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.