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QuickTrade -

Score

1.40 /10
Danger

QuickTrade

South Africa

2-5 years

Suspicious Regulatory License

Suspicious Overrun

High potential risk

https://www.quicktrade.world

Influence

B

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Score

Regulatory Index0.00

Business Index6.18

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

QuickTrade Inc

Company Abbreviation

QuickTrade

Platform registered country and region

South Africa

Company website

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  • 27766147399

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The South AfricaFSCA regulation (license number: 45262) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

News

NewsWIKIFX REPORT: The Financial Market Demo – Become a Better Trader Without Losing a Cent

Demo accounts are offered all over the internet, and customers who visit financial websites are frequently bombarded with offers to open one. Demo account trading can be thought of as a more advanced version of paper trading.

WikiFX
2022-05-23 16:47
WIKIFX REPORT: The Financial Market Demo – Become a Better Trader Without Losing a Cent

NewsWIKIFX REPORT: How to Practice CFD Trading Without Losing Any Money

CFD trading allows you to speculate on the price of a market in the future, going 'long' if you believe it will rise and'short' if you believe it will decrease. This article walks you through the steps of trading CFDs, from opening an account to canceling a position, and includes examples of CFD trades.

WikiFX
2022-05-23 16:40
WIKIFX REPORT: How to Practice CFD Trading Without Losing Any Money

NewsWIKIFX REPORT: The Definitive Guide to Successful Financial Market Trading

Many people still regard trading the financial markets as a complicated ​and risky business, but neither of these assumptions are correct. If you know what you are doing and stick to the very basic rules of dealing then there is no reason at all why you cannot make life-changing amounts of money for as long as you keep trading. If you are ready to take your first big step into the ebbing, follow our article, read, understand and implement the ideas involved.

WikiFX
2022-05-23 14:37
WIKIFX REPORT: The Definitive Guide to Successful Financial Market Trading
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User Reviews

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User comment

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Comments

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Mim Prachumphan
more than one year
Even though QuickTrade's website seems solid, I tend to look for answers from users...I didn't find many user reviews, let alone good reviews. To be on the safe side I won't trade here.
Even though QuickTrade's website seems solid, I tend to look for answers from users...I didn't find many user reviews, let alone good reviews. To be on the safe side I won't trade here.
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2023-02-22 11:39
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MS1241
more than one year
One of only three fully licensed brokers in South Africa, with the correct ODP and FSCA licensing. They have online and WhatsApp support. Also the only broker I've ever dealt with where the CEO has weekly Q&A Zoom sessions with his clients. They have their own licensed MT5 software platform although I prefer Trading View for analysis. They offer signals, up to 3 a day, although to be honest they are not always winners. And the spreads on indices are not fantastic. But overall, best I've used.
One of only three fully licensed brokers in South Africa, with the correct ODP and FSCA licensing. They have online and WhatsApp support. Also the only broker I've ever dealt with where the CEO has weekly Q&A Zoom sessions with his clients. They have their own licensed MT5 software platform although I prefer Trading View for analysis. They offer signals, up to 3 a day, although to be honest they are not always winners. And the spreads on indices are not fantastic. But overall, best I've used.
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2023-01-28 01:55
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