Intelligent Quantum Forex Broker

Note: Intelligent Quantum's official website: https://iqccfd.com/ is currently inaccessible normally.Intelligent Quantum Review SummaryFounded/Registered Country/AreaSaint Vincent and the GrenadinesRegulationNot regulatedMarket InstrumentsForex, metals, crypto, indices, energiesDemo Account/LeverageUp to 1:1000SpreadFrom 1.6 pips (Standard/Classic account)Trading PlatformMetaTrader5Minimum Deposit$30Customer Support24/7 supportPhone: +66 20072226Email: info@iqccfd.comIntelligent Quantum Information Intelligent Quantum, a young brokerage firm based in Saint Vincent and the Grenadines, offers CFD trading on various assets like forex, metals, cryptocurrencies, and more. Their minimum deposit is $30 and they offer leverage up to 1:1000 on some accounts. Spreads start from 0.6 pips depending on the account type and instrument. Trading is done through the popular MetaTrader 5 platform. While they don't offer a demo account, they do offer educational resources like news, economic calendars, and basic trading concept explanations. However, one fact that cannot be neglected is that the broker currently operates with no valid regulation from any authority bodies.Pros and ConsProsConsVariety of tradable assetsUnregulated broker24/7 customer supportLimited customer support channelsUser-friendly MetaTrader 5 platformNo demo accountsMinimum deposit of only $30Is Intelligent Quantum Legit? Regulation is a crucial aspect of evaluating the legitimacy and reliability of a brokerage firm, and in the case ofIntelligent Quantum, the broker operates without any valid regulatory oversight. The absence of a regulatory framework raises significant concerns regarding the broker's adherence to industry standards, financial transparency, and the protection of client interests.Downsides of Intelligent Quantum Unavailable website:Intelligent Quantum's website cannot be opened currently. Regulatory concerns: The company operates without any regulations, meanig that it does not comply to rules from any regulatory authorities. This heightens trading risks with them.What Can I Trade onIntelligent Quantum? Capitals Pro FX provides trading services to several trading instruments, mainly in 4 asset classes. Forex: Forex, or foreign exchange, is the global marketplace for trading national currencies against one another, facilitating international trade and investment. Commodities: Commodities are basic goods used in commerce that are interchangeable with other goods of the same type, such as precious metals as well as energy products like crude oil. Stocks: Stocks represent ownership stakes in large companies such as Apple, Tesla etc., allowing investors to participate in their profits and losses. Cryptos: Cryptocurrencies are digital or virtual currencies that use cryptography for security and operate on decentralized networks based on blockchain technology. When dealing with investment activities, always adhere to the principle of diversification by allocating funds across various products rather than coCapitals Pro FXntrating on a single one you feel optimistic about.Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Cryptocurrencies✔Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type/Fees Four account types offered by Intelligent Quantum: Standard, Classic, Cent and VIP, with minimum deposit requirement sets at $30 across all account types. Standard Account & Classic Account: Market execution spread start from 1.6 pips for both accounts and no commissions. However, the rebate payout starts at $6/Lot at level 1 and reduces to $0.5/Lot at levels 6-15 for the Standard account, while it's $4/Lot at level 1 and reduces to $2/Lot at levels 2-3 for the Classic account. Cent Account: Market execution spread is tighter starting from 0.6 pips with no commission, either. The rebate payout starts at $5/Lot (Standard) and reduces to $1/Lot at levels 6-15. VIP Account has same spread from 0.6 pips as the Cent account, but charges a commission of $4/Lot. Swap fees apply but no rebate fees.Account TypeStandardClassic Cent VIP Min Deposit$30$30$30$30Min Withdrawal$30$30$30$30SpreadFrom 1.6 pipsFrom 1.6 pipsFrom 0.6 pipsFrom 0.6 pipsCommission❌❌❌$4/LotSwap Fee❌❌✔Rebate Plan15 levels, starts at $6/Lot (level 1), $0.5/Lot (levels 6-15)4 levels, starts at $4/Lot (level 1), $0 (level 4-15)15 levels, starts at $5/Lot (level 1), $1/Lot (levels 6-15)No rebate fLeverage Leverage is the trading tool that allows traders to control larger positions with smaller initial capital. It is always suggested to be used prudently due to amplified gains as well as losses and risks. With Intelligent Quantum, maximum leverages are 1:1000 in the Standard and Cent Accounts, and 1:200 in the VIP Account.Account TypeMax LeverageStandard 1:100Cent VIP 1:200Trading Platform Intelligent Quantum's offers the world-renowned and popular MetaTrader5, offering trading experiences for both mobile devices and tablets. The platform can be accessed by apps from iOS or Android smartphones or tablets. Traders can also access financial information and execute trade operations in global markets 24 hours a day.Deposit & Withdrawal Intelligent Quantum accepts various payment methods like credit/debit cards, e-wallets, and bank transfers. The minimum withdrawal amount is $30 for all account types and the broker does not charge fees for withdrawals.