Quadcode Markets Review | Is It Scam Or Legit ?

Quadcode Markets Review

Founded in 2021 and rooted in Australia, Quadcode Markets serves as your gateway to a diverse array of CFD trading opportunities. Whether you are eyeing the forex market, commodities, indices, stocks, ETFs, or cryptocurrencies, they have all these options. Additionally, their platform is designed to empower both experienced traders and new traders, offering an intuitive interface that simplifies the trading process.

As you dive into the Quadcode experience, you will find a rich tapestry of assets waiting to be explored. Yet, transparency is their hallmark, and their fee structure may not always align with industry norms. Nonetheless, their commitment to providing top-tier service remains unwavering. Let’s see more detail on this Quadcode review.

Our Takeaways on Quadcode

  • Your security is their top priority. Regulated by CySEC, ASIC, and SCB, we provide top-tier protection for your investments. With negative balance protection and segregated client funds, you can trade with peace of mind, knowing your assets are safe and secure.
  • While some brokers may charge exorbitant fees, Quadcode Markets aims to maintain fairness. Their fees, though slightly above average for certain instruments, ensure quality service without breaking the bank.
  • Trading effortlessly in the markets is made simple with Quadcode Markets’ user-friendly platform. With an array of tools and a customizable layout, the broker empower you to trade with ease and efficiency, putting control firmly in your hands.
  • Explore tremendous possibilities with Quadcode Markets. Whether it’s forex, stocks, ETFs, cryptocurrencies, commodities, or indices, we provide a wide range of markets for you to dive into and profit from.

So, you may Opt for Quadcode Markets for a trading journey that blends security, affordability, and convenience.

Quadcode Markets Regulations

Quadcode Markets got regulatory membership from different jurisdictions, but in different names. They operate as IQOption Europe Limited, Quad Code AU Ltd and High Tech Invest Ltd.

  • IQOption Europe Limited falls under the jurisdiction of the Cyprus Securities and Exchange Commission (CySEC), a regulatory authority we rate as Tier 1. This signifies the highest level of trustworthiness and oversight.
  • Quad Code AU Ltd operates under the oversight of the Australian Services & Investments Commission (ASIC), another Tier 1 regulator in our rating system. This ensures stringent standards and investor protection.
  • High Tech Invest Ltd is regulated by the Securities Commission of the Bahamas (SCB), rated as a Tier 3 regulator. While still providing oversight, Tier 3 signifies a slightly lower level of regulatory stringency compared to Tier 1.

So, their commitment to regulatory compliance means you can trade with confidence, knowing that your investments are safeguarded by reputable regulatory bodies.

RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Diverse Tradable Instruments at Quadcode Markets

At Quadcode Markets, traders are spoiled for choice with a wide array of tradable instruments spanning various asset classes. Here’s a breakdown of what’s available:

  • Forex Pairs: 54 Options: From major currency pairs like EUR/USD to exotic options, Quadcode Markets offers a comprehensive selection to cater to diverse trading strategies and preferences.
  • Commodities: 9 Choices: Traders can tap into the volatility of popular commodities such as Gold, WTI Oil, and Natural Gas, providing opportunities for both short-term and long-term trading.
  • Indices: 12 Options: Major indices including S&P 500, DAX, and Dow Jones are at your fingertips, allowing traders to capitalize on global market movements with ease.
  • Stocks: 266 Possibilities: With access to stocks from various countries including the U.S., Germany, China, and more, Quadcode Markets empowers traders to build diverse portfolios and seize opportunities in global markets.
  • ETFs: 27 Selections:Popular ETFs like SPY, JNUG, and TLT are part of Quadcode Markets’ offering, enabling traders to gain exposure to specific sectors or market segments.
  • Cryptocurrencies: 26 Choices: Whether it’s Bitcoin, Cardano, or more exotic options like Aptos and Qtum, Quadcode Markets provides access to a broad range of cryptocurrencies for traders seeking exposure to this dynamic asset class.

Quadcode Markets Account Types

Quadcode believes in streamlining the trading experience for the traders, eliminating the need to navigate through various account types with different features and benefits.

With their single account option, you can trade with ease, knowing that you have access to all the tools and resources needed to succeed in the financial markets.

Operating on a spread and swap/rollover fee structure, Quadcode account ensures transparency and fairness in their pricing. Plus, with the absence of commission charges, you can focus on maximizing your trading opportunities without worrying about additional fees.

Quadcode Markets Trading Platforms and Tools:

Quadcode Markets prides itself on its proprietary trading platform, available across desktop, web, and mobile devices. Designed with modern traders in mind, their platform combines sleek aesthetics with intuitive navigation.

Desktop and Web Platforms

Navigating through the Quadcode Markets platform is a breeze, thanks to its user-friendly interface. Noteworthy features include integrated broker chat support, aiding novice traders in seeking immediate assistance. Additionally, traders can easily identify popular assets through watchlists and view spread sizes without manual calculations. A demo account is also available for risk-free practice.

Charting Tools

Quadcode platform offers a robust selection of charting tools, boasting 99 indicators and 18 timeframes. From Momentum to Moving Averages, traders can customize charts to suit their needs. For advanced users, Quadcode Markets supports custom indicator creation using Quadcode Script language based on Lua 5.3.


Quadcode Markets facilitates various order types to accommodate diverse trading strategies:

  • Market Order: Instantly executes trades at current market prices.
  • Limit Order: Sets buy or sell prices at predetermined levels.
  • Stop Loss Order: Automatically exits positions to limit losses.
  • Take-Profit Order: Locks in profits at specified price points.

