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QCG Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-29 19:05

Abstract:Founded in 2021, QCG is a forex broker registered in Saint Vincent and the Grenadines, offering 200+ trading instruments, including forex pairs, precious metals, indices, shares, cryptocurrencies, oil and energy, with flexible leverage ratios ranging from 1:30 to 1:500 and spread from 1.6 pips on the Standard account via cTrader and Quantum capital global trader platforms. However, their NFA license is exceeded.

QCG Review Summary
Founded2021
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNFA (Exceeded)
Market Instruments200+, forex pairs, precious metals, indices, shares, cryptocurrencies, oil and energy
Demo Account✅
Leverage1:30-1:500
SpreadFrom 1.6 pips (Standard account)
Trading PlatformcTrader, Quantum capital global trader
Copy Trading✅
Min Deposit/
Customer Support24/7 support
Contact form
Tel: +84906712961
Email: support@qcgbroker.com
Address: 63d Võ Văn Tần Phường 6, Quận 3, Thành phố Hồ Chí Minh, 700000 Vietnam

Overview of QCG

  Founded in 2021, QCG is a forex broker registered in Saint Vincent and the Grenadines, offering 200+ trading instruments, including forex pairs, precious metals, indices, shares, cryptocurrencies, oil and energy, with flexible leverage ratios ranging from 1:30 to 1:500 and spread from 1.6 pips on the Standard account via cTrader and Quantum capital global trader platforms. However, their NFA license is exceeded.

QCG's homepage

Pros and Cons

ProsCons
Diverse range of tradable assetsExceeded NFA license
Multiple account typesNo MT4/5
Availability of demo accountsUnknown minimum deposit
Flexible leverage ratiosNo info on payment options
Copy trading
24/7 customer support

Is QCG legit?

  No, QCG currently has no valid regulations. The claimed Common Business Registration license from the National Futures Association (NFA) is exceeded.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
National Futures Association (NFA)ExceededQUANTUM CAPITAL GLOBAL LTDCommon Business Registration20241916605
Exceeded NFA license

Market Instruments

Tradable Instruments Supported
Forex pairs✔
Precious metals✔
Indices✔
Shares✔
Cryptocurrencies✔
Oil & energy✔
Bonds❌
Options❌
ETFs❌
Market Instruments

Account Types

  QCG provides 6 account types, including Standard Account, ECN Account, Swap-Free Account, Virtual Account, Social Copy Trade Account, Promotion Account.

Account comparison

Leverage

  QCG provides leverage ranging from 1:30 to 1:500. However, it's important to note that while high leverage can enhance potential gains, it also significantly increases the level of risk. Trading with such a high leverage ratio requires careful risk management and a thorough understanding of the market dynamics.

Spread

Account TypeSpread
Standard From 1.6 pips
ECN0 pips
Swap-FreeFrom 1.6 pips
VirtualNo spread
Social Copy Trade/
PromotionFrom 1.6 pips

Trading Platform

  CG offers two trading platforms, cTrader and Quantum capital global trader, each with its own distinct features and advantages.

  cTrader is a widely recognized and robust trading platform. It provides advanced charting tools, ultrafast order execution, access to Level II pricing, and a user-friendly interface. Traders can analyze the markets, customize their charts, and automate their trading strategies using cAlgo.

  Quantum capital global trader, on the other hand, is a professional trading platform designed for brokers. It offers proprietary technology, a full server setup for complete control, advanced in-house technology, and white label solutions. Traders using Quantum capital global trader can benefit from a user-friendly interface, advanced charting tools, multiple order types, and automated trading capabilities with Expert Advisors (EAs).

  Both platforms provide traders with a comprehensive and efficient trading experience, but cTrader is more geared towards individual traders, while Quantum capital global trader is tailored for brokers looking to offer a robust trading solution to their clients.

Trading PlatformSupported Available Devices Suitable for
cTrader✔Desktop, Web, Android/
Quantum capital global trader✔Windows, iPhone, Tablet, Android/
MT4❌/Beginners
MT5❌/Experience traders
cTrader
Quantum capital global trader

Related broker

Over-Operation
QCG
Company name:Quantum Capital Group
Score
2.66
Website:https://home.qcgexchange.com
2-5 years | Regulated in United States | Common Business Registration | cTrader
Score
2.66

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