Company Introduction – Quadcode Markets
Quadcode Markets was established on November 13, 2019 in Australia as a subsidiary of Quad Code AU Ltd. (ACN 131 376 415). It is licensed and regulated by the Australian Securities and Investments Commission (ASIC), license number 327075, and operates under a Market Making (MM) model. The broker specializes in CFD trading across Forex, Indices, Cryptocurrencies, Stocks, and Commodities.
Quadcode Markets stands out with near-zero spreads, leverage up to 1:30 for Forex, and free demo accounts. Its proprietary trading platform is available on iOS, Android, Windows, MacOS, and Web, but it does not support MT4/MT5.
Advantages & Disadvantages:
Advantages:
- Regulated by ASIC, ensuring greater safety compared to unlicensed brokers.
- Provides over 450 trading instruments.
- Near-zero spreads with high liquidity.
- Free Demo account supported.
- Low minimum deposit (from 20 AUD/USD/EUR/GBP).
Disadvantages:
- No support for MT4/MT5.
- Unclear fee structure.
- Limited asset classes (no ETFs, Bonds, or Mutual Funds).
Tradable Assets:
Forex, Commodities, Stocks, Cryptocurrencies, Precious Metals.
Leverage:
- Forex: 1:30
- Stocks: 1:5
- Cryptocurrencies: 1:2
- Commodities: 1:20
- Indices: 1:20
Deposit & Withdrawal:
The minimum deposit is 20 AUD/USD/EUR/GBP. Payment methods include e-wallets, bank cards, and wire transfers. Withdrawal requests are processed within the same day or the next business day if submitted outside working hours. Bank card withdrawals may take up to 21 calendar days.
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