Quadcode Markets’ Broker Review

FinanceFeeds Editorial Team

Quadcode Markets established itself as a top-rated, Australian-based brokerage firm that offers more than 200 tradable assets, a state-of-the-art proprietary trading platform, and quality analytics.

Quadcode Markets also delivers one of the best online trading environments that enables both novice and professional traders to gain a competitive edge. 

QCM ticks all the boxes that create a perfect trading experience. Its offering features advanced risk management tools, top-notch educational resources, and access to the top financial markets.  The broker also meets the requirements of traders of all experience levels, providing a true multi-trading platform.

QCM’s main highlight includes its proprietary Traderoom, which is intuitive, ergonomic, and offers cross-platform trading with multi-chart display, popular indicators and analytical tools. 

Is the trading environment at Quadcode Markets as good as advertised. Let’s check it out.

Licenses and Regulations

Operated by Quad Code AU LTD, Quadcode Markets holds an Australian Financial Services License (AFSL) number 327075. Trading with a highly regulated platform like QCM gives you complete peace of mind that your assets are protected.

Australian Securities & Investments Commission (ASIC) strictly obliges its authorized brokers to  segregate clients’ funds  from the Company’s funds. 

For more information on the broker’s regulatory status, you can check an extensive list of legal documents and disclosure papers on its website.

Trading Platforms

QCM offers a unique client interface called the traderoom, which enables traders to open accounts, deposit and withdraw money, pass KYC verification and trade on the go.

Fully developed in-house, traderoom was built to be customizable, easy to navigate and allows efficient position management. Traderoom is also a platform with solid technical and fundamental analysis tools, an intuitive interface and comprehensive resources.

The desktop app for Windows and MacOs comes in handy for quick access, while the mobile apps for Android and iOS ensure that you can check your trades on the go.

What is also great is the powerful web-based version that can be accessed directly from any internet browser with almost the same productivity as its desktop terminal. 

Trading Instruments

Quadcode Markets provides an impressive product catalogue that includes major asset classes spanning Forex, Stocks, Commodities and ETFs. All trading products are, in essence, contracts for difference (CFDs), which enables traders to profit from price movement without owning the underlying assets.

Overall, QCM maintains a well-balanced asset selection, offering clients in-depth diversification to deliver on its promise of being a multi-asset broker.

Research and Education

Quadcode Markets offers quality research through in-house resources with a healthy roster of market insights, offered with an extensive list of technical indicators. 

You will also get access to widgets of high and low values, news and volume which can be displayed on the chart while you’re trading. 

Traderoom’s “Templates” tab allows you to save favorite indicator combinations with the chosen settings so that you can easily and quickly apply them to any chart. 

Traderoom’s rich analytical resources are on par with the best in the industry, which makes it a great fit for novice and experienced traders. The platform also offers tutorials for those who need some more guidance and education. 

The traderoom shines when it comes to its customizable alerts and appearance. Thanks to its personalization tools, you can set alerts for price benchmarks, set keyboard shortcuts, choose the chart layout and change the appearance and color of your workspace.

QCM allows traders to combine the learning stage with practice using a demo account. With virtual accounts, you can get a sense of how the market works and become familiar with the software without risking any real money. 

Opening an Account

Opening an account at Quadcode Markets is fast, and the whole process requires only a couple of minutes. Traders need to submit basic personal information like their name, country, e-mail address, and desired password. You do not need to submit any documents to trade on the demo account and try out all the platform features. 

But as a regulated broker, if you decide to make a deposit, you will need to pass a thorough verification process. Account verification at Quadcode Markets is a mandatory step, but a swift process, to comply with the ASIC’s regulations. Most traders will satisfy verification requirements by sending copies of documents supporting their personal details (name, date of birth, citizenship etc.), investment experience as well as proof of identity and residency. 

Deposit and Withdrawal

Quadcode Markets supports many payment options that are displayed on its website. Yet, you need to check the availability and actual cost depending on the jurisdiction and payment method and also note that a minimum deposit amount of A$50 is applicable.  

To simplify the funding process, Quadcode Markets’ clients have a choice of many payment methods, including commonly used ones, such as bank cards and e-wallets.

Meanwhile, withdrawal requests are processed within the same day or the next day if sent outside working hours. Processing times also vary based on the payment method and rank from instant to a couple of business days.

Customer Support

Quadcode Markets provides professional customer support 24 hours a day, 7 days a week. QCM’s customers may reach out in several ways, including e-mail, live chat in the traderoom, phone, or the call-back option.

Customer service representatives are knowledgeable and can offer the required assistance in several areas of broker services, including payment issues, account opening, platforms, trading conditions, and more. A quality Help Portal also answers many frequently asked questions.

Verdict 

Quadcode Markets is a licensed Australian broker that offers low-cost CFD trading suitable for traders at various levels of expertise. 

The broker provides all the benefits a regular trader would expect from a full-service brokerage, including the entire spectrum of tradeable assets. Though initially focused on mainstream asset classes like forex and stocks, QCM also offers a vast range of other investment products, such as exchange-traded funds (ETFs). 

 Quadcode Markets also delivers value across its entire client experience. Its Traderoom platform offers a solid combination of professional-grade tools and a suite of beginner-friendly features.

While the affordable costs and transparency stand out, trading with a regulated broker like Quadcode Markets will also limit the potential for fraud and malpractice.

Another highlight is its wide range of assets, as it offers more than 200 tradeable instruments. Customer service is accessible 24/7.

 

The products offered by the Company are complex and entail a high risk of losing money rapidly. You should consider whether you have the appropriate knowledge and understanding of how the products work and if you can afford to take such risk. Consider reading our TMD and other legal documentation available on our website before using our services. CFD traders do not own or have any rights to the underlying assets. The information provided is general and for information purposes only and does not take into account the clients’ personal needs, objectives or financial situation; you may consider seeking independent advice.

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