QRS GLOBAL is a Forex CFD broker based in Saint Vincent and the Grenadines, offering trading services in Forex and commodities. QRS GLOBAL Ltd. does not provide services to residents of the United States, Iran, Israel, and European countries. The company's website is https://qrsfx.com/, and the website is available in English and Thai.
Company Background:
QRS GLOBAL's corporate entity 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 for QRS GLOBAL Ltd. is qrsfx.com, and it was registered on 2020/06/30. QRS GLOBAL PTY LTD has an ACN number of 665 543 966, effective from 2023/02/06, with the registered address being Office 22A Peate Ave Glen Iris VIC 3146.
Another corporate entity related to QRS GLOBAL is QRS GLOBAL LLC. QRS GLOBAL LLC claims to be registered with and regulated by Mwali International Services Authority, with registration number HY00823425 and license number T2023349. However, based on the following query results, this company is involved in false advertising and lacks registration and licensing information.
Regulatory Agencies:
QRS GLOBAL PTY LTD is not actually regulated by any regulatory agency.
MGF CAPITAL PTY LTD holds the ASIC license, and AR authorization is granted to companies like QRS GLOBAL PTY LTD. These companies have no actual relationship with MGF CAPITAL PTY LTD and are merely purchasing AR authorization for deceptive advertising to investors.
How to Register a QRS GLOBAL Account?
To register a QRS GLOBAL account, you can follow these steps:
- Visit the QRS GLOBAL website and click on the "Register" button.
- Fill in basic information such as your name, email, and phone number.
- Set your account password.
Once registered successfully, you can use your account and password for login.
Trading Platform:
QRS GLOBAL uses the MT4 trading platform, which is available for Windows, MacOS, iOS, Android, and other versions. MT4 is widely used for electronic trading 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 different account types to cater to various types of traders.
- CENT: Designed primarily for novice investors, it offers competitive spreads, with a minimum deposit requirement of $10.
- FREEDOM: This account is suitable for more advanced traders and provides advantageous spreads, with the same minimum deposit requirement as the CENT account.
- STANDARD SWAP FREE: This is a special account type, typically known as an Islamic or swap-free account, designed for traders following Islamic principles that prohibit interest payments and collections.
- RAW SPREAD: Professional traders often opt for the RAW SPREAD account, which requires a minimum deposit of $1000 and offers low spreads. It may incur swap fees when traders using this account.
Leverage and Fees:
QRS GLOBAL offers a maximum leverage of 1:500, which is the same for all four account types. High leverage allows traders to control larger positions with less capital. While it can lead to more significant potential profits, it also comes with higher risks. Market fluctuations can result in rapid and significant gains or losses. Using QRS GLOBAL for trading carries higher risks, especially for novice traders who lack essential knowledge and experience.
Additionally, QRS GLOBAL accounts do not require fees.
Customer Support:
QRS GLOBAL offers hotline support, and users can contact the company at +44-20-8123-2119 for further assistance. The company also provides email support, and users can reach out to support@qrsfx.com to obtain help and support.
Summary:
QRS GLOBAL is a broker that is not regulated by any regulatory agency. The company engages in false advertising by purchasing AR authorization from MGF CAPITAL PTY LTD, and investors need to exercise caution, carefully discern fraudulent platforms, and safeguard their financial security.
The company is currently listed as "Suspicion of Fraud" on TraderKnows.
