QuadcodeFX Global Ltd Broker Review

　　

QuadcodeFX Global Ltd 2025 Review: Everything You Need to Know

　　

Summary

　　The reviews of QuadcodeFX Global Ltd present a mixed picture, with some users praising its user-friendly platform and low minimum deposit requirements, while others raise concerns about regulatory issues and customer service. The broker, which operates under multiple jurisdictions, offers a range of trading instruments but has been flagged for its lack of transparency and potential risks associated with its operations.

　　Note: It is essential to consider that QuadcodeFX operates through different entities across regions, which may have varying regulatory standards and operational practices. This review aims to provide a fair and accurate assessment based on available data.

　　

Rating Box

Category	Rating (out of 10)
Account Conditions	5.5
Tools and Resources	4.0
Customer Service and Support	4.2
Trading Setup (Experience)	6.0
Trustworthiness	3.5
User Experience	5.0
Additional Features	4.8

　　We evaluate brokers based on a comprehensive analysis of user experiences, expert opinions, and factual data.

　　

Broker Overview

　　Founded in 2022, QuadcodeFX Global Ltd is an Australian-based broker that offers a proprietary trading platform. The broker primarily focuses on Contract for Difference (CFD) trading, providing access to a variety of asset classes, including forex, commodities, indices, stocks, and cryptocurrencies. It is regulated by the Australian Securities and Investments Commission (ASIC), which is known for its stringent regulatory framework. However, reports suggest that the broker may not have a clear regulatory status in other regions, raising potential concerns for traders.

　　

Detailed Section

　　

Regulatory Regions

　　QuadcodeFX operates under the jurisdiction of ASIC in Australia, which mandates strict compliance with financial regulations. However, the broker's regulatory status in other regions remains ambiguous, leading to concerns about its legitimacy. According to WikiFX, the broker has been flagged for having a suspicious regulatory license and a low trust score, indicating potential risks for investors.

　　

Deposit/Withdrawal Currency/Cryptocurrency

　　QuadcodeFX supports multiple currencies for deposits and withdrawals, including AUD, USD, and EUR. The broker allows transactions through various methods such as credit/debit cards, bank transfers, and e-wallets like Skrill and Neteller. However, it is important to note that some withdrawal methods may incur fees, particularly bank transfers, which can cost up to $31. Additionally, an inactivity fee of $10 is charged after 90 days of account inactivity.

　　

Minimum Deposit

　　The minimum deposit required to open an account with QuadcodeFX is set at $50, making it accessible for novice traders. This low entry barrier is often highlighted positively in user reviews, as it allows individuals with limited capital to start trading without significant financial commitment.

　　

Bonuses/Promotions

　　Currently, QuadcodeFX does not offer any bonuses or promotional incentives for new or existing clients. This is consistent with regulatory restrictions imposed by ASIC, which limits brokers from providing such offers to ensure fair trading practices.

　　

Tradable Asset Classes

　　QuadcodeFX provides a diverse range of tradable instruments, including over 60 forex pairs, various commodities, indices, stocks, and cryptocurrencies. This variety caters to different trading styles and preferences, allowing users to diversify their portfolios effectively. However, some reviews suggest that the selection of assets, particularly in the cryptocurrency domain, may not be as extensive compared to other brokers.

　　

Costs (Spreads, Fees, Commissions)

　　The broker operates on a commission-free model, with trading costs primarily derived from spreads. The spreads can vary significantly, with reports indicating that they may be higher than industry averages for certain instruments. For example, the average spread for major currency pairs is reported to be around 1.5 pips, which can be considered on the higher side compared to competitors.

　　

Leverage

　　QuadcodeFX offers a maximum leverage of 1:30 for retail clients, aligning with ASIC regulations that limit leverage to protect traders from excessive risk. While this leverage is relatively standard, it may not be appealing for more experienced traders seeking higher leverage options.

　　

Allowed Trading Platforms

　　The broker utilizes a proprietary trading platform that is designed to be user-friendly and efficient. While it lacks integration with popular platforms like MT4 or MT5, users have noted its ease of use and the availability of various technical analysis tools. However, the absence of algorithmic trading options may deter some traders looking for automated trading solutions.

　　

Restricted Regions

　　QuadcodeFX is not available to residents of the United States, Canada, and several other countries due to regulatory restrictions. This limitation may affect potential traders who are interested in accessing the brokers services.

　　

Available Customer Service Languages

　　Customer support at QuadcodeFX is primarily offered in English. Users have reported that while the support team is responsive, the lack of multiple language options may be a barrier for non-English speaking clients.

　　

Repeated Rating Box

Category	Rating (out of 10)
Account Conditions	5.5
Tools and Resources	4.0
Customer Service and Support	4.2
Trading Setup (Experience)	6.0
Trustworthiness	3.5
User Experience	5.0
Additional Features	4.8

　　

Detailed Breakdown Section

• 　　Account Conditions: The minimum deposit is low at $50, making it accessible, but the lack of varied account types may not cater to all trader needs.

• 　　Tools and Resources: The proprietary platform offers basic tools but lacks integration with more established platforms like MT4 or MT5, limiting advanced trading strategies.

• 　　Customer Service and Support: Customer service is available 24/7; however, the lack of multilingual support and live chat can hinder user experience.

• 　　Trading Setup (Experience): The trading experience is generally smooth, but higher spreads on certain instruments can affect profitability.

• 　　Trustworthiness: The mixed reviews and regulatory concerns diminish overall trust in the broker, especially for new traders.

• 　　User Experience: While the platform is user-friendly, the absence of educational resources and comprehensive support may leave novice traders seeking additional guidance.

　　In conclusion, while QuadcodeFX Global Ltd offers a user-friendly platform and a low minimum deposit, the concerns regarding its regulatory status and customer service should be carefully considered by potential traders. The broker's performance in the coming years will be essential to watch, given the competitive landscape of online trading.