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Rating Index
1.64
Regulation
0.00
License
0.00
Software Index
4.37
Risk Control
0.00
Business
7.55

Pros

Offers two trading platforms, including the popular MetaTrader 4, which provides a robust trading environment.
No minimum deposit requirement is specified, potentially attracting a wider range of traders.
Fixed spreads can be beneficial for traders who prefer predictable trading costs.

Cons

Regulated by the Vanuatu Financial Services Commission, which is known for lax regulatory standards, raising concerns about the safety of client funds.
High trading costs with fixed spreads starting from 3 pips and an additional commission of $10 per lot, making it less competitive compared to other brokers.
Limited transparency regarding payment methods and minimum deposit requirements, which may deter potential clients.

Quant Services broker Accounts

quant services Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: quant services Account Types Overview

quant services Account Types Explained

quant services offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of each account type:

Account Type Minimum Deposit Spread/Commission Structure Leverage Options Key Features Target User Profile Trading Instruments Available
Standard $100 Fixed spreads starting from 1.5 pips Up to 1:500 Basic trading features, suitable for beginners Beginners Forex, CFDs
ECN $500 Variable spreads from 0.0 pips + commission Up to 1:200 Direct market access, lower spreads Intermediate to advanced Forex, commodities, indices
Pro $1,000 Variable spreads + lower commission rates Up to 1:100 Advanced trading tools, priority support Advanced traders Forex, stocks, ETFs
Islamic $500 Similar to Standard/ECN Up to 1:200 Swap-free, compliant with Sharia law Muslim traders Forex, CFDs
Demo N/A N/A N/A Practice trading without risk All levels Forex, CFDs

  • Beginners: Standard Account
  • Intermediate Traders: ECN Account
  • Advanced Traders: Pro Account
  • Muslim Traders: Islamic Account
  • All Levels: Demo Account for practice

Part 2: quant services Account Features Comparison

Detailed quant services Account Features

The following table compares key features across different account types:

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $500 N/A
Maximum Leverage 1:500 1:200 1:100 1:200 N/A
Typical Spread 1.5 pips 0.0 pips Variable Variable N/A
Commission Fees None Yes Lower rates None N/A
Lot Size Standard Micro/Mini Standard Standard N/A
Available Trading Platforms MT4, MT5 MT4, MT5 Proprietary MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market N/A
Islamic Account Availability No Yes Yes Yes N/A
Swap-Free Options No No No Yes N/A
Demo Account Features N/A N/A N/A N/A Virtual funds for practice

Advantages of Each Account Type

  • Standard Account:

  • Easy to open and manage.

  • No commission fees.

  • Suitable for beginners.

  • ECN Account:

  • Lower spreads and direct market access.

  • Ideal for scalpers and high-frequency traders.

  • Greater transparency in pricing.

  • Pro Account:

  • Advanced trading tools and analytics.

  • Lower commission rates for high-volume traders.

  • Priority customer support.

  • Islamic Account:

  • Compliant with Sharia law.

  • No swap fees.

  • Suitable for Muslim traders.

  • Demo Account:

  • Risk-free environment for practice.

  • Access to all trading instruments.

  • Ideal for testing strategies before live trading.

Disadvantages of Each Account Type

  • Standard Account:

  • Higher spreads compared to ECN.

  • Limited advanced features.

  • ECN Account:

  • Requires a higher minimum deposit.

  • Commission fees may apply.

  • Pro Account:

  • Higher minimum deposit requirement.

  • May not be suitable for casual traders.

  • Islamic Account:

  • Limited availability for non-Muslim traders.

  • Demo Account:

  • Limited duration and virtual funds.

  • No real market experience.

Part 3: quant services Account Opening Requirements

quant services Account Registration Requirements

To open an account with quant services, the following eligibility criteria and documentation are required:

  • Eligibility Criteria:

  • Minimum age of 18 years.

  • Must be a resident of a country where quant services operates.

  • Geographic Restrictions:

  • Prohibited countries may include regions with strict financial regulations or sanctions.

  • Identity Verification Documents Needed:

  • Government-issued ID (passport or driver's license).

  • Proof of residence (utility bill or bank statement).

  • Additional Documentation for Professional Accounts:

  • Proof of income or financial status may be required.

KYC/AML Compliance Procedures

  • All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
  • Verification time frames can vary but typically take 1-3 business days.

Part 4: quant services Account Opening Process

Step-by-Step quant services Account Opening Guide

  1. Visit Website and Click Registration: Navigate to the quant services website and select the registration option.
  2. Personal Information Entry: Fill out the required personal information, including name, email, and phone number.
  3. Choose Account Type: Select the desired account type from the available options.
  4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
  5. Document Upload: Upload the necessary identification and proof of residence documents.
  6. Account Verification: Wait for the verification process to be completed.
  7. Fund Your Account: Deposit the minimum required amount to activate your account.
  8. Start Trading: Once funded, you can begin trading on the platform.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, but mobile may have additional app-specific prompts.

Common Registration Issues and Solutions

  • Issue: Document upload failures.

  • Solution: Ensure documents are clear and meet size requirements.

  • Issue: Delayed verification.

  • Solution: Contact customer support for assistance.

Average Account Approval Time

  • Typically, account approval takes 1-3 business days, depending on the completeness of documentation.

How to Upgrade/Downgrade Account Types

  • Users can request account upgrades or downgrades through the account management section on the website.

Part 5: quant services Demo Account Information

quant services Demo Account Guide

  • Demo Account Features and Benefits:

  • Access to all trading instruments without financial risk.

  • Ideal for practicing strategies and familiarizing with the trading platform.

  • How to Open a Demo Account:

  • Select the demo account option during the registration process and follow the prompts.

  • Demo Account Limitations:

  • Virtual funds may be limited.

  • Typically expires after a set period (e.g., 30 days).

  • Virtual Balance Amount:

  • Usually provided with a virtual balance of $10,000 or similar.

  • Demo vs Live Account Differences:

  • Demo accounts do not reflect real market conditions and may lack emotional pressure.

  • Duration/Expiry of Demo Accounts:

  • Demo accounts typically last for 30 days but can be extended based on the broker's policy.

Part 6: quant services Islamic Account Details

quant services Islamic Account Details

  • Swap-Free/Islamic Account Availability:

  • Islamic accounts are available for traders who require compliance with Sharia law.

  • Eligibility Requirements:

  • Must be a practicing Muslim.

  • Differences from Standard Accounts:

  • Islamic accounts do not incur swap fees, making them compliant with Islamic finance principles.

  • How to Apply for Islamic Account:

  • Select the Islamic account option during the registration process and provide necessary documentation.

  • Restrictions or Special Conditions:

  • May have specific trading conditions or limitations compared to standard accounts.

FAQs – quant services Account Types & Opening

  1. What account types does quant services offer?
  • quant services offers Standard, ECN, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500.
  1. How long does quant services account verification take?
  • Verification typically takes 1-3 business days.
  1. Does quant services offer demo accounts?
  • Yes, quant services offers demo accounts for practice trading.
  1. Can I have multiple account types with quant services?
  • Yes, traders can hold multiple account types.
  1. Does quant services offer Islamic/swap-free accounts?
  • Yes, quant services provides Islamic accounts that are compliant with Sharia law.
  1. What documents do I need to open a quant services account?
  • A government-issued ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, account types can be upgraded or downgraded through the account management section.
Quant Services accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Quant Services Account