Key Takeaways

After thorough testing, the Quadcode Markets Desktop Platform emerged as a well-designed and efficient tool for traders. Its superior speed over the web version makes it particularly suitable for active trading.

Mobile App

The Quadcode Markets Mobile App for Android mirrors the functionality of its desktop counterpart, offering a seamless trading experience on the go.

General Ease of Use

The mobile app provides essential trading tools, including real-time quotes, account insights, news updates, and economic calendars. Its intuitive interface ensures a smooth transition for traders across devices.

Charting Tools

With 99 technical indicators, 5 drawing tools, 18 time frames, and 4 chart types, the mobile app empowers traders with comprehensive charting capabilities.


In the mobile app, traders can execute market, limit, stop loss, and take-profit orders with ease.

Key Takeaways

During testing, the Quadcode Markets Mobile App demonstrated its versatility by offering a wide range of features typically found in desktop platforms. While advanced charting may be challenging on smaller screens, the availability of such tools remains beneficial for traders on the move.

Deposit and Withdrawal

Quadcode Markets offers a range of deposit options to suit the diverse needs of their clients. You can fund your account using credit cards, bank transfers, and e-wallets, with support for EUR, GBP, and USD currencies. Notably, they do not impose any fees for deposits, ensuring that you can allocate your funds without unnecessary expenses.

You can initiate deposits via credit cards, bank transfers, and popular e-wallets like Skrill and Neteller. The minimum deposit requirement is 250 in the base currency of your choice.


Withdrawal Methods

When it comes to withdrawals, Quadcode Markets maintains the same level of convenience and flexibility. Withdraw your funds through bank transfers, Skrill, or Neteller, with support for EUR, GBP, and USD currencies. Similar to deposits, they do not charge any withdrawal fees, ensuring that you retain maximum value from your trading profits.

Clients can initiate withdrawals through bank transfers, Skrill, or Neteller. The minimum withdrawal amount for bank transfers is 100 in the base currency, while Skrill allows withdrawals in just 2 base currencies.

For Neteller, the minimum withdrawal amounts are 10 GBP, 11 EUR, or 13 USD, providing flexibility to our clients based on their preferences.


Quadcode Markets has fee structure depending on the trading conditions. Following are the detail fees of Quadcode review.

Spreads at Quadcode Markets

Quadcode Markets’ trading fees are slightly higher compared to the industry average. While spreads for popular pairs like EUR/USD and commodities like WTI oil remain reasonable, other instruments may carry higher charges.

Quadcode Markets Trading Fees

I examined Quadcode Markets’ Standard Account, which features spreads and swap/rollover fees but does not include commissions.

Quadcode Markets Spreads

During our analysis, I observed spreads at two peak trading times: the London open at 8:00 a.m. UK time and just after the US open at 2:45 p.m. UK time.

Our testing revealed moderate spreads for EUR/USD and WTI Oil. However, spreads for GBP/JPY, Gold, Apple, Tesla, Dax, Dow Jones, and Bitcoin were comparatively high.

Swap Fees

Quadcode Markets’ swap fees for EUR/USD and GBP/JPY were found to be high during our analysis

Non-Trading Fees

In addition to trading fees, Quadcode Markets imposes a $10 dormant account fee for accounts inactive for at least 90 consecutive days.

Research Tools at Quadcode Markets

Quadcode Markets understands the importance of staying informed in the dynamic world of trading. The brokerprovides essential research tools to help their clients make informed decisions, although their scope of coverage may be somewhat limited.

News Feed

Within the Market Analysis section of Quadcode proprietary platform, users can access a curated news feed sourced from top financial websites. This feature aggregates relevant news articles, keeping traders updated on market events and developments that may impact on their investments.

Economic Calendar

Quadcode platform also includes an economic calendar, allowing users to track key economic indicators and scheduled announcements. By staying well-informed of economic data releases, traders can anticipate market movements and adjust their strategies accordingly.

Earnings Schedule

In addition to the economic calendar, Quadcode Markets offers an earnings schedule. This feature enables traders to monitor corporate earnings announcements, providing insights into the financial performance of publicly traded companies.

Education Resources at Quadcode Markets

While Quadcode’s educational offerings may be limited, they strive to provide valuable resources to support new traders in navigating our platform.

Their primary educational resource consists of a series of concise video tutorials designed to assist new traders in familiarizing themselves with our trading platform. These tutorials cover practical topics such as account setting, creating position, demo and real account switching, accessing economic calendar and margin. While these tutorials serve as a helpful starting point, they may not fully satisfy the educational needs of all traders.

Customer Support

At Quadcode Markets, they prioritize providing exceptional customer support to assist our clients every step of the way. They offer around-the-clock assistance through phone and email channels, ensuring that help is always just a call or message away.

In addition, their live chat feature is available exclusively through the proprietary trading platform, providing convenient access to immediate assistance for our traders. Whether you have questions about account management, trading strategies, or technical issues, their dedicated support team is here to provide prompt and helpful responses.

Final Words

In conclusion, Quadcode Markets emerges as a reputable brokerage with robust regulatory oversight from CySEC, ASIC, and SCB, ensuring clients’ security through measures like negative balance protection and segregated accounts. The diverse asset portfolio, including cryptocurrencies, caters to a broad range of traders. While the proprietary platform offers intuitive navigation and advanced tools, spreads may be higher than industry norms. Standard payment methods are available for EU-based clients. However, educational and research resources are limited, necessitating supplementary learning.

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