QuickTrade broker Accounts

QuickTrade Account Types

QuickTrade offers two main types of accounts: ZAR and USD accounts. There is no minimum deposit required to register a live trading account. The overall rating for QuickTrade is 3.9 out of 5, and it is regulated by the Financial Sector Conduct Authority (FSCA). The trading platform used is MetaTrader 5 (MT5), and traders can access various markets, including indices, US CFDs, commodities, and currencies. The leverage offered is up to 1:100, and trading fees are considered low. However, there are no Islamic account options available.

QuickTrade Broker Account Opening Process

To open a QuickTrade account, follow these steps:

• Start Registration: Click on the "Create Profile" button on the QuickTrade website to begin the registration process.
• Complete Registration Form: Fill in the required details exactly as per your RSA ID documents or passport and proof of residence.
• Verify Email: After submitting your details, you will receive an email with instructions to verify your profile.
• Access Client Portal: Once verified, you will gain access to the QuickTrade client portal.
• Upload FICA Documents: Prepare the necessary FICA documentation, including a valid RSA identity document or passport and proof of residence (utility bill or bank statement not older than three months).
• Complete Q&A Test: Fill out a questionnaire to assess your trading experience.
• Profile Verification: The FICA department will verify your uploaded documents, and once approved, your live trading account will be created. Login details will be emailed and SMS'd to you.

For more detailed information, you can visit the official QuickTrade website: QuickTrade.