Quadcode Markets Review

Category: Reviews | Author: Trading Brokers | Date: January 29, 2024

Quadcode Markets is a trading platform that’s been making waves in the financial world. Operating as QUAD CODE AU LTD in Australia, Quadcode Markets is a regulated platform that offers a wide range of market instruments, including stocks, forex, cryptocurrencies, commodities, and indices. This platform sets itself apart with its expertly designed proprietary trading platform, allowing traders to navigate a variety of asset classes with ease. Whether you’re trading from your desktop, laptop, or mobile device, Quadcode Markets has got you covered. In this review, we’ll delve into the nitty-gritty of what makes Quadcode Markets tick. We’ll explore its regulation, the platforms and tools it offers, the educational resources available, the markets it covers, the types of accounts you can open, and the funding options at your disposal. So, whether you’re a seasoned trader or a newbie looking to dip your toes into the world of trading, stick around as we unpack what Quadcode Markets has to offer. Let’s dive in!

Pros & Cons

  • Offers 24/7 customer support through various channels, including email and social media
  • Regulated by ASIC, providing a sense of security for traders
  • Low spreads, starting at 0.0001 pips 
  • Offers a proprietary, user-friendly trading platform with a wide range of built-in features and options
  • Provides a diverse selection of tradable CFDs assets
  • Restricted country range
  • The platform offers only CFDs
  • Traders cannot earn passively because there are neither investment solutions nor a referral program
  • Technical support responds promptly, but it is available only by email and in the user account
  • Limited account types

Summary

Quadcode Markets

Quadcode Markets

Quadcode Markets is a relatively new player in the online trading space, having been founded in 2021. But in its short time operating, it’s made some waves by offering a solid all-around trading experience. At its core, Quadcode Markets provides a proprietary web-based trading platform packed with handy features for analyzing markets and managing trades. We’re talking hundreds of technical indicators, risk management tools, integrated trading calculators, economic calendars – the works.

This makes it easy for traders to set up their game plan and execute trades efficiently. And when it comes to assets, Quadcode Markets has traders covered there too. You can trade CFDs on all the major markets – we’re talking forex, stocks, commodities, indices and both major and minor cryptocurrencies.

The team behind the platform is no slouch either. Quadcode Markets operates under the regulation of heavy hitters like ASIC, CySEC and SCB. This ensures oversight and accountability in a space not always known for it. And customer service wise, support reps are on hand 24/7 to field questions and concerns via email or social channels.

So all in all, Quadcode Markets brings all the ingredients you want to see in a modern brokerage – an intuitive trading platform, comprehensive asset coverage, tight spreads, and multiple layers of regulation and security. For traders looking for an innovative new player in the space, Quadcode Markets checks a lot of boxes.

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AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Regulation

When it comes to trading, one of the first things you want to check out is whether the platform you’re using is regulated. And guess what? Quadcode Markets ticks that box. Operating under the company name Quad Code AU Ltd, this platform is regulated by the Australia Securities & Investment Commission (ASIC) with license number 327075. This isn’t just a rubber stamp, folks. ASIC is a Tier 1 regulator, which means it’s one of the top dogs in the world of financial regulation. So, you can rest easy knowing that Quadcode Markets is playing by the rules.

But that’s not all. Quadcode Markets also operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC) with registration number 4090, ensuring a secure trading environment.

The broker is also registered with the Securities Commission of the Bahamas (SCB). While SCB is not as well-regarded as ASIC or CySEC, it is fairly standard for brokers’ global branches to be registered with such entities.

Furthermore, Quadcode Markets is registered with the National Securities Market Commission (Comisión Nacional del Mercado de Valores, CNMV) in Spain, Financial Conduct Authority (FCA) in UK, and the Financial Supervision Authority (Finantsinspektsioon) in Estonia. These bodies aim to ensure the stability and transparency of the financial markets, protect investors, and regulate the behavior of all parties involved in the savings, credit, investment, and insurance markets.

This means that they’ve got multiple watchdogs keeping an eye on them, which is always a good thing in the world of finance. So, if you’re looking for a trading platform that’s got its regulatory ducks in a row, Quadcode Markets is a solid choice. But remember, it’s always a good idea to explore all your options and make sure the regulation is legit and up to date by checking for yourself. Please see a list of regulated brokers for some alternative options.

Platforms & Tools

Quadcode Markets has a pretty slick setup when it comes to platforms and tools. Whether you’re a Windows or macOS user, they’ve got you covered with their desktop apps. Not at your desk? No problem. They’ve got a web-based platform and mobile apps for both Android and iOS. So, you can trade on the go, whenever the mood strikes.

Quadcode Markets Platform

Quadcode Markets Platform

Quadcode Markets also offers a suite of tools designed to help you navigate the markets like a pro:

  • Risk Management Tools: These are like your safety net in the world of trading. While they can’t guarantee success (if only!), they do provide an extra layer of protection to help manage potential losses.
  • Calculator: This handy tool is a trader’s best friend. It helps you crunch the numbers and make informed decisions about your trades.
  • Economic Calendar: This is like your personal trading assistant, keeping you up-to-date with all the important financial events that could impact the markets.
  • Charting Tools: These are your roadmap to the markets. With over 100 popular indicators and up to 9 charts displayed, these tools help you analyze market trends and identify patterns.

So, whether you’re a seasoned trader or just starting out, Quadcode Markets has a range of tools to help you navigate the markets. And with their user-friendly interface, you’ll be trading like a pro in no time.

