QDM Forex Broker

Note: QDM is to operate via the website - https://www.qdmr.net/en/Home.html, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Risk Warning The Seychelles FSA regulation (license number: SD074) claimed by this broker is suspected to be clone. Please be aware of the risk! Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information & Regulation QDM, a trading name of QDM Ltd, is allegedly a forex and CFD broker registered in the United States that claims to provide its clients with various tradable financial instruments with leverage up to 1:500 and variable spreads from 0.8 pips on the MT5 trading platform via a Standard account. Here is the home page of this brokers official site: As for regulation, it has been verified that QDM holds a suspicious clone Seychelles Financial Services Authority (FSA) license. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.61/10. Please be aware of the risk. Market Instruments QDM says to offer 45 forex pairs and CFDs on spot metals and commodities. Account Types QDM appears to only offer an Standard account, with the minimum initial deposit requirement of $100. However, the broker doesnt offer demo accounts. Leverage The maximum leverage provided by QDM is up to 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you. Spreads QDM claims to offer a spread of 0.8 pips on EUR/USD currency pair. Trading Platform Available The platform available for trading at QDM is one of the most notable and preferred trading platforms the market offers - MetaTrader5. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT5 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors. Deposit & Withdrawal The minimum initial deposit requirement with QDM is said to be $100. However, there is no information on the payment methods accepted. Customer Support QDMs customer support can be reached by telephone: +1 908. 731. 0778, email: service@qdmr.net. Company address: Bedminster One 135 US Highway 202/206, Suite 12 Bedminster,New Jersey, 07921 United States. Pros & Cons