Rating Index
Pros
Wide range of trading instruments, including forex, commodities, indices, and stocks.
Multiple account types available, catering to different trader needs and offering various features.
Access to advanced trading platforms like MT5 and a proprietary web trader, along with a mobile app for trading on the go.
Cons
Reports of withdrawal issues and hidden fees that have led to dissatisfaction among some clients.
Limited features for lower-tier account holders, which may restrict access to certain benefits.
Some negative reviews regarding customer service responsiveness and account blocking incidents.
Q8 Trade broker Accounts
Q8 Trade Account Type
Q8 Trade offers a variety of account types to cater to different trading needs and experiences. The available account types are:
- Bronze Account
- Minimum Deposit: $250
- Features: Daily market review, unlimited access to educational materials, Islamic account option, and hedging capabilities.
- Silver Account
- Minimum Deposit: $1,000
- Features: All Bronze Account benefits plus a dedicated account manager and unlimited video access to educational content.
- Gold Account
- Minimum Deposit: $10,000
- Features: All Silver Account benefits, a 3% welcome bonus on the first deposit, trading signals, and additional educational resources.
- Platinum Account
- Minimum Deposit: $50,000
- Features: All Gold Account benefits, a 5% upgrade bonus on the first deposit, exemption from withdrawal fees, and access to trading alerts via SMS.
- Diamond Account
- Minimum Deposit: $250,000
- Features: All Platinum Account benefits, a 20% bonus on the first deposit, and additional perks based on trading volume.
- Registration:
- Visit the Q8 Trade website and click on the "Sign Up" button.
- Fill in the required details: Full name, email address, country, preferred currency, phone number, and preferred password.
- Verification:
- Complete a financial suitability questionnaire regarding your trading experience and financial background.
- Agree to the terms and conditions by providing a manual signature.
- Submit proof of identity, which can be a drivers license, ID, or passport.
- Account Funding:
- After verification, fund your account using one of the accepted payment methods (Knet, Visa, Mastercard, American Express, or wire transfer).
- The minimum deposit to activate a trading account is $250.
- Demo Account:
- Q8 Trade also provides a free demo account with $50,000 in virtual funds, allowing you to practice trading without any risk.
Q8 Trade Broker Account Opening Process
Opening an account with Q8 Trade is a straightforward process that can be completed in a few easy steps:
This process ensures that all clients have a secure and compliant trading experience.
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Q8 Trade accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .