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QuickTrade

WikiFX | 2025-04-29 12:07

Abstract:QuickTrade is an online CFD trading platform that offers many tradable assets, mainly including commodities, currencies, U.S. equities, and indices. The platform offers 100% FTD Bonus Trading accounts and Islamic Trading Accounts for clients through MetaTrader 5. However, they do not specify any fees for deposits and withdrawals.

QuickTrade Review Summary
Founded2021
Registered Country/RegionSouth Africa
RegulationSuspected Fake Clone
Market InstrumentsCommodities, Currencies, US Equities, and Indices
Demo AccountNot Mentioned
LeverageNot Mentioned
SpreadStarting from 0 pips
Trading PlatformMT5
Min DepositNot Mentioned
Customer Supporthello@quicktrade.world
+27 82 908 3332

QuickTrade Information

QuickTrade is an online CFD trading platform that offers many tradable assets, mainly including commodities, currencies, U.S. equities, and indices. The platform offers 100% FTD Bonus Trading accounts and Islamic Trading Accounts for clients through MetaTrader 5. However, they do not specify any fees for deposits and withdrawals.

QuickTrade Information

Pros and Cons

Pros Cons
  • Supports Meta Trader 5
  • Suspected Fake Clone
  • Offers two account types
  • Limited information on trading fees
  • Offers multiple assets to trade

Is QuickTrade Legit?

QuickTrade once had a Financial Service Corporate license, but it is now in the state of Suspected Fake Clone.

Regulatory Status Suspected Fake Clone
Regulated by South Africa
Licensed Institution The Financial Sector Conduct Authority (FSCA)
Licensed TypeFinancial Service Corporate
Licensed Number45262
Is QuickTrade Legit?

What Can I Trade on QuickTrade?

QuickTrade offers many tradable assets, mainly including commodities, currencies, U.S. equities, and indices. Although there is no metal trading or bond trading, you still have a good mix of investment options.

Tradable Instruments Supported
Currencies✔
Commodities✔
US Equities✔
Indices✔
Bond❌
Shares❌
Metals❌
What Can I Trade on QuickTrade?

Account Type

QuickTrade offers bonus trading accounts and Islamic trading accounts.

100% FTD Bonus Trading account:

QuickTrade offers a bonus trading account with a 100% deposit bonus for first-time users. This bonus is typically placed in a separate trading account, allowing traders to potentially increase their trading margin. Note that minimum and maximum deposit amounts may apply, and the bonus itself usually cannot be withdrawn.

Account Type

Islamic Trading account

QuickTrade's Islamic Trading Account is designed for clients who follow Islamic principles by not involving swap or interest charges. Instead, the trading process focuses on profit-sharing mechanisms and ethical compliance with Islamic finance principles.

 Islamic Trading account

QuickTrade Fees

QuickTrade charges commissions per point for CFD instruments like Brent Crude Oil, Gold, Natural Gas, WTI, Platinum, and Palladium. They also list spreads for similar CFD commodity instruments, including Silver. But the specific number is not mentioned.

QuickTrade Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔PC and MobileInvestors of all experience levels
Trading Platform

Deposit and Withdrawal

QuickTrade offers various funding methods, including bank transfers, card payments (Visa, Mastercard), and several online payment processors like Skrill, OPay, Ozow, and others. However, they do not specify any fees for deposits and withdrawals.

Deposit and Withdrawal

Related broker

Unverified
QuickTrade
Company name:QuickTrade (Pty) Ltd
Score
1.47
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.47

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