Quick Option Trade is a contract for difference broker whose official website domain was registered on November 1, 2023. This broker primarily offers investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries or regions where it may violate local laws or regulations.
Company Registration and Regulatory Status
According to publicly available information on its official website (www.quickoptiontrade.live), Quick Option Trade was established in 2016 and claims its corporate entity is VLS, regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose the company registration details or comprehensive regulatory information.
After verification, ASIC has no record of a company named "VLS" being regulated.
Therefore, Quick Option Trade (www.quickoptiontrade.live) is essentially a fraudulent broker with no corporate entity or regulation.
Account Opening Process
To open a trading account with Quick Option Trade, visit the broker's official website, click "Open Account" on the homepage or "SIGN UP" at the top right corner of the page, enter personal information such as name and email address, set a password, and submit it. After verification, the account can be successfully registered.
Trading Instruments
Quick Option Trade offers a variety of trading products including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from rate fluctuations.
- Indices: Trading indices allows speculation on the performance of an entire market or sector without trading individual stocks, providing diverse opportunities with high leverage for potential gains.
- Commodities: Commodity trading covers essential global market resources, enabling traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to engage in the price fluctuations of public company shares, earning from price changes based on company performance without actual ownership.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts opportunities to profit from highly volatile assets.
Investment Plans
Quick Option Trade provides four types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: £500
- Minimum expected profit: £3,500
- Maximum expected profit: £5,000
- Trader education*
- Risk management
- Tax-free spread trading profit
CLASSIC ACCOUNT:
- Minimum deposit: £5,000
- Minimum expected profit: £45,000
- Maximum expected profit: £50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profit
PLATINUM:
- Minimum deposit: £10,000
- Minimum expected profit: £99,999
- Full benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profit
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals daily
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payment only
- Use any broker
Trading Platform
Quick Option Trade provides a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over comprehensive liquidity providers and executing more than 12,000 orders per second.
Deposits and Withdrawals
Quick Option Trade does not support deposits and withdrawals via credit cards or bank transfers, only accepting cryptocurrency transactions.
Conclusion:
Traderknows reminds investors that Quick Option Trade is a scam broker that entices investors with high returns to deceive them. The website has no corporate entity and no regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
