Abstract:QRSFX, founded in 2020, is a brokerage registered in Australia. It provides forex pairs, commodities, CFDs for traders to trade. It is regulated by Australia.
QRSFX Review Summary | |
Founded | 2020 |
Registered Country/Region | Australia |
Regulation | ASIC |
Market Instruments | Forex pairs, Commodities, CFDs |
Account Type | QRS Cent Account, QRS Freedom Account, QRS Standard Swap Free Account, PRO MT5 Account. |
Trading Platform | MT5 |
Maximum Leverage | 1:1000 |
Min Deposit | $10 |
Spreads | 0.8-1.6 pips |
Commissions | No |
Customer Support | Phone: 677 264 514 |
Email: support@qrsfx.com | |
Physical Address: 2 132 Epsom Rd Zetland NSW 2017.49 Sukonthasawat Road, Lad Prao, Bangkok |
QRSFX, founded in 2020, is a brokerage registered in Australia. It provides forex pairs, commodities, CFDs for traders to trade. It is regulated by Australia.
Pros | Cons |
Regulated | No information on deposit and withdrawal methods |
MT5 supported | No MT4 supported |
No commissions | Limited information on market instrument |
Low spreads | |
High leverage | |
No demo accounts provided |
QRSFX is regulated by Australia. It has 1 type of license - ASIC. Its license type is Appointed Representative(AR).
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
Australia | ASIC | QRS GLOBAL (AUSTRALIA) PTY LTD | Appointed Representative(AR) | 001309317 | Regulated |
QRSFX offers traders Forex pairs, Commodities, CFDs.
Tradable Instruments | Supported |
Forex pairs | ✔ |
Commodities | ✔ |
CFDs | ✔ |
Shares | ❌ |
ETFs | ❌ |
Cryptocurrencies | ❌ |
Currencies | ❌ |
Metals | ❌ |
Indices | ❌ |
Futures | ❌ |
Options | ❌ |
QRSFX provides 4 types of accounts - QRS Cent Account, QRS Freedom Account, QRS Standard Swap Free Account, PRO MT5 Account.
Account Type | QRS Cent Account | QRS Freedom Account | QRS Standard Swap Free Account | PRO MT5 Account |
Account Currency | USC | USD | USD | USD |
Min Deposit | $1000 USC | $10 USD | $10 USD | $1000 USD |
Leverage | 1:1000 | 1:1000 | 1:1000 | 1:1000 |
Spreads | Begin with 1.6 pips | Begin with 1.3 pips | Begin with 1.6 pips | Begin with 0.8 pips |
Swap | No | No | No | Yes |
Commission | No | No | No | No |
QRSFX charges no commissions for per trade. Its spread is 1.6 pips for QRS Cent Account, 1.3 pips for QRS Freedom Account, 1.6 pips QRS Standard Swap Free Account, 0.8 pips for PRO MT5 Account.
QRSFX's trading platform is MT5 platform, which support traders on PC,Mac,iPhone and Android.
Trading Platform | Supported | Available Devices |
MT5 Margin WebTrader | ✔ | Web, Mobile |
MT4 | ❌ |
FBK Markets, a young South African forex broker, targets both beginners and experienced traders within this region. This broker shines at its low minimum deposit required, 100% deposit bonus, and flexible account options, yet we cannot consider it reliable as it operates without any regulation. Furthermore, it features an approximately 70% withdrawal failure rate.
Malaysian authorities have intensified their investigation into the TriumphFX foreign exchange investment scam, resulting in the arrest of five individuals linked to the fraudulent scheme.
Trade Nifty 50 Index Futures with Interactive Brokers. Access India’s top 50 firms, diversify portfolios, and manage risk on a powerful trading platform.
Trade345, a young South African broker, has gained some regional popularity, but lacks an established reputation. Trade245 offers access to FX pairs, indices, stocks and commodities CFDs with operation on both MetaTrader 4 and MetaTrader 5. Although this broker only asks for a modest minimum deposit, it does not shine on trading costs. Besides, this broker heavily relies on bonuses to attract new investors and it does not provide trading signals.