Score

1.35 /10
Danger

QDM

Seychelles

2-5 years

Regulated in Seychelles

Retail Forex License

Suspicious Scope of Business

High potential risk

Offshore Regulated

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Comparison

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Exposure

Time Machine
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Score

Regulatory Index3.92

Business Index5.77

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
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40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-22
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The Seychelles FSA regulation with license number: SD074 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

QDM · Company summary

Note: QDMs official website: www.qdme.net is currently inaccessible normally.

QDM Review Summary
Founded2-5 years
Registered Country/RegionSeychelles
RegulationFSA (Offshore Regulated)
Market InstrumentsForex, CFDs, Metals, Commodities
Demo Account
LeverageUp to 1:500
SpreadStarting from 0.8 pips on EUR/USD pair
Trading PlatformMetaTrader 5 (MT5)
Min Deposit$100
Customer SupportEmail: service@qdmr.net
Phone: +1 908.731.0778
Address: Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe, Seychelles

QDM Information

QDM International Limited is a Seychelles-based broker regulated offshore by the Seychelles FSA. Leveraging the well-known MT5 platform, they provide a range of financial instruments including forex and CFDs. They serve regional investors with adjustable leverage and low trading fees.

Pros and Cons

Pros Cons
Wide range of trading instrumentsNo demo account available
High leverage up to 1:500Limited account type
MT5 trading platformNo information on payment methods
Low spreads from 0.8 pips

Is QDM Legit?

The Seychelles Financial Services Authority (FSA) with an offshore licence controls QDM International Limited. Retail Forex Licence is the licence type; licence number is SD074.

Is QDM Legit?

What Can I Trade on QDM?

To suit diverse trading tastes, QDM provides a range of financial tools. Their offerings comprise over 45 currency pairs, CFDs on spot metals, commodities, and price differentials.

Tradable Instruments Supported
Forex
Commodities
Crypto
CFDs
Indexes
Stock
ETF

Account Types

QDM provides a Standard Account with a $100 minimum deposit. The broker offers no Islamic or demonstration accounts.

Leverage

QDM offers leverage right up to 1:500. Leverage greatly raises the danger of losses but can also be a great tool for improving profits. Using large leverage calls for traders to use rigors risk management.

QDM Fees

With spreads beginning at 0.8 pips on the EUR/USD pair, QDM's fees are often competitive relative to industry averages. The broker also provides margin trading; although no information on commissions or swap rates is mentioned.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MetaTrader 5 (MT5)Desktop, Web, MobileAll traders, especially those needing advanced charting and automation features

Deposit and Withdrawal

The minimum deposit is $100 and QDM charges no fees for withdrawals or deposits. For traders, they offer ease by supporting several deposit and withdrawal strategies. Options are Bank Wire Transfer, Credit/Debit Card, Skrill, Neteller, PayPal.

Deposit Options Min. DepositFees Processing Time
Bank Wire Transfer$100NoneVaries
Credit/Debit Card$100NoneInstant
Skrill$100NoneInstant
Neteller$100NoneInstant
PayPal$100NoneInstant
Withdrawal Options Min. Withdrawal Fees Processing Time
Bank TransferNot SpecifiedNoneStandard Bank Processing
Crypto PaymentNot SpecifiedNoneDepends on Network
PayPalNot SpecifiedNoneVaries

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