AnalystQ, Q for short, is an online brokerage firm that caters to the trading needs of thousands of traders and around 120 partner exchanges. The broker has over 20,000 trades executed a day at industry-leading prices. They offer access to trade over 16,000 financial markets (including cryptocurrency, commodities, forex, options, futures, metals, energies) via the powerful MetaTrader 5 trading platform that is available in the desktop, web, and mobile versions. The minimum deposit required to operate a live account is 500 USDT (Tether).
AnalystQ Review, Pros & Cons
- Powerful MetaTrader 5 trading platform
- Educational resources
- 16,000 financial markets
- Unregulated broker
- Located offshore
- No MetaTrader 4 platforms
- Minimum $500 deposit
- Bitcoin funding only
- No USA clients
In this detailed AnalystQ review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Based in Dominica, AnalystQ is an online financial services provider that provides traders with an advanced trading platform and offers a selection of useful trading and learning tools to aid the trading process. There is a customer support team available to assist traders. Traders get to trade over 16,000 financial instruments on the provided trading platform, and there are multiple trading account options to choose from. Over the years, the broker has been honoured with different industry awards, such as the Best Crypto Platform, the Most Innovative Broker 2020, and more.
There is no regulatory information on the broker’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
The broker offers its services to clients from different parts of the globe where the use of such services would not be contrary to local laws and regulations.
Some AnalystQ features and products mentioned within this AnalystQ review may not be available to traders from certain countries because of legal restrictions.
The broker provides traders with the MetaTrader 5 trading platform, which is a multi-asset trading platform that is designed for easy access to the financial markets. The platform has built-in tools and advanced trading functionalities, including one-click trading, copy-trading, and support for trade automation using expert advisors. The platform is available in desktop, web, and mobile versions (iPhone and Android trading apps).
AnalystQ Trading Tools
The broker provides traders with some useful trading tools, including Charts and an economic calendar, which shows scheduled market events and their expected impacts on the financial markets.
There is a good selection of educational materials on the broker’s website, which are designed to help traders in making informed trading decisions. They include the Q Academy, trading courses, trading guides, educational courses, personal trading coaches, in-house analysts, and more.
The broker offers the following financial products: cryptocurrency, commodities, forex, options, futures, metals, energies
AnalystQ Accounts & Fees
The broker provides traders with various trading account options to meet their individual trading needs. They include Primary, Professional, and AutomatiQ Accounts. The accounts are denominated in Tether (USDT) and require a minimum deposit of 500 USDT.
As broker fees can vary and change, there may be additional fees that are not listed in this AnalystQ review. It is imperative to ensure that you check and understand all of the latest information before you open an AnalystQ broker account for online trading.
The broker’s customer support team is available to respond to traders’ general, technical, and account-related inquiries. The team can be reached via the following contact channels: telephone, email, Live Chat, and social media.
AnalystQ Deposit & Withdrawal
Traders can deposit and withdraw funds using cryptocurrency (Bitcoin) only. When funding your account with bitcoins, please make sure you send the bitcoins to the electronic wallet address they send to you.
AnalystQ Account Opening
Account opening at AnalystQ is a straightforward process; simply click on the ‘Create Account’ on the homepage and fill out the form properly. Then, hit the submit button and wait for your account to be approved.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
AnalystQ is an online forex and CFD broker that offers multiple assets for trading on the MT5 trading platform. Traders benefit from trading tools, educational resources, and a client support team. There are multiple trading account options to choose from, and the minimum deposit is 500 USDT. However, the broker is not regulated by any known financial authority at the moment.
Leveraged cryptocurrency trading products are complex instruments and come with a high risk of losing money rapidly due to unmonitored leverage. 63% of retail investor accounts lose money when trading with this provider. You should consider whether you understand how cryptocurrencies or any other financial products work and whether you can afford to take the risk of losing your money.