QDM also offers an email option at service@qdmr.net. This mode ensures that all specifics of a customer's request or issue are systematically addressed. The company, headquartered at Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe, Seychelles, demonstrates its commitment to accessibility and responsive customer service.

Conclusion

In summary, QDM International Limited appears to be a reasonably comprehensive broker, providing a substantial array of tools and services to its clients. It gives a high leverage of up to 1:500, which, while increasing the potential growth for an investor, also carries an inherent risk due to the potential amplification of losses. QDM utilises the acclaimed MT5 trading platform, providing clients with an efficient, user-friendly trading experience. They also offer diversified trading instruments, including around 45 forex pairs, adding versatility to a trader's portfolio.

On the other hand, potential investors should be aware of some concerns. The absence of specific information about payment methods is notable and may raise questions regarding the security of funds and transactional ease. Additionally, the high initial deposit requirement of $100 may deter some investors. Therefore, while QDM provides multiple appealing features, we advise potential investors to thoroughly research and consider their concerns before deciding to engage with this broker.

FAQs

Q: What is the regulatory status of QDM International Limited?

A: QDM International Limited holds an offshore regulatory license.

Q: What market instruments are offered by QDM?

A: QDM offers a wide range of market instruments, including approximately 45 forex pairs and a variety of CFDs on spot metals, commodities, and price differentials.

Q: How can I contact QDM's customer support?

A: QDMs customer support can be reached via telephone at +1 908. 731. 0778 and email at service@qdmr.net for quick and efficient assistance.

Q: What trading platform does QDM offer?

A: QDM utilizes the advanced MetaTrader 5 (MT5) trading platform. It's known for its user-friendly interface, advanced charting capabilities, and automated trading bots.

Q: What is the minimum initial deposit requirement for opening an account with QDM?

A: The minimum initial deposit to open a trading account with QDM International Limited is said to be $100.

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