QDM Forex Broker

Note: QDMs official website: www.qdme.net is currently inaccessible normally.QDM Review SummaryFounded2-5 yearsRegistered Country/RegionSeychellesRegulationFSA (Offshore Regulated)Market InstrumentsForex, CFDs, Metals, CommoditiesDemo Account❌LeverageUp to 1:500SpreadStarting from 0.8 pips on EUR/USD pairTrading PlatformMetaTrader 5 (MT5)Min Deposit$100Customer SupportEmail: service@qdmr.netPhone: +1 908.731.0778Address: Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe, SeychellesQDM Information QDM International Limited is a Seychelles-based broker regulated offshore by the Seychelles FSA. Leveraging the well-known MT5 platform, they provide a range of financial instruments including forex and CFDs. They serve regional investors with adjustable leverage and low trading fees.Pros and ConsPros Cons Wide range of trading instrumentsNo demo account availableHigh leverage up to 1:500Limited account typeMT5 trading platformNo information on payment methodsLow spreads from 0.8 pipsIs QDM Legit? The Seychelles Financial Services Authority (FSA) with an offshore licence controls QDM International Limited. Retail Forex Licence is the licence type; licence number is SD074.What Can I Trade on QDM? To suit diverse trading tastes, QDM provides a range of financial tools. Their offerings comprise over 45 currency pairs, CFDs on spot metals, commodities, and price differentials.Tradable Instruments Supported Forex✔Commodities✔Crypto❌CFDs✔Indexes✔Stock❌ETF❌Account Types QDM provides a Standard Account with a $100 minimum deposit. The broker offers no Islamic or demonstration accounts.Leverage QDM offers leverage right up to 1:500. Leverage greatly raises the danger of losses but can also be a great tool for improving profits. Using large leverage calls for traders to use rigors risk management.QDM Fees With spreads beginning at 0.8 pips on the EUR/USD pair, QDM's fees are often competitive relative to industry averages. The broker also provides margin trading; although no information on commissions or swap rates is mentioned.Trading PlatformTrading PlatformSupported Available Devices Suitable forMetaTrader 5 (MT5)✔Desktop, Web, MobileAll traders, especially those needing advanced charting and automation featuresDeposit and Withdrawal The minimum deposit is $100 and QDM charges no fees for withdrawals or deposits. For traders, they offer ease by supporting several deposit and withdrawal strategies. Options are Bank Wire Transfer, Credit/Debit Card, Skrill, Neteller, PayPal.Deposit Options Min. DepositFees Processing Time Bank Wire Transfer$100NoneVariesCredit/Debit Card$100NoneInstantSkrill$100NoneInstantNeteller$100NoneInstantPayPal$100NoneInstantWithdrawal Options Min. Withdrawal Fees Processing Time Bank TransferNot SpecifiedNoneStandard Bank ProcessingCrypto PaymentNot SpecifiedNoneDepends on NetworkPayPalNot SpecifiedNoneVaries