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Quadcode Markets

Quadcode Markets

Information about the broker Quadcode Markets

Rating: 2
Jurisdiction: Australia
Regulators: CySEC, ASIC
Foundation date: 2022
Site: https://quadcodemarkets.com

Brief information Quadcode Markets

The company Quadcode Markets is a European CFD broker operating through a proprietary trading platform. Launched in 2022, the brand entered the European market in 2023 and belongs to the same financial group as IQ Option and IQ Broker. European clients are served by IQBroker Europe Ltd, formerly IQOption Europe Ltd, which has held CySEC licence No. 247/14 since 2014. 

The regulator includes quadcodemarkets.com in its list of approved domains. The company’s registered office is located at 82nd Road, No. 4, Kato Polemidia, 4153 Limassol, Cyprus. The Australian branch operates separately under the supervision of ASIC.

The company manages two websites:

  • quadcodemarkets.com — the main website containing information about the broker, its services and legal documents;

  • trade.quadcodemarkets.com — the trading terminal and client account area.

To contact customer support, clients can use the email address support.au@quadcodemarkets.com or submit a request through the feedback form on the company’s website. The broker also lists its office at Suite 23.03, Level 23, 259 George Street, Sydney, NSW 2000.

Quadcode Markets

QuadcodeMarkets trading terms

Orders are placed through the broker’s proprietary terminal, available in a browser and as desktop and mobile applications. The broker offers CFD trading on 

  • forex, 

  • stocks, 

  • indices, 

  • ETFs, 

  • commodities,

  • cryptocurrencies. 

The platform includes charts, indicators, drawing tools, market news and several order types.

Quadcode Markets

Trading accounts at Quadcode Markets

The European version of QuadcodeMarkets offers two basic account modes:

  • a demo account with a refillable virtual balance of $ 10000;

  • a real account used for CFD trading with deposited funds. The minimum initial payment for European users starts at EUR 20

The demo version gives access to the platform’s main functions and allows users to test orders, charts and indicators without risking their own money. Results obtained with virtual funds do not guarantee comparable performance after switching to live trading.

The leverage for retail clients is 1:30, while professional traders who meet the established criteria can access higher leverage ratios. Trading costs include variable spreads and overnight swaps; after 90 days of inactivity, a fee of up to 10 euros may be charged. The broker warns that 78% of retail accounts lose money when trading CFDs.

Registration and personal account on quadcodemarkets.com

A new client creates an account by providing an email address, choosing a password, and confirming their country of residence. The broker may also ask the applicant to fill out a questionnaire regarding their trading experience, financial situation, and understanding of the risks associated with CFDs.

The company also requires proof of identity. 

Deposits and withdrawals with QuadcodeMarkets

Available payment methods depend on the client’s country. The European website mentions:

  • Visa and Mastercard;

  • Skrill;

  • Neteller;

  • PayPal;

  • bank transfers.

Card and electronic-wallet deposits are generally credited instantly, whereas a bank transfer may take 3-5 business days. Payments must be made from an account or wallet registered in the client’s own name. The platform  states that it does not charge an internal withdrawal commission. However, banks, payment services and currency-conversion providers may impose their own fees. 

Conclusion about Quadcode Markets

The brokerage company Quadcode Markets is not an anonymous trading platform: its European operator is registered and licensed. The broker offers its own trading platform, a replenishable demo account, and CFDs on several categories of financial instruments. The entry barrier is relatively low; however, before making a deposit, traders should familiarize themselves with the spreads, overnight fees, and inactivity fees.

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Trader Reviews

I paid Quadcode Brokerage Solutions a $6000 advance to develop a binary options platform within four weeks. More than three months have passed, but I have received neither a working product nor a refund. The team gradually stopped responding, while the original terms changed without explanation. I have now sent a formal legal notice and am considering complaints to the relevant regulators. Based on my experience, the company failed to deliver its service and made no real effort to resolve the dispute.

  • 15 hours ago

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