Education

Education is key in the world of trading, and Quadcode Markets knows this. They’ve put together a range of educational resources to help you get up to speed on all things trading. Let’s break it down:

  • Forex Education: If you’re looking to dive into the world of forex trading, Quadcode Markets has got you covered. They offer a series of video tutorials that cover practical topics like “Opening a Position” and “Navigating Account Settings”.
  • Cryptocurrency Education: Interested in trading cryptocurrencies? Quadcode Markets offers educational resources that cater to both mainstream crypto enthusiasts and those interested in less common alternatives.
  • Fintech Education: As a leading fintech provider, Quadcode Markets offers educational resources that bring financial software to the next level.
  • Industry Terms: Not sure what a certain term means? Quadcode Markets has a glossary of industry terms to help you navigate the jargon.

While their educational resources are primarily composed of video tutorials, they are quite narrow and cater mainly to new traders. So, if you’re looking for more comprehensive educational resources, you might need to extend your search beyond Quadcode Markets. But for those just starting out or looking to brush up on the basics, Quadcode Markets offers a solid foundation.

Markets

Quadcode Markets offers a diverse selection of tradable CFDs assets, so you’ve got plenty of options to choose from.

  • Stocks (CFD): Fancy trading shares of your favorite companies? Quadcode Markets offers CFDs on a wide range of stocks, so you can get in on the action without having to buy the actual shares.
  • Forex (CFD): If currency trading is more your thing, Quadcode Markets has got you covered. They offer a range of forex pairs for you to trade.
  • Crypto (CFD): For those who like to ride the crypto wave, Quadcode Markets offers CFDs on a variety of cryptocurrencies. Whether you’re into Bitcoin, Ethereum, or something a bit more niche, they’ve got you covered.
  • Commodities (CFD): If you’re interested in trading commodities like gold, oil, or wheat, Quadcode Markets offers CFDs on a range of commodities.
  • Indices (CFD): Want to trade on the overall performance of a market? Quadcode Markets offers CFDs on a variety of global indices.

Remember, CFDs are complex instruments and entail a high risk of losing money rapidly due to leverage. So, make sure you understand the risks before you dive in.

Accounts

When it comes to trading, it’s all about options, right? Well, Quadcode Markets keeps it simple with their account offerings. They offer a single powerful account that gives you access to all their trading tools, instruments, and features. This means you don’t have to worry about choosing between different account types or missing out on certain features. Everything is right there at your fingertips, no matter how much you’re trading with.

Speaking of trading, the minimum deposit required to open a trading account with Quadcode Markets is just $25. That’s right, for less than the cost of a fancy dinner, you can start trading on a platform that offers leverage varying by asset class: 1:5 for stocks, 1:30 for forex, 1:2 for cryptocurrencies, 1:20 for commodities, and 1:20 for indices. But remember, with great power comes great responsibility. Leveraged positions can also attract losses based on market conditions, so it’s important to trade wisely.

And if you’re just starting out or want to try out some new strategies, Quadcode Markets also offers a demo account where you can practice your trades. Opening an account is a breeze. Just do a quick sign-up, make your minimum deposit, and you’re good to go. And don’t worry, Quadcode Markets provides a secure environment for traders to open accounts and manage their funds. For KYC, you’ll need to provide a valid ID and proof of address. So, whether you’re a seasoned trader or just starting out, Quadcode Markets makes it easy to get started.

Funding

When it comes to funding your account, Quadcode Markets offers a smorgasbord of options to choose from.

  • E-Wallets: If you’re all about that digital life, you’ll be happy to know that Quadcode Markets accepts payments from a variety of e-wallets. It’s quick, it’s easy, and it’s perfect for those who prefer to keep things digital.
  • Bank Card Payments: More of a traditionalist? No problem. Quadcode Markets accepts payments from both Visa and Mastercard. Just whip out your card, enter your details, and you’re good to go.
  • Wire Transfer Options: If you prefer to do things the old-fashioned way, Quadcode Markets also offers wire transfer options. It might take a bit longer, but it’s a solid choice for those who prefer a more traditional approach.

Now, it’s important to note that payment providers may have particular transaction limits, restrictions, and requirements which are specified on their respective websites. Also, keep in mind that certain withdrawals may take longer than expected since processing time also depends on the payment service provider and the payment method.

And one more thing: if your account is not fully verified, specific limitations may apply on particular deposit methods in some countries. When withdrawing funds to a bank card, it may take up to 21 calendar days for the issuing bank to process the payment. Unfortunately, Quadcode Markets cannot speed up this process. So, whether you’re a digital native or a traditionalist, Quadcode Markets has a funding method to suit your needs.

Conclusion

After reviewing Quadcode Markets in-depth, it’s clear they offer a lot to like for traders. With strong regulation, a proprietary trading platform packed with features, competitive spreads, and good customer support, they check many of the boxes you want to see in a broker. However, it’s worth noting that while Quadcode Markets offers strong features, there are other brokers with longer track records that might be worth considering as alternative options. For additional choices, we encourage you to explore our trading brokers reviews. At the end of the day, choosing a broker comes down to your individual needs and preferences as a trader. But Quadcode Markets certainly makes a strong case if you’re looking for an innovative platform with tight spreads and solid regulatory oversight. Just keep in mind there are other fish in the sea, so be sure to survey all your options before deciding.

quadcode_markets_logo

$25

Quadcode Markets is a regulated online broker offering a proprietary trading platform and a wide range of tradable CFD assets, with a focus on a user-friendly experience and customer support.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.


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