quadcodemarkiets.com is a CFD brokerage registered on April 5, 2024. It primarily offers trading services in forex, metals, energy, indices, and stocks to both retail and institutional clients. This broker does not provide services to jurisdictions where doing so may violate local laws or regulations.
Corporate Registration Information and Regulatory Status:
According to the information available on the broker's official website, quadcodemarkiets.com is solely owned by Quadcode Markets Co Pty Ltd, which was established in 2008. The company provides financial services to over 70 countries and has offices in seven countries worldwide. It claims to be authorized and regulated by financial regulatory bodies in three jurisdictions. However, the company has not disclosed its corporate entity registration information or specific regulatory details on its website. The "Jurisdiction Notice" page on the website indicates that the content is governed by the laws of the British Virgin Islands.
Upon verification, neither the “Banks, Fiduciary & Money Services” nor the “Investment Business” sections of the British Virgin Islands Financial Services Commission website list Quadcode Markets. Therefore, quadcodemarkiets.com is essentially a fraudulent broker site with no corporate entity or regulatory oversight.
Account Opening Process:
To open an account with quadcodemarkiets.com, visit the official website and click "Join Now" on the homepage or in the top right corner. Follow the instructions to fill in personal details such as name, email address, and upload both sides of ID and bank card. Set a login password, submit the application, and your account will be successfully registered. After logging in, you must complete identity verification to deposit funds and begin trading.
Trading Account Information:
quadcodemarkiets.com offers four types of trading accounts: Standard Account, Advantage Account, Alpha Account, and Affiliate Account.
Standard Account:
- Trading platform: MetaTrader
- Commission (per lot per side): None
- Spread: From 1.7 pips
Advantage Account:
- Trading platform: MetaTrader
- Commission (per lot per side): None
- Spread: From 1.2 pips
Alpha Account:
- Trading platform: MetaTrader
- Commission (per lot per side): $3.00
- Spread: From 0.0 pips
Affiliate Account:
- Trading platform: MetaTrader
- Commission (per lot per side): None
- Spread: From 1.7 pips
Trading Platform:
quadcodemarkiets.com offers the MT5 trading platform, available for both desktop and mobile.
Deposits and Withdrawals:
quadcodemarkiets.com supports deposits and withdrawals via bank transfer, credit/debit card, and electronic wallets. Users do not incur additional fees when depositing or withdrawing on the trading platform. However, payments using certain international banks may incur charges, including intermediary fees.
Conclusion:
Traderknows reminds investors that quadcodemarkiets.com is a suspected fraudulent broker with unclear registration and regulatory information and false advertising. The only way to contact them is through email, making their contact method very limited. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
