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Offshore Regulated
Score
1.34 /10
Danger
QDM
2-5 yearsRegulated in Seychelles
Retail Forex License
High potential risk
Offshore Regulated
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Exposure
Time Machine
Website
Score
Regulatory Index3.92
Business Index5.69
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
VPS Standard
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Warning: Low score, please stay away!
3
Previous Detection :
2024-11-10
- 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
Note: QDMs official website: www.qdme.net is currently inaccessible normally.
| QDM Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | Seychelles |
| Regulation | FSA (Offshore Regulated) |
| Market Instruments | Forex, CFDs, Metals, Commodities |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | Starting from 0.8 pips on EUR/USD pair |
| Trading Platform | MetaTrader 5 (MT5) |
| Min Deposit | $100 |
| Customer Support | Email: 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 instruments | No demo account available |
| High leverage up to 1:500 | Limited account type |
| MT5 trading platform | No 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.
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 Platform | Supported | Available Devices | Suitable for |
| MetaTrader 5 (MT5) | ✔ | Desktop, Web, Mobile | All 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. Deposit | Fees | Processing Time |
| Bank Wire Transfer | $100 | None | Varies |
| Credit/Debit Card | $100 | None | Instant |
| Skrill | $100 | None | Instant |
| Neteller | $100 | None | Instant |
| PayPal | $100 | None | Instant |
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| Bank Transfer | Not Specified | None | Standard Bank Processing |
| Crypto Payment | Not Specified | None | Depends on Network |
| PayPal | Not Specified | None | Varies |
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