QuoMarkets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.tradequo.com/en/register, about the company's legal and temporary regulatory information, the company's address Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines.
QuoMarkets Forex Broker
Basic information
Saint Vincent and the Grenadines
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
QuoMarkets Information
QuoMarkets.com is an investing platform in online trading and provides both beginner and professional traders with access to various opportunities across global financial markets including Forex, Metals, Indices, Energies, Crypto, and Stocks. The broker also provides unlimit leverage and popular MT4 and MT5 platform. The minimum spread is from 0 pips and the minimum deposit starts from $1. QuoMarkets is still risky due to its unregulated status and high leverage.
Pros and Cons
| Pros | Cons |
| MT4/MT5 available | Unregulated |
| Spread as low as 0.1 pip | No 24/7 customer support |
| Demo account available | High max leverage |
| Various tradable instruments |
Is QuoMarkets Legit?
QuoMarkets is not regulated, making it less safe than a regulated one, even though it claims Quo Global Ltd, a securities dealer firm that is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD140.
What Can I Trade on QuoMarkets?
QuoMarkets offers various market instruments, including Forex, Metals, Indices, Energies, Crypto, and Stocks.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Energies | ✔ |
| Stocks | ✔ |
| Crypto | ✔ |
| Metals | ✔ |
| Shares | ❌ |
| Commodities | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
QuoMarkets has four account types: Raw, Standard, Zero, and Limitless. Standard accounts are ideal for traders with all experience levels, raw accounts are for experienced traders seeking ultra-low and stable spreads, zero-accounts are ideal for traders focused on major currency pairs and top assets, free from spread concerns, and Unlimited Account offers traders the advantage of unlimited leverage.
In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Swap-Free Account, or Islamic Account, tailored for traders adhering to Islamic principles against interest.
| Account Type | Raw | Standard | Zero | Limitless |
| Maximum Leverage | Up to 1:1000 | Up to 1:1000 | Up to 1:2000 | Limitless |
| Swap free | By Request | By Request | By Request | By Request |
| Spread on all majors | As low as 0.1 pip | As low as 0.4 pip | ZERO “O” in major Pairs up to 97% of the day | As low as 0.6 pip |
| Commission | $3 per side | $0 | $4 per side | $0 |
| Minimum Deposit | $1 | $1 | $1 | $1 |
QuoMarkets Fees
The spread is as low as 0 pip, the commission is from $0. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is no restrictions that maybe mean irreparable losses.
Trading Platform
Traders can conduct financial activities in MT4/MT5 available in Windows, macOS, iOS, Android, and Web through QuoMarkets. Junior traders prefer MT4 over MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, macOS, iOS, Android, Web | Experienced traders |
| MT4 | ✔ | Windows, macOS, iOS, Android, Web | Junior traders |
Deposit and Withdrawal
The first account deposit must be $1 or above. QuoMarkets accepts credit/debit cards (Visa, Mastercard), international bank transfers, local bank transfers, online transfers, and cryptocurrencies for deposit and withdrawal. Deposit processing times are instant and associated fees are free, and withdrawal processing times are up to 1 day and associated fees are also free.
Withdrawal requests will be processed within 24 hours. However, the arrival of funds varies depending on your chosen withdrawal method. For E-Wallets, Crypto-Wallets, and local bank transfers, clients will receive their funds on the same day. Bank wire transfers or withdrawals to credit/debit cards usually take 3-14 business days.
Deposit:
| Funding Option | Processing Time | Fees | Min Amount | Max Deposit |
| Visa/MasterCard | Instant | Free | 10 USD | $10000 per day |
| Bank Transfer | Instant | Free | 10 USD | $50000 per day |
| Neteller | Instant | Free | 10 USD | $10000 per day |
| Skrill | Instant | Free | 10 USD | $10000 per day |
| Dragonpay | Instant | Free | 10 USD | $50000 per day |
| Fasapay | Instant | Free | 10 USD | $50000 per day |
Withdrawal:
| Funding Option | Processing Time | Fees | Min Amount | Max Deposit |
| Visa/MasterCard | 1 Day | Free | 10 USD | $100000 per day |
| Bank Transfer | A few minutes-3 hours | Free | 10 USD | $100000 per day |
| Bitcoin | Depends on Blockchain | Free | 10 USD | $100000 per day |
| USDT- ETH | Depends on Blockchain | Free | 10 USD | $100000 per day |
| Ethereum | Depends on Blockchain | Free | 10 USD | $100000 per day |
| USDT- TRX | Depends on Blockchain | Free | 10 USD | $100000 per day |
| Dragonpay | A few minutes-3 hours | Free | 10 USD | $100000 per day |
| Fasapay | A few minutes-3 hours | Free | 10 USD | $100000 per day |
Rating Index
dragonpay
fasapay
QuoMarkets Similarly Rated Brokers
Latest Reviews
Zootarder83
Poland
I have been trading on their platform for several months now, everything is ok, deposits and withdrawals are instant. Low transaction costs. Support very helpful - nothing to complain about. A solid broker that operates in a regulated group.
Positive
2023-09-03
Masterswing
Indonesia
Very good customer service, low spreads, I'm trading there over 6 months and I'm very happy, Customer service always respond very fast and withdrawals are done the same day, where most brokers they takes 2-3 days. I recommend this broker.
Positive
2023-04-03
Paluszkiewicz M.
Poland
Great service. The QuoMarkets platform is very easy to use plus also available on supercharts which is great. Provide great customer service Deposits/Withdrawals are quick and easy
Positive
2023-10-31