QRS GLOBAL is a Forex CFD brokerage located in Saint Vincent and the Grenadines, offering trading services for Forex and commodities. QRS GLOBAL Ltd. does not provide services to residents of the USA, Iran, Israel, or European countries. The company's official website is https://qrsfx.com/, which only supports English and Thai languages.
Company Background:
The company entity of QRS GLOBAL is QRS GLOBAL PTY LTD, with a specific office address at Euro House, Richmond Hill Road PO Box 2897 Kingstown VC100 Saint Vincent and the Grenadines. The domain name of QRS GLOBAL Ltd. is qrsfx.com, registered on 2020/06/30. The ACN number for QRS GLOBAL PTY LTD is 665 543 966, effective from 2023/02/06, with a registered address at Office 22A Peate Ave Glen Iris VIC 3146.
Another company entity of QRS GLOBAL is QRS GLOBAL LLC. QRS GLOBAL LLC claims to be registered and regulated by the Mwali International Services Authority with registration number HY00823425 and license number T2023349. According to the query results below, the company is involved in false advertising without relevant registration and license information.
Regulatory Authorities:
QRS GLOBAL PTY LTD is not regulated by any authority.
MGF CAPITAL PTY LTD holds an ASIC license, granting AR authorization to companies like QRS GLOBAL PTY LTD. These companies have no actual connection with MGF CAPITAL PTY LTD — they merely purchase AR authorization for external promotion, deceiving investors.
How to Register a QRS GLOBAL Account?
To register a QRS GLOBAL account, follow these steps:
- Visit the QRS GLOBAL official website and click the register button.
- Fill in basic information such as your name, email, and phone number.
- Set your personal account password.
After successful registration, users can log in using their account credentials.
Trading Platform:
QRS GLOBAL uses the MT4 trading platform, available for versions on Windows, MacOS, IOS, and Android. MT4 is widely used in Forex and other financial markets, allowing traders to engage in CFD trading for Forex, stocks, indices, commodities, and more.
Account Types:
QRS GLOBAL offers four types of accounts, providing options for different types of traders.
CENT: Mainly targeted at beginner investors, it offers competitive spreads with a minimum deposit requirement of $10.
FREEDOM: Suitable for higher-level investors, providing favorable spreads. The minimum deposit requirement matches that of the CENT account.
STANDARD SWAP FREE: This is a special account type, commonly referred to as an Islamic account or interest-free account, designed for traders adhering to Islamic law, which prohibits the payment and collection of interest.
RAW SPREAD: Professional traders might opt for the raw spread account. This account has a minimum deposit of $1000 and offers low spreads. Traders using this account incur interest charges.
Leverage and Fees:
QRS GLOBAL provides a maximum leverage of 1:500, consistent across all four account types. High leverage allows you to control larger positions with a smaller capital investment, which means higher potential profits but also greater potential risks. Market fluctuations can lead to quick and significant gains or losses. Trading with QRS GLOBAL presents higher risks, especially for novice traders, due to their lack of basic knowledge and unfamiliarity with trading processes and strategies.
Additionally, QRS GLOBAL accounts do not require any fees.
Customer Support:
One way QRS GLOBAL offers customer support is through a hotline, available by calling +44-20-8123-2119 for further contact with the company.
QRS GLOBAL also provides email support, allowing users to send inquiries to support@qrsfx.com for assistance and help from the company.
Conclusion:
QRS GLOBAL is a broker that is not regulated by any authority. The company engages in false marketing leveraging the ASIC license authorization from MGF CAPITAL PTY LTD. Investors should remain vigilant, carefully distinguishing fraudulent platforms to safeguard their assets.
Currently, the company is marked as "suspected fraud" on TraderKnows.
